CLI vs new card considerations

[expatCanuck]

In December, I added 4 CC accounts (3 of which are reporting -- AX in the fullness of time, if we live that long), and a HELoan (which has yet to report -- it's been 2 months).

In January, I was denied a card by Cap One (with which I have as yet no banking/CC relationship).

I'm contemplating CLI hard pulls for my BoA and Citizensbank cards, but am wondering -- would these issuers adopt essentially the same position as a new issuer (i.e. - you had 3 INQs in Jan, 6 in Dec (all spread evenly across the bureaus), and 3 new accounts -- you don't need  more credit at this time)?

In other words, if I'm going to go this route, would it make more sense to wait 'til late summer/early fall?

[HeavenOhio]

I'd wait until the new cards are are all six months old unless BoA inserts a prominent CLI link into your account page.

[Shooting-For-800]

I would think that if you got denied for Cap One, you will prob get declined for CLI on other cards for now.

I would use the cards, pay the cards, then try again in 6 months.

[Anonymous]

I have two Citizens Bank cards and when I called in for a CLI, they told me that CLIs aren't available until a card is at least 9 months old. 

How are you sure that they do a HP for cli?

[expatCanuck]

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@Anonymouswrote:

I have two Citizens Bank cards and when I called in for a CLI, they told me that CLIs aren't available until a card is at least 9 months old. 

How are you sure that they do a HP for cli?

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My CB card is 8 years old, and has the same $6K line that CB provided 8 years ago.  I called them last month and asked how I might obtain a CLI.  Their answer -- you call us and request a CLI -- and, btw, it's a hard pull against EQ.

[Anonymous]

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@expatCanuckwrote:

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@Anonymouswrote:

I have two Citizens Bank cards and when I called in for a CLI, they told me that CLIs aren't available until a card is at least 9 months old. 

How are you sure that they do a HP for cli?

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My CB card is 8 years old, and has the same $6K line that CB provided 8 years ago.  I called them last month and asked how I might obtain a CLI.  Their answer -- you call us and request a CLI -- and, btw, it's a hard pull against EQ.

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Wow that's crazy lol, I guess I won't be raising my limits with them. I got both of my cards via a SP preapproval so it seems crazy that they only do CLIs via HP, but I believe you. 

[AverageJoesCredit]

If you have the Boa increase limit button showing, it means you may be eligble for an increase. Since they are mostly hp anyway, i think you could go for that whenever you feel the need. If your profile and income are good, they are generally generous.

[UpperNwGuy]

Why not take a break from both new cards and credit limit increases for 6-12 months and let some of those inquiries drop off your reports?  What's your rush to get yet more new credit?

[expatCanuck]

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@UpperNwGuy

UpperNwGuy

 wrote:

Why not take a break from both new cards and credit limit increases for 6-12 months and let some of those inquiries drop off your reports?  What's your rush to get yet more new credit?

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That would, of course, be the sane and sensible approach.  Not as much fun, but sane and sensible.  Really, tho', I do want to see my EX over 750 first -- which likely will be in the July-Sep timeframe.