Chase Freedom: I've Never Received An Automatic CLI...

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RewardHop
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Postby RewardHop » Sat May 24, 2014 5:19 pm

Dylan1982 wrote:I guess you missed the part where I said Chase sent me an email (invitation) stating I was eligable for a CLI.

All I did was verify my income and put in how much of an increase I wanted and that's it, instant CLI

There was no HP unless I wanted my CL above $14k


I read that part but I didn't realize that still didn't require a HP. Thanks for clarifying.
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Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]


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CarefulBuilder14
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Postby CarefulBuilder14 » Mon Jun 02, 2014 5:43 pm

My (totally failed) attempt to get a soft-pull CLI today on my Chase Freedom...

I was in the local Chase branch to make a deposit, and met in person with one of the general customer service representatives. I thought that getting a limit increase might be easy if I went there in person, given that I've had a checking account there for a while.

I said I wanted to get a limit increase on my card, and the branch CSR immediately called a central Chase office. After showing my driving license, verifying my SSN, and so forth, the central Chase CSR said she could put in a request for a CLI. I asked if it would require a hard pull or a soft pull, and she said it would be a hard pull. I asked how many credit bureaus they would check, or if I could pick them, and she couldn't tell me how many or which credit bureaus they would check with.

I said I thought it was kind of ridiculous. I pointed out that I had been a checking customer there for nine years. I had recently been keeping $12k-$15k in the checking account, and had made timely payments in full every week on the credit card since I opened it seven months ago. I was typically putting $1000 per month on the card, so having a $600 limit was just inconvenient. I mentioned that I had recently opened a Discover and an Amex, and that a hard pull on TransUnion would be okay, but that I didn't want the possibility of three hard pulls.

Now, if I was trying to take a $5k limit up to $20k, then of course at least one hard pull would have been reasonable. But to take a $600 limit up to, say, $2k for a customer who keeps 20X+ his current credit limit in checking at their own bank? Can't they at least tell me how many different credit reports they'll need to pull? It just seems ridiculous!
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

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CarefulBuilder14
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Postby CarefulBuilder14 » Sun Jul 06, 2014 11:07 am

I just applied over the phone for a Freedom CLI. I asked for a new limit of $3,000 (up from $600) and the CSR said they will get back to me in 7-10 business days.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

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CarefulBuilder14
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Postby CarefulBuilder14 » Mon Jul 07, 2014 8:53 am

I got a new limit of $2,000. They pulled TU and EXP.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

MemberSince99
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Postby MemberSince99 » Thu Jul 10, 2014 4:37 pm

When I requested a CLI, they also pulled 2 bureaus (EX and TU also). They flat out declined me. As a result, I'll never request another CLI from Chase. But then again it's not like I use the hell out of the card either. Yes I have my checking with them and I keep a nice balance in it, but I put most of my spending on my Amex and only put on the Freedom what I can't pay with Amex, so I'm cool if they leave the limit where it is forever basically - I don't care. I can't complain it's a nice limit, honestly.

supercoolman
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Postby supercoolman » Fri Jul 11, 2014 12:04 am

The only time I got auto CLI from CHASE was when I maxed out the CLI by purchasing. I did car down payment, medical, groceries... all in one month. I swiped my card without knowing it would go over my CLI by 1K. the transaction went through and I didn't suspect a thing. I checked online banking after I got back home and saw my CL was auto CLIed by 3K with only 2K left because my spending went over original limit by 1K.

of course, I wouldn't recommend anyone to go this route. I think I was just lucky. no pull and no harm was done on my CR



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