On a whim, I applied for a soft pull CLI again on my Capital One Quicksilver card tonight. Approved for another $2K increase and a new CL of $30K!
For years, I slowly grew my Capital One Quicksilver but it was a tedious process that usually involved moderate sustained spending. It started out as a non-bucketed Platinum card with $1K limit in 2009. Finally >in March 2020<, I reached my goal of $25K on the card and thought I was done. (See the link for spend and other data points.)
However, imagine my surprise when they gave me additional $1K CLIs to $26K, $27K, and then to $28K in 2022 without significant spending. Those also occurred with less than six month intervals, breaking another rule that I thought applied to Capital One CLIs. After a few denials since the last one, they approved me for the $2K tonight after a little over six months. (All of my CLIs have been initiated by myself, not automatic.)
For data points, in the last 12 months, I've only have five statements post a balance. Those balances were mostly low at $90 to $200 with only one at $500. For whatever reason, this spend is considerably less than what I'm accustomed-to for a successful CLI.
Hope these helps others who are hopeful for a Capital One CLI.
Interesting story. Congratulations on your Capital One CLI! @Aim_High
@Aim_HighIncredible Progress! Thanks for sharing!
Spend wisely but enjoy as well!
Impressive, but not surprising @Aim_High ... you got the formula down my friend!
Congratulations on your Capital One QS CLI!
All interesting stuff, well played, and appreciate all the insight, congratulations on your CLI, and the growth!
I had to do a double take, 30k limit on a cap one card??
It seems cap 1 is handing you cli's like hot cakes, keep it up, you are doing something right.
congrats on the cli
congrats on the continous CLIs!! i want to be like you when i grow up LOL!
Congrats on the increase!