topic Re: 5000 CLI from Cap 1!!!!! in Credit Cards

5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 02:38:04 GMT

Guys, I can't believe my own eyes, started with 500 limit last august, 3 month later bumped to 750. I've been using my card a whole lot and make multiple payments each month (I am currently studying aboard)..just logged on to the website today and found out my credit limit is now 5750!!! I've been calling to see if I can get a costumer initiated CLI with no luck, I guess this is part of the credit step program, if not, they really do look into our accounts on a regular basis, i mean right now im just wow.....

Re: 5000 CLI from Cap 1!!!!!

chan85 — Sat, 04 Jun 2011 02:41:59 GMT

How old is the account?? Congrats that's a major jump!! I am hoping when I hit a year they will bump me too! I had one step from $500 to $750 and there it stays!

Re: 5000 CLI from Cap 1!!!!!

chan85 — Sat, 04 Jun 2011 02:45:49 GMT

Sorry just reread and saw the August open date... I must have been too excited! Had your statement just closed or was the increase just done randomly? I opened mine in August as well....there is hope...

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 02:46:50 GMT

it's about ten month old...i think they want to see usage, at least that's the impression i got! good luck man

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 02:48:30 GMT

the increase is done randomly! it's not done at a statement releasing date, so it really was a suprise to me..

Re: 5000 CLI from Cap 1!!!!!

drsmith — Sat, 04 Jun 2011 02:50:03 GMT

I got excited so I checked my account

Same $750 CL I've had since 8/08

I'm glad somebody enjoys Cap1 though

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 02:56:06 GMT

(collapsing into a dead faint...)

CONGRATULATIONS!!!!!!!!!!!!!!!!!

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 03:09:00 GMT

Wow amazing!! I'll take just a bit of that luck. If mine goes to $1500 I'll be happy. Then at least I can buy a couple of plane tickets and take advantage if the travel protection.

Re: 5000 CLI from Cap 1!!!!!

bichonmom — Sat, 04 Jun 2011 03:13:44 GMT

Congrats! You've given us all a little hope.

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 03:19:16 GMT

Wiow thats awesome, I know they soft me all the time,,,but right now have high util that may change in a couple weeks

Re: 5000 CLI from Cap 1!!!!!

Walt_K — Sat, 04 Jun 2011 03:27:34 GMT

Congrats.

I checked mine to see if anything had happened, but it's still at $2500. As things go for them, that's not bad. I'm not too surprised that I haven't seen an increase. I haven't used the card for anything other than a couple automated payments in over 6 months. And I don't know if they monitor the banking side of the relationship but I cancelled my checking account with them this week over the fact that they won't reinstate my miles on an account that was closed when I fell behind on payments. After I paid them back, I felt they should let me redeem the miles. I understand their position, but if that's the position they want to take, I'm not interested in giving them any more business. And that's why I'll likely never see another increase with them.

Congrats to you and anyone else who gets an increase.

Re: 5000 CLI from Cap 1!!!!!

clocktick — Sat, 04 Jun 2011 05:13:17 GMT

Congratulations howhow!

Does your card have an AF?

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 05:15:23 GMT

thanks...I just want to restate that I use this card pretty heavily during my study in Europe, because this is the only card I use when I am abroad so I pretty much have to pay multiple bigger payments to avoid maxing out at the $750 limit....I think this is why I am granted for such a big CLI.

Re: 5000 CLI from Cap 1!!!!!

JonStur — Sat, 04 Jun 2011 06:48:41 GMT

Congrats on your good fortune!!!!

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 07:48:57 GMT

no AF =)

Re: 5000 CLI from Cap 1!!!!!

TravellingNomad — Sat, 04 Jun 2011 15:38:34 GMT

congrats on the big cli. yeah i've been stuck on $500 since i opened a little over a year ago. for the first 12 months, it was my grocery card and emergency gas card. and each month i made sure there was always $100 available credit (so if an emergency came up, i'd have a little wiggle room to use my cap 1 card). although i did not pay multiple times each month (i couldn't because being a government employee, i only get paid once a month), i did always pay 80% of my balance each month. figured if i showed them that i pay waaay more than the minimum each month....it'll make me a candidate for a random cli. but no luck. so now....i don't use it as much. i still use it for gas each month...but i make sure i don't charge more than $150 on it. it's just disappointing that even though i had a low cl on the card, i've spent several thousand using the card on the first year....but can't even be eligible for a small cli. oh well.

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sat, 04 Jun 2011 18:02:58 GMT

i think its a mistake you should either use it or call them to verify otherwise one day you want to use it and ur card get decline cuz they fixed the problem ... i am pretty sure its a glitch

Re: 5000 CLI from Cap 1!!!!!

cf2701 — Sat, 04 Jun 2011 20:02:17 GMT

WOW, Congrats! I just got my Cap 1 in the mail today. 500 CL but enrolled in the steps program. I hope to earn more credit down the road. Matching your CLI, that would be difficult!

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sun, 05 Jun 2011 02:35:24 GMT

@Anonymous wrote:
i think its a mistake you should either use it or call them to verify otherwise one day you want to use it and ur card get decline cuz they fixed the problem ... i am pretty sure its a glitch

nope not a glitich, just got a letter in the online document center, it's official. =)

Re: 5000 CLI from Cap 1!!!!!

Anonymous — Sun, 05 Jun 2011 05:09:26 GMT

My wife and I both have a lot of credit cards, pay them off each month.

Her Cap1 was initially higher limit than mine but we use mine more so they bumped me up to $4500 while hers is still at $1250 where she started.

It seems that Cap1 may up your limit if your using the card a lot and making payments on time or paying it off frequently.