Cap One Platinum MC Auto CLI !

[bichonmom]

Well, at least I'm in good company!

[OneStepFurther]

I have one even better...

I got my second credit step card with the same $500 CL in 2010.  The first one was set for only the $250 increase, but the 2nd card was supposed to have a $250 increase at the 5th month and then another $250 at the 7th month mark.  I'm 200% positive that's what the letter stated. 

Well, they both got to $750 and they both stopped there.  (I got them about about 4 months apart)  Always on time, sometimes kept a balance, sometimes PIF but never over the limit, never any problems!  I've called a number of times questioning why I wasn't given the 2nd step and have gotten different answers from them i.e. there is no such thing as a second step in the program, your card is not scheduled for a second step, and that canned statement about me being valued and doing excellent crap!  

Unfortunately, I didn't keep the letter that stated the two steps were going to be given for my card and therefore, they refuse to honor it. I was told if I sent it (the letter) to them, they would look into it.  Yeah, whatever... I remember reading someone else saying that when they read posts like this it just makes them more irritated at Cap1...I have to agree   ....although I'm really happy for you guys that are able to squeeze blood from that Cap1 turnip!!!  Really, I am!!

[bichonmom]

At least it's nice to have someplace to commiserate!

[coldnmn]

I applied Nov 14 2010. Cap1 gave me $300 in credit steps the 7th month went to $500 no annual fee. I got an Email from Cap1 that I have a message. I logged into my account you could have blown me over with a feather, credit limit $2000 WOW.  I paid in full some months this month I have a $400 statment do balance.

[casmith1980]

I'm actually going to test the balance theory this month. I don't plan on applying for anything for awhile so I'm going to see what happens if I let my utilization show 80% on this card. My statement cuts around the 22nd so I'll post my update then.

According to my Experian report, the last soft from them was in September.

[mAndrew1980]

Ahhhh, the good old MyFico Cap1 CL debate. This one continues to rage on! I'm looking forward to finding out for myself. Opened my first Cap1 card 9 months ago with a 300CL. After 6 months they bumped it to 500CL. Wonder if anything will happen at the 12-month mark. Anyways I just opened my second Cap1 card with a 500CL. When I called to have it activated today, the lady told me at 5 months they will bump it if my payment history is good. I'm expecting 750CL and no other CLI ever again. But we shall see....

Like I always say though -- I'm hoping to have prime cards by summer so Cap1 CL is really not important to me. I won't be putting any of my big life expenses (engagement ring, trip abroad, down payment on a car, etc) on a Cap1 rebuilder card LOL.

[MissExcellentCredit]

Wow, CS800 - seems like you're due for a major increase! Wishing you the best.

[MissExcellentCredit]

How long have you had the card?  Have you tried talking to a manager or the bosses boss?  Hey, its worth a try.

[MissExcellentCredit]

Don't be discouraged. I applied for the rewards card, and got a bigger increase than expected. Yes, I already had a card with them, but the inquiries didn't hurt my FICO much. I think inquiries only hurt really bad when you have too many of them.  Rule to live by: Only apply for credit when you really need it (I'm taking my own advice here!) All the Best to you!!!

[MissExcellentCredit]

Ha,ha,ha!!! Don't hate.  Just keep trying!!!!  No really, All the best to you.