I have had my Venture account for 74 days. Out of curiosity I applied for CLI and was offered $2,000 to bring my new CL to $7,000.
I did not accept and will wait until next statement cuts on August 9th in hopes a higher increase would be offred.
I should probably accept the $2K increase and hope for something higher on Christmas day (when my 6 months are up).
By accepting the increase it will bring down utilization by 3%. The other good thing about the venture increase is I would be in a position to close out unused commentiy accounts (avenue, Marisota, SimplyB,) as these are all at $250 CL and I just don't see a need to shop with them. These accounts were obtained by SCT and are around 4 months old.
Probably will never use and they were obtained to help reduce utilization before getting Discover, Key Bank and Venture cards.
Utilization is still too high to get CLI from Walmart, Amazon and AMex.....due to unforseen medical expenses that were not covered by insurance. Financial recovery for E.R. and hospital stays for wife will take a year to pay down.
They *may* up their offer to $3k if you hold off a little longer, but they may not. As previously stated, $2k-$3k seems to be about the average CLI.
You turned down a 40% credit line increase?
Really?
@Anonymous wrote:You turned down a 40% credit line increase?
You app yet 
@CreditCuriousity wrote:
@Anonymous wrote:You turned down a 40% credit line increase?
You app yet
No, but I did check the pre qual again yesterday.
@Anonymous wrote:
@CreditCuriousity wrote:
@Anonymous wrote:You turned down a 40% credit line increase?
You app yet
No, but I did check the pre qual again yesterday.
grab it, heard from a person that heard from another person that heard from his great grandmothers sister they are taking the pre-qual down soon.