Capital one / credit limit rises

chanz4

cap1 one are naff for increases, hence a shreded card

BugsyBrowne

Capital one dish out sub-prime & prime cards and their good/excellent credit rated cards are very generous with credit limits some over 12k hence trusting the customer as they have a decent credit rating.

Capital one sub-prime cards dish out credit limits of £200+ and don't increase on a regular basis for the reason they are handed out to people who have not managed credit facilities very well in the past.

So can't see why people can't understand why increases on their sub cards are not on a regular timescale.

Sub-prime cards are not about credit limit increases they are about improving your credit files.

MrSilk

Look at this from their point of view.. If you pay off the balance in full at the end of each month, why would they feel the need to increase your credit limit?

If you had a balance on the card, and paid only the minimum, of course they would increase the limit in hope you spend more and more.

davethorp

Had mine since June last year. No increases

PDF

Two experiences here....

My card £200 limit, paid off in full every month, no increase and had card for well over a year.

My wifes card, she had it for about two years with a £200 limit, paid off the balance in full and no increases....it lay dormant for about 6 months due to having better cards, then we used it to buy some things from ebay (we had the wrong card selected on paypal hence the use of Cap1 card)

We only paid off the minimum for a few months via DD and as we were near the limit, they raised it pretty quickly without being asked.