topic Re: Wells Propel Approval in Credit Card Approvals

Wells Propel Approval

Anonymous — Thu, 07 Nov 2019 17:14:13 GMT

Hi all,

Back on October 30 I was approved for a Wells Fargo Propel with a 2,500.00 SL. Planning to use this as my main card, so SL is a little low but willing to let it grow. Scores are all in 760-780 range, all cards in my signature. I'm excited to have this card as it covers probably 80% of my spend.

Two questions for people who have Wells:
1.) When do Go Far Rewards post typically? Is it upon paying statement or some other time?
2.) What's a good tactic for increasing the credit limit on this? I always pay on time and will probably need to pay this down one to two times a month before the statement cuts. How long should I wait before asking for a CLI? Do they do auto CLIs?

Thanks for your replies in advanced.

Re: Wells Propel Approval

AllZero — Thu, 07 Nov 2019 17:17:13 GMT

Congratulations on your approval!

Re: Wells Propel Approval

randomguy1 — Thu, 07 Nov 2019 17:24:10 GMT

congrats on the nice approval.

Re: Wells Propel Approval

5KRunner — Thu, 07 Nov 2019 18:44:06 GMT

Congratulations! I was just approved for this card and it fits into my spending patterns rather nicely. Enjoy it!

Re: Wells Propel Approval

BoothGremlin — Thu, 07 Nov 2019 20:29:22 GMT

Congrats! I also just got this card with the same SL lol. Planning to call recon when it comes in the mail and see if I can get a higher SL.

Interested in the same Qs as well.

Anyway, nice approval!

Re: Wells Propel Approval

JR_TX — Thu, 07 Nov 2019 22:48:53 GMT

Congrats and welcome to the Propel Family!!

1.) When do Go Far Rewards post typically? Is it upon paying statement or some other time?

Rewards earned are posted in the succeeding statement which covers that period.

2.) What's a good tactic for increasing the credit limit on this? I always pay on time and will probably need to pay this down one to two times a month before the statement cuts. How long should I wait before asking for a CLI? Do they do auto CLIs?

CLIs are now SP via phone call to CSR and they will ask your permission for a HP if they can't grant you SP one. YMMV but 6 months to a year will be the optimal time frame to ask for one. They occasionally hand out auto CLI but rarely per DPs shared here.

Re: Wells Propel Approval

M_Smart007 — Fri, 08 Nov 2019 00:23:53 GMT

Congrats on The Propel!! ..I should use mine more ..too many cards.

Re: Wells Propel Approval

M_Smart007 — Fri, 08 Nov 2019 00:26:02 GMT

@BoothGremlin wrote:
Congrats! I also just got this card with the same SL lol. Planning to call recon when it comes in the mail and see if I can get a higher SL.

Interested in the same Qs as well.

Anyway, nice approval!

Let us know how the recon goes? .. WF is VERY conservative!

Re: Wells Propel Approval

19eighty5 — Sun, 10 Nov 2019 04:52:56 GMT

Congratulations!

Re: Wells Propel Approval

newgirlintown — Sun, 10 Nov 2019 05:25:40 GMT

Congratulations on your approval!

Re: Wells Propel Approval

NoMoreE46 — Sun, 10 Nov 2019 05:59:43 GMT

@Anonymous wrote:
Hi all,

2.) What's a good tactic for increasing the credit limit on this? I always pay on time and will probably need to pay this down one to two times a month before the statement cuts. How long should I wait before asking for a CLI? Do they do auto CLIs?

Congrats.
I got an automatic increase of $500 in June 2019. I opened the card August 2018 with a $9500 limit.

Re: Wells Propel Approval

arenglish — Mon, 11 Nov 2019 16:10:25 GMT

Congrats on your approval! Yup, a call is the only way I've seen to get a CLI. I did about a year in and it was a SP with an increase of <2K. I had just increased my CSP to a CSR so I didn't feel like another inquiry. Best of luck to you! I've had the card and it treats me well. Points post with the statement.

Cheers!