topic Re: I'm Done with CAP1- EO Response to Higher CLI in Credit Cards

I'm Done with CAP1- EO Response to Higher CLI

NYFan63 — Tue, 28 Oct 2014 03:18:21 GMT

I contacted CAP1 EO to inquire about obtaining a hugher CLI than the $500 I denied online. I called and gave them all of the info they requested- checked online this evening and what did they give me - $400!!! What a friggin slap in the face! I am moving my savings to Barlcays -

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 03:21:47 GMT

@NYFan63 wrote:
I contacted CAP1 EO to inquire about obtaining a hugher CLI than the $500 I denied online. I called and gave them all of the info they requested- checked online this evening and what did they give me - $400!!! What a friggin slap in the face! I am moving my savings to Barlcays -

So, they give you a 80% CLI and it's not enough?

Do what you feel is necessary and good luck to ya.

Re: I'm Done with CAP1- EO Response to Higher CLI

NYFan63 — Tue, 28 Oct 2014 03:29:53 GMT

No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 03:42:25 GMT

@NYFan63 wrote:
No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post

Ah okay.

So $900 on top of $1,600 for $2,500.

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 03:45:48 GMT

that's certainly more that what I got on my ventureone card, which was big fat zero

*capital one website : requested CLI

-result : no

*capital one online chat : requested CLI

-result : nein

*capitalone CSR via call : requested CLI

-result : nyet

*capital one EO : requested CLI

-result : nej

Re: I'm Done with CAP1- EO Response to Higher CLI

NYFan63 — Tue, 28 Oct 2014 03:46:59 GMT

Oops - it's late - bc they gave me $500 with the CLI luv button - I declined it in hopes of getting a higher CLI - they gave me $400 - so an increase from 1600 to 2000- sorry I should have been more clear

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 03:49:13 GMT

@NYFan63 wrote:
Oops - it's late - bc they gave me $500 with the CLI luv button - I declined it in hopes of getting a higher CLI - they gave me $400 - so an increase from 1600 to 2000- sorry I should have been more clear

That freakin' blows, duder.

I'd talk to them again.....or hit the CLI button again and see if the $500 comes up again..

Re: I'm Done with CAP1- EO Response to Higher CLI

lg8302ch — Tue, 28 Oct 2014 03:56:10 GMT

@NYFan63 wrote:
No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post

So they did 1,6K to 2K? Sorry but you cannot expect 1,6K to 10K....just ask every 6 months ...slowly step by step...work your way up ..it is not Amex with 3x CLI. Good luck!

Re: I'm Done with CAP1- EO Response to Higher CLI

jsucool76 — Tue, 28 Oct 2014 05:46:33 GMT

@lg8302ch wrote:
@NYFan63 wrote:
No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post
So they did 1,6K to 2K? Sorry but you cannot expect 1,6K to 10K....just ask every 6 months ...slowly step by step...work your way up ..it is not Amex with 3x CLI. Good luck!

Doesn't really work like that for everyone either. I started at 3k on my cap1 card, got a credit steps CLI to 3500, around 2 years ago. Every CLI request has been denied since then, even through the EO. Their only reason is that "Your credit score is not high enough" but they always use a pull from 3-5 months before my CLI request.

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 05:52:28 GMT

@NYFan63 wrote:
Oops - it's late - bc they gave me $500 with the CLI luv button - I declined it in hopes of getting a higher CLI - they gave me $400 - so an increase from 1600 to 2000- sorry I should have been more clear

No, no. You were perfectly clear and out there. Someone has been hitting grandpa's cough medicine perhaps.

Re: I'm Done with CAP1- EO Response to Higher CLI

SunriseEarth — Tue, 28 Oct 2014 06:09:06 GMT

@NYFan63 wrote:
Oops - it's late - bc they gave me $500 with the CLI luv button - I declined it in hopes of getting a higher CLI - they gave me $400 - so an increase from 1600 to 2000- sorry I should have been more clear

Which begs the question of why you didn't accept the CLI and then call the EO. In any case, I think considering that you have three cards with Cap One and a few other generous CLs with other lenders, maybe you've hit whatever your exposure limit is with Cap One. I'm not really sure what to tell you, other than IME, Cap One doesn't like to be the outlier CL. I would consider pruning some of the Cap One CC if you have any redundant products with them.

Re: I'm Done with CAP1- EO Response to Higher CLI

NYFan63 — Tue, 28 Oct 2014 10:21:40 GMT

@lg- I requested a CLI increase to $5k from $1.6k considering I have higher CL's with NFCU ($22k), Barclays ($10k), and DCU ($5k)

@arditr- ha- grandpa's cough meds must be pretty good

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 10:43:18 GMT

Wait. So, you did a LUV button CLI and got $500. You figured that maybe you could squeeze a bit more if you contacted the EO and instead of giving you more, they actually reduced it by $100? That pretty much it?

Re: I'm Done with CAP1- EO Response to Higher CLI

NYFan63 — Tue, 28 Oct 2014 10:46:40 GMT

I declined the Luv button CLI of $500 in hopes of getting more - instead they slapped me in the face with $400 CLI.

Re: I'm Done with CAP1- EO Response to Higher CLI

Chris679 — Tue, 28 Oct 2014 11:33:25 GMT

@lg8302ch wrote:
@NYFan63 wrote:
No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post
So they did 1,6K to 2K? Sorry but you cannot expect 1,6K to 10K....just ask every 6 months ...slowly step by step...work your way up ..it is not Amex with 3x CLI. Good luck!

My first CLI from Cap One was 6x from $500 to $3000 and the second was 2x up to $6000. I think for OP a bump to $3-5000 would be reasonable and I would probably be a bit pissed also.

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 11:57:08 GMT

There is something about your credit report or usage that is spooking Cap1. They don't seem to give out credit too easily. And don't expect them to give you a high credit line because another bank did. Each bank has their own lending criteria. If you want a higher credit line from Cap1, use your card and PIF each month. Try hitting the luv button again in 6 months, but don't decline whatever they offer next time.

Re: I'm Done with CAP1- EO Response to Higher CLI

CreditCuriosity — Tue, 28 Oct 2014 12:50:20 GMT

@jsucool76 wrote:
@lg8302ch wrote:
@NYFan63 wrote:
No - my CL was 1600 on one of three Cap1 cards - they gave me $500 CLI online when I submitted a CLI request- called EO - they gave me $400

i guess I wasn't clear enough in my initial post
So they did 1,6K to 2K? Sorry but you cannot expect 1,6K to 10K....just ask every 6 months ...slowly step by step...work your way up ..it is not Amex with 3x CLI. Good luck!
Doesn't really work like that for everyone either. I started at 3k on my cap1 card, got a credit steps CLI to 3500, around 2 years ago. Every CLI request has been denied since then, even through the EO. Their only reason is that "Your credit score is not high enough" but they always use a pull from 3-5 months before my CLI request.

----

Exactly what they have been doing to me via the automated CLI buttom, scores from 3 months ago with big changes since

Re: I'm Done with CAP1- EO Response to Higher CLI

wacdenney — Tue, 28 Oct 2014 15:04:42 GMT

Par for the course for Cap 1

Re: I'm Done with CAP1- EO Response to Higher CLI

Anonymous — Tue, 28 Oct 2014 15:10:05 GMT

@wacdenney wrote:
Par for the course for Cap 1

I dunno, they seem to be changing their tune...

At least if your score is mid 700's+ they are... Ha.

Re: I'm Done with CAP1- EO Response to Higher CLI

Dw4250 — Tue, 28 Oct 2014 15:55:14 GMT

I have long since given up trying to figure out how Capital One makes its CL decisions.

A few months ago, I asked for a CLI for my QS1, which was/is currently at $2K. Denied. Tried recon. Denied again. Scores at the time were all in the 700's; UTL was ~1%.

The next week, I applied for the Venture Card...instantly approved for $10,000. Go figure!