@masw, welcome to the community! Glad you joined us.
I would suggest that while you wait, consider going over to the Navy thread that Creddit Addict started and read at least the last couple of dozen pages and then subscribe to it. That way you can follow the current trends at Navy. Here's the link.
As @Matt said, you need to make sure you are over 90 days + and that three statements have cut before going for it. What we are starting to see is that a lot of CLI requests are going to 24 hr. review and people are applying for a second card immediately and getting it whether or not they are approved for a CLI. Yes, it will be another HP for the second card, but you'll have to decide if it's worth it for you. You might want to go for GoRewards as it doesn't have to start at $5K as does the Flagship, just in case they want to offer a smaller SL.
From my own experience, I can tell you that with the Navy cards, this is how I got my CLI's. For that first 90 days, I charged everything I normally paid for in cash and then took the cash and made several PIF payments every month. I always made sure that the card balance was at zero several days before the statement cut. Once the statement posted (and I could see it on my dash) I repeated the same thing. I was rebuilding and used the same approach for both of my Navy cards.
Join us over on the thread above and you will get tons of additional insight.
To answer your question, yes you can try and stop the HP on the CLI but you may not be fast enough if it goes to review. The best time to try for a CLI with a SP is right after the AR. If you got your card last week, then the 1st AR that would possibly benefit you with a SP would be January 1st. You'll know when the AR has been done because the chat picks up quickly about it on the thread above. If you do go to review and want to try and stop the HP, you have to call and fast. Some people already have the call in queue when they push the button. A secured message IMHO will not be fast enough.
It's important to make sure the 3rd statement has posted and you can see it on your dash and that it's at least 90 days. I always allow a few more just to be safe. Here is a great day counter link.
Start counting from the day the card was approved.
I look forward to following your journey!!
@Anonymous wrote:Thank You ...some great advice here... Also got to say that yes I am a new member and left another board because of the critics. I was scared to post as I would be flocked for asking a stupid question.. I appreciate all the help from everyone.
I hear you!! I owe my current success in rebuilding from a Chapter 7 BK 22 months ago to the amazing members of this community! There is no such thing as a stupid question...believe me...we are all learnin', everyday!!
Glad you jumped ship and joined us!!
Chapter 7: Discharged November 2015
Total Revolving Credit Lines 1 month post discharge: $2600
Total Revolving Credit Lines 1 Year post discharge (Nov. '16): $86K, Total with installment loans: $174K
Total Revolving Credit Lines 22 months post discharge (Sept '17): $192K, Total with installment loans: $334K
11/15 Fico 8: EQ-585, TU-550, EX- 551
01/17 Fico 8: EQ-695, TU-703, EX-673
09/17 Fico 8: EQ-697, TU-696, EX-684
Inquires: Next subject please