topic CHASE FREEDOM UNLIMITED in Credit Card Approvals

CHASE FREEDOM UNLIMITED

Mike1014805 — Mon, 04 Apr 2022 19:01:36 GMT

So about 2 weeks ago, I applied for the American Express Cash Magnet Card and was approved for $5,000. This however, put me at the infamous 5/24 rule for Chase. My credit score is only a 698, so I decided to apply for the Chase Freedom Unlimited before my Amex card reported to the credit bureaus.

I was instantly approved for the Chase Freedom Unlimited, but only for $1,300. (I also have the Chase Amazon Visa and with a $3,300 limit and the Capital One Venture Card that has a $7,500 limit).

I've read a lot of reviews where people get anywhere from $500 to $10,000+ for approval limits for the CFU. So I was curious, am I stuck at this limit? Does anyone have a possible idea of why my starting limit was so low? (I called and asked this question, but the rep couldn't give me an answer). Does chase offer automatic credit line increases? Has anyone had experience with getting a highe limit over time?

Re: CHASE FREEDOM UNLIMITED

CreditMagic7 — Mon, 04 Apr 2022 19:07:15 GMT

Congratulations on your newest Chase Card approval with the FU card.

Having had Chase cards for some years you can always qualifiy for an increase at their appointed timelime. I'm not sure what that is anymore but others can share with you their own wait period. I normally would later on apply for a second (and 3rd) Chase card and move some limits if increases took too long on one of them. Not sure if that is still available or not.

Re: CHASE FREEDOM UNLIMITED

cashorcharge — Mon, 04 Apr 2022 19:07:20 GMT

That's terrific!! Congratulations on your Chase Approval!! 🎉🥂👏

Re: CHASE FREEDOM UNLIMITED

Elpadrino1 — Mon, 04 Apr 2022 19:13:01 GMT

Congratulations on your Chase approval!!

Re: CHASE FREEDOM UNLIMITED

everest — Mon, 04 Apr 2022 23:26:17 GMT

Congrats on your Chase approval! 🎉

Re: CHASE FREEDOM UNLIMITED

gdale6 — Tue, 05 Apr 2022 00:10:49 GMT

Grats on your CFU approval

Good usage typically results in auto CLI and with Chase you can always move limits around on the cards.

Re: CHASE FREEDOM UNLIMITED

CreditAggie — Tue, 05 Apr 2022 02:08:38 GMT

Congratulations on your CFU approval!

Re: CHASE FREEDOM UNLIMITED

babygirl1256 — Tue, 05 Apr 2022 02:14:04 GMT

Congrats on your Chase Freedom Unlimited approval. Chase will grant credit limit increases but when they told me it would be a hard pull I declined. May try in 2023 . . . I also read where they sometimes give automatic CLIs but I haven't received one.

Re: CHASE FREEDOM UNLIMITED

Anonymous — Tue, 05 Apr 2022 15:42:44 GMT

Congrats on your approval!!

I was approved for CFU in Jan 2021 with a SL of $2100. I made purchases and paid the account in full. I got an auto CL increase in Oct 2021 to $4500. So about 9 months of good usage and they did that all on their own. So hang in there!

Re: CHASE FREEDOM UNLIMITED

SEAlifer — Tue, 05 Apr 2022 17:13:47 GMT

Congratulations! They will definitely grow your limit over time, especially if you are maxing it out and paying it off regularly. I know the "marathon not a race" saying is super cliche, but you'll blink your eyes and a couple of years will have gone by and your limit will be way higher.

Re: CHASE FREEDOM UNLIMITED

PlatinumCredit — Sun, 10 Apr 2022 22:45:01 GMT

@Mike1014805 I totally feel your frustration. I was denied at first so I called the reconsideration line. I did have a collections with chase back in 2008 when I was laid off during the recession. But thankfully I was able chase freedom flex but only with a 1k limit. I am hoping as I come up on my year anniversary that they do an auto increase since I don't want a hp on my credit. But a win is a win, congratulations!!!

Re: CHASE FREEDOM UNLIMITED

SDMarik — Mon, 11 Apr 2022 14:04:04 GMT

Congrats!

I have pretty much given up on Chase, I have one and would love to add some more but I am well into the 5/24 territory and as much as I would like to think I can wait 2 years before applying for anything else, I'm weak willed

Re: CHASE FREEDOM UNLIMITED

sghosh5 — Tue, 12 Apr 2022 05:25:11 GMT

Auto CLI on chase card can be very hard imo. I had a chase freedom stuck at 2k limit for 7 or more years. Ans just a week back i applied for back to back chase cards and were approved for 5 figure limits and also another 2k increase on my old freedom card. Never got auto cli even though i used the card a lot and paid in full many times

Re: CHASE FREEDOM UNLIMITED

Junejer — Tue, 12 Apr 2022 17:38:42 GMT

I have found no rhyme or reason for Chase auto CLI. I got my Southwest card a few years ago and started using it heavily. After some period of time, I got an auto CLI of $3K from $26.7K to $29.7K. I don't know exactly when it happened, I just happened to see the extra CL one day. I'll track my progress a little better with the CFU that I opened in November 2021. I've used the crap out of that card, to the point where I'm almost surprised that I haven't received one already. I've also reallocated the CLs between the two cards a couple of times as well. I'm not sure if that influences auto CLI or not.

Re: CHASE FREEDOM UNLIMITED

sghosh5 — Wed, 13 Apr 2022 16:25:35 GMT

@Junejer wrote:
I have found no rhyme or reason for Chase auto CLI. I got my Southwest card a few years ago and started using it heavily. After some period of time, I got an auto CLI of $3K from $26.7K to $29.7K. I don't know exactly when it happened, I just happened to see the extra CL one day. I'll track my progress a little better with the CFU that I opened in November 2021. I've used the crap out of that card, to the point where I'm almost surprised that I haven't received one already. I've also reallocated the CLs between the two cards a couple of times as well. I'm not sure if that influences auto CLI or not.

One thing about relocating limits between chase card is, CHASE looks at it as a CLI if you move one card's CL to another card's CL and resulting in an increase of CL in the second card. Which may end up causing a denial in an actual CLI

Re: CHASE FREEDOM UNLIMITED

TSlop — Wed, 13 Apr 2022 17:34:12 GMT

Congrats on your approval!

Re: CHASE FREEDOM UNLIMITED

Anonymous — Wed, 13 Apr 2022 17:44:06 GMT

Per your sig CFU has by far the lowest limit though, although you opened it in 2019 😅 Not expecting much for my 500 SL CFF, at all 😓

Re: CHASE FREEDOM UNLIMITED

Junejer — Wed, 13 Apr 2022 17:48:36 GMT

@sghosh5 wrote:
@Junejer wrote:
I have found no rhyme or reason for Chase auto CLI. I got my Southwest card a few years ago and started using it heavily. After some period of time, I got an auto CLI of $3K from $26.7K to $29.7K. I don't know exactly when it happened, I just happened to see the extra CL one day. I'll track my progress a little better with the CFU that I opened in November 2021. I've used the crap out of that card, to the point where I'm almost surprised that I haven't received one already. I've also reallocated the CLs between the two cards a couple of times as well. I'm not sure if that influences auto CLI or not.
One thing about relocating limits between chase card is, CHASE looks at it as a CLI if you move one card's CL to another card's CL and resulting in an increase of CL in the second card. Which may end up causing a denial in an actual CLI

I was afraid of this. I wasn't going to ask for a CLI. I was hoping for an auto CLI at the six or seven month mark.

Re: CHASE FREEDOM UNLIMITED

black_citi — Thu, 14 Apr 2022 00:56:19 GMT

Congrats on your approval!! I started off with a $1300 limit back in Jan 2019 when I applied and got approved for my CFU. After about a year of light use, they auto CLI me to $4600. About 8 months later I did something that spooked them so they slapped me back down to $1300 where its been at since lol.

I don't really care tho since I don't even use the card anymore. I might cancel eventually.

Re: CHASE FREEDOM UNLIMITED

Mike1014805 — Thu, 14 Apr 2022 01:01:16 GMT

@black_citi wrote:
Congrats on your approval!! I started off with a $1300 limit back in Jan 2019 when I applied and got approved for my CFU. After about a year of light use, they auto CLI me to $4600. About 8 months later I did something that spooked them so they slapped me back down to $1300 where its been at since lol.

I don't really care tho since I don't even use the card anymore. I might cancel eventually.

What did you that "spooked" them?