Re: Dad got a Capital One CLI

Viper786 · ‎04-15-2011

So my dad got the Capital One cash rewards (that green card) about 3 or 4 months ago and his starting limit was $2000. He just got an auto CLI of $500 in his last statement.

This makes me angry considering I have had my capital one since 2005 and have never had a late payment on it but it's stuck at $500! Oh well, it has no annual fee and 10.9% APR so I'll leave it sock drawered.

Elcid89 · ‎10-04-2012

IIRC, their $300 / $500 starter cards never go above $500. You have to, again IIRC, close the card and apply for a new one. I don't have a card from them, so I could be wrong about that, but I seem to recall having heard that more than once on here.

FICO scores: 819 (EQ) 815 (EX) 803 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $42k - BMW Ultimate $36k
Chase Sapphire Preferred $42k - Merrill Lynch + Signature $33k - USAA Rate Advantage $20k
NFCU Flagship Signature $33k - USAA Cash Rewards AMEX $20k
Citi Platinum Select / AAdvantage Signature $23k

Viper786 · ‎04-15-2011

It is my oldest card so I don't think i'm going to shut it down anytime soon. I have heard that too. It started at $200 (I was 18 when I got it) and went up to 500 after a couple of months and has been stuck there since.

jnkp2001 · ‎01-04-2012

same here. But mine is stuck at 750. I tried to get a CLI, but was denied and told I'd get an explanation in the mail. called cs and they told me they didn't know why either, No wonder they call it crap!....lol

FICO EQ: 633 8/15/12
lender pulled 11/3/12 EQ 661 TU 650 EX598
credit Karma 674 credit sesame: 663
B/K discharged 2/2006......closed 8/2012

May your limits be high and your balances low!

jnkp2001 · ‎01-04-2012

what is IIRC?

FICO EQ: 633 8/15/12
lender pulled 11/3/12 EQ 661 TU 650 EX598
credit Karma 674 credit sesame: 663
B/K discharged 2/2006......closed 8/2012

May your limits be high and your balances low!

Viper786 · ‎04-15-2011

IIRC = if I recall correct

jsucool76 · ‎12-11-2011

That is a credit steps CLI. He most likely had the card 6 months. All of their subprime cards get an auto CLI after 6 months if you make all of your payments on time.

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart: 1300CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL

clocktick · ‎12-07-2008

Yes, credit steps with the new card. Having the card a while - not likely for sudden CLI. Possible...but not likely at all.

11/30/08 TU 648 EX 672 EQ 656 2011 TU 736 EX 751 EQ 729 5/2012 TU 759 EX 784 EQ 742
Amex Blue/Clear/BCP/Surpass Hhonors/Business Gold - Barclays LLBean - BOA Hawaiian Airx2/Virgin Atlantic - Cap One Cash Rewards - Chase Freedom/United Mileage Plus Explorer/Sapphire Preferred/Ink- Citi Diamond Preferred/Dividend/ Shell/HHHx2/Reserve- Discover More - GEMB Lowes - Macy's

Starting Score: 648
Current Score: 736
Goal Score: 765

Take the FICO Fitness Challenge

LS2982 · ‎04-09-2011

clocktick wrote:
Yes, credit steps with the new card. Having the card a while - not likely for sudden CLI. Possible...but not likely at all.

I agree, very very rere indeed.

Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 684 / EQ FICO 664 / TU08 FICO 687 / TU98 FICO 672 / TU VS 711 6/16/2013

collinsridge · ‎08-26-2012

Do you think Crapital One will ever lift this whole never give a CLI policy? I mean it has to change. They're losing customers because of it! They have to see it.

Discover IT (3/12) $1000, Capital One Cash Rewards MasterCard (8/12) $500, Chase Freedom Visa (11/12) $3000, Citi Simplicity Visa (12/12) $500, Target RedCard $300 (12/12), SunCoast Schools FCU Visa (3/13) $1000, AMEX Green NPSL (6/12)

Current Scores: EQ 701 (Fico), EX 707 (Fico)