topic Re: Ally CLI’s in Credit Cards

Ally CLI’s

drewricomakeubu — Thu, 22 Jun 2023 14:24:51 GMT

How is ally abour CLI's? Seeing this transition from Ollo to Ally, I've had my Ollo for a few years now and honestly don't ever use it since it has a $300 limit. They would never do a cli without a hard pull saying I didn't use it enough. Is Ally a little easier about getting CLI's? If not I'm considering just closing the card cause it's not my oldest card and it's of no use to me at this point.

Re: Ally CLI’s

Linnaea — Thu, 22 Jun 2023 14:27:32 GMT

I'm following cause I am curious as well.

Re: Ally CLI’s

Catbird_Seat — Fri, 23 Jun 2023 01:46:49 GMT

I'm curious too, as my Olly card was opened 2 years ago for $1,500, they gave me one increase at 6 months to $1,800, where it stayed until 2/23, at which time it was CLD to $300, now it sits on my desk, unused.

I had used it, PIF, carried a 10-20% balance for a month or 2, PIF, rinse in repeat randomly over the 2 years.

I had no unusual activity on my reports at the time of the CLD, my scores had actually been increasing month over month.

Re: Ally CLI’s

MileHigh96 — Fri, 23 Jun 2023 09:12:19 GMT

I've had the opposite experience with my Ollo card. It had a $1500 CL when I opened it and then sometime in the first year (I don't remember when exactly) I got an out increase to $2800 and then a few months ago I got another auto increase to $4800 where it sits now.

Only DP I really have is that I took advantage of 0% BT offers twice and have been paying that balance down every month. It's the only card I have that carries a balance right now and I have only $1,000 on the card now, which is almost all at 0% for another 6 months or so.

I have established my Ally account and I can login there and see all my info. I checked, and while they do have a CLI link in the app, I get a message that you can't manually request an increase, they are the ones that will periodically check your account and decide whether they will increase the limit or not. I have no idea how generous they are or will be with auto increases.

Re: Ally CLI’s

md_rebuild — Fri, 23 Jun 2023 13:40:59 GMT

Count me in as curious as well. Got my Ollo card 2 years ago ($3.3K CL). Used it a bit, churning through the limit at least 1x a month, PIF, and after 6 months I got no love, so I moved on to other cards where I know churn is rewarded (even if just a bit).

If Ally is better, it might be worth it to give it another try.

Re: Ally CLI’s

Tyrannos — Fri, 23 Jun 2023 23:39:45 GMT

Based off the UI and verbiage on Ally's website I would say that there whole credit card system is built on top of the old Ollo system. So I would assume they are going to keep the same CLI process for now.

I started off with a $2500 limit back in 2020 and I know I got at least 2 systemic CLI. One really small one after I basically maxed out the card when I funded a new bank account. The other one didn't come from any big purchases, but it was higher and now I'm sitting at $3700.

Definetly a card you need to use to get to grow.

Re: Ally CLI’s

drewricomakeubu — Wed, 28 Jun 2023 18:36:30 GMT

@Tyrannos wrote:
Based off the UI and verbiage on Ally's website I would say that there whole credit card system is built on top of the old Ollo system. So I would assume they are going to keep the same CLI process for now.

I started off with a $2500 limit back in 2020 and I know I got at least 2 systemic CLI. One really small one after I basically maxed out the card when I funded a new bank account. The other one didn't come from any big purchases, but it was higher and now I'm sitting at $3700.

Definetly a card you need to use to get to grow.

This is 100% correct. Called Ally today and they said customer inititiated CLI's are not available. Cut up my Ollo card and honestly can't wait for the brand new shiny ally card to come in so I can cut it up too.

Re: Ally CLI’s

SUPERSQUID — Wed, 28 Jun 2023 21:46:32 GMT

@drewricomakeubu wrote:
How is ally abour CLI's? Seeing this transition from Ollo to Ally, I've had my Ollo for a few years now and honestly don't ever use it since it has a $300 limit. They would never do a cli without a hard pull saying I didn't use it enough. Is Ally a little easier about getting CLI's? If not I'm considering just closing the card cause it's not my oldest card and it's of no use to me at this point.

To be honest if I had 3 nice chase cards and an Amex like you I would just close that ollo, its strictly a rebuilding card imho

Re: Ally CLI’s

drewricomakeubu — Wed, 28 Jun 2023 21:51:41 GMT

@SUPERSQUID wrote:
@drewricomakeubu wrote:
How is ally abour CLI's? Seeing this transition from Ollo to Ally, I've had my Ollo for a few years now and honestly don't ever use it since it has a $300 limit. They would never do a cli without a hard pull saying I didn't use it enough. Is Ally a little easier about getting CLI's? If not I'm considering just closing the card cause it's not my oldest card and it's of no use to me at this point.
To be honest if I had 3 nice chase cards and an Amex like you I would just close that ollo, its strictly a rebuilding card imho

I'm going to close it when the new card comes in. I have no use for it. Got it when my credit was in the trash and never even used it but I think once or twice. The tribe has spoken!

Re: Ally CLI’s

CCrew — Thu, 29 Jun 2023 17:56:11 GMT

Ally's CC system is essentially Ollo's, as they didn't have one, and wanted into the CC space. Merrick was their first dance partner and when that fell through they went with Ollo to get the platform.

Re: Ally CLI’s

dryanaz80 — Sun, 02 Jul 2023 13:41:10 GMT

FWIW, Ollo gave me a $100 CLI at 6 months for a total of $600; 2 months later I get an automatic increase of $1100 so a total of $1700. So, Ollo is/was definitely issuing CLI. Based on my recent success, don't think I'll poke the bear too soon with Ally (I seem to be a late cycle transition as I've not yet gotten an alert that my card has been mailed, but the pre-emails I've received. Hoping that it pops up a love button to make the process easier, though. Cheers!

Re: Ally CLI’s

drewricomakeubu — Sun, 02 Jul 2023 15:29:04 GMT

@dryanaz80 wrote:
FWIW, Ollo gave me a $100 CLI at 6 months for a total of $600; 2 months later I get an automatic increase of $1100 so a total of $1700. So, Ollo is/was definitely issuing CLI. Based on my recent success, don't think I'll poke the bear too soon with Ally (I seem to be a late cycle transition as I've not yet gotten an alert that my card has been mailed, but the pre-emails I've received. Hoping that it pops up a love button to make the process easier, though. Cheers!

I've used my Ollo card maybe twice, which is why they won't give any more credit. I called Ally and they won't do a customer initiated CLI so sockdrawer it goes.

Re: Ally CLI’s

nwa479 — Mon, 31 Jul 2023 21:57:06 GMT

I had the Ollo at $1800 forever, then got an increase to $2900 where it sits now. I'll use it for the 3% but after reading this, won't get my hopes up that it will have CLIs. I thought they already had cards so thought I'd be able to ask for an increase.

Re: Ally CLI’s

cameronusmc20011 — Mon, 22 Jan 2024 21:52:48 GMT

I was at $5400 CL with OLLO/Ally and paid it in full, they then decided to drop me to $300!!!!!! 8% total utilization and great income. I called in and asked **bleep**, nicely mind you, and they told me that it was too big of a payment and it triggered something internally. Also said there is nothing they can do to get my CL back to where it was????????????

Re: Ally CLI’s

7774x — Mon, 22 Jan 2024 23:42:24 GMT

@nwa479 wrote:
I had the Ollo at $1800 forever, then got an increase to $2900 where it sits now. I'll use it for the 3% but after reading this, won't get my hopes up that it will have CLIs. I thought they already had cards so thought I'd be able to ask for an increase.

Called Ally last year about CLI they said wait until Olly deal is completed... called in dec .. said they don't do customer request CLIs . sitting on 3,000 CL .. when it expires going into garbage

Re: Ally CLI’s

citymunky — Tue, 23 Jan 2024 00:12:47 GMT

@cameronusmc20011 wrote:
I was at $5400 CL with OLLO/Ally and paid it in full, they then decided to drop me to $300!!!!!! 8% total utilization and great income. I called in and asked **bleep**, nicely mind you, and they told me that it was too big of a payment and it triggered something internally. Also said there is nothing they can do to get my CL back to where it was????????????

That is unfortunate, and crazy that no one in the company could override that CLD. Note to self don't pay off a large amount on ally card.

@drewricomakeubu wrote:

I've used my Ollo card maybe twice, which is why they won't give any more credit. I called Ally and they won't do a customer initiated CLI so sockdrawer it goes.

I got the same answer when I called CS. As others said, their credit UW model is excat copied from Ollo's polices. Only time will tell if ally develops their own UW polices which will allow for customer requested CLIs. For now the card is forever in the sock drawn that I keep alive with a few charges every other month or so.

Re: Ally CLI’s

Linnaea — Tue, 23 Jan 2024 02:39:26 GMT

I have had Ally apx 9 months I was just starting to rebuild (still am). I put lots of spend on Ally I would almost max and pay in full and spend more and do the same.... only had a $300 limit. WOO HOO (sarcastic) at 6 month mark only $100 increase. Scores are at apx 650 Fico8 give or take.... I am like why bother... reason I keep it is the cash back and there high yield savings account. First I will ditch Mission Lane low cli and no spoofs to the card. Other cards Navy and Capital One are awesome sauce.