Capital One auto increase

TheFate · ‎05-11-2015

As we all know Capital one can be very uptight when it comes to increases on our CC's. They must have finally got the point because they've been very friendly on increases as of late. I started off with a $300 limit a year and half ago and after 6 months got a small bump to $500. Then at the 1 year mark I asked for an increase and jumped to $3,500... Now 6 months later I log in to my account to hit the luv button and to my surprise they have hit the luv button for me as my new limit is $6,500! Very happy with Capital one

Anyone else exp this? Just thought I'd share this info

Anonymous · ‎05-11-2015

thats awesome!

Anonymous · ‎05-11-2015

Very nice! Waiting on my credit steps increase.

I noticed you have the Dodge card. Have you redeemed points for vehicle purchase before? What are the points worth? nothing on the jeep (or other chrysler cards) site mentions what the redemption levels are worth- only how they are earned.

Thanks- not trying to hijack thread- just saw your signature.

@TheFate wrote:
As we all know Capital one can be very uptight when it comes to increases on our CC's. They must have finally got the point because they've been very friendly on increases as of late. I started off with a $300 limit a year and half ago and after 6 months got a small bump to $500. Then at the 1 year mark I asked for an increase and jumped to $3,500... Now 6 months later I log in to my account to hit the luv button and to my surprise they have hit the luv button for me as my new limit is $6,500! Very happy with Capital one

Anyone else exp this? Just thought I'd share this info

Anonymous · ‎05-11-2015

Congrats on your CLI

Anonymous · ‎05-11-2015

I hit the CLI button for my quicksilver but was denied. They said because they couldnt verify my address. I used chat to see what that meant and they said it's because they are in the proccess on sending me the new chip card and that once it arrives to request the CLI again. I asked the rep what he thought the answer would be. He said he couldn't give an answer but he said he strongly suggests that i ask for it again once the card comes. LOL so i dont know if he was insinuating that i'd be approved or i dont know. I don't know if the chat reps have that kind of information or not.

TheFate · ‎05-11-2015

@Anonymous wrote:
Very nice! Waiting on my credit steps increase.

I noticed you have the Dodge card. Have you redeemed points for vehicle purchase before? What are the points worth? nothing on the jeep (or other chrysler cards) site mentions what the redemption levels are worth- only how they are earned.

Thanks- not trying to hijack thread- just saw your signature.
@TheFate wrote:
As we all know Capital one can be very uptight when it comes to increases on our CC's. They must have finally got the point because they've been very friendly on increases as of late. I started off with a $300 limit a year and half ago and after 6 months got a small bump to $500. Then at the 1 year mark I asked for an increase and jumped to $3,500... Now 6 months later I log in to my account to hit the luv button and to my surprise they have hit the luv button for me as my new limit is $6,500! Very happy with Capital one

Anyone else exp this? Just thought I'd share this info

Hi thanks, no worries!

As of right now I have not redeemed my points as the account is only 6 months old and usually I tend to let it build up before cashing out. But, from their site it looks like you can use it towards a variety of things:

Cash Off accessories, Cash off dealership service/parts, cash off new vehicle purchase, Ipad mini, garmin fitness band, portable bluetooth speaker, food, wine, sports stuff etc... They have a ton! for most items looks like you need to have 5k points and up and I only have 4,000 so I may just build up towards using my points on part upgrades for my Challenger

Hopefully that answers your question

TheFate · ‎05-11-2015

@Mattc88 wrote:
I hit the CLI button for my quicksilver but was denied. They said because they couldnt verify my address. I used chat to see what that meant and they said it's because they are in the proccess on sending me the new chip card and that once it arrives to request the CLI again. I asked the rep what he thought the answer would be. He said he couldn't give an answer but he said he strongly suggests that i ask for it again once the card comes. LOL so i dont know if he was insinuating that i'd be approved or i dont know. I don't know if the chat reps have that kind of information or not.

Did you request the chip card? Thats usually once you hit the 5k mark if I'm not mistaken correct? And if thats the case wheres my chip card! lol

Anonymous · ‎05-11-2015

Okay, very cool! Thanks! it just doesn't seem to have a lot of press so was curious. Thanks!

Anonymous · ‎05-11-2015

@TheFate wrote:
As we all know Capital one can be very uptight when it comes to increases on our CC's. They must have finally got the point because they've been very friendly on increases as of late. I started off with a $300 limit a year and half ago and after 6 months got a small bump to $500. Then at the 1 year mark I asked for an increase and jumped to $3,500... Now 6 months later I log in to my account to hit the luv button and to my surprise they have hit the luv button for me as my new limit is $6,500! Very happy with Capital one

Anyone else exp this? Just thought I'd share this info

I've had my C1 card, I had 2, for 14years.. It was not until after EO contact back in 2014 that I was able to get it bumped from $500.00 (( yes that's right )) to $3k and it's still sitting there with one cli denial after another... They're horrible as far as I'm concerned.. If I wasn't worried about credit aging, I would have canceled my final card.. I've simply stopped using it.. I have no problems with my other cards.. Their loss.. I even moved my 100k+ brokerage account away from them back in 2014 because of their messed up business practices..

Anonymous · ‎05-11-2015

@TheFate wrote:
@Mattc88 wrote:
I hit the CLI button for my quicksilver but was denied. They said because they couldnt verify my address. I used chat to see what that meant and they said it's because they are in the proccess on sending me the new chip card and that once it arrives to request the CLI again. I asked the rep what he thought the answer would be. He said he couldn't give an answer but he said he strongly suggests that i ask for it again once the card comes. LOL so i dont know if he was insinuating that i'd be approved or i dont know. I don't know if the chat reps have that kind of information or not.
Did you request the chip card? Thats usually once you hit the 5k mark if I'm not mistaken correct? And if thats the case wheres my chip card! lol

No, i didn't request it nor is there a minimum CL requirement to get the chip card. The cards are being given out throughout the year by the end of 2015 everyone will have the chip card. I received an email on 04/28 stating that mine is being issued shortly. Im dying for it to come in as i want to see how it looks. I've read that it is much nicer looking then the junk that we have lol.