topic Re: Capital One CLI req - How Long to Wait between? in Credit Cards

Capital One CLI req - How Long to Wait between?

Repairman — Sun, 22 Feb 2015 00:11:16 GMT

I recently hit the 6 month mark on my Capital One Platinum card in the Credit Steps program and they gave me a nice automatic credit limit increase. A month later, I was granted a product change to a Quicksilver Rewards card. How long, should I wait to request another cli? Would Capital One be open to giving me an increase so soon? Or should I hold off? Any thoughts?

Re: Capital One CLI req - How Long to Wait between?

bigblue7722 — Sun, 22 Feb 2015 00:13:59 GMT

@Repairman wrote:
I recently hit the 6 month mark on my Capital One Platinum card in the Credit Steps program and they gave me a nice automatic credit limit increase. A month later, I was granted a product change to a Quicksilver Rewards card. How long, should I wait to request another cli? Would Capital One be open to giving me an increase so soon? Or should I hold off? Any thoughts?

6 months for CLI with cap one. However, you can try as many times as you like as it is a soft pull on your CR.

Re: Capital One CLI req - How Long to Wait between?

racer-x — Sun, 22 Feb 2015 00:14:18 GMT

Hit it. I've hit it 3 times in a week...denied every time though.

Re: Capital One CLI req - How Long to Wait between?

Repairman — Sun, 22 Feb 2015 00:16:37 GMT

@racer-x wrote:
Hit it. I've hit it 3 times in a week...denied every time though.

And definitely NOT a hard pull, right?

Re: Capital One CLI req - How Long to Wait between?

bigblue7722 — Sun, 22 Feb 2015 00:19:01 GMT

@Repairman wrote:
@racer-x wrote:
Hit it. I've hit it 3 times in a week...denied every time though.
And definitely NOT a hard pull, right?

not a hp lol. I hit it like once a day for the fun of it.

Re: Capital One CLI req - How Long to Wait between?

kdm31091 — Sun, 22 Feb 2015 00:20:00 GMT

It's never a HP, but you are wasting your time if you hit it more than every few months (really, 6 months). It's rare for them to approve CLIs more frequently than that. Extremely rare. Hitting it 3 weeks IMO is overkill. Yes, it's just a SP but it is also a total waste of time...you're not gonna get approved that often.

Anyway, 6 months is a good rule of thumb with them and they won't do a HP. Good luck!

Re: Capital One CLI req - How Long to Wait between?

Repairman — Sun, 22 Feb 2015 00:35:52 GMT

Thanks for the advice!

Re: Capital One CLI req - How Long to Wait between?

Anonymous — Sun, 22 Feb 2015 00:46:15 GMT

@racer-x wrote:
Hit it. I've hit it 3 times in a week...denied every time though.

Five times for me, same result.

Re: Capital One CLI req - How Long to Wait between?

racer-x — Sun, 22 Feb 2015 00:55:19 GMT

I'm hitting it out of spite. lol.

I've never had a CLI via luv button or auto...I had to go through the EO. 5 yr old platinum, $10k CL. I just got the VENTURE with $10k , but cant get a CLI on the plattie.

It's my oldest card for cryin' out loud, a whopping 5yrs.

As stated, they are SPs.

You hit it yet OP?

PS-What's killing me is that they are using a 2 month old score from EQ....My score is 50 pts higher now.

Re: Capital One CLI req - How Long to Wait between?

Anonymous — Sun, 22 Feb 2015 20:18:12 GMT

Hijacking the thread

Last time I requsted a CLI and received a denial letter stating that my equifax score 685 is too low. However my equifax FICO score from Citi is 746. Does cap1 use an older scoring model when evaluating CLI requests? Which one? Do they always pull the same model for new apps and CLI?

Re: Capital One CLI req - How Long to Wait between?

vikingred — Sun, 22 Feb 2015 22:13:11 GMT

I just got my 15k Venture card last week, should I try the luv button, or is it too soon?

Re: Capital One CLI req - How Long to Wait between?

Repairman — Tue, 24 Feb 2015 03:20:08 GMT

@bigblue7722 wrote:
@Repairman wrote:
I recently hit the 6 month mark on my Capital One Platinum card in the Credit Steps program and they gave me a nice automatic credit limit increase. A month later, I was granted a product change to a Quicksilver Rewards card. How long, should I wait to request another cli? Would Capital One be open to giving me an increase so soon? Or should I hold off? Any thoughts?
6 months for CLI with cap one. However, you can try as many times as you like as it is a soft pull on your CR.

Yup. I tried, and yes it was a soft pull, and yes it was denied. And yes, the reason they gave for denial was that I recently received a cli. So I'll try again in about 5 months.

Re: Capital One CLI req - How Long to Wait between?

kdm31091 — Tue, 24 Feb 2015 03:56:48 GMT

@vikingred wrote:
I just got my 15k Venture card last week, should I try the luv button, or is it too soon?

It's too soon and you will appear to be desperately seeking credit. 15k is nice. Just let it be.

The luv button will auto decline you anyway for the account being too new. Generally if it hasn't been 6 months, the button won't work. You can press it as many times as you want, it's a SP, but it will decline you until 6 months in most cases. At the very least, 4 months