Vanquis - 5th Month Limit Increase

T-G-C

Matty17 wrote: »

I opened the classic card £200 limit in may, I tried around September and got the same affordability message via quick check and tried again September 25th. 100% pre approved for another £200 classic card. Consolidated and repeated again November. Capital one ask you too wait 2 month after a consolidation to apply again.

To summarize;

1. You opened a £200 Classic card in May 2017.

2. You attempted the Quick Check in the start of September with the same affordability message outcome that I posted from my result.

3. You tried again a few weeks later in September and was pre-approved for their Classic card with another £200 credit limit.

4. You phoned up and transferred your credit limit onto the first card, making your credit limit £400 in total.

5. You used Quick Check in November and was pre-approved again for a Classic card with £200 and consolidated, totaling your credit limit to £600 now.

Would that be a correct timeline of events?

It does seem odd that the affordability message disappeared for you in the same month - did you have a high credit utilization on the first attempt or was it purely luck the second time in September?

Matty17

Yes thats how it worked for me. Its strange how I hot the affordability message then a straight approval. How long have you held your card?

[Deleted User]

I've just recently consolidated 2 capital one cards - one with £750 on it and one with £1500 on it.
So now I only have 1 card, but with a £2250 limit on.

Then I will wait 4 months, apply for another card, and repeat again.. and so on...

You can look at the Source Code of the acceptance or decline page and there is a line of code in there that tells you

a. if accepted, what your limit will be between (e.g. between £750 and £1500) - a line of code with the term "CrLineAlocd" will show your min and max offers - you could get any number from and upto this figure.

b. if declined, the reason why - L2M means you have the maximum of 2 cards, or it's been less than 4 months since you closed/consolidated one of your cards.
There's also a code for having a max limit with Capital One already (which I believe is £4000)

There's a whole thread on it here: https://forums.moneysavingexpert.com/discussion/5520149

T-G-C

!!! wrote: »

I've just recently consolidated 2 capital one cards - one with £750 on it and one with £1500 on it.
So now I only have 1 card, but with a £2250 limit on.

Then I will wait 4 months, apply for another card, and repeat again.. and so on...

You can look at the Source Code of the acceptance or decline page and there is a line of code in there that tells you

a. if accepted, what your limit will be between (e.g. between £750 and £1500) - a line of code with the term "CrLineAlocd" will show your min and max offers - you could get any number from and upto this figure.

b. if declined, the reason why - L2M means you have the maximum of 2 cards, or it's been less than 4 months since you closed/consolidated one of your cards.
There's also a code for having a max limit with Capital One already (which I believe is £4000)

There's a whole thread on it here: https://forums.moneysavingexpert.com/discussion/5520149

Oh damn, I closed the page now and don’t want to do it again in case it screws my chances of being pre-approved for 6 months or something :rotfl:

T-G-C

Matty17 wrote: »

Yes thats how it worked for me. Its strange how I hot the affordability message then a straight approval. How long have you held your card?

The acceptance date of my Capital One card was on 14th September 2017, so I’ve had the card for 3 months - 4 months on the 14th January.

Today Quick Check hasn’t given me much hope, as illustrated in the picture.

[Deleted User]

You can do it again as it's only a soft-check

Also, it's 4 months to the day, hour, minute and second - it's surprisingly precise!

T-G-C

!!! wrote: »

You can do it again as it's only a soft-check

Also, it's 4 months to the day, hour, minute and second - it's surprisingly precise!

That’s what happens when computers take over, UNIX timestamps assign such data to the millisecond.

Do you think there’s a chance that on 14th January, at exactly 15:22 (time of acceptance :rotfl:) would increase my chances of the soft check passing? I didn’t think 4 months was the time needed before getting another card, but it seems to be the case for others perhaps!

I’ve only ever had one card with them and a £200 limit, so the two reason codes you mentioned can’t apply to me.

My credit utilisation is high, but as a subprime lender they should analyse further than basic figures, as they’ll see I make big payments to Vanquis every month, provided Vanquis actually record that data with the CRA.

A4445

!!! wrote: »

I've just recently consolidated 2 capital one cards - one with £750 on it and one with £1500 on it.
So now I only have 1 card, but with a £2250 limit on.

Then I will wait 4 months, apply for another card, and repeat again.. and so on...

You can look at the Source Code of the acceptance or decline page and there is a line of code in there that tells you

a. if accepted, what your limit will be between (e.g. between £750 and £1500) - a line of code with the term "CrLineAlocd" will show your min and max offers - you could get any number from and upto this figure.

b. if declined, the reason why - L2M means you have the maximum of 2 cards, or it's been less than 4 months since you closed/consolidated one of your cards.
There's also a code for having a max limit with Capital One already (which I believe is £4000)

There's a whole thread on it here: https://forums.moneysavingexpert.com/discussion/5520149

My Capital One limit is £7250!

T-G-C

A4445 wrote: »

My Capital One limit is £7250!

Alright, don’t rub it in!

:rotfl::rotfl::rotfl::rotfl::rotfl:

A4445

T-G-C wrote: »

Alright, don’t rub it in!

:rotfl::rotfl::rotfl::rotfl::rotfl:

Sorry lol :rotfl:

It's a normal Cap One card not credit builder card so I think the limits work differently. They won't increase anymore tho I must have reached the limit of what they think I can afford. I hardly ever use the card anymore.