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Capital one Credit step program?

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Anonymous
Not applicable

Capital one Credit step program?

If you hit the luv button and get approved, will it rest the credit steps program and have to wait another six months. The story is I hit the luv button and went from $300 to $800  but I wanted a 1k limit so I declined it because I thought that if I just wait the 2 months I have left I can get a larger increase. What should I do?

 

UPDATE

Thanks for the information guys I just accepted the Credit increase 

  

Thanks again

Message 1 of 9
8 REPLIES 8
Jpmack29
Regular Contributor

Re: Capital one Credit step program?

No, you will still get a credit increase after the credit steps, plus any luv button increases you have gotten. I would have taken the $800 and after credit steps you would have likely gotten more and had your 1k. I'm sure I'll be corrected if I'm wrong tho .
Current (8/2015): Equifax 688, Transunion 689, Experian 708
Goal Scores: 700 across the board

Capital One Venture: $5500| Discover it: $4500| American Express Green Card: NPSL| Capital One- QuickSilver: $3000| American Express Everyday Card: $2000| Bank of America- Americard Cash Rewards: $1500 | Barclays Cash Rewards: $1300| Chase Freedom:$1200| Barclays Apple Rewards: $2000
Message 2 of 9
Anonymous
Not applicable

Re: Capital one Credit step program?

Credit Steps is independent of the luv button. You should be fine.
Message 3 of 9
Pway
Valued Contributor

Re: Capital one Credit step program?

I understand you wanted that 1k increase but I would have taken that 800.  Your credit steps is guranteed, regadless if your accept the increase or not.  I would of taken that 500 increase.  The credit steps in funny, some have gotten huge increases with the credit steps and accepted a increase before the credit steps.  I look at each of my increases as accomplishments.

Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.
Message 4 of 9
Anonymous
Not applicable

Re: Capital one Credit step program?

Glad you took the increase
Message 5 of 9
gdale6
Moderator Emeritus

Re: Capital one Credit step program?


@Anonymous wrote:

If you hit the luv button and get approved, will it rest the credit steps program and have to wait another six months. The story is I hit the luv button and went from $300 to $800  but I wanted a 1k limit so I declined it because I thought that if I just wait the 2 months I have left I can get a larger increase. What should I do?

 

UPDATE

Thanks for the information guys I just accepted the Credit increase 

  

Thanks again


Grats on your Cap-1 CLI Smiley Happy

Message 6 of 9
Anonymous
Not applicable

Re: Capital one Credit step program?

Congrats on your capital one luv!
Message 7 of 9
Anonymous
Not applicable

Re: Capital one Credit step program?


@Anonymous wrote:

If you hit the luv button and get approved, will it rest the credit steps program and have to wait another six months. The story is I hit the luv button and went from $300 to $800  but I wanted a 1k limit so I declined it because I thought that if I just wait the 2 months I have left I can get a larger increase. What should I do?

 

UPDATE

Thanks for the information guys I just accepted the Credit increase 

  

Thanks again


Thats nice, the step program in different. Nice that you just got a CLI

Message 8 of 9
Anonymous
Not applicable

Re: Capital one Credit step program?

Congrats!!!

Message 9 of 9
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