topic Re: Barclay's usage results in a healthy auto-CLI! in Credit Card Approvals

Barclay's usage results in a healthy auto-CLI!

masscredit — Fri, 25 Apr 2014 04:04:01 GMT

I mentioned in one of the other threads that I was expecting an auto-CLI from Barclay's anyday now. Well... that day was today! Just logged into my account for the forth or fift time today (not that I keep track of them or anything) and saw that my CL had jumped up by $3000. Went from $5500. to $8500. I usually put $500. - $2000. on it most months and I've used the balance transfer checks once in awhile. I also make multiple payments each month. This month totalled close to $3k. I guess they do reward heavy usage. My increase history with them is -

Opened account - 8/20/12 - $1300. (reconned to $2000). - 5/2/13 - $3700. (auto-CLI) - 10/24/13 - $5500. (auto-CLI) - 4/24/14 - $8500.(auto-CLI)

The first increase was after 9 months, next one was after 5 months and then 6 months after that.

If anyone has a long history with them, should this keep going or will the auto-increases stop at some point?

Oh, and I was hoping to get to $7500. with this increase. Made my night!

Re: Barclay's usage results in a healthy auto-CLI!

yudeology101 — Fri, 25 Apr 2014 04:10:37 GMT

WTG very nicel! Congrats on your CLI, that's a great bump. You may want to put this info on MJ's active Barclays thread for data points:

http://ficoforums.myfico.com/t5/Credit-Cards/Barclay-CC-let-s-put-our-heads-together/m-p/2297693/highlight/true#M646150

Re: Barclay's usage results in a healthy auto-CLI!

Anonymous — Fri, 25 Apr 2014 05:18:20 GMT

Congrats!

Re: Barclay's usage results in a healthy auto-CLI!

sdwalt — Fri, 25 Apr 2014 10:37:14 GMT

Nice job, I use the reward Mastercard all the time, so we will see if I do as well as you have next month when my first six months is up.

Re: Barclay's usage results in a healthy auto-CLI!

coldnmn — Fri, 25 Apr 2014 09:41:45 GMT

Congrats! Thanks for sharing.

Re: Barclay's usage results in a healthy auto-CLI!

alvon123 — Fri, 25 Apr 2014 10:33:47 GMT

congrats

Re: Barclay's usage results in a healthy auto-CLI!

changingmantra2 — Fri, 25 Apr 2014 11:25:18 GMT

@masscredit wrote:
I mentioned in one of the other threads that I was expecting an auto-CLI from Barclay's anyday now. Well... that day was today! Just logged into my account for the forth or fift time today (not that I keep track of them or anything) and saw that my CL had jumped up by $3000. Went from $5500. to $8500. I usually put $500. - $2000. on it most months and I've used the balance transfer checks once in awhile. I also make multiple payments each month. This month totalled close to $3k. I guess they do reward heavy usage. My increase history with them is -

Opened account - 8/20/12 - $1300. (reconned to $2000). - 5/2/13 - $3700. (auto-CLI) - 10/24/13 - $5500. (auto-CLI) - 4/24/14 - $8500.(auto-CLI)

The first increase was after 9 months, next one was after 5 months and then 6 months after that.

If anyone has a long history with them, should this keep going or will the auto-increases stop at some point?

Oh, and I was hoping to get to $7500. with this increase. Made my night!

Congratulations - My history is not very long - just over two years - I have received an auto CLI on my cards every 6 months thus far.

Re: Barclay's usage results in a healthy auto-CLI!

DrZoidberg — Fri, 25 Apr 2014 12:12:36 GMT

With that kind of usage you should think about PCing to a rewards card.

Re: Barclay's usage results in a healthy auto-CLI!

masscredit — Fri, 25 Apr 2014 13:59:16 GMT

@DrZoiberg wrote:
With that kind of usage you should think about PCing to a rewards card.

I have a pile of "pre-selected" Rewards Card applications from Barclay's. I've been receiving one every week or two lately. Thinking about taking them up on their offer to see what I get. I read something about them matching credit lines if a person has another one of their cards. Don't know if that is the case all of the time.

Re: Barclay's usage results in a healthy auto-CLI!

BigBS — Fri, 25 Apr 2014 14:12:14 GMT

Congrats on the CLI!

Re: Barclay's usage results in a healthy auto-CLI!

TatorTodd — Fri, 25 Apr 2014 14:41:09 GMT

EDIT: for some reason i cannot get this message to be the reply, it gets merged into masscredit's post

I know my initial credit limit(4k) was a bit lower than my main card (11k) at the time of applying, and called them when i received it in the mail and asked them to match my USAA Amex, and they counter offered with 10k. Though its not a card from barclay, they will surely match closely to your key palyer cards you currently use

masscredit wrote:

I have a pile of "pre-selected" Rewards Card applications from Barclay's. I've been receiving one every week or two lately. Thinking about taking them up on their offer to see what I get. I read something about them matching credit lines if a person has another one of their cards. Don't know if that is the case all of the time.

Re: Barclay's usage results in a healthy auto-CLI!

MsLadyRover — Fri, 25 Apr 2014 18:23:40 GMT

Congrats!

Re: Barclay's usage results in a healthy auto-CLI!

creditFiend — Fri, 25 Apr 2014 18:27:57 GMT

Thanks for posting!
Congrats!

Re: Barclay's usage results in a healthy auto-CLI!

SpaceInvader — Fri, 25 Apr 2014 19:00:01 GMT

Congrats!! I also got a CLI from them earlier this year. I was at 500 and they jumped me to 1500. I am hoping next time around they take me to 3k

Re: Barclay's usage results in a healthy auto-CLI!

knoregs — Fri, 25 Apr 2014 19:14:18 GMT

Congrats!

~kn

Re: Barclay's usage results in a healthy auto-CLI!

ethan17debttackler — Fri, 25 Apr 2014 19:24:19 GMT

OP, Congrats on CLI, and thanks for sharing!! It's great to hear they do auto CLIs because I am hoping for the same (just opened MC Rewards 3-4 months ago) in a couple of months....

Re: Barclay's usage results in a healthy auto-CLI!

gdale6 — Fri, 25 Apr 2014 19:49:27 GMT

Nice, congrats

Re: Barclay's usage results in a healthy auto-CLI!

MovinOnUp2014 — Sat, 26 Apr 2014 21:00:25 GMT

Congrats!! Looking forward to that kind of success as well...Two months in with that card and that card is getting a work out...lol

Re: Barclay's usage results in a healthy auto-CLI!

-Wade- — Sun, 27 Apr 2014 04:02:42 GMT

@masscredit wrote:
I mentioned in one of the other threads that I was expecting an auto-CLI from Barclay's anyday now. Well... that day was today! Just logged into my account for the forth or fift time today (not that I keep track of them or anything) and saw that my CL had jumped up by $3000. Went from $5500. to $8500. I usually put $500. - $2000. on it most months and I've used the balance transfer checks once in awhile. I also make multiple payments each month. This month totalled close to $3k. I guess they do reward heavy usage. My increase history with them is -

Opened account - 8/20/12 - $1300. (reconned to $2000). - 5/2/13 - $3700. (auto-CLI) - 10/24/13 - $5500. (auto-CLI) - 4/24/14 - $8500.(auto-CLI)

The first increase was after 9 months, next one was after 5 months and then 6 months after that.

If anyone has a long history with them, should this keep going or will the auto-increases stop at some point?

Oh, and I was hoping to get to $7500. with this increase. Made my night!

Congrats on your CLI

Re: Barclay's usage results in a healthy auto-CLI!

AQ — Mon, 22 Sep 2014 16:57:06 GMT

I am not a long-time user, but for anyone else reading this, my limited experience has been similar. They have been generous in my short history witih them.

Ch 7 BK Discharged in 11/12. Started trying to rebuild credit immediately--secured loan, secured CC. Barclay was my first unsecured CC offer that didn't come with nasty fees. I opened about a year ago, with a CL of $1000, which was double my secured CC with my credit union. 6 months later, auto CLI to $3000. I had a high balance just recently, due to using one of their BT checks to pay down a tax debt (that I still have a judgment for). I paid my balance off in hopes it might boost my chances of a CLI or a bigger CLI. I don't know if it helped, but just this week I received a CLI to $6000. For my situation, that's great! My credit score is still hurting, due to that judgement from an unpaid tax lien. My scores are actually lower now, by a little bit, than they were when I was pre-selected by Barclay. My TU is probably in the low 640s and my EQ maybe low 650s. They haven't been out of the 660s at all since BK. I also have a low income, and I have been an undegraduate and now graduate student for the last several years, so this has been a wonderful little boost, considering my income, so-so credit score, fairly recent BK, and having low CL on my other CCs.

Like the OP, I tend to charge a lot to my Barclay card and almost always pay in full each month. The only time I carried a balance was when I used the BT checks at 2/3 my CL. So, either they just give good, automatic CLI or they do so for people who charge a lot each month, regardless of their carrying a balance or not.