topic Re: Capital One CLI initial request timeframe? in Credit Cards

Capital One CLI initial request timeframe?

Ysettle4 — Thu, 22 Oct 2015 21:47:04 GMT

Is it:

A. 60 + 1 day after approval you can request a CLI

B. After 2nd statement + 1 day

I'm thinking the latter because I've had one of my venture cards since Aug 6th but only 1 statement has been cut (due to late usage) and my requests are denied. The denial is never for "account to new" or "not enough usage". It's always "Not enough time has passed to establish payment history".

Just looking for some data points.

Re: Capital One CLI initial request timeframe?

ddemari — Thu, 22 Oct 2015 21:51:42 GMT

some people have all kind of experiences with that question. but for me its always been the standard- 1 CLI every 6 months per card (if im lucky) sometimes it takes a little bit longer.

Re: Capital One CLI initial request timeframe?

Ysettle4 — Thu, 22 Oct 2015 22:03:14 GMT

@ddemari wrote:
some people have all kind of experiences with that question. but for me its always been the standard- 1 CLI every 6 months per card (if im lucky) sometimes it takes a little bit longer.

The normal CLI interval is 6 months but I mean the initial one. I've read is more like 60 days or within 3 statement cycle but would like the comm to chime in

Re: Capital One CLI initial request timeframe?

Anonymous — Thu, 22 Oct 2015 22:57:57 GMT

I recieved a qs1 in august with a $500 cl. I ran a bunch through the card and hit the luv button and recieved a 1k cli to $1500 after the first statement cut.

Re: Capital One CLI initial request timeframe?

CreditCuriosity — Thu, 22 Oct 2015 23:01:58 GMT

It varies for every one.. Haven't been able to get one on my venture or QS that are 3 months old.. Granted I only put 3kish through venture on 20k limit in 3 months and 1k on QS on 10k limit.. I think you need to use them a ton to get a CLI before 6 months.. Some people have luck other such as myself don't. Can't really blame them as I have plenty of credit with them that isnt ulitized.. Still cringes me a bit though

Re: Capital One CLI initial request timeframe?

Ysettle4 — Thu, 22 Oct 2015 23:33:41 GMT

@CreditCuriousity wrote:
It varies for every one.. Haven't been able to get one on my venture or QS that are 3 months old.. Granted I only put 3kish through venture on 20k limit in 3 months and 1k on QS on 10k limit.. I think you need to use them a ton to get a CLI before 6 months.. Some people have luck other such as myself don't. Can't really blame them as I have plenty of credit with them that isnt ulitized.. Still cringes me a bit though

I've met the spend bonus on both ventures but only the ventureone received an early $3K CLI during the 3rd statement cycle. Maybe it's truly a YMMV situation. Ugh

Re: Capital One CLI initial request timeframe?

Anonymous — Thu, 22 Oct 2015 23:35:12 GMT

So far for self initiated requests it's been the 3rd statement otherwise I get the too new message. Then with credit steps the 5th/6th statement got the step increase, it's usually a lot more if you have initiated one yourself earlier and got a big increase then. Then it's been regular, 6 months from the 1st self initiated increase.

issue date was 10/2014 then first request was March 2015 then step increase a few days later in March 2015 then just did another self increase 10/2015.

Re: Capital One CLI initial request timeframe?

Ysettle4 — Thu, 22 Oct 2015 23:37:39 GMT

@tamaralig wrote:
So far for self initiated requests it's been the 3rd statement otherwise I get the too new message. Then with credit steps the 5th/6th statement got the step increase, it's usually a lot more if you have initiated one yourself earlier and got a big increase then. Then it's been regular, 6 months from the 1st self initiated increase.
issue date was 10/2014 then first request was March 2015 then step increase a few days later in March 2015 then just did another self increase 10/2015.
Thanks for the input. Hoping I don;t strick out during it's 3 rd statement cycle.

Re: Capital One CLI initial request timeframe?

Skye12329 — Thu, 22 Oct 2015 23:59:06 GMT

IMO just hit it monthly. It's a SP, worst case scenario they give you a denial. One month they might say no and the next month you could get the congrats message.

Re: Capital One CLI initial request timeframe?

Ysettle4 — Fri, 23 Oct 2015 01:22:13 GMT

@Skye12329 wrote:
IMO just hit it monthly. It's a SP, worst case scenario they give you a denial. One month they might say no and the next month you could get the congrats message.

Maybe daily..

Re: Capital One CLI initial request timeframe?

Skye12329 — Fri, 23 Oct 2015 03:40:29 GMT

@ysettle my mailbox would be full monthly. Could you imagine all those denial letters though.

Re: Capital One CLI initial request timeframe?

Anonymous — Fri, 23 Oct 2015 04:51:38 GMT

Just tried to hit up Cap1 for an increase a few days ago. They gave me a denial saying I couldnt have one cus I just got my steps increase like a month ago. Do I have to wait 6 months from now to ask for another? Or can just ask at random times and see if I get lucky. The last time I got a self initiated increase was June.

Re: Capital One CLI initial request timeframe?

OmarGB9 — Fri, 23 Oct 2015 04:55:19 GMT

Steps CLI resets the clock. I was told the same thing by a rep via chat. Sooo 6 months from your steps CLI. Might get lucky and be granted one earlier, but that would be the exception to the rule.

Re: Capital One CLI initial request timeframe?

Anonymous — Fri, 23 Oct 2015 05:57:56 GMT

Thanks!

Re: Capital One CLI initial request timeframe?

svtthis — Sat, 24 Oct 2015 02:05:04 GMT

Got mine with a starting limit of 15k in july. Ran 6k plus and payed in full every statement that cut. Just asked for a cli at the 3 month mark and got a 3k increase

Re: Capital One CLI initial request timeframe?

Anonymous — Sat, 24 Oct 2015 15:01:34 GMT

Hello Ysettle4,

It is different for everyone and depends on individual credit profile. For myself (I am still building) it was " Not enough time has passed to establish payment history" so I patiently waited used the card a lot, always paid on time. Right at the 6 months mark, I was able to get a bit of an increase, waited another 6 months and received a bit more. I did enjoy not having to call in for CLI's.

hope to have some of the limits that you have soon. : )

Re: Capital One CLI initial request timeframe?

Want-a-better-FICO — Tue, 03 Nov 2015 16:58:28 GMT

I opened Venture card on August 20, 2105 SL of only 5K. I ran 3K through it by mid October for 40K bonus. Started hitting the cli luv button mid October after 2nd statement but only getting $400 increase.

From reading here on the forum, I turned down the small increase and hit the button almost every day. Today being roughly day 74 I hit the button and BOOM!!! There was the 3K cli that I was waiting for. Went from 5K to 8K

Re: Capital One CLI initial request timeframe?

Anonymous — Tue, 03 Nov 2015 17:02:22 GMT

I've read 4 months for first one.

I have not ever seen credit steps CLI resetting the clock? Or am I thinking backwards. I know steps increases disregard the current clock. Didnt think it reset it tho.

Re: Capital One CLI initial request timeframe?

Anonymous — Thu, 05 Nov 2015 22:23:32 GMT

I got my Steps CLI a little over a month ago for my QS. I just clicked the luv button for that card, and received the "wait for a response" message. I assume that this will be a denial. I'm not really bummed, since I was just testing it.

I got my Venture Card at the beginning of Oct, so I'll hit the luv button on it in a couple months, and post my results here.

Re: Capital One CLI initial request timeframe?

Anonymous — Fri, 06 Nov 2015 00:17:38 GMT

I got mine roughly at 75 days, went from $500 to $1500. I wasn't spamming the cli button though so I might could have got it before that.