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US Bank Cash+ CLI Approval Using New Process

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Frequent Contributor

US Bank Cash+ CLI Approval Using New Process

Wanted to share my recent experience with the US Bank Cash+ CLI process, which appears to have changed in the last 1-2 months.

 

Background:

  • Opened US Bank Cash+ about 11 months ago
  • Starting limit was $5000.
    • If I remember this correctly, I had to ask for a higher limit as the very initial approval was $1000.
    • Pulled Equifax at that time of the initial approval, which was hovering around 750

Trying various CLI Tricks = NO GO

  • First, I tried various links floating around this board to see if I can get a $1500 CLI with an SP
  • Next, I called credit analyst backdoor number, 800-947-1444.
    • Asked about CLI using Soft Pull (SP) and was told that ALL CLIs done through this department result in a Hard Pull (HP)
    • Was suggested to perhaps call regular customer service
  • Next, I called regular customer service number, 800-285-8585
    • Asked if I can request a "small" CLI of $1500, amount which has traditionally resulted in an SP based on other reports from this board
    • NEW PROCESS: Was informed definitively that the process has changed as of 1-2 months ago and that US Bank no longer allows for amount-based CLIs. In other words, one can either request CLI or not request it but can no longer specify the amount.
    • Further, I was informed that CLI request may result in an HP. When asked if this is always the case or if it's on a case-by-case basis, was not given a definitive answer
  • Decided to go for a CLI
    • Went for a CLI request, knowing that it may result in an HP.  Was asked by customer service to consent to a possible HP, provided updated income information and was asked to confirm mortgage/rent details. No other information was asked.
    • Was then immediately told that I will receive my answer in 7-10 days. Was not told if it was a denial or approval.
  • HP 2 Business Days Later = NOT IMMEDIATE
    • Two business days after calling customer service (Friday to Tuesday), received an alert that TU report had a new HP
    • Within 15 minutes, confirmed that it was indeed HP from US Bank
    • Logged in to US Bank portal and saw a $5,000 CLI for a total new line of $10,000
    • By the way, no email was received from US Bank regarding CLI
  • Data points
    • TU FICO around 760
    • 6 inquiries in the last 1 year
    • Many new accounts in the last year, 4 in the last 6 months

To summarize, at least based on my experience, it appears that US Bank has phased out the "small" CLI trick, i.e. being able to get $1500 or less CLI using SPs.

 

Thanks!!

 

Message 1 of 14
13 REPLIES 13
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Moderator

Re: US Bank Cash+ CLI Approval Using New Process

Grats on the CLI, I just wait for USB and Elans auto increases anymore. Good info here for the bulk of the posters thanks.
Message 2 of 14
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Super Contributor

Re: US Bank Cash+ CLI Approval Using New Process

Congrats on the CLI!

 

Thanks for the great post, very useful detailed info.


Message 3 of 14
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Valued Contributor

Re: US Bank Cash+ CLI Approval Using New Process

YOU...

awesome congratulations GIF by Slanted Studios

CONGRATS on the AWESOME CLI and Thanks for the DPs/well documented experience!!!

AMEX BCE $8K | AMEX Cash Magnet $15K | Citi DoubleCash WEMC $13.7K | Citi AAdvantage WEMC $14K | Citi Costco VS $12K
Discover IT $19K | OpenSky $300 | BB&T Cash Rewards $4.5K | Synchrony (PayPal Credit $4K, Care Credit $15K, & PayPal 2% MC $10K) |
BBVA Compass Rewards VS $10.5K | NFCU cashRewards $3K | NFCU More Rewards AMEX $33.5K | NFCU Flagship VS $19K
Macy's AMEX $10.5K | Apple Card WEMC $6K | PenFed Power Cash Rewards VS $7.5K

TCL - $204K+ | Rebuilding since April 2018
Message 4 of 14
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Valued Contributor

Re: US Bank Cash+ CLI Approval Using New Process

Thanks for the dailed info and congrats on the CLI!


Message 5 of 14
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Valued Contributor

Re: US Bank Cash+ CLI Approval Using New Process

Congrats on the CLI and Thanks for that very thorough and detailed DPs!
BK7 dc in 01/2011 with FICO8 in the 500s

New cc TLs : 1/6 ; 1/12 ; 2/24
HPs EX 2 EQ 2 TU 1
AAoA 5y4m
UTIL 1% - 3%

$220K+ Total Limits










Message 6 of 14
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Community Leader
Mega Contributor

Re: US Bank Cash+ CLI Approval Using New Process

Congrats , great post @kilroy8 approvedSmiley Happy
Message 7 of 14
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Super Contributor

Re: US Bank Cash+ CLI Approval Using New Process

WHEW !!  I was going to app this card in June. Not now.

Thanks OP for the heads up and grats


3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>09/2020 CCT EX 818 TU 826 EQ 840

Color me your color, baby
Color me your car
Color me your color, darling
I know who you are
Come up off your color chart
I know where you're comin' from
Call me (call me) on the line
Call me, call me any, anytime
Call me (call me) my love
You can call me any day or night
Call me

Blondie - Call me ( 1978 )
Message 8 of 14
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Frequent Contributor

Re: US Bank Cash+ CLI Approval Using New Process

Thank you for the DPs! Congrats on the approval for CLI, def worth the HP






Message 9 of 14
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New Contributor

Re: US Bank Cash+ CLI Approval Using New Process

I also have the card about 11 months ago with the SL 5k and they auto increased to 7k.

Message 10 of 14
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