Still Waiting for Secured Cap One to get CLI....

[prolificjinx23]

I've read countless posts ranting & raving about getting UNsecured CLI's on their secured Cap One after @ 6 mths of having the card... Well I got my card in January & my 7th statement was just released on the 17th & still nothing. I use it a lot every month since I got it usually paying 3-5 times a month NEVER LATE  usually reporting @ 20% UTIL or less every month. Since the $400 deposit I put on it isn't much to brag about I'm thinking of adding more $ to the deposit to boost it up but I was kinda curious as to whether or not Cap One would help me out with a CLI first --- LOL!!! 

Is anyone else having the same issue as me? Has anyone received a UNsecured CLI on a secured Cap One lately???

[flyingmd]

I know back when I had a BA secured visa, they would not consider unsecuring it for at least 12 months. But at 12 months they did unsecured it and redeposited the security into my account with in days. From reading these boards it does seem that there are some cc companies that will never umsecure and make you apply for a new account. Most notable Wells Fargo and Capital One. So good luck but you may have to just apply for a new cc account with them. I would call CS and ask what their policy and procedure is. Good luck

[Anonymous]

I opened my Cap1 secured card in 12/2010.  I did not receive my initial unsecured increase until the 7th month.  I know a lot of people have indicated they received a increase at month 6.  A have always paid in full and made multiple payments never exceeding 50% of my available credit line.  I also increased my limit gradually each month over the first 3 months of establishing the card.  I am not sure in that is something that maybe factored into when one receives their first unsecured increase.  I hope this helps!

[dude11]

Everytime I have called in regards to unsecured CLIs I have been told by Cap One they don't do nor unsecure the card. Some people here have had their cards unsecured and others have received unsecured CLIs. I have not once made a late payment nor gone over the limit. I also don't carry a high balance on the card.

I have had this card since July 2010 and I plan on cancelling it in the next few months if they still don't budge.

[Anonymous]

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@prolificjinx23 wrote:

@I've read countless posts ranting & raving about getting UNsecured CLI's on their secured Cap One after @ 6 mths of having the card... Well I got my card in January & my 7th statement was just released on the 17th & still nothing. I use it a lot every month since I got it usually paying 3-5 times a month NEVER LATE  usually reporting @ 20% UTIL or less every month. Since the $400 deposit I put on it isn't much to brag about I'm thinking of adding more $ to the deposit to boost it up but I was kinda curious as to whether or not Cap One would help me out with a CLI first --- LOL!!! 

Is anyone else having the same issue as me? Has anyone received a UNsecured CLI on a secured Cap One lately???

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I got an increase at 7 months.    I would recommend putting down more deposit, especially since your usage is high w.r.t. your limit.

FYI.  You have to apply for a new card when the time comes, there is no automatic graduation.

[prolificjinx23]

Just got an alert CapOne showing they just gave me $100 unsecured CLI.....   #_#

OMG!!!!!! ONE HUNDRED DOLLARS!!!!!!!!!!! Is one really better than none!! LOL 

It is what it is.... I'm just gonna add another $500 & wait until it graduates..... 

[Anonymous]

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@prolificjinx23 wrote:

Just got an alert CapOne showing they just gave me $100 unsecured CLI.....   #_#

OMG!!!!!! ONE HUNDRED DOLLARS!!!!!!!!!!! Is one really better than none!! LOL 

It is what it is.... I'm just gonna add another $500 & wait until it graduates..... 

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I got the same $100 CLI on secured Cap card recently after the 7th month also.  Opened 1/11.  went from 410 to 510 lol. 

I had no history on my CR and this was my 1st credit card.  It has opened up many doors for me. 

Now I have currently have a Zync, Chase Freedom and a few store cards.

I'm letting these mature and keeping the CapOne for age.  Congrats!

[prolificjinx23]

Hoping to get where you are... AMEX!!! 

Until then my $100 will do!!! LOL!!! Because for now my credit seems to be at a stand still.... No movement for 2 months now.... No ones is budging! No GW's for lates or removals!!!