topic Re: Cap One Credit Limit Increase in Credit Card Approvals

Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 18:13:53 GMT

Earlier today I posted a question about cli on my two Cap One cards. After reading the responses I decided to try for the increases. The first card got a response of (thank you you'll receive a letter yada, yada, yada). The second card received a $1000 increase so that makes $1500. I'll try the first card again in a few months. I wonder if I will still get an increase at the end of the steps program..... Thankful for the increase.

Re: Cap One Credit Limit Increase

uswala — Tue, 17 Feb 2015 18:31:42 GMT

Congrats!

Re: Cap One Credit Limit Increase

teo77777 — Tue, 17 Feb 2015 18:36:49 GMT

I'd like to know the answer to that one too! I got a QS1 card 4 months ago with a starting limit of 3000. Got an email about that card 2 months ago stating it was indeed in credit steps, and after 5 timely payments it would go to 3500, a 500 increase. I pushed the luv button this morning, and received a 3000 increase to a 6000 limit. Don't really care about the promised 500 at this point, but will post in 2 months to tell how it goes.

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 18:52:31 GMT

Just did the same thing after reading your thread. Got a bump from 1500 to 2500 on my QS. Soft pull!

Ive never tried because I've always heard stories about how reluctant Cap One is to offer CLIs outside of the credit steps program.

Thanks!

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 19:00:05 GMT

I've found, on our two Cap1 cards, that if I wait a full 6 months after the previous increase (started after credit steps finished); we get a CLI every time. Each time, the offered increase has been the same, or larger, than the previous increase... so far.

That's per card. So card 1 gets a request in March & September. Then card 2 gets requests in May & November. Like clockwork since March 2013.

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 18:59:57 GMT

@Anonymous wrote:
I've found, on our two Cap1 cards, that if I wait a full 6 months after the previous increase (started after credit steps finished); we get a CLI every time. Each time, the offered increase is larger than the previous increase... so far.

Good advice I will keep in mind. This is from you submitting a request on the website?

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 19:19:19 GMT

Congrats on the luv.

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 19:23:44 GMT

Congrats.

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 19:27:19 GMT

Congrats

Re: Cap One Credit Limit Increase

Anonymous — Tue, 17 Feb 2015 19:28:01 GMT

@Anonymous wrote:
@Anonymous wrote:
I've found, on our two Cap1 cards, that if I wait a full 6 months after the previous increase (started after credit steps finished); we get a CLI every time. Each time, the offered increase is larger than the previous increase... so far.
Good advice I will keep in mind. This is from you submitting a request on the website?

Yup. I track the date, so I'm sure I'm at the 6 month mark. Even a couple of days early can result in a denial.

Re: Cap One Credit Limit Increase

b_diddy — Tue, 17 Feb 2015 19:33:33 GMT

Congrats! It looks like all previous Cap1 behavior has been stood on its head. :-)

Re: Cap One Credit Limit Increase

Anonymous — Wed, 18 Feb 2015 04:23:27 GMT

Congratulations!

Re: Cap One Credit Limit Increase

Anonymous — Wed, 18 Feb 2015 15:29:21 GMT

@Anonymous wrote:
Earlier today I posted a question about cli on my two Cap One cards. After reading the responses I decided to try for the increases. The first card got a response of (thank you you'll receive a letter yada, yada, yada). The second card received a $1000 increase so that makes $1500. I'll try the first card again in a few months. I wonder if I will still get an increase at the end of the steps program..... Thankful for the increase.

My QS 1 is enrolled in Credit Steps, but for whatever reason, my Platinum wasn't. I tried for an increase this past Sat. on the Plat and got bumped to 1500 (from 500). This morning, I logged in to link my Venture that finally arrived yesterday, and saw that the Plat is up to 2000. Another 500 increase in 4 days! The sixth statement just cut, maybe that's why. So, yeah, I'm thinking the CS CLI will happen