How long to wait to ask for a CLI?

Anonymous · ‎03-06-2018

I recently obtained a Discover IT ($800) and a Chase Amazon Visa ($1200) ive heard the magic number with AMEX is 90 days, how long should i wait for the discover and chase cards? I was planning on about 4 months as id like to try and get an increase and have it report before i try for refinancing on my auto loan in may. Any suggestions?

Anonymous · ‎03-06-2018

Amex's magic number is 61 days after account opening.

Discover can be YMMV. There are people who get CLI a few months after opening the account, and some others that keep getting rejected even with almost a year. You can try when your account reaches 4 months, don't expect to get approved, but after 2--3 months you can always try again.

Requesting a CLI for Chase is almost always an HP. Don't think there is relevant magic number either.

Anonymous · ‎03-07-2018

With Disco, I have typically waited for 6 months before requesting CLI (if they have not automatically done so). They have been good to me.

Anonymous · ‎03-07-2018

Depends also on your spending habits. If you run through the cards a lot and PIF, odds are you will usually be granted a CLI sooner than others.

toadsworth · ‎03-07-2018

No harm in asking disco after your first statement cuts, then after every statement. That’s what I’ve been doing and I got my first cli 2 months in, then the next one 2 months after that and the next one was less than 2 months. It’s an SP so why not?

Kind of have everything I want now, creditwise. Undeliberately gardening until I have some spending to do and find a 100,000 Amex Platinum offer lol

Started my credit journey August 2016, after abstaining from credit for years after some poor financial choices in high school. Started with scores in the 580s. Current scores 11/6/18 - EQ: 754 TU: 757 EX: 743

From oldest to newest: DuPage CU Visa Platinum, SL 500 now 3750, Cap1 Platinum SL 300 PC'd to QS now 1600, Alliant Credit Union Share Secured Loan $500, Amex BCE SL 5000 now 600, Neiman Marcus SL 700 now 10000, Target RedCard SL 400 now 2900, Amex ED SL 10000 now 500 (combined with Cash Magnet), Chase AARP SL 800 now 3300, Chase Amazon Prime SL 1000 now 10000, Honda Lease, Discover it SL 1000 now 7000, Synchrony PayPal 2% CB SL 3000 now 10000, Barclays Uber Visa SL 800 now 2100, Citi ThankYou Preferred SL 3300 now 5300, Chase Ritz-Carlton SL 10000 now 1500 (moved to other cards to get annual fee refund), Comenity Total Rewards Visa SL 2000 now 3250, US Bank Cash+ SL 500 recon'd to 10000, US Bank Reserve LOC 1000, Union Bank Rewards Visa SL 5000 now 5000, Amex Cash Magnet SL 9900 now 20000, Cap1 Venture SL 10000 now 10000, Discover it 3000 SL now 4000, Amex SPG Luxury 3100 SL now 3100, Amex Amazon Business Prime 10000 SL now 10000, Amex Gold NPSL, US Bank Premier LOC 5000, US Bank Visa Platinum 5400 SL currently reconning

Combined revolving CL $135,300

Goal: Spring 2019 800+ club, $50,000 combined Amex limit

Anonymous · ‎03-16-2018

Just opened my email and saw an auto CLI from $10K to $13K. Didn't even ask for it.

joltdude · ‎03-16-2018

On discover.. I tend to think folks should wait until a few days after their third statement generates..... roughly three months and a couple days..

Discover sometimes gives an auto-CLI usually a few days after the third statement... if not.. its still a reasonably short time to start asking them for CLIs.... Yeah its SP but I do think that patience can pay off.. plus getting a bunch of Not enough experience with current CL letters is a bit wasteful... Know most of it is done with a computer but two day notices are looked at by a person.. and (this is an opinion) it looks desprate asking so frequently when you just got the card if someone manually looks at it....

After that, i was doing it monthly.... then every two months.. then every three months... and now its usually only every 6 months or if someone mentions it i might try......

-J