topic Re: Chase Freedom Question on CLI in Credit Cards

Chase Freedom Question on CLI

Anonymous — Tue, 27 Nov 2012 14:21:58 GMT

Good morning everyone! I had a question about my Chase Freedom. I recently opened it (about a month ago) and have been using it regularly but paying if off every three days (since that's the grace period) since I want the points. I also bank with Chase, and I'm sure they can (if they looked) could see that I also pay regularly on my Capital One card (PIF every week).

My question is if the activity is how it is, how likely is it if I contact the backdoor number would they be willing to give me a CLI to match AT LEAST my $1500 limit on my Capital One so I can use Chase as my primary card? Currently, I've been using the Capital One card since it has the higher limit.

My current limit is $1000 with Chase.

Re: Chase Freedom Question on CLI

distantarray — Tue, 27 Nov 2012 14:42:49 GMT

@Anonymous wrote:
Good morning everyone! I had a question about my Chase Freedom. I recently opened it (about a month ago) and have been using it regularly but paying if off every three days (since that's the grace period) since I want the points. I also bank with Chase, and I'm sure they can (if they looked) could see that I also pay regularly on my Capital One card (PIF every week).

My question is if the activity is how it is, how likely is it if I contact the backdoor number would they be willing to give me a CLI to match AT LEAST my $1500 limit on my Capital One so I can use Chase as my primary card? Currently, I've been using the Capital One card since it has the higher limit.

My current limit is $1000 with Chase.

ever read the TOS? the grace period is NOT 3 days all new charges on the new statement is not charged interest =)

Re: Chase Freedom Question on CLI

EaglesFan2006 — Tue, 27 Nov 2012 14:48:44 GMT

I could be wrong, but I think there is only a certain number of days that you can RECON for a different limit after opening your card without it counting as a new inquiry. With a month gone by, i'm assuming that that window is closed and that Chase will perform a hard check. You might be better off waiting until the six month mark.

Re: Chase Freedom Question on CLI

distantarray — Tue, 27 Nov 2012 14:50:22 GMT

with chase it's usually easier to ask for a new credit card and transfering the CL over to be honest they're pretty stingy after they issue you what they believe is a good CL

Re: Chase Freedom Question on CLI

Anonymous — Tue, 27 Nov 2012 15:00:55 GMT

@distantarray wrote:
@Anonymous wrote:
Good morning everyone! I had a question about my Chase Freedom. I recently opened it (about a month ago) and have been using it regularly but paying if off every three days (since that's the grace period) since I want the points. I also bank with Chase, and I'm sure they can (if they looked) could see that I also pay regularly on my Capital One card (PIF every week).

My question is if the activity is how it is, how likely is it if I contact the backdoor number would they be willing to give me a CLI to match AT LEAST my $1500 limit on my Capital One so I can use Chase as my primary card? Currently, I've been using the Capital One card since it has the higher limit.

My current limit is $1000 with Chase.
ever read the TOS? the grace period is NOT 3 days all new charges on the new statement is not charged interest =)

I meant period between payments. Chase will not let you make a payment every day but only every three. I use my credit cards as a debit card. I use it, then pay them off.

Re: Chase Freedom Question on CLI

Anonymous — Tue, 27 Nov 2012 15:01:42 GMT

@EaglesFan2006 wrote:
I could be wrong, but I think there is only a certain number of days that you can RECON for a different limit after opening your card without it counting as a new inquiry. With a month gone by, i'm assuming that that window is closed and that Chase will perform a hard check. You might be better off waiting until the six month mark.

Aw bummmmer. I guess I'll just wait it out.

Re: Chase Freedom Question on CLI

EaglesFan2006 — Tue, 27 Nov 2012 15:30:49 GMT

@Anonymous wrote:
@EaglesFan2006 wrote:
I could be wrong, but I think there is only a certain number of days that you can RECON for a different limit after opening your card without it counting as a new inquiry. With a month gone by, i'm assuming that that window is closed and that Chase will perform a hard check. You might be better off waiting until the six month mark.

Aw bummmmer. I guess I'll just wait it out.

You could always try calling the backdoor number and explain your situation...just make sure to say that you don't want an inquiry. At worst, they'll just tell you that they can't process anything without one.

Re: Chase Freedom Question on CLI

Epcot — Tue, 27 Nov 2012 19:29:21 GMT

It may be another HP, but you never know until you call and ask. Earlier this month I got approved for a Chase card, picked it up that afternoon and during my activation call I requested a CLI which was approved after them warning me of a HP. Now, weeks later, only the app HP showed up.