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CapOne Secured Card Increase!!

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elle_t
Established Member

CapOne Secured Card Increase!!

Opened my Capital One secured card in May of this year for the $49 down $200 limit, logged in this morning to see my limit had been increased to $500!! Really excited 😁

Message 1 of 16
15 REPLIES 15
alvon123
Super Contributor

Re: CapOne Secured Card Increase!!

congrats!!


Message 2 of 16
elle_t
Established Member

Re: CapOne Secured Card Increase!!

Thanks!

Message 3 of 16
Anonymous
Not applicable

Re: CapOne Secured Card Increase!!

Was it an automatic cli? Wasn't aware they did that. I'll pass the info on to someone I know who has one.
Message 4 of 16
Anonymous
Not applicable

Re: CapOne Secured Card Increase!!

Congratulations!  My husband also has the same card and he started out with 500, I think; after a while they did an automatic CLI and was approved for 850, so it's definitely a good card to have.

 

 

Message 5 of 16
uswala
Senior Contributor

Re: CapOne Secured Card Increase!!

Congrats!

Message 6 of 16
coldnmn
Mega Contributor

Re: CapOne Secured Card Increase!!

Congrats! Thanks for sharing.

 

 

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 7 of 16
Ford725
Established Contributor

Re: CapOne Secured Card Increase!!

Congrats! Jus t got the same secured card last month and the QS1 with a $300 limit. Hoping for the same or greater next year. Smiley Happy

Current Scores: FICO08 670 EQ, FICO08 703 TU, FICO08 661 EX
Goal Score: 700's all 3 (07/2016)
Walmart $6k | Chevron $4k | Firestone $2.2k | Capital One Venture $5.4k | Quicksilver One MC $1.3k | Capital One Platinum MC $1k | Bloomingdales $12k | Amazon Prime $6k | Ebates Visa $12k | The Gap Visa $7k | Banana Republic Visa $7 | Brylane Home $2.6k | Express $2.5k | Overstock $1.85k | Macy's $11.3k | Stash Visa $12k | Lowe's $12k | Care Credit $5k | Macy's Amex $2.1k | Chase Amazon Visa $.5k | Cabela's Club Visa $2k
Message 8 of 16
Anonymous
Not applicable

Re: CapOne Secured Card Increase!!

For the QS1 you'll have to wait 6 months of usage and payments. They will usually give you an automatic one. I hit 6 months with my qS1 in sept and I submitted a cli myself but was denied for less then 6 months a week later or so they upgraded my limit to 3500. Just a few days ago they upgraded the card to a Venture 1. I got the card originally in March 2014. Starting limit was 500. My experience with Cap 1 every 6 months request for one and they will usually award, anything less then 6 they say no to. My secured card was upgraded at about 4 months. I pay in full every month on that card and only charge my credit monitoring service on it  which is 20 dollars. 

Message 9 of 16
Ford725
Established Contributor

Re: CapOne Secured Card Increase!!

benihect........Thanks so much for sharing your experiences so far. Looking at your siggy and reading your comments, I'm really encouraged. You're awesome!  May I ask what your scores were when you were approved for your Chase cards? Were they instant or did you have to recon?

Current Scores: FICO08 670 EQ, FICO08 703 TU, FICO08 661 EX
Goal Score: 700's all 3 (07/2016)
Walmart $6k | Chevron $4k | Firestone $2.2k | Capital One Venture $5.4k | Quicksilver One MC $1.3k | Capital One Platinum MC $1k | Bloomingdales $12k | Amazon Prime $6k | Ebates Visa $12k | The Gap Visa $7k | Banana Republic Visa $7 | Brylane Home $2.6k | Express $2.5k | Overstock $1.85k | Macy's $11.3k | Stash Visa $12k | Lowe's $12k | Care Credit $5k | Macy's Amex $2.1k | Chase Amazon Visa $.5k | Cabela's Club Visa $2k
Message 10 of 16
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