topic Re: Capital One Savor One Auto CLI in Credit Card Approvals

Capital One Savor One Auto CLI

citymunky — Sun, 18 Feb 2024 02:44:35 GMT

While at work earlier today, I was surprised with a auto CLI of $1k on my Savor One acct. This bumps up my credit limit from $3500 to $4500 which is a nice little win for the day. This comes three months after my last manual CLI request which was denied in Nov23, afterward I moved a lot of my spend to my Fidelity card. Before that I was denied a CL every time I requested one from Jul23-Oct23. The previous CLI from my SL of $500 to $3500 was approved in Apr2023, after the Mar2023 statement date.

DPs:

-Jul 2023. Transactions -$288.33 // Statement Balance $9.99.

(CLI Denied. There has recently been a change to the credit line on this account; Recent use of this account's existing credit line has been too low). Can agree with the denial.

-Aug 2023. Transactions -$641.99 // Statement Balance $15.24

(CLI Denied.There has recently been a change to the credit line on this account; Recent use of this account's existing credit line has been too low). Can agree with the denial.

-Sep 2023. Transactions -$ 1,419.04// Statement Balance $3.07

(CLI Denied.There has recently been a change to the credit line on this account; Recent use of this account's existing credit line has been too low). I didn't agree with denial, and I spend over 40% of availble CL.

-Oct 2023 .Transactions -$1,736.41 // Statement Balance $349.40

(CLI Denied. Recent use of this account's existing credit line has been too low). I didn't agree with denial, and I spend over 49% of availble CL.

-Nov 2023. Transactions -$1,489.50 // Statement Balance $349.00

(CLI Denied. Recent use of this account's existing credit line has been too low). I didn't agree with denial, and I spend over 42% of availble CL.

-Dec 2023. Transactions -$34.09 // Statement Balance $34.09

-Jan 2024. Transactions- $34.98 // Statement Balance $0

-Feb 2024. Transactions- $46.78 // Statement is still open = $1k CLI!

Re: Capital One Savor One Auto CLI

LeChauffeur — Sun, 18 Feb 2024 01:47:53 GMT

Nice work and congratulations. They've given me one CLI ($200) in three years. I've stopped using the card.

Re: Capital One Savor One Auto CLI

TSlop — Sun, 18 Feb 2024 02:05:37 GMT

Congrats on your CLI!

Re: Capital One Savor One Auto CLI

CorpCrMgr1 — Sun, 18 Feb 2024 02:39:14 GMT

Congratulations on your CLI!

Re: Capital One Savor One Auto CLI

Ontherise2020 — Sun, 18 Feb 2024 03:07:10 GMT

Congrats on your Auto CLI! Capital One is very stingy with their CLI's so I'm glad to see you got an Auto one at that.

Re: Capital One Savor One Auto CLI

avp99 — Sun, 18 Feb 2024 11:33:52 GMT

good job and congrats!

Re: Capital One Savor One Auto CLI

Creditwiser — Sun, 18 Feb 2024 12:29:48 GMT

Congrats on your Cap 1 auto CLI !

Re: Capital One Savor One Auto CLI

NoMoreDebt — Sun, 18 Feb 2024 17:00:18 GMT

congrats on the cli

Re: Capital One Savor One Auto CLI

Shooting-For-800 — Mon, 19 Feb 2024 04:16:41 GMT

Cap One gets a bad rap,but they can be a very generous bank.

They grandfathered me in for $0 AF Savor and $59 AF Venture, etc.
Congrats!

Re: Capital One Savor One Auto CLI

Zoostation1 — Mon, 19 Feb 2024 05:41:18 GMT

Congrats on the auto CLI!

Re: Capital One Savor One Auto CLI

nytokyobred79 — Mon, 19 Feb 2024 06:59:35 GMT

Congrats on your auto love.

Re: Capital One Savor One Auto CLI

citymunky — Mon, 19 Feb 2024 12:34:32 GMT

@Shooting-For-800 wrote:
Cap One gets a bad rap,but they can be a very generous bank.
~~They grandfathered me in for $0 AF Savor and $59 AF Venture, etc.~~
Congrats!

Thank You! But I'm not sure if Cap1 could be called a "generous" bank. Their unique approach to risk management/UW leaves many who hold their cards wondering why they can't get a CLI at all or if they do its only for a $100 here or there no matter how much someone's profile can improve.

Re: Capital One Savor One Auto CLI

JoeRockhead — Mon, 19 Feb 2024 13:30:57 GMT

No better surprise than an auto CLI, congratulations and extra kudos being it was from Cap 1!

Re: Capital One Savor One Auto CLI

Shooting-For-800 — Mon, 19 Feb 2024 15:34:28 GMT

@citymunky wrote:
@Shooting-For-800 wrote:
Cap One gets a bad rap,but they can be a very generous bank.
~~They grandfathered me in for $0 AF Savor and $59 AF Venture, etc.~~
Congrats!
Thank You! But I'm not sure if Cap1 could be called a "generous" bank. Their unique approach to risk management/UW leaves many who hold their cards wondering why they can't get a CLI at all or if they do its only for a $100 here or there no matter how much someone's profile can improve.

Well I guess you are entitled to your opinion and I am entitled to mine.

I said that Cap One CAN be generous.

There are tons of people that get a low AF or no AF Cap One unsecured credit card with bad credit; plenty cannot get a card anywhere else without ridiculous fees. Many of these people even burned Cap One in the past.

As I stated, they grandfathered me into two cards that have a total AF of $59 when the current AFs would total $190. Who else grandfathers AFs?

Savor pays for my UberOne membership of $120 per year and pays me 10% cash back on these purchases.

My rebuild started with a $3k QuickSilver card; which was my best card at the time. I got numerous CLIs of up to $9K each due to usage and weekly payments. I opened and closed numerous cards and built up a CapOne total CL of $82k. My last card opened was my Venture and my SL was $30k.

CapOne gave me a car loan for $35k at 2.49% apr for 72 months with no money down.

Yea, I would say CapOne can be a generous bank.

To each their own.

Re: Capital One Savor One Auto CLI

Hoben02 — Mon, 19 Feb 2024 16:15:31 GMT

They doubled my credit limit to 6k after 4 months of using the card didn't even ask for the CLI. Now if I can figure out how to get the cap one venture one instead of the offers for a quicksilver card

Re: Capital One Savor One Auto CLI

citymunky — Mon, 19 Feb 2024 16:57:55 GMT

@Hoben02 wrote:
They doubled my credit limit to 6k after 4 months of using the card didn't even ask for the CLI. Now if I can figure out how to get the cap one venture one instead of the offers for a quicksilver card

(EDIT: I misread venture one for venture X.)

Here is the C1 VX preapproval link--->Capital One Venture X Pre-Approval

Re: Capital One Savor One Auto CLI

gorgon — Mon, 19 Feb 2024 19:12:04 GMT

Nice unexpected CLI. Seems Cap1 has been doing a few of those here lately. I'm hoping to be on the receiving end of one myself lol. Congrats.

Re: Capital One Savor One Auto CLI

TekkenQQ7 — Mon, 19 Feb 2024 20:36:54 GMT

Congratulations!

Re: Capital One Savor One Auto CLI

citymunky — Mon, 19 Feb 2024 21:47:36 GMT

@Shooting-For-800 wrote:
@citymunky wrote:
@Shooting-For-800 wrote:
Cap One gets a bad rap,but they can be a very generous bank.
~~They grandfathered me in for $0 AF Savor and $59 AF Venture, etc.~~
Congrats!
Thank You! But I'm not sure if Cap1 could be called a "generous" bank. Their unique approach to risk management/UW leaves many who hold their cards wondering why they can't get a CLI at all or if they do its only for a $100 here or there no matter how much someone's profile can improve.
I said that Cap One CAN be generous.

You bring up all valid points, but in the end I did miss the word "can"

Re: Capital One Savor One Auto CLI

BigBS — Mon, 26 Feb 2024 02:04:51 GMT

Congrats on the CLI!