topic Re: Cap One Plat CLI Under Review in Credit Card Applications

Cap One Plat CLI Under Review

Anonymous — Mon, 13 Aug 2018 21:37:41 GMT

2 questions in the land of Cap One....

Looking for some insight/advice on a Cap One Plat CLI I initated late last week. Got the dreaded "under review", ugh... Is there any value - is it even possible - to calling in and trying to "nudge it along", or is this only a wait-and-see type of thing? Checked my online account today and the CL is the same.

THEN, to perhaps add insult to injury, I clicked on the Cap One upgrade link (that I got from here in the forum, which totally rocks!) over the weekend and saw the QS tee'd up waiting for me, smh... Haven't taken action on that yet, thinking that might negatively impact the CLI? Anyway, obviously wish I had found the link to the upgrade prior to requesting the CLI. Given that I have a CLI in process, should I wait to PC?

Re: Cap One Plat CLI Under Review

CreditCuriosity — Mon, 13 Aug 2018 23:02:41 GMT

under review cli for cap1 = denied. try again in a few months. best of luck

Re: Cap One Plat CLI Under Review

FireMedic1 — Mon, 13 Aug 2018 23:12:43 GMT

I'd go for the upgrade. Least you'd get 1.5% cash back rather than nothing. If it goes thru. As CC said, wait it out and try again.

Re: Cap One Plat CLI Under Review

Anonymous — Mon, 13 Aug 2018 23:43:51 GMT

Crap...oh well, I gues it is what it is... Thanks CC and FM1.

FM1 - you recommend going for the upgrade right now, or waiting on that as well?

Re: Cap One Plat CLI Under Review

Brian_Earl_Spilner — Tue, 14 Aug 2018 00:08:01 GMT

Wait until the cli has run its course. Cap1 seems to have issues when trying to do 2 things at once. Also, you might want to call in for the upgrade. You can pc to something not listed. The savor isn't showing up through the link At all.

Re: Cap One Plat CLI Under Review

FireMedic1 — Tue, 14 Aug 2018 00:18:05 GMT

If it's on the upgrade page. Go for it. There's no HP. Been there done that.

Re: Cap One Plat CLI Under Review

Anonymous — Wed, 15 Aug 2018 16:41:10 GMT

@FireMedic1 wrote:
If it's on the upgrade page. Go for it. There's no HP. Been there done that.

Thanks FM1 - took your advice and got the upgrade to QS, piece of cake Thanks!

UPDATE: Unforutnately, no CLI. I thought part of this may have been my own fault, as it was Feb 2018 that I got my first and most recent CLI, from $2000 to $2,500. Tried for an increase in June - not being aware of the 6 month cycle with Cap One (rookie mistake) - and of course was declined, with the reason being "There has recently been a change to the credit line on this account". Ok, no prob... In going for this CLI, I felt I was beyond the 6 months timing (as I look back, I might've been right on the cusp, I may actually have cut it too close).

I finally got an online message yesterday stating: "A credit limit increase is not currently available upon request because Capital One is evaluating account activity at assigned credit limits". Can anyone interpret, LOL?? Does that mean they feel I'm not using the Plat (now QS) enough? I do keep a low balance on this one, and bal is currently at $0 (QS1 gets far more usage). OR, are they being nice with this verbiage but it's really just a flat out decline? But if that's the case, they haven't stated any reason why, like too many inqs or too many new accounts.. They haven't stated any of that.

Thoughts anyone?

Would a call to recon help at all?

Re: Cap One Plat CLI Under Review

FinStar — Wed, 15 Aug 2018 17:06:52 GMT

As @CreditCuriosity pointed out, the message was likely to yield a decline outcome. No harm, no foul, plus at least it was a SP.

Unfortunately, a call or email for reconsideration will be met with disappointment OP. They are likely to reply back and let you know to try again in the future. Their systems do not provide the flexibility to override the declined CLI decision, not like in previous years.

At best, enjoy the upgrade and entertain the CLI request down the road.

Re: Cap One Plat CLI Under Review

Anonymous — Wed, 15 Aug 2018 17:19:27 GMT

Thanks for the support, FinStar - I agree, no harm, no foul, SP....gives me time to let things cool off, reduce utilization (currently at an overall 13%), etc. etc. I do plan on enjoying the new QS.

Addional new news I plan to report in a separate post....decent results from a mini app spree!

Re: Cap One Plat CLI Under Review

FireMedic1 — Wed, 15 Aug 2018 23:37:56 GMT

Congrats! Didnt know you already had a QS1. So yes use it more for that CLI after 6 months from your last. I started the same way out of BK. Plat to QS. QS1. Then cold apped QS. Combined Plat to QS. Got Venture and combined QS1 to Venture. So long rebuilders. YMMV. That was back in 2016 when they were a lot less stingy.

Re: Cap One Plat CLI Under Review

Anonymous — Thu, 16 Aug 2018 00:38:30 GMT

@FireMedic1 wrote:
Congrats! Didnt know you already had a QS1. So yes use it more for that CLI after 6 months from your last. I started the same way out of BK. Plat to QS. QS1. Then cold apped QS. Combined Plat to QS. Got Venture and combined QS1 to Venture. So long rebuilders. YMMV. That was back in 2016 when they were a lot less stingy.

Thanks, and sounds like good advice on the QS1. What a great story you have. following the BK...rebulidng nicely, nice scores. Nice portfolio. So, you indicate you did the PC from Plat to QS. You also had a QS1, and THEN you cold apped QS?

Is Cap One pretty easy-going on the CL combines?

Re: Cap One Plat CLI Under Review

FireMedic1 — Thu, 16 Aug 2018 08:21:41 GMT

@Anonymous wrote:
@FireMedic1 wrote:
Congrats! Didnt know you already had a QS1. So yes use it more for that CLI after 6 months from your last. I started the same way out of BK. Plat to QS. QS1. Then cold apped QS. Combined Plat to QS. Got Venture and combined QS1 to Venture. So long rebuilders. YMMV. That was back in 2016 when they were a lot less stingy.
Thanks, and sounds like good advice on the QS1. What a great story you have. following the BK...rebulidng nicely, nice scores. Nice portfolio. So, you indicate you did the PC from Plat to QS. You also had a QS1, and THEN you cold apped QS?

Is Cap One pretty easy-going on the CL combines?

Yep. The combos were simple. Each cold app after building with the starter cards. Interest went down and starting CL's went up. After they were combined. Then came Venture and Savor when it came out.. Started at 2k with the Plat and now have 36k with the 3 cards from C1.

Re: Cap One Plat CLI Under Review

Anonymous — Thu, 16 Aug 2018 13:13:42 GMT

Very cool - thanks!