cancel
Showing results for 
Search instead for 
Did you mean: 

Hard Pull with automatic credit increase? CapitalOne

tag
Anonymous
Not applicable

Hard Pull with automatic credit increase? CapitalOne

I believe I read that Capital one wiill automatically increase CL after 6 months of on time paynements. Will this cause another credit pull? 

Message 1 of 7
6 REPLIES 6
Skye12329
Valued Contributor

Re: Hard Pull with automatic credit increase? CapitalOne

If enrolled in there credit steps program then yes you get an increase. Also any auto increase from any lender is always a SP.

Also cap1 is always a SP even when requested.
BK7 - 2/21
Cap1 QS - 2k (4/21) - Closed
Mission Lane - 4k (11/21) - Closed
Venmo - 900 (11/21) - Closed
SavorOne - 2700 (12/21)
VentureOne - 2000 (7/22) - Closed
CareCredit - 15000 (6/23)
Sam's Club - 5000 (7/23)
Venture - 5500 (8/24)
HELOC - 33000 (7/23)
Venture X - 15000 (11/24)
WF Reflect - 5000 (6/25)
Costco - 6800 (8/25)
Message 2 of 7
Anonymous
Not applicable

Re: Hard Pull with automatic credit increase? CapitalOne

Good to know! Thanks!

Message 3 of 7
ksantangelo23
Frequent Contributor

Re: Hard Pull with automatic credit increase? CapitalOne

Don't worry, you'll never receive a hard pull unless you give your approval specific to each and every instance of doing so. Your initial application was good for only one check per bureau. An exception would be soft pulls, which only requires your initial approval. After that, your credit report can be an open book to SP's for that lender.

 

Otherwise, take whomever pulls your report to court over a FCRA violation, as your permission is required to access your credit report.

AMEX Hilton Ascend: $55,000 | Chase Sapphire Reserve: $30,000 | PNC Points: $17,500 | AMEX BCE (AU): $18,000 | AMEX BCP: $15,000 | US Bank Cash+ $15,000 | AMEX Business Prime: $14,000 | AMEX SimplyCash: $12,000 | Capital One QS: $13,500 | Chase Business Ink: $12,000 | PNC Everyday (AU): $12,000 | JCPenny Store Card: $10,500 | Chase Slate: $9,400 | Capital One QS: $6,500 | (2nd) US Bank Cash+ (2nd): $7,500 | Discover IT: $6,000 | Chase Freedom: $3,500 | Auto Lease: $0/$21,000 | Auto Loan: $0/$18,000 |

TU: 818 EX: 809 EQ: 801

Message 4 of 7
Anonymous
Not applicable

Re: Hard Pull with automatic credit increase? CapitalOne


@Anonymous wrote:

I believe I read that Capital one wiill automatically increase CL after 6 months of on time paynements. Will this cause another credit pull? 


Not an HP on most of their cards.

 

GM Buypower and a few others need not apply.

Message 5 of 7
Ghoshida
Valued Contributor

Re: Hard Pull with automatic credit increase? CapitalOne


@Anonymous wrote:

I believe I read that Capital one wiill automatically increase CL after 6 months of on time paynements. Will this cause another credit pull? 


Cap One gets their fair share of HPs in the first stage when they do 3 HPs Smiley Very Happy From then on, it's all SP. Whether they give you automatically or you ask for it. Whether accepted request or rejected. And regardless of the number of requests.

Message 6 of 7
Anonymous
Not applicable

Re: Hard Pull with automatic credit increase? CapitalOne

Indeed, from what I've read, sounds like the GM BuyPower card is not for me lol
Message 7 of 7
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.