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CareCredit CLI story

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Valued Member

CareCredit CLI story

I opened my care credit account on 6/27/17 with a $1000 SL.
Three months in, requested a CLI online, asked for $2000 and approved for $2000
Two months later requested another CLI, asked and approved for $3000. A friend mentioned that they got multiple CLIs in a day on theirs, you can keep requesting until they counter online. So I turned around and asked for $5000, countered at $3500.
Today, same story. Asked for $5000, approved for $6000. Turned around and asked for $10000, countered at $7000.

I’ve only used a few hundred dollars here and there on Botox since opening. When I have a balance I let it report and usually take 2-3 months to pay it off.

It seems like CareCredit has some sort of rounded limit they’ll approve depending on your score, because I have multiple friends that got $3500 counters just like I did. One had a $3400 limit and they only gave them a $100 increase to $3500.

Scores float somewhere in the 640-650 region. 30ish % utilization.

All SP increases. It seems like CareCredit has done a complete 180 compared to how they used to handle things. Thought it was worth sharing!
6 REPLIES 6
Frequent Contributor

Re: CareCredit CLI story

Congrats. I just told someone earlier that synchrony, in my opinion, gives credit limits in brackets based on scores. For example no more than $5k on a walmart card with scores 680 or below. Reason I say this is because I've read hundreds of data points to support this theory. When I told someone earlier on here they had already requested an increase to 3k and got it (Wal-Mart card). I told him to go ask for 5k and that he'd be approved. Sure enough he came back with an approval. (Btw care credit is backed by synchrony bank.) So yes I do agree that scores (TU in particular) determine CL with synchrony. 

Fico 08 TU 680 EQ 682 EX 680 (4/05/18)
Fico 08 TU 668 EQ 656 EX 671 (1/13/18)
FICO 08 TU 533 EQ 512 EX 522 (2/6/17)
1 collection charge off paid April '17 ($500 GTE FCU) went over 120+ days late on it account closed. PIF to CA

NFCU Cash Rewards-$2800 (1/13/18), USAA Classic Platinum Visa-$1000 (1/13/18), Discover IT-$10,000! (1/13/18), AMEX BCE-$1000 (1/13/18), AMEX Blue Delta SkyMiles-$1000 (1/13/18), Care Credit-$7500(1/13/18), Cap1 Platinum Preferred-$1500 (1/15/18), Wal-Mart $5000 as of Nov '17 (SL $200 July '17), Dillards $1000 July '17, Several rebuilder cards closed not listed
Message 2 of 7
Regular Contributor

Re: CareCredit CLI story

Congrats! I just got a CLI from Care Credit last month plus I opened two new Synchrony accounts in the past 2 weeks and my score took a hit due to the new accounts....I'm still tempted to ask for a CLI on my Care Credit though lol ugh choices

Message 3 of 7
Regular Contributor

Re: CareCredit CLI story

Congrats! Yeah could be a score issue. I’m at $7800 and was denied a CLI a couple months ago. My TU is in the low 700’s. I might be capped out until I get a score boost. I’ll try again in May and see what happens. My balance is less than $300. I use it for teeth cleanings and payoff every quarter.
Inquiries 7-10 across.
UTI 9%
AAoA 2.7
Total Annual Fees $385
No baddies
196k Total Credit
Goal 2019 $200k
Next up: Chase Cards. Garden til 4/20







Message 4 of 7
Contributor

Re: CareCredit CLI story

My husband has a 690 and just got his carecredit bumped to 12k so I don’t think that theory works. And that is what I asked for, they may have given him more.
Message 5 of 7
Community Leader
Super Contributor

Re: CareCredit CLI story

Congrats Op. Yes, Synchrony is usually tied into your TU score. The higher the score, normally the higher limits can be achieved. I find the sweet spot for increasing limits to be 680-720. 690 is magic babySmiley Happy
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Message 6 of 7
Valued Member

Re: CareCredit CLI story

I actually have a Walmart card and I can’t get an increase on it to save my life. Isn’t that weird? It’s only at $1000.
Message 7 of 7
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