Capital One - CLI?

[Anonymous]

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@visorboy1974 wrote:

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@DI wrote:

I'm glad I fired Capital One!!  To me all of its cards and the Capital One brand is subprime. 

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They actually have one of the better subprime programs out there with the credit steps program.  Definitely much better than HSBC and First Premier.  The only thing that I think stinks about them is the fact that you can't graduate to a rewards card from a subprime card without another application.  Their prime offerings aren't bad...a little high on the interest rate, but not bad.

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@visorboy1974 wrote:

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@DI wrote:

I'm glad I fired Capital One!!  To me all of its cards and the Capital One brand is subprime. 

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They actually have one of the better subprime programs out there with the credit steps program.  Definitely much better than HSBC and First Premier.  The only thing that I think stinks about them is the fact that you can't graduate to a rewards card from a subprime card without another application.  Their prime offerings aren't bad...a little high on the interest rate, but not bad.   

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I started with secured 300 cl.  Now over 5000cl, nonsecured

cash rewards card

I got this by calling back door number  They did go up

on interest rate however..  

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[Anonymous]

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@Smug wrote:
My 6 month old card went from300 to 1300 today.

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Wow!!! Congrats on that! Were you in credit steps? If so, do you know if they just decided to bump you up past the CS amount? Way to go!!!!!

[Anonymous]

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@JayRizzo wrote:

Wooooo!!!  U GO, SMUG!!!  I know u did both the Song & Dance already.... "oooow!  I feel Gooood!  (Da, da, Da, da, Da, da, Dum) I knew that I would".  Congratulations!!!  Now, I'll move over and be YOUR Cap-1 side-kick -- you're the lead!!!

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Hey... I thought that WE were Cap1 board buddies! Suddenly I'm feeling so abandonded...

[Smug]

MIne was a surprise I bought a net book and wanted to make sure I had enough on it, looked and saw the increase, I also have a second one a month younger hope it increases soon.Both are in the steps program.

[Anonymous]

That's very encouraging. My card is 4 months old and has an excellent history so far. Lots of activity with frequent payments, which have kept me well under my CL. I'd really be very happy if it goes up over the 750 that it's supposed to step up to after 5 months. I'm not supposed to see an increase until the 7th statement cuts. I'll keep my fingers crossed.

[JasonBourneOfCredit]

Whats the thought process behind the CLI?  If you've stayed on top of it (no lates) they want to extend more credit to you in hopes you'll buy more and pay them in interest?

Just curious here.

I have a Cap 1 card. Got it in November. It hasnt had a lot of activity but I'm paying down a couple large purchases from X-mas. What will it take for them to give me a huge increase? Lots of use and paying it off?

thanks. I know, 5 questions. Sry

[Anonymous]

It would take Capital One changing their policies.  And a deep freeze in hell.  Some snowballs make it through, though.