@Anonymous wrote:
I recently received 2 Capital One QS cards with credit limit amounts of $1000 and $500 since I received them I've been using them for everyday expenses including grocery shopping, movies dining out etc.. Over the past 7 days I've spent upwards of $1,000 on both cards and paid the balances off as soon as they reflect on the CO online app. I'm curious does Capital One look at spending habits when deciding on credit limit increases? My short term goal is raise my credit limits as much as possible while keeping my utilization as low as possible. I really hope I'm utilizing properly in order to receive a sizable CLI when I request it in another 2 months. I figure I'll hit the luv button after 3 months and see if they'll approve an increase and the wait for my 6 month CLI. Any advice on how to get the best CLI from CO?
Yes Capital One does like to see this type of behavior whith their cards. I had three of their cards, and I have seen them increase within the first three months and againwith the credit steps. I used the crap out of them all. My QS1 500-1500-2000, Platinum 500-600-1100, I should of declined the 100 increase at the three month mark. My Sony 500-1000-1500 all within six months. I am expecting my next increase around the holidays when I hit the Luv button.
Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.
