@Anonymous wrote:
Ok, so I have a Captiol One Quicksilver One that started out with $1000 in April. I've heard some people talk about the "credit steps" Cap1 does (usually with a lower limit though, right?) and since I never got anything telling me I was in the program when I first applied I just assumed I wasn't because of the limit they started me out with. A few months after I was using the card they sent me an email saying that if I paid my first 5 payments on time that they would up my limit to $1500. OK, so I guess I am in credit steps. lol
Anyway, I pumped a lot of money into this card and paid it off over and over multiple times a month. During the begining of July I got some luv from them to the tune of $3500. Cool! The problem is now I'm itching for another increase but it's only been a little over a month since the last one. Should I wait to hit the luv button again since my credit limit steps increase is set to kick in next month? I kind of want (and can totally handle) a larger limit than an extra $500. I tried searching on the forum if anyone knew how often you can hit the luv button but the last post I read was that you could hit it monthly and if you are eligible they will give you an increase. Anyone know if this is correct? And if I pull the trigger and hit the luv button does anyone know what bureau they sp? I have my EX and EQ frozen over some fraudulent stuff so the only one open at the moment is TU. I think I read they sp EQ so if anyone knows for sure it would be of great help! I would hate to have to unfreeze them just to have to freeze them again. Thanks!
cap1 has a pretty hard rule about requiring 6 months between consumer requested CLI, you can, of course, request another CLI because it is a SP but expect to get a letter stating "not enough experience with current credit line" or something along those lines. Your requested CLI won't effect your steps eligibility.
