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Barclays CLI Request: Aim High?


cv91915
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Has anyone attempted a CLI from Barclays recently?  

 

If I aim too high will they reject the request, or just counter with a lower number?  I'm trying to decide how much to ask for.

 

Background:

 

Barclays hasn't given me an actual CLI since 2016.  

 

The two most recent increases in the limit on my Aviator Silver have been the result of closing other Barclays cards (first the Sallie Mae card when it got devalued, and then the Arrival+, which has always been a bona fide turd that I only opened for the SUB).

 

The response to every CLI request in recent years has been a denial for not enough usage... even when it's been exercised vigorously, at least compared to the average consumer.  

 

And the last time I applied for a Barclays card they declined me, and even refused to move some of my existing credit line to the new card so they wouldn't even be extending me more credit.

 

They do not like me for some reason.

 

We've put ~$30k on this card in the past ~30 days, so I figured "It's now or never, Barclays."

 

KPMopxg.png 

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4 hours ago, TheVig said:

Sorry. Can’t help. Other than I plan to move my CL from my Cash Forward over to the Choice Privileges. Only reason I haven’t done it yet, is because I’m too lazy to make the call. 

 

Maybe this is the kick in the ... you needed to make that call.  :) 

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This isn't recent but the same principles should apply.  When I was asking for CLIs from Barclays, I asked for what I actually wanted.  When that was too high, they would reject it, and I would call to recon.  Usually I would be approved on recon.

 

Also, recon provides an opportunity to negotiate the amount.

Edited by nemo
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After letting it stew a while, I recalled some additional details.

 

*  In my case, pre-pandemic, a 10% CLI would usually be approved without recon.

*  When I would call for recon, they played this funny game where they asked for two numbers:

1)  What increase are you requesting?

2)  What is the minimum increase you will accept if you can't get what you are asking for?

 

They often gave me what I was asking for, and if not, usually something in between.  Stating a minimum did not hurt me.

Edited by nemo
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4 hours ago, nemo said:

After letting it stew a while, I recalled some additional details.

 

*  In my case, pre-pandemic, a 10% CLI would usually be approved without recon.

*  When I would call for recon, they played this funny game where they asked for two numbers:

1)  What increase are you requesting?

2)  What is the minimum increase you will accept if you can't get what you are asking for?

 

They often gave me what I was asking for, and if not, usually something in between.  Stating a minimum did not hurt me.

Thanks for the additional details! 

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  • 2 weeks later...
On 6/9/2021 at 1:48 AM, cv91915 said:

We've put ~$30k on this card in the past ~30 days, so I figured "It's now or never, Barclays."

 

I asked for +$25,000 to $75,000.

Request credit line increase

Your reference number is XXXXXXX.

A decision regarding your request will be made within 48 hours. A letter regarding the decision will be mailed to the address we have on file for you within 10 business days.

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5 hours ago, cv91915 said:

 

I asked for +$25,000 to $75,000.

Request credit line increase

Your reference number is XXXXXXX.

A decision regarding your request will be made within 48 hours. A letter regarding the decision will be mailed to the address we have on file for you within 10 business days.

I cross my fingers to that. It's a partner relationship issue, 

 

You spent $30,000 and paid off the debt recently. They liked it. Barclays makes money by swiping cards. I think the possibility and probability of obtaining $75,000 approval are very high. 

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4 hours ago, MP80 said:

I cross my fingers to that. It's a partner relationship issue, 

 

You spent $30,000 and paid off the debt recently. They liked it. Barclays makes money by swiping cards. I think the possibility and probability of obtaining $75,000 approval are very high. 


I appreciate your optimism. 

 

I am predicting a decline for "not enough usage."

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Barclay's is an odd bird.  They have flopped 3 or 4 times on their BK policy (as of last year (pre-COVID) it was prior BK and your on the BL for new cards).  They go forever in a day without giving me BT offers on my card, then I get them 2-3 per month.  They gave DW a starting CL of $75,000 on her card last year, which was her second highest overall (she has a BoA at $95k) and highest starting limit by far...actually highest starting limit either one of us has ever gotten.  I would bet if I were in the market I would be approved because they probably changed their policies again.

 

And lest we all not forget the great Jumanji incident from 2007 (for those that weren't around there was a weekend when Juniper, who was acquired by Barclays, was approving people for insane CLs relative to their portfolio.  I can't recall if this was pre or post acquisition.  Thread is here and is hella entertaining.  Juniper is tripping!!

 

 

Edited by CTSoxFan
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4 hours ago, CTSoxFan said:

 

Just curious did they pull a CR for the CLI or base it on a recent soft/usage?

 

I got six emails from monitoring services almost immediately after I submitted the request, so they did a fresh pull.

 

I just looked more closely now, and it was TU.

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6 hours ago, cv91915 said:

 

I got six emails from monitoring services almost immediately after I submitted the request, so they did a fresh pull.

 

I just looked more closely now, and it was TU.

Yeah, Barclays is almost always a hard pull for any CLI and TU seems to be their bureau of choice.

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8 hours ago, cv91915 said:

🤔

 

CJir3MH.png 

My premonition predicate your $75,000 approval, congratulations! Enjoy your monstrous credit line. :D

 

Hahaha! - The spirit of Juny!  :)

Edited by MP80
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4 hours ago, MP80 said:

My premonition predicate your $75,000 approval, congratulations! Enjoy your monstrous credit line. :D

 

Hahaha! - The spirit of Juny!  :)

 

Thanks.  

 

Now I regret not asking for $77,777.  :( 

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4 hours ago, cv91915 said:

Who else is going to jump in while Barclays is still <trippin' balls meme>?

 

I wouldn't call rationally extending credit "trippin' balls".  (And, it appears I had underestimated Barclays rationality.)

 

In this situation, "trippin' balls" (a la Junami) would be a case of someone approved for $75k, who had never had a prior credit line greater than $15k, and likely has a household income of no more than $100k.

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4 hours ago, hdporter said:

 

I wouldn't call rationally extending credit "trippin' balls".  (And, it appears I had underestimated Barclays rationality.)

 

In this situation, "trippin' balls" (a la Junami) would be a case of someone approved for $75k, who had never had a prior credit line greater than $15k, and likely has a household income of no more than $100k.

 

I'll put you in the no column.

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4 hours ago, Glacier said:

I put in for a $15,000 increase.  They only approved $5,000, so I went from $10,000 to $5,000.  Hard Pull on Experian.  Got same message as CV, rec'd phone call about 3 hours later with the news.  

 

Sweet!  Thanks for confirming that over-reaching (in their eyes) doesn't just get you a smack across the face.  🤚

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