topic Re: Cap One CLIs in Credit Cards

Cap One CLIs

bichonmom — Wed, 07 Dec 2011 04:33:09 GMT

For those lucky souls who get CLIs from Cap One, *how* did you find out? I've tried checking the "Modify Your Features" tab and then clicking on the "features" link (it's a purple dollar sign on my acct.). Wondering if you checked your acct and used that link. Or if you just logged in and found an increase (which is how it has worked with my one step CLI).

I'm eternally, optimistically hoping for a CLI w/them (not expecting, just hoping ) and would like to know what to look for.

Thanks!

Re: Cap One CLIs

Anonymous — Wed, 07 Dec 2011 05:04:06 GMT

I believe I will have an 800 score before the capital one CLI mystery is solved

Re: Cap One CLIs

bichonmom — Wed, 07 Dec 2011 05:28:09 GMT

@Anonymous wrote:
I believe I will have an 800 score before the capital one CLI mystery is solved

Me, too!

Re: Cap One CLIs

minimock — Wed, 07 Dec 2011 09:04:45 GMT

You can have 800 and still not get a CLI LOL

Re: Cap One CLIs

Anonymous — Wed, 07 Dec 2011 11:53:34 GMT

About 2 wks after he got his second card, Hubby got an email saying he had a document ready. It said he was in the credit steps program and would get an increase in so many months. I think it should hit like Feb-March. His first card he never got a document but just got a surprise CLI of 500 about 6 mos in. Nothing since on that card after three yrs.

He did call to try and waive the AF, and they wouldn't, but they did temporarily drop his interest to 10-something%.

I've gotten nothing on my card except a letter saying I could call and have rewards added to it for so many months. I plan to do that this week.

Re: Cap One CLIs

Anonymous — Wed, 07 Dec 2011 15:57:33 GMT

IMO, it's easier to wrap one's brain around the rules of quantum mechanics than around the rules pertaining to a Cap1 CLI.

Re: Cap One CLIs

Anonymous — Wed, 07 Dec 2011 16:11:27 GMT

@minimock wrote:
You can have 800 and still not get a CLI LOL

Yeah I'm a perfect example of that!

Re: Cap One CLIs

bichonmom — Wed, 07 Dec 2011 18:50:51 GMT

I know Cap One is horrible when it comes to CLIs. I (being the eternal optimist) just would like to know *what* to look for when I log in, so if/when I *do* get a CLI, I'll know asap. I'd also hate to lose an "upgrade" opportunity w/them because I didn't look in the right place and the right time.

Re: Cap One CLIs

clocktick — Wed, 07 Dec 2011 18:55:35 GMT

I found out by logging into my account and noticing the increase.

Edited to add: the same with Barclays...and then I received a letter about a week later (not with Cap One though).

Re: Cap One CLIs

bichonmom — Thu, 08 Dec 2011 02:52:10 GMT

Thanks, Clocktick. That's exactly how it was with my step increase. I didn't know if regular CLIs worked differently.

Re: Cap One CLIs

mAndrew1980 — Thu, 08 Dec 2011 03:16:02 GMT

When I got bumped from a whopping 300CL to an Amex-esque 500CL, I got zero notification. It was at the 6 month mark. I was (and supposedly still am) registered in the Credit Steps program but we all know it's done at 500CL.

Just got my second Cap1 card with a 500CL and when I activated the card, the rep told me in 5 months I would get a bump. I'm assuming to 750CL and that will be done as well.

As soon as this summer rolls around, I'll be getting two prime cards and saying see ya to Cap1.

Re: Cap One CLIs

redwalker2929 — Thu, 08 Dec 2011 05:28:05 GMT

The is a credit building card and you should expect 2-3 CLI over the LIFE of the card, and a Max CL of around $1,500. Use it until you have 2 years of on time payments and a score around 700. DO NOT waist inquiries on trying to get a higher limit. I just closed my capital one that I had for 3 years and a final credit limit of 750 bucks!!! As you can see, other companies give me more.

Capital one allowed me to be where I am today!!!

Re: Cap One CLIs

bichonmom — Thu, 08 Dec 2011 05:28:18 GMT

Every time I call to find out what the CC caps out at; if there is a 2nd step, and if so when and for how much; I get a different answer! They are *SO* frustrating. I've spoken w/supervisors, retention, even their prime "Venture" dept. (by accident- I got trsfrd there). It doesn't matter. They each swear up and down that what they're telling me is right, and yet completely different from what the previous person told me. Grrr.

One of my Cap Ones has no AF, so I would like to keep it. But the CL is only $500. I can't get a straight answer from them to know what to expect for CLIs on this card. I, ever optimistically, do hope to see something from them.

Re: Cap One CLIs

notmyj — Thu, 08 Dec 2011 05:28:33 GMT

When my CapOne card went from 750 to $2250 at the 15 month mark I got an email stating I had a new document. When I logged in I saw my limit at $2250, the document was the notice that it had gone up. A week later I got the same notice in the mail.

Yes CLI's do happen with CapOne. But there seems to be no rhyme or reason for it.

Re: Cap One CLIs

namvet — Thu, 08 Dec 2011 05:28:45 GMT

The Cap One credit steps has a start and end date. Info about the program is somewhat in a gray area. As long as you are enroled in the steps program you will be eligible for a CLI. When and how much is controlled by Cap One depending on how you handle your account. Calling them doesn't seem to do anything positive. Pay on time and don't max out the card and you should see regular increases in your CL.

Re: Cap One CLIs

Anonymous — Thu, 08 Dec 2011 05:28:57 GMT

They sent me an email yesterday telling me they gave me a CLI on my secured CC .... a whopping $100 This was right after my 7th statement cut!

Re: Cap One CLIs

bichonmom — Thu, 08 Dec 2011 04:52:56 GMT

Does anyone know how the top got changed from CLIs to "Clips" and how I can change it back? Thanks!

Re: Cap One CLIs

Anonymous — Thu, 08 Dec 2011 05:16:28 GMT

there's only a couple posts that show as "CLIps"...I wouldn't worry about it

Re: Cap One CLIs

MarineVietVet — Thu, 08 Dec 2011 05:33:01 GMT

@bichonmom wrote:
Does anyone know how the top got changed from CLIs to "Clips" and how I can change it back? Thanks!

I changed them for you. If you ever want to edit your own title and/or post go to your post and to the right you'll see "Options." Click on "Options" and select "Edit Message" from the drop-down menu.

Sometimes other posters will edit the title of a thread (Very disrespectful to the originator of the thread IMO) and sometimes it's just a mystery.

--MarineVietVet, myFICO moderator

Re: Cap One CLIs

bichonmom — Thu, 08 Dec 2011 05:54:22 GMT

Marine,

Thank you! I know about the edit function, but didn't realize that's how you change the subject line, too.