I have had two Cap One Playinum cards since 2014. In 2015, I missed three payments on each due to being laid off. Since then I haven’t missed a single payment or been late on those or anything else at all. Flash forward to today. My TU score is 676, with EQ and Ex between 640-660. Currently rebuilding since August of this year.
I have never once had an increase on either card since opening in 2014. Today, I login and see the offer to upgrade to the Quicksilver. Not the Quiksilver One. I gladly accept because there is zero benefit to the platinum card. Well it upgraded to the Quiksilver, however I am still at the original $500 limit I was giving in 2014. Essentially all I did was upgrade which I understand entirely, no new acct number, terms etc.
My question is, isn’t the Quicksilver a minimum $1000 credit line? Or is that null and void because I upgraded? Any one have a similar experience? I’ll gladly take the upgrade regardless but I’m just confused I guess. Any input is greatly appreciated
I have never once had an increase on either card since opening in 2014. Today, I login and see the offer to upgrade to the Quicksilver. Not the Quiksilver One. I gladly accept because there is zero benefit to the platinum card. Well it upgraded to the Quiksilver, however I am still at the original $500 limit I was giving in 2014. Essentially all I did was upgrade which I understand entirely, no new acct number, terms etc.
My question is, isn’t the Quicksilver a minimum $1000 credit line? Or is that null and void because I upgraded? Any one have a similar experience? I’ll gladly take the upgrade regardless but I’m just confused I guess. Any input is greatly appreciated
Shock & awe that after missing 3 pmts they didn't close your cards.. Wow..
I've seen Cap One close cards for much less.. So you were blessed.
There isn't any auto cli when you pc a card so that's normal.
Yay cash back!! The QS means you'll be earning CB so congrats..
Happy New Year!
@Anonymous wrote:
Hoping for a CLI but I have much better cards now anyways so it’s not pressing, anything is an improvement from Platinum. Cap One is just a strange beast. Can’t get any sort of CLI on my oldest cards but then approved instantly for $6k for Neiman Marcus. Just strange.
Color me silly for asking but...
Have you requested a cli? Or just waiting for an auto increase?
If you requested, what is the reason for denial?
@Anonymous wrote:
Probably 100 times LOL. It’s always a different reason. “Too many recent inquiries” Literally hadn’t had an inquiry in over 12 months. The last denial was revolving balances too high on bank cards. I keep all my balances WELL below 30%, and typically either 1% or none at all. It’s super frustrating. It’s almost like they have my info from a few years back and haven’t updated. So strange. I even contacted customer service to inform them that The report they were using to decide my CLI off of was over 9 months old. Their response was “We will forward your concerns to the appropriate department”. So I just gave up haha
LOL @dragontears- figured I better ask, ya never know.
Kara, Ok, just checking.. Just keep using & paying.. Keep your over-all uti down and the cli will come.. Hopefully.
I have a card from Cap One like that, started as a Plat, pc'd to QS. The limit is $4750 now (still low) and it took a LONG time getting there..