topic Re: Does Heavy Use = Higher CLIs? in Credit Cards

Does Heavy Use = Higher CLIs?

masscredit — Thu, 04 Oct 2012 01:12:49 GMT

Are you more likely to get a better CLI if you give your card a good workout, and of course, pay it on time (possibly in full) over just using it once in awhile?

Re: Does Heavy Use = Higher CLIs?

Jahmakan — Thu, 04 Oct 2012 01:25:21 GMT

I guess your mileage may vary as they say, and this could be pure coincidence, but I have had a Discover More card for a little over two years now and last month I spent significantly more than my monthly average, paid in full and today I got notice of a credit line increase. Who knows...

Re: Does Heavy Use = Higher CLIs?

creditnocash — Thu, 04 Oct 2012 01:43:53 GMT

it really is ymmv.

i mean best buy doesnt really do cli. but i used 200 dollars on my walmart card in 4 months. pif same month (sept) and asked for a cli and they gave me 800 to 3k.

so anything is possible.

ive put through about 5-600 on my ge american eagle card. and they denied my cli. account is about two weeks newer then walmart. (opened since mid july)

Re: Does Heavy Use = Higher CLIs?

LS2982 — Thu, 04 Oct 2012 02:04:46 GMT

@masscredit wrote:
Are you more likely to get a better CLI if you give your card a good workout, and of course, pay it on time (possibly in full) over just using it once in awhile?

In most cases yes, as long as your not constantly maxxing the card and PIF. I figure just over 50% of the CL and PIF.

Re: Does Heavy Use = Higher CLIs?

maiden_girl — Thu, 04 Oct 2012 02:07:53 GMT

@LS2982 wrote:
@masscredit wrote:
Are you more likely to get a better CLI if you give your card a good workout, and of course, pay it on time (possibly in full) over just using it once in awhile?
In most cases yes, as long as your not constantly maxxing the card and PIF. I figure just over 50% of the CL and PIF.

I agree with this. The CCC like to see you're using your card as much as possible (they make money on every transaction) and of course PIF. They typically reward heavy usage and awesome credit management.

Re: Does Heavy Use = Higher CLIs?

fused — Thu, 04 Oct 2012 02:14:42 GMT

@masscredit wrote:
Are you more likely to get a better CLI if you give your card a good workout, and of course, pay it on time (possibly in full) over just using it once in awhile?

In years past, yes that was probably true. These days, YMMV (your mileage may vary) as others have posted.

Re: Does Heavy Use = Higher CLIs?

Anonymous — Thu, 04 Oct 2012 02:25:06 GMT

So far heavy usage has not resulted in an automatic CLI from Citicards.

Has anyone received an automatic CLI from them ?

Re: Does Heavy Use = Higher CLIs?

fused — Thu, 04 Oct 2012 02:29:09 GMT

@Anonymous wrote:
So far heavy usage has not resulted in an automatic CLI from Citicards.

Has anyone received an automatic CLI from them ?

I used to get regular CLI's from CITI until about two years ago. About 4 or 5 years ago, Amex, CITI, FIA and BoA (wife) gave us large CLI's for heavy usage.

Re: Does Heavy Use = Higher CLIs?

maiden_girl — Thu, 04 Oct 2012 02:32:26 GMT

I'm going to stop app'ing to Citi...now I'm so mad they deny me for stupid reason...I've set my eyes on the Chase Freedom...probably in December 2012 hopefully.

I've also heard CITI doesn't give auto CLIs..

Re: Does Heavy Use = Higher CLIs?

MrCredit — Thu, 04 Oct 2012 07:25:26 GMT

YMMV, depends on scores and usage. PIF before the statement cuts. I use my cards for EVERYTHING and PIF. There are certain banks that will do auto CLI and some now you have to ask. BOA, Citi, USAA, and most CUs you have to ask. Chase has been the only one in the recent years who has been an auto CLI for me.

BOA likes usage in my opinion and when you apply on their site for an CLI, it will say "call us for instant decision" Don't call them and two days later like magic, you will see a CLI. Do not ask for more than 25% CL.

Re: Does Heavy Use = Higher CLIs?

Anonymous — Thu, 04 Oct 2012 07:37:30 GMT

If you barely use the card, why would they give you a limit increase?

Then they feel that the card would only be used in a financial emergency, and a higher chance of default would be possible.

So yes, using a card is more likely to get you a larger increase.

Re: Does Heavy Use = Higher CLIs?

MrCredit — Thu, 04 Oct 2012 07:39:56 GMT

Re: Does Heavy Use = Higher CLIs?

CreditScholar — Thu, 04 Oct 2012 08:29:55 GMT

@MrCredit wrote:
+1

+2. I use my Chase cards very heavily and received a large auto CLI after only 3 months.

Re: Does Heavy Use = Higher CLIs?

masscredit — Thu, 04 Oct 2012 16:26:58 GMT

I use mine, let the statements close/amounts post then pay before the due date. I have a few accounts that I would like to see have healthy limits so I'm going to target them and give them more use than accounts that I know won't grow as much.

Re: Does Heavy Use = Higher CLIs?

DCole3g — Tue, 23 Oct 2012 16:52:39 GMT

Fused, I know this is totally off subject, but I am trying to contact you via PM. I am hoping that you are subscribed to this thread and will get this in an email

Re: Does Heavy Use = Higher CLIs?

Anonymous — Tue, 23 Oct 2012 16:59:10 GMT

@Anonymous wrote:
So far heavy usage has not resulted in an automatic CLI from Citicards.

Has anyone received an automatic CLI from them ?

Several, most recently this month.

Re: Does Heavy Use = Higher CLIs?

Sparkz1920 — Tue, 23 Oct 2012 16:59:43 GMT

BOA denied me for not using my current limit and 2 baddies on my TU

I wanted to ask, why did u give it to me in the first place. Same credit file and a better score

Re: Does Heavy Use = Higher CLIs?

navigatethis12 — Tue, 23 Oct 2012 17:06:59 GMT

Discover gave an increase when I have not used the card for more than a few hundred dollars since the beginning of the year. FIA gave one when I have not used the card in a while, and did not charge that much when I did. It really varies, but as someone else said, they may say no if you are not using it, since you have no reason to need to charge more.

Re: Does Heavy Use = Higher CLIs?

orl2185 — Tue, 23 Oct 2012 17:26:25 GMT

I guess I'm the odd ball then. I barely use my cards period, yet get cli's quite a bit. WOW!!!!

Isn't this promoting getting into debt I presume just to get limit increases? SMH...

Re: Does Heavy Use = Higher CLIs?

Anonymous — Tue, 23 Oct 2012 17:46:19 GMT

@orl2185 wrote:
I guess I'm the odd ball then. I barely use my cards period, yet get cli's quite a bit. WOW!!!!

Isn't this promoting getting into debt I presume just to get limit increases? SMH...

This is not promoting getting into debt. This is just saying, shift spending around and continue to PIF.