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New Contributor
nandrolone
Posts: 120
Registered: ‎05-05-2008
0

Another Cap1 Thread :p

i was just wondering. since i have had my cap1 500cl card for 18 months with no lates and cant see to get a cli no matter what i do.

should i just call everyday multiple times a day? i mean what do i have to lose. I know they keep record of every time you call but hey i really dont care. i just got my new shiny 5000cl Justice Fed card yesterday so im sick of this crap from cap1.

so yay or nay on bugging them daily?
04/01/2008 :: FAKO EX 560 05/05/2008 :: FAKO EX 685
05/05/2008 :: TU 625 :: EQ 615 :: EX 629
06/22/2008 :: TU 654 :: EQ 646 :: EX 626
Established Contributor
unknown_entity
Posts: 853
Registered: ‎03-21-2008
0

Re: Another Cap1 Thread :p

I'd call once a month or so.  You can always call and ask for the credit department and try to recon those CLI denials.  Capital One starts out giving good initial CLI's, but they seem to slack off after 6 months.  IMO, if you have good scores and low utilization, you should get the CLI if you talk to someone in the credit department.  Not a CSR or Account Specialist but an actual underwriter. 
07/26/2007 TU-688
EQ-656
EX-649
New Contributor
jessep28
Posts: 68
Registered: ‎05-09-2008
0

Re: Another Cap1 Thread :p

Yeah, Citi doesn't like to do CLI above $1500 per 6 month period.
TU 767 EX 761
Regular Contributor
belverbears
Posts: 104
Registered: ‎08-06-2007
0

Re: Another Cap1 Thread :p

Since some Capital One cards are made so they don't quailify for credit limit increases (and I had one like that), I applies for a second card and was approved ($750).   I checked out the second card tho.  I WILL be able to get credit line increases.
 
I just wish Capital One would tell us whether or not we have cards that quailify for credit line increases. Then we won't wait months and months asking for someting they know we won't get. Especially when the solution is just to get a second card that will qualify for the increases.
 
 
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TU: 569 EXP: 566 EQU: 564
Goal 750
Established Member
Givemesomecredit
Posts: 29
Registered: ‎06-01-2008
0

Re: Another Cap1 Thread :p



unknown_entity wrote:
I'd call once a month or so. You can always call and ask for the credit department and try to recon those CLI denials. Capital One starts out giving good initial CLI's, but they seem to slack off after 6 months. IMO, if you have good scores and low utilization, you should get the CLI if you talk to someone in the credit department. Not a CSR or Account Specialist but an actual underwriter.





Have you actually done this personally unkown_entity and had it work? If so do you mind sharing the details? I've had a card with them for years and they only gave me $258 increase on it recently.

Another tactic I've read in another thread is that if you try to close your account, they will increase your CL as incentive to keep the account open. I'm afraid to go that route and have it backfire on me. I hope to combine the 2 accounts I have with them down the road.
Established Member
Lance66
Posts: 51
Registered: ‎07-01-2008
0

Re: Another Cap1 Thread :p

Hmmm.. that is weird that they haven't given you a CLI.  I got my Cap 1 in April of thisyear and it started with $2K limit.  About a month ago I called and said I was going on
vacation and wondered if they would raise my limit.. they gave me $750 more.  Then,
today I signed on line to check my balance and they had raised it $500 more.. I now have
$3250.  They have been really good with me so far.  I just got a second card also but
that one they only started me out at $500.  Keep trying to get your CLI.  Good Luck!  
New Contributor
nandrolone
Posts: 120
Registered: ‎05-05-2008
0

Re: Another Cap1 Thread :p

well i really dont want to apply for another cap1 card and take the inq. hit just to combine the two cards limits...im thinking if i dont have CLI by november im canceling it.
04/01/2008 :: FAKO EX 560 05/05/2008 :: FAKO EX 685
05/05/2008 :: TU 625 :: EQ 615 :: EX 629
06/22/2008 :: TU 654 :: EQ 646 :: EX 626
Established Contributor
miahmarie
Posts: 648
Registered: ‎02-04-2008
0

Re: Another Cap1 Thread :p



ruggiero06 wrote:
well i really dont want to apply for another cap1 card and take the inq. hit just to combine the two cards limits...im thinking if i dont have CLI by november im canceling it.




I recently called to cancel my $500 capital one credit card. I thought I was persistent. They went to 1K and waived the annual fee for one year. They tried to say I could do either or, but I said I had too many other cards with no fee and this card was dragging me down.

They insisted this was the card to have in my wallet! LOL! :smileyhappy:

Whatever, I am keeping it for now because it is one of the oldest. But I never use them so a CLI probably would not make sense to them anyway.

I do not recommend calling to cancel just to get the CLI if you are not ready to actually cancel. But I have seen others on the forum who went to close it out and Capital One raised them as well.

Just a suggestion.
Valued Contributor
athensguy
Posts: 1,291
Registered: ‎02-26-2008
0

Re: Another Cap1 Thread :p

I've had my C1 card for about 2.5 years now. I've only received one CLI. However, I've only called them one time about it, and that was in response to a mailer they sent telling me to call to upgrade my card.

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