topic Re: requesting higher limits from capitol one in Credit Cards

requesting higher limits from capitol one

Anonymous — Wed, 02 May 2012 21:52:05 GMT

if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?

Re: requesting higher limits from capitol one

namvet — Wed, 02 May 2012 22:10:09 GMT

@Anonymous wrote:
if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?

There are many posts on this site about your question. Most say it's a waste of time to ask. You will get a hard pull inquiry if you apply for a new card. You are being soft pulled all the time now.

Re: requesting higher limits from capitol one

Anonymous — Wed, 02 May 2012 22:28:13 GMT

Whenever I try, I get the same answer.. "Capital One is not accepting customer initiated requests at this time." And I've never heard of anyone being approved for one at a request. It's like winning the lottery to get an auto-CLI from them, so I wouldn't count on it. If your card is in the "steps program" that's probably the only increase you'll see.

Re: requesting higher limits from capitol one

LS2982 — Wed, 02 May 2012 22:46:25 GMT

@Anonymous wrote:
if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?

You can request, it can sometimes lead to a HP but it is more than likely SP. If I were you, I wouldn't even try, the success rate is probably 0000000000000000.1%

Re: requesting higher limits from capitol one

dude11 — Wed, 02 May 2012 23:12:17 GMT

@LS2982 wrote:
@Anonymous wrote:
if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?
You can request, it can sometimes lead to a HP but it is more than likely SP. If I were you, I wouldn't even try, the success rate is probably 0000000000000000.1%

That equals 10%. Maybe you meant 0.00000000000000001% ? LOL sorry if I'm being a jerk, just couldn't resist.

Re: requesting higher limits from capitol one

Anonymous — Wed, 02 May 2012 23:49:41 GMT

@dude11 wrote:
@LS2982 wrote:
@Anonymous wrote:
if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?
You can request, it can sometimes lead to a HP but it is more than likely SP. If I were you, I wouldn't even try, the success rate is probably 0000000000000000.1%
That equals 10%. Maybe you meant 0.00000000000000001% ? LOL sorry if I'm being a jerk, just couldn't resist.

Read it again, it is 0.1%

Re: requesting higher limits from capitol one

dude11 — Wed, 02 May 2012 23:56:40 GMT

@Anonymous wrote:
@dude11 wrote:
@LS2982 wrote:
@Anonymous wrote:
if i request a higher limit from capital one will that result in a new inquiry or will it just be a soft pull?
You can request, it can sometimes lead to a HP but it is more than likely SP. If I were you, I wouldn't even try, the success rate is probably 0000000000000000.1%
That equals 10%. Maybe you meant 0.00000000000000001% ? LOL sorry if I'm being a jerk, just couldn't resist.
Read it again, it is 0.1%

DOH!!!! The % sign. NOOOOOOOOOOO!!!!!!. Ok 0.1 would equal 10%. I'm laying off the tall cans for today. Let's continue.

Re: requesting higher limits from capitol one

Creditdreamer — Thu, 03 May 2012 00:12:51 GMT

I agree with LS. The likelihood of them approving a CLI is extremely low. However, they (backdoor number) always let me ask and do a SP while I'm on the phone. And I have a secured card which probably has an even lower % chance than the regular cards. At the 6 month mark, I'm going to call the Senior Escalation Mgrs as LS suggested in another thread to see if I can get a CLI.

Re: requesting higher limits from capitol one

cabronsaim — Thu, 03 May 2012 01:14:47 GMT

Correct me if im wrong but I believe there is only one answer to this question:

If you ask for a CLI, they may say: "sure, we can run it" but at the end it all comes down to a "sorry we cant" followed by a letter that clearly states that CAP1 customers request's for CLI are not allowed and, untill further notice, ALL CLI's from CAP1 will happen when THEY decide its your turn...

Re: requesting higher limits from capitol one

scottwagnon — Thu, 03 May 2012 01:15:59 GMT

NEVER GONNA HAPPEN. DONT DO IT! ask for a purchase apr reduction instead, they are really good about this.

Re: requesting higher limits from capitol one

Creditdreamer — Thu, 03 May 2012 01:58:32 GMT

My letters don't say they're not allowing customer initiated CLIs. Mine says not enough history with CapOne.

Re: requesting higher limits from capitol one

Anonymous — Thu, 03 May 2012 02:05:15 GMT

You have a better chance of getting President Obama to agree to try to give birth to an elephant!

Re: requesting higher limits from capitol one

Brian_Trying_700 — Thu, 03 May 2012 02:07:43 GMT

Sorry. I had to skip the forum replies. Capital one always does hard pull on your credit report asking for a cli "credit limit increase'. There customer service don't even know a H.P from a S.P. Pay in full and they will sometimes will give you a CLI automatically My 2 cents.

Re: requesting higher limits from capitol one

Anonymous — Thu, 03 May 2012 02:16:17 GMT

@Brian_Trying_700 wrote:
Sorry. I had to skip the forum replies. Capital one always does hard pull on your credit report asking for a cli "credit limit increase'. There customer service don't even know a H.P from a S.P. Pay in full and they will sometimes will give you a CLI automatically My 2 cents.
.

I have asked for a CLI countless times, I can't even remember how many times I have. I have never had them do a HP on my reports, they only do soft pulls...I'm not sure where you read they only do HP's, I would have to disagree with this 100%.

Re: requesting higher limits from capitol one

Anonymous — Thu, 03 May 2012 02:30:33 GMT

isn;t there an automated system at capital one you can request increase with?

Re: requesting higher limits from capitol one

Brian_Trying_700 — Thu, 03 May 2012 02:35:04 GMT

Logan-720. Thanks for clearing that up. Your right and I'm wrong. I just looked at my Credit record from 3 years ago and it was a soft pull. I'm sorry for the misleading information to everyone. I'm calling Cap 1 for a cli now. I can't because I'm in the garden, which is considered a timeout for me.. Thanks for bringing that to my attention and everyone else's. It is a Soft pull.

Re: requesting higher limits from capitol one

Anonymous — Thu, 03 May 2012 02:56:31 GMT

my credit sucks, but Cap One gave me a CLI from $500 to $2,000 out of the blue back in 2011

Re: requesting higher limits from capitol one

Creditdreamer — Thu, 03 May 2012 03:15:14 GMT

@ hateAshbury: What was the history on the card at the time (age, avg util, etc)?