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Regular Contributor
notmyj
Posts: 159
Registered: ‎09-02-2010
0

Got Alot of Love From CapOne

I opened a cap one card back in Aug of 2010. This was my first card after starting to rebuild my credit, and getting alot of collections removed. I started with a $500 limit. In June of this year, I called for a credit limit increase and was given a new limit of $750. Sweet, this is going well. Since that time, a few things happened and I carried a large balance ($700) on it till about 2 weeks ago when I paid it in full. It reported yesterday with a $9 balance. Today I get a email alert from them saying I have a message. No message was in my acct, but my credit limit jumped... alot.

 

My limit went from $750 to $2250. I didn't ask for an increase, it was just given. Perhaps CapOne is getting more generous with credit limits...

 

4/6/09 EQ 555 TU 498 EX 553
9/3/10 EQ 590 TU 566 (Just now starting the rebuild)
9/11/10 EQ 610 TU 627
10/21/10 EQ 625 TU 660
12/08/11 EQ 681 TU 648 EX 667
2/13/12 EQ 677 TU 658 EX 675

From 9/2010 to 2/2012 I have gotten $44k in available credit, and closed on my first home 12/23/2011. All was made possible by the people here. Stay with it, it is possible!
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010
0

Re: Got Alot of Love From CapOne

Congrats. I opened mine the same as you, never got another dime, just over a year and a month old:smileysad:
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Regular Contributor
notmyj
Posts: 159
Registered: ‎09-02-2010
0

Re: Got Alot of Love From CapOne

If you have a good payment history and its not maxed out, give them a call and ask if you're eligible for a limit increase. I did this the first time and they gave put me up to $250. I was not part of the Credit Steps program that they offer. I have never seen them do a hard pull when I asked either.

4/6/09 EQ 555 TU 498 EX 553
9/3/10 EQ 590 TU 566 (Just now starting the rebuild)
9/11/10 EQ 610 TU 627
10/21/10 EQ 625 TU 660
12/08/11 EQ 681 TU 648 EX 667
2/13/12 EQ 677 TU 658 EX 675

From 9/2010 to 2/2012 I have gotten $44k in available credit, and closed on my first home 12/23/2011. All was made possible by the people here. Stay with it, it is possible!
Established Contributor
SevenNEW
Posts: 524
Registered: ‎08-24-2011
0

Re: Got Alot of Love From CapOne


notmyj wrote:

If you have a good payment history and its not maxed out, give them a call and ask if you're eligible for a limit increase. I did this the first time and they gave put me up to $250. I was not part of the Credit Steps program that they offer. I have never seen them do a hard pull when I asked either.


This has been discussed quite a bit in previous threads. The consensus seems to be that one reaches a point with the Cap 1 rebuilders cards -- somewhere between $ 1500 and 3000 -- after which no CLI is given. The best strategy at that point is:

- move on to prime cards or decent ones, depending on where your score is

- sockdrawer your old Cap 1 / or close it if it has an AF

- if you feel strongly about Cap 1 go back to them with an excellent score and get one of their prime cards

SevenNEW, Garden Nerd - In the Garden until 2015!
4.2K 10K 24.6K
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010
0

Re: Got Alot of Love From CapOne

I did today they said no......
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010
0

Re: Got Alot of Love From CapOne

I have 5k prime now, so not worried.
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Frequent Contributor
raenys
Posts: 387
Registered: ‎08-25-2011
0

Re: Got Alot of Love From CapOne

Wow! That is a big jump for Cap1. Congratulations!!!

New Contributor
mstew
Posts: 160
Registered: ‎08-10-2011
0

Re: Got Alot of Love From CapOne

Thats a huge jump! congrats!

 

Just checked mine, and...nope. I've had the same Cap1 Platinum at a $300 limit for 3.5 years, and they refuse to increase the limit on this card

Wallet: American Express ZYNC, Barclaycard Financing Visa, Capital One No Hassle Cash MC

Sock Drawer: Capital One Platinum, Best Buy Reward Zone MC, GEMB Wal-Mart (Store only), WFN JCrew (Store), First Premier (Only until June when the AF hits again)
Established Contributor
fusioncredit
Posts: 614
Registered: ‎10-23-2011
0

Re: Got Alot of Love From CapOne


mstew wrote:

Thats a huge jump! congrats!

 

Just checked mine, and...nope. I've had the same Cap1 Platinum at a $300 limit for 3.5 years, and they refuse to increase the limit on this card


how are your scores and do you have negative stuff like collections or public records?


Starting Score: EQ 686 10/18/11, TU 689 10/25/11, EX 685 10/11 (Amex Pull)....these are all FICO scores
Current Score: EQ 702 10/24/11, TU 689, EX 685
Goal Score: 750+

Score Update: EQ: 743 (02/03/12) TU: 741 (Walmart 01/11/12), now 761 as of 01/27/12 (Walmart), EX: 741 (Amex 01/04/12)
Take the FICO Fitness Challenge

New Contributor
mstew
Posts: 160
Registered: ‎08-10-2011
0

Re: Got Alot of Love From CapOne

All scores around 675, 1 baddie collection from 2009, paid as agreed. Otherwise, my aaoa is way down from this year and I have a lot of inqs. Otherwise a clean report

Wallet: American Express ZYNC, Barclaycard Financing Visa, Capital One No Hassle Cash MC

Sock Drawer: Capital One Platinum, Best Buy Reward Zone MC, GEMB Wal-Mart (Store only), WFN JCrew (Store), First Premier (Only until June when the AF hits again)

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