CapOne is no help in answering my questions...but anyway. I have a QSOne that will be coming up on 6 mo soon. It was $500 limit through Credit Steps. My credit has changed dramatically in the past 6 months as I have had all baddies to drop off. CapOne wouldnt answer my question when I asked if I am limited to $250 increase through credit steps. Honestly, that wont do me a bit of good as I will be going on app spree soon and will get better limits...also, I have followed the credit steps and used card heavily in addition to PIF. They say once you get your CLI you arent eligible for another for 6 months. Who here has had success getting a higher CLI than the pre-qual through the credit steps?
I had an initial limit of $300 on my Cap One QS1. Per the Credit Steps document, it was scheduled for a bump up to $500 at six months of on-time payments. Instead, I received a bump up to $1300. This took place last month.
@ChargeItPlease wrote:
I had an initial limit of $300 on my Cap One QS1. Per the Credit Steps document, it was scheduled for a bump up to $500 at six months of on-time payments. Instead, I received a bump up to $1300. This took place last month.
congrats...thats what I want to hear!
@godscountry wrote:CapOne is no help in answering my questions...but anyway. I have a QSOne that will be coming up on 6 mo soon. It was $500 limit through Credit Steps. My credit has changed dramatically in the past 6 months as I have had all baddies to drop off. CapOne wouldnt answer my question when I asked if I am limited to $250 increase through credit steps. Honestly, that wont do me a bit of good as I will be going on app spree soon and will get better limits...also, I have followed the credit steps and used card heavily in addition to PIF. They say once you get your CLI you arent eligible for another for 6 months. Who here has had success getting a higher CLI than the pre-qual through the credit steps?
My situation was similar to yours. I was at MAYBE 600 FICO when I got the card with a $500 limit. Used it, and got a bump to $750 at six months. Well at six months my FICO had increased quite a bit, but they still stuck to $750. My advice is to wait and see what happens at six months, and email the Executive Office if you don't get what you need. I have dealt with them once, and they were very polite and professional.
@chalupaman wrote:They told me over the phone that you can request an increase yourself at any time even if you're still in the program but I'm gonna wait until after they increase my limit to 750 to be safe.
I think that is what confused me....they told me the same thing at the same time telling me once I get the CLI I wouldnt be eligible again for another 6 months. Maybe I got something twisted?
@-NewGuy- wrote:
@godscountry wrote:CapOne is no help in answering my questions...but anyway. I have a QSOne that will be coming up on 6 mo soon. It was $500 limit through Credit Steps. My credit has changed dramatically in the past 6 months as I have had all baddies to drop off. CapOne wouldnt answer my question when I asked if I am limited to $250 increase through credit steps. Honestly, that wont do me a bit of good as I will be going on app spree soon and will get better limits...also, I have followed the credit steps and used card heavily in addition to PIF. They say once you get your CLI you arent eligible for another for 6 months. Who here has had success getting a higher CLI than the pre-qual through the credit steps?
My situation was similar to yours. I was at MAYBE 600 FICO when I got the card with a $500 limit. Used it, and got a bump to $750 at six months. Well at six months my FICO had increased quite a bit, but they still stuck to $750. My advice is to wait and see what happens at six months, and email the Executive Office if you don't get what you need. I have dealt with them once, and they were very polite and professional.
yes, but see, I am trying to beat the Auto-CLI which they say will come on your 7th statement. I want to request on my 6th statement because they explained to me once I get the $250 bump I wouldnt be eligible for another increase for another 6 months...eventhough I wouldnt be in the credit steps any more.
@godscountry wrote:
@ChargeItPlease wrote:
I had an initial limit of $300 on my Cap One QS1. Per the Credit Steps document, it was scheduled for a bump up to $500 at six months of on-time payments. Instead, I received a bump up to $1300. This took place last month.congrats...thats what I want to hear!
Thanks.
I also used the card heavily and paid in full every month. I think you should be fine.