Credit Card Forum
+ Reply to Thread
Page 1 of 2 1 2 LastLast
 
  1. #1
    Platinum Member
    Join Date
    Sep 2012
    Location
    Fort Dix, NJ
    Posts
    80

    Default USAA Automatic CLI

    I logged in to my USAA account this evening to make a payment towards my world MC with them. To my surprise, I saw that my credit limit was raised $2,500 from $7K to $9.5K. Just 13 months after my opening date.

    Just wanted to get others experiences with USAA's automatic CLI's.....
    Revolvers
    Credit Union MC 3/2004 ($6K)
    Capital One Platinum 3/2005 ($500)
    Dell Financial Services CC 2/2007 ($2.5K)
    USAA Cash Rewards World MC 10/2011 ($9.5K)
    AMEX BCE 01/2013 ($10K)

    Chargers
    AMEX Gold 1/2011(NPSL)

    EXP 721 (01/02/2013) Amex
    EQU 695 (01/10/2013) PenFed
    TU 705 (01/22/2013) MyFico

    "Please don't thank me for serving, I want to thank you for letting me serve on your behalf"
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  2. #2
    Centurion Member
    Join Date
    Dec 2011
    Location
    Texas
    Posts
    140

    Default

    I have only had the USAA mastercard since February so no CLI yet. I was started with a high CL so not expecting any increases anytime soon. Congrats on your new CL. USAA is a great bank.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  3. #3
    Platinum Member
    Join Date
    Sep 2012
    Location
    Fort Dix, NJ
    Posts
    80

    Default

    It sure is. Been with them my whole military career. I heard they're pretty generous with the credit limits as a whole. I started out at 7K.
    Revolvers
    Credit Union MC 3/2004 ($6K)
    Capital One Platinum 3/2005 ($500)
    Dell Financial Services CC 2/2007 ($2.5K)
    USAA Cash Rewards World MC 10/2011 ($9.5K)
    AMEX BCE 01/2013 ($10K)

    Chargers
    AMEX Gold 1/2011(NPSL)

    EXP 721 (01/02/2013) Amex
    EQU 695 (01/10/2013) PenFed
    TU 705 (01/22/2013) MyFico

    "Please don't thank me for serving, I want to thank you for letting me serve on your behalf"
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  4. Centurion Member
    Join Date
    Jan 2015
    Location
    Jacksonville, NC
    Posts
    103
    Add jcarte29 on Facebook Follow jcarte29 On Twitter

    Default

    Quote Originally Posted by namvet View Post
    I have only had the USAA mastercard since February so no CLI yet. I was started with a high CL so not expecting any increases anytime soon. Congrats on your new CL. USAA is a great bank.
    I would love to hear of USAA experiences as a client. I have dealt with them as a car dealer living in a military town, and I'm eligible to be a member due to my Dad's Air Force service. I received a pre-screened offer for a USAA Amex with 18 months, 0 percent for both purchases and B/Ts, and its a very intriguing offer. I would transfer a balance I have on my CSP.

    Worthy to give a shot?
    Always in my Wallet:
    AMEX Everyday $6,000 [11-14]
    Lowes Home Imp. Store Card $10,000 [4-14]

    Sometimes in my Wallet:
    Chase Sapphire Preferred VISA $5,000 [7-14]
    GM Power Buy Mastercard $6,000 [9-14]
    AAdvantage Aviator Red Mastercard $8,000 [10-14]
    Discover IT $2,500 [03-15]
    Chase Marriot Rewards VISA $5,000 [04-15]**

    Collecting dust: Cap One Quicksilver $2,100 [4-10]

    Closed Cards (closed date in bracket):
    Bank of America VISA $3,000 [4-04]
    First Premier Yellow Mastercard $500 [12-10]
    First Premier Blue Mastercard $500 [9-12]

    **Approved instantly April 15 2015, to be shipped soon after.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  5. #5
    Centurion Member lobbythis's Avatar
    Join Date
    Sep 2014
    Location
    usa
    Posts
    431

    Default

    You guys can request CLI every 6 months. It takes an HP, but it's worth it.

    I have another one coming in a month. Four cards total with them. Their rewards aren't anything special, but USAA has a lot of other benefits. They also look more at your history with them rather than your reports in general.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  6. #6
    Centurion Member
    Join Date
    Apr 2014
    Location
    Lawton, ok
    Posts
    248

    Default

    Quote Originally Posted by lobbythis View Post
    You guys can request CLI every 6 months. It takes an HP, but it's worth it.

    I have another one coming in a month. Four cards total with them. Their rewards aren't anything special, but USAA has a lot of other benefits. They also look more at your history with them rather than your reports in general.
    I would suggest that a HP every six months being "worth it" is pretty subjective. Unless they're giving some outrageously large CLI every six months with that HP and one needs it for utilization I think there are better options for CLI. Amex does a SP and will give up to 3X your CL.
    Citi AAdvantage Executive World Elite MasterCard
    AMEX Platinum
    AMEX Everyday Preferred
    USAA AMEX
    Discover IT
    Chase Freedom
    Chase Sapphire Preferred
    NFCU nRewards Visa
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  7. #7
    Centurion Member lobbythis's Avatar
    Join Date
    Sep 2014
    Location
    usa
    Posts
    431

    Default

    Quote Originally Posted by Battery111 View Post
    I would suggest that a HP every six months being "worth it" is pretty subjective. Unless they're giving some outrageously large CLI every six months with that HP and one needs it for utilization I think there are better options for CLI. Amex does a SP and will give up to 3X your CL.
    You are talking about a company that does something no one else does and only does it once. That cannot compare to anything I have suggested here.

    USAA gave me a 3X CLI on my last request after the card was 6 months old. As mentioned previously, they also look more at your history with them more than anything else. That's how I have 4 cards with them in short succession. CapOne and Chase will do the same, but I damn sure don't see anyone jumping for joy with the same results from Citi, Amex or Discover.

    Perhaps your experience with your USAA Amex is different.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  8. Centurion Member
    Join Date
    Jun 2013
    Location
    US
    Posts
    1,219

    Default

    Quote Originally Posted by jcarte29 View Post
    Worthy to give a shot?
    Quote Originally Posted by lobbythis View Post
    You guys can request CLI every 6 months. It takes an HP, but it's worth it.
    Quote Originally Posted by Battery111 View Post
    I would suggest that a HP every six months being "worth it" is pretty subjective.
    Worth is always subjective, regardless of topic. I don't request a CLI every 6 months but I do find it worthwhile to request a CLI as desired and supported by me credit even though it does incur an HP. YMMV.

    With a BK reporting USAA granted my my highest card limits and lowest APR's as well as the best terms on auto loans by a large margin. That was a number of years ago though so I'm not sure if that's still relevant.

    Now that my credit has been in much better shape their credit products aren't quite as shiny as others that offer better rewards but I still have my USAA cards even though I don't use them much as their high CL's (not the highest anymore but still pretty good) help pad my utilization. I still get excellent auto loan terms from them. The dealer I purchased from a year ago didn't even bother to try to push financing when I mentioned that I had prearranged it with USAA. The rep stated that he knew they couldn't compete.

    If you're not using their auto insurance I'd suggest checking it out. They're always top rated and while YMMV on this as well my experience with them (including claims) has always been excellent.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  9. #9
    Centurion Member
    Join Date
    Apr 2014
    Location
    Lawton, ok
    Posts
    248

    Default

    Quote Originally Posted by lobbythis View Post
    You are talking about a company that does something no one else does and only does it once. That cannot compare to anything I have suggested here.

    USAA gave me a 3X CLI on my last request after the card was 6 months old. As mentioned previously, they also look more at your history with them more than anything else. That's how I have 4 cards with them in short succession. CapOne and Chase will do the same, but I damn sure don't see anyone jumping for joy with the same results from Citi, Amex or Discover.

    Perhaps your experience with your USAA Amex is different.
    I apologize if I came off as bashing them, as that wasn't my intent. Only that personally I'm not crazy about an HP every six months just to get a couple thousand more (maybe) on a line of credit. Now obviously if you need the extra CL either for purchasing power or utilization that's different and the HP may well be worth it. For just "nice to have" CLIs I stick to the issuers that do SP CLIs like Discover, Citi, and AMEX.

    Keep in mind the 3X CLI isn't limited to once, that's just the max AMEX will approve for any one CLI. Six months after your 61 day CLI you can request another 3X if you so desire. Of course YMMV just like the initial one.

    I haven't had any gripes with mine, but it isn't particularly valuable to me so it lives in the sock drawer. USAA's points don't really do it for me so there isn't much reason to give it any spend other than to keep it alive.

    As for USAA overall, I've got no issues with them, but I'm not really a USAA fanboy either. I know some think they are the greatest financial institution that ever was. I'm just not one of those people. I've yet to see much of anything they can do for me that Navy Federal can't, short of the car insurance piece, although one doesn't need to bank with them for that. I think they're a good bank, and were I in the market for a new financial institution they would be in the running. But they wouldn't be my only consideration.
    Citi AAdvantage Executive World Elite MasterCard
    AMEX Platinum
    AMEX Everyday Preferred
    USAA AMEX
    Discover IT
    Chase Freedom
    Chase Sapphire Preferred
    NFCU nRewards Visa
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  10. #10
    Centurion Member lobbythis's Avatar
    Join Date
    Sep 2014
    Location
    usa
    Posts
    431

    Default

    Quote Originally Posted by takeshi View Post
    With a BK reporting USAA granted my my highest card limits and lowest APR's as well as the best terms on auto loans by a large margin. That was a number of years ago though so I'm not sure if that's still relevant.

    Now that my credit has been in much better shape their credit products aren't quite as shiny as others that offer better rewards but I still have my USAA cards even though I don't use them much as their high CL's (not the highest anymore but still pretty good) help pad my utilization. I still get excellent auto loan terms from them. The dealer I purchased from a year ago didn't even bother to try to push financing when I mentioned that I had prearranged it with USAA. The rep stated that he knew they couldn't compete.

    If you're not using their auto insurance I'd suggest checking it out. They're always top rated and while YMMV on this as well my experience with them (including claims) has always been excellent.
    What takeshi said here mentions a lot of the benefits I was getting at. The credit cards are mediocre in regards to rewards, but USAA has some benefits all around that can't be beat.

    Quote Originally Posted by Battery111 View Post
    I apologize if I came off as bashing them, as that wasn't my intent. Only that personally I'm not crazy about an HP every six months just to get a couple thousand more (maybe) on a line of credit. Now obviously if you need the extra CL either for purchasing power or utilization that's different and the HP may well be worth it. For just "nice to have" CLIs I stick to the issuers that do SP CLIs like Discover, Citi, and AMEX.

    Keep in mind the 3X CLI isn't limited to once, that's just the max AMEX will approve for any one CLI. Six months after your 61 day CLI you can request another 3X if you so desire. Of course YMMV just like the initial one.

    As for USAA overall, I've got no issues with them, but I'm not really a USAA fanboy either. I know some think they are the greatest financial institution that ever was. I'm just not one of those people. I've yet to see much of anything they can do for me that Navy Federal can't, short of the car insurance piece, although one doesn't need to bank with them for that. I think they're a good bank, and were I in the market for a new financial institution they would be in the running. But they wouldn't be my only consideration.
    As both of you mentioned, yes, HP every 6 months is subjective for different people. USAA does have two new cards that came out in January for cash back rewards that are actually comparable to Chase Freedom and Discover It. I just don't like how the cash back rewards are returned annually.

    As for the 3X CLI, I was focusing more on the 61 day policy as being something very specific to Amex. A lot of lenders will give 3X CLI after 6 months of course, just depends on your credit history when that time comes around.

    As someone who's scores are still in the 600's, nabbing 4 of the best cards USAA offers in less than 8 months and all having decent CL's is my reason for hyping them, perhaps a bit more than the average person.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

+ Reply to Thread
Page 1 of 2 1 2 LastLast
 
These forum posts are not provided or commissioned by the bank advertiser. Posts have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card issuers from which CreditCardForum.com receives compensation. This compensation may impact how and where products appear on this site, including the order in which they may appear within listing categories. CreditCardForum.com does not include all credit card offers that might be available to consumers in the marketplace.