topic Re: Capital One Secured Max Limit? in Credit Cards

Capital One Secured Max Limit?

Hogue69 — Sat, 06 Oct 2012 04:10:48 GMT

I'm thinking of adding $500 dollars every 2 weeks to my Capital One Secured Card until I reach the $3000 dollar max, they do say that they MAY extend you a CLI after you've demonstrated responsible use, but are there any accounts of them extending a CLI over the max $3000?

Re: Capital One Secured Max Limit?

Dustink — Sat, 06 Oct 2012 05:18:30 GMT

Get a secured card from the bank you have your checking account with.

Don't give Crap1 any more money.

Re: Capital One Secured Max Limit?

Dustink — Sat, 06 Oct 2012 05:14:49 GMT

Cap1*

Re: Capital One Secured Max Limit?

jsucool76 — Sat, 06 Oct 2012 06:12:02 GMT

The cap1 secured is actually pretty decent. It doesn't report as a secured card. Im not sure if they go over 3000 with their unsecured CLIs though. I've never seen anyone with a limit over 3000$ on a secured with them.

Re: Capital One Secured Max Limit?

SnackTrader — Sat, 06 Oct 2012 13:03:07 GMT

Some secured cards report a hard pull everytime you add funds to your account, but I'm not sure of the situation with this card.

Be aware of that and ask questions first. You don't want to end up with multiple HPs on a secured card if you can help it.

Re: Capital One Secured Max Limit?

shakalaka — Sat, 06 Oct 2012 13:31:04 GMT

AFAIK it isn´t a HP for CapOne if you add money. It wasn´t for me.

BofA is HP

Re: Capital One Secured Max Limit?

Wolf3 — Sat, 06 Oct 2012 15:13:53 GMT

Capital One is a good secured card. They do not HP on increases, they do not report as secured.

I got $300 CLI at 6 months, and I had built it to $2200 at that time. I have never seen anyone report getting more than $300. If you really wan that unsecured CLI, I suggest you stop short (about $2500) and wait past the 6 months. Or take a chance and see if they will add to the $3000. My guess is that they will.