@SSA_2013 wrote:
The irony to this situation is that a few years ago...Capital One rarely offered credit limit increases at all. In fact, they never had an online button until so many people called their executive offices requesting increases. Once that occurred they started directing people to representatives and their new CLI button. I would be cautious about hitting the button too many times in a week as they may consider it risky behavior/lending and trigger AA.
I'm not sure we have heard any reports of AA from hitting the CLI button with cap 1. There have been many posts of people hitting it all the time and never having AA taken.
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@SSA_2013 wrote:@red259 wrote:
@SSA_2013 wrote:
The irony to this situation is that a few years ago...Capital One rarely offered credit limit increases at all. In fact, they never had an online button until so many people called their executive offices requesting increases. Once that occurred they started directing people to representatives and their new CLI button. I would be cautious about hitting the button too many times in a week as they may consider it risky behavior/lending and trigger AA.I'm not sure we have heard any reports of AA from hitting the CLI button with cap 1. There have been many posts of people hitting it all the time and never having AA taken.
Interesting...I remember multiple threads of Amex triggering FR when users entered multiple tries on their spend checker. One would think all banks would follow similar practices if it one hit the button multiple times in a week. At the very least I would hope it places a fraud alert/lock.
Lenders don't all follow the same policies. Amex is different and if I recall correctly I think the Amex issue was over people using the check spending button where you enter different amounts to see how much you can spend. That is different than a CLI button.
@SSA_2013 wrote:
@red259 wrote:
@SSA_2013 wrote:@red259 wrote:
@SSA_2013 wrote:
The irony to this situation is that a few years ago...Capital One rarely offered credit limit increases at all. In fact, they never had an online button until so many people called their executive offices requesting increases. Once that occurred they started directing people to representatives and their new CLI button. I would be cautious about hitting the button too many times in a week as they may consider it risky behavior/lending and trigger AA.I'm not sure we have heard any reports of AA from hitting the CLI button with cap 1. There have been many posts of people hitting it all the time and never having AA taken.
Interesting...I remember multiple threads of Amex triggering FR when users entered multiple tries on their spend checker. One would think all banks would follow similar practices if it one hit the button multiple times in a week. At the very least I would hope it places a fraud alert/lock.
Lenders don't all follow the same policies. Amex is different and if I recall correctly I think the Amex issue was over people using the check spending button where you enter different amounts to see how much you can spend. That is different than a CLI button.
Although the buttons are different...some would view it as similar purpose. In essence, to extend credit...the difference being AMEX doesn't give you a hard limit on their charge cards (with some exceptions). Here on myfico we care about utilization, scores, etc. In the regular market most look at CLI as available spending similar to AMEX.
Make no mistake about it. Amex charge cards have limits. They just don't tell you what it is. Also, there is a difference between a person clicking a cap 1 button for a CLI and a person checking on amex if their 30k charge will be approved over and over. Most people using the check spending button on amex are using it to see if their charge will go through therefore amex takes that inquiry somewhat seriously if they keep getting asked about it.
I am now curious how Capital One would take multiple requsts of 30K in a week 
@SSA_2013 wrote:I am now curious how Capital One would take multiple requsts of 30K in a week
They would tell you to app for a new card.
Just for data points. I had reached my 6 months date from prior cli and hit the luv button 4 days in a row, and kept getting a denial notice due to recent cli. Then a day later letter I so happen to check my account and saw a 5k increase. So I don't know if I triggered a manual review or just a matter of coincidence of timing for my cli. Lol! Either way, I got want I wanted.
