topic Re: CSR CLI $10k to $12k with 75% UTI in Credit Card Approvals

CSR CLI $10k to $12k with 75% UTI

Cookiedough — Sun, 01 Jun 2025 06:45:56 GMT

As the title says, I was shocked when Chase approved an incremental increase in 2k on my Chase Sapphire Reserve with utilization of 75% on the card. Across the board, UTI was 39%. To be honest, that card had even bigger rates since the end of 2023, almost maxed out. I was 3/24 at the moment.

I have had the card for about 3 years now, and it was the first CLI.

Re: CSR CLI $10k to $12k with 75% UTI

mgood — Sun, 01 Jun 2025 11:15:20 GMT

Congrats!

Hard to figure out their reasoning sometimes. Maybe they just saw it as you using your credit but paying it down, so they approved a higher limit.

Re: CSR CLI $10k to $12k with 75% UTI

TrapLine — Sun, 01 Jun 2025 12:18:06 GMT

WOW!

JP Morgan Chase has sure been a 'changin' ... I can remember not to long ago when credit limit increases were like pulling teeth, too many new accounts was not good, over utilization was not to be. Yet, around this Forum we are seeing a new Chase (for the moment).

They even have only a 4 Star Rating on Bauer Financial. Unusual. Will say, one of their stated goals was to achieve JP Morgan Chase presence in all 50 states and I think they made 48 states and the District of Columbia.

Very interesting!

Re: CSR CLI $10k to $12k with 75% UTI

Cookiedough — Sun, 01 Jun 2025 16:37:22 GMT

@mgood wrote:
Congrats!
Hard to figure out their reasoning sometimes. Maybe they just saw it as you using your credit but paying it down, so they approved a higher limit.

Thank you, @mgood!
I think my consistency in payments helped. Even though it was at 75%, I paid more than just minimum payments.

I use the card mostly for dining out and car rentals. My average account age is around 6 years, and has 3 hard pulls.

Re: CSR CLI $10k to $12k with 75% UTI

Cookiedough — Sun, 01 Jun 2025 16:43:46 GMT

@TrapLine wrote:
WOW!

JP Morgan Chase has sure been a 'changin' ... I can remember not to long ago when credit limit increases were like pulling teeth, too many new accounts was not good, over utilization was not to be. Yet, around this Forum we are seeing a new Chase (for the moment).

They even have only a 4 Star Rating on Bauer Financial. Unusual. Will say, one of their stated goals was to achieve JP Morgan Chase presence in all 50 states and I think they made 48 states and the District of Columbia.

Very interesting!

True, it was an unusual decision. Maybe it overspent on construction and is looking to get more interest, lol. Chase just got himself a new headquarters in New York. It is a beautiful building, and it uses 100% renewable energy and is built from recycled skyscrapers.

Re: CSR CLI $10k to $12k with 75% UTI

Gregory1776 — Mon, 02 Jun 2025 02:29:01 GMT

Are you carrying a balance on it or PIF, spending 7k a month?

Re: CSR CLI $10k to $12k with 75% UTI

cashorcharge — Mon, 02 Jun 2025 20:07:14 GMT

Nicely done!! Congratulations on your Approval!!👏🏼🍾🥂

Re: CSR CLI $10k to $12k with 75% UTI

dfwxjer — Tue, 03 Jun 2025 14:21:38 GMT

@Cookiedough wrote:

@mgood wrote:
Congrats!
Hard to figure out their reasoning sometimes. Maybe they just saw it as you using your credit but paying it down, so they approved a higher limit.
Thank you, @mgood!
I think my consistency in payments helped. Even though it was at 75%, I paid more than just minimum payments.
I use the card mostly for dining out and car rentals. My average account age is around 6 years, and has 3 hard pulls.

Your card is at 75% utilization and you're still using it for dining out and car rentals? Or are you PIF'ing ~$7k every month?

Wild to me to lose ~$200 a month in interest if you're not PIF'ing.

Re: CSR CLI $10k to $12k with 75% UTI

Cookiedough — Wed, 04 Jun 2025 05:12:17 GMT

@Gregory1776 wrote:
Are you carrying a balance on it or PIF, spending 7k a month?

I carried a balance for the past year.

Re: CSR CLI $10k to $12k with 75% UTI

Gregory1776 — Wed, 04 Jun 2025 05:22:42 GMT

@Cookiedough wrote:

@Gregory1776 wrote:
Are you carrying a balance on it or PIF, spending 7k a month?
I carried a balance for the past year.

I hope you get that paid off soon..... but someone has to pay for our rewards. 😂:/

if you have to carry, a low APR is better. I'm no saint. Carried a balance on BCP so...

Re: CSR CLI $10k to $12k with 75% UTI

Cookiedough — Wed, 04 Jun 2025 05:27:52 GMT

Thank you! I PIF recently. But it was a long ride.

Re: CSR CLI $10k to $12k with 75% UTI

Gregory1776 — Thu, 05 Jun 2025 01:31:04 GMT

@Cookiedough

That's good. It feels amazing not having to pay on a credit card.