topic Re: GS is a funny bunch when it comes to CLI's on Apple Card in Credit Card Applications

GS is a funny bunch when it comes to CLI's on Apple Card

1GaDawg85 — Wed, 21 Jul 2021 04:36:16 GMT

Since it just passed 90 days since my last increase with GS, I figured to give them a shot since I just scored with Sync & AMEX in last 24 hours.

Well, no dice and the reason is pretty funny, to be honest.

You have not used and paid enough of your Apple Card credit limit since your last credit limit increase

So I have technically used around 300 this month (with 49 of that still pending), around 200 in June, 250 in May out of the 7.5k credit limit. Yea, I am not a big spender but **bleep**. I guess I should have waited for the July statement to post before asking.

Eh, I will try again later

Re: GS is a funny bunch when it comes to CLI's on Apple Card

AlanGJP — Wed, 21 Jul 2021 05:57:36 GMT

From what I'm reading/experiencing GS is like CO in that they like to see high usage. My last increase (my first) bumped me to $6.5k from $3k. I put just over $1k/mo on it, each of the 3 months (all PIF) before requesting a CLI. I'm thinking a 1/3rd CL is about what they like to bump you. (I've been looking at a lot of DP)

I'm not using my apple card much right now and I'm not sure I'll bother throwing anything at it in the short term. I'm focused on getting my Amex cards up and having just had my final baddie age off, GS isn't really on my radar.

My suggestion would be to aim for ~33% if you want a nice bump. Failing that and assuming you're not working on any other cards - push whatever your normal monthly spend on any other cards through it for a couple/few months and try again. Higher the better - PIF each month of course and you should see a nice CLI.

Re: GS is a funny bunch when it comes to CLI's on Apple Card

GrainFan — Wed, 21 Jul 2021 15:36:07 GMT

Yep I'm in the same boat as you. I got a $500 CLI ($6k -> $6.5k) after the first three-ish months with usage of $83, $61, $310, and $300 usage. I recently requested a CLI after the 91 day period, and got the same denial reason. My usage these most recent three months has been $400, $390, then $670. Still not enough for GS, I suppose.

Re: GS is a funny bunch when it comes to CLI's on Apple Card

1GaDawg85 — Wed, 21 Jul 2021 15:36:08 GMT

@AlanGJP wrote:
From what I'm reading/experiencing GS is like CO in that they like to see high usage. My last increase (my first) bumped me to $6.5k from $3k. I put just over $1k/mo on it, each of the 3 months (all PIF) before requesting a CLI. I'm thinking a 1/3rd CL is about what they like to bump you. (I've been looking at a lot of DP)

I'm not using my apple card much right now and I'm not sure I'll bother throwing anything at it in the short term. I'm focused on getting my Amex cards up and having just had my final baddie age off, GS isn't really on my radar.

My suggestion would be to aim for ~33% if you want a nice bump. Failing that and assuming you're not working on any other cards - push whatever your normal monthly spend on any other cards through it for a couple/few months and try again. Higher the better - PIF each month of course and you should see a nice CLI.

I would like to grow it more but I have my AOD 3% that catches most of my spend whereas I use my Apple Card for UE and Apple purchases (might buy my next iPhone with the card)

Re: GS is a funny bunch when it comes to CLI's on Apple Card

Anonymous — Wed, 21 Jul 2021 16:30:47 GMT

@1GaDawg85 wrote:
@AlanGJP wrote:
From what I'm reading/experiencing GS is like CO in that they like to see high usage. My last increase (my first) bumped me to $6.5k from $3k. I put just over $1k/mo on it, each of the 3 months (all PIF) before requesting a CLI. I'm thinking a 1/3rd CL is about what they like to bump you. (I've been looking at a lot of DP)

I'm not using my apple card much right now and I'm not sure I'll bother throwing anything at it in the short term. I'm focused on getting my Amex cards up and having just had my final baddie age off, GS isn't really on my radar.

My suggestion would be to aim for ~33% if you want a nice bump. Failing that and assuming you're not working on any other cards - push whatever your normal monthly spend on any other cards through it for a couple/few months and try again. Higher the better - PIF each month of course and you should see a nice CLI.
I would like to grow it more but I have my AOD 3% that catches most of my spend whereas I use my Apple Card for UE and Apple purchases (might buy my next iPhone with the card)

I purchased the I-12 in May of this year. I must say I am not a fan. I think an android is a better choice.

Thanks

Mark

Re: GS is a funny bunch when it comes to CLI's on Apple Card

1GaDawg85 — Wed, 21 Jul 2021 17:17:25 GMT

@Anonymous wrote:
@1GaDawg85 wrote:
@AlanGJP wrote:
From what I'm reading/experiencing GS is like CO in that they like to see high usage. My last increase (my first) bumped me to $6.5k from $3k. I put just over $1k/mo on it, each of the 3 months (all PIF) before requesting a CLI. I'm thinking a 1/3rd CL is about what they like to bump you. (I've been looking at a lot of DP)

I'm not using my apple card much right now and I'm not sure I'll bother throwing anything at it in the short term. I'm focused on getting my Amex cards up and having just had my final baddie age off, GS isn't really on my radar.

My suggestion would be to aim for ~33% if you want a nice bump. Failing that and assuming you're not working on any other cards - push whatever your normal monthly spend on any other cards through it for a couple/few months and try again. Higher the better - PIF each month of course and you should see a nice CLI.
I would like to grow it more but I have my AOD 3% that catches most of my spend whereas I use my Apple Card for UE and Apple purchases (might buy my next iPhone with the card)
I purchased the I-12 in May of this year. I must say I am not a fan. I think an android is a better choice.
Thanks
Mark

I will probably wait for the iPhone 13 to be announced before making any moves as I have the SE 2nd gen right now which is an awesome device for me but would like a bigger screen.

Re: GS is a funny bunch when it comes to CLI's on Apple Card

AlanGJP — Wed, 21 Jul 2021 17:37:55 GMT

@1GaDawg85 wrote:
I will probably wait for the iPhone 13 to be announced before making any moves as I have the SE 2nd gen right now which is an awesome device for me but would like a bigger screen.

I'm a software developer. I'm still daily driving the 11 pro max. The 12 didn't offer enough (for me) to justify an upgrade while on a 2 year cycle with Verizon. Also have an M1 Macbook Pro, M1 Mac Mini and an iPad Pro 11 (not M1 - a couple years old now). I'm crossing my fingers they switch iPhone to M1 (or equiv when they do).

Re: GS is a funny bunch when it comes to CLI's on Apple Card

1GaDawg85 — Wed, 21 Jul 2021 19:39:58 GMT

@AlanGJP wrote:
@1GaDawg85 wrote:
I will probably wait for the iPhone 13 to be announced before making any moves as I have the SE 2nd gen right now which is an awesome device for me but would like a bigger screen.
I'm a software developer. I'm still daily driving the 11 pro max. The 12 didn't offer enough (for me) to justify an upgrade while on a 2 year cycle with Verizon. Also have an M1 Macbook Pro, M1 Mac Mini and an iPad Pro 11 (not M1 - a couple years old now). I'm crossing my fingers they switch iPhone to M1 (or equiv when they do).

That is my hope as well. The M series seems to be a very stable chipset for them but we shall see what happens if they try to bring it to mobile.

Re: GS is a funny bunch when it comes to CLI's on Apple Card

Anonymous — Thu, 22 Jul 2021 17:34:44 GMT

I think their reason makes sense. If you don't use the card enough, there is no reason to grant a credit limit increase. Based on what people have posted before, they like to see at least 25% credit limit usage for decent CLIs.

Re: GS is a funny bunch when it comes to CLI's on Apple Card

LADave — Fri, 17 Jun 2022 06:19:27 GMT

@Anonymous wrote:
I think their reason makes sense. If you don't use the card enough, there is no reason to grant a credit limit increase. Based on what people have posted before, they like to see at least 25% credit limit usage for decent CLIs.

I found this thread after getting the dreaded GS email with the dreaded "You have not used and paid enough of your Apple Card credit limit since your last credit limit increase" message tonight. I know this is an old thread, but I found it intriguing that it included advice to try for 1/3 out 1/4 of your credit line between CLIs. I'm wondering if that's more crucial than 90 or 91 days with GS.

I tried for a CLI this morning exactly 91 days and 12 minutes since my last one. And I've just determined that I'm a mere $26.81 in charges away from having used 1/3 of my current credit line since my last CLI. It's clear that using 1/4 of my CL wasn't enough in my case.

As an experiment, I'm going to try waiting until I've charged (and paid off) at least $26.81 in additional charges before asking for a CLI again. I'll update the thread here to let everyone know what happened.