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Regular Contributor
Posts: 130
Registered: ‎01-11-2011
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CLIs on "student" credit cards

I have the Chase student credit card with a measely $350 dollar limit and an AMEX Zync. I have had the student card since June '10 and the Zync since November '10. I am thinking of increasing the limit on the student credit card in June '11.

 

I have paid off each statement as they come in (sometimes I make payments earlier to lower the UTIL) and have NO lates, on both cards.

 

Soo how flexible are student products and CLIs ?

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
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Re: CLIs on "student" credit cards


Scene wrote:

I have the Chase student credit card with a measely $350 dollar limit and an AMEX Zync. I have had the student card since June '10 and the Zync since November '10. I am thinking of increasing the limit on the student credit card in June '11.

 

I have paid off each statement as they come in (sometimes I make payments earlier to lower the UTIL) and have NO lates, on both cards.

 

Soo how flexible are student products and CLIs ?


$350 CL is a good limit for a student.  It may be best to stay at that limit until after you graduate and land a full-time job. 

Established Contributor
Posts: 736
Registered: ‎07-07-2010
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Re: CLIs on "student" credit cards

BoA student card max limit is 2500. Though when you graduate you can do a product change and get a higher limit. 

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01/11/2011: FICO:TU: 746
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Valued Contributor
Posts: 1,291
Registered: ‎05-13-2010
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Re: CLIs on "student" credit cards

 


gbishere wrote:

BoA student card max limit is 2500. Though when you graduate you can do a product change and get a higher limit. 


Or do what I did, PC and go to $3,500... Smiley Wink

 

BofA Cash Rewards VS - $25k/9.99% | Citi Dividend World MC - $12.1k/11.99% | Amex BCE - $20k/10.24% | Chase Freedom VS- $10k/15.24% | Barclay Ring $5k/8.0% | Discover it - $21.5k/11.99%
Regular Contributor
Posts: 130
Registered: ‎01-11-2011
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Re: CLIs on "student" credit cards

[ Edited ]

I am sooo stealing your signature, DI

 

(lol, jk)

 

Sooo I suppose CLI on student products are null and void and in the future I should just consider a PC.

 

If I PC, do I keep the same history or does it close the account and start fresh?

Valued Contributor
Posts: 1,291
Registered: ‎05-13-2010
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Re: CLIs on "student" credit cards

PC to Freedom, if you can, and PC keeps same account and history (just some times the account number changes).

 

I would also recommend Citi Forward.  Generous CLIs, generous CLs, and great rewards for college students.

BofA Cash Rewards VS - $25k/9.99% | Citi Dividend World MC - $12.1k/11.99% | Amex BCE - $20k/10.24% | Chase Freedom VS- $10k/15.24% | Barclay Ring $5k/8.0% | Discover it - $21.5k/11.99%
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
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Re: CLIs on "student" credit cards

 


Scene wrote:

I am sooo stealing your signature, DI

 

(lol, jk)

 

Sooo I suppose CLI on student products are null and void and in the future I should just consider a PC.

 

If I PC, do I keep the same history or does it close the account and start fresh?


Ha ha!  I came up with it  over a year ago. 

 

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Contributor
Posts: 82
Registered: ‎02-20-2010
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Re: CLIs on "student" credit cards

Got the Citi Forward a few months after I turned 18 and got 4000 limit. Had a captial 1 at 1000 and a jcpenny card at 1500 I believe. Got a citi cli to 5200 a month or so ago. Give them a try. 

.Believe.
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