As some of you might remember, last October I applied for and received a Chase Sapphire Preferred card. It's initial limit was $10K.
On 1/22, I received one of the "green checkmark" offers in the portal to add a Freedom card. Upon accepting it, I was instantly approved for $10K and noticed my CSP was auto-increased from 10K to 16K.
Fast forward to today... I've been making heavy use of my cards due to travel for work. I've averaged 60 transactions per month over the last 4 months and about 10K in spend on the CSP and about 5K in spend and 30 transactions per month on the Freedom.
I called in and requested a CLI for the CSP given that I did not want to be using such a high percentage of the limit. The person on the phone took my income information (198K/yr) and said that my CSP was approved for 33.6K. Since I was on a roll, I also asked if he could check for the Freedom. It also was doubled from 10K to 20K.
This puts my CSP as my new highest limit card (NFCU and PSECU are both 30K each).
My GENERAL strategy for Chase is to pay in full immediately the morning the statement cuts. Meaning I let it cut showing my usage for the month. Since Chase reports to the CRAs again after $0 balance, I don't have to worry about my usage reflecting all month on my reports. It's gone within 24-48 hours. (I see the notices from MyFICO monitoring about the card usage increase and drop a few days later all generally with no score change.)
I know a lot of people have said it's been hard to get increases with Chase, but they must really like my profile.
Great info. My CL is way less than yours. But by following pretty much the same pattern Chase doubled my CL w/an autoCLI at 3.5mos. I hope to follow in your footsteps, same speed, sadly less $$$.
Oh my! Congrats! Congrats! Congrats!
Do you have any other relationship with Chase besides the cc's?
No. The CCs are it!