topic Re: WF CLI in Credit Card Applications

WF CLI

Anonymous — Thu, 19 Nov 2015 05:08:36 GMT

applied to increase it some. said she'll send it through and i would get a letter and i asked why so yeah she said if they need to verify identity or whatever. made sure they'll tell me before it's a HP so we shall see.

Re: WF CLI

Anonymous — Thu, 19 Nov 2015 10:57:10 GMT

It has always been a SP for me and takes 12-24 hours. Exact same process that you are going through.

Re: WF CLI

Anonymous — Thu, 19 Nov 2015 12:58:33 GMT

thank you

Re: WF CLI

FinStar — Thu, 19 Nov 2015 17:52:06 GMT

If your account doesn't qualify for SP CLI, then they'll send you a letter (you should see if any changes occurred on your account in a couple days). Otherwise, you'll have to entertain whether you want a HP for CLI with no guarantee how much (if at all) will be given.

Re: WF CLI

Anonymous — Thu, 19 Nov 2015 18:10:36 GMT

i won't be doing a HP i promise you that.

Re: WF CLI

Anonymous — Thu, 19 Nov 2015 18:38:45 GMT

Good luck!

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 02:10:45 GMT

yep that didn't work lol. they denied due to:
my low payment amounts (card has been paid off since februrary with maybe $50 spent on it since)
and more than one inquiry in 24 months (lol what the heck)
and length of time credit accounts have been established (i think they're referring to all the new ones this year)

Re: WF CLI

UncleB — Fri, 20 Nov 2015 04:14:56 GMT

@Anonymous wrote:
yep that didn't work lol. they denied due to:
my low payment amounts (card has been paid off since februrary with maybe $50 spent on it since)
and more than one inquiry in 24 months (lol what the heck)
and length of time credit accounts have been established (i think they're referring to all the new ones this year)

Darn, I'm sorry that didn't work out.

I have a feeling my own CLIs are going to be significantly slowing down as well due to the first reason they listed for you... low payment amounts. Since I started putting most of my usage on Sam's Club MC, other than Discover (which has a BT I'm paying down) the other cards don't see much usage. The irony is that the Sam's Club MC, being Synchrony, likely would have given me a sizeable CLI without much usage at all... oh well.

I guess it makes sense for them to not show any 'love' if we don't show them any first. Oh well... it's a good problem to have - enough credit that not all of it has to be used simultaneously!

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 04:30:41 GMT

yeah the card sucks anyway haha idc

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 05:35:20 GMT

I've had my WF Visa for 10 mos. It has a $4k limit and I run utility bills through it every month to the tune of about $400, then PIF. I asked for a SP CLI two weeks ago and was declined due to BK, lack of experience with current limit and applicant has sufficient open credit. Silly, I had the BK when I got the card and I had sufficient credit then too.

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 12:41:46 GMT

yeah their reasonings are strange

Re: WF CLI

UncleB — Fri, 20 Nov 2015 12:49:38 GMT

Two years ago at the very beginning of my rebuilding I applied for their Visa card... and was promptly denied. If they had offered me the secured version at that time, I would have taken it.

At the time I was disappointed, but now I'm honestly glad it all worked out the way it did. Ironically, on the blue-moon occasions I have to call them for something, the CSR always mentions that I should apply for their Visa card and offers to transfer me... I quickly and cheerfully decline.

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 12:54:46 GMT

they offer crap for no reason lol

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 14:12:32 GMT

Sorry that didn't work out for you. I am on their blacklist so no WF card for me, probably ever.

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 14:32:50 GMT

it's fine i didn't need it. just read it was a SP and i wasn't sober so thought it would be fun to try lol

Re: WF CLI

12njoy — Fri, 20 Nov 2015 17:02:21 GMT

@Anonymous wrote:
it's fine i didn't need it. just read it was a SP and i wasn't sober so thought it would be fun to try lol

Sorry to hear OP. I've always had to take a HP to increase my WF card. i didn't mind myself as I went from $2,500 to $37,500 in about 15 months.

Re: WF CLI

OmarGB9 — Fri, 20 Nov 2015 17:02:32 GMT

Lol I got denied too a few months back, but that's cause I had just gotten a CLI like a month prior.

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 17:09:06 GMT

lol a $37,500 WF card is hefty

Re: WF CLI

12njoy — Fri, 20 Nov 2015 17:14:01 GMT

@Anonymous wrote:
lol a $37,500 WF card is hefty

Hefty indeed, but they won't change it to a Signature version. Still a Visa Platinum. Also, I have a 25.99% APR so needless to say, no carrying of balances on that card

Re: WF CLI

Anonymous — Fri, 20 Nov 2015 17:31:03 GMT

platinum vs signature is not a huge deal really. but that apr is massive. wth