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Valued Contributor
Skye12329
Posts: 1,101
Registered: ‎07-13-2013
0

Cap1 CLI Question

So i have had my QS card for almost a year, in may i can request another CLI but my question here is, if i ask for one and its declined. Can i ask for another after a month or two and possibly be approved or would i need to wait another 6 mos? Because i do have a small balance on my cards and generally when im asking for a CLI i try to get a $0 balance on all cards before asking to help my chances or at least below %30 anyways. I also know that sometimes when they view my information it might be the previous months report so thats why im asking. Also does anyone know if i request the increase online will i get an immediate answer?

Wallet: Chase Freedom, CSP, Discover IT
The Exiled Cards: Quicksilver, Target, Elan Financial Services, Best Buy, Sears MC
8/11/14 EQ: 687
12/27/14 TU: 666
12/10/14 EX: 660 Lender Pull
CC Payoff Challenge 2015 lets do this!
Frequent Contributor
Longroad
Posts: 442
Registered: ‎11-17-2013
0

Re: Cap1 CLI Question

My experience has been that it doesn't matter how often you ask or how long you wait, they will ALWAYS say NO. press the luv button, email the EO they will ALWAYS say NO. Bjt they are very nice about it. My experience is if you want a decent CL look for another lender

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Senior Contributor
SunriseEarth
Posts: 4,847
Registered: ‎08-12-2013
0

Re: Cap1 CLI Question


Skye12329 wrote:

So i have had my QS card for almost a year, in may i can request another CLI but my question here is, if i ask for one and its declined. Can i ask for another after a month or two and possibly be approved or would i need to wait another 6 mos? Because i do have a small balance on my cards and generally when im asking for a CLI i try to get a $0 balance on all cards before asking to help my chances or at least below %30 anyways. I also know that sometimes when they view my information it might be the previous months report so thats why im asking. Also does anyone know if i request the increase online will i get an immediate answer?


Yes, you can ask again after a shorter time than 6 months if you were denied a CLI.  The 6 month rule only applies if you were approved.  


Start: 619 (Wally, 9/2013) | Current: 669 (Wally, 12/8/14), 703 (EQ myFICO 8/13/14)
Care Credit $10200 | JCP $5000 | Walmart Store $5000 | Amazon Store $5000 | AMEX BCE $4500 | Overstock $4300 | Cap 1 QS1 $4000 | AMEX Costco TE $3500 | Macy's Special Events $2900 | Macy's Revolving $2500 | CU Visa $2500 | Sony Card $2500 | Macy's AMEX $1500 | Citi DC WMC $1200 | Merrick $1200 | VS $1150 | Gold Violin $1150 | Target $1000 | ~~Gardening Since 12/23/14
Valued Contributor
TiggerDat
Posts: 1,070
Registered: ‎10-15-2011
0

Re: Cap1 CLI Question

I tried to get an increase on one account with them and got a message that said because of usage vs. payments I could not get a CLI.  So I paid the balance in full, the balance is not actually mine - It's my nieces, and then then after the statement cut I tried again and got an increase from $3,500 to $5,500.  (I find it funny they didn't want the interest they were getting on the account, since all I did was transfer through spending the balance to another Capone account that had no interest for 12 months.) 

 

I haven't gotten any love on another account with them since I EO'd for a CLI.  It has been about 8 months now since i did that and they keep saying they can't do it until they assess my account at it's current limit.  It's an old HSBC (Household) card which I was getting the same message even after the conversion.  I actually think it is just coded to give me that message. 

 

It doesn't matter how often you try unless you get the increase. I tried right before my statement cut and then right after my statement cut and got the same message.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Regular Contributor
angelcred10
Posts: 218
Registered: ‎03-12-2013
0

Re: Cap1 CLI Question

when I did the same, it was like many others experience on here..

30-day blah blah

then out of nowhere the next month had an "Auto-CLI" for $300 extra..

Funny thing is I had no purchases or use the two months all that happened..


Starting Score: 635 Current Score: 686 Citi Pull
Goal Score:720s
Tried to use Images but it was all Wibbly, Wobbly, and Timey-Wimey.
Cap One Quicksilver $1,300 Wal-Mart $1,000 Best Buy $1.5K DiscoverIT $2.5K Chase Freedom $3K AMEX BCE $2K
Chase Slate - $1,000
AMEX Everyday - $4,000
Sallie Mae - $2,500
New!! Citi Double Cash - 1K
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Frequent Contributor
striehl8212
Posts: 325
Registered: ‎03-01-2014
0

Re: Cap1 CLI Question


Skye12329 wrote:

So i have had my QS card for almost a year, in may i can request another CLI but my question here is, if i ask for one and its declined. Can i ask for another after a month or two and possibly be approved or would i need to wait another 6 mos? Because i do have a small balance on my cards and generally when im asking for a CLI i try to get a $0 balance on all cards before asking to help my chances or at least below %30 anyways. I also know that sometimes when they view my information it might be the previous months report so thats why im asking. Also does anyone know if i request the increase online will i get an immediate answer?


I had sucess with my dad's Platinum card. I talked to a CSR and she PC'd his platinum to the VentureOne card and asked for a CLI ( I was feeling lucky even though his utilization on that card was at 86%) and was asked if $2,000 increase would work for me. And it was a SP. So I say you never know until you try. 

March 2014: EX 693 I EQ 672 I TU 694
September 2014: EX 721 I EQ 741 I TU 742
Regular Contributor
Brax
Posts: 237
Registered: ‎03-28-2013
0

Re: Cap1 CLI Question

I requested a CLI online over 5 times in Feb, kept getting denied for "insufficient usage". Towards the end of the month, went out and made a few swipes ($23 total) requested again and was approved for a $5000 increase, from $2000 to $7000.

 

So the most important thing I believe is to have at least 3 swipes in the last 1-2 months.

FICO Scores as of 10/31/14: EX 786, EQ 818, TU 808

Regular Contributor
avv7c0
Posts: 182
Registered: ‎01-18-2011
0

Re: Cap1 CLI Question

I disagree that the luv button is always a "no." I hit it the other day and was increased from $7.5k to $10.5k on my Venture.

Couldn't be happier. :smileyhappy: But we do use it as our primary card, so maybe that's why. Ran $90k through it last year.
----------------------------------------------------------
Fico Scores:
EQ - 811 (Feb '14)
TU - 829 (Mar '14)
EX - 814 (Mar '12) - Lender Pull
Regular Contributor
CenturyChild
Posts: 221
Registered: ‎08-06-2012
0

Re: Cap1 CLI Question

[ Edited ]

Send a PM via Facebook.  EO offices will call you.

 

YES. its possible. 

I just done this with my QS. It had a $750 limit, $39 AF and was 10 months old.

 

A few days later I have a $1500 limit and no AF.

 

But, I didn't just have 10 months with CapOne. And, I made heavy use of the QS. Running it to its limit and PIF every month.

 

I also had a couple years history with them from my Secured Card that I recently closed a couple months ago. And, I have another account with them, but its only 4 months old or so.

Not sure if all that makes a difference, but this is possible through the FB channel..

 

The online request will always deny if theres been a change in the limit in last 6 months, and various other reasons. Its really by the book.  EO will manuall review.

--Gardening until 12-2014--

Average Starting FICO 585 (6-12)
Current FICO 685 as of (3-14)

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