topic Re: GM Rewards CC does not offer CLI in Credit Card Applications

GM Rewards CC does not offer CLI

Rockysocks — Fri, 11 Mar 2022 07:34:01 GMT

Just a small PSA: At the moment, this newly introduced card does not have an option for a credit line increase, even when requested with an agent. Per a chat with an agent,

"The card will be offering limit increases in the future just not at this time because the conversion from Capital One is so new. I'm sure that we will be able to offer this to you within a few more months. You can certainly check back with us anytime either via chat or by phone 24/7 at (1-833-773-0988)."

I thought the conversion was over on like February 22? Or did I just make that up?

Anyway, just wanted to let y'all know.

Re: GM Rewards CC does not offer CLI

AverageJoesCredit — Fri, 11 Mar 2022 11:15:51 GMT

@Rockysocks wrote:
Just a small PSA: At the moment, this newly introduced card does not have an option for a credit line increase, even when requested with an agent. Per a chat with an agent,
"The card will be offering limit increases in the future just not at this time because the conversion from Capital One is so new. I'm sure that we will be able to offer this to you within a few more months. You can certainly check back with us anytime either via chat or by phone 24/7 at (1-833-773-0988)."
I thought the conversion was over on like February 22? Or did I just make that up?
Anyway, just wanted to let y'all know.

Good info, I'm sure people can contain themselves from not receiving a $100 increase😆

Re: GM Rewards CC does not offer CLI

EAJuggalo — Fri, 11 Mar 2022 12:44:55 GMT

Just came here to find this information. I just received my new card on Tuesday, logged in this morning to give them one chance to give a CLI before I let it die. I'll check every month or so until they either close the account with me never having used it or give a CLI to a usable number.

Re: GM Rewards CC does not offer CLI

FinStar — Fri, 11 Mar 2022 21:17:44 GMT

@Rockysocks wrote:
Just a small PSA: At the moment, this newly introduced card does not have an option for a credit line increase, even when requested with an agent. Per a chat with an agent,
"The card will be offering limit increases in the future just not at this time because the conversion from Capital One is so new. I'm sure that we will be able to offer this to you within a few more months. You can certainly check back with us anytime either via chat or by phone 24/7 at (1-833-773-0988)."
I thought the conversion was over on like February 22? Or did I just make that up?
Anyway, just wanted to let y'all know.

It is too new of a product for Marcus by Goldman Sachs. And, while it may have had a previous life under Capital One (including its former rewards structure), the MbGS servicing platform is still considered new. So, even if the [GM BuyPower] conversion took place less than a few weeks ago, this will be no different than when the GS/Apple Card started offering CLIs once the system had the capability.

Re: GM Rewards CC does not offer CLI

Goos — Fri, 22 Apr 2022 19:48:45 GMT

The business version has a mechanism for cli , if your limit is over 20k you have to wait 4 months , under 20k 6 months . So I assume the personal version will get it soon.

Re: GM Rewards CC does not offer CLI

Aim_High — Sat, 23 Apr 2022 02:16:59 GMT

@EAJuggalo wrote:
Just came here to find this information. I just received my new card on Tuesday, logged in this morning to give them one chance to give a CLI before I let it die. I'll check every month or so until they either close the account with me never having used it or give a CLI to a usable number.

What SL did they give you, @EAJuggalo? Keep in mind that this card may turn out to be like Apple card from Goldman Sachs. Most of us were disappointed in the SLs with Apple card relative to our other limits. However, with some dedicated usage, the Apple card would grow like wildfire and CLIs could be requested every 91 days with a soft pull. My favorite success story with Apple card is @CreditAggie whose limit grew from $250 to $12,000, a total 48X the original CL. It may not grow at all with no usage, but if it's like Apple card, it's well worth giving it an honest try.

Re: GM Rewards CC does not offer CLI

EAJuggalo — Sat, 23 Apr 2022 22:46:15 GMT

@Aim_High I've had the card for a few years. It is at $500. I'm willing to give Goldman a chance to give me an increase to something usable, otherwise I'm just going to let it die.

Re: GM Rewards CC does not offer CLI

JAR1979 — Sun, 16 Oct 2022 03:30:58 GMT

Just left a chat session with Marcus and asked what the CLI request situation looked like at this point. Same answer you received. I was really hoping that Marcus would finally get my GM card moving in the right direction. Cap1 would never budge on any CLI request. I love the virtual card feature with Marcus but this low limit doesn't give me the spending power I neee to use it. Hopefully this changes soon enough.

Re: GM Rewards CC does not offer CLI

RealEstateGuy89 — Sun, 16 Oct 2022 15:27:31 GMT

@JAR1979 wrote:
Just left a chat session with Marcus and asked what the CLI request situation looked like at this point. Same answer you received. I was really hoping that Marcus would finally get my GM card moving in the right direction. Cap1 would never budge on any CLI request. I love the virtual card feature with Marcus but this low limit doesn't give me the spending power I neee to use it. Hopefully this changes soon enough.

Did you miss Finstar's response above?

Re: GM Rewards CC does not offer CLI

JAR1979 — Sat, 22 Oct 2022 07:47:05 GMT

Nope. Finstars response above was posted back in March. I wanted to see if MbGS reps were offering any additional info on timeline is all. 🤙🏼