Quick Questions

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Hawk12
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Quick Questions

Postby Hawk12 » Thu Oct 29, 2015 1:17 pm

Just joined the forum and have two questions related to two of my oldest cards and CLI.

My oldest account is a Citi Forward (May 2009) and it has remained at $2,500 since opening, I see they do not offer the Forward anymore, will they still offer CLI on the card? Is there some type of better card that Citi offers that I could do a product change to?

My second oldest card (Aug 2011) is a Chase United Mileage Plus, limit is $4,000, also the initial limit, how receptive is Chase to CLI? Do I just send them a message?

My current cards:
NFCU nRewards $15,000/$0
Cap One Venture $10,000/$2000
Chase Mileage Plus $4000/$500
Amazon Store Card $4000/$300
Care Credit $3000/$300
Babcock Furniture $3000/$0
NFCU Cash Rewards $2500/$200
City Forward $2500/$0
Dell Financial $2000/0
Discover IT $2100/$0
USAA Platinum MC $1500/$0


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Vattené
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Re: Quick Questions

Postby Vattené » Thu Oct 29, 2015 5:07 pm

Welcome, Hawk12!
Hawk12 wrote:My oldest account is a Citi Forward (May 2009) and it has remained at $2,500 since opening, I see they do not offer the Forward anymore, will they still offer CLI on the card? Is there some type of better card that Citi offers that I could do a product change to?

It is possible they would offer a CLI, even on a product they no longer offer but into which you've been grandfathered. You'd just have to request a CLI as you would with any other card.

Would you like to PC (product change) it to something anyway? They offer a lot of cards, and what you're interested in will determine what would be "best" to do a PC. The Citi Double Cash is popular and straightforward with a total 2% cash back on everything (1% back on purchases, and 1% back when you pay). If you're open to more complicated rewards something that offers ThankYou points may be worth considering, but since you already have good cards you would need to shift a lot of spending to the PC'd Citi card for it to be really worthwhile. Of course, it's not guaranteed they will let you PC your Forward, but - again - you would have to call and ask them what your options are.

Hawk12 wrote:My second oldest card (Aug 2011) is a Chase United Mileage Plus, limit is $4,000, also the initial limit, how receptive is Chase to CLI? Do I just send them a message?

I don't have any Chase cards myself, but I've heard they're not the most CLI-friendly. Couldn't hurt to request one, though. My personal preference is to call in and ask a CSR (just so I can speak to a person directly) if it will require a hard credit pull. I like to avoid hard pulls when I request CLIs, though, and that might not be as big of a priority for you.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

CC Deville
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Re: Quick Questions

Postby CC Deville » Thu Oct 29, 2015 6:54 pm

(Sh)iti is pretty good about offering credit line increases via their online account management. I have always had luck in getting $1,000 to $1,500 or more at a time and it historically has been a soft inquiry. As far as PCing, well that depends on what you are looking for. They do have the Double Cash card which is a 2% cash back card. If your Forward card is a Visa it will change to MasterCard when you convert to Double Cash. In my humble opinion, Double Cash is the only decent card that (Sh)iti offers. ThankYou points do not make sense to me but in fairness I've never bothered to research them. But the fact that I understand Chase UR points should tell you that Chase has done a much better job than (Sh)iti has with ThankYou. I have not personally tried, but many on another forum indicate that (Sh)iti is not allowing product changes until after (?) November because they are doing something with their systems. Many people have indicated that (Sh)iti is going all MasterCard meaning new, non cobranded cards (cobranded are Best Buy, Hilton and upcoming Costco) will all be MasterCard and existing non co-branded Visa's will be changing to MasterCard and this may be the reason for the temporary block on PC. But you will have to call to find out for yourself. Personally, I don't even waste time calling (Sh)iti and instead contact them on Twitter or Facebook so that an American rep will contact you.

Chase is known to approve credit line increases at the cardholder's request; however, they are usually not as generous as other credit card companies. Many people have found it easier to just get approved for a new Chase card and then eventually consolidate the credit line to either their older card or consolidate the older card's limit to the new card. Some advice, if you go that route don't open an Amazon Visa and expect a high limit. All cardholder initiated CLI's will cost an inquiry; but that really is not a big deal unless you have a ton of inquiries. Like (Sh)iti, there should be a link on your online account management to request a CLI or you may call customer service.

takeshi
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Re: Quick Questions

Postby takeshi » Fri Oct 30, 2015 8:27 am

Hawk12 wrote:My second oldest card (Aug 2011) is a Chase United Mileage Plus, limit is $4,000, also the initial limit, how receptive is Chase to CLI?

Many don't have much luck with CLI's from Chase. If you initiate a request then it will be a hard pull. That said, my wife has received multiple auto CLI's on her Chase card.

Hawk12
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Re: Quick Questions

Postby Hawk12 » Sat Oct 31, 2015 4:41 pm

I'll see what I can get out of the citi CLI button. As for Chase, I called them and they said it'd be a HP if I requested a line increase, so I am just going to leave it there. I refinanced my car last week and hope to buy a house within the next few months so I don't want any more HPs.



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