New888 said: Is there a strategy on getting CLI from AMEX? I received my first AMEX card, The Blue Cash about three months ago with a 7.5K limit. After setting up online, I clicked the CLI button...got a letter in the mail that they do not increase credit limits on new accounts for 60 days. Is that a standard AMEX policy? I haven't tried it again...any suggestions on what to do or expect? Many thanks in advance. This seems a standard for AMEX now, wait 60 days then do a CLI.
onedollarinmywallet said: Anybody here did a CLI without a hard pull on a Discover Card recently?
Last month as I asked for their "short form CLI". Lady said it came back asking for more info. I could not remember for Discover if that meant they would do a full pull (like Citi's Online CLI), so I declined saying I do not wish to spend that kind of time right now. She said I would receive a letter in 3-5 bus days explaining the reasons. In 3-5 bus days, I get the "Congratulations..." letter taking my CL from $9,200 to $11,700. Never got a reject letter from them.
The US Bank Online CLI form does not state anywhere on it that it would examine your credit. Is it safe to assume that they would not do one without disclosing this on the CLI request form?
With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI. No hard inquiry. Generally have to have the card for a while and wait between requests. Discover might route you to a live operator once in a while (like when I requested on a dormant card)
markkundinger said: With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI. No hard inquiry. Generally have to have the card for a while and wait between requests. Discover might route you to a live operator once in a while (like when I requested on a dormant card)
I just called Discover to request a CLI on a soft pull via the AVR route (my last CLI request was over 6 months ago) and was transferred to a CSR. For some reason, she said my account showed that a hard pull was required for any CLI's and so I consented in the end and she took all the usual info and said a credit analyst will review. She also said they usually pull Experian.
Oh well, let's see if they'll match up to the CL's that my other cards have (between $17K-$40.4K). Hate to have a hard pull on my CRs (currently 0 on TU, 4 on EX, and 4 on EQ) but oh well. Wonder if this is their new direction?
** UPDATE ***
I just logged into my Discover Card online and the new CLI is now showing.
The amount? A measly $4,000 increase! Sheeesh! And I sacrificed a hard pull just for this?
Anyway, from $9,750 to $13,750.
<Shaking my head in disbelief>
I'm thinking I should call them and ask them about it....
onedollarinmywallet said: markkundinger said: With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI. No hard inquiry. Generally have to have the card for a while and wait between requests. Discover might route you to a live operator once in a while (like when I requested on a dormant card)I just called Discover to request a CLI on a soft pull via the AVR route (my last CLI request was over 6 months ago) and was transferred to a CSR. For some reason, she said my account showed that a hard pull was required for any CLI's and so I consented in the end and she took all the usual info and said a credit analyst will review. She also said they usually pull Experian.
Oh well, let's see if they'll match up to the CL's that my other cards have (between $17K-$40.4K). Hate to have a hard pull on my CRs (currently 0 on TU, 4 on EX, and 4 on EQ) but oh well. Wonder if this is their new direction?I appreciate hearing the results of your experience as I am concerned about a hard pull also.
You said:"[Discover] said my account showed that a hard pull was required for any CLI'sWhat type of card do you have? How old is the tradeline? What is your HHI? What is your credit line?
jackcrawfish said: onedollarinmywallet said: markkundinger said: With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI. No hard inquiry. Generally have to have the card for a while and wait between requests. Discover might route you to a live operator once in a while (like when I requested on a dormant card)I just called Discover to request a CLI on a soft pull via the AVR route (my last CLI request was over 6 months ago) and was transferred to a CSR. For some reason, she said my account showed that a hard pull was required for any CLI's and so I consented in the end and she took all the usual info and said a credit analyst will review. She also said they usually pull Experian.
Oh well, let's see if they'll match up to the CL's that my other cards have (between $17K-$40.4K). Hate to have a hard pull on my CRs (currently 0 on TU, 4 on EX, and 4 on EQ) but oh well. Wonder if this is their new direction?I appreciate hearing the results of your experience as I am concerned about a hard pull also.
You said:"[Discover] said my account showed that a hard pull was required for any CLI'sWhat type of card do you have? How old is the tradeline? What is your HHI? What is your credit line?
It's the standard Discover More Card. My account's been opened since 1999. CL $9,750. HHI is about $170K. PM123 scores (last updated 9/3/08) were 768 (TU), 737 (EX) and 808 (EQ).
CycloneFW said: onedollarinmywallet said: Anybody here did a CLI without a hard pull on a Discover Card recently?
Last month as I asked for their "short form CLI". Lady said it came back asking for more info. I could not remember for Discover if that meant they would do a full pull (like Citi's Online CLI), so I declined saying I do not wish to spend that kind of time right now. She said I would receive a letter in 3-5 bus days explaining the reasons. In 3-5 bus days, I get the "Congratulations..." letter taking my CL from $9,200 to $11,700. Never got a reject letter from them.
Did they end up doing a hard pull? In the past, whenever I requested a CLI via a soft pull, they never requested any info and the response was literally instantaneous. You may want to check and see if a hard pull was done on your CRs.
markkundinger said: With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI.
Not available if you're at 25K+ with a US Bank CC. At least not on the Baylor card.
Sorry, Discover is stingy with CLIs. Should have warned you about that. If they want to do a hard, the best answer is to tell them to blow it out their ass. Then call back in 3-6 months and see if you can get a CLI without a hard.
lhendricks92 said: Not available if you're at 25K+ with a US Bank CC. At least not on the Baylor card. Apologies, I was only speaking for us peons, how's the view up there in megacreditville?
Confirmed that Discover pulled Experian, per PM123's alert this morning:
A new inquiry has appeared on your credit report. Here are the details of this inquiry:
Alert type: Bank/Credit Card Inquiry Creditor type: Bank Credit Cards Date of alert: 09/09/2008 Creditor name: DISCOVER FINANCIAL SERVICES Creditor address: PO BOX 15316WILMINGTON, DE 19850 Creditor phone number: 800- 3472683 Bureau: Experian
I decided to call Discover's customer service to find out what their reasoning was for the low CLI and they transferred me to the credit manager (a very pleasant and friendly one too!). She told me that the reason why it was only a $4K increase was because I did not specify the amount of the CLI requested. So, I asked her, "How about $25K?" She then said that for a $25K CL, they'd need me to fax in W2's, tax returns, etc. I then asked her what the threshold is, and she said, $24.5K.
So, she submitted it for $24.5K while reviewing my Experian report that she had on her desk, and within moments, it came back approved for $24.5K. And no additional hard pull.
That said, it looks like $24,500 is the amount that you can ask for (based on a hard pull) without having to need to submit or fax in additional documentation.
Hope this helps those who are trying to get higher CLs with Discover.
Confirmed that Discover pulled Experian, per PM123's alert this morning:
A new inquiry has appeared on your credit report. Here are the details of this inquiry:
Alert type: Bank/Credit Card Inquiry Creditor type: Bank Credit Cards Date of alert: 09/09/2008 Creditor name: DISCOVER FINANCIAL SERVICES Creditor address: PO BOX 15316WILMINGTON, DE 19850 Creditor phone number: 800- 3472683 Bureau: Experian
I decided to call Discover's customer service to find out what their reasoning was for the low CLI and they transferred me to the credit manager (a very pleasant and friendly one too!). She told me that the reason why it was only a $4K increase was because I did not specify the amount of the CLI requested. So, I asked her, "How about $25K?" She then said that for a $25K CL, they'd need me to fax in W2's, tax returns, etc. I then asked her what the treshold is, and she said, $24.5K.
So, she submitted it for $24.5K while reviewing my Experian report that she had on her desk, and within moments, it came back approved for $24.5K! With no additional hard pull.
That said, it looks like $24,500 is the amount that you can ask for (based on a hard pull) without having to need to submit or fax in additional documentation.
Hope this helps those who are trying to get higher CLs with Discover.
Hmmmm.... makes me wonder what income requirements they have if you actually GIVE them the tax forms and what kinds of limits above 25k are you eligable for? I am one of those guys that doesn't need to hide my HHI information. I'd gladly send them my tax forms if they would give me a 50k limit. Hell that may even be worth a hard inquiry (maybe not on Experian though).
I have a Biz card with a 11k limit, but my personal miles card only has a 1k limit. If I can get the personal card up to 24k, I can reallocate to biz (if they ever put out a good biz BT offer).
...credit manager ...told me that the reason why it was only a $4K increase was because I did not specify the amount of the CLI requested. So, I asked her, "How about $25K?" She then said that for a $25K CL, they'd need me to fax in W2's, tax returns, etc. I then asked her what the threshold is, and she said, $24.5K.
So, she submitted it for $24.5K while reviewing my Experian report that she had on her desk, and within moments, it came back approved for $24.5K. And no additional hard pull.
That said, it looks like $24,500 is the amount that you can ask for (based on a hard pull) without having to need to submit or fax in additional documentation.
Hope this helps those who are trying to get higher CLs with Discover.Thanks for the data point.... I just updated mhesidence's CC Issuer FAQ thread.
onedollarinmywallet said: CycloneFW said: onedollarinmywallet said: Anybody here did a CLI without a hard pull on a Discover Card recently?
Last month as I asked for their "short form CLI". Lady said it came back asking for more info. I could not remember for Discover if that meant they would do a full pull (like Citi's Online CLI), so I declined saying I do not wish to spend that kind of time right now. She said I would receive a letter in 3-5 bus days explaining the reasons. In 3-5 bus days, I get the "Congratulations..." letter taking my CL from $9,200 to $11,700. Never got a reject letter from them.
Did they end up doing a hard pull? In the past, whenever I requested a CLI via a soft pull, they never requested any info and the response was literally instantaneous. You may want to check and see if a hard pull was done on your CRs.
Nope, no hard pull at all. Each time before the response was instantaneous (this was the first time it needed further review) and each time there was a soft pull on my CR. Its nice to finally break $10k w/ them even though they are my oldest active card.
richfish13 said: sfmilstead said: Does AMEX conduct a hard pull from the CLI button if you are asked to put in annual income? I'm seeing conflicting information from numerous boards, so I thought I'd ask y'all.
Salud, Sean
AMEX has recently redone their entire CLI page. You will NOT get a hard pull for putting in your income. It is a new short form, unlike the old one. It is unclear whether you can even get luv anymore, since I haven't heard of anyone being 'preapproved' by AMEX anymore. You enter your new CL you want and your income and it will immediately give it to you, or if you are too high, it will give you a counter offer. Some people (but very few) are given a message that they will get notice in 7-10 days, in which a short pull is done. But BE VERY CAREFUL. Creditboards.com has been flooded with people getting huge lines (ie. getting all of their AMEX cards to 25k) then they are being hit with financial review. It seems the new system is VERY easy to get high cli, but it does come at a price. If you do it, be very modest.
If you get the 7-10 day message does that mean they did a hard pull? Did you mean "soft" pull here instead of "short" pull?
Went to my citi business card site (this still has the old citi interface for some reason). Clicked on the CLI request option and, for the first time ever, they granted me an free (no hard pull) 8k increase on my 29k CL business card. I was surprised since this card is half way through a 90% utilization promotional BT pull.
Strangely citi still refused to even offer an online CLI option for my daily driver professional card which gets heavy use (and monthly payoffs).
markkundinger said: With both US Bank and Discover, it's possible to call the number on the back of the card and use their automatic voice response system to request a CLI. No hard inquiry. Generally have to have the card for a while and wait between requests. Discover might route you to a live operator once in a while (like when I requested on a dormant card)
Generally US Bank will give CLI's every 3 months via the AVR. I have received 3 CLI's with my card in the past 3 months
Has anyone gotten an online CLI with BoA with their Experian frozen? I am about to try this but my EX is frozen. Not sure if it will work. Maybe I should call them and give them the pin?
DjPiLL said: Has anyone gotten an online CLI with BoA with their Experian frozen? I am about to try this but my EX is frozen. Not sure if it will work. Maybe I should call them and give them the pin? Yes, just did it a few days ago with BoA and EX frozen. Worked fine and went from 13,800 to 15,000 CL.
Went to my citi business card site (this still has the old citi interface for some reason). Clicked on the CLI request option and, for the first time ever, they granted me an free (no hard pull) 8k increase on my 29k CL business card. I was surprised since this card is half way through a 90% utilization promotional BT pull.
Strangely citi still refused to even offer an online CLI option for my daily driver professional card which gets heavy use (and monthly payoffs).
YMMV
Just tried an online request for an additional 2000 on my measly 10000 CL for citibusiness card and got this:
We have received your request for a credit line increase and have forwarded it to our Credit Department for review. You'll receive a letter from us within 7-10 business days.
Anyone know if this means a hard inquiry for this request?
Dutchtroll said: BobbyRobert said: Just a datapoint:
Went to my citi business card site (this still has the old citi interface for some reason). Clicked on the CLI request option and, for the first time ever, they granted me an free (no hard pull) 8k increase on my 29k CL business card. I was surprised since this card is half way through a 90% utilization promotional BT pull.
Strangely citi still refused to even offer an online CLI option for my daily driver professional card which gets heavy use (and monthly payoffs).
YMMV
Just tried an online request for an additional 2000 on my measly 10000 CL for citibusiness card and got this:
We have received your request for a credit line increase and have forwarded it to our Credit Department for review. You'll receive a letter from us within 7-10 business days.
Anyone know if this means a hard inquiry for this request?If you had to enter income information and submit a form, then it was a hard. Otherwise, if there was no form it was a soft.
Had Discover increased beond 15K twice: from 13xxx to 16xxx; from 16xxx to 19xxx without hard pull or additional info. ~5years old acc. Truth be told, lately they don't budge (~2month), as well as the other account (below 10K)
I know this is a dumb question... but reading a few of the pages I couldn't figure out.. How do you know if you get a hard pull or not. I just asked for CLI from AMEX and not sure if I got a hard pull or not.
Wid3load said: I know this is a dumb question... but reading a few of the pages I couldn't figure out.. How do you know if you get a hard pull or not. I just asked for CLI from AMEX and not sure if I got a hard pull or not.
I have found the info in the Quick Summary to be accurate:
No Hard Pull: ... AMEX - Use online form for no-hard CLI. Be warned of Financial Reviews though if you ask for too much. (usually up to $24,999 without additional info needed)
So, if you used the online form, there should be no hard pull. I don't know what will happen if you try it over the phone.
jackcrawfish said: Dutchtroll said: BobbyRobert said: Just a datapoint:
Went to my citi business card site (this still has the old citi interface for some reason). Clicked on the CLI request option and, for the first time ever, they granted me an free (no hard pull) 8k increase on my 29k CL business card. I was surprised since this card is half way through a 90% utilization promotional BT pull.
Strangely citi still refused to even offer an online CLI option for my daily driver professional card which gets heavy use (and monthly payoffs).
YMMV
Just tried an online request for an additional 2000 on my measly 10000 CL for citibusiness card and got this:
We have received your request for a credit line increase and have forwarded it to our Credit Department for review. You'll receive a letter from us within 7-10 business days.
Anyone know if this means a hard inquiry for this request?If you had to enter income information and submit a form, then it was a hard. Otherwise, if there was no form it was a soft.
Ipecac said: DjPiLL said: Has anyone gotten an online CLI with BoA with their Experian frozen? I am about to try this but my EX is frozen. Not sure if it will work. Maybe I should call them and give them the pin? Yes, just did it a few days ago with BoA and EX frozen. Worked fine and went from 13,800 to 15,000 CL.
I just tried it and it worked! Went from 25,500 to 35,000.
Initially got the 5-7 business day wait... but checked back an hour later and new 35k limit was there.
This is also with my EXP frozen and an 8500 balance on one credit card with HSBC.
On the chase.com website for my credit card... for an increase it says put in the amount and your income. and they will determine it in 4 hours... does this mean they do a pull??
Wid3load said: On the chase.com website for my credit card... for an increase it says put in the amount and your income. and they will determine it in 4 hours... does this mean they do a pull?? Chase has *always* done a hard pull for a CLI.
cyberkost said: Wid3load said: On the chase.com website for my credit card... for an increase it says put in the amount and your income. and they will determine it in 4 hours... does this mean they do a pull?? Chase has *always* done a hard pull for a CLI.
Most likely not. You might as well "spend" that same inquiry applying for a *new* card from Chase so that: 1) you can get some sort of an intro bonus 2) you can get a larger CL (than you'd get through CLI) and then consolidate the new card onto the existing one (bear in mind though that if you credit history is weak, the new card might temporarily lower your credit score by a little bit in addition to the hit from the inquiry)
Does anyone know how easily Wells Fargo can go above 25k? What is the largest personal credit limit with them? I started with 2k in 2006, went to 7k and then to 22k by the phone. Jump from 7k to 22k was a bit of surprise since I only asked for 11k. They will allow requests every six month via regular CSR phone. This time I am thinking about shooting for 45k as they alway counter if too high. They have been the leader in my cc portfolio and others(esp. BofA) have followed.
I just did the online form with BOA and went from 9900 to 17.5K in about 5 seconds. I had requested 20K, so I'm wondering if I can try this again in a few weeks. Does anyone know how long I should wait?
Edit: I did it on my other BOA card, which I never use. Went from 500 to 1K. Yipee. The 17.5K already shows on my other account so I can't complain too much.
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
