topic Re: Is it a HP to ask for a CLI from CAP 1? in Credit Cards

Is it a HP to ask for a CLI from CAP 1?

JMMD — Sat, 23 Jan 2016 18:45:36 GMT

We're 2 months out from applying for a mortgage so I don't want to mess with my CR at all but I'd love to get a CLI from CAP 1. Is it a HP?

Thanks!
Jean

Re: Is it a HP to ask for a CLI from CAP 1?

ojefferyo — Sat, 23 Jan 2016 18:46:45 GMT

@JMMD wrote:
We're 2 months out from applying for a mortgage so I don't want to mess with my CR at all but I'd love to get a CLI from CAP 1. Is it a HP?

Thanks!
Jean

99.99999% a SP, enjoy

Re: Is it a HP to ask for a CLI from CAP 1?

UncleB — Sat, 23 Jan 2016 18:54:46 GMT

It will be a SP, and most likely based on the last time they did a SP.

Some folks have even tried (!) to 'invoke' a HP (due to a significant recent score improvement) but it was still only a (usually dated) SP.

Go for it, there's nothing to lose, and anything it will help your utilization ratio if you're carrying a balance somewhere else. When I got one of my mortgages, my broker actually suggested this as a way to make my application rate better.

Re: Is it a HP to ask for a CLI from CAP 1?

JMMD — Sat, 23 Jan 2016 19:04:24 GMT

@UncleB wrote:
It will be a SP, and most likely based on the last time they did a SP.

Some folks have even tried (!) to 'invoke' a HP (due to a significant recent score improvement) but it was still only a (usually dated) SP.

Go for it, there's nothing to lose, and anything it will help your utilization ratio if you're carrying a balance somewhere else. When I got one of my mortgages, my broker actually suggested this as a way to make my application rate better.

This is what I am hoping. We have high UTI on a few CAP 1 cards. Worried it might effect our mortgage process.

Re: Is it a HP to ask for a CLI from CAP 1?

creditguy — Sat, 23 Jan 2016 19:09:26 GMT

Have you recieved a CLI from Cap One in the past? If so how long? While its a SP and you can in theory ask everyday if you want, there is usually a window between CLI's before they will approve another one, usually six months.

Re: Is it a HP to ask for a CLI from CAP 1?

Anonymous — Sat, 23 Jan 2016 21:43:32 GMT

You can either call or log in online and do it. I did a few months ago on one of my Cap1 cards. They ONLY asked for updated income (Soft Pull if any) and was instantly approved for an additional 1k. If you call you might be able to ask for a certain amount. Good luck!

Re: Is it a HP to ask for a CLI from CAP 1?

JMMD — Sun, 24 Jan 2016 02:14:42 GMT

Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.

Re: Is it a HP to ask for a CLI from CAP 1?

Kenny — Sun, 24 Jan 2016 02:31:00 GMT

@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.

Just make sure it's 6 months from your last successful CLI!

Re: Is it a HP to ask for a CLI from CAP 1?

UncleB — Sun, 24 Jan 2016 04:20:40 GMT

@Kenny wrote:
@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.
Just make sure it's 6 months from your last successful CLI!

If you're unsure of how long it's been, you can call/chat with a CSR and they can tell you when it was.

Re: Is it a HP to ask for a CLI from CAP 1?

JMMD — Sun, 24 Jan 2016 04:33:11 GMT

@UncleB wrote:
@Kenny wrote:
@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.
Just make sure it's 6 months from your last successful CLI!
+1

If you're unsure of how long it's been, you can call/chat with a CSR and they can tell you when it was.

Good to know! I'll call Monday.

Re: Is it a HP to ask for a CLI from CAP 1?

SLO805 — Sun, 24 Jan 2016 04:48:52 GMT

@JMMD wrote:
@UncleB wrote:
@Kenny wrote:
@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.
Just make sure it's 6 months from your last successful CLI!
+1

If you're unsure of how long it's been, you can call/chat with a CSR and they can tell you when it was.
Good to know! I'll call Monday.

i add future CLI request dates to my iPhone calendar for reminders lol. Not going to leave money on the table

Re: Is it a HP to ask for a CLI from CAP 1?

JMMD — Sun, 24 Jan 2016 04:57:45 GMT

@SLO805 wrote:
@JMMD wrote:
@UncleB wrote:
@Kenny wrote:
@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.
Just make sure it's 6 months from your last successful CLI!
+1

If you're unsure of how long it's been, you can call/chat with a CSR and they can tell you when it was.
Good to know! I'll call Monday.
i add future CLI request dates to my iPhone calendar for reminders lol. Not going to leave money on the table

Great idea!! Thanks!

Re: Is it a HP to ask for a CLI from CAP 1?

UncleB — Sun, 24 Jan 2016 05:20:25 GMT

@JMMD wrote:
@SLO805 wrote:
@JMMD wrote:
@UncleB wrote:
@Kenny wrote:
@JMMD wrote:
Thanks everyone. I hit the luv button and no luck. I think my last increase was too soon. Oh well, will try again in 6 months.
Just make sure it's 6 months from your last successful CLI!
+1

If you're unsure of how long it's been, you can call/chat with a CSR and they can tell you when it was.
Good to know! I'll call Monday.
i add future CLI request dates to my iPhone calendar for reminders lol. Not going to leave money on the table
Great idea!! Thanks!

There's another "quick and dirty" method of finding the date, at least if you get documents delivered electronically...

Go to 'Statements and Documents' like you do if you want to look at a statement. On that screen, you'll be on the 'Statement' tab by default, but there is a tab for 'Documents'... click that. There should be an 'Account Change Confirmation' for when you've received credit line increases (if you click the link, it will show the document that was emailed/mailed after you got the CLI).

This is not under 'Message Center' - where you might expect it (or at least I did), it's where the statements are. You'll also see where you've requested CLIs that weren't granted (those are denoted "Credit Limit Increase Request")

Here's a picture of my own, specifically for my QS1 MasterCard (use the drop-down to toggle between different cards)

Hope this helps!