Approved for cli but have a question

[Mayn]

I logged in to cap 1 for luv. Qs1 was offered a bump from 600-1850, 1250 increase. Take it or wait? I've heard some say wait it out for larger. Yay or nay? Thanks in advance.

[CountryLivin]

I'd take it, cause things happen and it could always go the other way too.

[MrsCHX]

I think the 'wait' is for small CLI...like a couple hundred dollars. You've just tripled your credit limit. I think that's pretty good.

[Mayn]

Ok thank you. I did end up taking it last night.

[blunderer]

WTG!!!

I think you made the right decision 

[Mayn]

Thanks, j figured the same thing about the 3 x increase. Even though not as high as I wanted, still pretty good. If I get another 3x next time then I'll be happy. 6 more months lol.

[Anonymous]

I definitely think you did the right thing. I received one small ( 1k ) CLI on my QS after about 6mos, 15k to 16k ( I'm not complaining about my 15k SL!!! ). I have had my Spark Business card with them for 11 years and have never been granted a CLI (no missed payments and always PIF), but I don't put much spend on it because I have better rewards cards. The sole reason given for CLI denial is that I "do not use enough of current credit limit." So, in my experience, Cap One likes to see heavy usage.

[RonM21]

Congrats on taking the increase!