Chase Ink Cash Auto CLI Love! $6,500

ultimaterewardsguy357 · ‎12-27-2021

A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24

UTL: 3%

FICO 8 CS: EX 756, EQ 755, TU 747

AAoA: 5 years, 0 months

AoOA: 14 years, 2 month

Income: $75K - $84K

Current CC:

1. DC, $9,000 CL, opened 3/2017 (AU)

2. Discover It Cash Back, $4,000 CL, opened 12/2019

3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020

4. Chase Freedom, $1,000 CL, opened 10/2020

5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021

6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021

7. Business AAdvantage, $11,000 CL, opened 3/2021

8. Business Gold, No Pre-Set Spending Limit, opened 4/2021

9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021

10. Amazon Business Prime, $1,000 CL, opened 5/2021

11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021

12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021

13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021

14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021

15. Chase Ink Business Cash, $11,500 CL, opened 9/2021

16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021

17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021

18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021

10/23/2023 [FICO Score 8] EX: 768 TU: 761 EQ: 777

Future Cards:

SouthJamaica · ‎12-27-2021

@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021

Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.

Unify FCU Platinum Visa Variable Rate 35k

TD Bank Business Solutions Visa (Bus) 23700

FNBO Evergreen Business Edition Visa (Bus) 20k

Liberty (formerly Evansville Teachers) FCU Platinum Prime Plus MC 15k

US Bank Triple Cash Rewards Visa (Bus) 12k

Geo-fenced credit union Platinum Visa 10500

Members 1st FCU Low Rate Platinum Visa 5k

PLOC: Langley FCU 40k; Penfed CU 15k; NFCU 15k; Teachers FCU 15k; Affinity FCU 10k. BLOC: NFCU 5k

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

ultimaterewardsguy357 · ‎12-27-2021

@SouthJamaica wrote:
@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021
Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.

Thanks! What are you talking about? The limit was automatic and able to be used right away. I have no intention of spending up to the new limit. I won't lose the grace period if I use up to the new CL.

10/23/2023 [FICO Score 8] EX: 768 TU: 761 EQ: 777

Future Cards:

SouthJamaica · ‎12-27-2021

@ultimaterewardsguy357 wrote:
@SouthJamaica wrote:
@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021
Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.
Thanks! What are you talking about? The limit was automatic and able to be used right away. I have no intention of spending up to the new limit. I won't lose the grace period if I use up to the new CL.

OK if you say so.

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

Junejer · ‎12-27-2021

Congrats on the auto CLI. That is a whopper!

Elan Visa Business Cash Preferred | $50K 3/2024

AmEx Business Blue Cash | $38.8K 12/2021

Chase Marriott Bonvoy Boundless | $18.5K 3/2024

Chase Southwest Performance Business | $17K 11/2022

Capital One Venture One Card | $5.1K (SD) 12/2007

Chase Ink Business Unlimited | $5K 12/2021

AmEx Blue Cash Preferred | apping Not sure when

Starting Score: 469
Current Score: 824
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge

ultimaterewardsguy357 · ‎12-27-2021

I don't think you understand how this works. Per my terms and conditions, the consumer keeps the intro APR period by just making the minimum payment on time each month. Otherwise, the default APR will take effect.

The grace period is a minimum of 20 days after the statement end date. Interest is not charged on new purchases if you pay the entire balance by the due date each month. Makes sense? It's not contingent on exceeding the new CLI. I hope this makes sense. It's often misunderstood when folks don't read or even understand their T&C.

10/23/2023 [FICO Score 8] EX: 768 TU: 761 EQ: 777

Future Cards:

Junejer · ‎12-27-2021

@SouthJamaica wrote:
@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021
Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.

@SouthJamaica, I'm curious what this means as well...Are you saying that OP should double check to see what the interest rate would be if balance goes over $5K?

Starting Score: 469
Current Score: 824
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge

SouthJamaica · ‎12-27-2021

@Junejer wrote:
@SouthJamaica wrote:
@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021
Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.
@SouthJamaica, I'm curious what this means as well...Are you saying that OP should double check to see what the interest rate would be if balance goes over $5K?

Sometimes there's fine print that if you make purchases while the promo balance transfer is still out there, the new purchases are not going to have the normal grace period but will start incurring interest immediately. I have no idea whether that's the case here. But if it were me I would be studying the fine print before doing anything with the new limit.

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

Junejer · ‎12-27-2021

@SouthJamaica wrote:
@Junejer wrote:
@SouthJamaica wrote:
@ultimaterewardsguy357 wrote:
A while back I reported being approved for the CIC with a $5,000 CL. I was over 5/24 and applied via BRM. I've been carrying a balance leveraging my 0% Intro APR, about $4,600/$5,000. Today, I was notified by Chase that I was auto increased to $11,500. Not a bad holiday present, although I prefer to keep my limits low with Chase since they tend to cap you at 50% of your CLI, YMMV.

5/24 Status: 7/24
UTL: 3%
FICO 8 CS: EX 756, EQ 755, TU 747
AAoA: 5 years, 0 months
AoOA: 14 years, 2 month
Income: $75K - $84K

Current CC:
1. DC, $9,000 CL, opened 3/2017 (AU)
2. Discover It Cash Back, $4,000 CL, opened 12/2019
3. Chase Sapphire Reserve (CSR), $10,000 CL, opened 9/2020
4. Chase Freedom, $1,000 CL, opened 10/2020
5. Blue Business Plus (BBP), $6,300 CL, opened 1/2021
6. The Platinum Card, No Pre-Set Spending Limit, opened 1/2021
7. Business AAdvantage, $11,000 CL, opened 3/2021
8. Business Gold, No Pre-Set Spending Limit, opened 4/2021
9. Blue Business Cash (BBC), $1,000 CL, opened 5/2021
10. Amazon Business Prime, $1,000 CL, opened 5/2021
11. Business Platinum, No Pre-Set Spending Limit, opened 5/2021
12. Marriott Bonvoy Business, $3,000 CL, opened 8/2021
13. AAdvantage Aviator Business, $2,500 CL, opened 9/2021
14. Delta SkyMiles Reserve Business, $4,000 CL, opened 9/2021
15. Chase Ink Business Cash, $11,500 CL, opened 9/2021
16. Wyndham Rewards Earner Business, $2,500 CL, opened 10/2021
17. US Bank Altitude Reserve, $10,000 CL, opened 10/2021
18. Business Platinum, No Pre-Set Spending Limit, opened 11/2021
Congratulations on the whopping CLI.

But I guess you can't safely use it while the promotional balance is out there. You might lose the grace period for purchases.
@SouthJamaica, I'm curious what this means as well...Are you saying that OP should double check to see what the interest rate would be if balance goes over $5K?
Sometimes there's fine print that if you make purchases while the promo balance transfer is still out there, the new purchases are not going to have the normal grace period but will start incurring interest immediately. I have no idea whether that's the case here. But if it were me I would be studying the fine print before doing anything with the new limit.

I took OP's comment completely differently. I took it as purchases made of $4,600 and carrying those balances.

Starting Score: 469
Current Score: 824
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge

SarahJo · ‎12-27-2021

I took OP's comment completely differently. I took it as purchases made of $4,600 and carrying those balances.

That's what I thought as well.

Present Day...Equifax: ???, TransUnion: 777, Experian: 781
Sept. 2016...Equifax: 652, TransUnion: 608, Experian: 597