The thing with blk8's method is that it takes away from being able to use the card for everyday purchases. Or am I totally misunderstanding what he means?
I take it like this:
Month 1: I use my card for $400 in total charges. Statement: $400 - ok
Month 2: I pay half of my statement balance and can't use the card. Statement: $200 - pay half but you can still use
Month 3: pay the rest to 0$ balance and don't use the card. Statement: $0 - PIF balance including what you may have used month 2
Month 4: can finally use my card and charge another $400. - ok
Month 5: pay half. No card use. Statement: $200 - pay half but you can still use
Month 6: pay the rest to $0. Don't use card again. Statement: $0 - PIF balance.
Month 7: auto CLI.
Correct? Or am I way off?
Month 1-3 use your card as you would like
Month 4 - use 90% of your CL and PIF
Month 5 - use 90% of your CL and PIF
Month 6 - use 90% of your CL and PIF
Call and ask for a substantial CLI .... let them the rep know you are finding yourself having to use other cards cause the CL on your Chase card is insufficient. :-)
I think this will net a good CLI!!!!