topic Re: Multiple CLIs and Approvals in Credit Card Approvals

Multiple CLIs and Approvals

Anonymous — Sat, 07 Nov 2020 06:51:23 GMT

I have been a long time lurker and love all these boards for the great advice. Last year my scores were in the low 600's and are now in the mid 700's. About two weeks ago, I went on a little app spree. Here are the details:

VyStar Credit Union - I have had a long banking relationship with them. I had a Visa Signature Rewards and a Platinum Visa both with 5k limits. I called to see if I could combine my cards into one and they approved it and bumped me to 20k with their Cash Rewards at 9.5%. Pulled TransUnion Fico 9. Score at the time was 745. I asked the rep what was the highest limit they offer and he told me 75k.

Penfed Credit Union - I opened a savings account last year and applied for the PCR card and was denied. Tried again this year and was approved for 17.5k at 14.99%. Pulled Equifax FICO 9 which was 758.

Scott Credit Union - Currently my main credit union and I have had a long relationship with them. I have had the Extreme Visa card for a few years that has sat at a 1k limit. Applied for an increase to 20k and they countered with 10k at 9%. I happily accepted! They pulled TransUnion Fico 8. Website says max is 25k for their Visa

Chase - I have always wanted the Southwest Rapid Rewards Priority card. My family and I fly Southwest a lot (slowed down due to COVID of course) and I just felt like it would be a good card to have. I tried last year and got denied. I applied tonight and I just knew I was going to get denied or get a letter in the mail message. Waited about a minute and BOOM!!! Instant approval for 14.3k at 22%!!! I know the percentage is high but I PIF. They pulled Experian and TransUnion. No prior relationship with Chase. That's 50.8k total!!! I am done for the year and off to the garden!!!

Data Points currently:

EQ: 741 EX: 739 TU: 753

Inqs: EQ: 8 TU: 9 EX: 11

4 late payments that are over 5 years old. Utilization currently at 3%. 190k income.

Re: Multiple CLIs and Approvals

AllZero — Sat, 07 Nov 2020 06:55:49 GMT

Congratulations on your approvals and CLIs!

Re: Multiple CLIs and Approvals

Conceptual23 — Sat, 07 Nov 2020 07:41:30 GMT

Congrats on the increases and approvals! Thank you for the data points as well.

Re: Multiple CLIs and Approvals

AverageJoesCredit — Sat, 07 Nov 2020 12:23:07 GMT

nice job wouldnt worry about an apr from Chase, they aren't known for their low apr

Re: Multiple CLIs and Approvals

M_Smart007 — Sat, 07 Nov 2020 14:47:13 GMT

Congratulations on your Approvals and CLI's ...

Re: Multiple CLIs and Approvals

gdale6 — Sat, 07 Nov 2020 15:20:23 GMT

Pretty good run, grats to all of your successes

Re: Multiple CLIs and Approvals

cashorcharge — Sat, 07 Nov 2020 16:27:56 GMT

Great job! Congratulations on your terrific approvals!!!

Re: Multiple CLIs and Approvals

Anonymous — Sat, 07 Nov 2020 19:01:15 GMT

@Anonymous wrote:
I have been a long time lurker and love all these boards for the great advice. Last year my scores were in the low 600's and are now in the mid 700's. About two weeks ago, I went on a little app spree. Here are the details:

VyStar Credit Union - I have had a long banking relationship with them. I had a Visa Signature Rewards and a Platinum Visa both with 5k limits. I called to see if I could combine my cards into one and they approved it and bumped me to 20k with their Cash Rewards at 9.5%. Pulled TransUnion Fico 9. Score at the time was 745. I asked the rep what was the highest limit they offer and he told me 75k.

Penfed Credit Union - I opened a savings account last year and applied for the PCR card and was denied. Tried again this year and was approved for 17.5k at 14.99%. Pulled Equifax FICO 9 which was 758.

Scott Credit Union - Currently my main credit union and I have had a long relationship with them. I have had the Extreme Visa card for a few years that has sat at a 1k limit. Applied for an increase to 20k and they countered with 10k at 9%. I happily accepted! They pulled TransUnion Fico 8. Website says max is 25k for their Visa

Chase - I have always wanted the Southwest Rapid Rewards Priority card. My family and I fly Southwest a lot (slowed down due to COVID of course) and I just felt like it would be a good card to have. I tried last year and got denied. I applied tonight and I just knew I was going to get denied or get a letter in the mail message. Waited about a minute and BOOM!!! Instant approval for 14.3k at 22%!!! I know the percentage is high but I PIF. They pulled Experian and TransUnion. No prior relationship with Chase. That's 50.8k total!!! I am done for the year and off to the garden!!!

Data Points currently:
EQ: 741 EX: 739 TU: 753
Inqs: EQ: 8 TU: 9 EX: 11
4 late payments that are over 5 years old. Utilization currently at 3%. 190k income.

Congratulations! on your great success & thank you for providing such a detailed account.

Re: Multiple CLIs and Approvals

SanDiegoCredit — Sat, 07 Nov 2020 21:49:09 GMT

Congrats 🎊 on your new cards and CLI. Thanks for sharing. 😊

Re: Multiple CLIs and Approvals

CreditAggie — Sun, 08 Nov 2020 04:59:42 GMT

Congratulations on your approvals and CLIs!