01-18-2012 11:49 AM
I have two Cap1 cards. My first one started at $300 and got bumped to $500 at the 6-month mark. It's now been 11 months and it's still at $500. I am not expecting another CLI when it reaches the 1-year mark.
My second Cap1 card started at $500 and is enrolled in the credit steps program. I'm assuming that at the 6-month mark it will increase to $750. I'm not expecting anything further beyond that.
01-18-2012 11:57 AM
I'd keep the card even if it doesn't increase after a year so you continue to build more history with them and maybe one day apply for one of their prime cards e.g. Venture or Platinum
01-18-2012 02:01 PM
If they don't increase it any further it's going to have to go. This card carries an annual fee that I don't need to pay now. I have better cards with better limits. If they waive the fee or let me PC (unlikely) then maybe I'll keep them. I won't apply for another one of their cards. There is no reason a credit card company needs to do 3 hard pulls on someone's credit report.
01-18-2012 02:02 PM
My 6th Statement cut on Jan-15. And with it came my bump from $500 to $750. I'll keep using the card as I have been, for gas purchases. Let's see if there are more increases to come by continung to follow the steps. Seems to be a coin toss on this card.
I'm in the same boat as you, i'll keep this thread bumped for any CLI's. Same dates and all!!
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