topic Re: Cap1 is stingy again in Credit Card Applications

Cap1 is stingy again

Peter1142 — Sun, 18 Jan 2015 16:50:47 GMT

They were giving my wife and myself CLI's on request, they gave her a major CLI unrequested, then it just stopped. I have been requesting CLI's online and it says I don't use it enough... I spend about 1/3rd of the limit and PIF every month. Is that really not enough? Meh. I'm tempted to call the EO again. My Discover limit is 5x my Cap1 limit. I bought a home this year and am financing some repair etc related purchases on the Discover and could use a little extra available credit to help my scores.

Re: Cap1 is stingy again

gdale6 — Sun, 18 Jan 2015 20:18:09 GMT

@Peter1142 wrote:
They were giving my wife and myself CLI's on request, they gave her a major CLI unrequested, then it just stopped. I have been requesting CLI's online and it says I don't use it enough... I spend about 1/3rd of the limit and PIF every month. Is that really not enough? Meh. I'm tempted to call the EO again. My Discover limit is 5x my Cap1 limit. I bought a home this year and am financing some repair etc related purchases on the Discover and could use a little extra available credit to help my scores.

I would advise you to apply for a new card from a different bank, if you just bought a home you should be in a prime spot to get just about anything you want. I would contact the EO about this as well. If the card was originally a rebuilder you are not likely to see the large limit you may be after. I have a Cap-1 rebuilder from 2010 that is way under any other CL I have, only reason I keep it around is its 9.9% APR....

Re: Cap1 is stingy again

taxi818 — Sun, 18 Jan 2015 21:24:11 GMT

yes. all of that does not matter to cap one. when it comes. they will give sometimes. sometimes they don't. i have all of those and i don't compare apples to oranges. its not who cap one is. so you can't make them be super prime when they are not. get another card. or just wait it out.

Re: Cap1 is stingy again

Anonymous — Sun, 18 Jan 2015 21:49:01 GMT

When was CapOne NOT Stingy?

Re: Cap1 is stingy again

Chris679 — Sun, 18 Jan 2015 22:08:38 GMT

Cap One is not going to grow with you, that's not who they are.

Re: Cap1 is stingy again

Burned2manybridgesB4 — Sun, 18 Jan 2015 22:17:29 GMT

@Anonymous wrote:
When was CapOne NOT Stingy?

Damn it. Beat me to it.

Re: Cap1 is stingy again

daybreakgonesXe — Sun, 18 Jan 2015 22:19:50 GMT

@gdale6 wrote:
@Peter1142 wrote:
They were giving my wife and myself CLI's on request, they gave her a major CLI unrequested, then it just stopped. I have been requesting CLI's online and it says I don't use it enough... I spend about 1/3rd of the limit and PIF every month. Is that really not enough? Meh. I'm tempted to call the EO again. My Discover limit is 5x my Cap1 limit. I bought a home this year and am financing some repair etc related purchases on the Discover and could use a little extra available credit to help my scores.
I would advise you to apply for a new card from a different bank, if you just bought a home you should be in a prime spot to get just about anything you want. I would contact the EO about this as well. If the card was originally a rebuilder you are not likely to see the large limit you may be after. I have a Cap-1 rebuilder from 2010 that is way under any other CL I have, only reason I keep it around is its 9.9% APR....

+1 not to mention you can probably find a nice rewards card with a bit of a 0% APR float

Re: Cap1 is stingy again

Peter1142 — Sun, 18 Jan 2015 22:34:31 GMT

I was going to apply for a Slate (already preapproved) to BT the home repair balance from the Discover when the intro APR runs out.

Re: Cap1 is stingy again

Anonymous — Mon, 19 Jan 2015 10:43:02 GMT

@Peter1142 wrote:
I was going to apply for a Slate (already preapproved) to BT the home repair balance from the Discover when the intro APR runs out.

Yep, do it now before Slate goes out the window.

Re: Cap1 is stingy again

Peter1142 — Mon, 19 Jan 2015 17:40:00 GMT

Slate is going out the window? I was going to wait another 4 months, I still have time.

Re: Cap1 is stingy again

CaSHMeRe — Tue, 20 Jan 2015 01:28:39 GMT

Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet

Re: Cap1 is stingy again

NRB525 — Tue, 20 Jan 2015 03:03:24 GMT

@CaSHMeRe wrote:
Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet

Congratulations on the limit! What is your credit profile?

Re: Cap1 is stingy again

CaSHMeRe — Tue, 20 Jan 2015 05:13:39 GMT

@NRB525 wrote:
@CaSHMeRe wrote:
Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet
Congratulations on the limit! What is your credit profile?

I need to add a sig Sorry for not posting this earlier. I tend to lurk most of the time unless I get adventorous and decide to post.

Most recent pulls put all 3 CR's in the 790-810 range. I make a high 6 figure salary, and this would be my 3rd CC at or above $20K Just 4-5 years ago ... I sat at about 525 - 550.

Re: Cap1 is stingy again

Anonymous — Tue, 20 Jan 2015 05:15:53 GMT

@CaSHMeRe wrote:
@NRB525 wrote:
@CaSHMeRe wrote:
Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet
Congratulations on the limit! What is your credit profile?
I need to add a sig Sorry for not posting this earlier. I tend to lurk most of the time unless I get adventorous and decide to post.

Most recent pulls put all 3 CR's in the 790-810 range. I make a high 6 figure salary, and this would be my 3rd CC at or above $20K Just 4-5 years ago ... I sat at about 525 - 550.

I need to get around to apping for a Venture for signup bonus once my EQ catches up to my TU. Should be an easy 10K approval with my CapOne reported income.

Re: Cap1 is stingy again

CaSHMeRe — Tue, 20 Jan 2015 05:28:21 GMT

@Anonymous wrote:
@CaSHMeRe wrote:
@NRB525 wrote:
@CaSHMeRe wrote:
Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet
Congratulations on the limit! What is your credit profile?
I need to add a sig Sorry for not posting this earlier. I tend to lurk most of the time unless I get adventorous and decide to post.

Most recent pulls put all 3 CR's in the 790-810 range. I make a high 6 figure salary, and this would be my 3rd CC at or above $20K Just 4-5 years ago ... I sat at about 525 - 550.
I need to get around to apping for a Venture for signup bonus once my EQ catches up to my TU. Should be an easy 10K approval with my CapOne reported income.

I've been an AMEX fanboy ever since I got my first approval which backdated to an old company card from 2007. Every CL I open with them backdates, which has certainly helped my CR in the long run. It was a toss up today between the Citi DC, CapOne QS, and that 140k Bonus on the Ritz. Ended up going the safe route and was pleasantly surprised, considering I defaulted on a CapOne $500/limit CC when I was 18 years old. For reference, I am now in my early 30's. May hop on the wagon Venture wagon too

Re: Cap1 is stingy again

Anonymous — Tue, 20 Jan 2015 05:33:49 GMT

@CaSHMeRe wrote:
@Anonymous wrote:
@CaSHMeRe wrote:
@NRB525 wrote:
@CaSHMeRe wrote:
Cap1 wasn't stingy with me. Just app'd for the QS and got a $20k limit. I'd do what other suggest and app with another bank/lender. I'd suggest AMEX if you don't have one yet
Congratulations on the limit! What is your credit profile?
I need to add a sig Sorry for not posting this earlier. I tend to lurk most of the time unless I get adventorous and decide to post.

Most recent pulls put all 3 CR's in the 790-810 range. I make a high 6 figure salary, and this would be my 3rd CC at or above $20K Just 4-5 years ago ... I sat at about 525 - 550.
I need to get around to apping for a Venture for signup bonus once my EQ catches up to my TU. Should be an easy 10K approval with my CapOne reported income.
I've been an AMEX fanboy ever since I got my first approval which backdated to an old company card from 2007. Every CL I open with them backdates, which has certainly helped my CR in the long run. It was a toss up today between the Citi DC, CapOne QS, and that 140k Bonus on the Ritz. Ended up going the safe route and was pleasantly surprised, considering I defaulted on a CapOne $500/limit CC when I was 18 years old. For reference, I am now in my early 30's. May hop on the wagon Venture wagon too

That Ritz-Carlton is a great card and the 140K bonus makes it very sweet.

Re: Cap1 is stingy again

CaSHMeRe — Tue, 20 Jan 2015 05:38:59 GMT

@Anonymous wrote:

That Ritz-Carlton is a great card and the 140K bonus makes it very sweet.

From the thread I've been reading ~ It does seem awesome. Its hard for me to justify however, when we travel little to none at all. I make great money, but with that $$$ comes high sacrifices which includes vacation and time spent with family. Hoping those circumstances change in the next few years while I'm on the path to FI (Financial Independence) ...