topic Re: HSBC CLI (So, apparently they do give CLI..LOL) in Credit Card Approvals

HSBC CLI (So, apparently they do give CLI..LOL)

fltireguy — Sun, 20 May 2018 14:00:32 GMT

Feeling bored this morning.. so I ended up playing with my HSBC CC account online. Never even used the crappy rewards card that I have! One reason is that it seemed so difficult to make a payment, I just didn’t even want to bother with it! The other reason is its crappy $1500 SL that it had. Somehow I managed to find how to request a CLI! SP CLI went from $1500 to $2500.Meh. I’ll take it just because...LOL

Oh well. Figured out how to add a bank account so I can make a payment too!

Datapoints: Card opened 10/2017. Never even used once, period.

No AF, so n point closing it. I’ll have to try to figure out the CLI schedule on this card.. maybe I can get it to $10K in 5 years or so

Re: HSBC CLI (So, apparently they do give CLI..LOL)

patoot10 — Sun, 20 May 2018 15:51:18 GMT

Congrats.

You sure it was SP though ?

The website states that they may pull a report and I think they pull EQ and soft EX

Thanks,

Re: HSBC CLI (So, apparently they do give CLI..LOL)

fltireguy — Sun, 20 May 2018 16:06:10 GMT

They were on ice.. had to be SP

Re: HSBC CLI (So, apparently they do give CLI..LOL)

patoot10 — Sun, 20 May 2018 16:11:09 GMT

Thanks for responding but still that doesn't detemine for sure whether the bank attempts a HP first and if unable, uses the information on file instead to determine eligibelity.

I haven't found a single data points on HSBC CLI except with frozen reports.

Re: HSBC CLI (So, apparently they do give CLI..LOL)

JSS3 — Sun, 20 May 2018 17:33:05 GMT

I opened my HSBC card Nov 2017. My first card with them. Applied for an increase April 2018. They pulled my Equifax. Denied. Cited length of time card has been open is less than 1 yr.

I called in to do the request. I did not do it online.

Re: HSBC CLI (So, apparently they do give CLI..LOL)

AverageJoesCredit — Sun, 20 May 2018 18:26:24 GMT

Congrats, an increase is an increase

Re: HSBC CLI (So, apparently they do give CLI..LOL)

Anonymous — Sun, 20 May 2018 20:29:07 GMT

fltireguy ... grats on your CLI and setting up bank linkages for payment! Nothing more frustrating than having to fool around with an inept web site. As an aside, I had an HSBC Cash Rewards Platinum MasterCard $7.5 CL with 13.9% variable and an HSBC American Express Card $10K CL with 7.9% fixed Apr. HSBC was great to work with for me and my credit was weak at best. CLIs grew to the ones I showed fairly quickly. Unfortunately, they dumped me to Cap1 and I closed them out (no Cap1 here). Hope you can live long enough to reach $10K CL and a decent Apr

Re: HSBC CLI (So, apparently they do give CLI..LOL)

Benzman — Sun, 20 May 2018 21:08:32 GMT

I too have been unhappy with my sub par limits and pondering cli requests on both my cards. Being I take most CSR replies like a grain of salt, I asked via chat three times, different days/hours, and was told a cli request WILL result in a hard pull.

Whether true or not, not worth a hard pull to me. If i'm doing a hard pull, I want it to be worth my while with a decent bank.

Re: HSBC CLI (So, apparently they do give CLI..LOL)

DaveInAZ — Sun, 20 May 2018 23:51:56 GMT

@Benzman wrote:
I too have been unhappy with my sub par limits and pondering cli requests on both my cards. Being I take most CSR replies like a grain of salt, I asked via chat three times, different days/hours, and was told a cli request WILL result in a hard pull.

Whether true or not, not worth a hard pull to me. If i'm doing a hard pull, I want it to be worth my while with a decent bank.

I got my Rewards MC in Nov. with only a $2500 CL. I waited until the 4th statement cut and requested a CLI online, it was a HP on EQ. Letter came 2 weeks or so later, citing just my BK, which was in 2010 and on my report when they approved me for the card! Mine came with a $150 SUB and 2% rewards for the first 6 months, so I used it. You can redeem rewards as statement credit only in $25 increments, after cashing out my SUB I reached $25 in rewards in April and cashed out and sock drawered it. I'll call and close it one of these days, I'd rather have a Closed by Consumer than Credit Granter.

Their website is atrocious, as it their whole security & approval process. I'm fond of bank account SUBs and they currently have a $200 SUB for only $1500 deposit & no direct deposit requirement, but not worth it to go through their security & approval process and deal with their website again for me.