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capital one credit classic limit increases please input feedback

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Comments

  • Just got a limit increase letter today concerning my Cap One classic card. Increased limit is going from £1500 to £1800 in April.

    Had the account for 3 years, this is the first increase in two and a half years.

    I believe it was because in the last 6 months, I payed off the balance fully at least once in that time. Balance now stands at £700ish :(
  • k2150
    k2150 Posts: 71 Forumite
    edited 28 February 2013 at 8:31PM
    Well I did eventually get accepted for a card 6 days ago and received a pin number yesterday, but still not received the actual card yet so no idea what my credit limit is.
  • I've just received a letter stating that my credit limit is being increased from £200 to £450 on the 6 month anniversary of me opening the card.

    I'm really happy, I spend about £95 a month on the card and so at certain points in the month before the DD comes out I'm nearing the limit which makes me nervous.
  • MrSilk
    MrSilk Posts: 1,515 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I opened by Secures card in 2011, starting limit was £200 with a £200 deposit, a year and a half later they increased the limit to £400.

    Last December I opened up a progress card which gave me a £1500 limit, which I decreased to £1,000.
  • Kim_13
    Kim_13 Posts: 3,347 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    I wish they'd increase mine. Had it a year at the end of the month, no increase. Never missed a payment and sometimes paid some off early due to getting near the limit.

    Am I less likely to get an increase on the Classic Extra than Classic customers are?
  • john2054
    john2054 Posts: 202 Forumite
    I have two credit cards and a student account, with a total credit limit of £4100, so i guess i was just being greedy when i applied for the flybe card. However they turned me down. Nevermind, I guess that will be another dozen or two points knocked off my rating!

    John.
  • Whytetwns
    Whytetwns Posts: 29 Forumite
    I apply for cap 1 classic
    Credit limit 200 4 months later still 200( take note card will be closed end this month )

    Then I apply for cap 1 platinum card 4 months after my classic and
    Credit limit 750
    I will wait see after 4 months on my platinum card from cap 1
  • Rich7111
    Rich7111 Posts: 54 Forumite
    you can request a credit limit increase inside the capital one management area, you have to hold a card for at least 6 months to apply, if you get an increase, you have to wait 8 months before being able to apply for a further increase, I managed to get an increase from 300 to 550 last July and an increase from 550 to 800 this month, small increases but still an increase.
  • john2054
    john2054 Posts: 202 Forumite
    You have to wait 6 months for the first limit increase, as rich said. you have to request it from the website. then after that , you can request an increase every 8 months. at least that is what they told me. I actually think i prefer the barclaycard set up, where you can request an increase three months after the last raise...:beer:
  • Whytetwns
    Whytetwns Posts: 29 Forumite
    well
    had my cap 1 platinum card know for about 6month

    had increase again to 1700 yesterday
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