topic Re: US Bank Smith's Mastercard SP CLI #2 in Credit Card Approvals

US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 08:04:55 GMT

Well, today was the day I could ask for a CLI on my Smith's Mastercard. Card was opened with a $1,500 credit limit in March 2019. Last November they doubled it to $3,000. Well, just after midnight my time, I asked for another CLI. Well, success! Doubled again to $6,000.

My total exposure with US Bank has gone from $1,300 in November 2018, to $11,200 now.

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 12:53:19 GMT

Cool -- congrats on your success. Some DPs would be lovely for breakfast -- have you any to share?

Re: US Bank Smith's Mastercard SP CLI #2

bizarrocreditworld — Mon, 01 Jun 2020 13:02:25 GMT

Congratulations on the double-double.

Re: US Bank Smith's Mastercard SP CLI #2

M_Smart007 — Mon, 01 Jun 2020 13:20:47 GMT

@macinjosh Congratulations! ..

Re: US Bank Smith's Mastercard SP CLI #2

gdale6 — Mon, 01 Jun 2020 13:24:34 GMT

Sweet, enjoy the 2x CLI

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 13:43:39 GMT

@Anonymous wrote:
Cool -- congrats on your success. Some DPs would be lovely for breakfast -- have you any to share?

I'm not sure what to share. Seems to be a consistent thing now as long as I keep using the card, the CLI's will keep coming. Both my US Bank cards have doubled their limits twice each CLI.

My scores have tanked the last few months because my overall util is hovering around 20% (I spent too much). And now I have 4 or 5 cards close to 68.9% because of BT's.

Re: US Bank Smith's Mastercard SP CLI #2

AllZero — Mon, 01 Jun 2020 15:35:29 GMT

Congratulations on your CLI!

Re: US Bank Smith's Mastercard SP CLI #2

nuohlac — Mon, 01 Jun 2020 16:30:08 GMT

Congratulations on your CLI!!! Thanks for the DP's. Even with lowered scores the consistency of payment has possibly worked in your favor.

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 17:24:52 GMT

@nuohlac wrote:
Congratulations on your CLI!!! Thanks for the DP's. Even with lowered scores the consistency of payment has possibly worked in your favor.

That may be possible. Plus I also have a checking account with US Bank that is my primary checking.

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 17:58:22 GMT

@macinjosh Super Congrats on your US Bank CLI to $6,000!!!

Re: US Bank Smith's Mastercard SP CLI #2

UH_HUH — Mon, 01 Jun 2020 18:04:14 GMT

WTG on getting that CLI!!! I was happy for

ya just reading it...and I didn't know what

a Smiths MC was ;-) Great job expaning

your credit lines,didn't read all the posts

but hope you gave @Anonymous the DP's

Thanks for sharing your story,

Cheers

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 19:23:36 GMT

@UH_HUH wrote:
WTG on getting that CLI!!! I was happy for
ya just reading it...and I didn't know what
a Smiths MC was ;-) Great job expaning
your credit lines,didn't read all the posts
but hope you gave @Anonymous the DP's
Thanks for sharing your story,
Cheers

Hopefully the DP's I gave will be enough.

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 20:24:44 GMT

Congrats, that's some quick growth! I hope US Bank chooses to be generous with me too! (We will see what happens haha)

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 20:33:19 GMT

Congratulations!

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 22:25:13 GMT

@Anonymous wrote:
Congrats, that's some quick growth! I hope US Bank chooses to be generous with me too! (We will see what happens haha)

Now when I do go for my 3rd card with US Bank, I really hope I'll get a much better SL than $1,300 or $1,500. 🤣🤣🤣

(I don't know when I'll try for a 3rd US Bank card, but I do know it'll be before the Platinum's 20 months 0% BT offer ends.)

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 22:28:37 GMT

May I ask what your score was when you first applied?

Re: US Bank Smith's Mastercard SP CLI #2

Anonymous — Mon, 01 Jun 2020 22:47:34 GMT

@macinjosh wrote:
@Anonymous wrote:
Congrats, that's some quick growth! I hope US Bank chooses to be generous with me too! (We will see what happens haha)
Now when I do go for my 3rd card with US Bank, I really hope I'll get a much better SL than $1,300 or $1,500. 🤣🤣🤣

(I don't know when I'll try for a 3rd US Bank card, but I do know it'll be before the Platinum's 20 months 0% BT offer ends.)

Yeah US Bank can be stingy with the SL!

I don't know where US Bank caps limits vs income. With how conservative they can be, I would probably guess 50% or so.

I would be happy with a $1300 or $1500 limit on a Cash+ if it grew quickly like your cards. I imagine you're probably looking to BT though so I get it.

Re: US Bank Smith's Mastercard SP CLI #2

CreditAggie — Mon, 01 Jun 2020 22:48:22 GMT

Congratulations on your Smith's 2X CLI!

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 23:11:58 GMT

@Anonymous wrote:
May I ask what your score was when you first applied?

EX was 736, and I believe that's what they pulled.

Re: US Bank Smith's Mastercard SP CLI #2

macinjosh — Mon, 01 Jun 2020 23:15:42 GMT

@Anonymous wrote:
@macinjosh wrote:
@Anonymous wrote:
Congrats, that's some quick growth! I hope US Bank chooses to be generous with me too! (We will see what happens haha)
Now when I do go for my 3rd card with US Bank, I really hope I'll get a much better SL than $1,300 or $1,500. 🤣🤣🤣

(I don't know when I'll try for a 3rd US Bank card, but I do know it'll be before the Platinum's 20 months 0% BT offer ends.)
Yeah US Bank can be stingy with the SL!

I don't know where US Bank caps limits vs income. With how conservative they can be, I would probably guess 50% or so.

I would be happy with a $1300 or $1500 limit on a Cash+ if it grew quickly like your cards. I imagine you're probably looking to BT though so I get it.

Well based on that estimate of 50% of income, then I could get up to $11,300 more from them in the future. Hmm 🤔.