Reply
Regular Contributor
isoldmyatlas
Posts: 205
Registered: ‎04-28-2012

For those of you with Cap1 credit steps...

My 5th statement with my Cap1 Newcomers Card just cut yesterday, and I paid the balance today.  I'm part of the credit step program that increases my available CL from $500 to $750 after the 5th statement cuts.  The original letter I received said my CL should reflect the bump "by your 7th statement."

 

For those of you in the credit step program with them, did it really take a full 2 months for your available CL to reflect on your account?  Seems like a long time for something that should be easy to change in the system! :smileywink:

TU: 732 (11/27/12) EQ: 705 (11/27/12) EX: 723 (1/7/13)

Cap1 Newcomers, $750 (4/2012); AMEX Green, NPSL (10/2012); Discover IT, $3500 (10/2012); Chase Amazon Rewards, $1100 (10/2012); AMEX Hilton HHonors, $4000 (11/2012); AMEX Blue Cash Everyday, $4000 (01/2013); Chase Southwest Airlines Rapid Rewards Plus, $6500 (03/2013)

Zero credit history to over 19k in credit in under a year...all thanks to this community!
Frequent Contributor
shakalaka
Posts: 432
Registered: ‎09-10-2012

Re: For those of you with Cap1 credit steps...

I received the same letter when I opened the card. My limit went up with my 6th statement and was available immediately


Amex Platinum (NPSL) | Amex BCE (12,000) | Discover IT (8,000) | Chase Freedom (4,000) | Walmart (850) | Alliant CU Visa | CapOne Newcomers MC | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 726 (5/13) EQ 690 (4/27) EX 714 (1/26)

Established Contributor
maiden_girl
Posts: 1,157
Registered: ‎12-29-2011

Re: For those of you with Cap1 credit steps...

That was your final CLI. LMAO CapOne is evil. Once I got that letter...I haven't received another increase.

The truth is out there...

FICO scores: 677 (EQ) 664 (EX) 681 (TU) | Goal scores: 750+ (all 3)
Open loans: Hyundai Motor Finance - $12k balance | 60 months @ 4.9% (First Time Buyer 12/2012)
My Wallet: Capital One 1.5k | Macy's 1.0k | Living Spaces 8.5k | Ashley 5.5k | Amazon 2.0k | Discover IT 1.5k | Walmart Discover 1.5k | Chase Freedom 4.5k
Regular Contributor
isoldmyatlas
Posts: 205
Registered: ‎04-28-2012

Re: For those of you with Cap1 credit steps...

I know that :smileywink: I just want to know when it will happen!

TU: 732 (11/27/12) EQ: 705 (11/27/12) EX: 723 (1/7/13)

Cap1 Newcomers, $750 (4/2012); AMEX Green, NPSL (10/2012); Discover IT, $3500 (10/2012); Chase Amazon Rewards, $1100 (10/2012); AMEX Hilton HHonors, $4000 (11/2012); AMEX Blue Cash Everyday, $4000 (01/2013); Chase Southwest Airlines Rapid Rewards Plus, $6500 (03/2013)

Zero credit history to over 19k in credit in under a year...all thanks to this community!
Frequent Contributor
shakalaka
Posts: 432
Registered: ‎09-10-2012

Re: For those of you with Cap1 credit steps...

I agree, but it served the purpose as a Newcomer to the US. Since Saturday I have a ZYNC in my wallet and once Alliant will give me a CLI (I know hardpull), CapOne will be gone.


Amex Platinum (NPSL) | Amex BCE (12,000) | Discover IT (8,000) | Chase Freedom (4,000) | Walmart (850) | Alliant CU Visa | CapOne Newcomers MC | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 726 (5/13) EQ 690 (4/27) EX 714 (1/26)

Frequent Contributor
atarvuzdar
Posts: 307
Registered: ‎01-20-2012

Re: For those of you with Cap1 credit steps...

To concur with what's already been stated, the 6th statement for me on both of my credit step cards had the credit limit increase.

Current: EQ 660 March2013 / TU 696 April2013 (Walmart)
Start: EQ 584 Feb2012 / TU 629 July2012

Wallet: Discover It $1000 / CapOne NHRC $1500 / CapOne Platinum $1500 / eBay MC $2000 / Orchard $400 / Amex Zync $500 Autopay / Walmart $2000 / Amazon $1000 / Lowe's $1500 / JCP $2200
Established Contributor
espnjunkie
Posts: 610
Registered: ‎12-14-2011

Re: For those of you with Cap1 credit steps...

Congrats on the CLI. It will be the last one you ever see with that card.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown

Amex BCP ($12,000.00), Amex Green (NPSL), Capital One Cash Rewards ($750.00), US Bank Business Visa Platinum

TU-711 (07/10/2012)
EX (Plus) - 730 (03/22/2012)
Frequent Contributor
westo12
Posts: 495
Registered: ‎07-20-2008

Re: For those of you with Cap1 credit steps...

How do you get a Cap1 Credit Steps card?

2013 Starting: 593 Scores: 617 (EQfico) 658 (EXvant) 640 (TUfico) | Goal scores: 700 - 19 pos TL's / 5 baddies (1 pd) / 40% reported util
My Wallet: BofA 3k | Kay's 2k | Discover/AU 1.5k | Walmart 1k | Emblem 809 | Amazon Store 700 | Paypal BML 600 | Citi/Goodyear 500 | Chase 500 | FPB 425 | Capital One 320 | Target 300 | Capital One 300 | FPB 300
Established Contributor
Burned2manybridgesB4
Posts: 558
Registered: ‎03-15-2012

Re: For those of you with Cap1 credit steps...

Any cap one card with an annual fee is most assuredly in the steps program.

CHOPPING BLOCK: My last GE card...wally.
Established Contributor
ryanbush
Posts: 1,094
Registered: ‎08-19-2012

Re: For those of you with Cap1 credit steps...

not always true, after two years with two cards in the steps program i recently called the executive office.  both of my limits were increased to 2k, from 500 and 750



myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+