topic Re: When to apply for next Venture CLI? in Credit Card Applications

When to apply for next Venture CLI?

Anonymous — Sat, 06 Jun 2015 06:05:28 GMT

I jumped the gun and might have applied for my first CLI too soon. I got a $750 CLI for my $15K card about 60 days after issuance. At that time I had run it up a couple thousand and paid it off in full. I recently ran it up to another $5400, then paid it off yesterday. I seriously doubt they will give me a CLI right now, so I am not going to try the luv button. What do you all think 3 mos, 6 mos? I have 55K miles which I am planning to use for a plane ticket next month, then do the purchase eraser. I really want to get this card north of $20k limit. Account has now been open about 3 mos. Any advice?

Re: When to apply for next Venture CLI?

stagefoursurvivor — Sat, 06 Jun 2015 13:47:07 GMT

I believe but, am not absolutely certain, 6 month wait for any chance at another CLI if you accepted the $750 offer. My Venture $15K SL, like you, is at 75 days. If I'm offered anything sub-$3K I will decline it for that reason

Re: When to apply for next Venture CLI?

Anonymous — Sat, 06 Jun 2015 16:30:14 GMT

i got 3k at the 3 months mark im when the three months hit i will try again.

Re: When to apply for next Venture CLI?

Imhotrodcrazy — Sat, 06 Jun 2015 18:39:31 GMT

I just PIF a $1668 balance today and tried for a cli after only 6 weeks of having the card, but got the 7-9 day message. We all know what that means. I really didn't expect an increase yet, just did it for kicks.

Re: When to apply for next Venture CLI?

Anonymous — Sat, 06 Jun 2015 18:48:11 GMT

Not the venture card, but I paid off two Cap1 cards and a week later tried to CLI. I was declined.

I looked at the denial letter (once I finally found it) and decided that I should just try again (maybe a month after) because the denial reasons didn't make any sense.

It worked and I got a pretty sizeable CLI on both cards.

I think that if you pay a card off or made a big payment that you want to be taken into account when you ask for your CLI, you either have to wait a month for the stats to roll into their automated algorithm, or you have to somehow get an analyst on the phone who will be able to take it into account.