topic Re: Upcoming Auto-CLI on my CFU in Credit Card Applications

Upcoming Auto-CLI on my CFU

Mdowning30 — Tue, 03 May 2022 16:51:44 GMT

June/July will be my 6 month mark with my Freedom Unlimited, depending on how long my account was opened or my first statement ? Anyway looking forward to that but how much should i be expecting ? Would it be $1000-$1500 be a good low ball guess ? I been seeing up to $2000 with some people.

Re: Upcoming Auto-CLI on my CFU

OmarGB9 — Tue, 03 May 2022 17:07:22 GMT

Chase auto-CLI isn't guaranteed. I'd temper expectations.

Re: Upcoming Auto-CLI on my CFU

zerofire — Tue, 03 May 2022 17:17:01 GMT

Umm...zero? Chase is known to continually review accounts. They however are only known to do auto-CLi's once in a blue moon. There is good reason any normal request is a HP. It is literally better just to apply for another card than ask for an increase. Also your scores say that your risky and should be limited in exposure for the time being.

Re: Upcoming Auto-CLI on my CFU

FinStar — Tue, 03 May 2022 22:57:28 GMT

@OmarGB9 wrote:
Chase auto-CLI isn't guaranteed. I'd temper expectations.

This ^^^

Generally, Chase auto-CLIs are not very frequent and sporadic -- they can occur at different intervals, whether it's 6 months, 8, 10, 12, etc. There is really not much to gauge because these automatic decisions are algorithmic and not all accounts receive an auto-CLI despite usage and periodic reviews. You can place yourself on the radar for consideration by using the account quite a bit, though.

Re: Upcoming Auto-CLI on my CFU

Mdowning30 — Tue, 03 May 2022 23:56:39 GMT

I hit my sign up bonus in 2 weeks and put about $2000 through it so far

Re: Upcoming Auto-CLI on my CFU

babygirl1256 — Wed, 04 May 2022 00:36:24 GMT

I really don't believe it's an auto-CLI with Chase. I have 2 cards (Slate since Mar 2011 and the Sapphire Preferred since Jun 2021) and I haven't received an auto-CLI on either card. Chase pulled Experian and Equifax but I still have a $400.00 paid charge off on Equifax that will purge 12/1/2022 and my scores are 800s except for Equifax . . . so don't think a CLI will automatically happen because it might not. I didn't want another hard pull so my CSP card is still at the starting limit of $21k. Best wishes on obtaining your desired credit limit.

Re: Upcoming Auto-CLI on my CFU

OmarGB9 — Wed, 04 May 2022 06:03:47 GMT

@Mdowning30 wrote:
I hit my sign up bonus in 2 weeks and put about $2000 through it so far

To be honest, $2000 in about 4/5 months isn't all that much. That's between $400-$500 a month. If your current limit is only $500, then that means your approval was borderline to begin with. I'd suggest just keep using the card and paying it off and hope Chase gives you that auto-CLI at some point (but I wouldn't expect it at 6 months). Or, keep using the card and go for an HP CLI after at least 12 months, IMO.

Re: Upcoming Auto-CLI on my CFU

bigseegar — Wed, 04 May 2022 11:50:54 GMT

@OmarGB9 wrote:
@Mdowning30 wrote:
I hit my sign up bonus in 2 weeks and put about $2000 through it so far
To be honest, $2000 in about 4/5 months isn't all that much. That's between $400-$500 a month. If your current limit is only $500, then that means your approval was borderline to begin with. I'd suggest just keep using the card and paying it off and hope Chase gives you that auto-CLI at some point (but I wouldn't expect it at 6 months). Or, keep using the card and go for an HP CLI after at least 12 months, IMO.

^^^And This too^^^. Almost all of your posts are about trying to get a high limit on a credit card, yet according to your signature line you only have a secured card and the Chase with a very small $500 CL meaning as said you barely got in. So as also said temper high CL or CLI expectations and just take 6 months to a year to work the cards you do have with solid usage and solid monthly PIF and you eventually get where you want to be. Remember Credit building/Re-Building is a Marathon not a Sprint, it doesn't happen fast and takes time.

Re: Upcoming Auto-CLI on my CFU

Mdowning30 — Wed, 04 May 2022 12:53:35 GMT

Im understanding this the hard way, starting my credit card journey late in the game at 30 years old and dealing with the "messy middle" its frustrating.

Re: Upcoming Auto-CLI on my CFU

bigseegar — Wed, 04 May 2022 13:26:57 GMT

@Mdowning30 wrote:
Im understanding this the hard way, starting my credit card journey late in the game at 30 years old and dealing with the "messy middle" its frustrating.

Shoot, I had to start over older than that! Yeah you're in that messy part but keep your head up and keep working on it. We've all been where you are now! Done right though it keeps getting better and easier though. Good luck!!

Re: Upcoming Auto-CLI on my CFU

OmarGB9 — Wed, 04 May 2022 13:30:55 GMT

@Mdowning30 wrote:
Im understanding this the hard way, starting my credit card journey late in the game at 30 years old and dealing with the "messy middle" its frustrating.

Understandable, but just stay the course and you'll slowly build up to good credit. I'm 28 and having yo rebuild already, and it wasn't even due to going on crazy shopping sprees or anything; I simply overextended myself trying to help family out and am now paying the price. But I digress. Anyway, as they say, credit is a marathon, not a sprint, so patience is key.

Re: Upcoming Auto-CLI on my CFU

Mdowning30 — Fri, 06 May 2022 13:43:16 GMT

Not concerned anymore lol Thanks to my 2 approvals with Discover and Amex ! Going to the garden now for sure

Re: Upcoming Auto-CLI on my CFU

RobynJ — Fri, 06 May 2022 21:00:38 GMT

@Mdowning30 wrote:
Not concerned anymore lol Thanks to my 2 approvals with Discover and Amex ! Going to the garden now for sure

Be careful, Chase has and WILL AA for credit seeking. You're in with a good CCC but can easily lose it if you keep app'ing just an fyi. I don't have much room to talk as I did similar but the only difference I think is mine are all secured and I have no baddies. I'm in the garden now and can't wait for 6-12 months go by.

Re: Upcoming Auto-CLI on my CFU

SPChaser — Tue, 10 May 2022 00:47:57 GMT

Pre-COVID, I've had as high as $7000 for a auto-CLI, and post-COVID, as high as $5000. Of course, this would only be possible with heavy spend. Chase loves the swipes.

P.S.edited for further clarification.

Re: Upcoming Auto-CLI on my CFU

Anonymous — Tue, 10 May 2022 02:20:00 GMT

@RobynJ wrote:
@Mdowning30 wrote:
Not concerned anymore lol Thanks to my 2 approvals with Discover and Amex ! Going to the garden now for sure
Be careful, Chase has and WILL AA for credit seeking. You're in with a good CCC but can easily lose it if you keep app'ing just an fyi. I don't have much room to talk as I did similar but the only difference I think is mine are all secured and I have no baddies. I'm in the garden now and can't wait for 6-12 months go by.

I wonder if my CFF hasn't gotten an increase bc I apped for 5 more cards after getting it on Sep. last year lol. Maybe should be thankful that I didn't lose it in the 1st place? But all other cards got an increase except Best Buy which I used only once. Maybe I'll get it after 9 months(currently it's 7 months). This card has been my daily driver, heavy spend throughout, PIF many times per month.

Anyway I salute your prudence, I didn't know anything last year lol, hence indiscriminate apping and getting declined, into January this year.

Re: Upcoming Auto-CLI on my CFU

Anonymous — Tue, 10 May 2022 11:35:46 GMT

@FinStar wrote:
@OmarGB9 wrote:
Chase auto-CLI isn't guaranteed. I'd temper expectations.
This ^^^

Generally, Chase auto-CLIs are not very frequent and sporadic -- they can occur at different intervals, whether it's 6 months, 8, 10, 12, etc. There is really not much to gauge because these automatic decisions are algorithmic and not all accounts receive an auto-CLI despite usage and periodic reviews. You can place yourself on the radar for consideration by using the account quite a bit, though.

Right. I don't remember when I got my first Chase card (long since closed) but I got Chase Amazon in 2004. No auto-CLI till last year (there seemed to be a lot of that at once) so not something to count on regularly! And that was my only Chase auto-CLI.

Re: Upcoming Auto-CLI on my CFU

disdreamin — Wed, 11 May 2022 01:16:55 GMT

@SPChaser wrote:
Pre-COVID, I've had as high as $7000 for a auto-CLI, and post-COVID, as high as $5000. Of course, this would only be possible with heavy spend. Chase loves the swipes.

Curious how much you are putting through the cards to get those CLI's. I put my heaviest spend on one of my Chase cards and I have yet to see an auto CLI from them in recent memory.