topic Re: US Bank Cash+ Limit Increase & Data Point/info in Credit Card Approvals

US Bank Cash+ Limit Increase & Data Point/info

Anonymous — Wed, 01 Jul 2020 23:11:16 GMT

Roughly six months since last CLI on US Bank Cash+. Saw some others having success today so gave it a roll. Instant increase of $5000 to new limit of $11000. It was more than I expected and I'm happy that it carried the limit over $10k.

basic datapoints:

Account opened January 2019, $1000 starting limit reconned to $3000. Soft Pull CLI December 2019 to $6000. Soft Pull CLI July 1, 2020 to $11000. 788 to 796 FICO8 range. 2 TU inquiries in last year. No new accounts since December 2019. $0 balance. Few hundred monthly spend, PIF. 2 to 3% aggregate UTL.

Possibly important datapoint: last increase was on 12/7/19. I tried a few weeks ago, around the 8th to the 10th of June, and got a rejection letter saying that it hadn't been six months since the last increase... Yeah, um, okay. Tried today and bam, increase. This makes me think that there's a possibility that US Bank may like you to wait until the start of the 7th month after the last increase. This wouldn't surprise me given that they also like to report on the last day of the month.

Maybe others can shed some light on that possibility based on their own dates.

Re: US Bank Cash+ Limit Increase & Data Point/info

slickwidit — Wed, 01 Jul 2020 23:13:13 GMT

Congratulations 🎊🎉🍾🎈

Re: US Bank Cash+ Limit Increase & Data Point/info

K-in-Boston — Wed, 01 Jul 2020 23:17:36 GMT

Congrats! Yes, their definition of 6 months means "not until the month following 6 months." I had a CLI on my Cash+ on the 5th of June last year, tried on the 17th of December and got sent the "6 months" letter. Waited a few weeks until it was January and instantly approved. You (and me and the other 50 people posting about US Bank today LOL) will next be eligible on the 1st of February.

Re: US Bank Cash+ Limit Increase & Data Point/info

nuohlac — Wed, 01 Jul 2020 23:19:07 GMT

Congrats!!!

Re: US Bank Cash+ Limit Increase & Data Point/info

M_Smart007 — Wed, 01 Jul 2020 23:19:09 GMT

Re: US Bank Cash+ Limit Increase & Data Point/info

CreditAggie — Wed, 01 Jul 2020 23:25:25 GMT

Congratulations on your US Bank Cash+ CLI!

Re: US Bank Cash+ Limit Increase & Data Point/info

Anonymous — Wed, 01 Jul 2020 23:26:27 GMT

BOOM! Another USocks CLI! Congrats!

Re: US Bank Cash+ Limit Increase & Data Point/info

lhcole77 — Wed, 01 Jul 2020 23:28:37 GMT

Great DPs @Anonymous . Congrats!

When I go online, the request says that they will pull a report. Did you request online? If so, did you see the same verbiage?

Re: US Bank Cash+ Limit Increase & Data Point/info

gdale6 — Wed, 01 Jul 2020 23:29:38 GMT

Sweet it is now a premium card, congrats on it

Re: US Bank Cash+ Limit Increase & Data Point/info

Anonymous — Thu, 02 Jul 2020 00:21:32 GMT

@lhcole77 wrote:
Great DPs @Anonymous . Congrats!

When I go online, the request says that they will pull a report. Did you request online? If so, did you see the same verbiage?

It did warn that they it may be a hard pull that impacts your score. Same thing last December. Both, thankfully, were soft pulls. I get alerts from two or three different places when a new inquiry hits and nothing so far.

@K-in-Boston, thanks for the reply and info. Mark us all down for that internet-distance CLI party in February!

Re: US Bank Cash+ Limit Increase & Data Point/info

AllZero — Thu, 02 Jul 2020 04:34:15 GMT

Congratulations on your CLI!

Re: US Bank Cash+ Limit Increase & Data Point/info

MyFault — Thu, 02 Jul 2020 05:32:01 GMT

Congrats!

Re: US Bank Cash+ Limit Increase & Data Point/info

Anonymous — Thu, 02 Jul 2020 10:58:04 GMT

@Anonymous Super Congrats on your USB Cash+ CLI!!!

Re: US Bank Cash+ Limit Increase & Data Point/info

Remedios — Thu, 02 Jul 2020 13:49:42 GMT

@Anonymous wrote:

Link to prior CLI thread.

Roughly six months since last CLI on US Bank Cash+. Saw some others having success today so gave it a roll. Instant increase of $5000 to new limit of $11000. It was more than I expected and I'm happy that it carried the limit over $10k.

basic datapoints:

Account opened January 2019, $1000 starting limit reconned to $3000. Soft Pull CLI December 2019 to $6000. Soft Pull CLI July 1, 2020 to $11000. 788 to 796 FICO8 range. 2 TU inquiries in last year. No new accounts since December 2019. $0 balance. Few hundred monthly spend, PIF. 2 to 3% aggregate UTL.

Possibly important datapoint: last increase was on 12/7/19. I tried a few weeks ago, around the 8th to the 10th of June, and got a rejection letter saying that it hadn't been six months since the last increase... Yeah, um, okay. Tried today and bam, increase. This makes me think that there's a possibility that US Bank may like you to wait until the start of the 7th month after the last increase. This wouldn't surprise me given that they also like to report on the last day of the month.

Maybe others can shed some light on that possibility based on their own dates.

Congrats on your increase

As far as timing, it's really 7 months, because they dont "count" 6 calendar months.

You will be eligible for your next SP on or after February 1st 2021.

Re: US Bank Cash+ Limit Increase & Data Point/info

M_Smart007 — Thu, 02 Jul 2020 20:03:56 GMT

I guess I was not technically at 7 months from last CLI

All 3 CB's locked due to fraudsters and gardening.