topic Re: Cap 1 bucket? in Credit Cards

Cap 1 bucket?

creditnoob89 — Sat, 08 Apr 2023 20:10:30 GMT

So I know there have been many posts about Cap 1 bucketing cards, but I'm wondering how you know if you've made it out of your starting bucket? What's the max limit for a lower bucketed card? I got a QS1 a year ago this month. In October, they gave me an auto CLI to $600. I requested an increase yesterday and they upped me to $1100. Not huge, but still almost 4x what I started with in a year. I usually see people saying they can't get an increase, or get $100 increases and then nothing, so I'm kind of wondering if I moved up? Or just wishful thinking?

Re: Cap 1 bucket?

GZG — Sat, 08 Apr 2023 21:22:59 GMT

@creditnoob89 wrote:
So I know there have been many posts about Cap 1 bucketing cards, but I'm wondering how you know if you've made it out of your starting bucket? What's the max limit for a lower bucketed card? I got a QS1 a year ago this month. In October, they gave me an auto CLI to $600. I requested an increase yesterday and they upped me to $1100. Not huge, but still almost 4x what I started with in a year. I usually see people saying they can't get an increase, or get $100 increases and then nothing, so I'm kind of wondering if I moved up? Or just wishful thinking?

That card will always be 'bucketed' but you've broken out of the $500 bucket, now you're in the $1000-$3000 bucket. Perhaps the absolute maximum that card can get to is ~$5k with spend + income.

It will still take all of your spend to see the most that card will be able to get to, and getting that increase isn't a guarantee.

100% that card won't get to $10k like a unbucketed card would be able to if you apply for a card with a clean profile

Re: Cap 1 bucket?

Horseshoez — Sat, 08 Apr 2023 21:26:30 GMT

@GZG wrote:
@creditnoob89 wrote:
So I know there have been many posts about Cap 1 bucketing cards, but I'm wondering how you know if you've made it out of your starting bucket? What's the max limit for a lower bucketed card? I got a QS1 a year ago this month. In October, they gave me an auto CLI to $600. I requested an increase yesterday and they upped me to $1100. Not huge, but still almost 4x what I started with in a year. I usually see people saying they can't get an increase, or get $100 increases and then nothing, so I'm kind of wondering if I moved up? Or just wishful thinking?
That card will always be 'bucketed' but you've broken out of the $500 bucket, now you're in the $1000-$3000 bucket. Perhaps the absolute maximum that card can get to is ~$5k with spend + income.

It will still take all of your spend to see the most that card will be able to get to, and getting that increase isn't a guarantee.

100% that card won't get to $10k like a unbucketed card would be able to if you apply for a card with a clean profile

I've seen a few anecdotal reports recently which suggest CapOne's hard limit on bucketed cards is being loosened up a bit; after my Chapter 13 I started out with what was most likely a bucketed Quicksilver, and now after several smaller requested CLIs, they dropped $1,500 on me last summer and then another $1,500 earlier this year. My new CL is $6,300 for that card, and if things keep up like they are, I fully expect it to hit $10,000 in a year or three.

Re: Cap 1 bucket?

Adkins — Sun, 09 Apr 2023 03:28:28 GMT

Whether or not your capital one card is "bucketed" depends on how it was issued. A previous poster wrote an excellent thread on why some Capital One cards do not grow and others do.

Re: Cap 1 bucket?

Gollum — Wed, 12 Apr 2023 09:02:02 GMT

@creditnoob89 wrote:
So I know there have been many posts about Cap 1 bucketing cards, but I'm wondering how you know if you've made it out of your starting bucket? What's the max limit for a lower bucketed card? I got a QS1 a year ago this month. In October, they gave me an auto CLI to $600. I requested an increase yesterday and they upped me to $1100. Not huge, but still almost 4x what I started with in a year. I usually see people saying they can't get an increase, or get $100 increases and then nothing, so I'm kind of wondering if I moved up? Or just wishful thinking?

I'm guessing that you have "moved up."

Re: Cap 1 bucket?

AzCreditGuy — Thu, 13 Apr 2023 13:55:37 GMT

I started out with $300 than PC to QS1 thats there the CLI went up to $5k, another PC to Venture 1 and I am at $8.5k....Trying to get to $10k ....I have had Cap 1 for 8yrs+....

Re: Cap 1 bucket?

Chris679 — Thu, 13 Apr 2023 23:15:11 GMT

@Horseshoez wrote:
@GZG wrote:
@creditnoob89 wrote:
So I know there have been many posts about Cap 1 bucketing cards, but I'm wondering how you know if you've made it out of your starting bucket? What's the max limit for a lower bucketed card? I got a QS1 a year ago this month. In October, they gave me an auto CLI to $600. I requested an increase yesterday and they upped me to $1100. Not huge, but still almost 4x what I started with in a year. I usually see people saying they can't get an increase, or get $100 increases and then nothing, so I'm kind of wondering if I moved up? Or just wishful thinking?
That card will always be 'bucketed' but you've broken out of the $500 bucket, now you're in the $1000-$3000 bucket. Perhaps the absolute maximum that card can get to is ~$5k with spend + income.

It will still take all of your spend to see the most that card will be able to get to, and getting that increase isn't a guarantee.

100% that card won't get to $10k like a unbucketed card would be able to if you apply for a card with a clean profile
I've seen a few anecdotal reports recently which suggest CapOne's hard limit on bucketed cards is being loosened up a bit; after my Chapter 13 I started out with what was most likely a bucketed Quicksilver, and now after several smaller requested CLIs, they dropped $1,500 on me last summer and then another $1,500 earlier this year. My new CL is $6,300 for that card, and if things keep up like they are, I fully expect it to hit $10,000 in a year or three.

Best of luck to you. 841 FICO and I can't get my Savor card past $9400 after 15 yrs. Had been seeing slooooow progress but the last couple of requests have been denied. Started as the classic $300 platinum rebuilder.