@dapps06 wrote:
I just wanted to know what someone can do to better their chances of the SP CLI. An answer of "it's random" is not acceptable. He made it sound as if they put customer pictures up on a wall and blindly throw darts. Nonsense, there is a method to who gets them and why. Now, if he said "we don't discuss our methods with customers", that's fine. But to say it's random is just something I can't deal with.
I've been with Chase for a year. No late payments and I've put FAR more money through Chase cards than probably all of my other cards combined. No CLI's of any kind, no APR reduction, no offers of any kind. So maybe it boils down to I just don't put enough through the cards to satisfy them, fine. I'll never put more through than I already do, so if that's the issue then leaving them becomes the right thing to do anyway.
You may think it's "silly" to leave a company because I'm not getting what I want under my own terms, but the reality is every other credit provider agrees with my stance. This is proven in how they deal with their customers, not one account I have is the same as when I opened it other than with Chase. This shows other lenders are perfectly willing to adapt to your changing credit situation. Why would I ever stick with a permanent 23 percent APR? The credit profile that APR applies to is no longer associated with me. I don't have that credit any longer and therefore I'm not going to be punished as if I do. You find this "silly", I find it to be common sense. I've put pennies through my Discover card vs what I've put through my Chase cards, my Discover card is also only four months old and in month three I was given a small increase. Why can't Chase do this? Who knows, but I'll let some other customer take my place and pay an absurd APR so as to not look "silly".
You have a Chase Slate. You got the benefit of whatever timeframe of low or zero APR you were going to get out of the card. I'm not sure why you are looking for a CLI on this card. Are you carrying any balance on the Slate? If no, then the 23% doesn't apply. Even if you are putting spend through it, you aren't getting any points for it.
If the question is about the Amazon card, then transfer some or all of the CL from the Slate to the Amazon card.
As noted, several times, by others, what you would like Chase to do, and how Chase has chosen to do business are at odds. You can either app for a new card, or not. The Chase Freedom is an excellent noAF, revolving category 5% card with the potential to generate a substantial number of UR points that you can bank and decide later whether you want to transfer them through a Chase CSP to an airline like United to get some even better value out of them. Oh, and the Freedom also has a sign up bonus.
If you don't like the APR on the Amazon card, then close it, and apply again after a month for another.
Chase won't give you a SP CLI. They won't lower your APR. You don't have to embrace this concept, you just have to accept it. 
And then figure out what you want to do about it, within those limits.
Good luck!
@yfan wrote:
@dapps06 wrote:You may think it's "silly" to leave a company because I'm not getting what I want under my own terms, but the reality is every other credit provider agrees with my stance. This is proven in how they deal with their customers, not one account I have is the same as when I opened it other than with Chase. This shows other lenders are perfectly willing to adapt to your changing credit situation. Why would I ever stick with a permanent 23 percent APR? The credit profile that APR applies to is no longer associated with me. I don't have that credit any longer and therefore I'm not going to be punished as if I do. You find this "silly", I find it to be common sense. I've put pennies through my Discover card vs what I've put through my Chase cards, my Discover card is also only four months old and in month three I was given a small increase. Why can't Chase do this? Who knows, but I'll let some other customer take my place and pay an absurd APR so as to not look "silly".
Generally, I find your stance of closing the Chase cards not only your prerogative but the right move. But come on. No lender owes you anyghing just because another lender was nice to you. I have been with Discover for more than a year, and I have never gotten a CLI, but I have enough of a CL to put all the spends I would want to anyway given its rewards structure through it. I don't put spend on a card because I'm hoping to get a CLI. I put spend on it because it gives me the rewards I think are best.
As for some other customer taking your place and "paying" an absurd APR, while Chase is the one determining the APR, you are the one that decides whether to pay it. If you pay your balance in full before the due date, you pay no interest at all. Let's not take ourselves completely out of the seat of resposibility.
Think about the concept of the credit game, the idea is to improve your credit to improve your terms. No reason exists to improve your credit if it's not going to improve your terms. Imagine if every lender did business the way Chase is doing business here, what incentive would people have to improve their credit situation? Are we morally obligated to keep our utilization at a certain level, to carry balances on only x number of cards? No, we do these things because we're playing the game. Chase wants to play only part of the game, they want to bat but they don't want to play in the field. They're happy to impose unfavorable terms based on poor or average credit, but when that same credit situation transforms into good or excellent status, Chase says "eh, your credit doesn't matter so much anymore".
That kind of business practice should disgust literally everyone. If more people did what I'm about to do, closed their accounts, guess what? Chase would abandon this practice in no time at all. As long as they have people making excuses for them they'll continue to act in this manner. I didn't have A lender treat me favorably, I've had every single lender I've dealt with treat me favorably and reward my credit resurgence. THIS is the standard practice, to reward your customers if they show financial responsibility. Chase appears to only be interested in credit if it's inadequate enough to qualify for favorable, from their position, terms. That's not how the credit game is designed, it completely defeats the purpose of the entire system.
To clarify, I'm not even focusing on my Slate account. It has a zero interest period until I believe August of next year. My focus was on the Amazon account I opened almost exactly one year ago. No late payments, plenty of money put through it, zero recognition by Chase. Then I call to ask what I can do to earn better terms (something that should stand out as a positive to Chase), and I'm met with "it's random". Horrible policy and horrible answer. Maybe a few years down the line I'll apply for a new account, but I just cannot support a company that won't adjust to my improving credit situation.
@takeshi74 wrote:
@dapps06 wrote:That kind of business practice should disgust literally everyone.
...and it literally does not given their base of credit card consumers. If you don't like how they handle things you are certainly free to close your Chase accounts. That has already been stated many times in this thread. However, plenty of others find a lot of benefit from their Chase cards and find them worth keeping. You have to do whatever it is that works for you given your siutation, needs, preferences and priorities. APR's and CLI's aren't such a concern for me with Chase but I apped for my 4 Chase cards when my profile was clean.
tl;dr It really doesn't matter what other creditors do. Chase's policies are Chase's policies. If you don't like them you are free to use creditors in line with your own preferences.
+1. I'm not disgusted. Don't know why