@Anonymous wrote:
Is it generally true that you need to put heavy use through the card (not just frequent use, but close-to-limit-balances) to get an auto CLI (Chase, Amex, Discover, BoA)?
I've had my Chase Freedom card since 7/2011 and I put ~$500 on it every month (PIF) and one month charged up to $2.3k. CL is $3k. Never tried for a CLI since I don't need it and it isn't worth a HP.
I've also had a BCE since 1/2011 that has seen ~$300-700/mo each month (also PIF). CL is $2k. I've tried the 61 day, 90 day, etc CLIs and always been denied.
As someone mentioned earlier, it varies by lender.
A lot also has to do with your internal/behavioral scoring with the specific lender. Chase and Discover seem to be spend-centric or rely on some moderate to heavy usage but not necessarily where you have to hit your limit to achieve those results. Additionally, they base a lot of these decisions randomly and based on SP /account review information. So, if you have higher than usual utilization factors or items that would otherwise make the account not elgible for auto-CLI, then the alternative would be to request one; however, for Chase, BOA and possibly Discover, it will result in HP...so YEMV. AMEX aslo doesn't really favor high utilization or scores/profiles that are not optimal.
