I know a lot of people on here complain about Cap1 and to a degree I see their point. Here's a quick success story. Started last year with horrible credit. Cap1 was the only people to give me an unsecured Platinum card with a SL of $350. That card auto CLI'd to $500 at the six month mark. During that time I also applied for and was approved for a QS1 card with a SL of $1000 which had an auto CLI to $1500 at the six month mark.
My platinum card was PC'd to a QS card but remained at $500 and eventually they gave me a measly $100 CLI to $600. Well today my QS1 card hit one year old and was eligable for a CLI so I hit the love button expecting maybe a $500 dollars increase.... I got a $5000! So now my QS1 is at $6500 limit! I use the card for everything and pay in full every month. Usually spend about $2500 a month on it. They were very generous to me today. Just wanted to share my experience with them so far and show a little love to them in a forum full of people that dislike them.
Cap One can be extremely generous.
Sometimes one needs to open a new account, but generous all the same.
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Congrats on your success. I actually liked Cap One when I had my QS. I closed it in Nov due to the fact that I was trimming my cards down. They gave me 2 or 3 of instant CLI over the almost 4 years going from 10k to 16k. The last time I hit the button they had to review it and denied me. It was just as well as I didn't need it but was trying to increase my total credit after closing another card. I really have nothing bad to say about Cap One other than the triple pull most people complain about when applying for their cards.
Thanks everyone, I was really shocked they gave me such a high increase. Hopefully in another 6 months they will give me even more.
Congrats. Once they like you they will give out nice CLI's and future apps will yield good results also. First one was $1200 Plat for me. And approvals were all at 10k for the 3 below afterwards.