topic Re: Chase CLI? in Credit Cards

Chase CLI?

nvrgvupnvrsrndr — Sun, 16 Jun 2013 16:46:37 GMT

Just received my CS and Chase Freedom(both Visa Sig's) about 3 weeks ago. Starting CL's are $5k each. How long does it usually take for auto CLI? When should I request a CLI or should I wait for auto? I don't need the extra credit but want start working toward higher CL in hopes of looking the best I can to future mortgage lenders.

Re: Chase CLI?

jenn_bar — Sun, 16 Jun 2013 16:51:11 GMT

@nvrgvupnvrsrndr wrote:
Just received my CS and Chase Freedom(both Visa Sig's) about 3 weeks ago. Starting CL's are $5k each. How long does it usually take for auto CLI? When should I request a CLI or should I wait for auto? I don't need the extra credit but want start working toward higher CL in hopes of looking the best I can to future mortgage lenders.

I never received an auto CLI with my Chase Freedom and I've had it for the past 1.5 years with perfect usage. What I did though, is when I was approved for the CSP, I called them and asked if they could use that same report to give me a CLI on my Freedom without having to ask later and get hard pulled. He took a few days, but it was done in the end!

Do you plan to upgrade to the preferred? If so, at that time, you can kill two birds with one stone. Yes, you'll probably get hard pulled again, but it doesn't hurt to ask to take care of the Freedom's CL.

Re: Chase CLI?

nvrgvupnvrsrndr — Sun, 16 Jun 2013 16:58:25 GMT

Not sure I can justify the CSP. With the other cards I have I don't think I'd spend enough on the CSP to justify the annual fee. While the metal card has a "cool factor" I don't think it's worth $95 a year to me. That' pretty much the same reasoning I used when deciding to get a AMEX PRG over a Platinum.

Re: Chase CLI?

jenn_bar — Sun, 16 Jun 2013 17:04:39 GMT

@nvrgvupnvrsrndr wrote:
Not sure I can justify the CSP. With the other cards I have I don't think I'd spend enough on the CSP to justify the annual fee. While the metal card has a "cool factor" I don't think it's worth $95 a year to me. That' pretty much the same reasoning I used when deciding to get a AMEX PRG over a Platinum.

Gotcha! No worries. For me the sign up bonus and 1:1 Southwest miles triggered it. Those are super valuable to me as I fly cross country 5+ times a year. Unfortunately, I am not sure about the auto CLI. Someone else will have to let you know if they've received it! I'd love to know too!

Re: Chase CLI?

nvrgvupnvrsrndr — Sun, 16 Jun 2013 17:12:23 GMT

Thanks for responding anyway. I'll let you know if get any useful data.

Re: Chase CLI?

nvrgvupnvrsrndr — Sun, 16 Jun 2013 18:55:00 GMT

Any other thoughts on how long it normally takes Chase for an auto CLI. Do most Chase CC account holders here wait for an auto or does Chase have anything like AMEX's 61 day 3X CLI?

Re: Chase CLI?

red259 — Sun, 16 Jun 2013 18:57:36 GMT

They don't have an amex type CL increase. Some people have gotten auto-CLIs, some have not. Not sure how to predict if you will get one. You can apply for a CLI but it will be a HP.

Re: Chase CLI?

red259 — Sun, 16 Jun 2013 18:58:30 GMT

I think I saw some people get one within as little as three to four months.

Re: Chase CLI?

nvrgvupnvrsrndr — Sun, 16 Jun 2013 19:03:04 GMT

UUGH...don't want any HP's. Even though I'm not an official garden member I'm technically there. I've never taken the time to figure out how to officially join the garden. I have no plans for any additional cards until applying for the BCE in Dec 13.

Re: Chase CLI?

CreditScholar — Mon, 17 Jun 2013 03:30:12 GMT

@nvrgvupnvrsrndr wrote:
Any other thoughts on how long it normally takes Chase for an auto CLI. Do most Chase CC account holders here wait for an auto or does Chase have anything like AMEX's 61 day 3X CLI?

It really depends on a number of factors, but if you don't have prolonged heavy usage (for a few months and always PIF) the odds of an auto-CLI are fairly low.

Re: Chase CLI?

pt310 — Mon, 17 Jun 2013 03:47:38 GMT

Had mine since 2006, no auto-luv, ever. But then again I'm one of those "WaMu" step-children. If it wasn't my oldest open TL, I'd close it.

Re: Chase CLI?

CreditScholar — Mon, 17 Jun 2013 04:10:25 GMT

@pt310 wrote:
Had mine since 2006, no auto-luv, ever. But then again I'm one of those "WaMu" step-children. If it wasn't my oldest open TL, I'd close it.

Chase has definitely treated clients acquired from WaMu as second-class, and there are lots of people saying the same thing. Do you put a lot of spending through it?

Re: Chase CLI?

Revelate — Mon, 17 Jun 2013 06:59:11 GMT

@CreditScholar wrote:
@pt310 wrote:
Had mine since 2006, no auto-luv, ever. But then again I'm one of those "WaMu" step-children. If it wasn't my oldest open TL, I'd close it.
Chase has definitely treated clients acquired from WaMu as second-class, and there are lots of people saying the same thing. Do you put a lot of spending through it?

I'm not certain it matters sadly; the Wamu cards and others that Chase has acquired often got put into a seperate class of card (Chase has some silly number of Freedom card types) and they each had different internal product caps.

Think realistically the best option is just to open a different card if desiring future tradeline growth with Chase; however, if it's sitting at $0 AF, not much reason to really close it barring the usual inconvenience possible loss factor.

Re: Chase CLI?

pt310 — Mon, 17 Jun 2013 16:09:37 GMT

@Revelate wrote:
@CreditScholar wrote:
@pt310 wrote:
Had mine since 2006, no auto-luv, ever. But then again I'm one of those "WaMu" step-children. If it wasn't my oldest open TL, I'd close it.
Chase has definitely treated clients acquired from WaMu as second-class, and there are lots of people saying the same thing. Do you put a lot of spending through it?
I'm not certain it matters sadly; the Wamu cards and others that Chase has acquired often got put into a seperate class of card (Chase has some silly number of Freedom card types) and they each had different internal product caps.

Think realistically the best option is just to open a different card if desiring future tradeline growth with Chase; however, if it's sitting at $0 AF, not much reason to really close it barring the usual inconvenience possible loss factor.

No, there's no AF, and currently at $0 Balance after years of abuse, uh, I mean use. LOL. It's SD'd now. Nothing seems to matter to Chase on this account...one way or the other.

Re: Chase CLI?

Anonymous — Mon, 17 Jun 2013 16:30:04 GMT

My original credit limit on my Chase Freedom was 500.00. I used the card quite a bit each month and pif before the statement cut. About 4 months later, they gave me an auto increase to 1000.00. I would love a higher limit but am not willing to take a hp for it. I also have had a Chase BP card for almost a year now with a 400.00 limit that just will not budge. So who knows why they choose certain customers/cards to give an auto increase too. I would love to get my BP card bumped to 1,000. My Shell card just doubled from 600.00 to 1200.00 with cit so maybe Chase will follow.