topic Re: Finally Got my Cap1 Auto CLI now what? in Credit Cards

Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 19:26:27 GMT

Hey All,

So I logged into my cap1 credit card account, and noticed that my everyday (Journey) student cash rewards card with a $300 limit is now $500. I haven't contacted them to see whether they can issue me another increase; but my question is, am I now capable of requesting cli? or am I still in the steps program? Thanks in advance!

Re: Finally Got my Cap1 Auto CLI now what?

Shogun — Mon, 08 Oct 2012 04:32:18 GMT

I'm afraid that is as good as it gets. With the credit steps program you get 1 whole CLI and that's about it.

Re: Finally Got my Cap1 Auto CLI now what?

kwazziee — Mon, 08 Oct 2012 04:49:45 GMT

I have to agree with Shogun. I have had my capOne since 2007 and was started of with 1,000 and have one CLI in 2009 to 3,000. Best of luck though.

Re: Finally Got my Cap1 Auto CLI now what?

migliogiorni — Mon, 08 Oct 2012 06:00:42 GMT

This is as good as it gets. Youll be gettin better cards before youll ever get another clli.

Re: Finally Got my Cap1 Auto CLI now what?

calihlove75 — Mon, 08 Oct 2012 06:07:36 GMT

kpresod wrote:
Hey All,

So I logged into my cap1 credit card account, and noticed that my everyday cash rewards card with a $300 limit is now $500. I haven't contacted them to see whether they can issue me another increase; but my question is, am I now capable of requesting cli? or am I still in the steps program? Thanks in advance!

If you lived to be a zillion years old..your credit limit would still be $500 :)

Re: Finally Got my Cap1 Auto CLI now what?

minimock — Mon, 08 Oct 2012 08:46:07 GMT

kpresod wrote:
Hey All,

So I logged into my cap1 credit card account, and noticed that my everyday cash rewards card with a $300 limit is now $500. I haven't contacted them to see whether they can issue me another increase; but my question is, am I now capable of requesting cli? or am I still in the steps program? Thanks in advance!

Get on the bandwagon, start your daily regiment of punching the "Modify Your Features" Monkey button LOL

Re: Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 13:49:27 GMT

Lol...geesh! well I called the Exec office, and a really nice lady is currently overlooking my account information. She said she would get back to me with some results, and told me not to worry....then she went further saying whether or not I receive a credit line increase or not she would make sure that I get some type of reward! So I guess I'll just wait it out :D.

Re: Finally Got my Cap1 Auto CLI now what?

shakalaka — Mon, 08 Oct 2012 15:01:12 GMT

Good luck, but the builder/rebuilder will not grow normally. And remember, if CapOne does a HP, it will almost always be on all three cr.

If you have enough history, go for a prime card.

What other TL you have?

Re: Finally Got my Cap1 Auto CLI now what?

tylaw13 — Mon, 08 Oct 2012 16:55:24 GMT

kpresod wrote:
Lol...geesh! well I called the Exec office, and a really nice lady is currently overlooking my account information. She said she would get back to me with some results, and told me not to worry....then she went further saying whether or not I receive a credit line increase or not she would make sure that I get some type of reward! So I guess I'll just wait it out :D.

see people like you who are gonna make that exec number just like any other CSR number. What makes you think you deserve a CLI? you have had this card for what 6 months? and the reason you went with cap1 is because you have no history or bad history? i know this forum is for helping people thats why i first shared the Exec number but this is not helping people! these people with no credit/bad credit feel entitle to CL's they dont deserve or cant handle. You guys are just ruining it for the people who deserve the CLI's and have proven it with years of ontime payments.

Re: Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 17:16:17 GMT

@tylaw first and foremost! I'm pretty sure I did not post the number/numbers. All I simply stated is that I contacted Cap1's Exec office. I'm most certain that there's more than one exec office(s). Secondly, I was pm'd months ago (take a look at my registration date) with such information......so who are you to tell me that I can't contact the executive office if I believe/deserve a credit line increase/rewards would be necessary to my everyday usage etc....especially being a VALID CUSTOMER like everyone else? Just for the simple fact that I mentioned "exec office" it seems as if it's a big issue for you? do you work for them? If so, then change the number(s) to give yourself a peace of mind. Lastly, this forum is for helping like you stated, and there's nothing wrong with sharing information. Until you find a post of which I posted such information; due all respect mind your business!

Re: Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 17:53:51 GMT

@shakalaka I currently hold Walmart: $500, 2 Cap1s $1000/$500(unsecured), and BoA (pending graduation) $300. 20% utilization.

Re: Finally Got my Cap1 Auto CLI now what?

shakalaka — Mon, 08 Oct 2012 18:04:30 GMT

kpresod wrote:
@shakalaka I currently hold Walmart: $500, 2 Cap1s $1000/$500(unsecured), and BoA (pending graduation) $300. 20% utilization.

Well Walmart may CLI every 4 months, it is a SP AFAIK. CapOne will not grow any more, never ever. Okay, 0.00001% managed to have them grown, but ...

If you have at least 6 months history you could try a charge crd from Amexco. Use the pre app from Amexco and Discover and if you have an offer, shout for it. That´s what I did. Do not waste your time with CapOne. They are good to start you of, but the builder/rebuilder cards are subprime and will never give you a nice limit or CLI.

BoA normaly graduates after 12 months and often gives you a CLI also. So you already next to prime land.

What you should do, is have patience. If you manage to get a Amexco and/or Discover treat them well and garden. Let them grow with you. And within 12 months latest you will be in much better shape. I guess also the pre app offers in mail will then come or even earlier. Do not go for prime cards, which require 12 months history or so. Most of them will decline you and if they approve you, the limit will be minimal.

Again, patience is your friend.

Re: Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 18:09:52 GMT

Much thanks Shakalaka! :D

Re: Finally Got my Cap1 Auto CLI now what?

shakalaka — Mon, 08 Oct 2012 18:23:26 GMT

kpresod wrote:
Much thanks Shakalaka! :D

Well that´s what the forum is for. Helped me a lot also. I know it is hard sometimes. But there is a nice thread about gardening :smileyvery-happy:

And I wouldn´t have my wallet without myFico. I would have lot´s of denials and Inqs for sure ...

Re: Finally Got my Cap1 Auto CLI now what?

tylaw13 — Mon, 08 Oct 2012 18:48:34 GMT

My post wasnt directed just at you either just people in general that have had there cap1 cards for a short period of time and expect a large limit. people should know what cap1 is and that is a conservative lender. i never said you posted the number and i dont work for cap1. but i do hold my ground by saying that people like you who have not had there card long dont need to be calling the exec office asking for a cli because that number will soon turn into a bunch of scripted CSR's saying the same thing all the time. you know why you got cap1 and thats because your new or rebuilding.

Re: Finally Got my Cap1 Auto CLI now what?

kpresod — Mon, 08 Oct 2012 19:30:18 GMT

Dude, the point here is....my post had nothing to do with you taking it out of context, and making it your own problem. It's as simple as that! Regardless of how you feel about cap1's exec office number being used/abused by MANY; again you had no right to turn my post(s) into a/your problem.....everyone else that commented on my post contributed, and offered their opinions towards the Topic, "Finally Got my Cap1 Auto CLI now what?". Whether cap1 cards are rebuilders/easy to get cards and/or very conservative with cli etc....I'm aware of it, I read about it, including the other myfico bloggers! But that doesn't stop ANY of us from trying. Furthermore, I've been with cap1 for 2 years in their secured card program, which I recently closed after being approved for the cash rewards $1000/Journey student now $500, and I'm extatic for being new and/or rebuilding credit with them. Have a great day!

Re: Finally Got my Cap1 Auto CLI now what?

Shogun — Mon, 08 Oct 2012 19:32:46 GMT

Congrats on the the CLI as I have said before. Let's tone it down just a bit and stay on topic. It's true that Cap1 is a conservative lender on some of it's lines, but it does also have some lines that have generous CLs. If you have good growth in your credit and a good relationship with Cap1 there is nothing to say that in the future your CL can't improve greatly! Thank you :)

Edited can for can't.

Re: Finally Got my Cap1 Auto CLI now what?

tylaw13 — Mon, 08 Oct 2012 20:10:50 GMT

Ok enough of me talking crap. Good job on the CLI hope the exec office has good news for you. And for your question "now what?" maybe check your scores and apply for better cards? Chase freedom is a great card. I do hope you know what i mean in regards to my other posts.

Maybe you already know your scores? if you got approved for the cash rewards i say apply for a better card. I have the Cash Rewards also and the same day i applied for that i applied for the Chase Freedom, thats why i mentioned the Freedom. Its a great card and will grow with you. Although CLI's are HP's when customer initiated. Maybe even apply for AMEX BCE or a charge card like the Green because AMEX is a good relationship to have.