topic QS CLI After 3 months in Credit Card Approvals

QS CLI After 3 months

Cashbackjunky — Sun, 23 Apr 2023 19:34:34 GMT

Hey gang!

It's only been 3 months since my last successful CLI on my QS (Went from $8k ---> $8,750 on January 19th). Last night (4/22) I requested an increase, not expecting any luck because I've been under the impression Cap One only allows CLI's every 6 months. To my surprise, I was granted another $6k (went from $8,750 ---> $14,750).

A little background on the card:

Approved for QS back in '17 for $10k SL. I used the card quite a bit, as it was my best flat rate card at the time. CL was increased to $15k in '18.

In 2020 my CL was cut to $5k - I hadn't been running much spend through the card. Maybe a swipe or 2 a month since '19

In 2021 I put ~$500 - $1,000 through the card every month and kept getting the following reason for denial:

"A credit limit increase is currently not available upon request because Capital One is evaluating account activity at assigned credit limits."

I had a 0% APR for 6 month offer that I accepted in January 2022 and put a $3k purchase on the card, to pay down. I paid $500 a month between Jan '22 and July '22 - each month hitting the CLI request button and getting the same exact response quoted above. Finally increased to $8k in July '22.

Between my increase on July 19th and January 19th, I put ~$1k - $2k per month through the card (always PIF) and was only offered an additional $750 to my CL.

Since my last increase on January 19th, I only put ~$1k through the card on my January statement and only $16.70 (Netflix subscription) February and March statement (all of the spend usually on my QS has gone to my new Discover, for the Cashback match).

Just some data points to muddy the waters of Cap One CLI's.

Cheers!

Re: QS CLI After 3 months

Beefy1212 — Sun, 23 Apr 2023 19:49:09 GMT

Congrats getting any cli out of capital one is like getting blood from a stone!

Re: QS CLI After 3 months

fury1995 — Sun, 23 Apr 2023 20:24:26 GMT

Wow congrats! That's a fantastic limit increase!

Well done!

Re: QS CLI After 3 months

nuohlac — Sun, 23 Apr 2023 20:50:12 GMT

Congratulations on your CLI!!!

Re: QS CLI After 3 months

NoMoreDebt — Sun, 23 Apr 2023 21:00:04 GMT

congrats on the cli

Re: QS CLI After 3 months

cashorcharge — Sun, 23 Apr 2023 21:52:48 GMT

Congratulations on your Cap1 Approval!!🎉🥂

Re: QS CLI After 3 months

CreditMagic7 — Sun, 23 Apr 2023 21:53:56 GMT

@Cashbackjunky wrote:
Hey gang!

It's only been 3 months since my last successful CLI on my QS (Went from $8k ---> $8,750 on January 19th). Last night (4/22) I requested an increase, not expecting any luck because I've been under the impression Cap One only allows CLI's every 6 months. To my surprise, I was granted another $6k (went from $8,750 ---> $14,750).

A little background on the card:

Approved for QS back in '17 for $10k SL. I used the card quite a bit, as it was my best flat rate card at the time. CL was increased to $15k in '18.

In 2020 my CL was cut to $5k - I hadn't been running much spend through the card. Maybe a swipe or 2 a month since '19

In 2021 I put ~$500 - $1,000 through the card every month and kept getting the following reason for denial:
"A credit limit increase is currently not available upon request because Capital One is evaluating account activity at assigned credit limits."

I had a 0% APR for 6 month offer that I accepted in January 2022 and put a $3k purchase on the card, to pay down. I paid $500 a month between Jan '22 and July '22 - each month hitting the CLI request button and getting the same exact response quoted above. Finally increased to $8k in July '22.

Between my increase on July 19th and January 19th, I put ~$1k - $2k per month through the card (always PIF) and was only offered an additional $750 to my CL.

Since my last increase on January 19th, I only put ~$1k through the card on my January statement and only $16.70 (Netflix subscription) February and March statement (all of the spend usually on my QS has gone to my new Discover, for the Cashback match).

Just some data points to muddy the waters of Cap One CLI's.

Cheers!

Congratulations on your CLI!

Re: QS CLI After 3 months

Traveler101 — Sun, 23 Apr 2023 23:04:50 GMT

That's great out of cap1. Congratulations 🎊

Re: QS CLI After 3 months

firefox100 — Sun, 23 Apr 2023 23:27:35 GMT

Congratulations on big Capital one credit increase, you must have given Capital one computer system neverous break down way to go.

Re: QS CLI After 3 months

JoeRockhead — Mon, 24 Apr 2023 01:21:51 GMT

Very nice, congratulations on your CLI!

Re: QS CLI After 3 months

Creditwiser — Mon, 24 Apr 2023 01:34:14 GMT

Nice job cracking that nut ! Congrats on a good run of CLI's !

Re: QS CLI After 3 months

CreditAggie — Mon, 24 Apr 2023 02:12:17 GMT

Congratulations on your QS CLI!

Re: QS CLI After 3 months

alextercero — Mon, 24 Apr 2023 03:11:15 GMT

Congrats on the CLI

Re: QS CLI After 3 months

M_Smart007 — Mon, 24 Apr 2023 15:48:04 GMT

Congratulations!

Re: QS CLI After 3 months

shane1978 — Mon, 24 Apr 2023 16:27:45 GMT

Congratulations! I might try myself. Been about months.

Re: QS CLI After 3 months

FireMedic1 — Mon, 24 Apr 2023 19:24:28 GMT

Congrats! Now people can see a non bucket card prime card will move on up the ladder! Nice @Cashbackjunky