topic Re: When emailing a CEO for CLI...? in Credit Cards

When emailing a CEO for CLI...?

Shellie — Tue, 10 Sep 2013 13:07:17 GMT

When emailing a CEO to ask for a CLI What all should you put in the email? Any suggestions welcome!

Also, all of you who have done this, were you carrying a balance on your card at the time? What was your score? Were you successful?

Thanks so much, everyone here is so helpful. It really is amazing.

Re: When emailing a CEO for CLI...?

Anonymous — Tue, 10 Sep 2013 14:25:23 GMT

As far as personal information they usually just need your name and a phone number, I have never emailed my full account number

Re: When emailing a CEO for CLI...?

Eightiron — Tue, 10 Sep 2013 14:35:10 GMT

Be professional. Remember, no body wants to read a essay providing the same information that could have been covered in a paragraph. Be as short and possible while providing a clear reason for the CLI. It also might not hurt to throw in a compliment, but also state that you are not satisfied with your current standing within the company.

Re: When emailing a CEO for CLI...?

Shellie — Tue, 10 Sep 2013 16:11:06 GMT

I am currently carrying a high balance on my card. When I get it paid back down I am going to try this.

Re: When emailing a CEO for CLI...?

myjourney — Tue, 10 Sep 2013 18:26:32 GMT

Include

Name, phone, reason, CLI, waive AF, PC, add rewards etc etc

And of course the loyal customer love me card act

Painless trust me

Re: When emailing a CEO for CLI...?

Shellie — Tue, 10 Sep 2013 18:41:07 GMT

When I get it paid down I'm going to try.

What kind of reason are they looking for? Like "I need a new fridge, please give me a $2000 CLI" or "I have been a loyal customer and I would like a CLI for $2000" reason?

Re: When emailing a CEO for CLI...?

myjourney — Tue, 10 Sep 2013 18:45:52 GMT

I went with loyal customer, love my card but it doesn't fit my spending due to the limit...blah blah blah

And of course I spend responsibly and would never go over a UTL of 30% so in order to use it more I need X amount

X=5K in my case

Re: When emailing a CEO for CLI...?

09Lexie — Tue, 10 Sep 2013 18:45:58 GMT

Don't forget to ask for an APR reduction. It's not necessary to ask for a PC but to say you want a cc with rewards/better features.
As far as telling them why, be honest. If you've been a customer for years and your CL has not grown with your improved cr/other cards - then let them know you want this to be your 'go to card' but the CL is restricting usage.

Re: When emailing a CEO for CLI...?

Shellie — Tue, 10 Sep 2013 19:04:16 GMT

I haven't had the card a full year yet. I am mainly wanting the CLI to have more available credit. Right now between 5 cards I only have $1950 total available credit.

I am creeping up on the 600 mark score wise. My improvement has been very very slow. GW's and DV's and the like just aren't working out for me. My biggest improvement I feel like has been my CC's and a couple things that have fallen off recently.

Re: When emailing a CEO for CLI...?

Eightiron — Tue, 10 Sep 2013 20:03:48 GMT

@Shellie wrote:
When I get it paid down I'm going to try.

What kind of reason are they looking for? Like "I need a new fridge, please give me a $2000 CLI" or "I have been a loyal customer and I would like a CLI for $2000" reason?

I believe something along the lines of. With my planed uses for this card, at my current limit, I would have to make "X" amount of payments per month, and that is a complete hassle. I really want to use this Capitol One card for a majority of my CC purchase, but do to the limit, I am having to spread those purchases across other cards. They arent going to want to miss out on that use. Atleast that is my (limited) experience, But it worked for me.

Re: When emailing a CEO for CLI...?

missjae — Tue, 10 Sep 2013 20:11:24 GMT

@Shellie wrote:
When emailing a CEO to ask for a CLI What all should you put in the email? Any suggestions welcome!

Also, all of you who have done this, were you carrying a balance on your card at the time? What was your score? Were you successful?

Thanks so much, everyone here is so helpful. It really is amazing.

I try to keep it short, but let them know why I am asking for the CLI from them (as opposed to asking for one the regular method) and why I believe my request should be honored. My main focus is not to be short, it is to provide all information I believe is pertinent to the request. I did this with Cap1 and am waiting on Citi to make a decision....I got most of what I asked for from Cap1, but not sure about Citi as there haven't been any acct changes yet.

Re: When emailing a CEO for CLI...?

Shellie — Tue, 10 Sep 2013 20:28:23 GMT

How long had you had your cards and what were you utl % when you tried this?

Also score?

Re: When emailing a CEO for CLI...?

missjae — Tue, 10 Sep 2013 23:47:30 GMT

@Shellie wrote:
How long had you had your cards and what were you utl % when you tried this?

Also score?

I've had my Citi cards for about 1.5 years. My scores are probably high 600's and have always been less than 700 as far as I know. I should have waited because I paid off almost all my debt, but it hasn't reported. I'm way too impatient lol. I just had a 30 day late removed as well, but not sure if it was off when they pulled my report. Citi's problem with me is a collection acct that is reporting. 1 CRA removed it, 1 left it, and the verdict isn't in on the last CRA. Their EO is moving slow for me. I dealt with Chase's EO regarding something else and they were super fast.

I had my oldest cap1 card since 2004, but since the love button worked on it, I didn't ask for more. I'll wait till my reports look better to ask again.

Oh and utilization before paying down was between 10-17% of my total credit limits, depending upon when they pulled the report. One of my cards reported a huge balance a few days before I PIF'd, but was reporting $0 prior to that.. I haven't had a problem being denied for utilization in awhile even though 3 cards were nearly maxed....I have a thick file though, or at least I feel like I do.

Re: When emailing a CEO for CLI...?

09Lexie — Tue, 10 Sep 2013 23:53:18 GMT

Just want to add asking for a CLI through the EO should be done once your cr profile has improved and all other avenues have been exhausted. EO should be reserved for customers with a seasoned pyt history and a vastly improved credit profile.

Re: When emailing a CEO for CLI...?

Shellie — Wed, 11 Sep 2013 12:56:40 GMT

Thanks guys. I just read on here about calling some denials in right away to recon, or calling on the 61st day for a CLI on "this" card. I just wondered if I were missing out on some options.