topic Re: chase and boa cli's? in Credit Cards

chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 04:43:22 GMT

can anyone suggest strategies for getting CLI's on chase and boa cards? what do these companies like to see, and how stringent is (at least chase) for granting an auto-CLI?

thanks very much for your time.

Re: chase and boa cli's?

Creditaddict — Tue, 22 Jul 2008 04:45:07 GMT

since credit tightening, I find chase a pain to deal with.

Re: chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 11:37:14 GMT

Can't really comment on Chase since I don't have any experience with their CCs, but BoA is still generous with CLIs, even in this credit environment. I've gotten a couple of consumer-initiated CLIs in the last few months by calling the backdoor credit dept analyst number. I'm not sure how they are with auto-CLIs because I guess I'm just too impatient to wait for those.

A major difference between the two is that consumer-initiated CLIs seem to always result in a hard pull with Chase whereas BoA CLI requests are softs.

The best strategies for getting CLIs with just about all creditors is to use the card and PIF or revolve small balances only for a short period of time. Keeping the card in the "sockdrawer" or revolving large balances from month to month (unless perhaps it's a BT) makes some lenders leary of granting a CLI.

Good luck!

Message Edited by lurknomore on 07-22-2008 04:37 AM

Re: chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 11:38:24 GMT

yeah - I requested a CLI and I got harded because I didn't think it was a big deal at the time. Oh well, have to lock myself away in the CCUC except for getting soft pull CLI's with BoA and Amex (cards which I plan to use much more now!).

Re: chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 13:42:56 GMT

From what I have read here Chase seems to be pretty good at granting an auto-CLI on yearly anniversaries, and WILL pull a hard for EVERY consumer initiated CLI request.

However, Chase seems to have some sort of sub-prime accounts that aren't eligible for CLI ever.

Re: chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 15:05:28 GMT

Yeah Chase has those 200 dollar cl (no CLI) cards that are probably good for dinner and a movie. No airline tickets can be charged on those.

Re: chase and boa cli's?

jsmith12345 — Tue, 22 Jul 2008 17:56:08 GMT

Both companies are pretty generous with CLI's, but as already stated revolving a high balance over a period of time could create problems for you when you CLI... Chase is always a hard pull, BOA has always been a soft pull for me.

Re: chase and boa cli's?

Anonymous — Tue, 22 Jul 2008 18:06:13 GMT

I used to have a Chase card, and I currently have a BofA card.

From my recollection, Chase was definitely more stingy about CLIs. In fact, I just got approved for a CLI today by BofA, despite not looking so hot on paper.

Re: chase and boa cli's?

heirophant — Tue, 22 Jul 2008 18:09:39 GMT

FretlessMayhem wrote:
From what I have read here Chase seems to be pretty good at granting an auto-CLI on yearly anniversaries, and WILL pull a hard for EVERY consumer initiated CLI request.

However, Chase seems to have some sort of sub-prime accounts that aren't eligible for CLI ever.

Straight from a credit analyst I talked to yesterday, there are no cards with limits on CL's. My $300 card just went to $1,000 yesterday on recon of my declined CLI request online. They are really good on recon BTW. An analyst actually looks at your report. I don't know what the computers look at, but they always decline my CLI requests with about every bank. Usually recon works.