topic Re: CLI without using Card in Credit Cards

CLI without using Card

Mortalito77 — Tue, 26 Apr 2016 03:31:22 GMT

Hello everyone, I was wondering has anyone in here ever tried requesting credit limit increase on a credit card they have never used? It's activated but never actually used. I have a Lowes credit card that I have not used since I got it, I activated the card but never used it. What do you guys think about it?

Re: CLI without using Card

creditguy — Tue, 26 Apr 2016 03:37:29 GMT

Of course you can always ask but the outcome is not guaranteed. How long have you had it? With lowes you could ask for a CLI and just say you would like to do a project and need a bigger CL to get it done. But the reality is you don't need a reason just ask and see what they say. Shoot for 25k and wait for their counter offer.

Re: CLI without using Card

Mortalito77 — Tue, 26 Apr 2016 03:39:10 GMT

Thanks for the quick reply, I will do that. Do they have a chat feature or should I do it over the phone?

Re: CLI without using Card

Anonymous — Tue, 26 Apr 2016 03:39:50 GMT

I've heard Lowes cards can give rather huge limits and increases. If it's a new card and you're trying for an immediate CLI, they might do that. If you've had it for a while and haven't used it, they might want to know why you want the credit increase.

Re: CLI without using Card

creditguy — Tue, 26 Apr 2016 03:41:27 GMT

They have chat but I've read the results are better by calling credit solutions.

Re: CLI without using Card

Mortalito77 — Tue, 26 Apr 2016 03:49:24 GMT

Wow, It took them less than a second to tell me my application was declined. I didn't even get a counter offer..

Re: CLI without using Card

creditguy — Tue, 26 Apr 2016 03:51:16 GMT

Wow that sucks. Sorry to hear that. Time to use it more often I would say.

Re: CLI without using Card

Mortalito77 — Tue, 26 Apr 2016 03:53:03 GMT

I agree, it definitely has to do with me not using the card. I will just go buy something tomorrow let it report then pay it off. I will do that a few times then try again. Thanks for all the help.

Re: CLI without using Card

Anonymous — Tue, 26 Apr 2016 05:32:30 GMT

With that very card I got a $11,300 CLI 3 minutes after approval. I think, as you said, the difference is you having it a bit without use.

Re: CLI without using Card

UncleB — Tue, 26 Apr 2016 10:07:18 GMT

I've gotten rather significant increases on my own Lowe's with very little usage, and by only using the link on the website (no calls to Credit Solutions - yet).

I'm inclined to think the OP's TU score might be a significant factor. Unless the TU score can support it, not even Credit Solutions will give an increase.

Just my 2¢.

Re: CLI without using Card

Anonymous — Tue, 26 Apr 2016 10:10:26 GMT

I got a 6000 to 7700 bump on my amazon store card after not using it for about 3 months. But I think store cards are a little different. They don't expect them to be used on a regular basis.

Re: CLI without using Card

Loquat — Tue, 26 Apr 2016 10:51:27 GMT

In my experience with Sync, it seems as though your request for increase is closely tied to your TU score...card use or not.

Re: CLI without using Card

takeshi74 — Tue, 26 Apr 2016 14:47:13 GMT

@Mortalito77 wrote:
Hello everyone, I was wondering has anyone in here ever tried requesting credit limit increase on a credit card they have never used? It's activated but never actually used. I have a Lowes credit card that I have not used since I got it, I activated the card but never used it. What do you guys think about it?

Despite the popularity of the meme, don't rely so heavily on usage. Limits and CLI's are determined based on what one's credit profile and income qualify for. Cards without usage can see CLI's. Cards with heavy usage can see no CLI's. It's not just about usage. It's not just about the one account. One's entire credit profile matters.