When do you get 25k+ CL Cards?

Anonymous · ‎08-08-2016

How long did it take you to get a 25k CL Card? What score did you have? Any tips for someone?

Anonymous · ‎08-08-2016

Do you mean SL?

Anonymous · ‎08-08-2016

Yes like approved for a 25k limit on a card without previously having that card.

sdchrgrboy · ‎08-08-2016

I was approved for both a BofA Alaska Air and Chase Marriot both had $30SL's. Scores were between 780-806, Util 3%

$325k Total Limits, 4% Util

Anonymous · ‎08-08-2016

Was that the first time you got approved for a card with that limit when you had 780?

Anonymous · ‎08-09-2016

It took me three years from 0 credit history to get my first $25k card. But my income is over $150k/year Scores are around 700-720

Anonymous · ‎08-09-2016

@Anonymous wrote:
Was that the first time you got approved for a card with that limit when you had 780?

Your credit score is just one factor in determining starting limits. Certainly your income is a big factor in getting 25K+ limits. Existing limits play a big role also. It's unlikely, though it dies happen, to get a $25K limit if all your existing limits are <$5K. The age of your credit file is also a big factor. One of your best options for getting larger limits are credit unions. They attend to be more relaxed in giving out large limits.

Anonymous · ‎08-09-2016

@Anonymous wrote:
@Anonymous wrote:
Was that the first time you got approved for a card with that limit when you had 780?
Your credit score is just one factor in determining starting limits. Certainly your income is a big factor in getting 25K+ limits. Existing limits play a big role also. It's unlikely, though it dies happen, to get a $25K limit if all your existing limits are <$5K. The age of your credit file is also a big factor. One of your best options for getting larger limits are credit unions. They attend to be more relaxed in giving out large limits.

+1 Completely agree Irish. Income is a huge factor. You could have a credit score of 800+, but it is highly unlikely that a bank will give you a 25k card if your income doesn't support it.

Anonymous · ‎08-09-2016

@Anonymous wrote:
@Anonymous wrote:
Was that the first time you got approved for a card with that limit when you had 780?
Your credit score is just one factor in determining starting limits. Certainly your income is a big factor in getting 25K+ limits. Existing limits play a big role also. It's unlikely, though it dies happen, to get a $25K limit if all your existing limits are <$5K. The age of your credit file is also a big factor. One of your best options for getting larger limits are credit unions. They attend to be more relaxed in giving out large limits.

I agree. I was fortunate. It took me seven months of rebuilding and I received my first 25k+ CL from a credit union. The score they checked at the time was 748. It was shocking to me at the time.

Gmood1 · ‎08-09-2016

I was also fortunate. My highest limit for 8 years was $1500. I was still rebuilding and hadn't apped for any CC's at all in that time frame. Once I found this site last year at the end of May, I begin to apply. It took 5 months to hit my first $25k limit. I have 17 CCs now soon to be 15, which will bring my avg CC limit to $21,000. That's a long way from an average of $1300 across two cards. EX at the time of the first 25k was between 743/750.