Congrats on the incrase
Congratulations on your AOD CLI!
Congrats on the CLI
Congrats on your AOD luv
Truth be told, in my going on 30 years of having credit cards, I have never requested a Credit Line Increase (CLI). The reason being is I never 'needed' one. I never came close to my limits. Well, not so with my $5000 AOD FCU Visa Signature (3% CB everything card, no longer offered to new applicants). We put everything non-cat on this card. Daily spend and monthly spend. Utilities, bills, Health/Car/Home insurance, retail, etc., etc. Always paid in full. A normal month can easily hit $2500. So, try to add any big purchase to that and you bust. Once I charged $2800 for some home theater chairs and I wasn't thinking, and it was denied. After that, I learned to pay it down early if we had a big purchase planned. Anyway, I figured I'd just go for it - as scared as I was to poke the sacred 3% hornet's nest! But it went well and I was granted the CLI.
When I was originally applying, my logic was I wanted to stay as low-key as possible, that's why I chose the lowest available limit for the card ($5k). Not sure that helped, lol. I imagined to myself them saying "There is no way we are giving this so-called mountain biker from California any more than a $5000 limit". LOL!
Anyway, the CLI was a (EQ) hard pull as people have stated here. You are basically reapplying for the card. I called Monday Mar 13 and the lady told me I need to reapply for the card. I asked how I do that when the Visa Sig is not offered any more. She told me I would just apply for their Platinum card and put in the notes that it is for a CLI to my Sig, not a new Plat. She said I can apply over the phone or on-line. I said whichever is easier for you and she said she was short staffed and closing soon so I should do it on-line. Ok, no prob. The problem was I got through the whole on-line app and there was never a location to add notes! So then I was freaking out that I was going to get a new Plat card. I sent a secure message from the website as well as an e-mail using the address I have on file to inform them. I requested a total limit of $10,000.
Nothing Tues 14. On Wed 15, the same rep that I worked with 1.5 years ago when originally applying for the card e-mailed me a docusign requesting my last two pay stubs. I sent three to be safe! In her e-mail, she acknowledged that the application was for a CLI, not new card. Phew!
On Thurs 16, I was sent some docusign forms to sign. It was all for the Platinum. Oddly, I was approved for the lowest 8.49% Platinum rate per the paperwork, even though the website states 9.95% is the lowest. Yes my Signature is still at a fixed 7.490%. My Equifax was 780. I really thought it was in the 800s but oh well.
So, come Fri 17, I received nothing at all from AOD but when I logged in to my account, I see the $10,000 limit!
So, needless to say, I am over the moon!
P.S. How did I write so much about a simple CLI? Sorry about that.
Congratulations on that 100% CLI