topic Re: Apple Card CLI in Credit Card Approvals

Apple Card CLI

Jordan23ww — Fri, 23 Jun 2023 20:17:43 GMT

Just got a $3000 limit increase on my Apple Card, taking my limit from $10,850 to $13,850!

The Backstory for those interested:

Last night I asked for a limit increase on the Apple Card. They immediately said they needed to have my co-owner (my wife) update her income too before a decision could be made. Once she did so they would let us know something within 6 days. We used the link they emailed her to update her info.

When I submitted the request I knew an increase approval would be iffy! I had just purchased a Mac Studio with upgrades and a Studio Display with an upgraded tilt arm. The purchase was taking up 54% of my card’s limit. I remember a prior conversation with Apple Card Support where they said anytime a person asks for a limit increase and they’re already using 30% or more of their card’s limit it will almost always get denied, but 29% or lower your chances of approval go up drastically!.

What gave me the confidence to ask was 3 things:

1) My last limit increase was 2/4/22 (back when they went by their old standards of giving limit increases as soon as every 91 days) so I should’ve been eligible for another increase on 5/6/22,

2) the last time I got an increase I had just bought a MacBook Pro with multiple upgrades and I was using 34% of my card’s limit, and

3) it’s always a soft pull so the worst they can say is no.

Every single time I’ve gotten an increase it has been on the heels of me buying a new Mac. Any other times I’ve asked I've gotten denied for not putting enough spend on the card. I have asked for multiple increases since 5/6/22 and the answer was always the same, denial, not enough spend. So far I hadn’t been willing to spend more on the card because the categories I’d be spending in gave 3% to 6% on other cards but would only garner 1% on my Apple Card because the companies don’t take Apple Pay.

So I eventually just stopped trying since my spend hadn’t gone up any. Since I knew I had just spent a substantial amount on the new computer and monitor I decided finally to try again. Woke up this morning and checked my email and I saw an email from late last night stating my approval! I’m excited for this increase! What first made me interested in the Apple Card was the ability to do installments on larger priced Apple products while also earning cash back. Unlike my Best Buy cards that let you choose either 0 interest financing or earning 5% in Best Buy rewards but not both!

This is my 7th installment so far. I tend to get an installment then aggressively pay it off early. My goal for this card is to get the limit to $25K. That will help me with keeping my utilization down whenever I make future large purchases.

Card History:

11/8/20 $2100 Starting Limit

5/24/21 $1250 CLI ($3350 new limit)

4/20/21 Wife Approved for Apple Card $5500 Starting Limit

6/27/21 Merged Card with wife ($8850 new combined limit)

2/4/22 $2000 CLI ($10,850 new limit)

6/22/23 $3000 CLI ($13,850 new limit)

Re: Apple Card CLI

CreditMagic7 — Fri, 23 Jun 2023 21:54:45 GMT

Congratulations @Jordan23ww on a nice increase with your Apple Card!

Re: Apple Card CLI

cashorcharge — Sat, 24 Jun 2023 00:03:53 GMT

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

Re: Apple Card CLI

sznthescore — Sat, 24 Jun 2023 00:20:22 GMT

Congratulations on your CLI!

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 00:48:28 GMT

@CreditMagic7 wrote:
Congratulations @Jordan23ww on a nice increase with your Apple Card!

@CreditMagic7 Thank you!

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 00:49:00 GMT

@cashorcharge wrote:
WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

@cashorcharge Thank you!

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 00:49:23 GMT

@sznthescore wrote:
Congratulations on your CLI!

@sznthescore Thank you!

Re: Apple Card CLI

JoeRockhead — Sat, 24 Jun 2023 01:56:42 GMT

Nice bump, congratulations!

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 02:36:00 GMT

@JoeRockhead wrote:
Nice bump, congratulations!

@JoeRockhead Thank you!

Re: Apple Card CLI

Creditwiser — Sat, 24 Jun 2023 13:55:52 GMT

Way to go ! Congrats on a nice CLI !

Re: Apple Card CLI

alextercero — Sat, 24 Jun 2023 14:12:49 GMT

Congrats on the CLI

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 15:57:23 GMT

@Creditwiser wrote:
Way to go ! Congrats on a nice CLI !

@Creditwiser Thank you!

Re: Apple Card CLI

Jordan23ww — Sat, 24 Jun 2023 15:58:41 GMT

@alextercero wrote:
Congrats on the CLI

@alextercero Thank you!

Re: Apple Card CLI

Catbird_Seat — Sun, 25 Jun 2023 01:11:19 GMT

@Jordan23ww wrote:
Just got a $3000 limit increase on my Apple Card, taking my limit from $10,850 to $13,850!

When I submitted the request I knew an increase approval would be iffy! I had just purchased a Mac Studio with upgrades and a Studio Display with an upgraded tilt arm. The purchase was taking up 54% of my card’s limit. I remember a prior conversation with Apple Card Support where they said anytime a person asks for a limit increase and they’re already using 30% or more of their card’s limit it will almost always get denied, but 29% or lower your chances of approval go up drastically!.

Every single time I’ve gotten an increase it has been on the heels of me buying a new Mac. Any other times I’ve asked I've gotten denied for not putting enough spend on the card. I have asked for multiple increases since 5/6/22 and the answer was always the same, denial, not enough spend. So far I hadn’t been willing to spend more on the card because the categories I’d be spending in gave 3% to 6% on other cards but would only garner 1% on my Apple Card because the companies don’t take Apple Pay.

Card History:

11/8/20 $2100 Starting Limit
5/24/21 $1250 CLI ($3350 new limit)
4/20/21 Wife Approved for Apple Card $5500 Starting Limit
6/27/21 Merged Card with wife ($8850 new combined limit)
2/4/22 $2000 CLI ($10,850 new limit)
6/22/23 $3000 CLI ($13,850 new limit)

Congrats on your CLI & thank you for the very informative DPs, will keep the util details for sure when it comes to asking for a CLI.

I had no idea they would merge accounts like that, good thing to keep in mind too.

You mentioned that you weren't using your Apple card because some companies don't take Apple Pay, do you not have a physical card to make purchases?

Or have you not utilized the random virtual card number they offer?

Re: Apple Card CLI

firefox100 — Sun, 25 Jun 2023 02:22:28 GMT

Congrats on very nice increase on your apple card, enjoy it have fun.

Re: Apple Card CLI

Rdbeetle — Sun, 25 Jun 2023 17:07:53 GMT

Congrats on your Apple CLI!

Re: Apple Card CLI

OrangeRange — Sun, 25 Jun 2023 18:14:06 GMT

@Catbird_Seat wrote:
@Jordan23ww wrote:
Just got a $3000 limit increase on my Apple Card, taking my limit from $10,850 to $13,850!

When I submitted the request I knew an increase approval would be iffy! I had just purchased a Mac Studio with upgrades and a Studio Display with an upgraded tilt arm. The purchase was taking up 54% of my card’s limit. I remember a prior conversation with Apple Card Support where they said anytime a person asks for a limit increase and they’re already using 30% or more of their card’s limit it will almost always get denied, but 29% or lower your chances of approval go up drastically!.

Every single time I’ve gotten an increase it has been on the heels of me buying a new Mac. Any other times I’ve asked I've gotten denied for not putting enough spend on the card. I have asked for multiple increases since 5/6/22 and the answer was always the same, denial, not enough spend. So far I hadn’t been willing to spend more on the card because the categories I’d be spending in gave 3% to 6% on other cards but would only garner 1% on my Apple Card because the companies don’t take Apple Pay.

Card History:

11/8/20 $2100 Starting Limit
5/24/21 $1250 CLI ($3350 new limit)
4/20/21 Wife Approved for Apple Card $5500 Starting Limit
6/27/21 Merged Card with wife ($8850 new combined limit)
2/4/22 $2000 CLI ($10,850 new limit)
6/22/23 $3000 CLI ($13,850 new limit)
Congrats on your CLI & thank you for the very informative DPs, will keep the util details for sure when it comes to asking for a CLI.
I had no idea they would merge accounts like that, good thing to keep in mind too.
You mentioned that you weren't using your Apple card because some companies don't take Apple Pay, do you not have a physical card to make purchases?
Or have you not utilized the random virtual card number they offer?

I think OP just doesn't use the physical card because it is only 1% CB. I've never used the physical card myself just for that reason. The opportunity cost with using it isn't worth doing just for a possible CLI.

Re: Apple Card CLI

FireMedic1 — Sun, 25 Jun 2023 20:54:07 GMT

Nice. Congrats!

Re: Apple Card CLI

Catbird_Seat — Sun, 25 Jun 2023 21:14:37 GMT

@OrangeRange wrote:

@Catbird_Seat wrote:
@Jordan23ww wrote:
Just got a $3000 limit increase on my Apple Card, taking my limit from $10,850 to $13,850!

When I submitted the request I knew an increase approval would be iffy! I had just purchased a Mac Studio with upgrades and a Studio Display with an upgraded tilt arm. The purchase was taking up 54% of my card’s limit. I remember a prior conversation with Apple Card Support where they said anytime a person asks for a limit increase and they’re already using 30% or more of their card’s limit it will almost always get denied, but 29% or lower your chances of approval go up drastically!.

Every single time I’ve gotten an increase it has been on the heels of me buying a new Mac. Any other times I’ve asked I've gotten denied for not putting enough spend on the card. I have asked for multiple increases since 5/6/22 and the answer was always the same, denial, not enough spend. So far I hadn’t been willing to spend more on the card because the categories I’d be spending in gave 3% to 6% on other cards but would only garner 1% on my Apple Card because the companies don’t take Apple Pay.

Card History:

11/8/20 $2100 Starting Limit
5/24/21 $1250 CLI ($3350 new limit)
4/20/21 Wife Approved for Apple Card $5500 Starting Limit
6/27/21 Merged Card with wife ($8850 new combined limit)
2/4/22 $2000 CLI ($10,850 new limit)
6/22/23 $3000 CLI ($13,850 new limit)
Congrats on your CLI & thank you for the very informative DPs, will keep the util details for sure when it comes to asking for a CLI.
I had no idea they would merge accounts like that, good thing to keep in mind too.
You mentioned that you weren't using your Apple card because some companies don't take Apple Pay, do you not have a physical card to make purchases?
Or have you not utilized the random virtual card number they offer?
I think OP just doesn't use the physical card because it is only 1% CB. I've never used the physical card myself just for that reason. The opportunity cost with using it isn't worth doing just for a possible CLI.

I understand that point, as the OP mentioned it but the OP specifically also stated the companies don't take Apple Pay, hence why I asked them to clarify that part.

Re: Apple Card CLI

Jordan23ww — Sun, 25 Jun 2023 21:47:06 GMT

@Catbird_Seat wrote:
@Jordan23ww wrote:
Just got a $3000 limit increase on my Apple Card, taking my limit from $10,850 to $13,850!

When I submitted the request I knew an increase approval would be iffy! I had just purchased a Mac Studio with upgrades and a Studio Display with an upgraded tilt arm. The purchase was taking up 54% of my card’s limit. I remember a prior conversation with Apple Card Support where they said anytime a person asks for a limit increase and they’re already using 30% or more of their card’s limit it will almost always get denied, but 29% or lower your chances of approval go up drastically!.

Every single time I’ve gotten an increase it has been on the heels of me buying a new Mac. Any other times I’ve asked I've gotten denied for not putting enough spend on the card. I have asked for multiple increases since 5/6/22 and the answer was always the same, denial, not enough spend. So far I hadn’t been willing to spend more on the card because the categories I’d be spending in gave 3% to 6% on other cards but would only garner 1% on my Apple Card because the companies don’t take Apple Pay.

Card History:

11/8/20 $2100 Starting Limit
5/24/21 $1250 CLI ($3350 new limit)
4/20/21 Wife Approved for Apple Card $5500 Starting Limit
6/27/21 Merged Card with wife ($8850 new combined limit)
2/4/22 $2000 CLI ($10,850 new limit)
6/22/23 $3000 CLI ($13,850 new limit)
Congrats on your CLI & thank you for the very informative DPs, will keep the util details for sure when it comes to asking for a CLI.
I had no idea they would merge accounts like that, good thing to keep in mind too.
You mentioned that you weren't using your Apple card because some companies don't take Apple Pay, do you not have a physical card to make purchases?
Or have you not utilized the random virtual card number they offer?

@Catbird_Seat thank you and also you're welcome!

Yep you can merge cards with any Apple Card holder who is a part of your "Apple Family". If the person isn't in your family yet you'd need to invite them and have them join before trying to merge cards.

I have the physical card. What I meant is I have cards that give above 1% and I haven't been willing to leave money on the table settling for 1% which is what using the physical card would get me, when I could get 3% to 6% for the same transactions just by using one of my other cards with better multipliers. For example I could pay my utility bills with the Apple Card and get 1% back or I can pay with a different card and get 5%. It's just a matter of personal preference.