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So I will start by saying this is my wife's accounts not mine, just felt the need to share as I've seen several other people receive not so common autocli's from chase, here's a break down of her accounts, opening dates and starting cli's:
Credit Union Card - $500 11/2017
Chase FU - $3100 10/2020
Chase Auto Loan -$13k 10/2020
Chase Sapphire - $10,100 12/21
That's her whole credit profile, and she keeps them all mostly paid down every month. Today we receive a letter in the mail from chase that reads as follows:
"Dear xxxxxx,
When we approved you for a new account in October 2020 we assigned you a credit line lower than intended. Therefore we hve increased your credit line to $50,000, effective immediately. We apologize for any inconvenience.
This action does not prevent your account from any future credit line reviews or decreases.
If you have questions, please write to us at the return address above.
Sincerely,
Customer Service"
Has anyone received a similar letter? We got a good laugh at the apology, but the random backdated auto-cli from $3100 to 50k seems insane! Just wanted to share because this just seems insane
Chase sure is dishing out the candy cream lately. Congratulations on the whopping auto lift!!
Woohoo . . . Congrats to your wife on the super-duper CLI . . . I'm still looking for mine . . . Perhaps it's a programming error? Regardless, I'll certainly take it!!! My CSP is currently at $22k, so come on Chase!!!
what is going on with chase?! how strange but congrats on the increase!!
Congratulations on DW's MASSIVE Chase auto-CLI! I will not lie, when I saw reports of Chase dishing out massive auto-CLIs, I logged into my Chase account to check my credit limits only to be disappointed.
Congrats on CLI!
Interesting they would even send such a letter, opens them up to possible litigation. Grats on the big move up!!
I wonder if this has anything to do with the release of FICO 10?
Congratulations on the massive auto CLI!!