If you click on Request Credit Line Increase, they'll either come back with immediate acceptance (granting you an increase), information indicating that you need to call a Customer Service Rep (denied), or the long form asking for more information. There is no inquiry unless you fill out the long form and click on submit.
(BTW - Your post is so terse it's almost cryptic. I'm assuming you mean CLI when you use CRI above. Slow down and take a second to write your post next time you have a question you want answered.)
If you did a full balance payment and current balance is 0 or near to it, what would be the smart waiting period to ask for an AE CLI, so the computer or human see that you have been able to handle full balance payment, etc.?
I just requested a credit line increase from BOA online and mine increased from 8750 to 16250. When you request the credit limit increase online it specifically says that they will NOT run a credit report on you but rather examine your account standing with BOA. I have a checking account with them along with a credit card that I have been using for 5 years with perfect payment history. Thats probably why the increase was so high.
I applied for and received an MBNA card last year bc of info on this board. From what I read here, MBNA was one of the most generous (and quickest) to raise CLs. It's been true for me. I started with 25K and did a 0% BT. I've had the card for less than a year and they've increased it twice now to almost 28K.
I click the CLI on their website but I never fill out the form. The increases just appear when they close my statement.
I had discover at 10K CL for a few years and last year I asked for more and they did a hard pull and offered me only 14k. I called their CS and they connected me to a financial advisor, he looked at my account and said he could only give me 17k, i took it.
Also I have a BofA card that i got like 4 years ago and it started with 3k limit and it wen to 8600 by itself. I called and they give me a whooping $16100 CL without any pull. I was like wow! They also offered me 0% BT and waived the 3% $75 fee. I was like sweet!
The only thing I am confused about is how much does CL utilization impact your credit score. I read many different opinions, they range between 50% to 70% utilization.
Can anyone tell me what the heck I can do with my Capital One card?
It was my first credit card and my limit was $300. Since then, my credit score and history have been pristine (according to myFico, it is above 770), American Express has been generous with their credit limit, and my most recent credit card gave me $10,000 opening line of credit.
However, Capital One has increased my limit only once to $600, and that was when they renewed my account a couple of years ago. As far as I can tell, there's no way that I can increase the limit as calling their hotline will get you a recorded message saying that they are not granting credit limit increases via the Internet or phone.
The card is essentially useless to me but I don't want to cancel it just on the merit of how long the account's been open. It would be nice to at least have it hit a 4-digit credit line.
sandy05 said: AMEX Blue Ca$h 2000 -> 6000 -> 12800 -> 21000 within 20 months. Just by clicking on CLI link What level of income did you declare for this?
SweetCash said: sandy05 said: AMEX Blue Ca$h 2000 -> 6000 -> 12800 -> 21000 within 20 months. Just by clicking on CLI link What level of income did you declare for this? Reported income is same everytime (80K ish). My CC utilization reaches almost 90% and i always pay in full (never carried balance). I have already spent $50,000 within last 6 months (bluecash gives CashBack upto 50K only ), so this card is pretty much useless for me for next 6 months.
davef139 said: Ok I've just done a mini-aor where I got 5 new cards, I was thinking about how I could have gotten higher CL. For all the cards I put my sole income down 24k, I live at home with my parents should I start putting down the total household, comes out to about 100k I would assume or do you think this would just raise some redflags?
I see there was no reply to this and I am also wondering should I just say my Income of $45000 or though in the rest of the house? Thanks
Finally got a CLI thru Citi without a hard pull. $800 > $1600 > $2600 in 9 months time. Nothing special but it's a student card and I'm still building my credit. I'm satisfied . Funny cause I just got a Chase card so I pretty much stopped using this one, especially because the credit limit was low on this one anyway.
Depends on what the apps ask. Do they ask for household? Then put down household.
If it asks for PERSONAL income, then put your personal income. Cant be more clear than that :-P
lukeb5301 said: davef139 said: Ok I've just done a mini-aor where I got 5 new cards, I was thinking about how I could have gotten higher CL. For all the cards I put my sole income down 24k, I live at home with my parents should I start putting down the total household, comes out to about 100k I would assume or do you think this would just raise some redflags?
I see there was no reply to this and I am also wondering should I just say my Income of $45000 or though in the rest of the house? Thanks
MBNA, got an auto CLI 1 or 2 statements ago. Got full form when clicking on CLI on the web, but when I called about something else I also asked if a CLI was avalbile...yes $7200 -> $8200. Possibly more but probably needed a hard pull.
USAA offered 0% with 0 fees on my MC account last month. Line was already $11k, rep mentioned requesting higher limit, so I said why not? I gave her total household income ($100k), and she came back in less than 30 seconds," looks like they approved you right up to $30k."
And so started my first venture into interest rate investing with 0% offers
shnap52 said: USAA offered 0% with 0 fees on my MC account last month. Line was already $11k, rep mentioned requesting higher limit, so I said why not? I gave her total household income ($100k), and she came back in less than 30 seconds," looks like they approved you right up to $30k."
And so started my first venture into interest rate investing with 0% offers
Are you military? I have never received a 0% BT offer from USAA. I have had a card with them since 2001, but I am non-military.
I also just had CLI up to 30K from 12.5k on my card and 30k from 20k on wife's card. Although I requested it through the website and not on the phone. Asked for household income, that was it.
I just did the on-line credit increase request for my Citi Platinum card and it was increased by $1,100! I haven't done it for a while though, so it probably didn't need to think to much to shoot my limit up to around $6,500. Time to buy more 'crap' now.
We know the "Discover Rule" requires any CLI beyond 15k (if you've already reached 15k) to be a hard. But what about other issuers? I'd like to get some data points for similar rules from various issuers. In a couple of recent calls to Citi, I was told that anything over 20k by one CSR or 25k by another CSR require a hard - but two different figures from two different CSR isn't much of a rule...
dlr3 said: We know the "Discover Rule" requires any CLI beyond 15k (if you've already reached 15k) to be a hard.
That's the old rule, the new "Discover Rule" is beyond 25K. I went from 14K to 17.5K last month, no hard pull. Now if I could just get a good BT offer or if they would allow reallocation to one of those 0% for life deals...
mhesidence said:That's the old rule, the new "Discover Rule" is beyond 25K. I went from 14K to 17.5K last month, no hard pull.You weren't at 15k when you were bumped to 17.5k. I've seen no exception to the rule for those already beyond 15k.
I asked for an MBNA credit increase 3 days ago and was denied. My statement was up today and I looked online and they gave me an automatic increase today... Go figure.
Tried doing Chase online CLI. I have 3 accounts. Increased one within a few hours from 3k > 7.5k. I tried another to go from 2k > 15k, and was denied, haha, guess I got a little over-zealous. Is doing Chase by phone the best strategy? Cuz the online one makes you put in a specific requested dollar amount, sheeshhhhh
Is this a hard pull? The message I got.
"We regret that we are unable to approve your request at this time. You will receive a letter explaining that decision in approximately two weeks. The letter you receive will provide the reasons why we are unable to grant the additional credit to you. The letter will also include the name and address of the credit bureau agency that the report was requested from for our decision.
danboris said: Is doing Chase by phone the best strategy? Cuz the online one makes you put in a specific requested dollar amount, sheeshhhhhI did mine over the phone. I had 4 accounts on the first and oldest one I requested specific increase and I was denied. On the other 3 accounts I asked for whatever I could get, and all three got over $3k increases each. So you might be better off on the phone.
everytime i ask for an increase online it asks to fillout information and says they can request whatever they want. anybody with the info? thanks in advance
jairocon said: danboris said: Is doing Chase by phone the best strategy? Cuz the online one makes you put in a specific requested dollar amount, sheeshhhhhI did mine over the phone. I had 4 accounts on the first and oldest one I requested specific increase and I was denied. On the other 3 accounts I asked for whatever I could get, and all three got over $3k increases each. So you might be better off on the phone. Is there a specific automated number to call for Chase or simply the number on the back of the card?
vwbugman69 said: Is there a specific automated number to call for Chase or simply the number on the back of the card?The number on the back of your card.
everytime i ask for an increase online it asks to fillout information and says they can request whatever they want. anybody with the info? thanks in advance Looks like they always do hard pull. Chase CSR once told me that.
I have found Chase to be the most stingy with its credit limits. So far what I have found is that Chase always does a hard pull from your credit report - be it online or phone.
Anyways, would it be really bad for me to have a hard pull ? I must decrease my utlization ratio (currently it is at 90-100%)
neednowallet said: would it be really bad for me to have a hard pull ? I must decrease my utlization ratio (currently it is at 90-100%)Without additional info, no one here will be able to say if it's a bad idea for you to take a hard - you'll have to make that call. In general terms, the 90-100% ut is killing your FICO (unless you have a number of other revolving accounts with low ut to balance it all out). Is your total ut so high that it might cause Chase to decline your CLI request outright? - double whammy, now you have 90% ut and a ding of a few points to boot. However, a significant enough CLI would take off some of the ut pressure - you'll get those points back + more in the next 6 months. Greater benefit may be gained by paying down your balance.
OK i got an AMEX hhonors this last month and got a really low cl since i had a mii aor in july. Now I hear that you can get CLI from there online forms wihout pulls usually after first cycle. Should i wait a few months before I try or start right away? Ive already maxed my card and paid it off twice. Low limits are crap when your trying to max out points
my friend got her AMEX blue sky in june.. showed her the online CLI page.. and she got an instant CLI, doubling her CL to $5,000 after only having the card for 2 months. didn't have to enter any info either.
awsome so i just got a AMEX CLI, didnt ask for any personal info so it was no pull they gave me $1200 from 2k to 3200. Ok so the card is currently at like 52% untilization, hasnt been 1 billing cycle yet (fgot 10 days still). I have maxxed the card card and paid off alread tho. Im ery happy with AMEX now, 2k is so small hard to make decent size purchases for points. I've had my card for umm.. maybe 20 days lol..
danboris said: Tried doing Chase online CLI. I have 3 accounts. Increased one within a few hours from 3k > 7.5k. I tried another to go from 2k > 15k, and was denied, haha, guess I got a little over-zealous. Is doing Chase by phone the best strategy? Cuz the online one makes you put in a specific requested dollar amount, sheeshhhhh
Is this a hard pull? The message I got.
"We regret that we are unable to approve your request at this time. You will receive a letter explaining that decision in approximately two weeks. The letter you receive will provide the reasons why we are unable to grant the additional credit to you. The letter will also include the name and address of the credit bureau agency that the report was requested from for our decision.
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