topic Re: How often to ask for CLI with Chase Freedom? in Credit Cards

How often to ask for CLI with Chase Freedom?

audia4 — Fri, 06 Dec 2013 18:40:18 GMT

I ask for a CLI with my Chase Freedom back after having it for the 2 months and was denied.

How often can you ask? Why is there not a love button for them? Does a love button only show up when you are available to get an increase?

Do they ever give instant increases? Or do you always have to ask?

I've had a good history with them so far and ran thousands of $$ using the card and paid it right off. I left a small balance on it once just to see what happens with my credit scores.

I obtained 2 cards in the same night (Chase and Amex) and my 800+ scores took a little bit of a dive and now they have recovered. I've had this card since August. At the same time I ask for an increase with this card, I had also ask for an increase on my Amex, Wally Discover and Cap 1 and was denied for all of them.

2 days ago I ask for an increase on my Cap 1 and my Wally Discover (using the love button) and was instantly approved for a CLI. Is this a good sign that maybe Chase and Amex will give me some more love as well?

Suggestions?

Re: How often to ask for CLI with Chase Freedom?

Kenny — Fri, 06 Dec 2013 18:46:54 GMT

They give auto-increases, but 99.99% of the time each CLI with Chase is a HP. No, I don't think that a CLI on a GE card like Amazon and and Cap 1 will mean it's a good chance you'll be approved for a CLI with Chase only. I only mean it's a number of factors: income, usage, the rest of your credit profile. Your scores are super high, Congrats!

Re: How often to ask for CLI with Chase Freedom?

audia4 — Fri, 06 Dec 2013 18:53:43 GMT

Well darn. I forgot that it's a HP. I might have to wait then since I'm trying to garden at least for the 6 months after receiving the 2 new cards. Gardening in the winter, when it's snowing is HARD stuff.

Re: How often to ask for CLI with Chase Freedom?

Luscher — Fri, 06 Dec 2013 18:59:44 GMT

whats your current limit, and income?

Re: How often to ask for CLI with Chase Freedom?

FinStar — Sat, 07 Dec 2013 04:27:28 GMT

@audia4 wrote:
Well darn. I forgot that it's a HP. I might have to wait then since I'm trying to garden at least for the 6 months after receiving the 2 new cards. Gardening in the winter, when it's snowing is HARD stuff.

@audia4 wrote:
Well darn. I forgot that it's a HP. I might have to wait then since I'm trying to garden at least for the 6 months after receiving the 2 new cards. Gardening in the winter, when it's snowing is HARD stuff.

While this may be a temporary setback, you'll be in better shape come next year after your gardening period is over. Otherwise, why incur all those HPs with no guarantee of a CLI.

Re: How often to ask for CLI with Chase Freedom?

audia4 — Sat, 07 Dec 2013 05:01:20 GMT

@FinStar wrote:
@audia4 wrote:
Well darn. I forgot that it's a HP. I might have to wait then since I'm trying to garden at least for the 6 months after receiving the 2 new cards. Gardening in the winter, when it's snowing is HARD stuff.
+1

@audia4 wrote:
Well darn. I forgot that it's a HP. I might have to wait then since I'm trying to garden at least for the 6 months after receiving the 2 new cards. Gardening in the winter, when it's snowing is HARD stuff.
While this may be a temporary setback, you'll be in better shape come next year after your gardening period is over. Otherwise, why incur all those HPs with no guarantee of a CLI.

Agreed. I don't want to do any HP at this moment. I'll wait until it matures a little and then go on an app spree all at the same time.

Re: How often to ask for CLI with Chase Freedom?

Anonymous — Sat, 07 Dec 2013 10:30:24 GMT

Have been a customer of Chase since 2006 and at no time did they ever offer me a CLI button. In fact they informed me they would only accept HP reviews for CLIs. Yeah ...

Re: How often to ask for CLI with Chase Freedom?

audia4 — Sat, 07 Dec 2013 16:55:55 GMT

@Anonymous wrote:
Have been a customer of Chase since 2006 and at no time did they ever offer me a CLI button. In fact they informed me they would only accept HP reviews for CLIs. Yeah ...

Good to know. Thanks for the info.

Re: How often to ask for CLI with Chase Freedom?

audia4 — Thu, 13 Feb 2014 07:34:30 GMT

Happy to say....I logged into my account yesterday and seen that my CL had doubled now. I did not ask for it, they just gave it. WOO HOO!!!

I went from $4500 to $9000 now.

Loving this.

Re: How often to ask for CLI with Chase Freedom?

Creditaddict — Thu, 13 Feb 2014 07:42:25 GMT

Did you start at $10k with Amex and you have not asked for any increase?

you can request a 3x cli or $30k in your case! They will counter if not full amount and it's not a hp!

Re: How often to ask for CLI with Chase Freedom?

audia4 — Thu, 13 Feb 2014 07:59:35 GMT

Yep, I started with 10k on Amex, did the 61 day CLI and was denied. I just tried again tonight since I have officially had the card for 6 months and got the 7-10 day response again. Sigh

Re: How often to ask for CLI with Chase Freedom?

Gunnar419 — Thu, 13 Feb 2014 13:49:06 GMT

@Anonymous wrote:
Have been a customer of Chase since 2006 and at no time did they ever offer me a CLI button. In fact they informed me they would only accept HP reviews for CLIs. Yeah ...

I've been a Chase cc customer for four years and ONCE -- ONE time -- I saw a luv button. But that was early on, and at the time I had NO idea how stingy Chase normally is with CLIs. So I didn't press it. It went away and I never saw it again. I've never gotten a Chase CLI ever.

Re: How often to ask for CLI with Chase Freedom?

takeshi74 — Thu, 13 Feb 2014 14:22:50 GMT

@audia4 wrote:
Yep, I started with 10k on Amex, did the 61 day CLI and was denied. I just tried again tonight since I have officially had the card for 6 months and got the 7-10 day response again.

Have you done anything to address the reason(s) for denial? Regardless of creditor it's not just a matter of time. It's all about your credit and their critiera. The only thing time does is improve your AAoA & payment history (if no derogs) and let things fall off.

7-10 could lead to a denial or it could lead to an income verification. The latter happened to me with my last CLI request with AmEx.

Re: How often to ask for CLI with Chase Freedom?

audia4 — Thu, 13 Feb 2014 17:14:38 GMT

@takeshi74 wrote:
@audia4 wrote:
Yep, I started with 10k on Amex, did the 61 day CLI and was denied. I just tried again tonight since I have officially had the card for 6 months and got the 7-10 day response again.
Have you done anything to address the reason(s) for denial? Regardless of creditor it's not just a matter of time. It's all about your credit and their critiera. The only thing time does is improve your AAoA & payment history (if no derogs) and let things fall off.

7-10 could lead to a denial or it could lead to an income verification. The latter happened to me with my last CLI request with AmEx.

It lead to a denail. Amex is just not going to show me any love. Time gives them a history of my ability to pay back what I have charged and how my spending is. My credit is perfect. I'm not wanting anything to "fall off" on it. I don't have any derogs on it. So that's not the issue.

I'm going to start a new thread about it so that when others and searching the title, I'll get more response as to where to go from here with them and I can keep it together all in one thread when I need to go back and search for an answer.

Since this thread was started about Chase, I wanted to get back on topic and ask another question.

Since everyone stated that Chase is a HP, and I didn't ask for an increase, and they gave it to me themselves, does this mean they did a HP on me without asking? I hope not.

Re: How often to ask for CLI with Chase Freedom?

Creditaddict — Thu, 13 Feb 2014 17:16:22 GMT

No HP if they did it

Re: How often to ask for CLI with Chase Freedom?

audia4 — Thu, 13 Feb 2014 17:18:08 GMT

@Creditaddict wrote:
No HP if they did it

Awesome. Thank you.