topic Chase MASSIVE 500% CLI. It's a miracle!! in Credit Cards

Chase MASSIVE 500% CLI. It's a miracle!!

SwiftTone — Mon, 04 Jun 2012 01:15:56 GMT

So I called the executive office yesterday and spoke to Marie regarding a PC from Slate to Freedom, and to do a CLI. I've dealt her back in late February when the regular CSR said it would be a SP for a CLI, but it ended up being a HP, and they only raised my CL from $300 up to $500. Marie took care of me and recoded the HP into a SP, then gave me an additional CLI up to $700. Although not the CL I wanted, it was realistic.

Since February, the following has happened:

- Applied for Chase Sapphire Preferred, denied ultimately after 3 recon attempts. Reason was that I didn not have any other similar CL. At the time my highest CL was $1250 with Capital One

- Was added as AU on Capital One account with a $9500 CL. But I don't think it's helping me with my FICO score because it didn't raise my AAoA. So I think I want this removed.

- Applied and approved for a Discover More with a CL of $3500 in April. Been running this card through it's full CL. Card is not reporting yes on my reports.

- Opened a Chase Checking account mid May.No activity yet.

- 2 Federal student of $4500 started reporting.

- 1 late payment removed from January 2010 (Capital One)

So I talked to Marie regarding a PC from Slate to PC, and CLI. At first she was like "well this is the executive office, we usually don't deal with PCs" Then I explained to her that last time she told me to call her for PCs, CLIs etc, and she understood. She checked my Slate account but said it's not giving her an option for PC but she doesn't know why and it could be a bunch of reason such as that the account isn't even a year old(it just hit 6 months) or my CL isn't high enough. She said she will have to check. I also mentioned that it's been only a few months since my last CLI so it might be too early, but she said that she can always try. She took my info such as income, my length of employment, company(she noticed that it was another bank), and what I was hoping for a CL.

I told her my Discover(didn't tell her it's not yet reporting) is at a CL $3500, and that I was hoping to get $3500 or $4000 because I just opened a checking account last month and want to run spendings through my Chase cards due to the rewards program. I told her that I would only want to do it if it's a SP, and not a HP. She said that at the Executive Office they would only do SPs and told me not to worry. She said I should expect a call back the same day or on Monday.

I logged into my Chase account this morning and what do I see? My CL has been raised from $750 to $4000!!! Its more than a 500% increase! However my account still says Slate(boooo). I'm pretty psyched but at the same time little down because it's still a Slate with no rewards. I'm just hoping that the PC is taking a little longer to process or the system just hasn't switched my account to a Freedom yet because I called early afternoon. Sometimes things like this takes atleast a couple business days to switch in the system. I haven't confirmed that it's a SP, but I have confidence that it is. But even if it's a HP, it could be worth it.

What surprised me is that she just took my word for what my Discover CL is because that account isn't even reporting yet. I'm also always surprised at the service I'm giving from Chase, especially her. They seem to want to earn my business but of course within reason. ie: I took the initiative to open an checking account with the maximum intial deposit allowed.

This will really help me reach my goals of getting the Chase Sapphire Preferred that I will be gardening for until October. I want the Chase Trifecta!!

My credit profile is as follows:

- AAoA: 3 years 3 months after the student loans reported(subsidized and unsubsidized report as individual accounts) My AAoA should be still above 3 years after my discover reports

- Utilization: 16% including Capital One AU account, 4% excluding Capital AU account

- Oldest account 7 years 11 months

- 5 30-60 lates back in 2nd half of 2009 on a auto loan. No baddies since.

- Inquries last 12 months: 3 inq on EX(1 is landlord), 0 on TU, and 1 on EQ

I hope this information will help someone learn how to deal with Chase and getting what they want.

Re: Chase Slate 500% CLI. It's a miracle!!

Anonymous — Sat, 02 Jun 2012 20:55:21 GMT

Congrats on the CLI! Huge jump.

Re: Chase Slate 500% CLI. It's a miracle!!

Anonymous — Sat, 02 Jun 2012 23:16:23 GMT

Oh, that's really great! Can you list the number you used? I want to try for a SP CLI in a few months. I have a Chase Southwest. High utilization each month, currently paid off in full. I have only had it since March; I put over $6,000 on it since then and paid it all off. I also have no baddies on my report. The only thing that's bad is I opened up a bunch of other CC accounts around the same time of the Southwest Rapid Rewards card. So, when I ask for a CLI in October, they will see that. I am not sure if I should ask and risk AA. What do you think?

Re: Chase Slate 500% CLI. It's a miracle!!

SwiftTone — Mon, 04 Jun 2012 01:20:47 GMT

@Anonymous wrote:
Oh, that's really great! Can you list the number you used? I want to try for a SP CLI in a few months. I have a Chase Southwest. High utilization each month, currently paid off in full. I have only had it since March; I put over $6,000 on it since then and paid it all off. I also have no baddies on my report. The only thing that's bad is I opened up a bunch of other CC accounts around the same time of the Southwest Rapid Rewards card. So, when I ask for a CLI in October, they will see that. I am not sure if I should ask and risk AA. What do you think?

When you say high utilization each month, do you mean that you let a high balance revolve from month to month? If you just use the card through it's CL, but pay it off by statement cut date, I wouldn't worry about this at all. But if you revolve large balance into the next month, that's not very good.

To my knowledge, Chase isn't too prone to AA as long as nothing is negative. I'd give it a shot when 6 months hit. Just keep using the card through it's CL range and it off, that way you can tell them that you need a CLI to avoid paying CC bills more than onces a month. It was one of the reasons i used. Good luck

Re: Chase MASSIVE 500% CLI. It's a miracle!!

LS2982 — Mon, 04 Jun 2012 01:31:09 GMT

@SwiftTone wrote:
So I called the executive office yesterday and spoke to Marie regarding a PC from Slate to Freedom, and to do a CLI. I've dealt her back in late February when the regular CSR said it would be a SP for a CLI, but it ended up being a HP, and they only raised my CL from $300 up to $500. Marie took care of me and recoded the HP into a SP, then gave me an additional CLI up to $700. Although not the CL I wanted, it was realistic.

Since February, the following has happened:
- Applied for Chase Sapphire Preferred, denied ultimately after 3 recon attempts. Reason was that I didn not have any other similar CL. At the time my highest CL was $1250 with Capital One
- Was added as AU on Capital One account with a $9500 CL. But I don't think it's helping me with my FICO score because it didn't raise my AAoA. So I think I want this removed.
- Applied and approved for a Discover More with a CL of $3500 in April. Been running this card through it's full CL. Card is not reporting yes on my reports.
- Opened a Chase Checking account mid May.No activity yet.
- 2 Federal student of $4500 started reporting.
- 1 late payment removed from January 2010 (Capital One)

So I talked to Marie regarding a PC from Slate to PC, and CLI. At first she was like "well this is the executive office, we usually don't deal with PCs" Then I explained to her that last time she told me to call her for PCs, CLIs etc, and she understood. She checked my Slate account but said it's not giving her an option for PC but she doesn't know why and it could be a bunch of reason such as that the account isn't even a year old(it just hit 6 months) or my CL isn't high enough. She said she will have to check. I also mentioned that it's been only a few months since my last CLI so it might be too early, but she said that she can always try. She took my info such as income, my length of employment, company(she noticed that it was another bank), and what I was hoping for a CL.

I told her my Discover(didn't tell her it's not yet reporting) is at a CL $3500, and that I was hoping to get $3500 or $4000 because I just opened a checking account last month and want to run spendings through my Chase cards due to the rewards program. I told her that I would only want to do it if it's a SP, and not a HP. She said that at the Executive Office they would only do SPs and told me not to worry. She said I should expect a call back the same day or on Monday.

I logged into my Chase account this morning and what do I see? My CL has been raised from $750 to $4000!!! Its more than a 500% increase! However my account still says Slate(boooo). I'm pretty psyched but at the same time little down because it's still a Slate with no rewards. I'm just hoping that the PC is taking a little longer to process or the system just hasn't switched my account to a Freedom yet because I called early afternoon. Sometimes things like this takes atleast a couple business days to switch in the system. I haven't confirmed that it's a SP, but I have confidence that it is. But even if it's a HP, it could be worth it.

What surprised me is that she just took my word for what my Discover CL is because that account isn't even reporting yet. I'm also always surprised at the service I'm giving from Chase, especially her. They seem to want to earn my business but of course within reason. ie: I took the initiative to open an checking account with the maximum intial deposit allowed.

This will really help me reach my goals of getting the Chase Sapphire Preferred that I will be gardening for until October. I want the Chase Trifecta!!

My credit profile is as follows:
- AAoA: 3 years 3 months after the student loans reported(subsidized and unsubsidized report as individual accounts) My AAoA should be still above 3 years after my discover reports
- Utilization: 16% including Capital One AU account, 4% excluding Capital AU account
- Oldest account 7 years 11 months
- 5 30-60 lates back in 2nd half of 2009 on a auto loan. No baddies since.
- Inquries last 12 months: 3 inq on EX(1 is landlord), 0 on TU, and 1 on EQ

I hope this information will help someone learn how to deal with Chase and getting what they want.

Big CONGRATS!!!! Awesome CLI!!!!!

Re: Chase MASSIVE 500% CLI. It's a miracle!!

SwiftTone — Tue, 05 Jun 2012 17:33:59 GMT

Thanks for the congrats guys! I guess I should be pretty happy, but Marie called me today and told me that I am not eligible for a PC. It took so long for her to let me know because she wanted to find out the exact reason which was that no PCs for the 1st 12 months.

Dang, I really wanted to PC to a Freedom for the 10/10 benefits. I guess I will try again in November.

Re: Chase MASSIVE 500% CLI. It's a miracle!!

Anonymous — Tue, 05 Jun 2012 17:41:48 GMT

Woooooooooooooohoooooooooooooo Congrats on the increase

Re: Chase MASSIVE 500% CLI. It's a miracle!!

SwiftTone — Wed, 06 Jun 2012 23:57:07 GMT

I really wish I needed this CL. But I will be using this as a back up for when they don't accept my Discover. Otherwise I would SD it.

Atleast this will set me up for a CSP in October, and would be a nice PC to a Freedom in November.

Re: Chase MASSIVE 500% CLI. It's a miracle!!

CS800 — Thu, 07 Jun 2012 05:22:51 GMT

Love to hear about those huge CLI's