How is Chase with consumer-initiated CLIs?

[Anonymous]

I have had banking relationship with Chase since I was a freshman in college and credit card ($300 CL) with them since I had my first student job.

Fast foward 6 years to just before I joined myfico... $300 had growth to $2000 after about 5-6 HP CLI. So.. yeah... they're stingy when it comes to CLI.

[Ghoshida]

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@skigirl916 wrote:

I already have 4 Chase cards (CSP, Freedom, Southwest, Slate), so I'm not keen on opening a fifth. I'd just like a larger line, without shrinking another.

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(1) Chase is extremely stingy with customer-initiated CLI. They'll take your HP and give you next to nothing back. 

(2) Do you need all 4 of those cards? See if you can consolidate lines; then apply for something new.

Chase is known to have an internal limit and if your cards are not growing, and you're not getting high new lines, you might have reached that limit.

[navigatethis12]

I went from 3000 to 9000 on the Freedom and then to 13000 or 15000 about one week later. I was using the card a lot, so that helped. It's a lot higher now, but I don't really remember how it got there. I don't really agree with the open and move limits because you could get approved for a 1000 or 2000 card which wouldn't provide much use. Also, not everyone's credit reports can tolerate new accounts. If you want a bonus and you r report can handle it, then go for it. If you don't want a new account and have been using the card well, ask for an increase.

[Ghoshida]

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@navigatethis12 wrote:

I went from 3000 to 9000 on the Freedom and then to 13000 or 15000 about one week later. I was using the card a lot, so that helped. It's a lot higher now, but I don't really remember how it got there. I don't really agree with the open and move limits because you could get approved for a 1000 or 2000 card which wouldn't provide much use. Also, not everyone's credit reports can tolerate new accounts. If you want a bonus and you r report can handle it, then go for it. If you don't want a new account and have been using the card well, ask for an increase.

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With Chase, if you're not good for new accounts, you're pretty much not good for a CLI either. Agreed, with new accounts, it's an HP + AAoA drop vs just HP with CLI request. Still, people anecdotally have reported greater success getting newer cards and then consolidating than getting straight CLIs.

Thanks for the data point though.

[Anonymous]

My DW was recently on the receiving end of Chase's (non)generosity. Her $5000 Freedom limit was increased a measly $300 last winter...

Three hundred freaking dollars at a cost of one HP. The icing on the cake was when the CS rep told her in these words, "Congratulations, we were able to increase your limit to $5300"

/facepalm

My DW's credit score at the time was in the 720s, only 3 INQs, had the card for over a year AND she had (still has) a Chase checking/savings account. Up until that point, she had not received/requested a CLI nor a reduction in APR. We requested $10000 but were honestly hoping for $7500.

$300...still burns my chaps when I think about it.

[ltorres25]

I've had success with them for whatever reason. They auto CLI me from $2k to $4k after 5 months and then increased me from $4k to $10k after I sent a CLI request via secured message.

[CreditPacMan]

To add to my original reply .. last month I wasted 2 HPs requesting a CLI on my CSP. The first HP happened when I initiated the request .. it was of course denied. I contacted the EO and they asked to pull another report .. I was reluctant but I agreed. They pulled a different CB report (EQ). It was denied again. Never trust they will give you an increase. On the other hand .. they do SP CLIs every now and then .. on their own. They increased my CSP from $5k to $6k just two months after account opening,

[Anonymous]

since the slate doesn't offer much for rewards, why don't you just transfer most of that credit line to the card you use most?