topic Re: Unexpected auto-CLI on Ally Unlimited in Credit Card Approvals

Unexpected auto-CLI on Ally Unlimited

cellymoon — Thu, 21 Sep 2023 04:53:19 GMT

Just posting since I don't see this card brought up that often, so I thought more data points might be good. Especially since Ally doesn't allow you to request credit line increases from their "request a credit line increase" page.

Was approved for Ally's Unlimited 2% card 7 months (205 days) ago with a $2,000 SL.

Today, I woke up to an email that I received an auto CLI of $700, pushing it to the limit of $2,700.

Thought it was interesting they did this while I had 67% utilization on the card (temporarily, used it to pay some estimated taxes last week) & the CLI was coincidentally exactly the amount needed to bring the card's utilization to 48.9%. Neat!

I've seen some DPs on auto CLIs happening at about the 6 month mark with Ally, but since it happened much closer to 7 months for me I had kinda stopped expecting anything.

Other data:

EX FICO9 (Score in Ally app) 736, FICO8s ~716
Have used Ally for most of my personal banking since 2018, including checking (w/ direct deposit setup), savings, and a small trading account.
I use the card regularly each month for pretty much all spend that doesn't fit an Amex category (insurance, utilities etc.). Monthly spend ranged between 40% - 85% of the $2000 SL.
Always pay statement balance in full; have never carried a balance/paid any interest.
2% aggregate utilization.

Woo-woo data:

Probably unrelated... but the Ally CLI came a few hours after my AMEX Hilton Surpass with an uncharacteristic $15,000 limit showed up on Experian. Also within weeks of 3 other CLIs reporting to EX: $1000 CLI on AMEX Delta Gold, $6500 CLI on Macy's Citi-Amex, and colossal $400 CLI from CapitalOne. Probably coincidental, but in my experience there's no such thing as luck. It's not a moon, etc.

Anyway thanks for reading/skimming/skipping. If anyone's interested, feel free to ask any questions about Ally card specifics, like how random and awful their payment processing times/"available credit" updating times can be—even when you're paying from an Ally checking account.

Re: Unexpected auto-CLI on Ally Unlimited

firefox100 — Thu, 21 Sep 2023 06:09:29 GMT

Congratulatioms on your ally auto cli enjoy it have fun.

Re: Unexpected auto-CLI on Ally Unlimited

JoeRockhead — Thu, 21 Sep 2023 07:32:00 GMT

Nice, congratulations!

Re: Unexpected auto-CLI on Ally Unlimited

Creditwiser — Thu, 21 Sep 2023 08:57:30 GMT

The best kind of CLI ! Congrats !

Re: Unexpected auto-CLI on Ally Unlimited

NoMoreDebt — Thu, 21 Sep 2023 10:06:22 GMT

Congrats on the CLI

Re: Unexpected auto-CLI on Ally Unlimited

Priory_Man — Thu, 21 Sep 2023 11:36:50 GMT

Congrats on the increase and thanks for the DP's

Re: Unexpected auto-CLI on Ally Unlimited

BigBS — Thu, 21 Sep 2023 15:24:57 GMT

Congrats on the CLI!

Re: Unexpected auto-CLI on Ally Unlimited

cashorcharge — Thu, 21 Sep 2023 21:30:01 GMT

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

Re: Unexpected auto-CLI on Ally Unlimited

Rdbeetle — Thu, 21 Sep 2023 21:51:59 GMT

Unexpected auto CLIs are the best!

Re: Unexpected auto-CLI on Ally Unlimited

KingRue8500 — Fri, 22 Sep 2023 23:46:07 GMT

Congrats on your Ally Unlimited Auto CLI

Re: Unexpected auto-CLI on Ally Unlimited

citymunky — Sat, 23 Sep 2023 03:26:55 GMT

Congratulations on the auto CLI, and thanks for the DPs I need to start working on trying to CLI my Ally/Ollo card so data helps.

Re: Unexpected auto-CLI on Ally Unlimited

CreditAggie — Wed, 27 Sep 2023 21:31:05 GMT

Congratulations on your Ally CLI!

Re: Unexpected auto-CLI on Ally Unlimited

citymunky — Wed, 27 Sep 2023 22:55:36 GMT

@cellymoon wrote
Always pay statement balance in full; have never carried a balance/paid any interest.

For a bit clearer DPs, when do you pay the balances? Before the statement date or after the statement post?

Re: Unexpected auto-CLI on Ally Unlimited

Creditwiser — Wed, 27 Sep 2023 22:57:55 GMT

Congrats on your auto Cli !

Re: Unexpected auto-CLI on Ally Unlimited

cellymoon — Wed, 27 Sep 2023 23:25:20 GMT

@citymunky wrote:
@cellymoon wrote
Always pay statement balance in full; have never carried a balance/paid any interest.
For a bit clearer DPs, when do you pay the balances? Before the statement date or after the statement post?

Good question, turns out it's about half and half:

3 months I've pay the balance down to $0 before the statement cuts.
3 months I've paid down the balance partially before the statement so it reports a balance under <30%. Then I pay the rest of the balance after the statement posts.

For DP, here are the balances reported on my statements since I got the card (and actual spend with $2,000 limit):

April

Spend: $1547

Statement Balance: $0

May

Spend: $1748

Statement Balance: $532

June

Spend: $925

Statement Balance: $125

July

Spend: $1056

Statement Balance: $0 (Actually -$19.06 due to cashback)

August

Spend: $1043

Statement Balance: $0

September

Spend: $832

Statement Balance: $396

Hope this helps! Thought I was allowing Ally to report a balance on the statement more frequently, but it's 50/50.