No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
When I requested a CLI via the EO, my balance was high due to paying my routine household bills. I PIF before statement cut but didn't wait to request manual review during one of those times so they noticed an almost maxed card. They almost doubled my credit line, so I guess they liked what they saw (heavy usage). So your usage probably worked in your favor
Congratulations on the CLI!
Keep both your credit and your body in top shape!
@avv7c0 wrote:
So I logged into my account this morning for my Cap1 Venture, and noted that I had received an auto CLI of $5K! This brings my CL to $15.5K. Knowing how stingy Cap1 has been with CLIs in the past, I was surprised to see this.
I'm wondering if it's due to my high balance on the card. My son was born 3 months early this summer (is doing fine now), and so we had some tremendous hospital bills. I normally don't carry any balances that accrue interest, but did these past two statements and reported a balance of 9.5K out of 10.5K available. It is our primary card, and we run about $85,000 through it each year.
Do you think they bumped us so we'd keep using the card instead of paying down the balance?
Ironically, I already initiated a balance transfer to my Discover It with 0% APR that just hasn't posted yet. We should have it all paid off and back to normal in a month or two now that my wife is back to work.
Just curious as to what you guys think triggered the auto CLI, since I feel like I was demonstrating risky behavior. They didn't know about the hospital, did they?
Congratulations on your CLI! Cap 1 is changing, and Venture is very different from the entry-line cards. Enjoy the 15K limit, it's awesome!
Same here, logged in today and saw the auto luv / increase. Christmas gift I guess.
Cap One is awesome, will be in my wallet forever, regardless of what they're labeled in the past........
I logged in and no cli for me. Of course, I only have one or two charges over the last several months. I've been denied luv button CLI's for lack of use, so clearly cap 1 likes seeing heavy use. I just can't bring myself to put a lot of charges on my venture where I can get better redemptions on other cards.
@Anomalous wrote:When I requested a CLI via the EO, my balance was high due to paying my routine household bills. I PIF before statement cut but didn't wait to request manual review during one of those times so they noticed an almost maxed card. They almost doubled my credit line, so I guess they liked what they saw (heavy usage). So your usage probably worked in your favor
Congratulations on the CLI!
May have a light out on the Christmas Tree. Better check?!
They liked your credit behavior even with the high utilization, grats and enjoy
@ArmyVietVet wrote:
@Anomalous wrote:When I requested a CLI via the EO, my balance was high due to paying my routine household bills. I PIF before statement cut but didn't wait to request manual review during one of those times so they noticed an almost maxed card. They almost doubled my credit line, so I guess they liked what they saw (heavy usage). So your usage probably worked in your favor
Congratulations on the CLI!
May have a light out on the Christmas Tree. Better check?!
Keep both your credit and your body in top shape!
Congrats!