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Just wondering if folks are seeing links to request a CLI? I've searched for it on my wallet and don't see any visible options. Also, is it a Hard Pull?
Tap the "..." and then send a message saying you'd like to request a credit limit increase. You'll get an auto-reply that will walk you through the process.
Edit: not a hard pull
You have to use the "Message" feature. Just act like you're chatting and ask about an increase. It's a SP.
Good luck!
It's a very simple process as described above. I think the initial responses may be fully automated instead of typed but it does the trick. The whole thing looks like this and takes just about three minutes. They send you a form to update income and then you submit it back to them through the chat window. Let me know if you have questions.
@Aim_High wrote:It's a very simple process as described above. I think the initial responses may be fully automated instead of typed but it does the trick. The whole thing looks like this and takes just about three minutes. They send you a form to update income and then you submit it back to them through the chat window.
Let me know if you have questions.
They are automated 100%. Very rare to get a human on there unless you specifically say so
When I requested the second time, I didn't even notice it was automated. I requested, it responded, I asked if I should include stocks in my income and the system kicked me to a person. That's when I realized it was automated...
It's super easy with the message system in the Apple Wallet app. They just gave me an increase from $4400 to $7400 this month, and I'm pretty much brand spanking new to credit. I only have 9 months of credit history.
How long should I wait before requesting a CLI with them? Only had it since late November but looking ahead.
@Anonymous wrote:How long should I wait before requesting a CLI with them? Only had it since late November but looking ahead.
@Anonymous, it just depends based on overall profile and moreover, your usage and payment history on the Apple card. The minimum for any CLI increment is 90 days, so about March 1 should be 91 days. You can calculate it exactly at this online calculator HERE.
Just remember that they'll want to see significant relative usage of the current CL, and about 25% to 30% spend-and-pay appears to be the minimum. So if you have a $1K SL, you'd want to run up at least about $300 over three months or about $100 a month. More spend may yield higher increases. If your SL is $3K, that would mean you'd need to spend about $300 per month or more over three months ($1K total) if you're working it hard. If it takes you five months in that situation to meet the $1K spend, I'd just wait until I had about that much spend history before expecting an increase. If you're spending 100% or more of the CL every 90 days, it can grow like wildfire. But of course don't spend more than you can safely pay off. It's not necessary to carry a balance.