I must say that is the best humor I could have had today when reading anything about Capone. (Make sure you pronounce that right!)
I got a CLI from Capone today. I got a raise from $300 to $500. I think this is kinda funny as now I have to figure it out. It is a Household Bank Capital One Card from HSBC. (It actually is one of their better cards. No annual fee, rewards, no international transaction fees, basically a good rewards card. I have earned 3800 rewards points so far. I haven't actually used it that much either. (I did have 2 other cards with them, read my story from earlier in the thread.)
I called today and asked Household/Capone if I could have a CLI. They asked how much did I want. I said I wanted a limit of $3,000. (The account is 9 months old and the new card I have with WFNNB-Marathon Visa is $2,500.) I thought if maybe I asked for a high limit, they would pull either a soft or hard pull to my credit and see the new card and give something in between it. Nope, $200.
Now my questions are.... Is this the normal $200 that all Capone cardholders get and they have simply merged that in with HSBC policies? Is this the first step in building the limit with them? If so, will my account now get regular increases or do I have to request them? Can I get both? Is this because their systems are merged and they know I closed the one Capone card? Is my account not classified as a subprime card? (They told me it was near prime, now how does Capone deal with near prime? Aren't they used to just dealing with subprime and prime?
Anyway, if I remember I will add more info or answers if I get them and remember.
BTW, with the new card my score jumped 20 points.