Reply
Regular Contributor
MoreRewards
Posts: 370
Registered: ‎09-27-2013

Should I request Cap1 CLI

I read another thread & thought I would request one.
My CL was $300 (what a joke!) Anyway I logged in & now see that I've been given an auto cli but it's still just at $500. Idk when I received this, it must have been within the last 10 days (since I last logged it about 10 days ago & it was still $300).

Should I go ahead & request another or should I wait until next month after I pay again. Havent decided if I will PIF only $66 or if I will pay $33 then $33. I charged $98 on the card & made a $32 payment this month.
Regular Contributor
colinstu
Posts: 158
Registered: ‎06-22-2013

Re: Should I request Cap1 CLI

I think Cap1 likes there to be 6 months between CLIs. I'm not sure if an auto CLI is counted as one compared to one initiated by the card holder.... it might. 

 

If you can PIF the whole thing, do it, not worth the bother of doing two payments. If you really want to CLI... do it after you make the payment and it clears. 

 

What are your scores? Any baddies? Any other cards and what are those limits? 

TU FICO 2/14 737 | EQ FICO 6/13 724 | EX FICO ??? | CS 6/14 747 | CK 4/14 730
Chase Freedom $4,000 | Amex BCE $3,200 | Citi Forward $2,500 | Barclaycard Rewards $2,000 | Capital One Journey $1,250 | Discover IT $500
Want: CapitalOne Quicksilver, SallieMae WMC, US Bank Cash+
Regular Contributor
MoreRewards
Posts: 370
Registered: ‎09-27-2013

Re: Should I request Cap1 CLI

I seen, I'd read people having success with close CLI through luv button & EO. Why I'm curious in my situation.

The only reason I was doing the payments like that is for the CLI which I hoped would be more on this steps card than $200! It said 5 payments. I've only paid 3.
I got the card way back in April & used it once PIF in June, then I used in Aug PIF in Sept, then decided to make a couple changes & pay over the next 3 months (oct, nov, dec) and hope for a good increase Jan/Feb.

I really just don't understand the low $300 starting limit. They gave my brother $500 to start only has student loans as far aa credit history, working PT very low earner, ect then in only a few months his limit jumped to $3500. Makes no sense to me.

Scores EX 715, EQ 733, TU 758
No baddies
Other cards
Chase Slate $0 / $1300
Discover It $0 / $2650 (closed More to open It they moved my More limit to new account)
Citi Diamond Preferred $0 / $2000
FNBO Amex $1300 / $4800 (paying min or lil more won't PIF until my divorce finalizes)
Chase Freedom $904 / 3500 (Plan to make $200 payment this week. Reported balance is $873)
MC from my bank $200 / $1000 (hasn't reported yet)
Wal Mart Discover $80 / $3000 (new account hasn't reported yet)
Sallie Mae MC $0 / $2500 (new account hasn't report yet)
Regular Contributor
MoreRewards
Posts: 370
Registered: ‎09-27-2013

Re: Should I request Cap1 CLI

I'm an AU on a DS More alsom $0 / $500
Not sure how much that matters.
Regular Contributor
colinstu
Posts: 158
Registered: ‎06-22-2013

Re: Should I request Cap1 CLI

Hmm you have some good limits there, util is fairly low / reasonable. 

 

I'd give the CLI button a solid try after you make the payments. I think asking for $500 more after an auto CLI should be an instant approval for you. Give them a call if you're declined. Not sure how much more you should try to ask for... 

 

I was given a $500 CL with them initially and then given an auto $250 CLI after 4 or so months. I pay all my cards in full and 6mo or so after sticking with $750 CL on that card, I asked for $500 more online and was approved instantly to $1250. My card was paid off before I hit the CLI button. 

TU FICO 2/14 737 | EQ FICO 6/13 724 | EX FICO ??? | CS 6/14 747 | CK 4/14 730
Chase Freedom $4,000 | Amex BCE $3,200 | Citi Forward $2,500 | Barclaycard Rewards $2,000 | Capital One Journey $1,250 | Discover IT $500
Want: CapitalOne Quicksilver, SallieMae WMC, US Bank Cash+
Regular Contributor
MoreRewards
Posts: 370
Registered: ‎09-27-2013

Re: Should I request Cap1 CLI

Ok thank you. Will give it a shot after pay off.

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
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+