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Capital One CLI--A $10,000 mistake??

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dallasjetfan
Established Contributor

Re: Capital One CLI??

I don't like those odds!!
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 11 of 23
Anonymous
Not applicable

Re: Capital One CLI--A $10,000 mistake??

What happened??  Did they hit you off with more "in your wallet".
Message 12 of 23
dallasjetfan
Established Contributor

Re: Capital One CLI--A $10,000 mistake??

They want me to fax them a letter and also a copy of the letter that was sent to me. I am going to try to hold them to this, but we all know CCC's don't always do what we want.
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 13 of 23
Anonymous
Not applicable

Re: Capital One CLI--A $10,000 mistake??

wow i cant wait to see what they say! you know they love the excuse me were sorry this was a computer error lol GL and always remember anything is possible so keep your thoughts on the bright side 
Message 14 of 23
dallasjetfan
Established Contributor

Re: Capital One CLI--A $10,000 mistake??

UPDATE...I have called twice and each time they have said they are not done reviewing the account. Now, I just received a letter saying they could not approve me for the CLI increase because I had not had the $300 CLI for 6 months. I have a strange feeling they pulled a hard inquiry. I am going to be furious if they did since all I did was inquire about a letter they sent me saying they were increasing my CL to $13,550. I will be pulling my CR next week to find out. We shall see!!!
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 15 of 23
dallasjetfan
Established Contributor

Re: Capital One CLI--A $10,000 mistake??

UPDATE: I just faxed them the letter today. I decided to follow-up and see how far I could take this. I should have a decision by Monday. We'll see!!
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 16 of 23
Anonymous
Not applicable

Re: Capital One CLI--A $10,000 mistake??

Wow. Please be sure to come back and tell us what happens. This is exciting and probably not something we'll encounter again!
Message 17 of 23
dallasjetfan
Established Contributor

Re: Capital One CLI--A $10,000 mistake??

I am going to continue to hound them until they honor all, half or a new prime CL.
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 18 of 23
Anonymous
Not applicable

Re: Capital One CLI--A $10,000 mistake??

I don't think you will get the increase because it was obviously an honest mistake on the part of the company. Besides if they do "honor" their mistake and increase you, legally they can hit you the very next month with a CLD (credit limit decrease) and as I have learned this past month they can use any excuse they want when doing that because it is their card, you are just borrowing it.
 
I wish you luck though. It would be nice to receive a limit like that. I have a card,  "A" as in only one card with only a $300 limit. My balance has never gone over 60 bucks, I try to keep it in the 20 dollar range, but in all essence that card is useless except to rebuild. And I found out yesterday that after my 18 months of good behavior they will no longer turn it from secured to unsecured. As George Lopez says: FTP Orchard FTP.   
Message 19 of 23
dallasjetfan
Established Contributor

Re: Capital One CLI--A $10,000 mistake??

It's finally over!! What a complete waste of time talking to the morons at Cap One!! They said that they can't offer over $500 and that it was a computer error. It's amazing how I have gone from being very satisfied with Cap One to being ready to sock drawer them after talking to those idiots!!

Maybe they will at least combine my new account that I received from them the other day into one CL and maybe a small increase at that point. Does anyone have any ideas on whether to combine the two accounts?
Barclays US Air $17K| TTCU $15K| Citi Diamond $10.5K| Discover IT $9000| CapOne $2K| Best Buy $2K
Message 20 of 23
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