@Anonymous wrote:Agreed.
I even had a credit one card during my rebuild. closed that one last year.
Six months ago, I didn't figure I would have two AMEX cards, a Navy Fed card, and an auto loan with Navy with such a great rate.
Will make a decision in the next few weeks on keeping open or closed.
Data Points:
Both CAP1 cards are zero balance, as are most of my cards. Aggregate UTI <3%.
Looking forward to breaking into the 700's soon.
@FireMedic1 wrote:This comes up a lot and I usually just read the comments. The Cap1 bucket cards or as I say the starter cards are no different than many other CC's that banks give a person to jump start their credit journey. As it did in my situation. There are a whole lot more folks on this forum without a BK than with one. You can add many secured that dont unsecure CC's. Low limit cards that will never grow to be the best in your wallet. They are there for folks to start to start/build/rebuild their credit and then move up the ladder to the next higest step possible. Some people will go up the ladder steps quickly to the top. And then some that try to go up the backside of the ladder where the steps are far apart and makes it harder to climb.
Cap1's starter cards are not going to be your lifelong best in your wallet card. They are meant to lead to better things after you completed the steps program. They will never be your top cards after moving up the FICO ladder. They will never give out those high CLI's. It is what it is. A starter card. Dont expect a lot out of them. Dont expect huge CLI's. They want you to apply for the top tier cards eventually. Who has a unsecured no fee Credit One card with a CL of 10g's? I had to pay my dues with both starters and it led to bigger and better things. And then they were put to rest. They did what they are named for. Starter cards.
Lastly. If anyone thinks the Plat/QS/QS1 will grow like NFCU, Chase, BoA, Chase, and so on. Its not going to happen. You'll be stuck on the first step on the back side of the ladder. Use them for what they were intended for and move on. Best of luck to all on your rebuilds.
Awesome! Congrats! I'll give ya a welcome to the soon 700 club. Great job!
@Anonymous wrote:Thanks, I'm curious about this, and just for curiosity's sake would like to give it a shot.
I'm still ignorant about acronyms and such.
What is the EO?
@Anonymous wrote:There is one way that I know of to get around the starter bucket and to my knowledge I may be the only forum member that has done this. Basically what you need to do is call up the EO and tell them that for whatever reason you can't initiate a CLI through either their online method or phone system. Simply tell them that you keep getting an error message. The EO at that point can make the decision to do a "manual review" for the CLI... which basically takes the computer and bucket you're in out of the equation. With a human being looking at those numbers above, I have little doubt that a CLI would be granted if you were using > 100% of your limit on average over the course of a year.
This was the only way that I was able to get a CLI while in a starter bucket with Cap One.
Welcome. Here's the list. Quiz at 0800 classroom 101. 
https://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458
Same thing happened to me. I got a QuickSilver One a few years ago during rebuilding, asked for increases numerous times, never went over $750. The reasons for the rejections were various and usually vague.
Right after one of these rejections, I applied for a Venture and was approved with a $20k limit, so the bucketing is definitely real. I've since **bleep**canned that card, especially because it had an annual fee and didn't use it anyway.
I agree with BrutalBodyShots
Had terrible credit, 2 cap1 cards with low CL 30%apr, 48AF EACH for 10 years, after contact EO, she raised my CL 10x, remove AFs. I guess that was bucket bust time.
Since then, they approved every CLI request i ask for, until i feel no need for additional credit as both of my cards reach 20K.
Now, with those two CAP1 cards and two back dated Amex, I have total 80 years account history and bullet proof AAoA.
Had terrible credit, 2 cap1 cards with low CL 30%apr, 48AF EACH for 10 years, after contact EO, she raised my CL 10x, remove AFs. I guess that was bucket bust time.
Since then, they approved every CLI request i ask for, until i feel no need for additional credit as both of my cards reach 20K.
Now, with those two CAP1 cards and two back dated Amex, I have total 80 years account history and bullet proof AAoA.
EX819 1HP|TU797 1HP| EQ(Fico8 BankCard)841