Will Amex See My Higher Credit Limit on CapOne Card the Day It Increases?

Stephen_C.

My Capital One credit limit will be increasing next month. If I apply for Amex as soon as the limit is increased, will they be able to see it?

Is there a chance the data they retrieve about me from Experian will be showing my old, lower credit limit?

The_Boss

Very low chance that the credit file is updated that day. You'd be very unlucky.

Stephen_C.

The_Boss wrote: »

Very low chance that the credit file is updated that day. You'd be very unlucky.

Damn. Is there a specific day each month that they normally get updated? Last working day of the month?

Gentoo365

Why do you want them to see the higher limit?

Stephen_C.

Gentoo365 wrote: »

Why do you want them to see the higher limit?

Because a higher limit is more attractive than a lower one. (current limit on this particular card is £500 and would probably be seen as a joke to them).

[Deleted User]

If they see a higher limit and accept you, it may cause them to offer you a lower limit than they might otherwise have done.

pleasedelete

Amex seem to have their own rules anyway.What kind of card do you want- charge or credit?

Stephen_C.

pleasedelete wrote: »

Amex seem to have their own rules anyway.What kind of card do you want- charge or credit?

Gold charge card.

Stephen_C.

Deleted_User wrote: »

If they see a higher limit and accept you, it may cause them to offer you a lower limit than they might otherwise have done.

That's a fair point, but I have heard that in general a higher limit shows other lenders consider you more trustworthy. Also, the charge cards I am looking at applying for don't have written limits.

pleasedelete

Why do you want a gold charge card? I cant see what it will offer you unless it is for an opening offer.

You can use any credit card like a charge card- that is what I do. I used to have amex green then plat then cent then plat again but 12 months ago dumped it and I don't miss it at all. I use a BA Amex credit card as a charge card and a Virgin Atlantic MBNA as another- both get more air miles than the plat amex did.

Did miss the hotel benefits but now I have a virtuoso agent and so far it has been better.

To get much of the travel insurance you have to charge to the card- which usually has a fee charged by the airline. Means the insurance ends up costing a fair bit.

Stephen_C.

pleasedelete wrote: »

Why do you want a gold charge card? I cant see what it will offer you unless it is for an opening offer.

You can use any credit card like a charge card- that is what I do. I used to have amex green then plat then cent then plat again but 12 months ago dumped it and I don't miss it at all. I use a BA Amex credit card as a charge card and a Virgin Atlantic MBNA as another- both get more air miles than the plat amex did.

Did miss the hotel benefits but now I have a virtuoso agent and so far it has been better.

To get much of the travel insurance you have to charge to the card- which usually has a fee charged by the airline. Means the insurance ends up costing a fair bit.

• 22,000 Avios for spending £2000 in 3 months (not too hard for me to do).
• 2 avios/£1 on petrol and supermarket spend - few cards can offer that.
• Free for the first year. I will drop to a fee-free card if I can't justify it for another year.