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Cap 1 Auto CLI

JGGM
Frequent Contributor

Cap 1 Auto CLI

Just wanted to share: I have a Cap1 QS1 that I have had for 2 years - it was my first decent card when I was just starting to rebuild (mid 500s for scores). Original SL was $1,000. After about 9 months it grew to $2,000. I don't use the card much any more (basically just recurring monthly charges for my phone and car insurance). It's always been PIF'd. Yesterday my annual fee hit the account, so just like last year, I hopped on live chat to see if they could remove that fee, and they did (for a second time now). I got an email this morning from Cap1 saying they've increased my credit line to $5,000 - the smallest credit line I have still. 

 

From seeing other posts, I'd imagine the card will max out at this credit line. So for now, it'll just sit there and have its $200/month charged to it. People can say what they want about Cap1, but for me - they gave me a chance when other lenders would not, and they've helped me grow into better cards. 

Current Score 6-11-20: TU: 821 EX: 837 EQ: 813
Goal Score:ACHIEVED - 800 Across the Board
In My Wallet: Cap1 QS - PenFed Power Cash Rewards - PenFed Promise - AmEx Delta Gold - AmEx Platinum - DISCO - NFCU Cash Rewards - AmEx Simply Cash Business - Chase Sapphire Preferred

Message 1 of 5
4 REPLIES 4
Cheryla18
Established Contributor

Re: Cap 1 Auto CLI


@JGGM wrote:

Just wanted to share: I have a Cap1 QS1 that I have had for 2 years - it was my first decent card when I was just starting to rebuild (mid 500s for scores). Original SL was $1,000. After about 9 months it grew to $2,000. I don't use the card much any more (basically just recurring monthly charges for my phone and car insurance). It's always been PIF'd. Yesterday my annual fee hit the account, so just like last year, I hopped on live chat to see if they could remove that fee, and they did (for a second time now). I got an email this morning from Cap1 saying they've increased my credit line to $5,000 - the smallest credit line I have still. 

 

From seeing other posts, I'd imagine the card will max out at this credit line. So for now, it'll just sit there and have its $200/month charged to it. People can say what they want about Cap1, but for me - they gave me a chance when other lenders would not, and they've helped me grow into better cards. 


I agree!! They are currently helping me out. Congrats your CL increase and getting the fee wavied. I'm i will always keep  my Cap One card.

 

Cheryl

Current as of 3/21/18 EQ 609 TU 619 EX 628
Discharge 7/2016 Ch 7 BK
Message 2 of 5
momo1123
Contributor

Re: Cap 1 Auto CLI

Congrats on your CLI!! I agree as well. Capital One is my only card right now and my rebuild only started a couple months ago, but they were the only ones that would pre-approve me and wasn't a fee card or a secured card. I'm very happy to have been given the chance by them. 

Message 3 of 5
Bella007
Senior Contributor

Re: Cap 1 Auto CLI

Congratulations on the CLI and the AF waiver! Nice! Smiley Happy

Current Scores: EQ 679;TU 647; EX 679 Gardening since 11/7/18
Beginning Scores-- EQ 632; TU 576; EX 619 FICO 08 (06/13/16) - BK7 discharged 11/2015
Message 4 of 5
doinit1
Valued Contributor

Re: Cap 1 Auto CLI


@Bella007 wrote:

Congratulations on the CLI and the AF waiver! Nice! Smiley Happy


+1

American Express Business Gold(NPSL 10k) Chase CSP (25k) BofA CR Siggy (20.8k) BofA BBR (22.1k) Amex BCP(4.1k) Overstock (21.1K) Lowes (17K) NFCU CLOC (15K) NFCU VS Cash (15K) Care Credit (15k) J Crew( 11.9k)Venture WMC (10.25k) Amex Everyday (1k) Chase Slate (10k) Walmart MC(10k) BB Visa (10k) Discover(4.5k☝️) PayPal Cashback Mastercard (8k) Chase FU (7.4k) Citi AAdvantage Gold World Elite (9.5K) Citi Double Cash (8.5k) Fidelity® Rewards Visa Signature® Card (6.5K) PenFed PCR (5K) PayPal Credit (4550)Discover (500✌️) Kohls (3k) Chase Freedom (1500)

Mortgage May 2017 - 2 auto loans (1 PenFed and 1 Navy) Aug 2018=98K
Gardening until June 2021

FICO 8 Scores EX 700 EQ 696 TU 703
AAOA 5.2yrs TCL=268,700
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