topic Re: Time Table for Requesting CLIs on my Cards in Credit Cards

Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 15:21:46 GMT

Hello!

So on my journey to build lots of credit over time, I'm trying to best figure out around when I should request CLIs for my current cards.

I'm done applying until at least next June, but most likely none until July 2020.

I currently have a TD Card, 500 SL from June 2016, auto increase to 1000 last year and a hard inq to increase to 1250 this past june.

I have a discover it card, SL was 1000 and after 1 year I pressed button and increased it to 2000 last month.

Opened Citi DC in June, $2,300 SL

Opened BOA Travel Rewards, $900 SL

Opened AMEX Gold Delta $6,000 SL

Opened Amazon Prime Visa $1,000 SL

I was thinking not touch TD for at least a year, press discover in 3 months, try something with AMEX in 90 days.

No clue how to approach the rest.

I always pay off in full every month and use each card for at least something.

Ex - 734 TU - 742 EQ - 730

Utilization is always between 0-1%

Income at 25k, will be 30k in 6 months

Never Missed a payment, 6inqs on EX, 2 TU, 1 EQ

Getting the "Bonus" on all the new cards with higher spending early on those cards, less on my previous primary cards.

The goal is to build stronger CLs early so when I'm out of Law School I can go after PRG/Plat, CSP.

Thanks for all advice!

Re: Time Table for Requesting CLIs on my Cards

Jnbmom — Wed, 25 Jul 2018 15:53:37 GMT

Citi is usually 6 months but others have gotten lucky earlier.

Amazon I would wait at least 90 days.

Amex do a search on the forum for AMEXx3 CLI.

Re: Time Table for Requesting CLIs on my Cards

Kforce — Wed, 25 Jul 2018 16:41:46 GMT

For new Citi cards often people will get a CL increase early from a customer request.(First few days or a couple of months). After your 1st CL increase either by request or from Citi automatically they use a 6 month lock out for another increase. When you get an increase note the date to try again in 6 months. You "Can Not" go by the web page showing a SP CL increase option. It can be shown every month for many users who are locked out from another increase. Need a calendar or reminder program for Citi

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 16:41:34 GMT

@Kforce wrote:
For new Citi cards often people will get a CL increase early.(First few days or a couple of months)
However after your 1st CL increase either by request or from Citi automatically they use a 6 month lock out from another increase.
When you get an increase note the date to try again in 6 months. You can not go by the web page showing a SP CL increase option. It can be shown every month for many users who are locked out from another increase. Need a calendar or reminder program for Citi

Is that first CL increase done by Citi or is it usually requested?

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 16:42:19 GMT

Bank of America allows CLIs every 3 months.

Re: Time Table for Requesting CLIs on my Cards

Kforce — Wed, 25 Jul 2018 16:43:16 GMT

@Anonymous wrote:
Is that first CL increase done by Citi or is it usually requested?

Requested, most auto are grater than 6 months

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 16:44:45 GMT

@Anonymous wrote:
Bank of America allows CLIs every 3 months.

Soft or Hard pulls? I think I remember reading soft somewhere

Re: Time Table for Requesting CLIs on my Cards

Adkins — Wed, 25 Jul 2018 16:47:06 GMT

@Anonymous wrote:
@Anonymous wrote:
Bank of America allows CLIs every 3 months.
Soft or Hard pulls? I think I remember reading soft somewhere

They are now SPs.

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 16:56:05 GMT

Bank of America CLIs are now soft pulls.

For Citi you need to check your account by clicking on Services > Credit Card Services > Request Credit Line Increase to see if you're eligible for a soft pull CLI; I was able to get one after just 2 months.

Re: Time Table for Requesting CLIs on my Cards

FinStar — Wed, 25 Jul 2018 18:37:58 GMT

TD Bank and Chase are definitely HP, so I would wait on those for a while.

If you are attempting to minimize the number of HPs, then I'd suggest trying the SP options mentioned above for BoA, AMEX and Citi.

Re: Time Table for Requesting CLIs on my Cards

LunaBuna — Wed, 25 Jul 2018 18:45:25 GMT

@Anonymous wrote:
Bank of America CLIs are now soft pulls.

For Citi you need to check your account by clicking on Services > Credit Card Services > Request Credit Line Increase to see if you're eligible for a soft pull CLI; I was able to get one after just 2 months.

On my CITI page it shows they WILL pull a report, then get back to me. The actual language is;
"By clicking "Continue" you understand that we will obtain a credit bureau report to evaluate your request. Our credit department will notify you of our decision or let you know if we need more information."

My account is just about two months old, not sure if just under, or just over the two month period. I woudl imagien that the pull is due to the shortness of time. I was not going to request an increase, was just looking based on what was said and noticed the different language on the notice.

Re: Time Table for Requesting CLIs on my Cards

imaximous — Wed, 25 Jul 2018 18:53:20 GMT

^^^ With Citi you can ask for SP CLIs every 6 months, but they're usually small increases. You can also request a CLI with a HP anytime.
I just did this for 2 cards. The first request was a SP and got only $2k more, but when you go back to request more, it clearly tells you they'll pull your report, just like the language you see there.

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Wed, 25 Jul 2018 19:11:22 GMT

@LunaBuna wrote:
@Anonymous wrote:
Bank of America CLIs are now soft pulls.

For Citi you need to check your account by clicking on Services > Credit Card Services > Request Credit Line Increase to see if you're eligible for a soft pull CLI; I was able to get one after just 2 months.

On my CITI page it shows they WILL pull a report, then get back to me. The actual language is;
"By clicking "Continue" you understand that we will obtain a credit bureau report to evaluate your request. Our credit department will notify you of our decision or let you know if we need more information."

My account is just about two months old, not sure if just under, or just over the two month period. I woudl imagien that the pull is due to the shortness of time. I was not going to request an increase, was just looking based on what was said and noticed the different language on the notice.

I have the same "continue" message on mine. Granted it's less than a month old I'm not going to touch it till I hit the AMEX in October

Re: Time Table for Requesting CLIs on my Cards

Anonymous — Thu, 26 Jul 2018 00:16:18 GMT

i normally wait at least 6 months and it hasn't failed me yet, i've been approved for every CLI so far

Re: Time Table for Requesting CLIs on my Cards

HeavenOhio — Thu, 26 Jul 2018 02:48:42 GMT

@Anonymous, with AMEX, request three times your current limit (18k) once the account is 61 days old. For more info, read the first few pages and the last few pages of this thread:

The Definitive Amex 3X CLI Guide