Best Buy Visa auto CLI

SaintMortichai · ‎11-13-2022

So I log into my Best Buy credit card account to see how much I will owe for spending solely in Best Buy, since I currently have a 5.99% APR until April for outside of Best Buy purchases. I have recently put a lot of outside spend on the card last month, due to emergency vehicle repair. I was expected my card to be near maxed at $1,921 and change out of $2,000.

But lo and behold, to my surprise when I saw that I still had $878 in available credit versus the expected $78. Citi gave me an $800 CLI! I guess they saw how much spending I did last month and said, here you go, the holidays are coming up, spend some more!

I was thinking of requesting a CLI in March. I last requested a CLI in October 2021 (unfortunately before I became an avid MF user), so I asked for pennies compared to what I should have asked for. The SL was $1,500 and I asked for $500 (which I received). I should have asked for $5,000, but I was completely new to asking for CLIs. Happy to now have a credit limit of $2,800 with Best Buy! Slow and steady growth for the win!

Bank of America Customized Cash Rewards: $6,000 | Capital One Quicksilver WEMC: $6,500 | Comenity GameStop PowerUp Rewards: $2,800 | Rooms to Go: $250 | Best Buy Citi Visa: $2,800 | Chase Amazon Prime Visa: $3,400 | Target RedCard: $2,500 | Chase Freedom Flex: $3,000 | Chase Freedom Unlimited: $25,000 | Chase Sapphire Preferred: $7,500 | Elan Max Cash Preferred: $2,000 | PayPal Cashback MasterCard: $9,000 | Venmo Visa: $700 | SoFi: $3,500 | American Express Blue Cash Everyday: $1,000 | X1 Visa Signature: $5,000

AU cards - Discover IT: $14,000 | Southwest Rapid Rewards: $8,500 | BoA Customized Cash Rewards WEMC: $16,000 | BoA Customized Cash Rewards Visa: $10,000 | Home Depot: $14,500 | Citi Custom Cash: $5,300 | Discover It: $2,500 | Capital One Savor One: $500

Cards I Want: American Express Blue Business Cash, American Express Blue Cash Preferred, Capital One Savor One, Capital One Venture X, Capital One Walmart Rewards, Citi Custom Cash, Synovus Cash Rewards

OFFICIALLY GARDENING UNTIL SUMMER 2024! Start date: 9.17.22

SUPERSQUID · ‎11-13-2022

CONGRATS ON THE CLI!!!!!

That sort of utilization would scare the bejesus out of me.

{ BK7 DC 12/2019 } target 1600/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017

user979797 · ‎11-13-2022

Congrats on the surprise CLI

>

gdale6 · ‎11-13-2022

Grats on the move up with Best Buy!

Ontherise2020 · ‎11-13-2022

Congrats on your Best Buy CLI! Also, be careful about the amount of credit you put on a single credit card. You were at almost 100% utilization and that can potentially affect your credit score in a negative manner. I know it may help your credit limit increase with that card but you do not want to pose a risk to creditors. If this card gives soft pull credit limit increases I would definitely do that.

FICO Scores:
EX 715
TU 750
EQ 739
FICO 9 773

cashorcharge · ‎11-13-2022

A few of this auto-Cli's this week with BB. Perhaps their warming you up for Black Friday!

WooHoo!! Congratulations on your Best Buy Approval!!👏🏼🍾🥂

CreditAggie · ‎11-13-2022

Congratulations on your Best Buy auto-CLI!

Current Cards (in order of approval):

Current FICO 8 | 9 (February 2024):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

OmarGB9 · ‎11-14-2022

@Ontherise2020 wrote:
Congrats on your Best Buy CLI! Also, be careful about the amount of credit you put on a single credit card. You were at almost 100% utilization and that can potentially affect your credit score in a negative manner. I know it may help your credit limit increase with that card but you do not want to pose a risk to creditors. If this card gives soft pull credit limit increases I would definitely do that.

I'm sure OP is aware now after spending some time on here about utilization.

Also Citi doesn't do SP CLIs on user requested CLI. Though as evidenced in this thread, they may do auto-CLI which is a SP.

Anyway, @SaintMortichai congrats!

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

M_Smart007 · ‎11-14-2022

Congrats on your BB Auto-CLI 🎉

SaintMortichai · ‎11-14-2022

Indeed, I will be paying the card down for all the spend I did at Best Buy before the next statement posts. Thank you for looking out for me, @Ontherise2020

And yes, @OmarGB9, you are correct, I am totally aware of utilization and its effects on my score. Thank you both for the congrats!

Bank of America Customized Cash Rewards: $6,000 | Capital One Quicksilver WEMC: $6,500 | Comenity GameStop PowerUp Rewards: $2,800 | Rooms to Go: $250 | Best Buy Citi Visa: $2,800 | Chase Amazon Prime Visa: $3,400 | Target RedCard: $2,500 | Chase Freedom Flex: $3,000 | Chase Freedom Unlimited: $25,000 | Chase Sapphire Preferred: $7,500 | Elan Max Cash Preferred: $2,000 | PayPal Cashback MasterCard: $9,000 | Venmo Visa: $700 | SoFi: $3,500 | American Express Blue Cash Everyday: $1,000 | X1 Visa Signature: $5,000

AU cards - Discover IT: $14,000 | Southwest Rapid Rewards: $8,500 | BoA Customized Cash Rewards WEMC: $16,000 | BoA Customized Cash Rewards Visa: $10,000 | Home Depot: $14,500 | Citi Custom Cash: $5,300 | Discover It: $2,500 | Capital One Savor One: $500

Cards I Want: American Express Blue Business Cash, American Express Blue Cash Preferred, Capital One Savor One, Capital One Venture X, Capital One Walmart Rewards, Citi Custom Cash, Synovus Cash Rewards

OFFICIALLY GARDENING UNTIL SUMMER 2024! Start date: 9.17.22