topic Re: New Years CLIsolutions in Credit Cards

New Years CLIsolutions

laboi_22 — Mon, 02 Jan 2012 16:06:43 GMT

So my new years credit resolutions are:

1) don't apply for any new accounts - hard to do I know but I'm happy with my current mix

2) Get CLIs on Discover and Chase Freedom

How should I go about doing this. What is the best method for obtaining CLI from these 2 cards. They are difficult. Currently they are in the sock drawer. They both have low limits. They will both be a year in or around July which is when I intend on requesting CLIs. What should I do up until then with these card? Any advice?

Re: New Years CLIsolutions

RockinRay — Mon, 02 Jan 2012 16:21:04 GMT

I would simply run some small charges on them and PIF prior to the statement cut.

This would be the easiest solution while providing activity on the card.

JMO - Ray

Re: New Years CLIsolutions

Anonymous — Mon, 02 Jan 2012 16:22:47 GMT

Chase does a hard pull for CLIs, just FYI

Re: New Years CLIsolutions

JustMe77 — Mon, 02 Jan 2012 18:11:40 GMT

i've read other threads here about Discover CLIs. Apparently they are big on usage, so if you use your Discover card a lot, it will put you in a better position for a CLI.

Re: New Years CLIsolutions

quest208 — Mon, 02 Jan 2012 18:53:47 GMT

continue to pay on time is mine. keep util low. everything else will fall into place

Re: New Years CLIsolutions

laboi_22 — Mon, 02 Jan 2012 20:25:33 GMT

I also thought Discover was a hard pull. I may begin to put a few expenses through these cards each month. In July if I don't have an auto CLI, then I will request a HP. By then my UTL should be lower as well!

Re: New Years CLIsolutions

LS2982 — Mon, 02 Jan 2012 20:29:02 GMT

@laboi_22 I would run some regular bills (utility, car) though them for 6 months til july and ask for CLI.

Re: New Years CLIsolutions

laboi_22 — Mon, 02 Jan 2012 20:34:03 GMT

I was thinking of doing that however that is what I use my Zync for. But Discover now has 2% cash back for utility bills till the end of this year. Good incentive!!

Re: New Years CLIsolutions

LS2982 — Mon, 02 Jan 2012 22:12:42 GMT

@laboi_22 wrote:
I was thinking of doing that however that is what I use my Zync for. But Discover now has 2% cash back for utility bills till the end of this year. Good incentive!!

Assign at least 1 bill to each card, still getting rawards and keeping the cards active.

Re: New Years CLIsolutions

laboi_22 — Mon, 02 Jan 2012 23:22:28 GMT

Good idea!!

Re: New Years CLIsolutions

Anonymous — Tue, 03 Jan 2012 14:27:03 GMT

Discover definitely likes to see heavy usage. If you want a CLI, use it frequently and PIF every month. If you try a CLI with their automated phone system, there is no HP (if you go to a rep, they will probably ask for a HP). Chase on the other hand will not even consider a CLI without a HP.