Cap 1 Venture CLI ?

[Anonymous]

As this is my first post, I'd like to thank everyone for all the amazing information on this forum since I've joined.

I've done a little reading about this topic but I'd like to get your opinion on my situation.

I opened the Venture Card on 10/1/14 with the 40,000 bonus. Since then I've had very heavy usage on the card (approx: $48,000) making full payments almost daily. With this type of usage would you suggest waiting the 6 months to request a CLI or would you go through the EO at the present time (or after 3 months)?

Thanks

[gdale6]

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@Anonymous wrote:

As this is my first post, I'd like to thank everyone for all the amazing information on this forum since I've joined.

I've done a little reading about this topic but I'd like to get your opinion on my situation.

I opened the Venture Card on 10/1/14 with the 40,000 bonus. Since then I've had very heavy usage on the card (approx: $48,000) making full payments almost daily. With this type of usage would you suggest waiting the 6 months to request a CLI or would you go through the EO at the present time (or after 3 months)?

Thanks

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With Cap-1 you are going to have to wait 6 months post account opening to use regular channels, at 3 months you are going to have to go to the EO to ask for the CLI, Good luck

[Anonymous]

My goal is to get this card to 20k which with business I'm able to spend weekly. Do you think with that goal in mind I should continue to keep this high usage up for a few more months or give it a shot now with the EO?

Thanks 

[red259]

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@Anonymous wrote:

My goal is to get this card to 20k (I'm able to spend that weekly). Do you think with that goal in mind I should continue to keep this high usage up for a few more months or give it a shot now with the EO?

Thanks 

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Honestly I think you need to wait six months minimum to establish a use/payment history. Your not likely to get it up to 20k all in one shot. I went from 5k to 10k after six months of decent use. 

[Skye12329]

Its possible to get it to 20k all at once in my opinion. However no matter what its always a "your mileage may vary" type of thing. I think as mentioned wait 6 months. You could try asking for a credit line increase on the website of which like most might get the 7-10 message. Then it would be best to contact the executive office for a manual review and say you would like an increase to 20k.