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Cap 1 CLI online

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creditconcept
Regular Contributor

Re: Cap 1 CLI online

Yes, I got an instant online CLI for my Quicksilver card. It went from $750 to $1,250 with a soft pull, and then asked me to accept or deny the CLI, or put in a smaller amount that I would accept, IE $200 instead of the full cli. Clicked continue and it went back to the accounts page with the new credit line available, and an increased cash advance line. So it's is possible!

Message 11 of 32
Transmogrifying_Bee
Frequent Contributor

Re: Cap 1 CLI online


@FlawlessShineAutoSpa wrote:

I just requested a CLI for my Quicksilver Visa online and was told that I would receive a notification in 2-3 days and to look at my doucuments online and I would be getting a email as a reminder... Does this mean that I was declined? Has anyone gone through this with Cap 1


This has happened to me several times.  In my case, each letter I received indicated that my requested CLI was denied primarily because "Recent use of this account's existing credit line has been too low."  This is true, since I tend to use my other cards with much higher CL's much more than my Cap One cards, the latter of which I am considering cancelling.

However, one nice outcome of receiving the Cap One CLI rejection letter is that they always include your Equifax CREDIT SCORE (free!).  Although they don't actually say it is a FICO credit score, it is based on the FICO scale range of 300 - 850 and their scores always match those I obtained from myFICO for the same approximate time period.  Just be careful to note that the credit score DATE may be a month or so earlier than your CLI request, probably reflecting their use of periodic SP's on my EQ credit report from which they obtain my credit score and have it available for account decisions (such as CLI's) for a period of time.  Still, nice to be able to obtain this score for FREE, even if my CLI was rejected!

 

FICO Score 8: EQ 823 EX 817 TU 825 **** VantageScore 4.0: 825 **** VantageScore 3.0: EQ 823 EX 826 TU 825
TOTAL CL (6 cards): $141.0K **** INQUIRIES 2 yrs (1 yr): EQ 0(1) EX 0(0) TU 0(0) **** UTILIZ: 1 % **** GOAL: FICO Score 8: 840+
r>>
Amex BCE 30K || NASA FCU Rewards Visa 30K || Chase Sapphire Visa Signature 21.5K || PayPal Extras MC 20K
CITI Diamond Preferred MC 25.0K || Discover it 14.5K **** CLOSED 7 cards **** GARDENING since 9-26-2014
Message 12 of 32
FlawlessShineAutoSpa
Established Contributor

Re: Cap 1 CLI online

Very Cool.. creditconcept... Continue Success in the World of Credit Cards!

American Express Blue Cash Everyday $2000 •• Cap1 Venture One $10K
Barclaycard Rewards Mastercard $1500 •• Chase Freedom Visa $3500
Cap 1 Quicksilver Visa $5000 •• Cap 1 Quicksilver Mastecard $2000
Syncrhrony $1500 •• Citi Double Cash $1700 •• Cap1 Spark Classic $2000
Credit One Visa $500



Message 13 of 32
FlawlessShineAutoSpa
Established Contributor

Re: Cap 1 CLI online

Nice! Getting a Fico score would help a lot.. Thanks for the info Transmogrifying_Bee

American Express Blue Cash Everyday $2000 •• Cap1 Venture One $10K
Barclaycard Rewards Mastercard $1500 •• Chase Freedom Visa $3500
Cap 1 Quicksilver Visa $5000 •• Cap 1 Quicksilver Mastecard $2000
Syncrhrony $1500 •• Citi Double Cash $1700 •• Cap1 Spark Classic $2000
Credit One Visa $500



Message 14 of 32
bigblue7722
Valued Contributor

Re: Cap 1 CLI online

its always a soft pull. And it has never worked for me. 

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.
Message 15 of 32
Man-Of-Steel
Established Contributor

Re: Cap 1 CLI online


@creditconcept wrote:
Yes, I got an instantonlineCLI for my Quicksilver card. It went from $750 to $1,250 with a soft pull, and then asked me to accept or deny theCLI, or put in a smaller amount that I would accept, IE $200 instead of the fullcli. Clicked continue and it went back to the accounts page with the new credit line available, and an increased cash advance line. So it's is possible!

This was my experience as well.  I've had my Quicksilver card for 6 months as of yesterday.  Earlier today, I requested a CLI online and my CL went from $3,000 to $5,000! Smiley Very Happy  It was an instant approval and the new credit line was reflected in my account detail immediately after I clicked on the continue button to accept it.

 

I hope that everything works out for the OP.

Message 16 of 32
avv7c0
Regular Contributor

Re: Cap 1 CLI online


@1_2 wrote:

Has anyone ever gotten an instant reply from Capital One regarding credit limit increases? If so, did you get the increase or not?


Yes. I used the online CLI in February and was instantly approved for $10,500 (current limit was $7500).

----------------------------------------------------------
Fico Scores:
EQ - 811 (Feb '14)
TU - 829 (Mar '14)
EX - 814 (Mar '12) - Lender Pull
Message 17 of 32
FlawlessShineAutoSpa
Established Contributor

Re: Cap 1 CLI online

I'll go into my garden until the start of 2016.... During that time I'll have some baddies & inq fall off.... In the meantime I'll receive more wisdom & knowledge from my FICO Forum friends.... Continue to have Succsess in The World of Credit Cards!

American Express Blue Cash Everyday $2000 •• Cap1 Venture One $10K
Barclaycard Rewards Mastercard $1500 •• Chase Freedom Visa $3500
Cap 1 Quicksilver Visa $5000 •• Cap 1 Quicksilver Mastecard $2000
Syncrhrony $1500 •• Citi Double Cash $1700 •• Cap1 Spark Classic $2000
Credit One Visa $500



Message 18 of 32
myjourney
Super Contributor

Re: Cap 1 CLI online


@FlawlessShineAutoSpa wrote:

I'll go into my garden until the start of 2016.... During that time I'll have some baddies & inq fall off.... In the meantime I'll receive more wisdom & knowledge from my FICO Forum friends.... Continue to have Succsess in The World of Credit Cards!


Well come on over the GC will be glad to have you Smiley Happy

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 19 of 32
Lilalota
Valued Member

Re: Cap 1 CLI online

Hmm im itching to press that button but ive got a few more months until it hits the 6 month mark since the last cli (which was auto for me)
Citi Forward: 8,100
CapitalOne VentureOne:18,250
Barclay Rewards: 8,000
Chase Freedom: 2,500 (-_-)
Discover IT:14,500
Newest addition: Citi Double Cash : 3,400
Message 20 of 32
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