Secured CapOne CLI

[KORN]

So I had my CapOne card for more than six months.  My CL was $300.  On the six month statement/payment I went from $300 to $500 which I thought was a CLI.  I recently requested a CLI increase online and was denied.  The letter stated they did not do CLI increase on secured cards. 

Anyone able to get their secured CAP1 increased more without putting a higher deposit??

I will be closing this card within a year.  This was just a helping hand in getting my credit back on track

[destine2grow]

I believe I have ready where some people have received an CLI on their secured cc but is YMMV. I just recent closed my secured cc after having it for 5 mths. It did the job I needed it to do.

[KORN]

So you would recommend closing it once credit is rising?  I am thinking of closing it before it hits a year so I do not have to pay the annual fee.

[coldnmn]

Cap1 wont give customer initiated CLIs. In my opinion once it has served its purpose move on with your credit journey and close it.

[IllinoisNative]

I got a Captial One secured card in 2011.  I paid $99 dollars for a $200 limit.  They raised me a few months ago to a $750 limit.  They didn't send a letter to explain anything.  I went online, saw the limit, and called them.  I asked them if they made a mistake.  LOL  I had no idea they gave CLI's on secured cards.  I'm keeping it open since it's my longest aged credit card.

[Anonymous]

Ditto same for me. Not closing it as it's been opened for over 2 years

[taxi818]

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@KORN wrote:

So I had my CapOne card for more than six months.  My CL was $300.  On the six month statement/payment I went from $300 to $500 which I thought was a CLI.  I recently requested a CLI increase online and was denied.  The letter stated they did not do CLI increase on secured cards. 

Anyone able to get their secured CAP1 increased more without putting a higher deposit??

I will be closing this card within a year.  This was just a helping hand in getting my credit back on track

that was your cLi. You might get another.  But if that is oldest card.  I would not close it fir lousy 300 bucks. As it I'll affect your credit age.  Hence credit score.  Just think of it as a long term investment.  Very long. . And kiss it good bye. In 2 tears. When your new cards age. Then get it back.  

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[roochada]

I opened my secured card in Januray with 300.00 and after 6th statement cut got auto cli to $701.00