topic Re: Turned down a Cap1 $K increase...feeling indifferent in Credit Cards

Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Tue, 05 Apr 2016 22:06:08 GMT

Sooo...last week, I asked for a CLI from Cap1 and they offered $200. I felt pretty good about turning that one down after the forums reassurance. Today, I requested another just to see what would happen and they offered a $1000 CLI. I turned that one down as well, as I am hoping that once my new credit limits update on my Sync cards ($30K total increases), they may be more giving. Thats my logic anyway. Any thoughts? Was that a bad idea or am I standing my ground with good reason?

Re: Turned down a Cap1 $K increase...feeling indifferent

Anonymous — Tue, 05 Apr 2016 22:53:01 GMT

I dunno. 1,000 bucks isn't something to sneeze at. Folks around here were thrilled when Discover started throwing out increases like that, even before they continued doing it. However, if you're feeling indifferent, then maybe there's a reason why. Wait it out and see what happens. That grand will still be there, provided you continue doing what you're doing

Re: Turned down a Cap1 $K increase...feeling indifferent

Broke_Triathlete — Tue, 05 Apr 2016 22:58:16 GMT

That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Tue, 05 Apr 2016 23:12:27 GMT

@Anonymous wrote:
I dunno. 1,000 bucks isn't something to sneeze at. Folks around here were thrilled when Discover started throwing out increases like that, even before they continued doing it. However, if you're feeling indifferent, then maybe there's a reason why. Wait it out and see what happens. That grand will still be there, provided you continue doing what you're doing

I was thinking that...I was like, aww man I should have taken that!!! Lol. I'll wait it out and try again first of May once everything updates. And I was wondering if it would still be there. I was thinking that it may increase again, since in less than 7 days, they went from $200 to $1000. 6 months is a long time to sit on a $1K increase if I could get more.

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Tue, 05 Apr 2016 23:16:12 GMT

@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?

Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.

Re: Turned down a Cap1 $K increase...feeling indifferent

Anonymous — Tue, 05 Apr 2016 23:39:58 GMT

That's a good offer, I probably would have taken it.

Re: Turned down a Cap1 $K increase...feeling indifferent

Anonymous — Tue, 05 Apr 2016 23:44:46 GMT

I would've taken it in a heartbeat because of my thinner file but you know what's best for you. Wait it out until after all your Synchrony limits are reported and see how it goes from there.

Re: Turned down a Cap1 $K increase...feeling indifferent

Anonymous — Tue, 05 Apr 2016 23:46:07 GMT

Yeah, $1,000 is not too shabby even if it might be a small percentage of your limit. Personally, Capital One hasn't given me jack so I would've taken anything haha. I think I've been denied for 9 CLI requests.

Re: Turned down a Cap1 $K increase...feeling indifferent

Broke_Triathlete — Tue, 05 Apr 2016 23:56:35 GMT

@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.

I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Tue, 05 Apr 2016 23:59:39 GMT

@Anonymous wrote:
That's a good offer, I probably would have taken it.

Dangit! Now I feel like Ive done the wrong thing. I hope its still an option.

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:01:02 GMT

@Anonymous wrote:
I would've taken it in a heartbeat because of my thinner file but you know what's best for you. Wait it out until after all your Synchrony limits are reported and see how it goes from there.

Lol. I know the feeling. Im still in the rebuild process so Ill take anything. But Cap1 is so stringent on the 6 mos thing and I didnt know if i could squeeze more from them before waiting 6 months.

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:03:29 GMT

@Anonymous wrote:
Yeah, $1,000 is not too shabby even if it might be a small percentage of your limit. Personally, Capital One hasn't given me jack so I would've taken anything haha. I think I've been denied for 9 CLI requests.

Crap! Face palm. Yall are laying it on thick! Lol. But look at your credit profile! Thats a solid profile, Id take that over mine. I do know that Cap1 says my account isnt eligible for a PC, theyve said no to that 9 times! Lol. I NEED that product change to avoid the AF.

Re: Turned down a Cap1 $K increase...feeling indifferent

myjourney — Wed, 06 Apr 2016 00:04:43 GMT

Cap1 known for the most part as being the giver of 200-500 Cli's you said no to 1k after turning down $200 last week Lol

All I can say is

Girl.......Melanie.....what were you thinking

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:06:16 GMT

@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.
I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course

Lol. Thank you for the clarification and reassurance. When you say it like that, you make a good point. I basically turned down a 48% credit limit. Crap!!! Lol. I'll take whatever they offer next time and sit in the corner! Thank you!!

Re: Turned down a Cap1 $K increase...feeling indifferent

Broke_Triathlete — Wed, 06 Apr 2016 00:09:38 GMT

@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.
I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course
Lol. Thank you for the clarification and reassurance. When you say it like that, you make a good point. I basically turned down a 48% credit limit. Crap!!! Lol. I'll take whatever they offer next time and sit in the corner! Thank you!!

You're welcome. You did the right thing by asking the question. We'll always be here to help.

Hell, at this point I'd be thrilled to have a $1K increase on my card and that's just under 3% increase. However, I feel I've reached all the exposure they are willing to give me, which is fine. I don't expect much more out of the card I have. My situation is different from yours though.

Good luck and let us know what you decide to do!

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:09:52 GMT

@myjourney wrote:
Cap1 known for the most part as being the giver of 200-500 Cli's you said no to 1k after turning down $200 last week Lol
All I can say is
Girl.......Melanie.....what were you thinking

Bahahahahahahahahaha!!! Well dang...I have really messed up. Lol. Ok, the next time I apply for one which will be either right before the statement cuts on the 28th (to report to the bureaus) or first of May after my Sync accounts update, so they can look and say, "They gave her a $5K and $10K limit, lets follow suit!!!" Thats my logic anyway!

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:11:30 GMT

@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.
I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course
Lol. Thank you for the clarification and reassurance. When you say it like that, you make a good point. I basically turned down a 48% credit limit. Crap!!! Lol. I'll take whatever they offer next time and sit in the corner! Thank you!!
You're welcome. You did the right thing by asking the question. We'll always be here to help.

Hell, at this point I'd be thrilled to have a $1K increase on my card and that's just under 3% increase. However, I feel I've reached all the exposure they are willing to give me, which is fine. I don't expect much more out of the card I have. My situation is different from yours though.

Good luck and let us know what you decide to do!

Lol. I saww your $36L limit and was instantly excited for you and jealous! Lol. Thats amazing! Especially in such short time!!! Thank you so very much for all of your input! I will most certainly report back!!!

Re: Turned down a Cap1 $K increase...feeling indifferent

Broke_Triathlete — Wed, 06 Apr 2016 00:19:36 GMT

@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.
I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course
Lol. Thank you for the clarification and reassurance. When you say it like that, you make a good point. I basically turned down a 48% credit limit. Crap!!! Lol. I'll take whatever they offer next time and sit in the corner! Thank you!!
You're welcome. You did the right thing by asking the question. We'll always be here to help.

Hell, at this point I'd be thrilled to have a $1K increase on my card and that's just under 3% increase. However, I feel I've reached all the exposure they are willing to give me, which is fine. I don't expect much more out of the card I have. My situation is different from yours though.

Good luck and let us know what you decide to do!

Lol. I saww your $36L limit and was instantly excited for you and jealous! Lol. Thats amazing! Especially in such short time!!! Thank you so very much for all of your input! I will most certainly report back!!!

You're very welcome! Don't worry in time you'll get up there! The way to get up there is to accept increases and not decline them (Sorry just had to. Totally kidding). In fairness I did combine 2 cards to get that limit because I was tired of managing 3 cards from them and tired of not getting CLI's on any of them...haha.

Re: Turned down a Cap1 $K increase...feeling indifferent

Loquat — Wed, 06 Apr 2016 00:38:36 GMT

@GirlMelanie89 wrote:
@myjourney wrote:
Cap1 known for the most part as being the giver of 200-500 Cli's you said no to 1k after turning down $200 last week Lol
All I can say is
Girl.......Melanie.....what were you thinking
Bahahahahahahahahaha!!! Well dang...I have really messed up. Lol. Ok, the next time I apply for one which will be either right before the statement cuts on the 28th (to report to the bureaus) or first of May after my Sync accounts update, so they can look and say, "They gave her a $5K and $10K limit, lets follow suit!!!" Thats my logic anyway!

If only it worked that way...

Re: Turned down a Cap1 $K increase...feeling indifferent

GirlMelanie89 — Wed, 06 Apr 2016 00:44:55 GMT

@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
@GirlMelanie89 wrote:
@Broke_Triathlete wrote:
That's not a bad increase. If they offer that again when you request I'd just accept it and move on.

Also, what's the current limit on the card?
Now, Im really second guessing it. As I was telling QuietPlease, 6 months is a long time to sit on a $1K increase that could have been higher. Less than 7 days ago, my CLI offer was $200. So I was wondering if it would go higher. I hope that isnt a bad idea. Its currently only at $2100 and Ive had the card for 1 year.
I'm sorry I didn't mean to make you worry. What I mean is next time you ask for a request and you don't see the amount increase I would accept it. You've done good already getting it from $200 to $1000. You never know, it may be a lot more next time you request!

AFAIK a 50% increase (well 48% actually) isn't bad on a CLI. You'll see as your CL gets bigger it'll slowly start decreasing from 50%. At least that's usually what happens. There are always outliers of course
Lol. Thank you for the clarification and reassurance. When you say it like that, you make a good point. I basically turned down a 48% credit limit. Crap!!! Lol. I'll take whatever they offer next time and sit in the corner! Thank you!!
You're welcome. You did the right thing by asking the question. We'll always be here to help.

Hell, at this point I'd be thrilled to have a $1K increase on my card and that's just under 3% increase. However, I feel I've reached all the exposure they are willing to give me, which is fine. I don't expect much more out of the card I have. My situation is different from yours though.

Good luck and let us know what you decide to do!

Lol. I saww your $36L limit and was instantly excited for you and jealous! Lol. Thats amazing! Especially in such short time!!! Thank you so very much for all of your input! I will most certainly report back!!!
You're very welcome! Don't worry in time you'll get up there! The way to get up there is to accept increases and not decline them (Sorry just had to. Totally kidding). In fairness I did combine 2 cards to get that limit because I was tired of managing 3 cards from them and tired of not getting CLI's on any of them...haha.

Lol. Thats a good one!!! Accepting CLI is definitely a must!! I cant wait until i can combine cards. i have to close my secured card first and then re-app. I have my eyes set on a venture card, but gotta wait until this mortgage process is over. Managing 1 card seems alot easier and that limit is very nice!!!