Does the frequency of the usage of the card affect CLI?

[w20031424]

We know that in general, the more you charge through a card, the bigger chance you will get a CLI or a CLI of higher limit.

My question is, does charging nothing but $2000 dollars on the card when you purchase a pair of shoes or some clothings once a month  makes any difference with someone who put all the grocery/utility bill/medical bill on the card, which also totals $2000 a month, when the computer decides CLI?

How about credit analyst manual review?

Thanks. 

[armbenderc]

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@w20031424 wrote:

We know that in general, the more you charge through a card, the bigger chance you will get a CLI or a CLI of higher limit.

My question is, does charging nothing but $2000 dollars on the card when you purchase a pair of shoes or some clothings once a month  makes any difference with someone who put all the grocery/utility bill/medical bill on the card, which also totals $2000 a month, when the computer decides CLI?

How about credit analyst manual review?

Thanks. 

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To me, it's YMMV. It can goes either way.

If you don't charge enough on the card, the lender may give you more CL in order to win you over.

If you charge a lot thru a card to its near limit, and pif. The lender may see that you need high CL to better accomodate.

Or

If you don't charge enough on the card, the lender may see that you have enough CL and won't give you anymore.

If you charge a lot thru a card to its near limit, and pif. The lender may not give you anymore because what if you stop paying and just maxing out the card.

it's YMMV, and depending on your credit profile and income.

[w20031424]

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@armbenderc wrote:

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@w20031424 wrote:

We know that in general, the more you charge through a card, the bigger chance you will get a CLI or a CLI of higher limit.

My question is, does charging nothing but $2000 dollars on the card when you purchase a pair of shoes or some clothings once a month  makes any difference with someone who put all the grocery/utility bill/medical bill on the card, which also totals $2000 a month, when the computer decides CLI?

How about credit analyst manual review?

Thanks. 

---

To me, it's YMMV. It can goes either way.

If you don't charge enough on the card, the lender may give you more CL in order to win you over.

If you charge a lot thru a card to its near limit, and pif. The lender may see that you need high CL to better accomodate.

Or

If you don't charge enough on the card, the lender may see that you have enough CL and won't give you anymore.

If you charge a lot thru a card to its near limit, and pif. The lender may not give you anymore because what if you stop paying and just maxing out the card.

it's YMMV, and depending on your credit profile and income.

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What I mean is all the things except the frequency of the usage of card are the same.  Both people have same card/income/AAOF/FICO, etc. The only difference is one use the card once a month, the other twenty times a month. And the purchase amount is the same.

[fittiger]

Solely based on my opinion, I would venture to say the more transactions scenario would garner a CLI faster b/c the bank sees you use their product a lot vs putting a lot of debt on their card in one shot, which may seem riskier without looking as if you will continue to use them in the future

There are so many other factors I'm sure that affect this though.

BUT.....I would guess that your payment history is a much bigger factor.

[hutchj]

I think it may also be due to your repayment habits. I know my Discover card gave me an inital limit of $7500. The highest the balance has ever been has been $1000. And I made 2 payments a month both totaling more than the minimum payment. One day I checked my account and my limit was $9000 and I had only paid the balance down to $500.

So I think if they see you are going to pay the money back in a timely manner they will be willing to give a limit increase.