What is Barclay's CLI policy

sjt · ‎01-26-2017

Does anyone know what Barclay's CLI policy is? Do they auto CLI after a certain period? When can you request a CLI and is it a SP or HP?

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Anonymous · ‎01-26-2017

They are generous with auto increases IF you have small amount of unused credit cards, and you are using Barclays exclusively. Think jealous girlfriend.

The way to get a soft pull up increase is to call it and ask about other features i.e. APR drop or ask if a balance transfer offer is live. while you have them on the phone see if theres permission for an increase without a hard pull. Initiate CLIs from the website most likely be a hard pull. Asking about balance transfer seems to be a good angle so you have more room as that is actually honest

Anonymous · ‎01-26-2017

The best way to get a CLI without a HP, is to call and see if there are any offers for an APR reduction. If there is, the ask if there are any offers for an increase. If so, no HP 😁

I received both at 6 months.

grillandwinemaster · ‎01-26-2017

The best way to get a CLI is to close your Barclays and open a Discover account!😝

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Anonymous · ‎01-26-2017

@grillandwinemaster wrote:
The best way to get a CLI is to close your Barclays and open a Discover account!😝

Lol! Unless, of course, you're on the Disco slow train like me!

Anonymous · ‎01-26-2017

@Justagirl73 wrote:
The best way to get a CLI without a HP, is to call and see if there are any offers for an APR reduction. If there is, the ask if there are any offers for an increase. If so, no HP 😁
I received both at 6 months.

+1 me too, but at 5 months. 4 point APR reduction and $1000 CLI. The rep offered me the CLI, I didn't even have to ask. Good luck, OP!

oldman425 · ‎01-26-2017

I'm thinking about closing my Barclay card. I have plenty of other cards and I don't really need it.

12/27/16 - Eq683 TU666 Ex681 04/05/17 Eq742 TU763 Ex757

Anonymous · ‎01-26-2017

A Barclays CLI is dependent on you having no other cards with any other bank. They'll throw you a bone once a year in the form of $500 if you pay in full every month on your $1,500 card. They'll soft pull you 300 days in that 365 day period. If you purchase more than a case of water at CVS they will CLD you to $10. GTH Barclays.

Anonymous · ‎01-27-2017

@sjt wrote:
Does anyone know what Barclay's CLI policy is? Do they auto CLI after a certain period? When can you request a CLI and is it a SP or HP?

@sjt - Barclay gets a bad rap, some of it warranted some of it not so much. Here's the nuts and bolts.

Option 1: wait for SP auto increase, there doesn't appear to be much of a pattern however. Some people get them with little use others with lots of swipes and paying in full.

Option 2: Every 6 months call customer service and ask "Are there any offers to lower my interest rate?" in most cases you will be transferred to a "Specialist" who will lower the purchase rate usually 1-3 points. Some times you need to ask this "Specialist" if you qualify for a "Soft Pull Credit Line Increase" other times they may just offer it right away. SP CLI's are pretty decent (most of the time).

Option 3: You can request a CLI online or over the phone. This will be a HP on TU. There is a waiting period between CLI requests. If you accept a SP increase from a specialist, then try to request a regualr HP CLI within 30 days, the HP CLI will be an instant decline with no HP taking place. However a specialist can overturn this and process the HP CLI request manually if you call in. If you request a HP CLI the waiting period can be anywhere from 30 to 180 days before you can request another HP CLI. Here are a couple of posts about my Barclay journey so far.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/BARCLAY-ARRIVAL-SP-CLI-RATE-REDUCTION/m-p/4756...

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Big-Barclay-CLI-Approved/m-p/4779740

Chris679 · ‎01-27-2017

@Anonymous wrote:
@Justagirl73 wrote:
The best way to get a CLI without a HP, is to call and see if there are any offers for an APR reduction. If there is, the ask if there are any offers for an increase. If so, no HP 😁
I received both at 6 months.
+1 me too, but at 5 months. 4 point APR reduction and $1000 CLI. The rep offered me the CLI, I didn't even have to ask. Good luck, OP!

+2 on this. They dropped the APR to 10.24% and the nice old lady asked if I wanted a CLI as well. Bumped from $10,000 to $14,000. Don't recall if I tried again after that or not.