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Valued Member
osudelt00
Posts: 33
Registered: ‎03-29-2013
0

Chase temporary CLI??

Hi All,

I need insight to this one as I didnt expect this. I have had a chase freedom card for a year now with no CLI, also no periodic account reviews on my credit report since October 2012. A couple of days ago I sent a secure message to Chase making sure that everything was kosher with my account as I have never been late and I am currently sitting at 20% utilization. (My credit limit is $500.00) I recieved the response that many of you have on here stateing that they would need to do a hard pull. I waited a few days and responded that I couldnt risk a hard pull at this time so I will wait, but I reiterated to them I felt it was odd that I am sitting at such a low limit and it doesnt appear that my accout has been reviewed. 

 

This entire conversation was done by secure message. Well this morning I wake up and I recieved a TEMPORARY credit line increase for 60 days to $1000.00.. lol.. It will revert back to the $500.00 in July.. Now yes I am grateful but I really dont understand the logic of a temporary increase. 

 

What do yall think, Do you think they just did that so they would have time to do a SP?? I'm lost with this one.. 


Starting Score: 550
Current Score EQ: 688 Sep/7/13
Current Score TU: 686 Sep/7/13
Goal Score: 720


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Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Chase temporary CLI??


osudelt00 wrote:

Hi All,

I need insight to this one as I didnt expect this. I have had a chase freedom card for a year now with no CLI, also no periodic account reviews on my credit report since October 2012. A couple of days ago I sent a secure message to Chase making sure that everything was kosher with my account as I have never been late and I am currently sitting at 20% utilization. (My credit limit is $500.00) I recieved the response that many of you have on here stateing that they would need to do a hard pull. I waited a few days and responded that I couldnt risk a hard pull at this time so I will wait, but I reiterated to them I felt it was odd that I am sitting at such a low limit and it doesnt appear that my accout has been reviewed. 

 

This entire conversation was done by secure message. Well this morning I wake up and I recieved a TEMPORARY credit line increase for 60 days to $1000.00.. lol.. It will revert back to the $500.00 in July.. Now yes I am grateful but I really dont understand the logic of a temporary increase. 

 

What do yall think, Do you think they just did that so they would have time to do a SP?? I'm lost with this one.. 


I've never hear of temporary CLI's with Chase. I would call and get details about it.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Valued Member
osudelt00
Posts: 33
Registered: ‎03-29-2013
0

Re: Chase temporary CLI??

I found it odd myself.. I may give them a ring in a week or so not to jinx anything that possibly is going on in the background.. 


Starting Score: 550
Current Score EQ: 688 Sep/7/13
Current Score TU: 686 Sep/7/13
Goal Score: 720


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Valued Member
osudelt00
Posts: 33
Registered: ‎03-29-2013
0

Re: Chase temporary CLI??

.

Starting Score: 550
Current Score EQ: 688 Sep/7/13
Current Score TU: 686 Sep/7/13
Goal Score: 720


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Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Chase temporary CLI??

Maybe they are doing it to test you?! Don't fall for it!
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Frequent Contributor
unc0mm0n1
Posts: 432
Registered: ‎03-05-2013
0

Re: Chase temporary CLI??

 

Last App December 7, 2013. Gardening until May 20, 2014
Current Score: 720 EX 714 EQ 712 TU 12/10/2013Goal Score: 720 across the board
Valued Member
osudelt00
Posts: 33
Registered: ‎03-29-2013
0

Re: Chase temporary CLI??

LMAO.. No I'm not falling for it.. Just seems pointless for it to revert back in July.. ah well.. I will still treat it as a $500.00 limit card. 


Starting Score: 550
Current Score EQ: 688 Sep/7/13
Current Score TU: 686 Sep/7/13
Goal Score: 720


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Regular Contributor
ImprovingYouth
Posts: 154
Registered: ‎09-21-2012
0

Re: Chase temporary CLI??

[ Edited ]

unc0mm0n1 wrote:

 


 

 

:smileyvery-happy:

Age: 22 //Cards: Chase Freedom, Chase Amazon Visa, Discover IT, CreditOne, CapOne Quicksilver, CapOne Cash, Walmart, Barclaycard, Citibank BestBuy, NavyFederal Visa Signature cashRewards //AAoA: 1 Year 3 Months (but going down quickly :smileytongue:) //CK:692, Sesame:656
Established Contributor
Rackham94
Posts: 510
Registered: ‎04-01-2013
0

Re: Chase temporary CLI??

Bait and switch? What is your APR? 

New Contributor
rex_03
Posts: 131
Registered: ‎11-08-2007
0

Re: Chase temporary CLI??

Possibly to see if you can manage a higher limit? I wouldn't think so though.. Either grant a CLI, or dont. It is odd either way.. 


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