Cap 1 must know consumers don’t like them and yet they continue the same practices?
How critical can one be when Cap One is the only decent bank that gives them ANYTHING?
They are one of the largest CC banks in America, so some people like them just fine (including me.)
DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!
Congratulations on your CLI! I saw a similar increase with my CreditOne card... which I also can't wait to get rid of once the AF comes around.
Congratulations on your CLI!
Some people are able to develop a good relationship with Cap1 and kudos to them but some cannot and will not. *shrugs* Personal preference. They put themselves in my "How about no?" column when they started sending me pre-qual offers for cards i closed after a few years of toy limits, no PC or tiny CLIs. They served their purpose and didn't grow with me.
OP, stick it out and see where things go. They may treat you right BUT be advised your current card may get bucketed in which case you will may have to app for a new card once your profile improves. Best of luck!
I'm in the same boat with the GM card. Either it's going to go at some point, or hopefully they do something with it. I've been stuck at $500 for over a year....
Congratulations! I was in the same boat as you. I have had my Cap 1 card since 11/16 and my limit now is only $1,250. Now that I've acquired a few cards, I'm going to cancel this one before the AF hits in November of this year.
We all start somewhere. Dont forget, it's a marathon, not a sprint! CONGRATS on the increase!
Amend ... I come to this forum late in my credit rebuild (which took nine plus years) and many here move on a fast track with acceleration. It still takes some time but not nine plus years. It was hard starting with a Cap1 CL of $200 but they opened my future credit doors! Remember when Chase asked on their credit applications to check the box if you have had a BK in the last few years (app was denied automatically). Took me about nine years to get a Citi Card and ten years to get Discover and FNBO. In today's credit world it seems to be more months than years. CLs may be small but, many grow with a good usage and performance track record