If your spending that much on the card. Least get it upgraded to a QS and get cash back:
Cap1 has gotten stingy compared to 2015-16. Use to be easier. But times have changed. Once a starter, always a starter. Good luckon the upgrade!
Well, this is disappointing to hear. My Platinum only went up to $500 CL at the credit steps mark, but that was before I found out they like a lot of spend. I've used it a lot more since then in the hopes that I would get a decent CLI at the year mark coming up after this month's payment posts.
BUT I have a QuicksilverOne, on credit steps, with one more payment to go. It had a SL of $1,000, now at $1,100 after a CLI at three months. I have consistently put a lot of spend on it, usually over the CL, making multiple payments during the month. This month so far I've put around $1,450 on it. I have been hoping to get more than the promised $500 CLI. Reading your post now deflates my hopefulness in that regard. I have a charged-off account with them I am paying down, now at $1,366, from the original $3,966. But now I wonder if that is going to hold me back from a higher CLI, like you fear your burning them in BK did. I will be happy enough with the $500 CLI, but really was hopeful it would be more. Well, actually now a $400 CLI, since I've already received $100 of the $500 credit steps CLI.
Did you try the pre approval site. Maybe you can move up to one of the better cards. You probably have a bucket card. Won’t go much further. GL
This ^^^ sounds like a classic starter bucket from Cap One. If you insist on keeping the card, it probably won’t go up much for you. I would see if you can graduate to something better. Savor? Venture? Another company entirely?
To be honest, I never saw big CL's until about 2 and half years after my bankruptcy. At the 5 year mark, I started getting 10k limits without having to do recon's.
Just give yourself time. You will see some high CL's in a while.
I totally agree. I have made it back in with almost every creditor execpt Chase and Bank of America. I was shocked and surprised when I was able to get my highest CL with CapitalOne after I burned them for $5500.
I'm absolutely thankful for what I've been able to do financially since my bankruptcy. I have save more money post bankruptcy while still making less. I litereally only pay interest of 2 balances and PIF on everything else.
I know if I can do it, so can everyone else
You're right, it's all about prospective!