Capital One Credit Limit increase...

digitalphase

I am due for my 4th C1 statement to be generated on the 24th August. I presume that I will get an increase as I've stayed under my limit and not missed any payments.

My limit is £500 at the moment. Any ideas what it could be put up to?

Innocent_Guy

digitalphase wrote: »

I am due for my 4th C1 statement to be generated on the 24th August. I presume that I will get an increase as I've stayed under my limit and not missed any payments.

My limit is £500 at the moment. Any ideas what it could be put up to?

Hi There, usually £1250

never-in-doubt

Innocent_Guy wrote: »

Hi , usually £1250

:beer:
:beer:
:beer:

Innocent_Guy

never-in-doubt wrote: »

shes a woman - mate doesn't sound right 'mate' LOL

:beer:

LOL Edited

You can remove it from your quote if you want

Innocent_Guy

I was aware BTW and the avatar gives it away abit LOL.

Someone was knocking on my office and I didn't want them to see me "Not working LOL!"

digitalphase

Hehe!

Oh that sounds like a good increase! Will it make my file look a bit better as it will reduce my debt/available credit ratio.... Also as it shows I've been given an increase.

Innocent_Guy

digitalphase wrote: »

Hehe!

Oh that sounds like a good increase! Will it make my file look a bit better as it will reduce my debt/available credit ratio.... Also as it shows I've been given an increase.

Happy days..... Well done.

I was thinking about applying for Capital One however I still have loads of searches although Barclays are removing 5.....

I am still waiting to hear back about my shAbbey Zero Application

doelani

Can I ask how much you have been spending per month and have you been paying it off in full ?

I recieved my capitalone card yesterday with £1000 limit, although do not need it increased may as well if they will do it after 4 months , just wondered how much I should spend on it , will be paying it off in full each month though , will they still increase it or should I leave a balance on it ?

Innocent_Guy

doelani wrote: »

Can I ask how much you have been spending per month and have you been paying it off in full ?

I recieved my capitalone card yesterday with £1000 limit, although do not need it increased may as well if they will do it after 4 months , just wondered how much I should spend on it , will be paying it off in full each month though , will they still increase it or should I leave a balance on it ?

Capital one usually offer set increases for 4th statement. These are usually not effected by spending pattern unless you go over the limit, miss payment etc.

Innocent_Guy

BTW - What are both your files like please?

digitalphase

I actually had a default (later changed to late payment marker) on my file when I was accepted for Capital One. This is bad obviously, but I have loads of good history on my account so that obviously helped their decision.

I will report back on Monday what happens once my statement is generated :beer: