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.

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....

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).

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.

It was worth a shot - thanks for the tip.

Update 9/10/08:

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.

onedollarinmywallet said:Update 9/10/08:

...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.

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?

I just got the response from AMEX regarding CLI:

Dear .....,

Thank you for your e-mail.

I understand your concern about your credit score.

Please note that if you request online for increasing the Line of Credit, we do a hard pull of Credit file.

I hope you find this information helpful and I appreciate the opportunity to be of service.

If we can be of further assistance, please contact us.

Sincerely,

Rajesh Saini
Email Servicing Team
American Express Interactive Services