Capital One CLI - $50k limit!

[Anonymous]

Not sure if this is the right place to post. My apologies if it isn't.

I set a reminder 180 days ago to request a CLI on my Capital One Spark. Today was the big day. Filled out CLI request via the site and BAM! Immediate $10k CLI! I opened the card about a year ago with a $30k SL and have gotten $20k in CLI since then. Capital One isn't so bad after all.

[egold1234]

How much do you run a month through yours? I'm running $15-20k a month and stuck at a $15k limit. But a $25k limit on a personal Quicksilver card 🤷‍♂️

[Anonymous]

@egold1234 I'm running anywhere from $45k-$65k per month.

[19eighty5]

Congratulations on your CLI!

[Anonymous]

Congratulations that’s a great limit. Any DPs?

[Anonymous]

[quote] I'm running anywhere from $45k-$65k per month. [/quote]

How often / how are you paying this?  Twice a month?

[Anonymous]

Some DP:
Based on CK, I have a 823 TU and 817 EQ.
Discover FICO 8 TU 772.
Citi Bankcard score 8 EQ 777.
Single card highest utilization at 19% (Spark).
Combined utilization at 7% (AZEO; Could bring down to below 1% but I don't plan to apply for anything anytime soon).
Oldest account 18 years 10 months.
AAoA 4 years 8 months.
Newest account 5 months.
I recently paid off my mortgage so scores dropped 20+ points across. I don't have any installment loans now.

@richard_kiel With my previous CL of $40k I was paying off balance 1-2 a month. Once mid cycle and once before statement cut to keep utilization low. With new CL, I'll just pay before statement cuts or if my spending exceeds $50k, I'll make mid cycle payment.