Back in July I was approved for a CSR with a $19,200 limit.
Live been using the card as my primary ever since--I needed to meet the $5,000 spend in 3 months to get the 50,000 bonus, DH and I had been planning a cruise so I put that on it, as well, and we eat out quite often. All told, I've put about $16,000 in spend through the card since July. I've been letting the card report with anywhere between $2,000-$7,500 each month except for this last one where I only allowed about $450 report.
Just logged in and saw Chase has rewarded me with a $4,500 CLI for a total credit limit of $23,700--not bad, I wasn't sure if a CLI would ever happen!
Congratulations! The CSR is a great travel card and you have a terrific SL.
Chase is all about maximum credit exposure. As long as you haven't maxed out with them, a CLI is possible.
My problem--and the reason I'll never get one--is that Chase considers my Ink Business Preferred card part of my overall exposure. The Ink Preferred card (which essentially is the business version of the CSR) has a $100K SL and 10 of my staff are AUs. Even though the company pays the bills for that card, Chase still insists on counting that SL as part of my personal credit exposure. As a result, I'm likely maxed out and may never see a CLI on my personal cards!
I received my CSR back in October with $19,500 SL. I reached the $4000 spend requirment in a month in a half. I hope to receive a CLI after 3-6 months. Your post gives me hope, for this is the only CC I currently use, which has the lowest limit unfortunately.
Congratulations on your CLI!
Congrats on your CLI !!!!
interesting information - did you learn about this from a conversation with a Chase UW? ...the max exposure part.
can you flat out ask "what's the maximum exposure you're willing to grant?"
regarding max out - are you referring to 'currently maxed out' or 'maxed out at any point in time'?
like an idiot I maxed out my Chase Freedom a couple years ago before realizing that hurt my already bad credit rating. Didn't know about utilization ....anyway, hope to get my Chase cards' CLs increased over time with some help from autoCLIs, would stink to have to burn 3 HPs to get 3 cards increased and then another HP for whenever it's time to try to get a different account/rewards program.