I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.
I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)
I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)
fevmlo wrote:
I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.
I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)
What's the difference? Macys screeens your credit continually. They have a number in the computer on your record. If you call and ask for a CLI and what you ask for (or what they offer you) is at or under that number they give it to you. If you ask for something over that number they will hard INQ and maybe give it to you. They have to do this as you may be shopping in store and need a credit bump at a time when the credit analysts are not available (read: Sunday) and an MR is not possible. At some point in time part of your theoretical CL may be added to your actual CL and you would view that as an auto-CLI. With Macys there is no harm in asking - every six months - but not more often!
In my case I wanted a CLI for CBR/scoring purposes as I was app'ing for other credit. I called Macys and asked what they could do for me w/o a hard INQ. CSA asked what did I have in mind? I suggested $2K (i think). He looked in his computer and said I could have $3.1K. I said make it $3K (a nice round number) and it was instantly done. When would any of that have shown up as an auto-CLI? Who knows, but I am sure it would have eventually. Some of us want/need eventually to be today.
@jmbfl wrote:
@Anonymous wrote:
I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.
I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)What's the difference? Macys screeens your credit continually. They have a number in the computer on your record. If you call and ask for a CLI and what you ask for (or what they offer you) is at or under that number they give it to you. If you ask for something over that number they will hard INQ and maybe give it to you. They have to do this as you may be shopping in store and need a credit bump at a time when the credit analysts are not available (read: Sunday) and an MR is not possible. At some point in time part of your theoretical CL may be added to your actual CL and you would view that as an auto-CLI. With Macys there is no harm in asking - every six months - but not more often!In my case I wanted a CLI for CBR/scoring purposes as I was app'ing for other credit. I called Macys and asked what they could do for me w/o a hard INQ. CSA asked what did I have in mind? I suggested $2K (i think). He looked in his computer and said I could have $3.1K. I said make it $3K (a nice round number) and it was instantly done. When would any of that have shown up as an auto-CLI? Who knows, but I am sure it would have eventually. Some of us want/need eventually to be today.
Yeah, I suppose - the number that's in the computer is the number that's in the computer and that's the end of it! I suppose that number increases a bit every 90 days, and then, eventually, you get auto-CLI'd. The auto-CLIs I'm reading about seem pretty big, but that's probably because the people in question hadn't already requested 3 CLIs in the previous 12 months. When I first got my Macy's card (April 2007, $100 limit), I read about how they were great with increasing your credit line, and assumed that would be automatic, It was only months and months later (I forget how many months) that I realized you could actually ASK them. I even asked the CSR whether it would happen automatically and he just said 'oh, you can call up every 90 days to ask for a guideline increase'.
So that's what I've been doing. And you're right - there is no difference, I'm sure (other than that it would be nice to be surprised by an unexpected CLI, but that would involve patience and not requesting them before Macy's gets the chance to do their automatic thing!) - the eventual CL is hardly going to end up lower by asking for it than by sitting back and waiting.
Still... auto CLIs are good! Only one I've had (in this lifetime - ie since moving to the US!) was a whole $100 extra from GE, taking my Banana Republic card from $500 to $600 at the 6 month mark.