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Established Contributor
Posts: 710
Registered: ‎06-01-2012
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chase auto increase experience

Just wondering, as I'm coming up on my 6 months in March, I hear they offer an increase. Just wondering what your experiences where with that increase.

 

Particularly those that had to recon and JUST got their foot in the door and got the toy $500 CL.

 

what were your scores, usage, etc?

In my wallet: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Senior Contributor
Posts: 6,260
Registered: ‎08-16-2012
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Re: chase auto increase experience

Eh Chase isn't well with clis in general. I've had two freedoms and a slate since 07. Only one auto cli that whole time. Lol :-0
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
Posts: 710
Registered: ‎06-01-2012
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Re: chase auto increase experience


youngandcreditwrthy wrote:
Eh Chase isn't well with clis in general. I've had two freedoms and a slate since 07. Only one auto cli that whole time. Lol :-0

WOW! did you start with a toy limit?

 

I'm hoping that they will see me puting through over 1k a month on the card and help me out a bit! I get so tired of making all of these payments. I cant wait to have a card with a 2k limit. It will be the only one I use. I dont care about interest rate or rewards, I just want to ease my payments up!

In my wallet: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Moderator Emeritus
Posts: 11,154
Registered: ‎12-30-2011
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Re: chase auto increase experience

I believe the general consensus is in order to get CLI's from Chase (typically) you need to request it, and it will be a HP.  There's been some anecdotal SP success through the executive office but YMMV.  

 

In your situation with a "toy limit" Freedom that I'd been using well for six months, if I didn't have a mortgage coming up in call it 12 months I'd take the HP for a potential increase.  I think the possible upside outweighs a short-term penalty on a single credit report if nothing else is in the pipeline.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 700, TU 04 731, EX 98 725 (05/24/15)
Goal Score: 700 on EQ 04 (01/01/16)


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Senior Contributor
Posts: 3,067
Registered: ‎11-02-2009
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Re: chase auto increase experience

I was given the Freedom with a $5500 initial CL.  I reconned it at the time of approval and asked for a higher limit, took another hard pull, and the CLI was declined.  The reason they gave me was prior late payments on a Chase account and other accounts (I had a series of lates, some 120+, four years ago).  They wanted to see how I did with that limit first.

 

Fast forward to last weekend.  I applied for a second Chase card, the CSP.  Initial CL was $29,700.  I had used my Chase Freedom modestly, running about $7000 total through it.  I carried a pretty high balance for a while taking advantage of the 0% promo APR.  I had paid it off completely before applying for the CSP.  There was about 8 months between applying for Freedom and CSP.

 

So I know there are some differences as you're asking about initial CLs of $500, but at least in my experience, after seeing me handle the first card responsibly for a fairly short time period, they gave me a much better CL on a second card.  Perhaps other people can comment on whether or not they've had similar experiences.  It might be better to just apply for a second card, especially if you're going to take a hard pull anywyay.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Valued Contributor
Posts: 2,280
Registered: ‎07-23-2012
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Re: chase auto increase experience

@jc. 

 

i got my freedom back in july apped over the phone and only got a 500 limit due to no other non store cards. aaoa at the time was about a year and a half. 

 

basically maxed it out and pif every month i had it except for maybe one month.(not maxing out)  

they auto cli from 500 to 1k after my 5th statement. 

i charged about 800 on it and pif maybe another auto cli.... lol

 

but since then i have gotten another 2k card and a 5k card also a zync. so anythings possible. 

after all my inquries age over a year im thinking about asking for a real cli but i dont think i will. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
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Re: chase auto increase experience

Back about six years ago I got the Slate with a 3 digit toy limit. I have PIF, left a small balance, left a big balance etc over the course of the years. Never gotten an increase. When I asked about it a few years back they said it will cost me a HP. I said no thanks.

A few months ago I apped for a different Chase card and ended up with a 5 digit CL.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
Posts: 710
Registered: ‎06-01-2012
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Re: chase auto increase experience


creditnocash wrote:

@jc. 

 

i got my freedom back in july apped over the phone and only got a 500 limit due to no other non store cards. aaoa at the time was about a year and a half. 

 

basically maxed it out and pif every month i had it except for maybe one month.(not maxing out)  

they auto cli from 500 to 1k after my 5th statement. 

i charged about 800 on it and pif maybe another auto cli.... lol

 

but since then i have gotten another 2k card and a 5k card also a zync. so anythings possible. 

after all my inquries age over a year im thinking about asking for a real cli but i dont think i will. 


thats great news, congrats. I was hoping after seeing my usage and how I handle the account they would boost it a bit. I also switched my checking account and they have my DD of 3k/month going in. So with all of that I would hope they increase me.

I still need to have someone from citizens SP me for a pre approval. Might be paying some CC's ahead of statement date for optimal chances. hah

In my wallet: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Senior Contributor
Posts: 6,260
Registered: ‎08-16-2012
0

Re: chase auto increase experience

Well... One started with a $400 limit then was auto cli to $700 exactly a year in... Closed it like two years later bc of no cli.  had a Slate that stayed at $2500 for two years- no cli! and increase in apr, so I closed it. My $5k Freedom

is my only open, active Chase account. Ive banked with them for four years nearly too!! Eh :-/

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
Posts: 1,986
Registered: ‎01-24-2012
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Re: chase auto increase experience

A lot of the automated increases reporting from Chase seem to be from people who have very low limits (below 2000). There have been people on here reporting an increase with a limit over 10000, but that seems more rare. A person claiming to be a Chase credit analyst on Fatwallet claimed that Chase's system looks at every account every six months and will give an increase if everything is good. I have never received an automated increase.

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