Guess I haven't learned the secret yet to CLIs.

Benzman · ‎12-05-2015

Have acquired quite a few Master/Visa cards over the past two years, most starting out with lower limits around $2,500. I have got one or two CLIs in that time, but most card companies are saying "we cannot approve a CLI at this time due to insufficient experience of your current credit limit", or "your payments are not high enough". Granted, I am retired on disability, my debt ratio is less than 4%, scores in the upper 600s/lower 700s, with no late pays, collections, or other baddies, and maybe have total debt of approx $2,600 overall, sio I would think it isn't too bad. I always pay my smaller amounts in full, and the larger ones ($500+) are still on free interest promos but I still pay more than the minimum..

What I find interesting is reading all these posts on MF of members saying they got CLI even before using their new card, or hitting luv button when they first get the card, and having success. It just isn't working for me. Plus, how do you folks get these credit totals in the 100-200k range. It just amazes me. Any help is appreciated.

Anonymous · ‎12-05-2015

welcome to the forum. so it also depends on what cards you have that you're wanting a CLI on. the people that get a CLI before receiving a card are often doing that on store cards. amex allows a CLI upon activation as well as a few others (or doing a recon on a SL)
so help us out with what cards you have and maybe we can give some pointers. different lenders like different things but some lenders are impossible to tell lol.

Benzman · ‎12-05-2015

Thanks for the reply. See my signature line for cards.

DeeBee78 · ‎12-05-2015

@Benzman wrote:
Have acquired quite a few Master/Visa cards over the past two years, most starting out with lower limits around $2,500. I have got one or two CLIs in that time, but most card companies are saying "we cannot approve a CLI at this time due to insufficient experience of your current credit limit", or "your payments are not high enough". Granted, I am retired on disability, my debt ratio is less than 4%, scores in the upper 600s/lower 700s, with no late pays, collections, or other baddies, and maybe have total debt of approx $2,600 overall, sio I would think it isn't too bad. I always pay my smaller amounts in full, and the larger ones ($500+) are still on free interest promos but I still pay more than the minimum..

What I find interesting is reading all these posts on MF of members saying they got CLI even before using their new card, or hitting luv button when they first get the card, and having success. It just isn't working for me. Plus, how do you folks get these credit totals in the 100-200k range. It just amazes me. Any help is appreciated.

I'll let you in on a secret. Most people in these forums that claim $100K+ of credit have it tied up in store cards. I have $72K in credit lines, but only $13,400 is in Visa/MC's.

For your Synchrony cards, I would call credit solutions and request your CLI's through them. The Chat/Luv buttons are only good for some people.

For your Capital One cards, I'd combine all of them into a single Venture or Quicksilver (depending on what meets your needs).

Anonymous · ‎12-05-2015

i am on mobile so i don't see your signature. sorry.

DeeBee78 · ‎12-05-2015

@Anonymous wrote:
i am on mobile so i don't see your signature. sorry.

He has several decent cards already, especially for someone on fixed income:

elim · ‎12-05-2015

@DeeBee78 wrote:
@Anonymous wrote:
i am on mobile so i don't see your signature. sorry.
He has several decent cards already, especially for someone on fixed income:

Cap One Quicksilver 5.5k | Cap One Venture 3k | Cap One Quicksilver 3k | Cap One Platinum 500 | Buy Power Card 3K | Discover 7k | Barclay Ring 4k | Barclay Platinum 1k | Amazon Store Card 5k | BOA Platinum 2.5k | State Farm Visa 2.5k | US Bank Platinum 3k | Wal Mart Store Card 3.9k | Wal Mart Mastercard 4.4k | Ebates Visa 6k | Chevron Visa 3k | American Eagle Visa 1.5k | Banana Republic 1.2k | Old Navy 1k | Chase Slate 1.5k | Chase Amazon 500 | Chase Freedom 1.5k | Overstock 2k | Home Depot 1k | Paypal 2.2k | Target 800 | Kohls 700 | JCP 700 |. EQ: 734; TU: 737; EX: 709

this may be easier

Cap One Quicksilver 5.5k
Cap One Venture 3k
Cap One Quicksilver 3k
Cap One Platinum 500
Buy Power Card 3K
Discover 7k
Barclay Ring 4k
Barclay Platinum 1k
Amazon Store Card 5k
BOA Platinum 2.5k
State Farm Visa 2.5k
US Bank Platinum 3k
Wal Mart Store Card 3.9k
Wal Mart Mastercard 4.4k
Ebates Visa 6k
Chevron Visa 3k
American Eagle Visa 1.5k
Banana Republic 1.2k
Old Navy 1k
Chase Slate 1.5k
Chase Amazon 500
Chase Freedom 1.5k
Overstock 2k
Home Depot 1k
Paypal 2.2k
Target 800
Kohls 700
JCP 700

Anonymous · ‎12-05-2015

okay let's start with chase. those are more than likely stuck where they are unless you ask for a HP CLI and even then it's likely they won't budge

your synchrony cards can ALL be increased via chat or on the phone (not automated system)
if you haven't gotten an increase in 6 months on your cap1 cards then go ahead and ask for one. surprised you got a $3k venture. is it a venture 1?

discover you can ask every 91 days or so

BofA is HP AFAIK

barclay you can call in and ask them if you're eligible for an APR reduction. after granted that with a yes or no ask if you have any additional offers for a CLI.

the rest idk about

Anonymous · ‎12-05-2015

but with what i said that'll keep you busy for an hour or so lol. could gain upwards of $20k+ in CLIs

Benzman · ‎12-05-2015

Venture is regular card, not the V One.

Have tried Chase and no go on any of them.

Cap One denies CLIs due to low payment amounts (just what is required), so I have upped them and will try for CLI in three months as per their denial letter.

Barclays I have been afraid to ask anything after reading all the horror stories on here, lol!

Thanks everyone for the help!