topic Re: Capitol One in Credit Cards

Capitol One

Anonymous — Sat, 21 Mar 2009 17:19:33 GMT

I just recently received a card from Capitol One. Today I received a letter regarding step increases. It states that I have the opportunity to earn two credit line increases and raise the limit to $1500. Pay the first three statements on time, use the card, and don't go over the limit.

I am wondering if anyone knows when Cap1 reports to the CRAs? Do they report to all three CRAs? When is the statement cut off?

Re: Capitol One

Anonymous — Sat, 21 Mar 2009 17:32:38 GMT

Yes they report to all 3 CRA. I'm in the credit steps program myself 1 statement away from my 4th statement we will see how it goes.

Re: Capitol One

Anonymous — Sat, 21 Mar 2009 17:44:46 GMT

Good Luck!

Re: Capitol One

PayingTheBills — Sun, 22 Mar 2009 00:58:19 GMT

You get two auto increases. One after 3 statements, and another after 6 statements. The total CLI will be "$700-$1,000."

I just got one of these cards myself.

Re: Capitol One

Anonymous — Sun, 22 Mar 2009 02:38:08 GMT

If you call the back door phone # after second statment they'll give you a CLI.

Re: Capitol One

Anonymous — Sun, 22 Mar 2009 02:47:43 GMT

@Anonymous wrote:
If you call the back door phone # after second statment they'll give you a CLI.

I tried that already was told my account was to new.

Re: Capitol One

Anonymous — Sun, 22 Mar 2009 16:12:06 GMT

@Anonymous wrote:
Yes they report to all 3 CRA.

Not always, they only report to 2 on my accounts. Best to check with them on that.