topic Re: Any Chase auto-CLIs w/small use of current limit? in Credit Cards

Any Chase auto-CLIs w/small use of current limit?

Anonymous — Tue, 07 Nov 2017 04:27:14 GMT

Most say that Chase auto-CLIs are pretty rare relative to those that don't get them. Those that do get an auto-CLI from Chase usually reference using a good portion of their current limit. My question is whether or not anyone has received an auto-CLI on their Chase card when they only use it a small amount, say, 1%-10% of your credit limit per cycle. I would think that these would be outlier examples, but if anyone meets this criteria it would be cool to hear from you. If you could include the Chase card, your monthly spend, how long you had the card, etc. I think that would be useful information as well. Thank you.

Re: Any Chase auto-CLIs w/small use of current limit?

DeeBee78 — Tue, 07 Nov 2017 22:21:39 GMT

@Anonymous wrote:
Most say that Chase auto-CLIs are pretty rare relative to those that don't get them. Those that do get an auto-CLI from Chase usually reference using a good portion of their current limit. My question is whether or not anyone has received an auto-CLI on their Chase card when they only use it a small amount, say, 1%-10% of your credit limit per cycle. I would think that these would be outlier examples, but if anyone meets this criteria it would be cool to hear from you. If you could include the Chase card, your monthly spend, how long you had the card, etc. I think that would be useful information as well. Thank you.

I've tried pretty much every tactic to get a CLI out of Chase. I've used my card up to the limit and PIF'd. I've carried a balance during my promo period (got my mom a $9K increase), I've used 10% or less of the limit, I've done it all.

Right now I'm massaging my Amazon card. I've racked up $1500 in purchases over the last 6 months, but paid it all balances down to less than $50 before the statements cut. In fact, the highest balance I've ever had reported on the card is $43. No CLI love here.

Never once have I received an Auto CLI, and have even been declined for a manual CLI in the past. They keep my Freedom Unlimited at $3,500, but in the same day hand me $14,000 across my AARP and Amazon cards. Eventually I'll move the AARP card limits over to the other two cards, but it would be nice to see some auto-luv.

Re: Any Chase auto-CLIs w/small use of current limit?

AverageJoesCredit — Tue, 07 Nov 2017 22:27:25 GMT

9 months going with my only Chase card, Amazon, low sl $1500, low usage, and no auto. Id have a better shot at getting Disco luv than an auto from Chase.

Oh, wrong forum for this question

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Tue, 07 Nov 2017 22:37:13 GMT

What has you spend been AJC?

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Tue, 07 Nov 2017 22:45:22 GMT

Received $500 toy limit card back on May 31, 2017 with pretty putrid FICO8 (EX @ 636, TU @ 654, Chase pulled both with a prequalified offer on my Chase login).

Ran it up to $490, statement cut, PIF to $0, updated report to $0 -- repeated this for June, July, August, September, October. No auto CLI. Since the card only offers 1.5% versus my Discover first year of 2% with bonus, I'm just waiting for the November statement to cut and PIF it -- I just paid $330 or so, left 25% to report, then PIF. Going forward the card will get around 28% usage ($140) minimum per month and PIF before statement cuts -- I actually don't mind using all $500 monthly because I bank my URs for hopes that some day I'll snag CSR and that 1.5% becomes 2.25% automatically, which makes it a great general spend card from now until whenever I can get Discover IT Miles (3% with the first year bonus cashback). So for November through February I'll give the card somewhere between $140 and $490 of activity on my non-category spend and see.

My guess, though, is that these toy limit cards that Chase and Amex are giving to people with somewhat subprime scores are going to be fixed CLIs for probably a year -- and who knows if for longer.

I do hear that manual CLI requests may pull EX which is good because I project my EX to go to 760 or so by summer 2018 so by then maybe I'll do a TU inquiry since most of mine will be over 12 months old.

I also wonder if the folks who got automatic CLIs may have been below 5/24 -- not that we have any data points, but I'm curious if Chase is jealous.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 00:19:51 GMT

ABCD, what Chase card did you get with a $500 limit? Can you explain the 2.25% back that you mentioned above? I know nothing about Chase UR, so it's all new to me. Thanks.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 01:06:42 GMT

I’m not necessarily the data point you’re looking for but I started with a $2,000 limit on a SW RR Plus card in April. I ran $3,000 through it in the first billing cycle. I paid in full weekly. The next billing cycle was about 50% utilization, also PIF weekly. I didn’t let a balance report at all. On the 3rd billing cycle, Chase auto-CLI me $1,500 for a total CL of $3,500. At the time, I was below 5/24.

However, no auto-CLI love at the 6-mo mark however. But I’ve been a busy guy since then with 6 new cards (4 reporting).

My mother has CSP that is approaching the 6-mo mark and she utilizes in the 15% range with no auto-CLI love.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 02:26:21 GMT

My offers on CCJ and CardMatch showed up the same day so I logged into Chase and they showed up there as well: Freedom and Freedom Unlimited. I snagged FU and the next day the other offer was gone.

FU earns 1.5% on all purchases in URs that you can cash out at 1c per UR. But if you have a Chase Sapphire you can get more for each UR: 1.25c per UR for CSP or 1.5c per UR for CSR.

That makes me URs worth 1.875% if I get CSP or 2.25% with CSR. I only am earning about $7/month now with ~$490 monthly spend but if I ever get CSR that'll be increased to $10.50 per month which is better than my other general spend cards.

I'm not sure if the 5% on Freedom would be worth 7.5% with CSR but I assume so. If so, this is a slam dunk category card except for Discover 5% with first year match making it 10% on categories for year one.

If I ever get prequal for CSP before March 2018 I'll move my general spend to FU and hope I can snag a CSR in the near future. If not, in March or April I should prequal for Discover IT Miles which is an amazing 3% cash back card the first year -- on any category purchased.

But right now the $500 toy limit is impossible to work with. I booked around $6000 in sea travel just in October and couldn't put more than 5% on FU because each booking was over $500. Ridiculous limit.

Chase even knows my income for 20 years in a row, I'm hoping that helps. I started putting $500 every two weeks into the useless Chase savings account in hopes of triggering some internal score increase. APR is like 0.01% lol.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 02:42:52 GMT

ABCD2199, I have a BCE at a $500 limit that doesn’t seem to grow. No auto-CLI love, though admittedly I think Amex wanted me to maintain a balance for the first 5 statement cuts. I got the card in April 2017 and PIF every month.

Anyway, I understand your frustration. During the first three months, I used the card so frequently that I HAD to make payments every week or so just to be able to use it.

Ultimately, I got frustrated and switched over to my preexisting BOA Cash Rewards. The wild thing is they (Amex) gave me another card with 6 times the limit immediately after they declined me for a 3X CLI on the BCE.

Here’s to hoping they grow your limit soon. 🍻

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 02:46:46 GMT

My projected usage on the $2000 BCP is $500/month for groceries and I date a gal who drives a gas-powered car and she said she'd throw her spend on it and Zelle me so that's $120/month. $2000 is fine since I don't see me using it for any other spend. But I want $6000 just so I can hopefully convince Chase I'm worthy of a $10k CSR.

When Chase approved my FU I had 3 secured cards ($1000, $2500, $3000) and my other cards were brand new and bonus toy limit store cards. So Chase made the right decision for them, obviously.

Plus my unpaid 2010 tax lien still shows on TU which Chase loves to pull but Amex didn't see. Sent my last CMRRR dispute to TU last week over it, CFPB dispute due in December. Maybe nuking that bugger will help, too.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 04:01:54 GMT

I started out with 2k. After a year got bumped to 3k. About 8 months later up to 4K. I do usually have a balance between 800-1200 because I let daycare autodraft that card

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 14:12:26 GMT

From reading this thread, it sounds like anyone that has received an auto-CLI from Chsae on their card where they aren't spending much on it has a card with a relatively low limit. Are there any exceptions out there to this?

Is there anyone out there that has a higher limit card (5 figures) that puts a spend of 1%-10% (tops) through the card that's seen an auto-CLI?

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 14:21:56 GMT

@Anonymous wrote:

FU earns 1.5% on all purchases in URs that you can cash out at 1c per UR. But if you have a Chase Sapphire you can get more for each UR: 1.25c per UR for CSP or 1.5c per UR for CSR.

That makes me URs worth 1.875% if I get CSP or 2.25% with CSR. I only am earning about $7/month now with ~$490 monthly spend but if I ever get CSR that'll be increased to $10.50 per month which is better than my other general spend cards.

I'm not sure if the 5% on Freedom would be worth 7.5% with CSR but I assume so. If so, this is a slam dunk category card except for Discover 5% with first year match making it 10% on categories for year one.

Just to be clear, the 1.25 (CSP) and 1.5 (CSR) multipliers apply only when redeeming URs for travel through the Chase portal. For everything else, such as transfer to travel partners or cashing out, URs from Freedom, FU, CSP and CSR are all worth the same.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 14:36:14 GMT

@Anonymous wrote:

Just to be clear, the 1.25 (CSP) and 1.5 (CSR) multipliers apply only when redeeming URs for travel through the Chase portal. For everything else, such as transfer to travel partners or cashing out, URs from Freedom, FU, CSP and CSR are all worth the same.

Yup, got that -- but since one can redeem on the travel portal at 1c per point for non-miles redemptions, it's same as cash for me but may not be for others who don't travel a lot. This year I wouldn't be surprised if I spend ~$25,000 on non-airfare, non-hotel, non-rental car "travel" so I'd love to be able to apply URs to that at 2.25% (or better) plus also get something better than 2% back on bookings because it adds up quickly.

For me, the Amex Platinum makes the most sense for airfare redemption even at 1c per MR because I do spend probably anywhere from $5000 to $7500 a year on flights for me and whoever my guest is -- $375 a year in travel redemption through Amex Travel is a winner.

For other forms of travel (such as cruises, or booking boat rentals through a travel agent), the CSR seems top notch for redemptions, albeit the earn is pretty weak (2.25% with FU, 7.5% with F categories which rarely apply to my spend patterns, but the 3% on travel spend for Reserve is decent). The big issue for me right now is that the 2.25% expected money I'm banking today will be wiped out by Discover IT Miles whenever I get it in 2018 -- 3% cash back now is superior to 2.25% I may get, some day, possibly. So I only really am using the Freedom Unlimited until I get a 3% card for general spend. Looking at Discover IT Miles for a year and then who knows what to replace it (Alliant 3% first year possibly).

So CSR can take its time, really. If it takes 2-3 years to get, oh well, the URs are sitting in there waiting for it, and it's not like $7.50-$10 a month is going to break the bank or make any difference. I'm thrifty enough to play the long game risk, whereas I'm sure a lot of folks redeem FU URs for cash every month just because it's there to spend.

I spend close to $0 annually on hotels, I spend $0 annually on rental cars, and I spend $0 annually on warehouse clubs, so my spend is "odd" for a guy who takes up to 100 flights annually. My spend patterns probably don't match many others.

Re: Any Chase auto-CLIs w/small use of current limit?

K-in-Boston — Wed, 08 Nov 2017 16:32:44 GMT

DW's card is 23 years old. She had a $20-something-k balance transfer around 2007 and then they periodically balance chased her over the next couple of years to $9700 and the limit stayed there for around 6 or 7 years. After it was all paid off, we used it for probably 8 months putting maybe $500-$1500 on it a month. No auto-CLI. She did call and ask for a CLI, and they doubled it to $19,400. Still lower than where it was a decade ago (and lower than the "high balance" column on credit reports) but oh well.

My Freedom card is 10 years old and has seen all patterns of usage (BTs, carrying balances for years, low usage, high usage, maxing out mid-cycle and PIF before statement cut, etc...) and nada. Started at $3,000 and never budged. Merged my $1200 Slate into it in early 2016. Tried to get a CLI on New Years Eve, no go. Had green checkmark in Offers for CSP, so minutes later I tried for that in hopes of combining the HP (no combination, and they double-pulled to boot) and was immediately approved for a $12k starting line immediately after being denied a CLI on a $4200 card. A few months later, the offers came back and I decided to try my luck for Slate for the BT offer. $3500 toy limit, but I reallocated credit lines to $5k each on Freedom and CSP and moved the rest over to make the $9700 Slate. Chase seems to like me but not love me. If I were to apply for a Freedom Unlimited, I'd probably get a training wheels limit under $5k but I bet if I were to app for the Ritz-Carlton, my SL would be somewhere in the $12-25k range. Interestingly, they like me enough that all of my APRs with them are either the lowest published or even lower.

Hope the data points help. Auto-CLIs from Chase are a rare breed indeed and there are many of us that have taken HPs with no luck on CLIs only to be granted a new trade line with bigger limits.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 17:00:48 GMT

I'm about a year in to my Chase FU and I'm still at the $9800 I started with. Same with my Amazon Prime, I'm at the $4k and I've had it for 10 months. I think Chase is giving me a big FU! :-) Super jealous of those who get the auto increases though!

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Wed, 08 Nov 2017 17:07:11 GMT

It definitely seems like Chase, perhaps similar to Capital One, likes to see people apply for new products if they want more credit rather than bumping on their existing lines.

It seems like a best practice if you are looking for a higher limit on an existing card to simply apply for whatever Chase card you feel you'd get the strongest SL on, then move whatever portion of that limit you'd like over to the card you use and want the higher limit on.

I sort of did that with the CSP earlier this year. I wanted the Freedom, but figured a Freedom approval may land me around $5000 based on the data points I had looked up. I knew the CSP would yield me a 5-figure SL, probably closer to $20k (which it did) so I can then downgrade the card to the Freedom when I want and I'll have a nice limit on it. The $500 bonus was also a nice perk compared to the Freedom bonus, of course.

Re: Any Chase auto-CLIs w/small use of current limit?

K-in-Boston — Wed, 08 Nov 2017 17:09:53 GMT

@Anonymous wrote:
It seems like a best practice if you are looking for a higher limit on an existing card to simply apply for whatever Chase card you feel you'd get the strongest SL on, then move whatever portion of that limit you'd like over to the card you use and want the higher limit on.

Well, yeah, but if one of us had replied to you with that we wouldn't have had 2 pages of fun-filled stories and it would have seemed dismissive.

Re: Any Chase auto-CLIs w/small use of current limit?

DeeBee78 — Thu, 09 Nov 2017 17:57:39 GMT

@Anonymous wrote:
From reading this thread, it sounds like anyone that has received an auto-CLI from Chsae on their card where they aren't spending much on it has a card with a relatively low limit. Are there any exceptions out there to this?

Yeah, I tried this by apping the IHG a couple of months ago, thinking I was a shoe-in for a $10K+ limit on it. After a very long manual review (three weeks) I was denied for too many inquiries on my EX. The eventual goal was to move it and my AARP into my Freedom Unlimited and Amazon cards, making a couple of $10K+ cards. I think they just don't want to extend anymore credit to me at this time, and that's OK with me. BoA has treated me really well, and shows no signs of slowing down.

Re: Any Chase auto-CLIs w/small use of current limit?

Anonymous — Thu, 09 Nov 2017 19:44:01 GMT

@K-in-Boston wrote:
@Anonymous wrote:
It seems like a best practice if you are looking for a higher limit on an existing card to simply apply for whatever Chase card you feel you'd get the strongest SL on, then move whatever portion of that limit you'd like over to the card you use and want the higher limit on.
Well, yeah, but if one of us had replied to you with that we wouldn't have had 2 pages of fun-filled stories and it would have seemed dismissive.

I hear you loud and clear on that. I was definitely aware of that prior to starting the thread, but was just interested to see if anyone had obtained auto-CLIs with low spends.