topic Re: Interesting Paypal Mastercard CLI in Credit Card Approvals

Interesting Paypal Mastercard CLI

MP15_556 — Sat, 23 Jul 2022 17:58:42 GMT

Long story short I never use this card. It has not been used in over a year. About 8 months ago my limit was cut to $1,000 for lack of usage and haven't picked it up since that happened.

Logged in online and noticed a Request Increase option in the menu. I didn't recall seeing this before, I had previously used the automated over the phone request. Decided to give it a shot. I requested $15,000 and was approved immediately. Crazy times.

TU is around 780.

Re: Interesting Paypal Mastercard CLI

mgood — Sat, 23 Jul 2022 18:13:17 GMT

Congrats! That's quite a jump.

What was your limit before it was cut?

Re: Interesting Paypal Mastercard CLI

CreditAggie — Sat, 23 Jul 2022 18:37:42 GMT

Congratulations on your PayPal Mastercard 15X CLI!

Re: Interesting Paypal Mastercard CLI

MP15_556 — Sat, 23 Jul 2022 18:42:28 GMT

I believe it was $7,000 before the initial CLD. It has been awhile.

Re: Interesting Paypal Mastercard CLI

cashorcharge — Sat, 23 Jul 2022 19:11:06 GMT

WooHoo!! Congratulations on your PayPal Approval!!👏🏼🍾🥂

Re: Interesting Paypal Mastercard CLI

KingRue8500 — Sat, 23 Jul 2022 22:43:33 GMT

Congrats on your PayPal Cash Back CLI

Re: Interesting Paypal Mastercard CLI

babygirl1256 — Sat, 23 Jul 2022 23:42:46 GMT

Congrats on your Paypal Mastercard CLI . . . When initially approved did it require a PG? Does the card report to your business credit, personal credit or both?

Re: Interesting Paypal Mastercard CLI

firefox100 — Sun, 24 Jul 2022 23:21:28 GMT

Congratulations that is nice increase.

Re: Interesting Paypal Mastercard CLI

MP15_556 — Mon, 25 Jul 2022 02:52:37 GMT

@babygirl1256 wrote:
Congrats on your Paypal Mastercard CLI . . . When initially approved did it require a PG? Does the card report to your business credit, personal credit or both?

Sorry not sure what PG means....... and I have never pulled a business report.

Re: Interesting Paypal Mastercard CLI

dcp0524 — Mon, 25 Jul 2022 04:26:10 GMT

@MP15_556 wrote:
Long story short I never use this card. It has not been used in over a year. About 8 months ago my limit was cut to $1,000 for lack of usage and haven't picked it up since that happened.
Logged in online and noticed a Request Increase option in the menu. I didn't recall seeing this before, I had previously used the automated over the phone request. Decided to give it a shot. I requested $15,000 and was approved immediately. Crazy times.

TU is around 780.

Yeah Sync is weird sometimes. My SO has two Sync cards, Sleep Number and Ashley's. We have roughly $1k balance on Sleep Number. Originally approved for $10k. Hasn't been used since the original $4k purchase in 2021 and now has a $30k limit. The Ashley's card was only opened in to save $ on some furniture, immediately PIF and hasn't been used since. Opened mid 2020, $5k approval. That card now has a $20k limit. Both cards have only ever been used once yet they granted insane CLI.

Re: Interesting Paypal Mastercard CLI

NalekSok — Mon, 25 Jul 2022 12:33:26 GMT

Congratulations on your CLI! 🎉

Re: Interesting Paypal Mastercard CLI

arifjk — Mon, 25 Jul 2022 20:58:40 GMT

WHOA!!! Nice jump. Enjoy the 3x cash back from PayPal as long as you use their PayPal button.

Re: Interesting Paypal Mastercard CLI

SuperFlyEDSguy — Tue, 08 Aug 2023 07:44:38 GMT

@dcp0524 wrote:

Yeah Sync is weird sometimes.
...

Both cards have only ever been used once yet they granted insane CLI.

"Only ever been used once" — each — that's probably why they've been so generous, they see very little risk so they're not too worried about getting those cards maxed-out or anything like that!

It's funny how much of a far cry it is from how the banks mostly did business up until around 2010-ish as they extend ginormous SLs right out of the gate, and the more you spent, the more they actually wanted to give with each subsequent CLI! Today we hear "exposure" from a handful of issuers, some Synch products included (Capital One is notorious for it), but they only want to ensure that you're using it instead of stowing it in the ol' sock drawer as a tool to tweak your utilization. The thing is, for the most part, less really is more when it comes to the CLI game. They want to see something, but yet too much utilization, and game over until the next time you decide to try your luck and play again. It's really a complete 180° from the pre-2010 posture in the industry!

Now, I've noticed how the criteria varies widely from one Synch product to the next and summed it up to them making their fortune in the private label game. The brands tell them what they would like, Synch brings the experience and actual cards to the table, and they together set the ground rules. Those businesses getting the private label cards are likely way more afraid of default than Synch themselves, which is why certain branded products could be so stingy — or so generous — it just depends on the culture behind the brand on the card face!

But yeah, I totally agree with you that Synchrony is one weird cat, and yet as you could see [for some reason] I've tried to justify it. Synch for the most part has been quite fair to me, with most of their products anyway!

BTW, you should go for the AMEX Gold! Based on your sig you should have no problems getting an instant approval! You're not only already established with them, but have the BCP, a card that IMHO is far more difficult to get approved for than their personal charge cards! Let's put it this way, I was approved with a 680-or-so score, > 1% utilization, and low five figure total available revolving credit! I was also only a handful of years out of my BK! I've seen many people with 670 to 710 scores and 10% to 15% utilization easily get approved. The weird part is that I tried getting the BCP the very same day, but was denied! Even after my credit grew, and then grew some more, that's the one AMEX card that I really wanted, but could just not get approved for! I finally ended-up pulling the trigger on the BCE figuring that they'll eventually give me an upgrade offer. They've offered to upgrade my Gold Card to a Platinum, and bizarrely offered to upgrade me back to the Delta Gold literally a couple days after downgrading it to the Delta Blue (I already had the Delta Platinum and didn't need both, so why kill a long established line, right?!) It seems logical that I should eventually be able to upgrade! Anywho, my point is that you have excellent credit and freaking deserve to reward yourself for it!

Be well.