topic Re: wanting to maximize my cap one cli in Credit Cards

wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 02:39:31 GMT

have a capital one quiksilver mc. i will be going for a cli. i'm currently at 4000. should i use my quiksilver card primarily for the next two months until i hit the "luv" button to increase my chances of getting a cli greater than 2000. i would really like to go from 4000 to 10000 but i don't know if that's pushing it. some input would be great. thanks

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 04:27:16 GMT

I would say to maximize your chances of getting a higher CLI it wouldnt hurt to use the card as your primary until its time to request. Everytime i have gotten a good amount CLI in capital one its been because of tons of usuage on it. They do say around here Cap one loves usuage. Good luck.

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 06:33:43 GMT

I would prefer to use a credit card with higher cash back rewards such as the Citi Double Cash at 2%.

Re: wanting to maximize my cap one cli

Vegas4Play — Thu, 21 Jul 2016 06:43:22 GMT

I would say 4K to 10K is a push...I have not seen MANY over 3-4K at one time...that is a lot of flipping the card usage for big ones like that.

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 06:46:25 GMT

Even If he has a good credit score and an income to support it?

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 06:50:43 GMT

They give me 3k CLIs like clockwork so far, and my scores jumped almost 100pts between account opening, and 8 months later. Didn't seem to affect the 2nd CLI at all.

Re: wanting to maximize my cap one cli

takeshi74 — Thu, 21 Jul 2016 12:41:10 GMT

@Anonymous wrote:
have a capital one quiksilver mc. i will be going for a cli. i'm currently at 4000. should i use my quiksilver card primarily for the next two months until i hit the "luv" button to increase my chances of getting a cli greater than 2000. i would really like to go from 4000 to 10000 but i don't know if that's pushing it. some input would be great. thanks

As with any creditor it's not just about the one account itself. Your entire credit profile and your income are the major considerations in determining the limit and CLI's that you qualify for. If you want a bigger CLI then idenitify the issues with your credit profile and work on addressing them. Don't rely on usage, relationship, the passage of time, etc.

If you want feedback then you'll need to give us a better idea of what your profile looks like. However, even with all details we really can't guarantee whether or not $10K is pushing it for your profile. We can only provide our best guess. We don't have the underwriting details for any credit product out there. At best we can try to use aggregated anecdotal evidence but it's a flawed approach at best.

@Anonymous wrote:
Even If he has a good credit score and an income to support it?

Score is a consideration but it's not just about score.

Any creditor will compare score, credit profile and income against the product underwriting requirements. If they support it then, yes, a CLI will be granted. If not, then one will not be granted. It's about the underwriting requirements, not the individual's opinion of the individual's score and income.

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 12:43:29 GMT

I disagree with takeshi74's cut-and-paste post above that he's said a hundred times on here before. You can receive huge CLI increases from some creditors while receiving small ones or NOTHING from others... and they are all looking at the same "profile" and "income" etc. so it's not about "fixing what's wrong with your profile" all the time.

To answer the OP's original question, YES I would recommend putting as heavy usage on the card as you can for the month or two leading up to your CLI request. I'm currently doing this with Amex now (CLI request coming end of next month), will be doing it with Discover immediately after that and finally with my Quicksilver in the 2 months following that. IMO using this method will give you the greatest chance at the best result assuming all other things in your profile stay the same. It certainly can't hurt to show them that you're using their card a ton.

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 14:02:14 GMT

All my credit score are in the 670 and 680 range

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 14:07:09 GMT

Cool man intuitively makes sense I'm going to use my cap one for everything except for all my Costco stuff

Re: wanting to maximize my cap one cli

Anonymous — Thu, 21 Jul 2016 14:21:12 GMT

I agree with the consensus as that is what I've done. I used my cap1's as my primary cards and pif each month. Ran several hundred to a couple thousand through them each month. Got a 3-6k increase and a 3-5k increase with scores in the 690's.

Not impossible for that big a jump, but not a normal occurance either.

Re: wanting to maximize my cap one cli

bourgogne — Thu, 21 Jul 2016 14:36:01 GMT

OP, as vegas touched on, the norm cli seems to be 3-4K. I got a 20K venture and did only the spend to get the bonus and got 3K @ 3 months. I had a plat that turned into a qs wmc and did a 300>3300>8300>12300 on it - the 5K bump was after I ran up to the cl limit ever few weeks, did a pif and did it again for almost 6 months. ditto for the last 4K bump. as others have chimed in on, C1 seems to like spending put through the products. I have had next to zero use on the QS since 3/16 so it will be interesting to see what the next cli will be, if any. good luck and post back with your results

Re: wanting to maximize my cap one cli

Anonymous — Fri, 22 Jul 2016 02:21:08 GMT

You were running up to your credit limit ($8300) every few weeks meaning you put like $50k through the card in 6 months? If that's the case I can certainly understand them throwing you a $5k CLI!

Re: wanting to maximize my cap one cli

bourgogne — Fri, 22 Jul 2016 07:12:45 GMT

ha-ha omg lol, yeah I think I put 85K or so on the card in like a year, cannot remember the exact amount but I was more than the norm. not all my spend by any means, I put some trips for 2 on the sucker and some business stuff. I think my cli days for cards are over. its fine, I have enough for a while. need to stay off this site lol

Re: wanting to maximize my cap one cli

Anonymous — Fri, 22 Jul 2016 12:01:31 GMT

I hear that! That's some serious spendage.