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I received a credit limit increase between my 2nd and 3rd statement. Question is-Does Cap 1 then give an increase at the 6th month mark or 6 months from the initial increase? New to this particular card, so would like to know what to expect.
@Anonymous wrote:I received a credit limit increase between my 2nd and 3rd statement. Question is-Does Cap 1 then give an increase at the 6th month mark or 6 months from the initial increase? New to this particular card, so would like to know what to expect.
That's a really good question I was always under the Sumption that you had to wait every six months to see if you even qualified for a credit line increase. With that being said I'm going to say yes it just may not be as much as if you would've waited for the 6th statement to cut.
I guess I'll find out very shortly if my profile is okay for a CLI. My QS1 is about to turn a year old this month and I'll know if I will get an increase. My Venture One card will be 6 months old in October, and December will be 6 months from last increase. Hoping for the best. Thanks for your reply.
@Anonymous wrote:
PC that QS1 to a QS to Dave the fee
PCd it from a Plat One 4 months ago. Didn't know about PCing until I read it on the forum, but didn't know I could PC that to a QS. Thought CL had to be a certain amount. Thanks for the info.
It's 6 months from the last increase.
Edit: Unless you're enrolled in credit steps, if you are, you will receive an auto increase at 5-6 months once credit steps completes. After that you'll have to wait 6 months before trying again.
@Anonymous wrote:
no minimum. people have $300-$500 QS lol.
Learn something new every day.
@Anonymous wrote:It's 6 months from the last increase.
Edit: Unless you're enrolled in credit steps, if you are, you will receive an auto increase at 5-6 months once credit steps completes. After that you'll have to wait 6 months before trying again.
Completed credit steps on QS1, but don't know what happens with the Venture.