Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to increase your Discover credit limit
Increase your purchasing power with active and responsible credit card use.
Your credit line doesn’t only affect your spending power, it affects your credit score and subsequently the loan terms you receive from other providers. That’s why requesting a credit limit increase from Discover could be worth considering.
How can I find out my Discover credit limit?
Find your credit line information on your credit card statement or on your online account. Calling Discover’s customer support could be another way of learning your credit limit.
How do I know if I am eligible for a credit limit increase?
Discover outlines their credit line increase eligibility criteria on their website. It includes:
- Timely payments on your credit card account.
- High income, low expenses.
- Good credit history.
- The number of recent inquiries.
Meeting these requirements doesn’t mean a credit limit increase is guaranteed, but it improves your chances of approval.
How to increase my Discover credit limit
You’ll find four ways to increase your credit limit with Discover.
Before you request a credit line increase, make sure you have the following information: your annual income, employment and occupation, a reason for the request, your monthly credit card spend and mortgage/rent payment.
Submit your request online
If you mostly do your banking online, you can easily apply through your personal account:
- Log in to your online Discover credit card account.
- Select the credit line increase option under account management.
- Fill out the request form.
- Review and submit.
Call the bank
Alternatively, you can call the bank and request a credit limit increase directly from a customer service representative. Here’s how to do it:
- Call Discover at 800-347-2683.
- Request your credit limit increase.
- Provide the necessary information.
When will I receive the credit limit increase?
Once approved, your credit line increase will appear immediately. If Discover needs additional information, it may take a few more days.
Get an automatic credit limit increase
Discover is known for rewarding active credit card users with automatic credit line increases. To increase your chances of success, make sure to:
- Use your card regularly. Show discover you really use the card and an increase would be more than welcome.
- Use a higher amount of your credit line. It doesn’t make sense to ask for an increase if you use 10% of your credit line. But don’t max out your credit line either.
- Pay your full balance on time. Discover puts a lot of weight on your ability to repay your debt.
Apply for another card
If you keep getting denied for a credit line increase, you can always apply for another card. This way you get to choose additional perks, like a signup bonus, rewards program, an intro APR period or no annual fees.
Compare high-limit credit cards
Providers rarely share credit limits, but these cards tend to offer higher lines of credit than others. It’s always a good idea to check with the provider to be sure.
How is my Discover credit limit determined?
Discover weighs in the following criteria when deciding on your credit line:
- Annual income.
With a higher annual income, you can get a higher credit limit.
A job and a steady income shows you can be a responsible cardholder.
Clean credit history and on-time payments are important factors to Discover.
- Utilization rate.
Keep your utilization rate at 30% or below to boost your chances of getting a higher credit line.
- Lower expenses.
Discover wants a healthy gap between your annual income and monthly expenses, such as rent or mortgage payments.
- The number of credit card inquiries.
Don’t apply for multiple credit cards if you want to request a credit limit increase with Discover. Having too many inquiries can raise a red flag and deny you a high credit line.
How often will Discover increase my credit limit?
Discover is one of the more generous card providers when it comes to credit line increases. Some customers report that they got an automatic credit limit increases every month, which isn’t the case with other credit card providers.
If you’re not happy with your credit limit, call Discover or request an increase via your online account. But you have to be eligible for an increase first. This means you need to actively use your card and pay off your full balance on time.
If requesting a credit line increase seems like a hassle, consider applying for a new credit card as an alternative.
Frequently asked questions
More guides on Finder
How to choose a bank
How to choose a bank when you don’t know where to begin.
How COVID-19 has changed business lending in 2021
Embedded financing and a de-emphasis on credit scores look like they’re here to stay.
Alta prepaid card review
A prepaid card with built-in budgeting tools, early paydays and a savings account that earns 1% APY.
Review: Venmo app for cryptocurrency
Venmo provides a convenient way to send money to friends, and now users can buy cryptocurrency like Bitcoin with as little as $1.
How to find your routing number
Locating your bank’s routing number may not be obvious, but here’s where to find it.
How to avoid Wells Fargo account fees
Here’s a breakdown of Wells Fargo’s common account fees and how to avoid them.
Best bank accounts for freelancers and the self-employed
Compare the five best bank accounts for self-employed professionals and freelancers.
Unifimoney account review
Unifimoney lets you spend, save and invest, but it’s only free for high-income individuals.
How to start a solo 401(k)
A retirement plan for self-employed individuals but may come with high administrative fees.
How to trade options on Robinhood
Trade multiple options strategies with this popular free app for basic and advanced traders — including 6 steps to get started with options.
Ask an Expert