topic Re: Multiple Chase CLI's and HP's in Credit Cards

Multiple Chase CLI's and HP's

SoCalifornia — Mon, 10 Jun 2019 23:49:28 GMT

When requesting CLI's with Chase, is it the same standard procedure, as multiple apps during one a single day? In other words, can I request two CLI on two separate cards in a single day, resulting in one hard pull? Or nah?

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 00:01:48 GMT

It's debateable when it comes to multiple lines. The reps will say it's 1 HP / CLI x Cards.

I did a CLI once awhile back and got 5K. Turned around less than a month later and opened a new account for 25.9K of which I shuffled around the CL's to where I wanted them.

Some have luck on the CLI side and others have better luck on the new account side.

Re: Multiple Chase CLI's and HP's

kdm31091 — Tue, 11 Jun 2019 00:16:19 GMT

To me it's hard enough to convince Chase to give you one CLI much of the time, much less risking two HPs and trying for two CLIs.

Re: Multiple Chase CLI's and HP's

FinStar — Tue, 11 Jun 2019 02:09:55 GMT

@SoCalifornia wrote:
When requesting CLI's with Chase, is it the same standard procedure, as multiple apps during one a single day? In other words, can I request two CLI on two separate cards in a single day, resulting in one hard pull? Or nah?

Based on a variety of DPs, it's likely to result in 2 HPs. Potentially, *if* approved for a substantial amount on the first request (big *if*), you could allocate some of that CL to your other card and avoid the 2nd pull. Otherwise, you can try your luck, but results will vary for sure.

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 10:51:14 GMT

If you're willing to take an HP for a CLI, I would just take the HP to app. That worked for me getting the CSP. Now I can reallocate to F and FU as well as earn a SUB.

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 13:55:42 GMT

Yeah, but what if you’re trying to reduce your number of accounts?

Since I hadn’t got an automatic CLI in a while, I called Chase yesterday to see if I was due for an update without a hard pull. No go, but he had me update my income and said they will automatically review using only internal factors at the beginning of the month. Not sure if you’ve tried that, OP, but I’m going to give that a whirl before going hard pull route.

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 14:13:04 GMT

The income update thing doesn't usually trigger a CLI. It's just something they're required to ask annually.

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 17:44:58 GMT

I didn’t get the sense that it was a guarantee. Just that if I wanted a CLI without a hard pull, it was this or nothing.

Re: Multiple Chase CLI's and HP's

Anonymous — Tue, 11 Jun 2019 18:40:54 GMT

@Anonymous wrote:
I didn’t get the sense that it was a guarantee. Just that if I wanted a CLI without a hard pull, it was this or nothing.

The only thing that is guaranteed is death and taxes... [Mod snip - 5 Things - KiB]

Re: Multiple Chase CLI's and HP's

K-in-Boston — Tue, 11 Jun 2019 18:31:34 GMT

I've had hit and miss experiences with CLIs with Chase. A few years ago, I was denied for a CLI on my then 10 year-old Freedom card yet minutes later got a CSP approval for $12,000 and a few months later got a Slate approval. About a year before that, I closed a Slate card (originally an older legacy card they did the PC on themselves), and got 3rd degree from an analyst and a HP just to move the credit line over to my Freedom card!

After PCing my CSP to CSR, I decided to give it a shot a few months back and they doubled my credit line from $14,000 to $28,000. A few months ago I got a $15,000 SL on Freedom Unlimited and just last week I got a random auto-CLI of $1500 on my Freedom. Over $30k in new credit from them in the past year, while having mixed results years prior.

Certainly opening a new card to reallocate limits is a good option for many people. However, 5/24 will come into play without green checkmarks or in-branch preapprovals. And even then, it might not always be in someone's best interest to open a new card. I know in my case I wouldn't open yet another Slate card just to reallocate limits, and the only cobranded card that has ever come up with a green checkmark for me is the United card, which does me no good as a Delta/SkyTeam flyer.

As for reusing HPs, Chase is very much YMMV, and any time I ask them for something I always expect 2 pulls and I'm happy if there's only 1.

Re: Multiple Chase CLI's and HP's

851 — Tue, 11 Jun 2019 19:50:13 GMT

@K-in-Boston wrote:
...
However, 5/24 will come into play without green checkmarks or in-branch preapprovals.
...

What do you mean about the in-branch preapprovals in regards to 5/24? Wondering if opening new bank accounts would be a good time to apply (all in person... and at the private client level of assets)?

edit: I was going to apply for one or 2 cards and be on my way, but I've gone full deep dive on my analysis of card comparisons, and now I'm building a longterm/ideal wallet setup for myself... so 5/24 factors into my plans now.

Re: Multiple Chase CLI's and HP's

coreysw12 — Tue, 11 Jun 2019 21:05:40 GMT

@Anonymous wrote:
If you're willing to take an HP for a CLI, I would just take the HP to app. That worked for me getting the CSP. Now I can reallocate to F and FU as well as earn a SUB.

For the OP, this wouldn't really work, as they already have the CF, CFU, and CSP. There aren't really any new cards they can apply for. Can't apply for a new CSR if you already have a Sapphire card, you can only do a PC to get the CSR (or I guess you could close the CSP, then apply for a CSR, but if your CSP's SUB was earned less than 4 years ago, then you won't get the CSR SUB).

Edit: I guess they could apply for a Slate, but then they'll end up with another card in their wallet they'll probably never use because the CL will be so small after shifting most of it to other card(s).

Re: Multiple Chase CLI's and HP's

K-in-Boston — Tue, 11 Jun 2019 21:35:06 GMT

@851 wrote:
@K-in-Boston wrote:
...
However, 5/24 will come into play without green checkmarks or in-branch preapprovals.
...
What do you mean about the in-branch preapprovals in regards to 5/24? Wondering if opening new bank accounts would be a good time to apply (all in person... and at the private client level of assets)?

edit: I was going to apply for one or 2 cards and be on my way, but I've gone full deep dive on my analysis of card comparisons, and now I'm building a longterm/ideal wallet setup for myself... so 5/24 factors into my plans now.

In-branch preapprovals will generally override 5/24 in the same way that green (and black for business cards) checkmark offers will. Chase Private Client also used to be able to pull strings for card approvals, but that no longer seems to be the case from recent reports here.

Re: Multiple Chase CLI's and HP's

SoCalifornia — Wed, 12 Jun 2019 04:56:31 GMT

Incidentally, Chase must have either felt the same way about a CLI or there's a mole in this forum 🤔

Some point throughout the day they snuck in a $2500 CLI my CFU. So this question turned out to be a moot thought. 😅

Thanks for all the sides of perspective 🤷🏽‍♂️

Re: Multiple Chase CLI's and HP's

zerofire — Thu, 13 Jun 2019 00:45:11 GMT

@SoCalifornia wrote:
Incidentally, Chase must have either felt the same way about a CLI or there's a mole in this forum 🤔

Some point throughout the day they snuck in a $2500 CLI my CFU. So this question turned out to be a moot thought. 😅

Thanks for all the sides of perspective 🤷🏽‍♂️

Chase is too busy to snoop on this forum with being the largest holders of deposits in the US. Most likely they wanted to throw you a snack because of your patience with them.