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Established Contributor
westo12
Posts: 578
Registered: ‎07-20-2008

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

So if I apply online and get pre approved for a card and it has an AF, then it's a credit steps card?

2014 Starting-618, current TU617/EX653/EQ600 (WalmTU 7/7,Prosper, CLI decline ltr) / Ending Goal score: 720 - 25 pos TLs / Baddies: 1 unpd $312 med CA, 2/30 day auto lates almost 2yrs old /reported Install Bal/Lim: 27238/36512 | reported Revolving Bal/Lim: 12806/20532=62%util.

**IN the garden until I get some auto CLI's on major accts**
Valued Contributor
maiden_girl
Posts: 2,005
Registered: ‎12-29-2011

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


westo12 wrote:

So if I apply online and get pre approved for a card and it has an AF, then it's a credit steps card?


Mainly all of CapOne's "Average" credit cards are credit step cards. Only the one's that say "Excellent" are not and receive high CLIs.

 

The truth is out there...
FICO scores: 724 (EQ) 709 (EX) 711 (TU) 4/14 | Goal score: 750+ (all 3)
Tradelines: Capital One (5.0k) | Discover IT (5.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)
--------------------------Gardening until my credit recovers...NO MORE INQUIRES TIL 2015
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

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


westo12 wrote:

So if I apply online and get pre approved for a card and it has an AF, then it's a credit steps card?


I'm not sure thats totally true. If you apply for an excellent credit product from their website it should tell you when you apply if there is an AF.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
isoldmyatlas
Posts: 341
Registered: ‎04-28-2012

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

Thanks for the info, everyone! And yeah, I know I won't get another CLI any time soon, if ever, but as long as the card has no annual fee I'll keep it open since it has no FTF, which will come in handy for me!

TU: 761 (7/13/14) | EQ: 777 (7/6/14) | EX: 762 (4/6/14)

Cap1 Quicksilver, $4,750 (4/2012); Discover IT, $5,000 (10/2012); Chase Amazon Rewards, $7,600 (10/2012); AMEX Hilton HHonors, $15,000 (11/2012); AMEX Blue Cash Everyday, $10,000 (01/2013); Barclaycard Arrival+, $10,000 (07/13); Chase Hyatt, $7,000 (09/13)
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

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


isoldmyatlas wrote:

Thanks for the info, everyone! And yeah, I know I won't get another CLI any time soon, if ever, but as long as the card has no annual fee I'll keep it open since it has no FTF, which will come in handy for me!


If you hold the card for at least over a year and your credit has improved you can try the Exec. number floating around and hopefully they can take care of you!!

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
New Member
septembrie6
Posts: 6
Registered: ‎09-24-2012

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

capital one credit steps programs ($500 => $750) does not mean you will not see another increase;

as per my conversation with a few capital one representatives, i am not able to request a credit increase on my card, since my capital one newcomers card is not currently eligible for a credit line increase upon request.

however, there is no ceiling attached to my card, so there is a slight chance or at least hope to see a small increase in the future.

Established Contributor
espnjunkie
Posts: 725
Registered: ‎12-14-2011

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

I have the newcomers card as well. Basically I could care less about ever seeing a CLI from them again now. "We periodically review your account...blah blah blah" I have faced facts that these cards are not designed to grow with you over time. They are great for starting out though.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), US Bank Business
TU-778 (04/28/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)

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