If I spend 7k a month what is my expected CLI?

[ocj]

I have a chase card opened feb 2020 with a limit of 7800. .im self employed with an income of 145k. Im currently spending 7k a month and I pay immediately next day after using it for the last 3 months if I continue spending over 7k a month what should my expected CLI ? I tried requesting a cli today and was denied by ive only put 7k on it monthly for 3 months so maybe I have to wait longer?

My score is 810 815 and 835.

I usually dont spend much so my limits arent very high.  I have an amex with 15k limit opened may 2020. Discover 9k opened may 2020.

Thanks for any advice

[Anonymous]

Great forum, so I'm sure you'll receive excellent advice, but wanted to suggest that you refocus your discipline away from making payments after each use.  Instead, consider allowing the aggregate purchases/amount due to actually post, then make the payment.  My understanding of how the system works is that you're basically asking for a CLI, but in theory haven't used the card.  Hope this helps some.    

[Anonymous]

Call reconsideration for another try on CLI: 1-888-270-2127

https://www.doctorofcredit.com/credit-cards/credit-card-reconsideration-line-telephone-numbers/ 

[ocj]

Thanks guys

[Girlzilla88]

Chase loves Heavy Spend and BIG payments it's how they almost doubled my CL in a couple months after having the card with Auto Love.    Not sure what amount to tell you to expect but if you have the money to pay it back that quick which is great try having it on there for enought to report then do several large payments      YMMV but they loved me when I did this and I see a few other people that agree with heavy spend and large payments

[Trikoret]

I'm surprised they only gave you 7k SL with those scores and income. You would probably need a 30k limit to give you some breathing room. 

[M_Smart007]

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@Trikoret wrote:

I'm surprised they only gave you 7k SL with those scores and income. You would probably need a 30k limit to give you some breathing room. 

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+1

[ocj]

I dont use my cards much thats been my mistake for years. I also dont spend much overall I Have very little debt . Cook at home etc. I spend an average of 2k a month or less before march 2020 and used to pay cash or use my debit card.

Lately IVe been flipping homes so I decided to use my cards more often.  Im very frugal personally so I have very low limit cards overall for my income. Me and my wifes combined income is 350k I see people on this forum with 50k limits which Im hoping for one day.

[ccquest]

I'd almost say stick with asking the other two for CLIs and just keep doing what you're doing with the Chase card until you hit at least 6 or 12 months and see what sort of auto CLI they give you. They do a hard pull for it, right? So "get your money's worth" from it.

[Remedios]

There is no reason for you to pay when charges post.

Unlike most other lenders, Chase will re-report whenever balance is brought down to $0.00.

If you pay the day after statement is cut, they will report again. 

You're kinda wasting your time and energy with frequent payments in this case. 

As far as CLI, who knows.  They didn't start you too low, so you might get one tomorrow or never. 

If your heavy use continues, ask for a CLI. There will be a HP, but it will get you closer to where you need this card to be.

Chase doesn't base CLI decisions on how you manage Chase account only, they "look" at entire  CR and how you're managing rest of your accounts, so make sure you look pretty  when you ask. 

HP is nothing to be afraid of, but i would suggest you wait a bit longer because you just got two new accounts.