topic Re: When to ask for CLIs in Credit Card Applications

When to ask for CLIs

Anonymous — Fri, 23 Oct 2015 15:51:30 GMT

Ok - I have the following cards (since August) and wondered after how many statement cuts should I ask (and expect to get) CLI......I tried early on a few -but it was just depressing!

Discover IT

Cap One QS1

Cap One Plat

Chase Freedom

AMEX Everyday (not here yet..so it's really new)

Thanks for any insight.

Re: When to ask for CLIs

jeffm4688 — Fri, 23 Oct 2015 16:51:06 GMT

Discover - Have a friend who got approved for $2000 in august, no go on a CLI. have another friend who got approved for $4500 in july and got an increase to $7500 with high usage & high payments

Cap1 - give it a shot after third statement cut, if no go, just wait till 6th statement cut.

Chase - i've seen quite a few people get auto increases on freedom's after 4 statements, if your score/income supports it you can always call and ask for an increase, it will be a HP but it works sometimes. I just got my southwest from 2000 to 5000 after the 4th statement cut and asking.

Amex - Same two friends as discover, one who opened in july went from 4800 -> 11600, one who opened in august was a no go.

Re: When to ask for CLIs

9CLINE — Fri, 23 Oct 2015 17:18:10 GMT

+1
Only been ~2 mths give it some time..........

Re: When to ask for CLIs

OmarGB9 — Sat, 24 Oct 2015 02:41:58 GMT

You can't really "expect" a CLI after x amount of time. You can always ask for one, but depending on the lender and your file and on your history with a particular lender, you may or may not get it. Chase will always be an HP if you ask for a CLI, Cap 1 and Amex will be an SP for a CLI. Discover can be either an HP or an SP; they'll let you know which.

Re: When to ask for CLIs

masscredit — Sat, 24 Oct 2015 16:26:18 GMT

I believe you have to wait 6 months for Cap1.

Re: When to ask for CLIs

Shawndoe79 — Sat, 24 Oct 2015 17:00:49 GMT

I have gotten 2 CLI ( 1 on each card) for my QS and QS! in 3 months with lots of usage, multiple payments a month, never paid in full. I was at 97% when I got a $1k cli on the QS1 and right after i paid the QS off (715 balance), waited a week, requested a CLI this morning, bam another 1k. So YMMV, just use it ALOT