@Anonymous wrote:
@MyLoFICO wrote:I don't know about that. I would love a difinitive answer though. It is very frustrating having spending like this and getting $250 increases. QS is 4900 limit and Spark is 1750. $11775 in 30 days and I have numbers like this going back a year readily available, longer if I take the time to pull the history. The QS1 is 7 years old.
What don't you know? As with all credit situations, things can vary from profile to profile as we all know. Sure there are examples of people with a limited spend getting monster CLIs while there are examples of people with monster spends getting minimal CLIs. However, if you look at enough data points I think most would agree that the general trend is that more use usually equates to better CLI chances. Again, it all goes back to profits for the creditor. Naturally there are always going to be exceptions and outliers though.
For instance, with Synchrony I have huge limits and not a lot of spending. Capital 1 though acts like I am asking to take Fort Knox on an extended vacation. What I don't know is what they expectof me to garner those big CLI's. I would pee my pants id I got a $3k CLI from them. Never gotten more than $750 in 7 years. Of course, if we knew we could tailor our patterns and possbily take advantage. But, my sister who is almost a year out of Chapter 7 has 2 Cap 1's with higher limits than mine and she get $2-3k cli's. I'm just saying, I can emptahize with the OP in their frustration.
@Anonymous wrote:
@MyLoFICO wrote:For instance, with Synchrony I have huge limits and not a lot of spending. Capital 1 though acts like I am asking to take Fort Knox on an extended vacation. What I don't know is what they expectof me to garner those big CLI's. I would pee my pants id I got a $3k CLI from them. Never gotten more than $750 in 7 years. Of course, if we knew we could tailor our patterns and possbily take advantage. But, my sister who is almost a year out of Chapter 7 has 2 Cap 1's with higher limits than mine and she get $2-3k cli's. I'm just saying, I can emptahize with the OP in their frustration.
What were your scores at the time you were approved for Capital One? I'm assuming they were lower than the scores in your sig, which could very well mean that you were approved on less than stellar terms. I too fall into this category. When this happens, Capital One will never forgive that account. You or I could open up another Capital One account tomorrow and they'd probably give a SL of 2X-3X whatever your current limit is with them and because it's opened on better terms it will be allowed to grow as well.
Normally I would agree. I had 2 QS1's. An old one, a new one and a Spark Visa. All low SL and low CLI's. I merged the QS1's and when I try to preapprove I get this error below and nobody can tell me what is wrong. I am not opted out. I get offers from other companies.
