topic Re: CAP1 Credit Steps in Credit Cards

CAP1 Credit Steps

Anonymous — Tue, 23 Nov 2010 15:35:21 GMT

Got my first step today...I hope I am lucky and actually get a few more! My CL went from 500 to 750 and the 4th statement just cut today.

Re: CAP1 Credit Steps

Datx — Tue, 23 Nov 2010 15:59:00 GMT

Awesome! My 4th statment was cut on 11/17, but didnt get a increase yet. I think the credit steps letter said I will get one on my 5th statement. Not sure anymore, gotta check that for sure once I can.

Re: CAP1 Credit Steps

Anonymous — Tue, 23 Nov 2010 17:17:57 GMT

That's what mine said...so I was surprised!

Re: CAP1 Credit Steps

Anonymous — Tue, 23 Nov 2010 17:42:19 GMT

I got my letter a few days ago and it said that by the 7th statement I should get the CLI from $500 to $750. So I guess well wait and see what happens.

Re: CAP1 Credit Steps

Anonymous — Tue, 23 Nov 2010 22:34:02 GMT

I called the backdoor number to see if there were other steps in the program. The Account Specialist said that my account would be reviewed periodically and that I would also be able to request CLI with a soft pull. His advice was to keep doing what I was doing because my account looked good. I utilize the card quite a bit and make sure to pay each month's balance in full through one or several payments. Also, he was surprised I got the CLI so early. He said it was not scheduled to happen yet and usually people get it a few weeks after the 5th statement.

I am going to call next month after the statement cuts and attempt another CLI. I will update everyone with my results next month.

Re: CAP1 Credit Steps

Anonymous — Wed, 24 Nov 2010 03:22:59 GMT

Hi, I got my CLI with my 4th statement. I hope it keeps happening that way

Re: CAP1 Credit Steps

Anonymous — Wed, 24 Nov 2010 03:39:57 GMT

Usually it is 4th statement. You need to be patient with Cap1

Re: CAP1 Credit Steps

jj10939 — Wed, 24 Nov 2010 21:37:17 GMT

I got my Cap1 card about a year and a half ago and back then you could call the backdoor number and get someone with power over your account. I got my card with a $500 limit which was increased to $750 due to the first credit step. I called the back door number and asked for an increase to $1000 which she approved then I got the other credit step which brought me to $1500 which is where it is now. From what I have experienced and learned from others, now when you call the backdoor number they put your request in a computer which spits out either a yes or no and there is no reversal of that decision.

Re: CAP1 Credit Steps

OptimalCS — Thu, 25 Nov 2010 01:30:10 GMT

Got my letter today saying I'll get my next step on the 7th statement from $300 $to 500