topic Finally Some Love Back From Capital One! in Credit Card Approvals

Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 06:22:50 GMT

Hey Guys,

Great news! I finally got a 1K CLI from C1 on my QS card after like a year of trying to get it increased from 3.5K. I kept getting the same denial message "Monthly Spend Too Low". I didn't give up hitting the love button and today I finally got an increase! I wanted to know now for future increases how long should I wait until I try again? I'm still not content with the current limit I want to try to get it somewhere around 6-8K and I will be fine with that for a while.

Any tips would be very much appreciated!!

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 11:40:21 GMT

From what I've read on here Cap One seems to love it when people charge almost up to the limit and pay it off & repeat. There are the type of creditor that likes you to prove to them that you need more CL. If you can do that at least a couple of times, I think you'll be golden for several more increases OR a Venture card with a much higher limit. YMMV

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 14:34:03 GMT

Once every 6 months for request. Exception is new credit steps cards.

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 14:55:03 GMT

Congrats!

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 16:33:55 GMT

Cap One wants to see usage. Their CLIs appear to be in line with how much you run through the card.

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 16:48:19 GMT

Congrats! Yes in my experience as well as many others have said, C1 likes to see HEAVY usage an payoff. It's even in their FAQ for CLIs they want to see you can handle the

payments for a larger CL. Enjoy the increase!

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 16:51:27 GMT

Do they SP or HP for a CLI?

Re: Finally Some Love Back From Capital One!

Anonymous — Fri, 20 Nov 2015 22:39:31 GMT

Awww yeah

Re: Finally Some Love Back From Capital One!

Anonymous — Sat, 21 Nov 2015 01:51:59 GMT

@Anonymous wrote:
Do they SP or HP for a CLI?

They do a SP if you do it through their online CLI tool. But I think it's HP if you call to ask.

Btw thanks for all the tips and Congrats from everyone I did not get any notification about messages as the thread was moved. I like my C1 card because I travel often and the no FTF + the reward structure. But when I'm in the States I just use my Citi DC rather than using my C1 QS. So I think I will just alternate, I dont think the .05 % rewards would be that much of a difference..

What do those do who have both QS and DC? or something equivalent of that nature..

Re: Finally Some Love Back From Capital One!

Anonymous — Sat, 21 Nov 2015 01:53:41 GMT

@Anonymous wrote:
From what I've read on here Cap One seems to love it when people charge almost up to the limit and pay it off & repeat. There are the type of creditor that likes you to prove to them that you need more CL. If you can do that at least a couple of times, I think you'll be golden for several more increases OR a Venture card with a much higher limit. YMMV

Thanks for the tips! Are ventures proven to have higher CL than QS? Would it be better to convert my QS to Venture?

Re: Finally Some Love Back From Capital One!

dcastillo68 — Sat, 21 Nov 2015 02:48:32 GMT

Why not apply for another Capital One Card - Like the Venture card and then wait a few months and then combine them.

My husband had a $4K CL Platinum and Combined it with his $2.7 Venture and now has a $6.7 Venture card. He runs the prequalify tool and now he qualifies for another Capital one Card.

I say you should try that.