I got this exact same response just 1 day ago on my CLI request for one of my cards. I got a $3,000 increase on my QS1 card but my Venture1 came back with that generic response. Personally I think they’re trying to evaluate who’s paying their bills, how often, & how much. Right now it seems like less is more when using the cards. I say this because I rarely use my QS1 card (got the increase), but have put over $4,000 through my Venture1 card in less than 3 months (PIF)(no increase).
@Remedios wrote:
@Anonymous wrote:
Got declined on my CLI. Here is the only reason given:
“· A credit limit increase is currently not available upon request because Capital One is evaluating account activity at assigned credit limits.”
Does this simply mean the card is too new? Now with my Amex Gold and BBP the Venture One has become not even a secondary card except for possibly a large purchase as I have the $7K CL and since still in first year I can lay over time with no interest charges. However, most of my spend will now go to Gold and BBP.
Are they telling me I need to spend a lot in order to get the CLI? In the four months since it’s been open I’ve spent about $5,000 total.
Thanks!On a $7k card, it's going to take a bit more than $1250.00 per month in spend to get a decent CLI from Cap1.
I am not sure if doing that would make sense for you financially
