Hoping for a Barclays CLI on 7th or 8th sm...help??!!

[MidnightJester]

 

This chart is from Barclays on how they generally look for CLI's. 25-35% or so is a sweet spot for auto CLI if you are to believe their chart

[lonelyisland]

---

@MidnightJester wrote:

 

This chart is from Barclays on how they generally look for CLI's. 25-35% or so is a sweet spot for auto CLI if you are to believe their chart

---

What do the X and Y axis represent?

[creditFiend]

---

@pizza1 wrote:

Ok, so my 6th statement cut this month on the 10th, I thought I did everything right, and was disappointed to NOT get the usual "6th month cli". I pif every month, use the card A LOT, and heavily, make several big payments a month, and twice I let a small balance carry over ($63), then pif immediately.  My total overall revolving credit was 1% reporting on one card at the time, and my TU score had actually gone UP by 5 pts since opening the card. 

The only thing I think of as to why I didn't get my cli was......(data points)....I had probably 6 new Inquiries and 3-4 new cards since opening Barclays.  So, they liked me enough not to close my account since they are SO sensitive to that, but not enough to give me a cli. I haven't changed my spending habits with them. My question is... I know some people have gotten their increase on the 7th or 8th statement. My next statement will cut on 09/10/14, and that will be my 7th sm.  Should I have a $0 bal, or carry over? If carry over how much? A few hundred?? Plus I'm in the garden... So they may want to see no apps or new cards for another 6 months from me. 

Any advice is much appreciated!! Thanks:-)

---

Same here!  My 6th statement cut August 5th; no increase.  I opened a few new accounts since opening with them in February so I'm thinking the same.  My 7th statement cut September 5th; & I am paying the balance to zero to see what happens.  My overall utilization stays under 6%.  I hope we all get our increases!!

[MidnightJester]

Horizontal (X) is Utilization

Vertical (Y) is CLI or CLD approval odds or chances for auto CLI

so going from left to right utilzation climbs. at 30% or so green line is CLI is peaking. at 80% utilization red line CLD peaks. It donest really specify if its Total utilization or Barclays Utilaztion.

http://www.barclaycardring.com/t5/Barclaycard-Ring-Public-Blog/A-Case-Study-of-a-Credit-Line-Increas...

[Callandra]

I've had my Barclaycard since December; use every month, put some okay spend through it and always PIF. No auto-CLI.  Maybe opening Freedom back in May spooked them away along with my low income? :\ Will never know..