topic Re: Barclay CLI denied in Credit Cards

Barclay CLI denied

mrsjr — Tue, 23 Sep 2014 23:59:04 GMT

Just wanted to share.... I asked for a CLI on my Barclay Rewards card and was denied. They said that I was denied because I have never utilized the full amount of my current credit line. Score 739 and under 1% utilization. I asked if I would still be considered for automatic increases, and she said that she's not sure since it's system generated. So don't really know what to expect from them in the future. I will probably never charge the full credit line.....

Re: Barclay CLI denied

Ghoshida — Wed, 24 Sep 2014 00:00:39 GMT

@mrsjr wrote:
Just wanted to share.... I asked for a CLI on my Barclay Rewards card and was denied. They said that I was denied because I have never utilized the full amount of my current credit line. Score 739 and under 1% utilization. I asked if I would still be considered for automatic increases, and she said that she's not sure since it's system generated. So don't really know what to expect from them in the future. I will probably never charge the full credit line.....

Curious to know, how old is your Barclays card?

Maybe, if you got CLIs on other cards, Barclays might follow suit in a while? Also maybe they're keen on usage?

Re: Barclay CLI denied

mrsjr — Wed, 24 Sep 2014 00:03:53 GMT

@Ghoshida wrote:
@mrsjr wrote:
Just wanted to share.... I asked for a CLI on my Barclay Rewards card and was denied. They said that I was denied because I have never utilized the full amount of my current credit line. Score 739 and under 1% utilization. I asked if I would still be considered for automatic increases, and she said that she's not sure since it's system generated. So don't really know what to expect from them in the future. I will probably never charge the full credit line.....
Curious to know, how old is your Barclays card?

Maybe, if you got CLIs on other cards, Barclays might follow suit in a while? Also maybe they're keen on usage?

The card will be two years old in March. I've only had one auto CLI from them since I've had it. I use the card like crazy, but I've never let the balance get over $600. That's mainly because I make 2-3 payments a month. I've recently got CLIs on two of my other cards....

Re: Barclay CLI denied

Shock — Wed, 24 Sep 2014 00:09:18 GMT

you need to let it cut one month at the full amount..1800 it sounds like? then PIF. based on their reasoning they should give you a CLI

Re: Barclay CLI denied

Jlu — Wed, 24 Sep 2014 00:13:52 GMT

Call recon line, tell them one of the following:

You are planning on doing some home improvements.

You are planning on going on a long vacation

You are planning on transferring a large balance

Guaranteed CLI, every time. I usually go with option 1.

Re: Barclay CLI denied

Firehorse — Wed, 24 Sep 2014 00:18:20 GMT

So you show ultimate responsibility with your TL and that's a problem? I swear. Argh.

Edit: Wrong acronym.

Re: Barclay CLI denied

mrsjr — Wed, 24 Sep 2014 00:22:02 GMT

@Firehorse wrote:
So you show ultimate responsibility with your TL and that's a problem? I swear. Argh.

Edit: Wrong acronym.

I know, right? It ticks me off. But if they're using that logic, I'll never get a CLI from them. I don't even spend $2600/mo EVER! I'm just not a big spender! :/

Re: Barclay CLI denied

Anonymous — Wed, 24 Sep 2014 00:25:07 GMT

@mrsjr wrote:
I know, right? It ticks me off. But if they're using that logic, I'll never get a CLI from them. I don't even spend $2600/mo EVER! I'm just not a big spender! :/

it's alllllmost christmas, time for shopping!

pssssst... I all I want for christmas is a red mini stapler

Re: Barclay CLI denied

Jlu — Wed, 24 Sep 2014 00:27:40 GMT

If you ever feel obligated to spend what you normally would not just to satisfy a creditor it's time to drop everything and take a big step back.

Re: Barclay CLI denied

Firehorse — Wed, 24 Sep 2014 00:28:01 GMT

@Anonymous wrote:
@mrsjr wrote:
I know, right? It ticks me off. But if they're using that logic, I'll never get a CLI from them. I don't even spend $2600/mo EVER! I'm just not a big spender! :/
it's alllllmost christmas, time for shopping!

pssssst... I all I want for christmas is a red mini stapler

I dunno. I might just buy a single large item purchase, not open it cuz I'm not sure it was a good idea, and then happen to decide after the balance posts that I want to return it. I would lose points but...

Re: Barclay CLI denied

Ghoshida — Wed, 24 Sep 2014 00:31:47 GMT

@Jlu wrote:
If you ever feel obligated to spend what you normally would not just to satisfy a creditor it's time to drop everything and take a big step back.

Great advice.

OP, try the recon line. There's no need to spend over and above what you generally spend.

Re: Barclay CLI denied

mrsjr — Wed, 24 Sep 2014 00:32:31 GMT

@Jlu wrote:
If you ever feel obligated to spend what you normally would not just to satisfy a creditor it's time to drop everything and take a big step back.

I agree. I guess my credit line will stay where it is because I can't think of any reason for me to spend that much money...

Re: Barclay CLI denied

Firehorse — Wed, 24 Sep 2014 00:34:25 GMT

@mrsjr wrote:
@Jlu wrote:
If you ever feel obligated to spend what you normally would not just to satisfy a creditor it's time to drop everything and take a big step back.
I agree. I guess my credit line will stay where it is because I can't think of any reason for me to spend that much money...

I really wouldn't do it either. Trying to shame you into being irresponsible is quite alarming to me.

Re: Barclay CLI denied

MovinOnUp2014 — Wed, 24 Sep 2014 02:07:13 GMT

Well just to share as well, my 6th statement cut on the 19th of this month and I got zilch....and I've run it up to 80% of my credit line "at least" twice...

Re: Barclay CLI denied

Man-Of-Steel — Wed, 24 Sep 2014 03:13:31 GMT

@Firehorse wrote:
@mrsjr wrote:
@Jlu wrote:
If you ever feel obligated to spend what you normally would not just to satisfy a creditor it's time to drop everything and take a big step back.
I agree. I guess my credit line will stay where it is because I can't think of any reason for me to spend that much money...
I really wouldn't do it either. Trying to shame you into being irresponsible is quite alarming to me.

I agree with this. If they gave me this reason, I wouldn't go through the hassle of making multiple payments per month.....because that obviously isn't enough to qualify for another CLI. Instead, I'd spend approximately 10% of the limit each month and put the additional spend on other cards (unless of course the rewards are out of sight amazing compared to the other cards...but I doubt that's the case here).

Re: Barclay CLI denied

Shock — Thu, 25 Sep 2014 20:03:04 GMT

So....what if you don't do home repairs afterwards?

@Jlu wrote:
Call recon line, tell them one of the following:

You are planning on doing some home improvements.
You are planning on going on a long vacation
You are planning on transferring a large balance

Guaranteed CLI, every time. I usually go with option 1.

Re: Barclay CLI denied

Anonymous — Mon, 27 Oct 2014 16:59:34 GMT

I got an cli from them after i bt and was paying 200 on the monthly paymnt and then next month i paid $300 and that was when they increased my limit 3500. Hope this helps.

Re: Barclay CLI denied

Berk — Mon, 27 Oct 2014 17:12:52 GMT

I use my L.L. Bean Visa once a year at Christmas and had a CL of $4600. I might put $500.00 on it. On a whim I asked for $10K CLI because I knew it was going to be a hard pull (Barclays always is). 5 minutes later I got a phone call from Customer Service saying I was approved for the 10K. Go figure.

Re: Barclay CLI denied

barbaralee — Mon, 27 Oct 2014 17:20:27 GMT

@Shock wrote:
So....what if you don't do home repairs afterwards?

@Jlu wrote:
Call recon line, tell them one of the following:

You are planning on doing some home improvements.
You are planning on going on a long vacation
You are planning on transferring a large balance

Guaranteed CLI, every time. I usually go with option 1.

Nothing happens. I called them twice and said I was going to do something and ended up not doing it. The first time I said I was going to do a BT (a lie) and they increased. The second time I said there was going to be a big expense (truth, but we ended up putting it on another card) and they increased it. In the long run they're not going to monitor your account to make sure you are true to your word on charging home improvements, or whatever else lol

Re: Barclay CLI denied

baller4life — Mon, 27 Oct 2014 17:28:15 GMT

Barclays is SO bipolar. I wasted my first and probably last hp on a cli request on my RMC and they gave me a measley $500. They don't care about your other lines. So you can't really use it as leverage. I was using up to 90% of card then pif every month. Only thing analyst cared about was I had a couple balances on other cards. They do NOT want to see that. I felt like a scolded teenager when I hung up!