Credit Cards

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Frequent Contributor
xiownthisplacex
Posts: 254
Registered: ‎08-29-2011

CSP CLI - advice

Options

‎08-08-2012 11:21 AM

I currently have the United and CSP, both with 5k limit. Have the United since Oct 2011 and the CSP since April 2012.

I want to increase my limits on both. What would be a reasonable offer to make? No baddies ever and income is 70k.

The only reason I haven't requested anything yet is because of the HP and I wanted to see what your thoughts are on it before I spend an inquiry for no reason if it's not worth it.

Starting Score Myfico EQ: 676 08/11/2011
Current Score: Citi EQ Pull: 745 Walmart TU08: 750 AMEX EX Pull: 745 1/21/2013 Goal Score: 780+
Hover over image to see limits
NPSL$1,000$9,500$9,500$5,000$5,000$5,500$6,500$5,300$9,000$5,500$4,200$1,200$1,900$1,600
Message 1 of 11 (501 Views)
 
Reply
Established Contributor
bribro
Posts: 878
Registered: ‎04-20-2012

Re: CSP CLI - advice

Options

‎08-08-2012 03:00 PM

I would wait until the 6 month mark for the CSP. Are you using the cards pretty heavily?

Credit Karma Score: 803 (4/26/13)
Credit Sesame Score: 792 (4/26/13)

J.P. Morgan Palladium ($100k x3) | Citi Dividend World Elite MC w/EMV ($20k) | Chase Sapphire Preferred Visa Signature ($25k) | Chase Ink Bold World Elite MC ($25k Flex) | Chase Freedom Visa Signature ($25k) | Chase Freedom World MC ($25k) | Chase MileagePlus Explorer Visa Signature ($15k) | AmEx Blue Sky ($22.5k) | Lexus Financial Services ($30k) | Capital One Store Credit ($6k) | GE Money Store Credit ($3k) | WFNNB Store Credit ($2k) | Macy's Store Credit ($2k)
Message 2 of 11 (448 Views)
 
Reply
Frequent Contributor
xiownthisplacex
Posts: 254
Registered: ‎08-29-2011

Re: CSP CLI - advice

Options

‎08-08-2012 03:07 PM

About $1,000 a month on each. I was thinking of asking for a CLI on both at the same time, will that be just one HP? Or will they do 2 HP anyway?

Starting Score Myfico EQ: 676 08/11/2011
Current Score: Citi EQ Pull: 745 Walmart TU08: 750 AMEX EX Pull: 745 1/21/2013 Goal Score: 780+
Hover over image to see limits
NPSL$1,000$9,500$9,500$5,000$5,000$5,500$6,500$5,300$9,000$5,500$4,200$1,200$1,900$1,600
Message 3 of 11 (440 Views)
 
Reply
Established Contributor
searchingfor67
Posts: 614
Registered: ‎08-02-2011

Re: CSP CLI - advice

Options

‎08-08-2012 03:14 PM

bribro wrote:

I would wait until the 6 month mark for the CSP. Are you using the cards pretty heavily?

+1...I would wait 6 mos, and then call the executive office. You may be able to get an increase without a hard pull. I was able to get a $10K increase on my freedom this way...

TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCP $17K | Amex Costco TE $10.4K | Amex SPG $6.1K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi Dividend World MC $10.1K | Citi Forward $10K | Discover IT $9K | JP Morgan Select Visa Signature $9.2K | NFCU Flagship Visa Signature $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $10K | USAA World MC $9K
Message 4 of 11 (428 Views)
 
Reply
Frequent Contributor
xiownthisplacex
Posts: 254
Registered: ‎08-29-2011

Re: CSP CLI - advice

Options

‎08-08-2012 05:00 PM

Good to know! I will wait 6 months then, hope it will be just a SP :smileyhappy:

Starting Score Myfico EQ: 676 08/11/2011
Current Score: Citi EQ Pull: 745 Walmart TU08: 750 AMEX EX Pull: 745 1/21/2013 Goal Score: 780+
Hover over image to see limits
NPSL$1,000$9,500$9,500$5,000$5,000$5,500$6,500$5,300$9,000$5,500$4,200$1,200$1,900$1,600
Message 5 of 11 (392 Views)
 
Reply
Mega Contributor
LS2982
Posts: 14,450
Registered: ‎04-09-2011

Re: CSP CLI - advice

Options

‎08-08-2012 05:09 PM

searchingfor67 wrote:
bribro wrote:

I would wait until the 6 month mark for the CSP. Are you using the cards pretty heavily?

+1...I would wait 6 mos, and then call the executive office. You may be able to get an increase without a hard pull. I was able to get a $10K increase on my freedom this way...

I agree, there have been members here with positive experiences with the executive office getting a SP CLI.

 



Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 711 5/19/2013
Message 6 of 11 (380 Views)
 
Reply
Regular Contributor
WhiteCollar
Posts: 228
Registered: ‎04-07-2012

Re: CSP CLI - advice

Options

‎08-08-2012 07:31 PM

Since Chase does a HP for all customer initiated CLI's, you should request both at the same time. I recommend waiting until your CSP has aged at least 6 months.

Message 7 of 11 (341 Views)
 
Reply
Established Contributor
jordanmedical
Posts: 998
Registered: ‎04-08-2012

Re: CSP CLI - advice

Options

‎08-08-2012 07:40 PM

Always ask for the highest you want because if it can't be granted, chase does counter-offer.

-Rebuilding with Cap1 Secured: 300, CapOne Cash: $1k, NFCU Secured: 500, NFCU cashRewards $8.5K, NavCheck $2.5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.5K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K
Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700
Take the FICO Fitness Challenge

Message 8 of 11 (327 Views)
 
Reply
Regular Contributor
SanjeevR
Posts: 121
Registered: ‎01-10-2012

Re: CSP CLI - advice

Options

‎08-08-2012 08:29 PM

I suggest taking the HP. As someone mentioned, you can possibly get CLI on both cards with one pull.

 

Be sure to call the backdoor number if you have any issues whatsoever. Just make sure you speak to someone who sounds pleasant and knowledgeable. (I speak with much experience. Even Chase has cranky and/or less-than-helpful credit analysts.)  

 

By the way, I've been able to increase both my CSP ($5k > $20k) and United cards ($10k > $20k) substantially with less than 4 months of opening each card.

 

I do suggest PIF whenever possible and utilization less than 10%. Chase loves both.
Starting scores: Around 630 (Sep 2011)
Current FICO scores: TU ‘08 792 (Walmart) • EQ 765 • EX 771 (Amex)
Prime cards: JP Morgan Select (30K) • HHonors Reserve (30K) • Chase United MileagePlus Explorer (20K) • Chase Sapphire Preferred (20K) • Amex Hilton Honors Surpass (20K) • Amex BCP (20K) • Barclay Ring (20K) • Citi Thank You Premier MC/Visa (16K Combined) • Discover Escape (10K) • Amex SPG (5K) • Amex Premier Rewards Gold • US Bank Cash+ (5K+???)
Message 9 of 11 (305 Views)
 
Reply
Contributor
wealthcreator
Posts: 211
Registered: ‎07-02-2012

Re: CSP CLI - advice

Options

‎08-08-2012 08:39 PM

Waiting for some more time is good option. I am also considering apping for chase card after 2 months..

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
Message 10 of 11 (291 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+