topic Re: Cap One CLI denial reason in Credit Card Applications

Cap One CLI denial reason

kroberts67 — Tue, 06 Jan 2015 21:27:03 GMT

My 6-month mark from the last CLI was 12/31 so I hit that button. My denial reason was something to the effect of "Recent credit line usage too low." How much usage per month do they look for?

Re: Cap One CLI denial reason

1GaDawg85 — Tue, 06 Jan 2015 21:33:56 GMT

20-30% I'm guessing

Re: Cap One CLI denial reason

-Wade- — Tue, 06 Jan 2015 21:40:52 GMT

@kroberts67 wrote:
My 6-month mark from the last CLI was 12/31 so I hit that button. My denial reason was something to the effect of "Recent credit line usage too low." How much usage per month do they look for?

sorry to hear that How much were you using ?

In a way i am glad i don't have a cap 1 card

Re: Cap One CLI denial reason

Anonymous — Wed, 07 Jan 2015 01:58:35 GMT

Send an email to EO you will get a call back

Please use this information for Capital One's Executive Office: Cap 1 EO Contact Info

Re: Cap One CLI denial reason

kdm31091 — Tue, 06 Jan 2015 21:50:16 GMT

You probably need to run up close to the limit and pay it down several times to show them you are really using the account. This is hardly unique to Capital One. There is no reason for a creditor to give you a CLI if you are only using a tiny amount of your limit. Why would they extend you more? I'm not trying to argue or down you, but it has nothing to do with Capital One (although they do tend to be conservative with CLI).

You can try the EO. People report varying successes with it. But if you are barely using the card I don't know what your argument would be unless you tell them you want to lower your util. Maybe they will help you out. In my experience Capital One's EO is helpful but they do take a long time to get a hold of.

If you're dead set on getting a CLI on this card, you need to make it your main spending card and spend close to your limit and then pay it down several times. This will show them that you are using it and using it responsibility. Then you should be able to get a CLI. They won't just give you one because you've had the card x amount of time (except the first 6 months with the credit steps). You have to actually use a card to get an increase. Too many people think that CLI is a given just after a certain amount of time, and it's not.

Re: Cap One CLI denial reason

TRC_WA — Tue, 06 Jan 2015 21:56:42 GMT

You'll never figure out CapOne and their CLI tactics...

My card was at $1500 in June... I asked for a CLI online and got the not enough usage message... which is true... I used it maybe $50 a month and PIF.

I contacted EO thru a Facebook message... they gave me a $500 CLI to $2000.

Fast foward 6 months and I did another CLI online request... it asked me what I expected to spend... I put in $4000.

Approved.... $2000 increase to $4000.... despite the fact I used the card for the same $50 per month every month since the last increase.

I can't explain it...

Re: Cap One CLI denial reason

pizza1 — Tue, 06 Jan 2015 22:03:21 GMT

Cap one is weird. They denied my cli at one year for all the bogus reasons. I was in credit steps, and after that first initial cli after 6 months, that was it, they've denied every time. I use to get really upset, I mean post rants and cry LOL( a few members will remember that), now... I just SD it and use it $30 every few months or so. I refuse to max out a CC month after month in order to get a cli, that's absurd. I just came off a BK7, and I refuse to do anything like max out a CC and show risky behavior to a lender for a cli, screw that. I'll just use it responsibly like I have been( before I running $500-800), now $30 every few months lol.

Re: Cap One CLI denial reason

CreditCuriosity — Tue, 06 Jan 2015 22:07:57 GMT

Yep both of my Cap1 are collecting dust w/exception of a charge every other month.. No love for me, no love for them.. Other options fortunaetly now. To worn out to do EO route for a 1k cli, just not worth it to me.

Re: Cap One CLI denial reason

pizza1 — Tue, 06 Jan 2015 22:16:14 GMT

At Credit.... I know the feeling!! My last attempt was the EO route with no luck at all at the one yr mark. I said screw this... Not worth my time anymore for a $500-$1k cli, don't need it utilization anyways. At this point Barclays has been good to me, and I use the heck out of their card! I show them and my Navy card love

Re: Cap One CLI denial reason

kroberts67 — Tue, 06 Jan 2015 22:28:33 GMT

@kdm31091 wrote:
You probably need to run up close to the limit and pay it down several times to show them you are really using the account. This is hardly unique to Capital One. There is no reason for a creditor to give you a CLI if you are only using a tiny amount of your limit. Why would they extend you more? I'm not trying to argue or down you, but it has nothing to do with Capital One (although they do tend to be conservative with CLI).

You can try the EO. People report varying successes with it. But if you are barely using the card I don't know what your argument would be unless you tell them you want to lower your util. Maybe they will help you out. In my experience Capital One's EO is helpful but they do take a long time to get a hold of.

If you're dead set on getting a CLI on this card, you need to make it your main spending card and spend close to your limit and then pay it down several times. This will show them that you are using it and using it responsibility. Then you should be able to get a CLI. They won't just give you one because you've had the card x amount of time (except the first 6 months with the credit steps). You have to actually use a card to get an increase. Too many people think that CLI is a given just after a certain amount of time, and it's not.

Nah, no biggie, I just wondered. I do use it monthly but nowhere near my limit. They replaced my cards in November after some fraud scare something or other (maybe Home Depot?) which got lost in the mail and so they had to completely change my account, and it took about a month to finally get them and over the holidays I used other cards so over the last 2 months I haven't used the card much. I agree with the logic - I'm not using it, why would I need more? This card has fallen to the wayside unless it's something I don't get 5% on with my others. I just figured I'd get a lowball figure like 500 or 1000 cli.

Re: Cap One CLI denial reason

kroberts67 — Wed, 07 Jan 2015 00:37:51 GMT

@1GaDawg85 wrote:
20-30% I'm guessing

I use it approx 40-49% with the exception of Dec (super low), so I'm guessing they want more than that.

Re: Cap One CLI denial reason

kroberts67 — Wed, 07 Jan 2015 00:42:05 GMT

@-Wade- wrote:
@kroberts67 wrote:
My 6-month mark from the last CLI was 12/31 so I hit that button. My denial reason was something to the effect of "Recent credit line usage too low." How much usage per month do they look for?
sorry to hear that How much were you using ?

In a way i am glad i don't have a cap 1 card

My last 6 mos of statements show usage at 40-49% (one month over 50%), except in Dec when they cancelled my cards and sent new ones which were lost in the mail, so I didn't have a card to use during most of December. Actually the card's been great. Used it for rebuilding and then got a huge cli once my credit was clean and stable. They've been good to me. I don't need it a cli, I'm just surprised I didn't get anything this time around.

Re: Cap One CLI denial reason

Anonymous — Wed, 07 Jan 2015 04:39:52 GMT

@kroberts67 wrote:
My 6-month mark from the last CLI was 12/31 so I hit that button. My denial reason was something to the effect of "Recent credit line usage too low." How much usage per month do they look for?

They told me the same thing for 2 years. I recently jettisoned my capital one card to the trash heap. Good luck to you.

Re: Cap One CLI denial reason

Reighn9 — Wed, 14 Jan 2015 02:11:18 GMT

You are right about that. I got my first card in 2009 with a $500 limit. No 6 month CLI, don't know anything about that. They gave me an auto-CLI in November 2013 of $1000 for a new CL of $1500. I used the card at first a lot but soon got frustrated with the low limit and quit but started again after the CLI. In 2011 they issued me a pre-approved card for $500 that had an auto-CLI at 3 months to $750 and in 2013 it was auto-bumped by $2000 to a $2750 CL. Every time I have called the EO I've been given a lame excuse for why my cards don't move. In December I requested a CLI on the $1500 card and just received card not eligible at this time, no other reason.

@pizza1 wrote:
Cap one is weird.