topic Re: Barclay 6-Month Auto CLI Strategy in Credit Cards

Barclay 6-Month Auto CLI Strategy

EW800 — Sat, 05 Jul 2014 14:53:27 GMT

Hi All,

I know there are a lot of threads in regard to the auto CLI's that Barclay typically does after the sixth statement cut, however I was just wondering if anyone has had experience with getting the auto CLI when usage is only about 10% of the CL? Barclay started me out with a CL of $7K, however through the first month I only charged about $600 or so and paid it off, and I suspect that this will be about my normal trend the next few months. I am just wondering if they typically only increase higher usage accounts or if those that use say less than 10% of the CL get love as well?

Thanks!

Re: Barclay 6-Month Auto CLI Strategy

rbon — Sat, 05 Jul 2014 16:02:43 GMT

I use mine frequently and last month (coincidentally the 6th month) was the first time it posted with a balance. My CL is only $500, I usually charge about $1000 per month on it and pay it off every few days! (ie charge $250, pay off, charge $300, pay off, etc.). I did not receive an auto CLI on my 6th statement. My 7th just cut 2 days ago and I'm hoping to see an increase soon. Not sure of they show up the day of the statement, a few days later, mid-cycle, etc.

Re: Barclay 6-Month Auto CLI Strategy

Anonymous — Sat, 05 Jul 2014 16:13:47 GMT

No knowledge of how utilization affects Barclay credit line increases. Wonder if you have a BT offer that might help you boost utilization in the early months? Food for thought. Bump for other posters with insight on Barclay CLIs. New Barclay customer (one month so I am interested too).

Re: Barclay 6-Month Auto CLI Strategy

fot1 — Sat, 05 Jul 2014 17:18:40 GMT

If you read the big Braclays thread it sounds like they want heavy usage and carrying balances.... They also tend to favor those who use BT's

Re: Barclay 6-Month Auto CLI Strategy

SnackTrader — Sat, 05 Jul 2014 18:26:30 GMT

@fot1 wrote:
If you read the big Braclays thread it sounds like they want heavy usage and carrying balances.... They also tend to favor those who use BT's

While that may be the case for many, my experience proved that auto-CLI is perfectly possible without carrying balance or using the card heavily. I received my Arrival in May of 2013 and ran a few thousand through it during the year. I wouldn't say it was heavy usage, but it wasn't necessarily light either. It was used every month. I didn't receive an auto-CLI until I went to PC just this past April. The CSR told me that if I agreed, they would up my limit (I think it was a $3k CLI). I didn't even ask, their system just told the CSR it was possible.

My suggestion is to use the card the way YOU want to, and don't worry about pleasing the company. If you use your credit responsibly, one of your lenders will reward you. I have never paid a cent in interest, and I've received CLIs from all of my lenders, except Chase - but they rewarded me with a $12k CSP instant approval.

Re: Barclay 6-Month Auto CLI Strategy

lg8302ch — Sat, 05 Jul 2014 18:33:11 GMT

Barclays started me with 10K and my usage was 10-15% with PIF strategy and no I did not get any CLI at 6mo or 1yr mark. But that is just perfect as I am happy and have no need for more

Re: Barclay 6-Month Auto CLI Strategy

fot1 — Sat, 05 Jul 2014 20:58:58 GMT

@SnackTrader wrote:
@fot1 wrote:
If you read the big Braclays thread it sounds like they want heavy usage and carrying balances.... They also tend to favor those who use BT's
While that may be the case for many, my experience proved that auto-CLI is perfectly possible without carrying balance or using the card heavily. I received my Arrival in May of 2013 and ran a few thousand through it during the year. I wouldn't say it was heavy usage, but it wasn't necessarily light either. It was used every month. I didn't receive an auto-CLI until I went to PC just this past April. The CSR told me that if I agreed, they would up my limit (I think it was a $3k CLI). I didn't even ask, their system just told the CSR it was possible.

My suggestion is to use the card the way YOU want to, and don't worry about pleasing the company. If you use your credit responsibly, one of your lenders will reward you. I have never paid a cent in interest, and I've received CLIs from all of my lenders, except Chase - but they rewarded me with a $12k CSP instant approval.

Correct me if I am wrong but that doesn't sounds like you recieved an auto CLI at six months then? I personally agree with what you said about using the card the way you want and letting the companies fall in line, but credit isn't a one size fits all. There can be many reasons why someone would want a CLI on a certain card and that is where the tipsi, tricks and what have you can help.

Re: Barclay 6-Month Auto CLI Strategy

SnackTrader — Sat, 05 Jul 2014 21:19:12 GMT

@fot1 wrote:
@SnackTrader wrote:
@fot1 wrote:
If you read the big Braclays thread it sounds like they want heavy usage and carrying balances.... They also tend to favor those who use BT's
While that may be the case for many, my experience proved that auto-CLI is perfectly possible without carrying balance or using the card heavily. I received my Arrival in May of 2013 and ran a few thousand through it during the year. I wouldn't say it was heavy usage, but it wasn't necessarily light either. It was used every month. I didn't receive an auto-CLI until I went to PC just this past April. The CSR told me that if I agreed, they would up my limit (I think it was a $3k CLI). I didn't even ask, their system just told the CSR it was possible.

My suggestion is to use the card the way YOU want to, and don't worry about pleasing the company. If you use your credit responsibly, one of your lenders will reward you. I have never paid a cent in interest, and I've received CLIs from all of my lenders, except Chase - but they rewarded me with a $12k CSP instant approval.
Correct me if I am wrong but that doesn't sounds like you recieved an auto CLI at six months then? I personally agree with what you said about using the card the way you want and letting the companies fall in line, but credit isn't a one size fits all. There can be many reasons why someone would want a CLI on a certain card and that is where the tipsi, tricks and what have you can help.

You're right - it didn't happen at 6 months. My point is that it can happen without giving away your money. If someone is desperate for more credit every six months, hoping for an auto-CLI probably isn't the right approach anyway...

Re: Barclay 6-Month Auto CLI Strategy

fot1 — Sat, 05 Jul 2014 21:35:16 GMT

@SnackTrader wrote:
@fot1 wrote:
@SnackTrader wrote:
@fot1 wrote:
If you read the big Braclays thread it sounds like they want heavy usage and carrying balances.... They also tend to favor those who use BT's
While that may be the case for many, my experience proved that auto-CLI is perfectly possible without carrying balance or using the card heavily. I received my Arrival in May of 2013 and ran a few thousand through it during the year. I wouldn't say it was heavy usage, but it wasn't necessarily light either. It was used every month. I didn't receive an auto-CLI until I went to PC just this past April. The CSR told me that if I agreed, they would up my limit (I think it was a $3k CLI). I didn't even ask, their system just told the CSR it was possible.

My suggestion is to use the card the way YOU want to, and don't worry about pleasing the company. If you use your credit responsibly, one of your lenders will reward you. I have never paid a cent in interest, and I've received CLIs from all of my lenders, except Chase - but they rewarded me with a $12k CSP instant approval.
Correct me if I am wrong but that doesn't sounds like you recieved an auto CLI at six months then? I personally agree with what you said about using the card the way you want and letting the companies fall in line, but credit isn't a one size fits all. There can be many reasons why someone would want a CLI on a certain card and that is where the tipsi, tricks and what have you can help.
You're right - it didn't happen at 6 months. My point is that it can happen without giving away your money. If someone is desperate for more credit every six months, hoping for an auto-CLI probably isn't the right approach anyway...

Not one size fits all though.. While that approach doen't make sense to you, doesn't mean it won't for the next person..Right?

Re: Barclay 6-Month Auto CLI Strategy

heyarrnold — Sun, 06 Jul 2014 00:04:54 GMT

It's quite hard to tell.

I had the old Arrival last year, now closed, and heavily used it. Probably put through 28k in 6 months. I paid in full, and never carried a balance or did a BT. And they doubled my limit at the 6 month mark.

Re: Barclay 6-Month Auto CLI Strategy

bigblue7722 — Sun, 06 Jul 2014 00:27:27 GMT

my barclaycard rewards was 500. I did light to moderate usage on the card. I always paid in full never carried a balance and never did a BT and received a 1k CLI.

Re: Barclay 6-Month Auto CLI Strategy

rbon — Sun, 06 Jul 2014 15:17:33 GMT

Since it seems like people auto CLI showed on their statement and my 7th statement just posted (with no auto-CLI), I requested a CLI on website and a BT (want to get rid of Merrick - it's secured, I hardly use and would like my deposit back! Would rather have Freedom & BC only). The website stated I would be notified in 10 days, so I assume that's a no.

Re: Barclay 6-Month Auto CLI Strategy

TRC_WA — Sun, 06 Jul 2014 16:49:20 GMT

@SnackTrader wrote:

My suggestion is to use the card the way YOU want to, and don't worry about pleasing the company. If you use your credit responsibly, one of your lenders will reward you.

Yep...

I got a 6 month auto CLI from $1200 to $2200 on my Barclay card... I did carry a balance for the first 4 months because I was paying off my balance on my iPhone. I got a letter with the CLI thanking me for my responsible card usage.

For the last 5 months I've PIF before the statement cuts after charging $100-$200 a month on the card. I'm not worried about impressing them... I think I already have.