@ToofDoc wrote:
@Horseshoez wrote:I've been reading lots of CLI reports coming from CapOne card holders, and my unofficial tally suggests "requested" CLIs are kinda-sorta capped at about 10%, however, for those using their cards on a regular basis and don't ask for a CLI, the Auto-CLIs can be fairly substantial. The kink with the Auto-CLIs is you need to let much more time elapse before you get them.
In my case, I opened a Quicksilver in December and requested a CLI in April; yup, 10%. I don't even remotely need a higher credit limit so I'm just going to continue using the card and see what happens in the 6-month to 1-year time frame; I'll of course report back if/when something happens.
Do you spend/charge right up to your SL and pay off in full before statement cuts or do you have a monthly balance?
And what is your SL now?
I charged whatever it was I needed and when I needed it. I don't think I ever got to the absolute top of my limit, but I got close to it a few times. As for what I've been paying off, typically I pay each of my cards in full just prior to each due date, and then by the time the statement is cut, there may or may not be a few new charges which show both on the statement and get reported to the credit bureaus.
Regarding my credit limits, my SLs were $5,000, $3,000, and $6,000 for the TDCash, Quicksilver, and Platinum Rewards cards respectively; they're a little higher now as I've gotten a few CLIs, but honestly, I have more than enough credit than I can use in the foreseeable future.
Man they're stingy. I have had a platinum card with them for 5 years with a limit of 500. I just asked for an increase and they only gave me 100 more.
