Established Contributor
shakalaka
Posts: 547
Registered: ‎09-10-2012
Re: Capital One Credit Steps Program

jsucool76 wrote:

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!"


Yeah, fill up a SUV will soon not be any more possible, with the minimal CLI once receive ... :smileyvery-happy: In Germany (where I am from), a $200 increase would be barely enought for 25 Gallons ...

 

My letter said the same

 


Amex Platinum (NPSL) | Amex BCE (33,400) | Chase Sapphire Preferred (17,400) | Discover IT (12,700) | Chase Freedom (4,800) | Walmart (4,500) | CapOne (1,500) | Alliant CU Visa | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 748 (4/30) EQ 730 (4/26) EX 748 (12/5)