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Credit one bank increase after 1st statement.

matthewandalex59
Established Member

Credit one bank increase after 1st statement.

Credit One bank reported for the first time on friday with automatic increase from 300 -> 450 which is nice after 1 statement.  The real odd thing is score only went up 3 points.  When my capital one reported last month it went up 35 points.

EX- 06/01/17 678.
EX- 02/1/2017 647
Ch.7 Discharged 3/24/2016
3/25/2016 573 -EX 3/02/2016 516 -EX
3/17/2016 539 -TU 3/02/2016 480 -TU
3/17/2016 588 -EQ 3/02/2016 548 -EQ
Message 1 of 6
5 REPLIES 5
0REDSOX7
Valued Contributor

Re: Credit one bank increase after 1st statement.

On such a low limit, these baby increases don't really impact your score much at all, but, congrats on the CLI.

Might be the last one you get for a while with them...
BK Discharge 2/11/14

Currently in the garden.
Message 2 of 6
matthewandalex59
Established Member

Re: Credit one bank increase after 1st statement.

I didnt mean the CLI increasing score, the actual first time the CC reporting on the report.  When my CO did that last month score skyrocketed.

EX- 06/01/17 678.
EX- 02/1/2017 647
Ch.7 Discharged 3/24/2016
3/25/2016 573 -EX 3/02/2016 516 -EX
3/17/2016 539 -TU 3/02/2016 480 -TU
3/17/2016 588 -EQ 3/02/2016 548 -EQ
Message 3 of 6
0REDSOX7
Valued Contributor

Re: Credit one bank increase after 1st statement.

Oh, sorry, misunderstood your post.

What's your Cap One limit? I'm willing to guess your current profile is thin, and coupled with the inquiry, new account and low limit, the net increase won't be that great.
BK Discharge 2/11/14

Currently in the garden.
Message 4 of 6
kugel
Valued Contributor

Re: Credit one bank increase after 1st statement.

If I will add funds like $3000 more to increase my credit line In my secured credit card
Will this increas my score ??
I am in a rebuilding process
I have a us bank secured $2000
Cap 1 $500
Credit one $700
Message 5 of 6
kugel
Valued Contributor

Re: Credit one bank increase after 1st statement.

I do have 1$ utilization
Message 6 of 6
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