topic Re: Capital One Secured CLI in Credit Cards

Capital One Secured CLI

rickjames8692 — Thu, 28 Apr 2011 15:57:51 GMT

Hello all, been on the boards for a while now, since last August and have been follow the advice here to rebuild my credit. So I opened a capital one secured card with a $200 deposit in October. So I just checked my email to find that they increased my limit by $100 not much but a good start. I think the low CLI is because of my scores aren't still that great. Hopefully in 6 more months I can finally break a 620 credit score across the board.

Re: Capital One Secured CLI

texasman07 — Thu, 28 Apr 2011 14:25:14 GMT

Hello, Congrats on your CLI!!

I have a few questions. I opened my Secured Card in Sept 2010 with 200.00. I always charge it up and PIF before the statement cuts. I also have added another 150.00$ to the card to bring my limit up to 350.00$ My Seventh statement cut yesterday and still no CLI. I was wondering what was your usage and did your CLI happen on a statement cut?

Ive noticed that Cap 1 Soft Pulls also every Month but Im not sure for which card it is for. I also got approved a month later for a rewards no hassel card at 500.00. They gave me a CLI of 250.00$ last month.

Re: Capital One Secured CLI

Anonymous — Thu, 28 Apr 2011 14:52:40 GMT

Mine did not happen at a statement cut. Maybe in a few weeks.

Re: Capital One Secured CLI

texasman07 — Thu, 28 Apr 2011 15:11:46 GMT

Great thanks that was helpful. I still have hope then

Re: Capital One Secured CLI

rickjames8692 — Thu, 28 Apr 2011 15:52:38 GMT

Yeah mine happened after the billing statement

Re: Capital One Secured CLI

rickjames8692 — Thu, 28 Apr 2011 15:56:21 GMT

As far as usage its been all over the place from 20-75% of limit but I always PIF, but this CLI came with a usage if 10% idk if that matters.

Re: Capital One Secured CLI

texasman07 — Thu, 28 Apr 2011 16:00:35 GMT

Thanks!!! My statement just cut yesterday so maybe sometime in the next week or two I hope for a CLI, but Im not going to hold my breath. Ive had it Since September but only had 7 statements pass.

Re: Capital One Secured CLI

LS2982 — Thu, 28 Apr 2011 22:17:53 GMT

I was told by Cap1 that the only way to get a CLI on their secured card was by depositing?!?!? i have a $700 limit from deposting, I want a CLI!!!!

Re: Capital One Secured CLI

mocha82 — Thu, 28 Apr 2011 23:54:32 GMT

@LS2982 wrote:
I was told by Cap1 that the only way to get a CLI on their secured card was by depositing?!?!? i have a $700 limit from deposting, I want a CLI!!!!

I have been to that too. It's not true though. I called one of the backdoor #s and a Sr. Manager said that you can receive unsecured CLIs...

Re: Capital One Secured CLI

Anonymous — Fri, 29 Apr 2011 03:37:13 GMT

Yesterday I made a credit line increase of the 100.00 ...bringing my total CL to 600.00 i wanna apply for the unsecured after m 65 days but im still not sure

Re: Capital One Secured CLI

texasman07 — Fri, 29 Apr 2011 03:42:12 GMT

I was told the same thing by a csr that no CLI's are given. Then I called the back door number and spoke with a SR. REP. He informed me that Cap 1 does do a Unsecured CLI. Also I bank with Cap 1. I went into the bank to make a checking deposit. The rep asked me about my cards. He asked if I wanted them to unsecure my secured card. He called and was told that they will offer me a CLI at some point unsecured but, because the card is still new to cap 1 that at this point they dont have a system for unsecuring the card. she also told him that at some point they will offer the card unsecured but they are still working on it.