Does banking with the CCC help with CLI?

[Anonymous]

I think it depends on a variety of factors.

Just finished an app spree and one part of the picture was getting a CLI from BoA. We've got one with them that has a fairly high limit and another whose limit has been stuck at $2,000 for ages. As soon as we hit the submit button we got a 1 - 2 week message. Called for recon and got a "senior credit analyst" who stated "everything looks good and thank you for having your deposit accounts with us. CLI to $15,000 is approved."

Now, can't prove having deposit accounts resulted in approval. But it's a fact that they see them. And a fact that they are human. The more positive experience you have with them cannot be anything but a positive thing.

[Anonymous]

I don't know about other banks, but I do know Chase will definitely consider your banking relationship when it comes to CC apps and CLI requests. Obviously, the higher your balances, the better. Generally, you need at least $10k on deposit for it to really matter. Once you get above $5mm, you can start to do really creative things on the credit card front (e.g. getting approved for a six figure credit card limit when you have a 600 FICO).

However, as someone else said, the possibility of CLIs should be very low on your list of criteria to choose a bank.