So I got a Chase Freedom card in December of 2011 and I've run it up to near the limit for every billing cycle and paid it off the day after the statement.
They initially gave me a $3000 limit and I'm wondering how often they give out automatic INQ free CLIs.
I have a high balance of 10,600 showing on my Amex plat, a 4000 limit at Citi and a 12,000 limit at USAA. I also have a few GE cards all around 2000.
This is my first Chase card and I'm wondering if any of you have positive experiences with getting an auto CLI. Ultimately, I'd like to app for a Sapphire Preferred but I hear they match their existing in house limits on new accounts.
Have the freedom, have had a couple other Chase cards in the past. Parents have had a few (different kinds) and I have yet to hear about an auto CLI from Chase from much of anyone. I have heard they used to be good ad CLDs however.
I got an auto CLI on my Freedom 2 years after opening. They raised me from 2k to 3k.
2 weeks ago I apped and recieved a Sapphire with a starting CL of 5k instant approval.
Chase will also be a challenge for me. I got a Freedom last December and still wondering the best way to proceed with a CLI 6 months from now.
Would it not be better to pay before the statement that way your credit report does not show it is maxed out? Just a thought
I dont know if it helps to let them make some money off the APR? If we pif ,the dont really make out in terms of APR. Give them a bait??
I like the baiting them with a few bucks of interest idea.
As far as letting the balance report to the CRAs, I've done it a couple times to show other soft pullers that I've run it up and paid it off. I only do one at a time to keep overall utilization low and if I know I'm apping or asking for a CLI from someone I make sure my overall utilization is < 10%
I don't know about Auto CLIs but I went to the Branch the other day and the banker had a 'Green Button' credit offer on her computer for me, but I decided not to take it. She couldn't be sure what it was unless I wanted to accept it.
She said that it usually means that the computer is telling her to offer another card to me and the computer has a very high chance to have instant approval. I didn't want to take it since I only got my card about 2 months ago..