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My Venture and Quicksilver Signature Visa are 1 1/2 months old, and wanted to see if we could get people to list data points for CLI's for these specific cards, since they seem to be happening relatively early with heavy use and big payments. Cap One also seems to be offering diff CLI amounts depending on if you can wait it out a bit longer.
With that being said, please list:
1) Your card(s) type - Venture and/ or QS Visa
2) How long you've had the card
3) CLI offered during which time frame 45 days, 75 days, 90 days
4) Amount of CLI offered at each data point
5) What your spend and payments were like, generally (so we can see how that intersects with CLI amount offered)
I'm referring more to QS Visa and Venture here, since QS Mastercard and Credit Steps products are at a different level and have a different way of operating.
I think this will provide some valuable information and helpful data points for the group. No guarantees, but it provides a reference point that may be useful for many of us. Thanks everyone!
Mine are a bit too new to be helpful, but I'll start:
1) Have Venture and QS Signature Visa, both
2) Both are about 40 days old
3) Tried QS CLI button a few days ago; denied for being too new
4) 4k spend and balance transfer on Venture; $1,600 spend on QS Signature Visa and big payments on both
5) Plan to try for CLI at 75 days and will report back
Sorry moderator, I meant to put this in regular "credit cards" section , not under approvals.
Congrats! ![]()
@Anonymous wrote:Sorry moderator, I meant to put this in regular "credit cards" section , not under approvals.
I moved this to the main CC forum so you can get better feedback.
As far as Cap One and requesting CLIs, they're consistent on this: 6 calendar months from last CLI (minus 1 day or 2). There have been some reports from members who waited longer than 6 months in order to get a new SP and a better CLI offer. AFAIK, there are only two ways to request CLIs sooner than 6 calendar months: (1) will sometimes work shortly after initial approval (esp with Credit Steps) and (2) requesting manual review through EO.
Regarding auto-LUV, I haven't seen many posts on that with Cap One, so I'm not sure I'd have enough observation on that. Others might have more experience.
@Anonymous wrote:My Venture and Quicksilver Signature Visa are 1 1/2 months old, and wanted to see if we could get people to list data points for CLI's for these specific cards, since they seem to be happening relatively early with heavy use and big payments. Cap One also seems to be offering diff CLI amounts depending on if you can wait it out a bit longer.
With that being said, please list:
1) Your card(s) type - Venture and/ or QS Visa : Venture VS / QS MC Plat (not relevant here but)
2) How long you've had the card : New Venture VS, obtained on 16 June (75 days old as on today). CL 15k
3) CLI offered during which time frame 45 days, 75 days, 90 days : SP CLIs denied when <1 month and <2 month but approved on 70th day
4) Amount of CLI offered at each data point : 2k. Could have waited. Didn't care to wait.
5) What your spend and payments were like, generally (so we can see how that intersects with CLI amount offered) : spent ~4.5k between account opening and now; paid off all but ~1k, which hasn't been billed yet.
I'm referring more to QS Visa and Venture here, since QS Mastercard and Credit Steps products are at a different level and have a different way of operating.
Venture approved on 06/10 with a $5k limit. Charged $3k in a single transaction on 06/17 which was the day I received the card and paid in full on 07/22. Charged another $715 in 8 total transaction and left the balance sitting there till this day. Kept hitting the luv button from Day 1 but always denied for account being too new so on 08/08 I tried and got a $400 offer for the first time which I declined. Then on 08/18 I hit the button again and this time around I got a $3k bump bringing new limit to $8k. So for me it took 69 days from date of approval to get a decent CLI. Hope this helps
1) Venture - approved February 2015. Initial limit $10,000.
2) CLI date: April 2015 (2 months later).
3) CLI amount: $10,000 (through luv button).
4) Put a few thousand on it each month to meet spending bonus.
@Anonymous wrote:1) Venture - approved February 2015. Initial limit $10,000.
2) CLI date: April 2015 (2 months later).
3) CLI amount: $10,000 (through luv button).
4) Put a few thousand on it each month to meet spending bonus.
Hollup, hollup... U mean to say u snagged an extra $10k for a total limit of $20k?! That's friggin awesome, I wanna be just like you!!!
@pip3man wrote:
@Anonymous wrote:1) Venture - approved February 2015. Initial limit $10,000.
2) CLI date: April 2015 (2 months later).
3) CLI amount: $10,000 (through luv button).
4) Put a few thousand on it each month to meet spending bonus.
Hollup, hollup... U mean to say u snagged an extra $10k for a total limit of $20k?! That's friggin awesome, I wanna be just like you!!!
Indeed. It was pretty awesome. I have a screenshot of the CLI here:
#ShamelessPlug