Capital one EO called

[Anonymous]

I recently asked for my Quicksilver cards (2) to get a CLI, went through the website but also sent EO an email requesting CLI with reasons and my info.  Cap 1 online obviously denied my request which I kind of knew would happen since its hard to get a CLI through requesting online.  But I recieved a call back from EO today.  He stated he would put through to his underwriters to take a look at my report (soft pull) and call me back in a couple days to see what he can do.  He initially asked what amount I was looking for and I told him 4k on both (2k and 1.5k currently), he asked if I would be willing to take partial increase in which I did tell him that would be fine as well.  I have had the cards for about 8 months and never missed a payment, utilization is somewhat high 2600/3500.  I also have an auto loan from Capital one as well.  Fico Scores are in sig.  Is this a good sign or bad sign that he sent to underwriters rather than looking up himself?

[Anonymous]

im thinking of doing this too...i hope you have success!!

[Anonymous]

I will keep you posted.

[CreditCuriosity]

Bet they will give you the increase as they want you to carry a balance, interest for them.. Anyone else then Cap1 I would say it won't happen.. Cap1 loves people carrying balances for interest.. Best of luck, report back.

[Anonymous]

Thanks!  Barclays denied me due to my credit card (cap 1) utilization, I really need to get it down.  

[Anonymous]

I did the same but recieved an email with a number to call the EO csr, I called and was told the same.

Good luck keep us posted.

[Anonymous]

I'm not familiar with the term EO - how do you get an email address? Sorry for the newbie question (I did look in the abbreviations FAQ!).

[Anonymous]

EO = executive office.  I am unsure if we are allowed to post emails or not on this forum, but go to google and type in capital one executive office email and you should come up with it. 

[Anonymous]

I went through this exact process about a week ago (trying to get a CLI through EO).

I believe it's standard that the EO takes your information and then passes it along. I asked for an increase to $5,000, and consented to a partial increase. A couple of days later my credit limit was showing as $2,000 in my Capital One account online. There was no further communication from them after the initial call back to take my information and discuss the amount I wanted.

Good luck!

[dobirdsmommy]

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@CreditCuriousity wrote:

Bet they will give you the increase as they want you to carry a balance, interest for them.. Anyone else then Cap1 I would say it won't happen.. Cap1 loves people carrying balances for interest.. Best of luck, report back.

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Agree 10000000% with this. Capital one turned my 20k limit to card down 3 times for CLI UNTIL I charged most of disney in November and December to it and didn't PIF. They made interest I had 5k limit in January I asked for 25k they countered 20k.  Amazing.