Just wanted to share some more Cap 1 success. Two years ago I was sitting at a 540 credit score. Applied for and got my first unsecured Cap 1 Platinum card with a measely $300 limit. That card had the credit steps and went to $500 after 6 months of use. After only having my Platinum card for three months I applied for and was approved for a Quicksilver One with a $1000 limit. That card also had credit steps and went to $1500 after six months of use. Fast forward to a year after owning my Quicksilver One (Jan of 2020) and spending close to $4000 a month on it and paying in full multiple times a month I hit the CLI button and was given a $6500 limit on my QS1 card. My platinum only gave me a $100 limit to $600 but I had also stopped using it by this time.
Now for the fun part! After using my QS1 card heavily for the last 5 months and paying in full I decided to see if I had any upgrades available and VOILA! My QS1 is now a Venture One card with a $6500 limit. I can apply for another CLI next month since Cap1 only allows a CLI every six months. My guess is they will give me at leas a $10k limit on the Venture card.
So to those of you struggling with Cap1 there is hope. My credit scores are average 620-640 today as I still have things that won't fall off for another year. So I'm pretty happy having gone from a QS1 with a $1000 limit to a Venture one with a $6500 limit just for being a good customer.
