Reply
Established Contributor
Posts: 676
Registered: ‎01-24-2008
0

Capital One CLI -Surprise

I have called Cap One several times over the past 3 months to see if my Visa rewards card ($1800 CL) and my M/C ($1000.00) were eligible for an increase.  The answer was always a decline.  I called just last weekend, got the same message.. even got the letter in the mail a few days ago.  I logged into my account tonight and was VERY surprised to see a $1500.00 CLI - it took me a while to really believe what I was looking at.  My credit scores are probably in the low 600's.  I wonder if the increase had anything to do with my transferring a large balance over to my Visa, which I finally paid down to zero last month.  My M/C was almost maxed before I got this CLI. In fact, I was (still am) going to transfer the M/C balance to my credit union Visa, which has a very, very low interest rate.  Oh, I have had these cards for 2.5 years and both were on the credit steps plan. I think over a six month period the Visa went from $500.00 to $1800.00 and has been there ever since.  The M/C started out at $500.00 too and could have gone up to $1500.00, but I went over my CL one month, so they did not give me my last CLI.   Wow, $1500.00 from Cap One.  This is the first CLI I have gotten from a major credit card company since 2008.  I do not even bother calling HSBC about my Discover and M/C! :smileyhappy:

*Note to self* Remember why and for how long you had to rebuild in the first place! One Day at a Time, One Day at a Time!
Moderator Emerita
Posts: 3,091
Registered: ‎08-09-2008
0

Re: Capital One CLI -Surprise

Congrats on the CLI! :smileyhappy:

 

Lenders seem to suddenly get in the giving mood this time year!

-------------------------------------------


Friendly, Supportive & Respectful


Understanding Your FICO Score  |  Credit Scoring 101  |  Common Abbreviations  |  FTC: FCRA Links  |  FTC: FDCPA Links  |  Opt-Out  |  State Resources


"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli

Established Member
Posts: 34
Registered: ‎11-27-2010
0

Re: Capital One CLI -Surprise

[ Edited ]
Hi, I got my first card from capital one no one else would give me on, it was 300.00 in Aug 2010, now only a few months later they sent me another card with a 500.00 limit so I am happy with them. Congrats.
Frequent Contributor
Posts: 290
Registered: ‎11-10-2010
0

Re: Capital One CLI -Surprise

got a 300 increase on a capital one secured card yesterday as well!!!  now only if orchard bank would start making progress

Established Contributor
Posts: 631
Registered: ‎07-29-2010
0

Re: Capital One CLI -Surprise

I just spoke to my mom, Cap1 increased her limit by $800 yesterday on her Classic Platinum Visa. I checked my 2 cards, no increase :smileysad:

Discover IT $25K | FNBO Visa $22K | Citi Forward $14.5K | US Bank Cash+ Visa Sig $15K | Priceline/Barclays $10K | Chase Freedom $10.5K | Amazon/Chase Visa Sig $8.3k | Citi Double Cash $6.5K | BoA Cash Rewards 1-2-3 Sig $7.5K | Sallie Mae World MC/Barclays $5K | Capital One Cash Rewards $5K | Commerce Bank $5K | WF Cash Back Visa $3.6K | Amazon/GEMB $2.5K | Younkers/Comenity $2.4K | AMEX BCE $2K Target $1K | AMEX Green
EX FICO (from AMEX): 754, TU08 FICO (from Discover): 755, AAoA: 3.6 years
Member
Posts: 5
Registered: ‎07-22-2010
0

Re: Capital One CLI -Surprise

I logged on today not thinking about getting a CLI i saw my credit limit and didnt really noticed it until i look at it closely and noticed capital one gave me a $1000 CLI this is my second CLI in the past 4 months im extremely pleased with capital one! they are great!!!

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.