How soon before I can get a cli from cap1? Is it a soft pull or hard pull?
SPs and typically its 6 months but there have been cases of less time of late so if you have had a few months of time pass since last CLI I would try the love button, good luck
I just got an increase via button. My account is 2 month old. Id tried after my 2nd statment and letter said it account to new. Then i tried 10 days after my 2nd statement and bam got an increase. The only reason i tried an increase is because i seen a post on here of someone getting an increase when account was only 2 months old.
Was it a soft pull or hard pull?
I was told by a credit analyst from Capital One that the best way to get a CLI and pretty decent increase is to use your card as much as possible. Don't be affraid to push the limit of your card up to 90%. Just pay down the balance as soon as the pending charges are posted. He said that this is a sure way to get a CLI if you call through the EO office. I'm currently working on doing this with my Quicksilver One card, which I was upgraded to only 1 week after receiving my Cap1 Platinum card. I only have a $300 limit on it, but the analyst told me to use it like crazy and call back in a month or so and I should be able to get upwards of $2,000 +. They try to match your limit with your spending habit. The more you spend, the bigger buffer of a limit you should have. Just PIF no matter what! Also, only worry about your utilization rate when you are trying to apply for new credit, not so much a CLI.
A new card will get a CLI after 6 months, use you card on a regular and you will be eligible for a increase every 6 months. I just hit the love button and got approvesd for 4 out of 5 CLI. Yes