Credit Cards Center Credit cards from our partners
Reply
Contributor
Posts: 107
Registered: ‎03-13-2013
0

Re: Threatening CC company for CLI

about a year ago i threatened to close my capone card unless a got a CLI from my measly 300CL the CSR was more than happy to close my account till I had to say "wait!!" and stop him as it was my oldest card by far. Didnt work for me but hope there are some other funny stories out there.....fast forward a year and that cards limit was increased to 3.5k and the APR dropped to 10.5, so it all worked out, but almost a big mistake!


$4000----------- $5000------------$15000-------------$3500-------------NPSL----------$2500------------$5000----------$10000--------$5000
Contributor
Posts: 107
Registered: ‎03-13-2013
0

Re: Threatening CC company for CLI


Open123 wrote:

This would work if your tagged as a highl profitable customers, but would otherwise result in an instant account closure.  Never threaten unless you stand prepared to follow through.

 

Nothing more pathetic than "the boy who cried wolf" syndrome.


I agree however im hoping people have some entertaining stories of this


$4000----------- $5000------------$15000-------------$3500-------------NPSL----------$2500------------$5000----------$10000--------$5000
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Threatening CC company for CLI

[ Edited ]

Open123 wrote:

This would work if your tagged as a highl profitable customers, but would otherwise result in an instant account closure.  Never threaten unless you stand prepared to follow through.

 

Nothing more pathetic than "the boy who cried wolf" syndrome.


+1.

This strategy can possibly work if you also happen to have other accounts tied in as well with the same lender.

For example you are a Citigold client with Citi, or a CPC with Chase, and want a CLI or something reasonable done. Due to your private banking relationship and/or account balances, they might be possibly a lot more accomodating than they would normally just to retain you as a client. Certain forum members, including bibro (hopefully he can elaborate more on this) had used his JPMorgan banking relationship to help with his approval odds during recon calls with Chase. It's common business practice. They're not going to give up on a forest just because of a tree. And if you were indeed a valued client, I doubt you even have to really "threaten" them at all. A brief mention should get things going in the right direction assuming the request itself is reasonable.

 

 

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).
Contributor
Posts: 107
Registered: ‎03-13-2013
0

Re: Threatening CC company for CLI


enharu wrote:

Open123 wrote:

This would work if your tagged as a highl profitable customers, but would otherwise result in an instant account closure.  Never threaten unless you stand prepared to follow through.

 

Nothing more pathetic than "the boy who cried wolf" syndrome.


+1.

This strategy can possibly work if you also happen to have other accounts tied in as well with the same lender.

For example you are a Citigold client with Citi, or a CPC with Chase, and want a CLI or something reasonable done. Due to your private banking relationship and/or account balances, they might be possibly a lot more accomodating than they would normally just to retain you as a client. Certain forum members, including bibro (hopefully he can elaborate more on this) had used his JPMorgan banking relationship to help with his approval odds during recon calls with Chase. It's common business practice. They're not going to give up on a forest just because of a tree.

 

 


+1 

Has anyone actually moved substantial assets from a bank because of lack of approval or request for a CC?? Must be people who do all there banking with a company then get denied a CC from that bank and then switch banks out of spite


$4000----------- $5000------------$15000-------------$3500-------------NPSL----------$2500------------$5000----------$10000--------$5000
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Threatening CC company for CLI


pats23 wrote:

+1 

Has anyone actually moved substantial assets from a bank because of lack of approval or request for a CC?? Must be people who do all there banking with a company then get denied a CC from that bank and then switch banks out of spite


Some people do indeed do this out of spite. A lot people just want everything to be done under 1 roof for convenience, which is why megabanks are thriving so well. This is the reason why a lot of people continue to use their WF credit cards despite the terrible rewards structure. They happen to have a mortage with them, and along the way they just added other banking products for convenience. There are perks for doing everything under 1 roof. You usually have some sort of priority over other clients, and payments are usually posted right away as well.

 

 

 

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).
Established Contributor
Posts: 657
Registered: ‎06-27-2012
0

Re: Threatening CC company for CLI

+2, and honestly most lenders are willing to give the CLI with the exception of Discover and Cap One. Personally, pulling a temper tantrum for a CLI seems childish.

BOA: 8.9k
CSP: 5k
Discover: 5k
Citi TY Preferd: 5k
Wally: 5k
JCP: 4.9k
citiForward: 4.7k
ChaseFreedom: 4.5k
DFS: 2k
Super Contributor
Posts: 13,649
Registered: ‎04-22-2013
0

Re: Threatening CC company for CLI


migliogiorni wrote:

+2, and honestly most lenders are willing to give the CLI with the exception of Discover and Cap One. Personally, pulling a temper tantrum for a CLI seems childish.


Most lenders give CLIs when the requestor fits their criteria for so doing.   Problem is a lot of people decide that they deserve a CLI, and post here, demand it for a CSR, contact the EO etc.   These are the ones most likely to threaten and get closed, basically is it up to the bank to decide if you qualify for a CLI, not you...

 

Which in no way implies that I am exempt from this behaviour!

Contributor
Posts: 107
Registered: ‎03-13-2013
0

Re: Threatening CC company for CLI


longtimelurker wrote:

migliogiorni wrote:

+2, and honestly most lenders are willing to give the CLI with the exception of Discover and Cap One. Personally, pulling a temper tantrum for a CLI seems childish.


Most lenders give CLIs when the requestor fits their criteria for so doing.   Problem is a lot of people decide that they deserve a CLI, and post here, demand it for a CSR, contact the EO etc.   These are the ones most likely to threaten and get closed, basically is it up to the bank to decide if you qualify for a CLI, not you...

 

Which in no way implies that I am exempt from this behaviour!


I feel like everyone is on me saying that would be childish dont do that!!! Only reason I started this thread is because I have never seen it before and wanted some new conversation on here to look at!! I was hoping people would have some awesome entertaining stories to tell but everyone put the Kibosh on that by saying don't cry wolf etc!! I wanted awesome temper tantrum stories to read about.


$4000----------- $5000------------$15000-------------$3500-------------NPSL----------$2500------------$5000----------$10000--------$5000
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Threatening CC company for CLI


pats23 wrote:

longtimelurker wrote:

migliogiorni wrote:

+2, and honestly most lenders are willing to give the CLI with the exception of Discover and Cap One. Personally, pulling a temper tantrum for a CLI seems childish.


Most lenders give CLIs when the requestor fits their criteria for so doing.   Problem is a lot of people decide that they deserve a CLI, and post here, demand it for a CSR, contact the EO etc.   These are the ones most likely to threaten and get closed, basically is it up to the bank to decide if you qualify for a CLI, not you...

 

Which in no way implies that I am exempt from this behaviour!


I feel like everyone is on me saying that would be childish dont do that!!! Only reason I started this thread is because I have never seen it before and wanted some new conversation on here to look at!! I was hoping people would have some awesome entertaining stories to tell but everyone put the Kibosh on that by saying don't cry wolf etc!! I wanted awesome temper tantrum stories to read about.


The problem is throwing tantrums like this rarely ever works.

It's pretty much equivalent to some random guy crying in Best Buy because they refused to discount the TV by 50%.

Imagine yourself as the phone CSR rep as well with this random idiot throwing a fit at you for no reason. What would you typically respond with? 

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).
Contributor
Posts: 107
Registered: ‎03-13-2013
0

Re: Threatening CC company for CLI


enharu wrote:

pats23 wrote:

longtimelurker wrote:

migliogiorni wrote:

+2, and honestly most lenders are willing to give the CLI with the exception of Discover and Cap One. Personally, pulling a temper tantrum for a CLI seems childish.


Most lenders give CLIs when the requestor fits their criteria for so doing.   Problem is a lot of people decide that they deserve a CLI, and post here, demand it for a CSR, contact the EO etc.   These are the ones most likely to threaten and get closed, basically is it up to the bank to decide if you qualify for a CLI, not you...

 

Which in no way implies that I am exempt from this behaviour!


I feel like everyone is on me saying that would be childish dont do that!!! Only reason I started this thread is because I have never seen it before and wanted some new conversation on here to look at!! I was hoping people would have some awesome entertaining stories to tell but everyone put the Kibosh on that by saying don't cry wolf etc!! I wanted awesome temper tantrum stories to read about.


The problem is throwing tantrums like this rarely ever works.

It's pretty much equivalent to some random guy crying in Best Buy because they refused to discount the TV by 50%.

Imagine yourself as the phone CSR rep as well with this random idiot throwing a fit at you for no reason. What would you typically respond with? 


I 100% agree just a topic I though would be good for discussion


$4000----------- $5000------------$15000-------------$3500-------------NPSL----------$2500------------$5000----------$10000--------$5000

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.