topic Re: Capital One card holders, please give input. in Credit Cards

Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:16:03 GMT

I've noticed several people on here (via signatures on forum posts) have one or more Capital One Cards with nice limits in the 5000+ range.

So, how did you do it? Did you start an account and just request CLI's until you got what you got? Did you merge several cards on to one account to achieve your CLI?

I've had a Platinum card for 8 years and am sitting on 1750 CLI. Obviously I want this increased, as my other main card has about a 5k limit.

Thanks in advance for any input.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:22:04 GMT

If your scores are good and your reports are clean you could probably qualify for a large limit on the Venture. Have you checked prequal?

You can request soft pull CLI with cap one every 6 statements. A lot of people merge their many cap one cards to get big limits, others just big limits right off the bat going for Venture if their profile supports it.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:25:14 GMT

Had to request a CLI to get the 1750 I currently have.

I have not tried to apply for venture... The prequal you're talking about: is that on Capital One website or what?

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:29:31 GMT

Yes.

https://findmycard.capitalone.com/

Try that, I had scores below 700 and received a 10000.00 Venture Visa Sig.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 05:38:27 GMT

Here you go it's right here.

Yeah AFAIK their lower tier cards are handled like another arm of the company. Some people have success getting the limits up more on them, but most of the time they sit in swamp territory.

https://findmycard.capitalone.com/en/PageVersions/LandingPages/LP_ONE_V01.aspx

On average from what I've seen purely going by creditboards database and scores, not set in stone of course, but it does appear this way, Venture reports the highest starting limits with Venture One usually as much as 50-100% less than a person would get on the regular Venture. Probably because of 0% APR and no fee. If someone doesn't want to pay the fee, then I'd go for Venture, then app for Venture One or QS Visa sig after 6 months, then combine both into the QSVS at 11 months while closing the Venture. Or pay the fee for one year and get all 3 cards over the course of two years all the while requesting CLI every 6 months on each card. Then combine into the one you want to keep.

Cap One has a rule now they will only approve one new card per customer every 6 months.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:35:28 GMT

Good info. Do you by chance know how long you have to have a card active before you can merge it with another account?

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:37:12 GMT

The Donor card typically has to be open for 6 months. Though people have apparently broken that rule.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 04:38:38 GMT

Ive merged cards together to get the limit I have and Cap One offered to upgrade me to the Quiksilver no af which I was thrilled to do. I dont really need a large limit now so Im kinda chilling with it.

Re: Capital One card holders, please give input.

NRB525 — Fri, 15 Jul 2016 04:49:57 GMT

@Anonymous wrote:
Had to request a CLI to get the 1750 I currently have.

I have not tried to apply for venture... The prequal you're talking about: is that on Capital One website or what?

You have enough history with Capital One, you should just outright apply for the Venture.

After you get the card, decide whether the terms on your existing $1,750 card are better (APR could be better there, age is certainly better) and look at combining the limits after 6 months.

Or don't bother combining if the Venture terms are good enough.

Applying for new cards with Capital One does give you a HP on each of the three bureaus, but those HP fade over time, and it saves you the frustration and wasted time of trying to ask for a CLI on a card that Capital One has determined has a credit ceiling of $1,750 on this credit line.

Report back results of your app.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 15:00:50 GMT

(Mod Cut-Please refrain from this in the future)

Well, thanks guys. I'm now the proud owner of a Venture card with 20k limit. Cant wait to roll that into one card with 21,750 limit LOL.

Also, and I'm going to check my credit report to verify, but being a current customer (having a Capital One card alread) means that this was a soft pull correct?

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 15:01:12 GMT

@Anonymous wrote:

Well, thanks guys. I'm now the proud owner of a Venture card with 20k limit. Cant wait to roll that into one card with 21,750 limit LOL.

Also, and I'm going to check my credit report to verify, but being a current customer (having a Capital One card alread) means that this was a soft pull correct?

hahahaha congrats! Had a feeling you'd be good to go.

Any new apps with them are Hard Pull. CLI's are always soft pull though.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 05:03:04 GMT

Yeah I read that in the mean time.

Oh well, I'll just ride this for a while, then try to work on getting my CITI card CLI up. Its currently at 5000 from 3500, so I'm not completely put out by it.

Then again, with my new Capital One limit... CITI will need to step up their game. HAH.

Super excited. Thanks for all the advice guys.

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 05:05:12 GMT

Not sure what your scores are and how your reports look? But if everything is good, you should be fine with app'ing for another. I sat on my Cap One for yrs with hardly any cli's. I also have other prime cards with decent limits. I decided it was best to app for another card that I know gives out larger limits. Venture or QS will do it. I then asked for cli's every 6 months. Getting ready to combine 2 Venture's I have and wait a yr and app for another QS, then combine both of those. I would rather have just 2 cards with the larger limits.

Re: Capital One card holders, please give input.

Closingracer99 — Fri, 15 Jul 2016 06:00:41 GMT

Meh Capital one... I have the Playstation card and just got a measly $250 CLI on my card today after having it for a while and having larger CL's on other cards . Now I have a total of $3,250....

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 07:06:42 GMT

I find that the CO platinum and QS1 credit increases slower. It stay at a limit pretty long and the increase amount is smaller and SL is smaller too. Mine started at 500 and 500 the platinum got upgraded to QS and limit is 3000 and qs1 is 2000 applied for a straight QS SL is 8000 applied for a venture SL is 15000. 70 ish days later QS increased to 16k and venture increased to 22k

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 07:54:29 GMT

Congrats on the new Cap One!

Re: Capital One card holders, please give input.

Anonymous — Fri, 15 Jul 2016 08:49:14 GMT

Congratulations! I love cap1 so far!

Re: Capital One card holders, please give input.

Vegas4Play — Fri, 15 Jul 2016 09:11:05 GMT

When my BK discharged in 8/2015 I waited a month and apped for Venture SL 30K and quicksilver 3K SL.... The QS is now at 6K.... venture still 30K have not asked for CLI on that why??? on approval I hade 1INQ on transunion over a year old and 2 AU cards and 1 Credit one of my own at 1200, and 1 Cap1 at 3500

I did app for the cards back to back in september. Was approved both instant with the lowest apr then 12.99

Re: Capital One card holders, please give input.

RonM21 — Sat, 16 Jul 2016 13:17:58 GMT

That approval was almost amazing, coming from where you stood early in this post. Very nice.