topic Re: Ask for CLI's? in Credit Cards

Ask for CLI's?

Dess — Thu, 27 Mar 2014 16:19:47 GMT

Ok so her goes!

I have 3 Credit cards i've gotten since the purge (lol) -- I paid everything off and 6 months later decided to apply for credit. My first 2 cards were First Premier and Matrix Discover. Both of these were opened in April 2013 with a limit of 300.

In November of 2013 I opened a Credit One card and they gave me 400, in December I got an auto CLI of 150 and my limit is now 550.

I've never gotten an increase on First Premier - I requested one a couple of months back, and they said I didn't meet the criteria (being a member for a year) So I guess I'll try again in may.

As for Matrix, they changed from Discover to MasterCard. Still no Auto CLI, and I've never requested one. Should I ask?

CreditOne, hasn't given anything since that first one in December, definitely nothing in the "offers" section. Should I ask or Wait on that one too?

I just feel like having such low limits on them are hurting me, although the payment history is awesome because it definitely helps.

Re: Ask for CLI's?

babyeyes00 — Thu, 27 Mar 2014 16:32:31 GMT

I would take a chance and ask. But I would also ask if it will be a SP or a HP.

Re: Ask for CLI's?

Dess — Thu, 27 Mar 2014 16:35:06 GMT

Sorry, Definitely new here.... SP? or HP?

Re: Ask for CLI's?

BigBS — Thu, 27 Mar 2014 17:08:23 GMT

@Dess wrote:
Sorry, Definitely new here.... SP? or HP?

Soft pull (SP) or Hard pull (HP) on your credit. HPs can ding your credit score while SPs don't.

Re: Ask for CLI's?

Dess — Thu, 27 Mar 2014 17:19:49 GMT

Thank you!!

Re: Ask for CLI's?

DVH1980 — Thu, 27 Mar 2014 17:26:03 GMT

As a general rule I ask every 6 months for an increase on all my cards, but only if its a soft pull. If they will only do it with a hard pull I wait a year in between or until my score has increased by at least 25 points