@FinStar wrote:
@Anonymous wrote:
I just got approved for Chase Freedom with a $3,500 limit. I already have a Chase SW Airline card with $8,500 limit so I'm kinda unhappy with the limit they've given me for Freedom.
Is there any way I could request for a reconsideration for CL? If yes, what number should I call at? Did people in the past have success in requesting for a reconsideration and subsequently getting a higher initial CL?
Wow. Seriously? The assigned limit is what you qualified under their underwriting criteria given your overall credit picture/income, present Chase relationship, etc. Chase doesn't have to match or give anything higher.
Some folks have had some success with reconsideration efforts. Be aware, it will be another hard pull. I guess the question begs (without knowing much about your entire credit profile); is $12,000 combined, unsecured credit with Chase not enough? Optionally, you can shift your credit lines so that you can have $6K (or anything optimal based on your spending) with each line if desired.
A little harsh there... Anyway, OP: What is your income if you do not mind me asking? They may have given you a low limit because you may be at the max amount of credit they are willing to extend to you based on your income. It could also be low if you do not utilize enough of your SW card. As above says, if you recon for a CLI immediately it will most likely have to be another HP.
........24000...............10000.....................6000................7000................500..................5000................18000...............10000
@broseph23 wrote:
@FinStar wrote:
@Anonymous wrote:
I just got approved for Chase Freedom with a $3,500 limit. I already have a Chase SW Airline card with $8,500 limit so I'm kinda unhappy with the limit they've given me for Freedom.
Is there any way I could request for a reconsideration for CL? If yes, what number should I call at? Did people in the past have success in requesting for a reconsideration and subsequently getting a higher initial CL?
Wow. Seriously? The assigned limit is what you qualified under their underwriting criteria given your overall credit picture/income, present Chase relationship, etc. Chase doesn't have to match or give anything higher.
Some folks have had some success with reconsideration efforts. Be aware, it will be another hard pull. I guess the question begs (without knowing much about your entire credit profile); is $12,000 combined, unsecured credit with Chase not enough? Optionally, you can shift your credit lines so that you can have $6K (or anything optimal based on your spending) with each line if desired.
A little harsh there... Anyway, OP: What is your income if you do not mind me asking? They may have given you a low limit because you may be at the max amount of credit they are willing to extend to you based on your income. It could also be low if you do not utilize enough of your SW card. As above says, if you recon for a CLI immediately it will most likely have to be another HP.
Along the lines of what I'm thinking. For your overall credit/income picture $12k is the max Chase wants to be exposed. It's not so much they only want to offer $xxxx on a particular card but the total amount among the cards. You can try for more but as mentioned it'll be another hard pull.
I agree with the other posters you may have reached your max CL Chase is willing to give. The 6k split between the two sounds pretty good. You can find a # to recon with chase in the backdoor number thread at the top of the CC forum.
Congrats on CLI . I'm 99% sure it was a HP.
