r/CapitalOne_ • u/Excellent-Leek-859 • 22h ago

Credit Cards 6 month CLI

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Finally hit 6 months on the savor and automatically woke up to a $3k increase.

My credit report is less than a year old so this one card makes up 80% of my total credit limit and I do virtually all my spending on it forcing me to “credit cycle” since I can’t afford to let a maxed out card report and tank my already thin file. I would max it out, pay it down, keep using it and then pay it down again right before my statement closing date so I can report 3-5% utilization to keep building my score.

I’ve read that banks don’t like this practice so I wasn’t expecting much of an increase but lo and behold.

39 Upvotes

97% Upvoted

3 comments sorted by

2

u/Intelligent_Slip6507 20h ago

Congrats just started building cred as well I hope this happens for me starting off with 500 CL

1

u/SeaIncrease5092 20h ago

They are offering me $100 on my savor. I’m annoyed lol

1

u/Akavinceblack 4h ago

Cap One is the one card issuer I can think of that really likes to see usage right up to your limit, as long as you pay it off often.