topic Re: Chase Card With Highest SL in Credit Card Applications

Chase Card With Highest SL

masspope — Sun, 22 Dec 2019 07:50:45 GMT

I was wondering what Chase card has the highest SL. I’m looking for a 10k+ SL that I can roll into an existing CFU. I’ve heard that some cobranded cards have more lenient underwriting and higher SL’s. Is that right?

I’m currently looking at the Marriott Bonvoy Bold. I’m in the “no annual fee” camp, and I don’t care about SUB or rewards. I just want the 10k+ CL to move over.

I’ve been getting “already approved“ offers in my Chase account for 7k CSP or 7k Southwest Plus, but I feel it’s kind of low since I have 3 10k/10k+ cards, one of them being a recent 10k approval. I would also have to pay AF’s on those 7k offers.

Re: Chase Card With Highest SL

AverageJoesCredit — Sun, 22 Dec 2019 12:11:15 GMT

A Chase CSR starts out at 10k minimim . Unfortunately unless you get a specific already preapproved offer with stated sl, you cant be certain of a 10k spproval. Having multiple 10k cards in ones profile doesnt mean you will be given one or is guaranteed from any lender. If you are under 5/24 just go for the Chase card that best suits your needs and roll the dice. Good luck

Re: Chase Card With Highest SL

MasonK — Sun, 22 Dec 2019 16:41:56 GMT

I'm not sure that there is a good answer for 'highest starting line', just minimum starting line based on the Visa type (standard, Signature, or Infinite). Final approval limits will be based on credit profile, bank history/relationship with spend levels and payments, etc.

The better question is which card suits your needs. If rewards and SUB don't matter, then a specific card like Bonvoy seems irrelevant next to a Freedom, but maybe I'm misunderstanding your position. If you don't get a $10k+ line at the starting point, I'm not sure what difference that makes beyond having a credit portfolio that you can flex on.

Can you give a little more context as to what your goal is?

Re: Chase Card With Highest SL

masspope — Sun, 22 Dec 2019 17:41:20 GMT

I just want a higher limit card to combine with the CFU (a "backdoor" CLI).

I'm trying to get a Visa with a 10k+ limit so that I can have 10k+ cards with each network. I'd like to use my CFU for that, but my SL (and current) from 2014 is $1200, and I heard that Chase is stingy with CLI's. I've also heard that Chase gives bigger SL's with new cards, and some (all?) cobrands give SL's that are even higher than straight Chase cards. So I'm just trying to find a card that's most likely to reach 10k that I could combine into my CFU.

My stats:

FICO 8 between 772 and 792 in the past month

1 INQ each - TU, EX, EQ

Income: $35k

Discover It: $13700

Amex BCE: $11400

CO SavorOne (MC): $10000
CO Quicksilver (Visa): $2500 (CLI's denied, possibly in starter bucket, SD, want to combine with SavorOne once it's allowed again)

CFU (Visa): $1200 <--(I want this to be my primary Visa at 10k+.)

Re: Chase Card With Highest SL

MasonK — Sun, 22 Dec 2019 17:35:55 GMT

@masspope wrote:
I'm just trying to get a Visa with a 10k+ limit so that I can have 10k+ cards with each network.

That's a fair answer.

My experience with Chase (which is true for all my issuers) is to use their card. A lot. When they see a lot of swipes and a lot of spend, they will roll out the red carpet. My only personal DPs with Chase are an Amazon Prime card opened 5/19 @$6500. Ran all spend through it and got an auto-CLI to $7,500 after 3 months. I kept jamming all spend through it for 7 months and just got a CSP for $15.2k. That is my first ever CL over $10k between Discover, CapOne, Goldman, Synchrony, and Chase.

Use your Chase card a lot, and in three months, go for a CSP or CSR (if those fit your lifestyle).

Re: Chase Card With Highest SL

MasonK — Sun, 22 Dec 2019 17:39:54 GMT

Sorry- juggling a few threads right now and forgot this was a no-AF question. Ignore the CSP/CSR part.

I think you'll probably get a decent enough SL on any Chase card given your other cards. You might need to move lines around a bit. The only way you'll know is if you take a bite at the apple.

Re: Chase Card With Highest SL

masspope — Sun, 22 Dec 2019 17:52:10 GMT

No need to apologize. Thanks for the help. I'm planning to go for it in about a year. I have a possible car loan coming up in about 6 months, and I just got SavorOne, so I need to garden for the moment. I just thought since I had a "big boy" job and "big boy" expenses, I should have big boy credit limits to go along with them.

Re: Chase Card With Highest SL

Remedios — Sun, 22 Dec 2019 19:23:49 GMT

Occam's razor solution .. ask for a CLI
Why are you thinking about getting a card you cant use, lower your AAoA, get a possible new account ding when a CLI request would serve the same purpose
Your "backdoor CLI" as you described it will still incur HP, so you might as well just ask for one
Save new accounts for the cards you actually intend to use.

Re: Chase Card With Highest SL

masspope — Sun, 22 Dec 2019 19:51:51 GMT

I'm just concerned about the amount of the CLI. From what I've heard, Chase gives stingy CLI's, if they give them at all, and the numbers I've seen are typically a doubling of the CL. (I don't think Chase would do a CLI from $1200 to $10000 or anything close.)

Re: Chase Card With Highest SL

coldfusion — Sun, 22 Dec 2019 20:57:26 GMT

If you really want to adopt a go-big-or-go-home strategy with Chase you're looking at the likes of a CSR ($10K min SL) or United Club ($15K min SL). You've already said that you follow a no-AF paradigm which is totally reasonable but that isn't compatible with acquiring a Chase card whose approval comes with a guaranteed 5-figure SL.

As Remedios pointed out, you can always apply for a CLI. If you aren't satisfied with the result you can call them and ask for a reconsideration.

Re: Chase Card With Highest SL

masspope — Mon, 23 Dec 2019 05:10:57 GMT

I guess I'll try the CLI and recon route in a year (after any possible car loan approvals), and then, go from there. Hopefully, things go well.

Just out of curiosity, do CLI HP's affect future CC apps like CC app HP's do? I know that 6 months between CC apps is recommended, but what about between CLI HP's and CC apps?

Re: Chase Card With Highest SL

Remedios — Mon, 23 Dec 2019 14:48:54 GMT

Some lenders are sensitive to presence of excessive HP, but in general, HPs have less impact on future approvals than new accounts.

Re: Chase Card With Highest SL

Aim_High — Tue, 24 Dec 2019 03:29:12 GMT

@Remedios wrote:
Why are you thinking about getting a card you cant use, lower your AAoA, get a possible new account ding when a CLI request would serve the same purpose
Your "backdoor CLI" as you described it will still incur HP, so you might as well just ask for one
Save new accounts for the cards you actually intend to use.

Sorry, Remy, but I have to side with OP on this one. I've been with Chase for 20 years. They *ARE* very stingy on CLIs in my experience, although they might not if you used a card heavily. (I did not.) They did hard pulls on me and then declined me for CLIs. I had given up on getting higher with them. On the other hand, doing the "backdoor" CLI method and applying for five new cards in 18 months with them (all approved) has given me a total line to combine in the future of $138,400, my most generous total credit line lender.

OP, I would suggest any of the "travel" cards including sapphires, hotels, and airlines.

My SLs on three of those were all very good starting limits:

Chase Sapphire Reserve - SL $35K

Chase Marriott Bonvoy Boundless - SL $33K

Chase World of Hyatt - SL $30K

*I've already moved some of my CLs around.

Limits on the non-travel cards tend to be approved lower, from my experience.

I originally had a Slate Visa that was PC'd to CFU.

And I later had an Amazon Visa that I closed and moved limits to CFU.

Currently:

CSR: $55K

CFU: $29.4K

CF: $25K

Marriott: $10K

Hyatt: $10K

INK Cash: $9K

Re: Chase Card With Highest SL

masspope — Tue, 24 Dec 2019 09:55:53 GMT

Thanks for the info, Aim_High. I was kind of suspecting that.

Re: Chase Card With Highest SL

Remedios — Tue, 24 Dec 2019 15:09:11 GMT

@masspope wrote:
Thanks for the info, Aim_High. I was kind of suspecting that.

Great info, but I'm afraid it's really not applicable to you.

I'm going to be honest here...

Look at @Aim_High signature. Does your length of credit history matches?

Are your limits comparable to his? Income?

The answers are probably no.

You want $10K. To a lot of us, AH included, that's a disappointing limit, unless simply sub chasing, in which case it's almost irrelevant. I'm only mentioning that because it clearly shows you're not at the same stage of credit building.

You're also opposed to paying AF. Now look at their profile and add those AFs

Again, two clearly very different profiles.

Also, AH hasn't mentioned how much spend Chase sees from him.

In a nutshell, it's a generalization. It's true some get low CLIs from Chase. Others double their limit.

If you dont want useless cards, you will take a HP or two. Some cards require "work" to grow.

"Apply for a new card" is not the right answer for everyone.

You can try brute force via new apps, or you can play it smart and save new apps for when you actually need new accounts, especially ones with 0% intro should you have large purchases or expenses you did not count on. You might get denied for a card you actually need because you applied for one you dont.

Last thing you want to do is fall for "it worked for them, it will work for me". It wont.

Good luck however you decide to proceed.

Re: Chase Card With Highest SL

FinStar — Tue, 24 Dec 2019 18:55:43 GMT

@Remedios wrote:
@masspope wrote:
Thanks for the info, Aim_High. I was kind of suspecting that.
Great info, but I'm afraid it's really not applicable to you.
I'm going to be honest here...

Look at @Aim_High signature. Does your length of credit history matches?
Are your limits comparable to his? Income?
The answers are probably no.

You want $10K. To a lot of us, AH included, that's a disappointing limit, unless simply sub chasing, in which case it's almost irrelevant. I'm only mentioning that because it clearly shows you're not at the same stage of credit building.
You're also opposed to paying AF. Now look at their profile and add those AFs
Again, two clearly very different profiles.
Also, AH hasn't mentioned how much spend Chase sees from him.

In a nutshell, it's a generalization. It's true some get low CLIs from Chase. Others double their limit.
If you dont want useless cards, you will take a HP or two. Some cards require "work" to grow.
"Apply for a new card" is not the right answer for everyone.

You can try brute force via new apps, or you can play it smart and save new apps for when you actually need new accounts, especially ones with 0% intro should you have large purchases or expenses you did not count on. You might get denied for a card you actually need because you applied for one you dont.

Last thing you want to do is fall for "it worked for them, it will work for me". It wont.

Good luck however you decide to proceed.

+1 great advice here OP.

Re: Chase Card With Highest SL

masspope — Tue, 24 Dec 2019 23:14:13 GMT

@Remedios — I’ll definitely take that into consideration. Thanks for the info.

Re: Chase Card With Highest SL

Anonymous — Wed, 25 Dec 2019 01:06:15 GMT

@masspope wrote:
I was wondering what Chase card has the highest SL. I’m looking for a 10k+ SL that I can roll into an existing CFU.

I’ve been getting “already approved“ offers in my Chase account for 7k CSP or 7k Southwest Plus, but I feel it’s kind of low since I have 3 10k/10k+ cards, one of them being a recent 10k approval.

These "offers" are exactly what Chase feels you're qualified for. They have nothing to do with CL's at other Banks. I have a $20K Discover, but still only get $8-12K SL with other Banks. So I don't believe that apping a new card with them is going to net you anything different. That said, if info in your profile has changed for the better since the last CR they pulled. You might get higher than $7K

Chase also isn't gonna like you opening a new account just to move the CL over to a differnt card then SD the new one. People do it, sure. But that's no way to get on their good customer list.

@masspope wrote:
I just want a higher limit card to combine with the CFU (a "backdoor" CLI).

I'm trying to get a Visa with a 10k+ limit so that I can have 10k+ cards with each network. I'd like to use my CFU for that, but my SL (and current) from 2014 is $1200, and I heard that Chase is stingy with CLI's. I've also heard that Chase gives bigger SL's with new cards, and some (all?) cobrands give SL's that are even higher than straight Chase cards. So I'm just trying to find a card that's most likely to reach 10k that I could combine into my CFU.

My stats:

FICO 8 between 772 and 792 in the past month
1 INQ each - TU, EX, EQ
Income: $35k

Discover It: $13700
Amex BCE: $11400
CO SavorOne (MC): $10000
CO Quicksilver (Visa): $2500 (CLI's denied, possibly in starter bucket, SD, want to combine with SavorOne once it's allowed again)
CFU (Visa): $1200 <--(I want this to be my primary Visa at 10k+.)

Is this in order of how you aquired them? If so, notice the trend? I definitely don't see a $10K+ approval in the cards at this time.

Also I'd like to reiterate that Chase isn't going to like you opening a new card just to reallocate CL's. I would suggest you use the CFU as your daily driver, and PIF while gardening. Then in 6 months ask for a CLI. If it's lower than expected try recon and explain why you need a $10K CL.

Sometimes thse things need human interaction, as there's not much negotiating with a computer.

Re: Chase Card With Highest SL

masspope — Wed, 25 Dec 2019 01:57:55 GMT

@Janus — Good to know.

I actually acquired the cards in this order:

Discover It - $13700, multiple auto-CLI’s
CO Journey PC’d to Quicksilver - $2500, Credit Steps CLI, then no dice
CF PC’d to CFU - $1200, no CLI ever
Amex BCE - $11400, auto and requested CLI
CO SavorOne - $10000 SL

So it seems like CO Quicksilver and CFU are just the stragglers.

Re: Chase Card With Highest SL

SouthJamaica — Wed, 25 Dec 2019 02:23:34 GMT

@masspope wrote:
I was wondering what Chase card has the highest SL. I’m looking for a 10k+ SL that I can roll into an existing CFU. I’ve heard that some cobranded cards have more lenient underwriting and higher SL’s. Is that right?

I’m currently looking at the Marriott Bonvoy Bold. I’m in the “no annual fee” camp, and I don’t care about SUB or rewards. I just want the 10k+ CL to move over.

I’ve been getting “already approved“ offers in my Chase account for 7k CSP or 7k Southwest Plus, but I feel it’s kind of low since I have 3 10k/10k+ cards, one of them being a recent 10k approval. I would also have to pay AF’s on those 7k offers.

I've gotten 3 Chase cards, and the one with the highest starting limit -- by far -- was the Hyatt card.