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Capital One increases
Jabberjane
Posts: 1 Newbie
in Credit cards
Hello how common are 4th statement increases with capital one now ive just had it come through but cant see anything its still the initial limit of £200 do they write to you or are you given the 30days notice thing yes i am aware not everyone gets them just curious if they will
0
Comments
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Banks normally write / message you to offer you an increase unless you set it up to automatically accept them - even then they usually tell you and that they will apply it unless you say no, there is notice.
As to how common - how long is a piece of string, what others have got has no relevance as each situation is unique - if they think you are worth it, they will. If you had the card for say 6 months and can show proper use (spend, pay in full by DD after the statement) then you could try asking for one.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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