topic Re: CLI Question in Credit Cards

CLI Question

Anonymous — Sat, 02 Jul 2016 03:11:24 GMT

I haven't been around the forums lately but was curious about CLI's on a few cards of mine.

Amex BCP

Discover IT

Chase Ritz

Chase Marriott

Had all 4 cards about 2 1/2 - 3 months now. Hit the spend bonuses on them all and both chase cards have $0 balance. Discover and amex have really small balances on them but paid those tonight.

Just wanted to ask when the best time to ask for CLI's would be on them. I heard Chase is rare and they will normally give u one when they see fit.

Not looking for any HP's if i can help it so any info would be great!

Re: CLI Question

Anonymous — Sat, 02 Jul 2016 06:59:49 GMT

If you're at 61 days on the AMEX, you can go for the SP 3xCLI. There's a guide thread here with the details.

I don't have Discover, read 91 days SP.

ZERO clue on Chase.

Re: CLI Question

Anonymous — Sat, 02 Jul 2016 09:27:00 GMT

Chase will hard pull you, every time.

Re: CLI Question

UncleB — Sat, 02 Jul 2016 10:30:10 GMT

@Anonymous wrote:
I haven't been around the forums lately but was curious about CLI's on a few cards of mine.

Amex BCP
Discover IT
Chase Ritz
Chase Marriott

Had all 4 cards about 2 1/2 - 3 months now. Hit the spend bonuses on them all and both chase cards have $0 balance. Discover and amex have really small balances on them but paid those tonight.

Just wanted to ask when the best time to ask for CLI's would be on them. I heard Chase is rare and they will normally give u one when they see fit.

Not looking for any HP's if i can help it so any info would be great!

The suggestions from the previous posts are spot-on.

Chase is known to always HP for customer-initiated CLIs.

Amex is generally responsive 61 days after you open a new account. Keep in mind if they turn down your request for any reason (other than trying too soon) it will be 90 days before you can try again.

Many people have been able to get CLIs from Discover 90 days after account opening, and at various intervals after that. For me it's been at 90-day intervals (even after the initial CLI), but some people have reported being able to get a CLI from Discover as often as every 30 days. It seems to vary a bit from account to account, but the initial CLI at 90 days seems to be common.

Re: CLI Question

SouthJamaica — Sat, 02 Jul 2016 12:31:10 GMT

@Anonymous wrote:
I haven't been around the forums lately but was curious about CLI's on a few cards of mine.

Amex BCP
Discover IT
Chase Ritz
Chase Marriott

Had all 4 cards about 2 1/2 - 3 months now. Hit the spend bonuses on them all and both chase cards have $0 balance. Discover and amex have really small balances on them but paid those tonight.

Just wanted to ask when the best time to ask for CLI's would be on them. I heard Chase is rare and they will normally give u one when they see fit.

Not looking for any HP's if i can help it so any info would be great!

Discover every 91 days.

Amex you can try at 61 days. If you get it then need to wait 6 mos

Re: CLI Question

Anonymous — Sat, 02 Jul 2016 13:37:37 GMT

Honestly, I would wait till they're 6 months old, that way there's little chance of a decline in your request. Also, if they're 0% APR, leave a small balance on them to show you're actually using them, that'll help your score as well.

Re: CLI Question

RonM21 — Sat, 02 Jul 2016 16:42:35 GMT

@Gardener76 That is a safe suggestion, but not necessarily true, especially with Discover and usually Amex. Being that they are soft pull requests, being denied really has no value and you have nothing to lose by that happening. All they do is say no and you move on until the next time you decide to try.

Re: CLI Question

Anonymous — Sat, 02 Jul 2016 16:59:34 GMT

True that, I tried my amex after the 61 and was declined. After the 6 month mark, they gave me the 3x. Tried Discover and they only offered a 500 increase, waited a month and then tried again. That time I got 1k up, took it and smiled. My Wal-Mart MC doubled on the luv button and that was 7 months wait. YMMV

Re: CLI Question

Anonymous — Sun, 03 Jul 2016 17:15:14 GMT

Thanks for the info guys.

Is it best to pay your Amex in full before asking for the 3x CLI? I just put a charge of $100 on it the other day so it's showing that out of a 3K limit. Don't mind just paying that and asking in a few days but was curious if that mattered

Re: CLI Question

Anonymous — Sun, 03 Jul 2016 17:23:09 GMT

@Anonymous wrote:
Thanks for the info guys.

Is it best to pay your Amex in full before asking for the 3x CLI? I just put a charge of $100 on it the other day so it's showing that out of a 3K limit. Don't mind just paying that and asking in a few days but was curious if that mattered

I had a balance on mine when I did the 3x CLI and had no problem. They'll look at your spend history and stuff, that's why I was saying to wait til the 6 month mark, unless you gotta have that extra limit now.

Re: CLI Question

greent — Sun, 03 Jul 2016 19:02:18 GMT

I called both Discover an Amex last Friday to ask when I could request a CLI. Both said in 3 moths from the day they were opened. Mine were opened May 4th and 5th. Discover said they dont do HP. That it just depends on the relationship you have with them. Amex said that they never new if it was going to be a HP or SP. That even in the credit department they never new how it was going to come out as. I found this weird.

Re: CLI Question

Anonymous — Sun, 03 Jul 2016 20:36:58 GMT

@Anonymous wrote:
@Anonymous wrote:
Thanks for the info guys.

Is it best to pay your Amex in full before asking for the 3x CLI? I just put a charge of $100 on it the other day so it's showing that out of a 3K limit. Don't mind just paying that and asking in a few days but was curious if that mattered
I had a balance on mine when I did the 3x CLI and had no problem. They'll look at your spend history and stuff, that's why I was saying to wait til the 6 month mark, unless you gotta have that extra limit now.

I don't need it per say but I was just curious since I had seen lots of people getting CLI's at 61 days+ and I'm def at that now.

Re: CLI Question

Anonymous — Sun, 03 Jul 2016 20:53:14 GMT

Chase wont happen. Youll have to open new cards if you want anything of significance. Sometimes chase will auto CLI so if you are a big spender theres always a slim chance of that happening.

Amex and Disco can get real big real fast. Amex probably faster than the other.

Not sure how much spending you do but I would try to make a plan. What I did was work on one or two cards at a time. It didn't make others fall in line per-se, but it was well worth it to my scores, util, etc to take HPs for citi and BOA CLIs. They never would have got that high otherwise.

my SO has a discover card and it went from 4k to 7k to 12 to 18 to 22 to 25k in less than a year. Just make sure you are either using it for a BT or making purchases, and ask every 91 days. If they say we will get back to you in 2 days thats usually a good sign!

Be prepared to submit tax stuff to amex once you surpass 25k on a single card, or 35k across all cards. Not 100% guaranteed but it does happen. Not really that big of a hassle I guess.

Re: CLI Question

Anonymous — Mon, 04 Jul 2016 01:49:11 GMT

Went ahead and requested the 3x CLI online and was instantly approved. Thanks for the info everyone.

so what would be my chances of getting the APR lowered?

Re: CLI Question

Anonymous — Mon, 04 Jul 2016 18:25:00 GMT

You just have to ask. For amex they can be as often as every 30-60 days. Bank of america more like 4-6 months. Discover is hit or miss. Citi can be good. Most all of them offer 3-5% on purchases for 12 months (not sure about boa), either by asking or by invitation.