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capital one credit classic limit increases please input feedback

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Comments

  • Lulee36 wrote: »
    got a letter to say my limit will be increased from 200 to 500 on 20th January 2012

    How long have you had the card? How much have you been spending on it? Have you been paying it off in full.
  • callum9999
    callum9999 Posts: 4,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    How long have you had the card? How much have you been spending on it? Have you been paying it off in full.

    My limit was increased from £200 to £800 (without them actually telling me - I just noticed the limit on the statement had changed a couple of months afterwards!) after about 5-6 months. I always paid mine in full but I can't remember how much I spent on it. At least something every month, probably around £100 most of the time.
  • Lulee36
    Lulee36 Posts: 197 Forumite
    How long have you had the card? How much have you been spending on it? Have you been paying it off in full.

    ive had it about 5 years first increase but also have a progress card which came with a 1k limit
  • marilyna
    marilyna Posts: 150 Forumite
    I started with £200, then it was increased to £400 after the fourth statement. Got an increase last month to £1000. I have had the card for 16 months.
  • PhenoM
    PhenoM Posts: 178 Forumite
    My limit was increased from 200 to 800 after 8 months.
  • owon
    owon Posts: 19 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Got my first increase with capital one classic today, from £500 - £1500.
    Had the card for about 4 and a half months.
  • Simon7685
    Simon7685 Posts: 1,117 Forumite
    Part of the Furniture 500 Posts
    Had mine for 6 months now, started at £200 and still £200.
  • Gavin78
    Gavin78 Posts: 256 Forumite
    Part of the Furniture 100 Posts
    I have had my card 3 years now and first increase was in the 4th month £200 to £400 it has been on that ever since.

    Kept my card at around 70% usage and always paid around £50/£60 a month off never had an increase and paying a small amount to them every month doesn't seem to matter.

    I've used the card for small things but thinking now of going with a more legit company that reward for payments.

    I did email cap 1 sometime ago asking how often they review accounts for limit increases and was told the accounts are looked at every month.

    Thats only the response I got haven't had any further communication from them since
  • Initially had card with limit of £200, 1 year later this was increased to £800 and approximately 10 months later increased to £1,800.
  • Simon7685
    Simon7685 Posts: 1,117 Forumite
    Part of the Furniture 500 Posts
    Update for my Classic card:

    Opened August 2011
    Just had notification of my first increase, effective from 1st June 2012. Gone from £200 to £800.
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