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when do capital one offer credit limit increase?

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I'm using their adverse credit card with the high APR. I have just received the 4th statement and again paid off the balance in full. What are your experiences with them increasing the credit limits.
I came into this world with nothing and I'm gonna leave with nothing.
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Comments

  • When I had a Capital One it took 6 months for them to increase. BTW that was from £500 to £1500.
  • phild145
    phild145 Posts: 74 Forumite
    Tenth Anniversary Combo Breaker
    I got my card 12 months ago with a £1500 limit, not been increased yet
  • tomxlisa
    tomxlisa Posts: 536 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    They do seem to be rubbish at increasing limits.
  • zerog
    zerog Posts: 2,478 Forumite
    My limit got increased every 9 months and is now £3000, which I didn't even think they would offer with my card (supposedly a "bad credit" card, but continues to have benefits of 0% foreign purchase fees and 0.5% cashback, which they haven't removed unlike some of their other products)
  • MrSilk
    MrSilk Posts: 1,515 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Once in a blue moon. I just closed my old progress card that was at 23% APR. Their cards and CS had been going downhill for a while. Stuck with AmEx who've kept my Platinum Cashback card at 13% APR for purchase, but clear in full each month by manual payment
  • Dandytf
    Dandytf Posts: 5,073 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've just received my 1st increase from 200-450 from Cap1.

    Think its over 1 year since I go this card.

    I haven't setup dd-I make payments online in advance of payment due date.

    I only use it for emergencies if at all
    Only used slightly above 50% last year and cleared over 2 payments,

    I'm enjoying using debit card 99% time.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
  • I believe capital one state the account must be 6 months old before it is eligible, then it would be down to account management and your financial circumstances. Impossible for anyone to say when it will happen, only that after 6 months it becomes a possibility
  • rowla
    rowla Posts: 53 Forumite
    Part of the Furniture 10 Posts
    Mine increased after 6 months, then again after a further 12 months.
  • I opened a Capital One Luma card last February with a £200 limit. Finally started being accepted for better cards with higher limits after having it just over a year so decided to close it in August. They offered me a limit increase to £800 on the phone whilst closing which I declined. They seem a bit slow to increase unlike Barclaycard initial etc.
  • Kim_13
    Kim_13 Posts: 3,412 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Probably never. Will have had a card with them for 2 years in December, no increase. Although I clear in full by DD each month, so not the most attractive customer.
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