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Cap 1 Secured

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Warrior2000
Regular Contributor

Cap 1 Secured

I've been having a secured card with $401 CL for three years with no missed payments. Beg of june i applied for an increase and i got a letter that said this type if card was not eligible for increase...whats up with that?
Message 1 of 6
5 REPLIES 5
Whitneyy
Valued Contributor

Re: Cap 1 Secured


@Warrior2000 wrote:
I've been having a secured card with $401 CL for three years with no missed payments. Beg of june i applied for an increase and i got a letter that said this type if card was not eligible for increase...whats up with that?

I think they just have to give it you to you, you can't ask. 

GOAL - 700 FICO across the board!
Message 2 of 6
Anonymous
Not applicable

Re: Cap 1 Secured

Yea, I've never asked for an CLI they were all auto..
Message 3 of 6
ChargeItPlease
Regular Contributor

Re: Cap 1 Secured

Yep. Cap One says it doesn't give customer-intiated CLIs on secured cards. My spouse has gotten a few autos though. We put in $125 of our money, and the limit is up to $750 now (opened in August 2012).


Starting Score: 400s (2011) Current: EQ 655 (01-2014) Goal: 700 Last app: 01-01-14. No apps 'til 12-2014!
Message 4 of 6
SevenNEW
Established Contributor

Re: Cap 1 Secured


@Warrior2000 wrote:
I've been having a secured card with $401 CL for three years with no missed payments. Beg of june i applied for an increase and i got a letter that said this type if card was not eligible for increase...whats up with that?

What are your scores, Warrior? It may be time to move to other cards...

SevenNEW, Garden Nerd - In the Garden until 2015!
4.2K 10K 24.6K
Message 5 of 6
Warrior2000
Regular Contributor

Re: Cap 1 Secured

Last time I ran them via a lender they were 652 TU 652 EQ 632 EX. I have a Cap 1 Platinum with a 1800 CL. Im in the process of applying for a home loan so I'll wait until thats over with
Message 6 of 6
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