Interesting blog article regarding CLI/CLD,,,Barclaycard

[BamaInvestor]

Two-part blog article from Barclaycard...

 

 

http://www.barclaycardring.com/t5/Barclaycard-Ring-Public-Blog/A-Case-Study-of-a-Credit-Line-Increase-and-Decrease/ba-p/5742

 

http://www.barclaycardring.com/t5/Barclaycard-Ring-Public-Blog/A-Case-Study-of-a-Credit-Line-Increase-and-Decrease-Part-II/ba-p/5840

[BobWang]

Very interesting that Barclays is willing to reveal their internal processes.

 

Key graphic in 2nd part.

[BamaInvestor]

Found this video as well...

 

[Occam]

I think I need to use my cards more.

 

But the good ways to generate spending at no cost keep getting shut down.

[cv91915]

"In fact, only 2-3% of our cardmembers have 2 or more accounts with Barclaycard"

 

That's not for lack of trying.

[alonsoflor]

So using your credit line to the max is a risk for them, what if PIF? Illogical.

[creditmmax]

So using your credit line to the max is a risk for them, what if PIF? Illogical.

 

It appears according to the graph in the Part II of the case study that at about 28-33% Utilization is the best zone for CLI with Barclay, and 78-92% is the more likelihood of a CLD. Very interesting indeed....

 

Maybe somebody here can run an average Utilization in the 28-33% range consistently for 6 months and see if they get an Auto CLI? Any Ginny-pigs out there?

[creditmmax]

Check out this pre-screening "soft-pull" for the Barclay Card Ring 8% card? I believe that they will soft TU?

 

https://www.barclaycardus.com/apply/ProactivePrescreenLanding.action?category=RING&referrerid=PROBA0413EMC

 

8% Variable APR for life on both purchases and Balance Transfers

 

Link to Terms & Conditions: https://www.barclaycardus.com/app/japply/lp/TnCs.jsp?prodidreq=CCMPS45299&cpc=C11

Edited July 15, 2013 by creditmmax

[chicagorich]

I wonder how they measure utilization.? Is it your total spending each month or the balance carried on the card.?

[Occam]

Good find Creditmax! I wish they would do this with some of their more attractive cards.

 

I would also love to know whether running the card up to 30% just once would count, or if one would need to show a pattern.

 

And, is the best tactic to run up balance -> PIF -> request CLI, or run up balance -> request CLI -> PIF? We need a lot of GPs.

[creditmmax]

Good find Creditmax! I wish they would do this with some of their more attractive cards.

 

I would also love to know whether running the card up to 30% just once would count, or if one would need to show a pattern.

 

And, is the best tactic to run up balance -> PIF -> request CLI, or run up balance -> request CLI -> PIF? We need a lot of GPs.

 

Thank you Bump Influence Scroll Keeper!!! I envy your title +1 to the need for more Ginnys

Edited July 15, 2013 by creditmmax

[cv91915]

I'm really tempted to be the Guinea pig on this, mainly because I've never gotten a decent CLI on either of my Barclays cards.

 

My US Air card only has a $5,000 limit, so hitting 30% consistently would be pretty easy.

 

Let me stew a little on this. I don't know the fate of this account past the completion of the US Air/AA merger, which is supposed to close this quarter.

 

I am NOT willing to try this with my Barclays Rewards MC because it has a higher limit (but still only $7,500) and s#!tty rewards.

Edited July 15, 2013 by cv91915

[mendelssohn]

So if you normally charge more than 30% should you PIF more than once per cycle?

[creditmmax]

I'm really tempted to be the Guinea pig on this, mainly because I've never gotten a decent CLI on either of my Barclays cards.

 

My US Air card only has a $5,000 limit, so hitting 30% consistently would be pretty easy.

 

Let me stew a little on this. I don't know the fate of this account past the completion of the US Air/AA merger, which is supposed to close this quarter.

 

I am NOT willing to try this with my Barclays Rewards MC because it has a higher limit (but still only $7,500) and s#!tty rewards.

 

Raising my glass for a toast of "good luck" on your test journey. Please keep us posted (according to the chart on Page 2 of the report you should be fairly safe at 20-30% Util). I wouldn't go any higher than that. One thing to check on is that I have seen people get CLIs in 6 month intervals. A side note, that you may want this to post on your 6th month statement (or count your semi-anniversary date from when the account was opened) and see if that works for that statement?

[CTSoxFan]

I will say this about their methodology. When they first acquired the Sallie Mae card, I had asked them to combine the limits with my other Barclay card, and they wouldn't do it. Fast forward about 9 months, and now I have a 0% BT sitting on one card, with utilization around 40%. I asked again for the combination, and they did it without a problem. Right now I am around 40% utilization, I will keep you posted if I get any CLIs.

[cv91915]

 

I'm really tempted to be the Guinea pig on this, mainly because I've never gotten a decent CLI on either of my Barclays cards.

 

My US Air card only has a $5,000 limit, so hitting 30% consistently would be pretty easy.

 

Let me stew a little on this. I don't know the fate of this account past the completion of the US Air/AA merger, which is supposed to close this quarter.

 

I am NOT willing to try this with my Barclays Rewards MC because it has a higher limit (but still only $7,500) and s#!tty rewards.

 

Raising my glass for a toast of "good luck" on your test journey. Please keep us posted (according to the chart on Page 2 of the report you should be fairly safe at 20-30% Util). I wouldn't go any higher than that. One thing to check on is that I have seen people get CLIs in 6 month intervals. A side note, that you may want this to post on your 6th month statement (or count your semi-anniversary date from when the account was opened) and see if that works for that statement?

 

I'm in for the experiment!

 

I got this card in March, so I'm just a few months short of six.

 

Limit is $5,000, so I will try to push $1,000 and $1,500 a month through this card through the September statement, and then request a CLI.

 

Statement balances so far:

 

Apr: < $300

May: < $50

June: Small credit balance

 

I have a one-off $500ish charge to make today, and I will put it on my US Air card to kick this off!

[creditmmax]

 

 

I'm really tempted to be the Guinea pig on this, mainly because I've never gotten a decent CLI on either of my Barclays cards.

 

My US Air card only has a $5,000 limit, so hitting 30% consistently would be pretty easy.

 

Let me stew a little on this. I don't know the fate of this account past the completion of the US Air/AA merger, which is supposed to close this quarter.

 

I am NOT willing to try this with my Barclays Rewards MC because it has a higher limit (but still only $7,500) and s#!tty rewards.

 

Raising my glass for a toast of "good luck" on your test journey. Please keep us posted (according to the chart on Page 2 of the report you should be fairly safe at 20-30% Util). I wouldn't go any higher than that. One thing to check on is that I have seen people get CLIs in 6 month intervals. A side note, that you may want this to post on your 6th month statement (or count your semi-anniversary date from when the account was opened) and see if that works for that statement?

 

I'm in for the experiment!

 

I got this card in March, so I'm just a few months short of six.

 

Limit is $5,000, so I will try to push $1,000 and $1,500 a month through this card through the September statement, and then request a CLI.

 

Statement balances so far:

 

Apr: < $300

May: < $50

June: Small credit balance

 

I have a one-off $500ish charge to make today, and I will put it on my US Air card to kick this off!

Great timing for the 6 month statement. Please keep us posted

[Fuerza]

That was a good article, I had always suspected the CLD however I don't really remember getting many auto increases. I try very hard not to carry balances unless its a 0% offer. But even them it doesn't sound like a good idea unless you have the available credit to limit your utilization.

[cv91915]

 

 

 

I'm really tempted to be the Guinea pig on this, mainly because I've never gotten a decent CLI on either of my Barclays cards.

 

My US Air card only has a $5,000 limit, so hitting 30% consistently would be pretty easy.

 

Let me stew a little on this. I don't know the fate of this account past the completion of the US Air/AA merger, which is supposed to close this quarter.

 

I am NOT willing to try this with my Barclays Rewards MC because it has a higher limit (but still only $7,500) and s#!tty rewards.

 

Raising my glass for a toast of "good luck" on your test journey. Please keep us posted (according to the chart on Page 2 of the report you should be fairly safe at 20-30% Util). I wouldn't go any higher than that. One thing to check on is that I have seen people get CLIs in 6 month intervals. A side note, that you may want this to post on your 6th month statement (or count your semi-anniversary date from when the account was opened) and see if that works for that statement?

 

I'm in for the experiment!

 

I got this card in March, so I'm just a few months short of six.

 

Limit is $5,000, so I will try to push $1,000 and $1,500 a month through this card through the September statement, and then request a CLI.

 

Statement balances so far:

 

Apr: < $300

May: < $50

June: Small credit balance

 

I have a one-off $500ish charge to make today, and I will put it on my US Air card to kick this off!

Great timing for the 6 month statement. Please keep us posted

Damn, that statement closed fast! I was able to get my July statement balance to just over $1,000 before it closed, so we're on target. Next month I'll make sure I charge about $1,500 on it.

 

I thought I had a few more days, but apparently I just need some training on how to read a calendar.

Edited July 21, 2013 by cv91915

[Slow Ride]

I'll GP, I was just approved for a Ring card and I am waiting for it to arrive.

[cv91915]

I'll GP, I was just approved for a Ring card and I am waiting for it to arrive.

 

That would be awesome. More data points.

[ckvb]

I'll GP my RMC. Should we all try the same approach?

[cv91915]

I'll GP my RMC. Should we all try the same approach?

 

Yes, have 20-30% of your credit limit charged when your statement cuts for at least a few cycles and report back if/when you get an auto CLI.

 

I will post monthly results (statement balance and whether or not I got an auto CLI) in this thread. Since my card is fairly new I will also note the number of months I've had the card (either explicitly or implicitly).

 

At some point if none of us get an auto CLI we'll all decide to call the backdoor number and see if we can help that along.

[ckvb]

 

I'll GP my RMC. Should we all try the same approach?

 

Yes, have 20-30% of your credit limit charged when your statement cuts for at least a few cycles and report back if/when you get an auto CLI.

 

I will post monthly results (statement balance and whether or not I got an auto CLI) in this thread. Since my card is fairly new I will also note the number of months I've had the card (either explicitly or implicitly).

 

At some point if none of us get an auto CLI we'll all decide to call the backdoor number and see if we can help that along.

sounds like a plan

[cv91915]

 

 

 

I'll GP my RMC. Should we all try the same approach?

 

Yes, have 20-30% of your credit limit charged when your statement cuts for at least a few cycles and report back if/when you get an auto CLI.

 

I will post monthly results (statement balance and whether or not I got an auto CLI) in this thread. Since my card is fairly new I will also note the number of months I've had the card (either explicitly or implicitly).

 

At some point if none of us get an auto CLI we'll all decide to call the backdoor number and see if we can help that along.

sounds like a plan

Thanks for the help!