Is Capital One jerking me around on a CLI

[SweetCreditObsession]

The limit and age of the card indicates it is likely bucketed. With that being said it's got an age that makes it worth keeping open. Use it for a small autopay and sock drawer it. If you open a separate account with CO, you'll get a much better CL.

[Papa_Bear]

Capital 1 is weird. DW has carried a balance on her card for the last 3 months. Out of the blue, they gave her a $500 CLI. Meanwhile, my son can't get his CLI to budge and he's had his card longer. Who knows what goes on in their head?

[AverageJoesCredit]

I think people expect too much out of Capital One. Its a given that they usually pull all 3 bureaus,  give low limits and cli are notoriously difficult to get. And yet people continue to want multiple cards and keep playing out same scenario 😒. Imho i would use them as a jumping point to better cards or use the card one has organically and let the chips fall where they may with regards to cli. Sorry, its 3 Kings Day , im home alone and on 2nd cup of☕☕ and   my name is not Kevin!😄

[Anonymous]

Just another classic starter/bucketed card situation here.  Whatever the denial letter says isn't worth the paper it's printed on.  All it should really say is, "This is a starter/bucketed account and thus will never receive a CLI and in the rare event that it does it will be extremely tiny."

[john316]

@rostrow416 same thing happened to me last month.  I waited 2 days later in the month than any previous statement for the entire year and got hit with a 95% utlization.  Dropped my score 30-45 points a week before I initiated a refi on my house.  I was livid!  Luckily, I had enough margin to still get the prevailing rates, but they got me good.  I'd close the dang thing, but it's somewhere around 10 years old for an account.

[HeavenOhio]

@Anonymous, two things are at play here. One is that this card is likely stuck in a starter bucket and is unlikely to grow by much no matter what you do. The second is that QuicksilverOne cards are notoriously hard to upgrade to no-fee cards.

QuicksilverOne upgrades have happened, though. The one thing they have in common is that the cards have had regular usage. Heavy usage isn't necessary. I was able to upgrade two of these after 12 or 13 consecutive months of usage and payments.

If you want to keep the card, use it each and every month and make a payment each and every month. If you'd like, it's OK to simply make a single charge once a month and pay it off right away. Or you can use the card as much as you'd like.

After you've gotten a few consecutive months of usage and payments, start calling each and every month to see if upgrade offers are available. If you have an offer to upgrade to a no-fee card, don't be picky about which product it is. If you're offered the mediocre VentureOne, take the offer. Once you've escaped the fee and given yourself at least six months, chances are decent that an offer to upgrade to a (no-fee) Quicksilver will appear.