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Chase is so wacky...

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Anonymous
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Chase is so wacky...

Just a bit of a rant here, so take it for what it is. But I just don’t get Chase. I have a Freedom card, my oldest credit card, that has had the same $3k SL it came with. Wife gets auto-CLI’s with hers a lot. I mean, A LOT. Anyway, I went for the CLI and was denied, 750-ish scores across all three. Too many inquiries (3 at the time within 12 months, zero within six). Anyway, I ended up getting a Freedom Unlimited (8.3k), Sapphire Reserve (23.6k) and Amazon Prime (8.3k) for a total credit line of $40,200, in addition to the $3k Freedom card. Does that make any sense? 😂 Things to ponder, I suppose.
Message 1 of 13
12 REPLIES 12
Anonymous
Not applicable

Re: Chase is so wacky...

Are you using your CF a "lot" like your wife?


@Anonymous wrote:
Just a bit of a rant here, so take it for what it is. But I just don’t get Chase. I have a Freedom card, my oldest credit card, that has had the same $3k SL it came with. Wife gets auto-CLI’s with hers a lot. I mean, A LOT. Anyway, I went for the CLI and was denied, 750-ish scores across all three. Too many inquiries (3 at the time within 12 months, zero within six). Anyway, I ended up getting a Freedom Unlimited (8.3k), Sapphire Reserve (23.6k) and Amazon Prime (8.3k) for a total credit line of $40,200, in addition to the $3k Freedom card. Does that make any sense? 😂 Things to ponder, I suppose.

 

Message 2 of 13
Anonymous
Not applicable

Re: Chase is so wacky...

Yeah, pretty much. We both max out 5% categories each quarter.
Message 3 of 13
adelphi_sky
Frequent Contributor

Re: Chase is so wacky...

Yeah. That doesn't make sense. You can ask to move some limits around. Seems odd that they would give you so much credit on other cards and keep your Freedom limit low. I don't know. Credit limit methodology seems to be all over the place with credit card companies. I remember getting the AMEX Magnet card with a SUB to spend $3000 in three months and they gave me a $2000 limit. Smiley Surprised At the time, I had 4 other cards with them with 0% utilization. I had to call them to ask them to move some limits around to get the limit up to $7500. Which was fine because I didn't use my Blue Cash Everyday card that much. 

Message 4 of 13
K-in-Boston
Epic Contributor

Re: Chase is so wacky...

It doesn't make sense, but it makes sense for Chase.  New Years Eve a few years ago, I called ask asked for a CLI on my Freedom card which was about a decade old with a low $4200 limit ($1200 moved to it from a closed Slate account) and had never seen a CLI.  Denied.  As soon as I hung up the phone, I "rage apped" for a Chase Sapphire Preferred (now CSR) and I was instantly approved for $12,000 with the lowest APR available, then apped for a new Slate card (now closed) a few months later and was also approved with the lowest APR available.

Message 5 of 13
Anonymous
Not applicable

Re: Chase is so wacky...

"Rage apped" needs to be added to the official credit game lexicon immediately. Some powerful person please make it so.

Message 6 of 13
Anonymous
Not applicable

Re: Chase is so wacky...

I've put a ridiculous amount of spend on my Chase Amazon CC and they have never given me a CLI. Blows my mind as well..
Message 7 of 13
zerofire
Valued Contributor

Re: Chase is so wacky...


@Anonymous wrote:

"Rage apped" needs to be added to the official credit game lexicon immediately. Some powerful person please make it so.


Nice. Totally agree since I have rage apped in the past too. Even did it on my last spree.

 

Sometimes Chase will bucket you into a limit for that specific card. My first Chase Freedom which I recently got had a whopper of a $19,200 credit line. The limit will not make sense and the only real way out is to either transfer credit around or to have a perfect report. If they cannot find a reason to deny then they have to approve right? Lastly as a $3,000 Freedom card it is probably a problem that any increase will send you past $5000 and into Signature territory. A Visa Signature card will at times have a minimum credit score before a bank will be comfortable issuing it or you might be stuck out of that level.

TU:816 12/19/24 Bank of America--EX: 809 01/03/25 Experian--EQ:836 01/06/25 myFICO--Gardening since N/A
Active:
Bank of America (Unlimited Cash Rewards WMC, Customized Cash Rewards WMC, Customized Cash Rewards VSC), Capital One Savor WEMC, Chase (Amazon Prime VSC, Freedom Flex WEMC [x2], Freedom Unlimited VC), Citi (Custom Cash WEMC, Dividend MC), Citizens GreenSense WMC, Curve WEMC(Suspended), Discover It C, FNBO Ducks Unlimited VSC, GBank VSC, PenFed (Platinum Rewards VSC, Pathfinder Rewards VSC), Santander Ultimate Cash Back WMC, Synchrony PayPal Cashback WMC, UMB Simply Rewards VC[Milford Federal], US Bank (Cash+ VSC [x2], Pick n Save/Metro Market WEMC, Shield VC)
Wishlist: AAA Daily Advantage, AOD Signature, Bellco Colorado Rewards, Nusenda Platinum Cash Rewards, PCMCU Platinum Rewards, Redstone FCU Signature
Message 8 of 13
xaximus
Valued Contributor

Re: Chase is so wacky...

I've had the same issue with Chase, I had one of their cards that I got approved for 10 years ago for $500 limit, but with much lower scores. If I remember correctly, I was in the low to mid 600's if that. As I have worked to clear up my credit and scores have gone up, I requested a CLI and got denied. Funny enough, I "rage apped" as well and got the SW card and Slate for BT about 2-3 years ago. Both were approved for both at 3k-3.5k each. It made no sense then and still doesn't but from DPs I have seen here, it looks like Chase has an algorithm that locks a CC in a bucket. It doesn't matter how much usage happens, how old, etc. Only way to raise it is to either move CL from one card to another or pray to the Credit gods that they override and give you a CLI.


Scores - All bureaus 770 +
TCL - Est. $410K
Message 9 of 13
Anonymous
Not applicable

Re: Chase is so wacky...

I ended up moving some limit from my Prime card to the Freedom card since I get more use from the Freedom. Well, that may not be true. Seems I get a new package at the door at least every other day. 🤔 sometimes it’s stuff I dont remember ordering.
Message 10 of 13
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