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Anyone have insight on when to request CLI on an Elan card?

_bobby_lee
Valued Member

Anyone have insight on when to request CLI on an Elan card?

I got the Elan Max Cash card back in January and am trying to figure out when to request an increase. Does anyone know if there is a certain threshhold when you become elgible for a request? I don't want to jump the gun so I'm considering just waiting til 90 days, which seems to be a safe point at which to request one, but was curious if anyone knew anything about getting CLIs from Elan and if there is a specific strategy.

 

I've been putting around $1500 on the card each month and paying it off before the statement posts, and I have also gotten a slight pay increase since I applied.

Cards are shown in chronological order of opening, 2014 - 2021.


Starting Score: 657
Current Score: 745 TU 730 EQ
Goal Score: 800+


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Message 1 of 6
5 REPLIES 5
Credit-hoarder
Valued Contributor

Re: Anyone have insight on when to request CLI on an Elan card?

My recent experience is that Elan considers CLI requests every 6 months.

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Message 2 of 6
_bobby_lee
Valued Member

Re: Anyone have insight on when to request CLI on an Elan card?

Thanks @Credit-hoarder, I will probably just wait until the 6 month mark then, unless I hear of others having success sooner.

Cards are shown in chronological order of opening, 2014 - 2021.


Starting Score: 657
Current Score: 745 TU 730 EQ
Goal Score: 800+


Take the myFICO Fitness Challenge
Message 3 of 6
Ficoproblems247
Valued Contributor

Re: Anyone have insight on when to request CLI on an Elan card?

Per what people have mentioned in the MCP mega thread, they are almost always a HP. I have no personal experience, that is just what I have read others report about them. 


FICO 8 May '21: EX 751 EQ 746 TU 743
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Message 4 of 6
blindambition
Community Leader
Senior Contributor

Re: Anyone have insight on when to request CLI on an Elan card?

The crystal ball states 6 months, and unlike US Bank, expect an HP.

 

Message 5 of 6
MJ-san
Regular Contributor

Re: Anyone have insight on when to request CLI on an Elan card?

I have an Elan-issued Mini card (bought from BMW bank). It's about 2.5 years old and never increased (auto or requested). I pulled the trigger online for a CLI- instant $5k increase to $20.5k without HP. 

 

I did call 1st and the CS rep said it could be soft or hard pull, and it didn't matter if she tried or if I did it online.

 

EX Fico 8 was 803 at the time.

Message 6 of 6
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