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QS1 1st statement CLI

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cship10
Regular Contributor

Re: QS1 1st statement CLI

From what I have seen, Capital one does not give CLI until after 60+ days on new accounts. Most of the time it is the 3rd statement. I got the account too new for 70+ days and then I hit it right around the time of my 3rd statement and got a 7k increase. 

BK discharged 10/7/2014
Current Scores MyFico TU: 753 EQ: 773 EX: 668
Cards: NFCU CashRewards 48000 | NFCU Flagship 32000| Huntington Voice 18,000 | Citi AA 33,000 |BB&T 4500 | Cap1 V 33500 | Sony 7000 | TVA Employee CU 10,000 | WF Propel 15000 | Sync BananaR Visa 10,000 | DCU Visa 15000 | Overstock 11800 | Sync Lowes 25000 | Sync AE 7000 | Sync Amazon 10,000 | Sync Belk 10000 | NFCU CLOC 15,000 | Citi Costco 9,700 | First Bank 8000 | Bestbuy Visa 10,000 | HomeDepot 5000 | BBVA CP 10000 | Macy's Store 11,300 |
Installments WF Mortgage $257k | Y-12 FCU HELOC 16,000 | Mercedes-Benz Lease | Mercedes-Benz Lease | DCU Auto Loan

AAoA 3 yrs 7 M
TONS of Inquires :-p
Message 11 of 12
Anonymous
Not applicable

Re: QS1 1st statement CLI


@Anonymous wrote:

QS1 1st Statement CLI no dice Smiley Sad  reason "your capital one account is too new"

 

I'll try again on 2nd statement.

 

PS when exactly should I hit the luv button, I waited 2 business days after statement cut.

 

I have Capone Sony card for 1 year 1 month with 2 CLIs and just closed my secured which was 1.5 years, never a missed payment on any of my cards all my credit cards (9 of them) have 0 Bal with 4% util reported (stupid sunglass hut reports opening bal before I could pay it)



From my own personal experience, I recommend not trying for a CLI before the 6 month mark on a new card through Cap1.  Reason being, the CLI at the end of the 6 months use seems to be larger than the combine smaller CLI's from requests during that time.  My QS started at $500 and went to $3,000 at the 6 month mark, and my Platinum started at $1,000 and went to $3,500 at the 6 month mark.  HEAVY use is the key, PIF every month, or multiple times a month (if your limit is less than your monthly spending) and they will reward you.

Message 12 of 12
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