Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011
Re: Capital One Credit Steps Program

My letter never said anything about every 6 months...it said...

 

"Welcome to Capital One!®Your Welcome Kit informed you of your initial credit limit, but as a Capital One Preferred

cardholder, you have been pre-qualified for an additional $500 to your credit line with Capital One Credit StepsSM. This is
an automatic service for new customers and an easy way to achieve more buying power. Simply follow these two steps:
1. Use your card at least once.
2. Make your first 5 monthly payments on time.
That's it. Just complete these two steps and you could automatically get access to your pre-qualified credit line by your 7
th
statement. That's how easy it is to get the extra power you need to fill up your gas tank, buy groceries, dine out... or just
treat yourself!"

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL