joke CLI offer from CapitalOne

Anonymous · ‎05-28-2017

Decided to check a few cards which have no set timeframe for CLI's today, and CapitalOne QS has been stuck at 9k for about 1.5 years - always denied since the 2nd CLI for lack of use.

I haven't used it since I think January this year (so 4-5 months) but figured what the hey... it actually came back with an increase offer!

....of $750 more, so $9750 total.

I passed. Anectodal evidence here suggests that if you reject an offer and check again a bit later the CLI amount will be higher - can anyone attest to that happening recently?

While I have no use for this card anymore, $750 CLI does seem a bit of a joke when the first two were 3k each.

Anonymous · ‎05-28-2017

@Anonymous wrote:
Decided to check a few cards which have no set timeframe for CLI's today, and CapitalOne QS has been stuck at 9k for about 1.5 years - always denied since the 2nd CLI for lack of use.

I haven't used it since I think January this year (so 4-5 months) but figured what the hey... it actually came back with an increase offer!

....of $750 more, so $9750 total.

I passed. Anectodal evidence here suggests that if you reject an offer and check again a bit later the CLI amount will be higher - can anyone attest to that happening recently?

While I have no use for this card anymore, $750 CLI does seem a bit of a joke when the first two were 3k each.

They did that with me... A month later, they gave me a much larger CLI... Wait til next month and try it again!

Anonymous · ‎05-28-2017

Hey...good luck...I hope you get a higher offer. Please update this thread if they do. I am due on the 8th of June...I would like to know if this theory worked for you...thanks..

Anonymous · ‎05-28-2017

I was offered a $100 CLI...but then again my profile is far thinner than your's

CreditCuriosity · ‎05-28-2017

If you aren't using the card what incentive does Cap1 to offer you a higher one? I would of taken it and ran .

AverageJoesCredit · ‎05-29-2017

+1 CC

If a card isnt being used why would Cap One want to give 3k+ additionally so it can just sit there. Cap One has been a different beast lately with credit limits and id imagine they expect usage. 9k to this average joe seems ok for some utilization padding

TiggerDat · ‎05-29-2017

Good luck..... You'll need it. CapOne is weird.

It is by will alone I set my mind in motion.....
Always follow these rules: Only take a HP for a new account. Always use the best rewards card for that reward category. Don't close a card unless you know you really should. Never use more than 35% of a credit limit. Recon as much and as best you can. Use the introductory period to the best advantage. Get the signup bonus. Whenever possible PIF or balance transfer so you pay less in interest. Never give an excellent rating when it is actually the norm. Always look for a discount as more is always better.
Always accept candy from strangers because they have the best candy or from people you know have good candy.

Anonymous · ‎05-29-2017

I don't think they are being weird, I think they are making decisions based on business. No more are the days of handing out cli like candy just because you ring the doorbell. They don't want tricks (CL for padding), they want treats (CL being used and paid accordingly). 😂

Anonymous · ‎05-29-2017

It's true, they have no reason to... But my curiosity lies in the fact that suddenly over a year after the last CLI they offer me a joke increase instead of another denial due to lack of use of current credit limit.

Anonymous · ‎05-29-2017

Perhaps their $750 CLI offer was an attempt to find a happy medium between no CLI again and a strong CLI in hope that it could give you a different view of the card, perhaps picking it back up and starting to use it again.

My personal experience with CO has always been no CLIs unless I'm using their card heavily. And, since I have no need or desire to use their products heavily, I always get denied for not using my existing credit limit enough. My only CO card has been in the SD for a while now.