Hi Everyone, as the title states I was approved for another Capital One increase. This time the increase was for $750. My starting limit at the of request was $8,300 and is now $9,050.
My prior CLI was exactly six months ago, and at that time I was granted a $3,000 CLI, which is not common for Capital One! I suppose my hot streak with them may be over, and I am fine with that! Admittedly, I spent quite a bit less in the last three months. I would say close to half compared to prior spend so I am sure this had an impact.
I toyed with the idea of getting input from the forum before I requested the increase, but decided against it. I know when COVID first hit, Capital One served up quite a bit of CLD's. It appears they targeted credit limits starting at $10k and higher. I knew I had an opportunity for an increase coming up, and I wasn't sure I wanted to go over $10k. This way I do not have to worry about "economic trends" - I do use the card but maybe not enough to justify a $10k limit. So I rather not lose all that has been gained.
So it's a tough one whether I will leave the card as is. It started off at $3500 and I was able to bump it quite a bit in a short amount of time (since late 2020).
Anyway, let me know if you would like me to link my prior approvals.
EXP8 793
TU8 778
