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Regular Contributor
charyot77
Posts: 237
Registered: ‎06-21-2010
0

Which banks or card issuers are the best at giving credit limit increases?

Which banks would you guys say are the best at giving CLIs?

 

I know that Navy Federal gives great credit limits and increases, but who else is known to be generous with their clis?

 

Also, please excuse my overruse of "CLI/credit limit increase" - I try to use both terms to make my posts search friendly.

Frequent Contributor
kimmiller112
Posts: 472
Registered: ‎04-09-2012
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Re: Which banks or card issuers are the best at giving credit limit increases?

GE backed cards are good at giving CLIs every 4 months.

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $6000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500
Valued Contributor
Duncanrr
Posts: 2,857
Registered: ‎06-08-2012
0

Re: Which banks or card issuers are the best at giving credit limit increases?

Secured cards are also very good at this.  Im not trying to be funny.  But if I want to up my Cap1 secured card's CL I just make an additional deposit.  Im steadly bumping funds into this and I'll have it at a good CL by time I refi house.  After refi I'll close the secured cards and then in a couple months once I get funds back I'll use it to buy some needed new furniture :smileyhappy:  win/win



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Established Contributor
jcstarkey8826
Posts: 708
Registered: ‎06-01-2012
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Re: Which banks or card issuers are the best at giving credit limit increases?


Duncanrr wrote:

Secured cards are also very good at this.  Im not trying to be funny.  But if I want to up my Cap1 secured card's CL I just make an additional deposit.  Im steadly bumping funds into this and I'll have it at a good CL by time I refi house.  After refi I'll close the secured cards and then in a couple months once I get funds back I'll use it to buy some needed new furniture :smileyhappy:  win/win


I dont know if this will work for you or not, but when I asked about getting my money back off of my secured card, the csa told me that it would take up to 90 days. I didnt care, but her suggestion was quite useful.

 

She said to pay bills, fill my tank, do whatever needed to be paid and save the cash I wouldve spent doing so. That way when I close the card im only waiting on a check for say $10 or so instead of $500. Maybe you could put furniture and other household needs on your card, then call to close it. Hopefully its the same as my pnc card and they dont charge interest because Im closing it and it might benefit you by getting those things when you get your new place.

 

Just wanted to throw that out there as an FYI :smileyhappy:

In my wallet: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL

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