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Super Contributor
enharu
Posts: 6,889
Registered: ‎02-27-2013
0

Re: Nordstrom CLI Policy


09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Moderator
09Lexie
Posts: 25,309
Registered: ‎09-13-2012
0

Re: Nordstrom CLI Policy

They can be but you are an exception :smileywink:

If you are considering an auto loan, wait til April.
Valued Contributor
FinStar
Posts: 5,319
Registered: ‎10-21-2012
0

Re: Nordstrom CLI Policy


enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.

Super Contributor
enharu
Posts: 6,889
Registered: ‎02-27-2013
0

Re: Nordstrom CLI Policy


FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


as to proof of income, I assume bank statements will suffice? Or they require tax docs? if its the latter then I definitely should wait.

I used to shop mostly at saks, neiman marcus and bloomingdales, but saks policies have of late isn't really online shopping "friendly", so I've been shopping at nordstrom more often as of late.

 

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
FinStar
Posts: 5,319
Registered: ‎10-21-2012
0

Re: Nordstrom CLI Policy


enharu wrote:

FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


as to proof of income, I assume bank statements will suffice? Or they require tax docs? if its the latter then I definitely should wait.

I used to shop mostly at saks, neiman marcus and bloomingdales, but saks policies have of late isn't really online shopping "friendly", so I've been shopping at nordstrom more often as of late.

 


I'm not sure of what POI they would require since I haven't tested those waters yet.  But I would imagine since you're a high roller then this would be no issue!

 

I would concur with your statement about Saks - the store seems to be somewhat flexible to some degree (just haven't found much lately) but online is just *ok* - I haven't used my Saks WEMC with them in a few months.  Now, the ones that do get some frequent workouts are my Nordies Visa and Bloomies AMEX, then Nieman's every other couple months - depending on what they have going on.

Frequent Contributor
manyquestions
Posts: 292
Registered: ‎10-20-2008
0

Re: Nordstrom CLI Policy


FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


What is considered a "great history and spend pattern with them?"  Spend in store vs. non-Nordstrom spend?  Just curious as to what will trigger an auto increase.

Moderator
09Lexie
Posts: 25,309
Registered: ‎09-13-2012
0

Re: Nordstrom CLI Policy


manyquestions wrote:

FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


What is considered a "great history and spend pattern with them?"  Spend in store vs. non-Nordstrom spend?  Just curious as to what will trigger an auto increase.


I've only had my cc for a year.  In that time each CLI was at least $2500 dollars.  Im not sure it would be considered heavy usage by their standards but I used the card at least 3-4 x a month. 

Frequent Contributor
manyquestions
Posts: 292
Registered: ‎10-20-2008
0

Re: Nordstrom CLI Policy


09Lexie wrote:

manyquestions wrote:

FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


What is considered a "great history and spend pattern with them?"  Spend in store vs. non-Nordstrom spend?  Just curious as to what will trigger an auto increase.


I've only had my cc for a year.  In that time each CLI was at least $2500 dollars.  Im not sure it would be considered heavy usage by their standards but I used the card at least 3-4 x a month. 


3-4x a month in a Nordstrom store, or anywhere?  The reason I ask is because I don't have much for Nordstrom store purchases, maybe 5 or 6 per year so I was thinking that might be why I don't get any auto CLI.

Moderator
09Lexie
Posts: 25,309
Registered: ‎09-13-2012
0

Re: Nordstrom CLI Policy


manyquestions wrote:

09Lexie wrote:

manyquestions wrote:

FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


What is considered a "great history and spend pattern with them?"  Spend in store vs. non-Nordstrom spend?  Just curious as to what will trigger an auto increase.


I've only had my cc for a year.  In that time each CLI was at least $2500 dollars.  Im not sure it would be considered heavy usage by their standards but I used the card at least 3-4 x a month. 


3-4x a month in a Nordstrom store, or anywhere?  The reason I ask is because I don't have much for Nordstrom store purchases, maybe 5 or 6 per year so I was thinking that might be why I don't get any auto CLI.


I do not use my Visa outside of Nordstrom, the APR is higher and I have other cc's for outside purchases with better rewards. 

Valued Contributor
FinStar
Posts: 5,319
Registered: ‎10-21-2012
0

Re: Nordstrom CLI Policy


09Lexie wrote:

manyquestions wrote:

09Lexie wrote:

manyquestions wrote:

FinStar wrote:

enharu wrote:

09Lexie wrote:
@emharu

Anything less than $10k would be a surprise.

Of course, I would advocate waiting for the best possible terms.

yea I know I should wait. 10 new accounts so far this year and I might be getting an auto loan in December....

Isn't Nordstrom pretty conservative? I had the impression that getting approved for anything >5k CL by Nordstrom is an achievement.

 


IMO, somewhat conservative yet generous once you are "in" and have a great history and spend pattern with them.  They have awesome C/S.  I got approved in-store during June 2010 for their Visa Signature ($8K), it has received a few auto-CLIs since then and the last one put me at $14.5K.  AFAIK, if you are below the $15K threshold and request a CLI that puts you above that, they may request POI/financial docs (unless they auto-CLI above that).  So, you can likely request up to $14.9K without POI.  Otherwise, the sky is the limit with them.


What is considered a "great history and spend pattern with them?"  Spend in store vs. non-Nordstrom spend?  Just curious as to what will trigger an auto increase.


I've only had my cc for a year.  In that time each CLI was at least $2500 dollars.  Im not sure it would be considered heavy usage by their standards but I used the card at least 3-4 x a month. 


3-4x a month in a Nordstrom store, or anywhere?  The reason I ask is because I don't have much for Nordstrom store purchases, maybe 5 or 6 per year so I was thinking that might be why I don't get any auto CLI.


I do not use my Visa outside of Nordstrom, the APR is higher and I have other cc's for outside purchases with better rewards. 


The spend patterns can vary.  IME, a moderate to heavy mix of both in-store purchases and outside of Nordstrom has worked for me with auto-CLIs.  I've had my Visa accunt with them for years.


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