topic Re: Help getting CLI from Cap One in Credit Cards

Help getting CLI from Cap One

Dylan1 — Wed, 18 Dec 2019 19:08:48 GMT

My QS (upgraded from a platinum) is sitting firmly at a $1,500 credit limit. I find this fairly stupid since my QS1 is at $3,500 and my Amex ED is at $6,000. The last month I’ve run over $900 through it. And every time I request an increase the excuse is “Recent use of this account's existing credit line has been too low.” My question is how much more do they expect me to spend on that card, and is there anything else I can do to grow the limit?
My Scores are 730-740
The card is 1y 1mo old

Re: Help getting CLI from Cap One

AverageJoesCredit — Wed, 18 Dec 2019 19:12:02 GMT

Unfortunately, Cap One wants heavy use, or at least a couple months consecutively to help your cause. . One reason im not a big fan of C1. Might be better to look for alternative cards that can grow on its own

Re: Help getting CLI from Cap One

Anonymous — Wed, 18 Dec 2019 19:12:18 GMT

Capital One wants to see you regularly using the card's limit for the prior 6 months when asking for a CLI. You can't trick the algorithm by boosting spend for one or two months. Growing Capital One cards is a long game and not really worth it when there are other cards out there that will grow much quicker with much less spend and have better rewards. Maybe look into the PayPal Cashback card. Synchrony cards can grow like weeds and you'll earn 2% on every purchase.

Re: Help getting CLI from Cap One

OmarGB9 — Wed, 18 Dec 2019 19:23:36 GMT

To add on to what's already been said, your card is probably permanently bucketed, unfortunately. Being that it was originally a platinum, it most likely will stay at that low limit forever or just be extremely hard to grow without running all your spend through it. The only way to get a higher limit is probably to just apply for a new QS. Or apply for a new card elsewhere.

Re: Help getting CLI from Cap One

Anonymous — Wed, 18 Dec 2019 19:26:20 GMT

Same here,

I've been stuck at 1100 for over a year. A fistful of denials with the exact same reason as yours. I brushed it off, and chalked it up to the bucket.

Capone is subprime and it was great for my re-build, but I expect nothing further from them.

Re: Help getting CLI from Cap One

HeavenOhio — Wed, 18 Dec 2019 19:36:50 GMT

@Anonymous, I've been fine with 3 to 3.5 months of solid spending.

@Dylan1, how much have you been spending during previous months? I think spending a bit over 1k per month for 3 to 3.5 months could net a 1k CLI. It's possible that your card is in a starter bucket as mentioned. But the fact that your current limit is over 1k offers reason for hope.

Re: Help getting CLI from Cap One

Anonymous — Wed, 18 Dec 2019 19:39:57 GMT

@HeavenOhio wrote:
@Anonymous, I've been fine with 3 to 3.5 months of solid spending.

@Dylan1, how much have you been spending during previous months? I think spending a bit over 1k per month for 3 to 3.5 months could net a 1k CLI. It's possible that your card is in a starter bucket as mentioned. But the fact that your current limit is over 1k offers reason for hope.

I have heard both sides of it honestly. Better to just expect 6 months than go for 3-4 and be disappointed IMO.

Capital One has been very generous with me, even with my Plat turned QS, so I'm a bit of an outlier anyway. I also only had Capital One cards from 3/2014 til 11/2017 though so they were getting all of my spend regardless.

Re: Help getting CLI from Cap One

HeavenOhio — Wed, 18 Dec 2019 19:44:15 GMT

Once you think you might have spent enough, you can start asking. If you're declined, no clocks are reset. Likewise, if you decline to accept a CLI offer, no clocks are reset.

I'd start requesting when you're on the low end of what might be reasonable and if necessary, try every 30 days or so after that.

Re: Help getting CLI from Cap One

FireMedic1 — Wed, 18 Dec 2019 23:02:34 GMT

@Dylan1 wrote:
My QS (upgraded from a platinum) is sitting firmly at a $1,500 credit limit. I find this fairly stupid since my QS1 is at $3,500 ( This was probably your second card after the Plat) and my Amex ED is at $6,000. The last month I’ve run over $900 through it. And every time I request an increase the excuse is “Recent use of this account's existing credit line has been too low.” My question is how much more do they expect me to spend on that card, and is there anything else I can do to grow the limit?
My Scores are 730-740
The card is 1y 1mo old

Things have changed since 2015-16 when I started rebuild after BK. Cap1 used to give out plenty of CLI's if you used their cards. I had both of your cards at one time. Plat/QS started at 300 out of BK grow to 4500. QS1 was at 3500 closed at 6000. Then after a while I went for the regular QS, closed the Plat/QS, then came Venture, closed QS1, then Savor, and all were approved for 10k a piece. But since then they have tightened up a lot. I've been thru all 5 cards and ended up with the top 3. So the old days are gone and its a new way with Cap1. They are starter cards and thats what they will stay as. Use them to grow your profile and move on to bigger and better things. But dont ever forget who helped get you where your at now and in the future. Cap1.

Like others have said. Heavy usage and PIF tickles their CLI computer server. Starter cards will grow. But slow in this day and age.

Re: Help getting CLI from Cap One

M_Smart007 — Thu, 19 Dec 2019 03:26:40 GMT

@AverageJoesCredit wrote:
Unfortunately, Cap One wants heavy use, or at least a couple months consecutively to help your cause. . One reason im not a big fan of C1. Might be better to look for alternative cards that can grow on its own

heavy use to make $$$ off swipe fees...Uh Huh

Re: Help getting CLI from Cap One

Anonymous — Thu, 19 Dec 2019 03:59:20 GMT

I was doing $800-$900/mo spend on my Savor with a $27,500 limit. Applied for a CLI a few months ago. My last CLI was in 2009. Denied for reason of not enough spend. I have a better shot at whipping full court basketball shots into the hoop than getting CLIs from them.

But in reality, I don't need one. And they know that. It's mostly a dining, entertainment, and international card right now. I'm not going to use half of that line in any given month.

They have been very good to me. My rate has been single digits for the last 10 years. Currently 8.65%. My Savor card is 4% cash back on dining and entertainment with no AF. They've come through immediately with a dispute (called them once, they put a permanent credit before even investigating the case). They treat me well.

That's more important than getting a CLI that I don't need. In your case, if you really need it, you might be able to easily get to the top of your CL. I can't. If you can and you're not bucketed, you have a much better chance of getting one.

Re: Help getting CLI from Cap One

Queen_Etherea — Thu, 19 Dec 2019 17:04:49 GMT

@Anonymous wrote:
Capital One wants to see you regularly using the card's limit for the prior 6 months when asking for a CLI. You can't trick the algorithm by boosting spend for one or two months. Growing Capital One cards is a long game and not really worth it when there are other cards out there that will grow much quicker with much less spend and have better rewards. Maybe look into the PayPal Cashback card. Synchrony cards can grow like weeds and you'll earn 2% on every purchase.

I absolutely LOVE my PayPal 2% MC! However, I started with a really low limit, I think at like $300, and it took a while to get it to just $10,000. I got it last year around Sept/Oct 2018, and I just got the limit up to $10k a week or so ago. I put A LOT of use into this card, but I also messed up when requesting CLI's by only putting small amounts. Now I just shoot for the moon and take whatever they'll give me. They seem to give me a CLI every 4 months or so.

Re: Help getting CLI from Cap One

Anonymous — Thu, 19 Dec 2019 17:34:01 GMT

@Queen_Etherea wrote:
@Anonymous wrote:
Capital One wants to see you regularly using the card's limit for the prior 6 months when asking for a CLI. You can't trick the algorithm by boosting spend for one or two months. Growing Capital One cards is a long game and not really worth it when there are other cards out there that will grow much quicker with much less spend and have better rewards. Maybe look into the PayPal Cashback card. Synchrony cards can grow like weeds and you'll earn 2% on every purchase.
I absolutely LOVE my PayPal 2% MC! However, I started with a really low limit, I think at like $300, and it took a while to get it to just $10,000. I got it last year around Sept/Oct 2018, and I just got the limit up to $10k a week or so ago. I put A LOT of use into this card, but I also messed up when requesting CLI's by only putting small amounts. Now I just shoot for the moon and take whatever they'll give me. They seem to give me a CLI every 4 months or so.

You got that $300 card to $10K way quicker than a Capital One card would grow. 😂

Re: Help getting CLI from Cap One

Aim_High — Thu, 19 Dec 2019 20:00:49 GMT

@HeavenOhio wrote:
@Anonymous, I've been fine with 3 to 3.5 months of solid spending.

@Dylan1, how much have you been spending during previous months? I think spending a bit over 1k per month for 3 to 3.5 months could net a 1k CLI. It's possible that your card is in a starter bucket as mentioned. But the fact that your current limit is over 1k offers reason for hope.

^ +1

Ditto. Last several increases the card went from SD to fairly heavy regular use for about three months before they would approve CLI. I'm working it a little right now and hope for a final bump from $22K to $25K within 30 days. I probably won't push it higher than that. And that card was approved as a Platinum at a pathetic $1K about 10 years ago. I never even used it at all for years since I got it for a BT offer and then it was useless for that with the low limit. Eventually PC'd to QS and started using and growing it.

Re: Help getting CLI from Cap One

Anonymous — Thu, 26 Dec 2019 01:42:10 GMT

I gave up. mine Cap one QS cl is $750. That's my oldest card, using it all the time so i can try increasing the cl, but cap one rejected again last month, saying not enough spending.... I have several cards way over 10k cl, even chase gave me 24k for CFU, a visa siguare card! I'm not asking much, above $1000 is good, 2000 would be perfect. Anyway. I'm not going to use it anymore, putting hulu on it and thats it. Won't get any cap one card in future.