topic Re: CLI Sam's Club MC 50k in Business Credit

CLI Sam's Club MC 50k

bizcredit11 — Thu, 23 Jun 2022 00:59:32 GMT

I started witha 12.5k limit. No PG.

Increased over time and incurred multiple denials on CLI's.

A 5% gas card comes in handy for a business.

Used it but not excessively. Can still get 3% cash back on food/restraurants as well.

I do pay it off every month. I did not always do that, but I do it now.

Looking forward to denials for 55k or 60k. I do not have anything to lose. No HP.

bizcredit

Re: CLI Sam's Club MC 50k

jaxstraw — Thu, 23 Jun 2022 01:48:19 GMT

Crushing it !!!

Good to know they go that high.

Re: CLI Sam's Club MC 50k

RealEstateGuy89 — Thu, 23 Jun 2022 05:31:12 GMT

Congratulations on the CLI bizcredit! Really nice limit, I had no idea that they could go that high!

Re: CLI Sam's Club MC 50k

babygirl1256 — Thu, 23 Jun 2022 06:43:41 GMT

Congrats on your Sam's Club MC CLI to a whoppin' $50k!!!

Re: CLI Sam's Club MC 50k

cashorcharge — Fri, 24 Jun 2022 23:36:38 GMT

That's fantastic...WooHoo!! Congratulations on your Sam's Club CLI Approval!!👏🏼🍾🥂

Re: CLI Sam's Club MC 50k

Credit4Growth — Sun, 26 Jun 2022 05:18:45 GMT

@bizcredit11 wrote:
I started witha 12.5k limit. No PG.

Increased over time and incurred multiple denials on CLI's.

A 5% gas card comes in handy for a business. 👋 👌

Used it but not excessively. Can still get 3% cash back on food/restraurants as well.

I do pay it off every month. I did not always do that, but I do it now.

Looking forward to denials for 55k or 60k. I do not have anything to lose. No HP.

bizcredit

🍻 Congratulations on the Sam's MC CLI!

Re: CLI Sam's Club MC 50k

GatorGuy — Mon, 27 Jun 2022 12:33:38 GMT

Congrats on one heck of a limit!

Re: CLI Sam's Club MC 50k

rchvmz — Tue, 28 Jun 2022 03:59:41 GMT

@bizcredit11 wrote:
I started witha 12.5k limit. No PG.

Increased over time and incurred multiple denials on CLI's.

A 5% gas card comes in handy for a business.

Used it but not excessively. Can still get 3% cash back on food/restraurants as well.

I do pay it off every month. I did not always do that, but I do it now.

Looking forward to denials for 55k or 60k. I do not have anything to lose. No HP.

bizcredit

So, my Sams store card was just increased (today) from 10k to 25k --started out with $2500.00, and its only 6 months old!-----My MC 1st statement just cut and my CLI request was denied--so, when my 3rd statement cuts, I will request another CLI--with the store card getting a 15k increase at one time, is it OK to ask for 25-30k on the MC version?....I am excited. And does Sync have a max exposure for the two cards?

Re: CLI Sam's Club MC 50k

Falcon1871 — Sat, 02 Jul 2022 21:24:21 GMT

I got my increase at last. It was $12k, I asked for $25k, I was increased by $3k, now my limit is $15k.

Better than nothing.

@bizcredit11 wrote:
I started witha 12.5k limit. No PG.

Increased over time and incurred multiple denials on CLI's.

A 5% gas card comes in handy for a business.

Used it but not excessively. Can still get 3% cash back on food/restraurants as well.

I do pay it off every month. I did not always do that, but I do it now.

Looking forward to denials for 55k or 60k. I do not have anything to lose. No HP.

bizcredit

Re: CLI Sam's Club MC 50k

bizcredit11 — Sun, 03 Jul 2022 00:18:59 GMT

@Falcon1871 Congrats! An increase is much better than a swift kick in the pants.

It takes time. If you want a large limit build your Experian biz report...that's is Synchrony's go to.

bizcredit11

Re: CLI Sam's Club MC 50k

rchvmz — Mon, 11 Jul 2022 20:28:56 GMT

@bizcredit11 wrote:
@Falcon1871 Congrats! An increase is much better than a swift kick in the pants.

It takes time. If you want a large limit build your Experian biz report...that's is Synchrony's go to.

bizcredit11
Hey, bizcredit11, Do you know if the overall exposure with Synchrony business side is compiled from all accounts I have with them, as in Amazon LOC 16k---Sams Store card 25k, Sams Mastercard 8k and Lowes For Pros 5k, or does the Business Mastercard stand alone from the NON REVOLVING accounts?.......If they use ALL the Business accounts, I would want to eith lower the CL one or two, or even close the amazon LOC--its at 16k and I rarely use it...all the accounts have me at 54k overall--My goal is to get the Biz MC at 25k or higher-----any idea here?

Re: CLI Sam's Club MC 50k

bizcredit11 — Tue, 12 Jul 2022 03:08:37 GMT

@rchvmz wrote:
@bizcredit11 wrote:
@Falcon1871 Congrats! An increase is much better than a swift kick in the pants.

It takes time. If you want a large limit build your Experian biz report...that's is Synchrony's go to.

bizcredit11
Hey, bizcredit11, Do you know if the overall exposure with Synchrony business side is compiled from all accounts I have with them, as in Amazon LOC 16k---Sams Store card 25k, Sams Mastercard 8k and Lowes For Pros 5k, or does the Business Mastercard stand alone from the NON REVOLVING accounts?.......If they use ALL the Business accounts, I would want to eith lower the CL one or two, or even close the amazon LOC--its at 16k and I rarely use it...all the accounts have me at 54k overall--My goal is to get the Biz MC at 25k or higher-----any idea here?

@rchvmz Do you need 25k on the Sam's biz card? My suggestion would be save room for the Sam's Club MC limit.

I do not know overall exposure limit, but 100k depending on revenue and Experian biz report is a strong influence on Synchrony's actions.

Try to use what you have...don't close any accounts...all your accounts should be something you need for your business to some degree.

54k on the business side is not bad/limiting...but you need to zero in on the MC increase...let the others support the big one.

bizcredit11

Re: CLI Sam's Club MC 50k

rchvmz — Tue, 12 Jul 2022 05:12:12 GMT

@bizcredit11 wrote:
@rchvmz wrote:
@bizcredit11 wrote:
@Falcon1871 Congrats! An increase is much better than a swift kick in the pants.

It takes time. If you want a large limit build your Experian biz report...that's is Synchrony's go to.

bizcredit11
Hey, bizcredit11, Do you know if the overall exposure with Synchrony business side is compiled from all accounts I have with them, as in Amazon LOC 16k---Sams Store card 25k, Sams Mastercard 8k and Lowes For Pros 5k, or does the Business Mastercard stand alone from the NON REVOLVING accounts?.......If they use ALL the Business accounts, I would want to eith lower the CL one or two, or even close the amazon LOC--its at 16k and I rarely use it...all the accounts have me at 54k overall--My goal is to get the Biz MC at 25k or higher-----any idea here?
@rchvmz Do you need 25k on the Sam's biz card? My suggestion would be save room for the Sam's Club MC limit.

I do not know overall exposure limit, but 100k depending on revenue and Experian biz report is a strong influence on Synchrony's actions.

Try to use what you have...don't close any accounts...all your accounts should be something you need for your business to some degree.

54k on the business side is not bad/limiting...but you need to zero in on the MC increase...let the others support the big one.

bizcredit11

Thanks for replying.... Getting 25k on the store card was accidental.... I asked for a CLI and forgot they ask how much of an increase, like I was at 12k and asked for 15k, when I meant just 3k more, so they bumped it to 25k... The Amazon LOC was a goof up on my part as well.... I called credit solutions thinking I was talking about my Sam's MasterCard which was at 8k, same as my Amazon account... The rep said he found the 8k account, but was referring to Amazon LOC not Sam's MasterCard.... I asked for a increase of 10k, making it 18K ... He came back saying I got you to 16k.... 20 mins later I discovered it was not the MasterCard, but the Amazon LOC.... So my bad. Then they declined my request for a CLI on the MasterCard when I called back trying to get it straightened out. So, NO, I don't need 25k or 16k on those 2 cards, but that's where they are. Currently I'm using the MasterCard a lot and will continue to for the next 2 months until I request another CLI..... It's only had 1 statement cut since it was opened, so I will wait for the 3rd or 4th statement to cut... Any other suggestions on best way to key in on getting the MC limit as high as I can get-----????