@CreditCuriousity wrote:I will be real curious if they actually hand out SP cli or CLI's at all on these recent round of approvals at >10k+ or if that is the limit you are set at with for life.
If someone really pushes their $10k+ limit (meaning $9k monthly on a $10k CL) and PIF on a regular basis, Cap One will probably grant a CLI. People with that level of spend, however, are likely not in this cohort.
@Anonymous wrote:
@CreditCuriousity wrote:I will be real curious if they actually hand out SP cli or CLI's at all on these recent round of approvals at >10k+ or if that is the limit you are set at with for life.
it better be not my life limit
Well, as a point of reference, I've had my CapOne $10k limit since 2003, through the credit crisis, BT and paid down, running more heavy BT through it. Recently asked for a CLI, first time ever, and was denied for, basically, not enough usage.
That is the basis of my statement that if one runs $9k through a $10k card on a regular basis, CapOne might consider a CLI. However, these recent CL that are being granted seem to already anticipate a certain spend level that the cardholder has demonstrated, and build in a buffer above that, thus, I will be very surpised if any of these large CapOne limits are ever increased for the cardholder, ever. Ever.
@NRB525 wrote:
@Anonymous wrote:
@CreditCuriousity wrote:I will be real curious if they actually hand out SP cli or CLI's at all on these recent round of approvals at >10k+ or if that is the limit you are set at with for life.
it better be not my life limitWell, as a point of reference, I've had my CapOne $10k limit since 2003, through the credit crisis, BT and paid down, running more heavy BT through it. Recently asked for a CLI, first time ever, and was denied for, basically, not enough usage.
That is the basis of my statement that if one runs $9k through a $10k card on a regular basis, CapOne might consider a CLI. However, these recent CL that are being granted seem to already anticipate a certain spend level that the cardholder has demonstrated, and build in a buffer above that, thus, I will be very surpised if any of these large CapOne limits are ever increased for the cardholder, ever. Ever.
Did you go through EO? The online CLI request often tells me I can't have one due to lack of use of the card. This is true however, since at most I run several hundred through a 10k card and some months I don't use it at all. I haven't tried the EO other than the first time when I went from 5k to 10k. Back then it was one of my two only cards so it saw pretty heavy use though.
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