topic Re: Denied Cap 1 CLI in Credit Cards

Denied Cap 1 CLI

red259 — Fri, 06 Dec 2013 01:33:06 GMT

My use of the auto luv button failed. I waited the six months and then got told I am not using my existing credit line enough to warrant a CLI. With a 5k credit line I use the card every month for at least $450. Some months maybe two grand. Unfortunatly, its not the card I want to put the majority of my spend on, so it looks like I will be stuck at 5k.

Re: Denied Cap 1 CLI

Creditaddict — Fri, 06 Dec 2013 04:27:48 GMT

@red259 wrote:
My use of the auto luv button failed. I waited the six months and then got told I am not using my existing credit line enough to warrant a CLI. With a 5k credit line I use the card every month for at least $450. Some months maybe two grand. Unfortunatly, its not the card I want to put the majority of my spend on, so it looks like I will be stuck at 5k.

My partner got the same denial for his reqest from $15k up to $25k

Re: Denied Cap 1 CLI

red259 — Fri, 06 Dec 2013 04:39:10 GMT

I wonder if its worth contacting the EO and making the argument that I need a higher balance for future travel. Sometimes when I travel the hotel rooms and rental cards have a lot of holds on my card that can reduce the amount of available credit and it can take a few days for those holds to drop off. Howevr, I'm not going to max out the card in the hope that I can get a CLI. I would not want to miss out on that many UR points.

Re: Denied Cap 1 CLI

myjourney — Fri, 06 Dec 2013 04:40:42 GMT

@red259 wrote:
I wonder if its worth contacting the EO and making the argument that I need a higher balance for future travel. Sometimes when I travel the hotel rooms and rental cards have a lot of holds on my card that can reduce the amount of available credit and it can take a few days for those holds to drop off. Howevr, I'm not going to max out the card in the hope that I can get a CLI. I would not want to miss out on that many UR points.

Hi ya Red

Sorry to hear this Yes yes yes EO route is the way to go

Need help PM me

Re: Denied Cap 1 CLI

Creditaddict — Fri, 06 Dec 2013 04:42:22 GMT

@red259 wrote:
I wonder if its worth contacting the EO and making the argument that I need a higher balance for future travel. Sometimes when I travel the hotel rooms and rental cards have a lot of holds on my card that can reduce the amount of available credit and it can take a few days for those holds to drop off. Howevr, I'm not going to max out the card in the hope that I can get a CLI. I would not want to miss out on that many UR points.

oh I thought you went through EO and got that answer... I would for sure call them if that was the online results!

Re: Denied Cap 1 CLI

red259 — Fri, 06 Dec 2013 05:25:52 GMT

When I contact the EO how much of an increase should I ask for?

Re: Denied Cap 1 CLI

Creditaddict — Fri, 06 Dec 2013 05:28:22 GMT

@red259 wrote:
When I contact the EO how much of an increase should I ask for?

$20k it doesn't matter... they will ask if you will take less and you can say yes!

Re: Denied Cap 1 CLI

myjourney — Fri, 06 Dec 2013 05:30:24 GMT

@red259 wrote:
When I contact the EO how much of an increase should I ask for?

Request 10k you can always go back in 6 months

Re: Denied Cap 1 CLI

djc1puno — Fri, 06 Dec 2013 05:47:10 GMT

@myjourney wrote:
@red259 wrote:
When I contact the EO how much of an increase should I ask for?
Request 10k you can always go back in 6 months

tell them i'll take 10K now...and i'll be back in 6 months lmao...kidding aside, gl op!