Sub Prime cards - credit limit increases?

poh75

Hi

I have a capital one classic card, and after 4 months got my limit increaed to £500 from £200. I was wondering if they keep doing this every 4 months ( I have been clearing it off every month).

On the other sub prime cards, how quick do they increase. Is it worth trying to get them all and so build your credit limit that way?

Basically I travel a lot for work - and its turning into a real problem paying for hotels / flights etc. Work cover some of them direcrly with a company card, but directors are not always around and hard to explain why i do not have some gold card.

I need a card with about £5000 a month, of which it would all be cleared off. Wondering the quickest way to do this.

Have 2 defaults (both settled) nothing else. They are due to drop off in 2 years.

Or does anyone know of a card company that only check experian and not equifax?

Thanks

skyrider007

You should get a corporate card from your company. Cap 1 does not necessarily increase limit thereafter the first increment.

poh75

Thanks for your comments, but most smaller companies do not provide company cards. Only our directors have company cards and even then they were made to put in their own names. i know when the account dept gets behind and forgets to pay them they get screw and they are always moaning and they own the company!

My question was really to people who have had Capital One classic cards. What did other people experience after the first 4 months once they got to £500.

PROLIANT

Nothing, mine is still @ £500 1 year on...

c8ndice

I took out my capital one classic card when you had to give a secure deposit. The limit was £200.

It has now been 3 years since I've had the card, and it was increased to £600 on the 7th statement, and has not increased since.