We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Capital One
willLeeds
Posts: 126 Forumite
in Credit cards
Hi Guys,
I have a poor credit rating and got a Capital One credit card to help improve it.
Ive not had the card 5 months, spent on it each month and paid off the total amount each month.
My statement is due in the next couple of days, but my credit limit is still only a tiny £200.
Is there anything else i should be doing?
I have a poor credit rating and got a Capital One credit card to help improve it.
Ive not had the card 5 months, spent on it each month and paid off the total amount each month.
My statement is due in the next couple of days, but my credit limit is still only a tiny £200.
Is there anything else i should be doing?
0
Comments
-
Hi Guys,
I have a poor credit rating and got a Capital One credit card to help improve it.
Ive not had the card 5 months, spent on it each month and paid off the total amount each month.
My statement is due in the next couple of days, but my credit limit is still only a tiny £200.
Is there anything else i should be doing?
Nope seems like your on the ball. Capital One reviews the credit limits from time to time and it varies from customer to customer as to how long between increases. Keep doing what your doing and I see no reason why they won't increase it maybe £1000 and see how you go with that. As I said though it does vary and they will decide if and when to increase, there isn't a great deal more you can do.0 -
I too took out a capital one credit card and got the £200 limit. This was in January 2012 and I still have £200 even after the apr went down after 6 months, but I was told by a friend who has a capital one card to apply to have the limit increasedVirtual sealed pot 2019 member #6 :j
£0.00/£200
0 -
Capital One are quite strict with credit limits. I have had one for 36 months and still only have 200 limit.
Use it just for the green ticks.
John0 -
I too took out a capital one credit card and got the £200 limit. This was in January 2012 and I still have £200 even after the apr went down after 6 months, but I was told by a friend who has a capital one card to apply to have the limit increased
wouldn't bother, they will just tell you that they periodically review the credit limits and will notify you if they increase it0 -
Hi Guys,
I have a poor credit rating and got a Capital One credit card to help improve it.
Ive not had the card 5 months, spent on it each month and paid off the total amount each month.
My statement is due in the next couple of days, but my credit limit is still only a tiny £200.
Is there anything else i should be doing?
I think £200 is more then enough for someone who's got a bad credit history IMHO.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards