We got a CLI with Cap One

[aces67]

We applied about a month after our discharge. They approved dh for $350. We've been using the card and paying in full every month. I just went online and saw that our new limit is now $500!

That's a step in the right direction!

[liz417]

I applied to CapOne about a week after discharge and was approved with a $500 limit!! Got a card for my husband about 2 weeks after discharge and he received a $1000 limit (don't know why so high), anyway, that's all we'll need to start rebuilding our credit.

[laurannm]

Congrats!! Now use it wisely

CapOne has a program called CreditSteps that most of their new accounts automatically become enrolled in. If you make your first three payments on-time and do not go over the limit, you'll get an automatic CLI. Then if you make the next three payments on-time after that, you'll get another CLI.

[aces67]

I applied to CapOne about a week after discharge and was approved with a $500 limit!! Got a card for my husband about 2 weeks after discharge and he received a $1000 limit (don't know why so high), anyway, that's all we'll need to start rebuilding our credit.

We both applied and you know what? We filed BK together. They approved dh and denied me. There reason was I filed BK. Odd huh?

But dh added me to his card and now it reports on my credit also. That's all I really wanted to begin with.

[jennordhavn]

Congrats!! Now use it wisely

CapOne has a program called CreditSteps that most of their new accounts automatically become enrolled in. If you make your first three payments on-time and do not go over the limit, you'll get an automatic CLI. Then if you make the next three payments on-time after that, you'll get another CLI.

That's good to know. I have made two payments on mine (paid balance in full both times). It would be nice to get a little increase before Christmas. I have been using our credit cards for our everyday expenses and then paying off the balances in full every month. It works out well because I am buying stuff we need/use anyways and I don't pay interest since I'm paying off the full balances!

[aces67]

That's good to know. I have made two payments on mine (paid balance in full both times). It would be nice to get a little increase before Christmas. I have been using our credit cards for our everyday expenses and then paying off the balances in full every month. It works out well because I am buying stuff we need/use anyways and I don't pay interest since I'm paying off the full balances!

That's what I do also. That way I'm not making new debt and still using the card and paying in full. It's worked perfectly for us.