Does your current credit card company have the ability to see if you've recently gotten a new card and it's limit BEFORE
it's reported on your credit report? Capital 1 just gave me a WHOPPER of an increase for my 1st
increase(started with $500
. Now it's $3,500
). I was told to expect $750 around the forums as well as when I asked the CSR. Well, I recently (August 1st
) applied and received my Discover card with a $2,000
CL. It would've been my highest limit thus far. Next thing I know, Cap 1 matches that limit and
raises it! Discover is brand spanking new, and from what I read, isn't expected to report for another 2 months. With that said, there's no way Cap1 didn't have this info and decided to give them a run for their money. I have another auto increase in Sept. scheduled for my second Cap 1 card. Wonder how much they'll give me for that one? Probably the $750(lol). I've been very good to Cap1. Spent crazy money with them so far. Been paying early and paying multiple times a month. I guess they didn't want me to go to the other side(which I planned to do). I was going to make the Discover my primary card but back to my Cap1 I go...
Also, last month my Fingerhut was increased to 1,100
from $500. Wonder if that played a role instead? I feel like they'd feel Fingerhut wouldn't be their competition though since it's more a "department store" credit card.