Chase CLI's

[Anonymous]

Yikes, 

Sounds like creditors are tightning their belts.

Chase always seems to be looking to loose customers. I don't get it. 

Sorry about that.

[Credit-hoarder]

Not getting this...They approve you for 2 substancial CLIs and then close your accounts a few days later? After reading your original success story I was ready to follow your lead later and ask for a bump on my Hyatt and CSP--but until I know more about your situation I'm rethinking that idea!

[FinStar]

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@Anonymous wrote:

Yikes, 

Sounds like creditors are tightning their belts.

Chase always seems to be looking to loose customers. I don't get it. 

Sorry about that.

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Most lenders tend to adjust their lending criteria and review standards with some frequency, citing a variety economic conditions for such changes - pretty normal.  Chase, like any other lender (e.g. Bank Of America, Barclays, Citi, etc.) may decide to cut ties with a variety of customers at any given time for any reason.  They're simply adhering to their internal profitability and risk models which adjust with great frequency.  Unfortunately, we don't know what the OP may have done (nor would need to divulge) to have triggered such adverse action.  But, by the same token, Chase isn't going to disclose the specific, inherent reasons other than cite "performance" or "termination of/unsatisfactory relationship" as their exit strategy.  The OP can appeal the decision to determine whether there's any slight possibility they may reconsider reopening the cards.

[junior88]

I wouldn't attempt a CLI with them.  Nothing good came out of it for me.  4 days later everything was shut down.   Good luck if you do attempt it.

[kshurika]

I've already posted here that I applied for a CFU and two days later was told by the Recon line that I had been denied. I reminded the person that my numbers were constantly going up, that I had never missed a payment on anything including a car loan, my income had been steadily rising at an employer I've been with for almost 19 years. What closed it for me was I said that I didn't need a high CL; I would take an entry-level one. That got me the CFU with a 1K CL. The next day, I checked myFICO and saw that my Experian score had rocketed up by 74. I called Chase Card Services that day and asked for a small CLI. They did the app over the phone and told me it would be another HP. In a few seconds I learned that my CL had gone from 1K to 6K. It seems that luck and timing are everything.

[Anonymous]

I was going to go for a CLI on my CFU, but after reading this and other posts, I think its wise not to poke the bear right now. Chase has approved me for the Trifecta in the last 7 months I really want to keep it that way. 

However I am starting to get the impression that Chase has turned into this high maintenance girlfriend that I have to walk on egg shells to avoid upsetting her. They do have the best reward cards, but I should'nt have to look in a huge 20 volume rule book to see if its ok to buy something using my Chase card. 

[SouthJamaica]

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@Anonymous wrote:

I was going to go for a CLI on my CFU, but after reading this and other posts, I think its wise not to poke the bear right now. Chase has approved me for the Trifecta in the last 7 months I really want to keep it that way. 

However I am starting to get the impression that Chase has turned into this high maintenance girlfriend that I have to walk on egg shells to avoid upsetting her. They do have the best reward cards, but I should'nt have to look in a huge 20 volume rule book to see if its ok to buy something using my Chase card. 

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[junior88]

I do think mine were closed due to me using them on Coinbase to get CryptoCurrentcy and points.   Just my thoughts.  Others seem to agree.

[BungalowMo]

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@junior88 wrote:

I do think mine were closed due to me using them on Coinbase to get CryptoCurrentcy and points.   Just my thoughts.  Others seem to agree.

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Sounds like it.  Not exactly shopping on Amazon.  Bitcoin is getting a little more credibility these days, but from what I recall hearing some time ago, they started out as the basic "dark web currency".  Little shaky ground there...