topic Re: Apple Card CLI in Credit Cards

Apple Card CLI

Crispy — Mon, 19 Sep 2022 05:52:08 GMT

Hi, wondering if anyone has any experience with CLI for the apple card and best method to getting approved for an increase, I have a lower starting limit of $1500. thanks

Re: Apple Card CLI

Cashbackjunky — Mon, 19 Sep 2022 05:55:25 GMT

@Crispy wrote:
Hi, wondering if anyone has any experience with CLI for the apple card and best method to getting approved for an increase, I have a lower starting limit of $1500. thanks

Hi and welcome! When did you get the card and have you put much spend through it?

It's a SP and you can ask when you want by just texting the Apple number 'credit limit increase'.

To text the Apple number, find the Apple card in your Apple wallet then hit the 3 dots at the top right. Then hit "message".

Cheers!

Re: Apple Card CLI

bigseegar — Mon, 19 Sep 2022 11:40:45 GMT

@Crispy wrote:
Hi, wondering if anyone has any experience with CLI for the apple card and best method to getting approved for an increase, I have a lower starting limit of $1500. thanks

You have to put a lot of spend and payments on it first to prove to GS usage and payment history. If the card is new then after 91 days (although many have to wait 6 months for the first CLI now) and tjhen every 91 days after that you can ask for a CLI. If denied you have to wait at least 30 days to ask again. The biggest factor for approval though will be usage and payments.

Re: Apple Card CLI

Aim_High — Mon, 19 Sep 2022 21:24:29 GMT

Welcome to My Fico Forums, @Crispy.

Using the "search" toolbar to check old threads will often yield a substantial goldmine of information before asking questions. This topic has been discussed extensively on the fourms for almost three years. As answered above, Goldman Sachs is highly sensitive to prior spending on the card as a percentage of your existing credit limit. The higher the spend, the greater your chances of a CLI as long as other profile variables are in-order. As a target, spending at least 30% of CL (in your case, $500 of $1500 limit) in-between CLI requests would often yield an increase. If you increased the spend to $1K to $2K, it might grow faster. One member (@CreditAggie) grew an Apple card from $250 SL to $12K CL, a 48x initial limit! And yes, you may be approved for an increase as often as every 91 days with a soft pull.

See >THIS THREAD LINK< from a long message thread where we established the apparent spending thresholds in 2019-2020 shortly after the card was released. There are many data points from our membership in that thread. Also, I included data points in my CLIs from $20K to $30K and from $30K to $40K. However, the same principles appear to apply to a $1500 CL as much as a $40K CL.

Re: Apple Card CLI

Crispy — Tue, 20 Sep 2022 05:55:42 GMT

Thank you!

Re: Apple Card CLI

Crispy — Tue, 20 Sep 2022 05:56:14 GMT

Thank you so much this was an incredible amount of help! Cheers