topic Re: 2 quick questions - Capital One in Credit Card Applications

2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 05:22:26 GMT

Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?

Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks

Re: 2 quick questions - Capital One

FinStar — Sat, 12 Feb 2022 05:27:08 GMT

@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks

If your card was not enrolled or approved under the Credit Steps program, then no it won't automatically receive a CLI. You'd likely have to submit a request for it in the event you don't see one in the next couple of weeks. FWIW, it appears the Credit Steps program is no longer around.

As far as the Walmart Card, you can gauge the odds by using the pre-qualification tool. Keep in mind, depending on your overall profile and eligibility, you may be offered the store card if they can't approve you for the MC version.

Re: 2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 05:29:28 GMT

Thank you for the info . The store card would work .but Mc was be better

Re: 2 quick questions - Capital One

SoCalGardener — Sat, 12 Feb 2022 20:45:38 GMT

@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks

I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!

Re: 2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 20:51:40 GMT

Yes sir thanks for the info .I've been dealing with them on and off since 1992 their the most conservative bank I've ever dealt with .I've always got 200 increase on the 6th statement .I just wondered what happened to the credit step program . I'd like to get a few card that at least don't have 100.00 annual fees and 6.95 monthly fees even if it's smaller limit cards .thanks

Re: 2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 21:28:18 GMT

co platinum secured is my 1st card, last april, and got 200 auto increase from 500 like 2 months ago? used it regularly always paid early before due date. 700(eq) 704(ex) 725(tu)

hoping i can product change it to venture one some time later when it graduates to unsecured, if it's possible. called about it and he couldn't approve then, dunno when.

Re: 2 quick questions - Capital One

Drifter73 — Sat, 12 Feb 2022 23:31:18 GMT

@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks

The Capital One Walmart MC was my first card after an auto loan since my file was cleaned completely and I started over, with no credit history.

I received an automatic $250 cli after 6 mo.s of ontime payments using 30% to 75% of the $500 sl each month and pif (paid in full).

I then called after the auto cli requesting a higher limit and was declined. Reasons: too soon since last increase / account is on an automated system.

Hopefully the automated increases stay consistent. Guess I'll have to wait and see.

That's my experience with the C1 Walmart MC you seek, so far.

If you need other options that don't do a hp and grow every 6 months. The Petal 1 card did a sp with a sl of $500, but required to be linked to an account via plaid.

I'm due for an auto cli next month with that one. There's no rewards or bonuses, but it helps with Utilization. I have my streaming app subscriptions on it.

Re: 2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 22:39:33 GMT

@Drifter73 wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
The Capital One Walmart MC was my first card after an auto loan since my file was cleaned completely and I stated over, with no credit history.

I received an automatic $250 cli after 6 mo.s of ontime payments using 30% to 75% of the $500 sl each month and pif (paid in full).

I then called after the auto cli requesting a higher limit and was declined. Reasons: too soon since last increase / account us on sn automated system.

Hopefully the automated increases stay consistent. Guess I'll have to wait and see.

That's my experience with the C1 Walmart MC you seek, so far.

If you need other options that don't do a hp and grow every 6 months. The Petal 1 card did a sp with a sl of $500, but required to be linked to an account via plaid.

I'm due for an auto cli next month with that one. There's no rewards or bonuses, but it helps with Utilization. I have my streaming app subscriptions on it.

I've tried petal several times always denied .thanks

Re: 2 quick questions - Capital One

Anonymalous — Sat, 12 Feb 2022 22:57:55 GMT

@FinStar wrote:
If your card was not enrolled or approved under the Credit Steps program, then no it won't automatically receive a CLI. You'd likely have to submit a request for it in the event you don't see one in the next couple of weeks. FWIW, it appears the Credit Steps program is no longer around.

There was no mention of Credit Steps anywhere I could find on Capital One's website when I applied for my Platinum, last May. A lot of people talked about it, including some people who were enrolled in the program in 2020, but I'm pretty sure it was dead and gone by the time I applied. It had been replaced by this simple statement on the card page: "Automatic Credit Line Reviews: Be automatically considered for a higher credit line in as little as 6 months."

@Anonymous, don't get your hopes up. I requested a CLI in December, and was shot down, even though I had gone from unscoreable to (FICO 8) scores in the mid 700s. I was able to use the upgrade link to change it to a Quicksilver, but it's still stuck at the $300 SL... even though I now have a second card, with credit limit more than 50 times higher.

Re: 2 quick questions - Capital One

Anonymous — Sat, 12 Feb 2022 22:57:29 GMT

Thanks if they give one fine if not that's OK too at this time

Re: 2 quick questions - Capital One

Steveo777 — Sun, 13 Feb 2022 00:28:20 GMT

Right after BK discharge, a couple days later, I went to Cap One prequal and was offered a Platinum or a QS1. I chose QS1 and was instantly approved for $3. Here is the answer to the six month question re: the WM Mastercard. I apped for that one about a month after I got approved for the QS1 and got an immediate approval, but only for $1k. The point here is I don't think you have to wait six months to app for the WM card.

Re: 2 quick questions - Capital One

Anonymous — Sun, 13 Feb 2022 01:55:51 GMT

@Steveo777 wrote:
Right after BK discharge, a couple days later, I went to Cap One prequal and was offered a Platinum or a QS1. I chose QS1 and was instantly approved for $3. Here is the answer to the six month question re: the WM Mastercard. I apped for that one about a month after I got approved for the QS1 and got an immediate approval, but only for $1k. The point here is I don't think you have to wait six months to app for the WM card.

Thanks for the info .I've been checking the Walmart pre approval page no luck .when they sent the turn down letter it shows ex fico 3 which is terrible currently 509 so I guess it will be a while

Re: 2 quick questions - Capital One

SouthernCredit — Mon, 14 Feb 2022 06:12:52 GMT

@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!

If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.

Re: 2 quick questions - Capital One

FinStar — Mon, 14 Feb 2022 06:49:36 GMT

@SouthernCredit wrote:
@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!
If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.

@SouthernCredit - Capital One does not combine limits and/or accounts. They haven't done so in several years. At one point that used to be a feature, but it has been discontinued.

Re: 2 quick questions - Capital One

SouthernCredit — Mon, 14 Feb 2022 06:52:14 GMT

@FinStar wrote:
@SouthernCredit wrote:
@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!
If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.
@SouthernCredit - Capital One does not combine limits and/or accounts. They haven't done so in several years. At one point that used to be a feature, but it has been discontinued.

@FinStar I wasn't aware they discontinued that. My Venture One is where it is now from account combinations, and it wasn't that long ago (less than 2 years).

Re: 2 quick questions - Capital One

FinStar — Mon, 14 Feb 2022 06:57:21 GMT

@SouthernCredit wrote:
@FinStar wrote:
@SouthernCredit wrote:
@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!
If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.
@SouthernCredit - Capital One does not combine limits and/or accounts. They haven't done so in several years. At one point that used to be a feature, but it has been discontinued.
@FinStar I wasn't aware they discontinued that. My Venture One is where it is now from account combinations, and it wasn't that long ago (less than 2 years).

The practice/feature ended in February 2019.

Re: 2 quick questions - Capital One

SouthernCredit — Mon, 14 Feb 2022 07:10:17 GMT

@FinStar wrote:
@SouthernCredit wrote:
@FinStar wrote:
@SouthernCredit wrote:
@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!
If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.
@SouthernCredit - Capital One does not combine limits and/or accounts. They haven't done so in several years. At one point that used to be a feature, but it has been discontinued.
@FinStar I wasn't aware they discontinued that. My Venture One is where it is now from account combinations, and it wasn't that long ago (less than 2 years).
The practice/feature ended in February 2019.

While I am not disputing what you're saying, I did combine my QS1 and Venture 1 May 2019. I'm sorry to hear they've discontinued that practice. It was useful for combining bucketed cards.

Re: 2 quick questions - Capital One

FinStar — Mon, 14 Feb 2022 07:19:49 GMT

@SouthernCredit wrote:
@FinStar wrote:
@SouthernCredit wrote:
@FinStar wrote:
@SouthernCredit wrote:
@SoCalGardener wrote:
@Anonymous wrote:
Cap 1 card is 10 days from 6 months old .when I got it it didn't mention credit steps like in the past .do you still get a small cli automatically with them?
Also they use to approve a 2nd card after 6 months .I'd love a Walmart Mc even if the limit was small I hear they can grow reasonably. Thanks
I don't know anything about 'credit steps,' but just wanted to point out that getting CLIs from Cap1 in general is like pulling teeth! Look around these boards and you'll see plenty of comments/complaints about that.

Personally, I have three cards with them (two Quicksilvers and Walmart Rewards), and haven't had a CLI in years. I mean YEARS. I'm getting ready to close at least one of the QS cards because of this--their limits are very low (for me), at $4,000 and $4,500--I don't use them much because, with such low limits, any real use (like for a refrigerator) would push their utilization rate WAY UP. My WM MC's limit has been stuck at $10,000 since Cap1 acquired it 3 years ago. Every CLI request on each card has been denied for one dumb reason or another. So just a heads-up that getting a card from Cap1 is one thing, ever seeing its limit grow is quite another!
If you have 2 QS cards, you should be able to combine them into one with a better limit rather than just closing one. Keeps UTIL the same.
@SouthernCredit - Capital One does not combine limits and/or accounts. They haven't done so in several years. At one point that used to be a feature, but it has been discontinued.
@FinStar I wasn't aware they discontinued that. My Venture One is where it is now from account combinations, and it wasn't that long ago (less than 2 years).
The practice/feature ended in February 2019.
While I am not disputing what you're saying, I did combine my QS1 and Venture 1 May 2019. I'm sorry to hear they've discontinued that practice. It was useful for combining bucketed cards.

It was great while it lasted. Maybe at some point in the future, they'll bring it back. But, it's anyone's guess if they ever will. I was able to combine some of mine into one when the feature was still available.