topic Re: CLI Requests in Credit Card Applications

CLI Requests

nomadic_triathlete — Wed, 05 Oct 2022 01:08:55 GMT

With Wells Fargo and Capital one I'm curious when you don't get an immediate CLI approval, has anyone ever gotten that approval in the documents they say they are sending?

My experience has always been if you are approved for a CLI its immediate and if you are denied then you'll get that notice in the mail. But instead of denying you on the spot they always say they are reviewing your information and let you know in 7 to 10 days. Which gives the impression a CLI is still possible. So was curious if anyone has ever gotten that increase notice through the mail?

Re: CLI Requests

Lou-natic — Wed, 05 Oct 2022 01:50:59 GMT

Can't say that I ever have. My experience mirrors yours for Cap1 so far. Never had a WF card so can't comment there.

Re: CLI Requests

805orbust — Wed, 05 Oct 2022 03:34:55 GMT

CapOne was giving out CLI's like candy a few years ago. Don't *think* I remember many non-instant approvals. As for Wells, I don't remember anything positive except the occasional approval, however the buzz is pretty lackluster on them. And I bank with Wells for one of my businesses. No credit products tho.

Re: CLI Requests

M_Smart007 — Fri, 07 Oct 2022 02:17:57 GMT

@nomadic_triathlete wrote:
With Wells Fargo and Capital one I'm curious when you don't get an immediate CLI approval, has anyone ever gotten that approval in the documents they say they are sending?

My experience has always been if you are approved for a CLI its immediate and if you are denied then you'll get that notice in the mail. But instead of denying you on the spot they always say they are reviewing your information and let you know in 7 to 10 days. Which gives the impression a CLI is still possible. So was curious if anyone has ever gotten that increase notice through the mail?

Capital one has been answered.

As Far as Wells Fargo,

They will tell you if approved, and it will reflect in your available credit upon log-in almost immediately. IME

If they tell you a letter is coming, expect the dreaded denial.