I noticed when cleaning out my desk, I found the offer for my current Capital One Secured Card, which states:
“Get access to a higher credit line after making your first 5 monthly payments on time with no additional deposit needed”
So I logged into my Capital one and clicked on payment history. The payment I just made this morning WILL BE my 5th monthly payment.
So here is what I want to know.
1. Is the CLI a given, or must one meet score requirments?
2. Is the CLI a pre-set ammount, or does it vary?
3. Is it automatic, or must one call in and ask?
BTW in case anyone asks, I have always paid my bill in full and on time.