topic Re: Macys CLI in Credit Cards

Macys CLI

shirleyland — Sat, 27 Sep 2008 05:34:03 GMT

I was just checking my CR and discovered that Macys has increased my Cl from 300 to 2000. I am THRILLED. I started off with 200 in Dec 2007. I called in April to request CL and was only given a 100 CL. Has this happen to anyone without asking?

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 06:13:31 GMT

Same here. Mine went from $800 to $2500 this month. I haven't called for an increase lately since I haven't used the account in a few months.

I got the card Jan/Feb of this year.

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 06:18:31 GMT

I called Macy's today on my first Acct. and recieved a $100 increase.

I checked my other Acct. and recieved a $1,000 in crease w/o asking.

Go figure?

Re: Macys CLI

islandchild82 — Sat, 27 Sep 2008 13:59:07 GMT

shirleyland wrote:
I was just checking my CR and discovered that Macys has increased my Cl from 300 to 2000. I am THRILLED. I started off with 200 in Dec 2007. I called in April to request CL and was only given a 100 CL. Has this happen to anyone without asking?

Congrats! That's a HUGE increase!

Re: Macys CLI

jmbfl — Sat, 27 Sep 2008 14:15:31 GMT

You either have to wait six months or until they give you an auto-CLI with Macys. If you ask too soon they may give you $100 and/or an admonition to call back in six months. (In this case there is a sale next week!) Of course they may give you nothing. If you are making a major purchase and are in the store that is a different matter and is handled right on the spot.

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 14:51:16 GMT

I went from 600 to 1k by asking, then about 6 months later it was an auto from 1k to 2.5k.

Re: Macys CLI

jmbfl — Sat, 27 Sep 2008 15:03:34 GMT

WhirledPeasPlease wrote:
WaMu Pre-App Count = Lost Count

I think your counter just got reset!

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 15:11:53 GMT

I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.

I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)

Re: Macys CLI

jmbfl — Sat, 27 Sep 2008 15:29:03 GMT

fevmlo wrote:
I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.

I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)

What's the difference? Macys screeens your credit continually. They have a number in the computer on your record. If you call and ask for a CLI and what you ask for (or what they offer you) is at or under that number they give it to you. If you ask for something over that number they will hard INQ and maybe give it to you. They have to do this as you may be shopping in store and need a credit bump at a time when the credit analysts are not available (read: Sunday) and an MR is not possible. At some point in time part of your theoretical CL may be added to your actual CL and you would view that as an auto-CLI. With Macys there is no harm in asking - every six months - but not more often!

In my case I wanted a CLI for CBR/scoring purposes as I was app'ing for other credit. I called Macys and asked what they could do for me w/o a hard INQ. CSA asked what did I have in mind? I suggested $2K (i think). He looked in his computer and said I could have $3.1K. I said make it $3K (a nice round number) and it was instantly done. When would any of that have shown up as an auto-CLI? Who knows, but I am sure it would have eventually. Some of us want/need eventually to be today.

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 15:37:38 GMT

@jmbfl wrote:

@Anonymous wrote:
I called a week ago and asked for a CLI - they upped me from $1400 to $2100. I almost wish now I'd just left it, maybe they would have auto-CLI'd me.

I actually had no idea Macy's even did auto-CLI... I might just wait without asking this time and see what happens. Six months, you think? (That 'you' is a general one, meaning anyone who might know!)

What's the difference? Macys screeens your credit continually. They have a number in the computer on your record. If you call and ask for a CLI and what you ask for (or what they offer you) is at or under that number they give it to you. If you ask for something over that number they will hard INQ and maybe give it to you. They have to do this as you may be shopping in store and need a credit bump at a time when the credit analysts are not available (read: Sunday) and an MR is not possible. At some point in time part of your theoretical CL may be added to your actual CL and you would view that as an auto-CLI. With Macys there is no harm in asking - every six months - but not more often!

In my case I wanted a CLI for CBR/scoring purposes as I was app'ing for other credit. I called Macys and asked what they could do for me w/o a hard INQ. CSA asked what did I have in mind? I suggested $2K (i think). He looked in his computer and said I could have $3.1K. I said make it $3K (a nice round number) and it was instantly done. When would any of that have shown up as an auto-CLI? Who knows, but I am sure it would have eventually. Some of us want/need eventually to be today.

Yeah, I suppose - the number that's in the computer is the number that's in the computer and that's the end of it! I suppose that number increases a bit every 90 days, and then, eventually, you get auto-CLI'd. The auto-CLIs I'm reading about seem pretty big, but that's probably because the people in question hadn't already requested 3 CLIs in the previous 12 months. When I first got my Macy's card (April 2007, $100 limit), I read about how they were great with increasing your credit line, and assumed that would be automatic, It was only months and months later (I forget how many months) that I realized you could actually ASK them. I even asked the CSR whether it would happen automatically and he just said 'oh, you can call up every 90 days to ask for a guideline increase'.

So that's what I've been doing. And you're right - there is no difference, I'm sure (other than that it would be nice to be surprised by an unexpected CLI, but that would involve patience and not requesting them before Macy's gets the chance to do their automatic thing!) - the eventual CL is hardly going to end up lower by asking for it than by sitting back and waiting.

Still... auto CLIs are good! Only one I've had (in this lifetime - ie since moving to the US!) was a whole $100 extra from GE, taking my Banana Republic card from $500 to $600 at the 6 month mark.

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 21:00:08 GMT

jmbfl wrote:

WhirledPeasPlease wrote:

WaMu Pre-App Count = Lost Count

I think your counter just got reset!

I fixed it.

Re: Macys CLI

Anonymous — Sat, 27 Sep 2008 22:49:44 GMT

I've had the card since Mar and never used it because of the 300 dollar cl. Do u think i can ask for a increase without ever using it?

Re: Macys CLI

Logical — Sun, 28 Sep 2008 00:25:36 GMT

kiyahsmom wrote:
I've had the card since Mar and never used it because of the 300 dollar cl. Do u think i can ask for a increase without ever using it?

I got mine last summer and didn't use it for4 months. Finally used it (they cut the 1st bill that day!) and the next next month gave an auto-cli.

Re: Macys CLI

Creditaddict — Sun, 28 Sep 2008 01:18:03 GMT

does anyone have the visa? when you get your cli, do they increase the visa by the same amount as the store card?

Re: Macys CLI

Anonymous — Sun, 28 Sep 2008 02:23:50 GMT

You can call Macy's every 3 months for a "guide line increase" as long as you have paid on time. The representatives will even tell you that when call.

Re: Macys CLI

Anonymous — Sun, 28 Sep 2008 02:31:15 GMT

Well I went online and ordered a 20 dollar jacket for my baby. I'll pay it off next week, then wait to see what happens after the first statement drops. I checked my CR and Macy's isn't even on it, maybe due to no activity. Does anyone know if it will report with me having it since march of 08 or will it be as of Sept. since this is my first time using it?

Re: Macys CLI

Logical — Sun, 28 Sep 2008 02:51:41 GMT

kiyahsmom wrote:
Does anyone know if it will report with me having it since march of 08 or will it be as of Sept. since this is my first time using it?

Mine did not report until I bought something, then it showed the date the card was opened (not first use).

Re: Macys CLI

Anonymous — Sun, 28 Sep 2008 02:55:42 GMT

good to know.

Re: Macys CLI

jmbfl — Mon, 29 Sep 2008 03:53:59 GMT

Creditaddict wrote:
does anyone have the visa? when you get your cli, do they increase the visa by the same amount as the store card?

One plastic card - two different accounts: 1) Macys and 2) CC. The CL's are separate and report separately on CBR's. This card is very hard to get. I really don't want it. If I bought more at Macys I might, but diversity of credit is a real good practice...

Re: Macys CLI

Anonymous — Mon, 29 Sep 2008 06:52:35 GMT

yep, it's always exciting