capital one credit classic limit increases please input feedback

PROLIANT

Hey Darcy boy! My starting limit was £200 and increased to £500 last year, no ore out them though, they are renound for one-off increases then that is your lot mate.

sscott5581

Hi there

Starting limit £500 increased to £1100 after 4 months.

londonuk2008

started at £200 and then in January , I got my 4th month increase to £500 and thats it!

darcyvuqua

thanks guys keep them coming

louiser123

hi darcy,
i got 100 start limit, increased on 4th statement to 300, nothing since, i rang yesterday to request/ask for limit increase they said they dont give them by requests you have to wait until they periodically look at your account , when asked when those periodic reviews are the guy said i dont know, it may never be looked at!!! hmmm i am considering closing it to be honest. also on another note paid mine this month only needed to pay 14 quid odd, always pay by debit card online but had problems, said it hadnt gone through did it again and got same message on checking my account it was infact deducted from my debit card twice they say they havnt got it but it is there in black and white payment to capital one (europe), so im in a wrangle with them now!!!
im not too happy with them at all at the moment, and to be honest the 300 credit limit with no idea if ever it will be increased isnt too good either.
i had one settled default on my file settled for 4 yrs when i eventually got accepted.

dolally_2

Would be interesting to know if the people who have had decent increases pay their accounts in full each month or just minimum.
On the one hand paying in full means you can afford it but on the other just paying minimum makes them money.......which do they prefer?!

LilacPixie

Initial limit £200 upped it to £500 after 4 months. I am a charge and pay off type of girl, £140 ish of petrol a month always paid in full.

I have far too many searches on my file to consider applying elsewhere for 12+months so I am just waiting it out.

SimbaSimon

I got one with a £500 limit, wasn't worth it so cancelled soon after.

£500 is nothing when used for monthly spending.

louiser123

dolally wrote: »

Would be interesting to know if the people who have had decent increases pay their accounts in full each month or just minimum.
On the one hand paying in full means you can afford it but on the other just paying minimum makes them money.......which do they prefer?!

hi dollaly,

i have done both with them, pay in full usually but have on occasion only paid minimum, sometimes half of balance but still no joy with a limit increase.
i think they are a strange bunch to be honest, from reading posts on here it seems it doesnt follow a pattern, some ppl have had a decent start limit with quite a bad credit file, yet others whos credit isnt so bad have had the 100 start limit. and many seem to be declined altogether many times before actually getting accepted. i may be a bit dumb but i have never heard of a credit card company who refuse to let you ask for a limit increase, and will only do it after a periodic review which as the guy on cust service said can be never, not all accounts are looked at (his words not mine!) i know that no company has to give a limit increase ect but most do have the facility to request one nad have the account looked at then.

Sammy_Girl

dolally wrote: »

Would be interesting to know if the people who have had decent increases pay their accounts in full each month or just minimum.
On the one hand paying in full means you can afford it but on the other just paying minimum makes them money.......which do they prefer?!

My limit got increased from £1000 to £1650. I have a DD set up to pay the full amount off every month. Some months it has been quite hairy with the amount of spending I've done, but I have to swallow it and pay up. I know that's how I got into debt in the first place, by not paying in full every month. The lenders do receive a percentage of every sale when a Visa/Mastercard is used, so they still make some money