CC Deville wrote:Also, keep in mind that in a post CARD Act world, auto CLI's after the first year of cardmembership are very rare because the banks/credit unions have to obtain updated income in order to approve more credit. So a lot of banks now will give 1 or 2 auto CLI's within the first year and then it stops.
Interesting. I got a letter like that from Capital One a few weeks ago. I didn't realize it was a legal issue that prevents them from doing it automatically. They don't have any income info from me at all, they never asked for it when I opened the account.