@Anonymous wrote:
@kdm31091 wrote:
Almost guaranteed not to happen. Capital One is not typically one of the "call and recon initial limit" lenders.
Give it a few months, use it responsibly, go from there. I think anything before 6 months you'll have to call the EO to try and get approved. After 6 months you can hit the online CLI button (aka the "luv button" a term which I don't really care for).
After six months what would the increase look like?
Who is EO? Luv button? Sounds funny. Is it because everyone loves a increase?
Well, I can't give you a number. The increase is going to be based on what Capital One wants to extend you. Some people have a lot of luck getting Cap One bumped up and others stay stuck at a low limit. I won't make false promises, but many people qualify for some type of increase after 6 months.
The EO is the executive office, who has a bit more authority in decision making than your normal CSRs. Someone here can PM you their phone number or their email if you want to go that route. They're only open Mon - Fri and with Cap One they are not the fastest to respond, but they can often (not always) accomplish something for you. That said they are not a magic wand and won't give you a CLI if you aren't deemed worthy of it right now.
"Luv button" is just slang for the online CLI button. I think it's because the lender is showing you "love" by giving you an increase. I just find it kind of a cheesy term, and I feel lenders see us all as merely accounts/numbers and there is no emotion there for them, but to each their own with what they want to call said button.
