When to ask for CLI?

[Anonymous]

When should you ask for a credit limit increase on barclays? Cabelas visa? B of a?

[bichonmom]

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@Anonymous wrote:
When should you ask for a credit limit increase on barclays? Cabelas visa? B of a?

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The general rule of thumb that I've been told by banks/CUs is a minimum of 6 months. Keep in mind most banks will do a HP for a CLI (incl Barclays for sure).

[pizzadude]

I don't think that there is a ever a bad time to ask for a CLI assuming that your account is in good standing.  

Just look at it from the creditor's perspective and give them a reason to increase your limit.....like 6 months of positive age, or 1 year, etc.

And of course be prepared for them to hard pull your CRs, and ask you questions about other accounts, inquiries, balances, etc...

[halos24]

I have the Itunes Barclays and after 6 months they bumped me from $1k to $2k, then 6 months after that they bumped me from $2k to $4k.... I have not asked for a CLI they have just been on target every 6 months with them.

[credithappy]

Replying to:

pwehnert

Established Member

Posts: 35

Registered: 01-08-2012

When to ask for CLI?

02-07-2012 11:46 PM

When should you ask for a credit limit increase on barclays? Cabelas visa? B of a?

 There is no really answer to your question.  I could ask for a CLI when you know your credit is the way you want it to be. Only you know when you ar ready.

[#6]

When should you ask for a credit limit increase on barclays? Cabelas visa? B of a?

[Wolf3]

When your utilization is at its lowest for better score.