topic Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳 in Credit Card Approvals

Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Sat, 04 Feb 2023 19:30:35 GMT

I mentioned this earlier as a data point in a different thread about whether/how WF uses account balances when granting CLIs (Re: Shut down my Wells Fargo checking account - BA... - Page 3 - myFICO® Forums - 6637912). But a CLI is a CLI - and this was a significant one at that - so I wanted to celebrate it here!

About a month ago, WF denied a CLI request for my WF Autograph card. Since then, I paid it off. A few days later, BAM- I got a CLI on the card from $1,700 to $5,100 - 3X larger than before.

I had stopped paying attention to the card, and didn't even notice it until yesterday, when I got identical two letters in the mail telling me that my CLI request was granted. Given the timing (the letters were dated 2 business days after I paid off the balance) and my earlier denial letter, I suspect it was more like an auto CLI, with the CLI approval letter being more of a glitch. Either way, I'll take it! 😂 (I don't recall the amount I asked for, but $5,100 sounds like it was in line with what I requested. That makes it go a little over the minimum requirements to make it a "real" Visa Signature card.)

For reference, my WF/TU FICO 9 score was 713 in December and 707 in January.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

Rdbeetle — Thu, 02 Feb 2023 00:25:18 GMT

Congrats on the nice WF CLI!!!

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

NoMoreDebt — Thu, 02 Feb 2023 00:37:16 GMT

congrats on the cli

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

KingRue8500 — Thu, 02 Feb 2023 00:44:17 GMT

Congrats on your Wells Fargo Autograph CLI

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

JoeRockhead — Thu, 02 Feb 2023 01:20:54 GMT

Very nice, congratulations on your CLI!

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

Meanmchine — Thu, 02 Feb 2023 01:31:19 GMT

Congrats on your CL!

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

mfinsmi1 — Thu, 02 Feb 2023 04:54:42 GMT

@LADave Congrats !!!! i swear as soon as u stop using the card after they deny you a cli they bring u back in by giving you an auto cli -- same thing happened to me i got denied stopped using the card and then one day i sign on and see the increase LMAO .... i guess this is the trick to get strict wells fargo to grant your cli

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Thu, 02 Feb 2023 05:07:15 GMT

@mfinsmi1 wrote:
@LADave Congrats !!!! i swear as soon as u stop using the card after they deny you a cli they bring u back in by giving you an auto cli -- same thing happened to me i got denied stopped using the card and then one day i sign on and see the increase LMAO .... i guess this is the trick to get strict wells fargo to grant your cli

I stopped paying attention to the card's limit but I never actually stopped using it.

Edit: Although my usage is down from what it used to be since I got a SavorOne card - which still has a larger credit limit than my Autograph.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

Hex — Thu, 02 Feb 2023 05:46:01 GMT

@LADave

That's a great increase. Congratulations!

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Thu, 02 Feb 2023 05:52:15 GMT

@Hex wrote:
@LADave
That's a great increase. Congratulations!

Thank you! And thanks to everyone for your congrats and kudos. 😀

I calculated up my spend before the CLI and it was nearly $5K - so it was very close to my new CL on the card.

I'll just reiterate that I believe my paying off the card was probably the biggest factor in getting the CLI. I wasn't paying interest during the 0% APR period but I was carrying a balance - so even though it wasn't costing me interest it was hurting my FICOs, and probably prevented me from getting a CLI earlier.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

CreditAggie — Thu, 02 Feb 2023 06:00:09 GMT

Congratulations on your Wells Fargo Autograph CLI!

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

cashorcharge — Thu, 02 Feb 2023 18:06:16 GMT

WooHoo!! Congratulations on your Wells Fargo Approval!!👏🏼🍾🥂

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

TRC_WA — Thu, 02 Feb 2023 19:55:06 GMT

@LADave wrote:
I mentioned this earlier as a data point in a different thread about whether/how WF uses account balances when granting CLIs (Re: Shut down my Wells Fargo checking account - BA... - Page 3 - myFICO® Forums - 6637912). But a CLI is a CLI - and this was a significant one at that - so I wanted to celebrate it here!

About a month ago, WF denied a CLI request for my WF Autograph card. Since then, I paid it off. A few days later, BAM- I got a CLI on the card from $1,700 to $5,100 - 3X larger than before.

Congrats. I have seen multiple reports from people getting CLIs after closing their checking accounts so I've decided to do the same and see what happens. 5+ years with my checking account there and have never gotten a CLI. Granted I have a BK 13 on my reports for another 6-12 months but I'm still tired of the "checking account balance too low" denial excuse.

So now when I apply for a CLI later this year on my Plat and Reflect cards (after my reports are clean) WF will have to come up with a different excuse. I've moved all my DD's to NFCU.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Thu, 02 Feb 2023 23:55:52 GMT

@TRC_WA wrote:
@LADave wrote:
I mentioned this earlier as a data point in a different thread about whether/how WF uses account balances when granting CLIs (Re: Shut down my Wells Fargo checking account - BA... - Page 3 - myFICO® Forums - 6637912). But a CLI is a CLI - and this was a significant one at that - so I wanted to celebrate it here!

About a month ago, WF denied a CLI request for my WF Autograph card. Since then, I paid it off. A few days later, BAM- I got a CLI on the card from $1,700 to $5,100 - 3X larger than before.

Congrats. I have seen multiple reports from people getting CLIs after closing their checking accounts so I've decided to do the same and see what happens. 5+ years with my checking account there and have never gotten a CLI. Granted I have a BK 13 on my reports for another 6-12 months but I'm still tired of the "checking account balance too low" denial excuse.

So now when I apply for a CLI later this year on my Plat and Reflect cards (after my reports are clean) WF will have to come up with a different excuse. I've moved all my DD's to NFCU.

Let us know what happens! I was getting ready to close mine and then I got a CLI. I now suspect that WF will use higher balances as an excuse to grant a CLI, and when we're declined they're letting us know they couldn't use our bank balances as a reason to grant a CLI in a way that makes it sounds like we're being penalized. I wish they were a lot more transparent in what they're looking for, and how balances factor into their decision.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

mgood — Sun, 05 Feb 2023 23:50:30 GMT

Congrats on the 3x increase!

This may be partial explaination for what happened to mine. I've said in a couple of places here that I got a requested CLI and then two weeks later got an auto-CLI. That had me a bit confused. But what I left out of that story was that my 0% period was just about over and about the time of all this CLI business, I paid off about $3200 that I'd been letting ride there. I'm thinking that's what triggered the 2nd increase after reading your story. I think someone else recently got a good CLI from them right after making a big payment.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Thu, 02 Feb 2023 23:52:53 GMT

@mgood wrote:
Congrats on the 3x increase!

This may be partial explaination for what happened to mine. I've said in a couple of places here that I got a requested CLI and then two weeks later got an auto-CLI. That had me a bit confused. But what I left out of that story was that my 0% period was just about over and about the time of all this CLI business, I paid off about $2300 that I'd been letting ride there. I'm thinking that's what triggered the 2nd increase after reading your story. I think someone else recently got a good CLI from them right after making a big payment.

That makes a lot of sense to me. It's quite possible that I would have got an auto CLI for paying it off if I hadn't made a request. For all I know, WF could have given me a completely different (lower or higher) auto CLI if I hadn't thrown them a number to them in my earlier CLI request.

Perhaps in the future, I'll just throw out a high number I don't expect to get on my CLI requests and see whether they bite. 😂 They're known to counter with a lower number if they don't accept the requested amount (that's what happend on my first request with them),

(My 0% period is stil on for a few months, but I had the money available and wanted to see what would happen to my FICOs and my credit line if I paid it off.)

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

nytokyobred79 — Fri, 03 Feb 2023 05:47:22 GMT

Congrats on the auto love and very nice increase.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

49erFaithful85 — Fri, 03 Feb 2023 22:40:55 GMT

Congrats on a very nice increase! Hadn't heard of this card but its now on the goal list.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

LADave — Fri, 03 Feb 2023 23:10:28 GMT

@49erFaithful85 wrote:
Congrats on a very nice increase! Hadn't heard of this card but its now on the goal list.

It's become one of my favorites. It's got 3% back on some of the highest spend categories (gas, travel, dining, phone/Internet with cell phone insurance), as well as streaming, with 1% back on everything else. IMHO it was more of a no-brainer when the SUB was $300, but the SUB is still compelling at $200.

I transitioned my dining spending to my SavorOne card after I got that because the CL on my Autograph was so low. Capital One gave me an easier CLI on the SavorOne (and a higher SL), so I might continue to use that card as my primary card for dining, groceries and entertainment. But WF does seem to have rewarded me for my heavy use of the Autograph, and for paying it off early during the 0% intro period.

Re: Wells Fargo Autograph CLI - $1700 to $5100! 😳

49erFaithful85 — Fri, 03 Feb 2023 23:19:23 GMT

It would be the reverse for me. SavorOne card is slowly inching toward $1000 with $100 increases every six months. Been banking with Wells Fargo for about a year now but haven't paid attention to credit cards in general for awhile. Prefer to replace SavorOne with Autograph. Excited about the categories! Not sure if I'd be approved at the moment though. Scores hovering around 680. Will attempt in April after paying a 0% card carrying a balance down to $0.