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Chase Credit Line Increase PENDING?

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JSS3
Valued Contributor

Chase Credit Line Increase PENDING?

My rep told me that my credit line increase request is pending. I should receive a letter after someone reviews it. Is this typically a denial?

Message 1 of 14
13 REPLIES 13
Anonymous
Not applicable

Re: Chase Credit Line Increase PENDING?

Could go either. Call lending. I did what I just suggested you to do.

I called and asked for a CLI, the rep said I would be notified by mail within 10 days. I asked to put me through to lending and after 20 minutes I was approved from 4k to 6K.

Message 2 of 14
Anonymous
Not applicable

Re: Chase Credit Line Increase PENDING?

As stated above, call the lending department. They will be able to help you. I was able to get my limit increased from $1,500, which it was at for about 5 years to $6k.

Message 3 of 14
thummel
Established Contributor

Re: Chase Credit Line Increase PENDING?

Could go either way at that point. If I was in your shoes and had a HP I would just apply for another chase card and move the limit. I get not everyone wants the new account ding though. Best of luck.
Message 4 of 14
Anonymous
Not applicable

Re: Chase Credit Line Increase PENDING?


@JSS3 wrote:

My rep told me that my credit line increase request is pending. I should receive a letter after someone reviews it. Is this typically a denial?


It is not a denial and can go either way.  If you are close to a Chase branch, I suggest you go in and have a banker call on your behalf.

Message 5 of 14
JSS3
Valued Contributor

Re: Chase Credit Line Increase PENDING?

I've opened around 30 accounts in 2 years.
Message 6 of 14
Vegas4Play
Valued Contributor

Re: Chase Credit Line Increase PENDING?

Good luck on your request.

Fico 8's TU 756/ EQ 754/ EX 743- 8/2020// AAoA 5.7 years // Lines August 2020 = 619k Personal - Business 61k // Inquiries 6 TU - 0 Exp - 0 Eq.
Message 7 of 14
Anonymous
Not applicable

Re: Chase Credit Line Increase PENDING?

Good luck!

Message 8 of 14
JSS3
Valued Contributor

Re: Chase Credit Line Increase PENDING?

I am expecting a denial because of all the new accounts within 2 yrs. 1 new one in the last 6 months. Totally forgot the 5/24 rule as it pertains to a requested increase.

When I get the letter, I'll update thread confirming this.
Message 9 of 14
JSS3
Valued Contributor

Re: Chase Credit Line Increase PENDING?

DENIED:

 

Exact wording:

"Too many recent accounts or too much available credit"

 

(Somewhere around 240,000 in limits)

 

 

Score with them was 752

 

 

Message 10 of 14
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