topic Re: Cap1 Credit Steps Statement Question in Credit Cards

Cap1 Credit Steps Statement Question

Anonymous — Thu, 17 Sep 2015 18:17:43 GMT

Hi all, credit steps for my cap1 QS1 is coming up on its 6th month mark in 2 days when my statement cuts. Does anyone know if the new limit will be applied before the statement cuts or after? It would be great if it was applied to my account before the statement cuts in order to lower my utilization. I've heard on here some people have gotten the credit steps either right before the statement or right after.

Thanks!

Re: Cap1 Credit Steps Statement Question

OmarGB9 — Thu, 17 Sep 2015 18:19:21 GMT

Typically shortly after.

Re: Cap1 Credit Steps Statement Question

willwar14 — Thu, 17 Sep 2015 18:21:29 GMT

Based on what ive read from posts around here id say after.

Re: Cap1 Credit Steps Statement Question

Anonymous — Thu, 17 Sep 2015 18:30:35 GMT

Mine was the day after.

Re: Cap1 Credit Steps Statement Question

Anonymous — Thu, 17 Sep 2015 18:31:32 GMT

I just looked at my old 6th statement and it looks like the CLI was reported on my statement. So maybe it was before it cut or same day. I know that's the month my credit scores shot up due to my utilization going down. Hopefully it is the same way for you.