topic Re: How often do you hit the CLI button? in Credit Cards

How often do you hit the CLI button?

skigirl916 — Mon, 15 Sep 2014 21:56:25 GMT

How often do you seek CLIs via the CLI button (SPs)? Have you noticed any trends in granting/denying them with particular lenders? I have only sought them once in all my years, just wondering when I can/should do it again. 3 months? 6 months?

Re: How often do you hit the CLI button?

chalupaman — Mon, 15 Sep 2014 21:59:10 GMT

I've tried it several times with Citi and I've always been denied so I'm just gonna give them six months and try again.

Synchrony always denies me when I press the luv button but gives me good auto CLIs instead.

Amex has been my most successful CLI via luv button.

Re: How often do you hit the CLI button?

red259 — Mon, 15 Sep 2014 23:36:05 GMT

@skigirl916 wrote:
How often do you seek CLIs via the CLI button (SPs)? Have you noticed any trends in granting/denying them with particular lenders? I have only sought them once in all my years, just wondering when I can/should do it again. 3 months? 6 months?

In terms of how often you are elgible for a CLI the rules for each lender are different, so you will have to research your particular lender's policies.

Re: How often do you hit the CLI button?

skigirl916 — Tue, 16 Sep 2014 00:31:34 GMT

@red259 wrote:
@skigirl916 wrote:
How often do you seek CLIs via the CLI button (SPs)? Have you noticed any trends in granting/denying them with particular lenders? I have only sought them once in all my years, just wondering when I can/should do it again. 3 months? 6 months?
In terms of how often you are elgible for a CLI the rules for each lender are different, so you will have to research your particular lender's policies.

I understand that; I am interested in people's experiences with CLIs and noticing trends with particular lenders all the same.

Re: How often do you hit the CLI button?

Anonymous — Tue, 16 Sep 2014 01:50:43 GMT

From my experience I have found:

1. All my lender (see sig.) except for Discover have a firm 6 month wait between CLI. Once I got 15K on Citi, I called Discover and asked for the same limit. I got a counter offer of 14.5K. I also gave the reason my wife is an AU on my Discover and would be nice to have a buffer when was asked why.

2. All my pulls I have ensured were SP. Chase CSR said they can only give a max limit of 6K with a SP. Previous to that my Chase Freedom was at 3K.

3. I had Cap1 Venture with a starting limit of 7.5K. I did not use it much and requested a CLI and was denied due to low usage but the denial letter includes your Fico score. Since its a SP its rather worth something

I only recently started requesting CLI after reading how it impacts the score and would suggest doing so whenever you are eligible. I would also ensure they are SP.