cancel
Showing results for 
Search instead for 
Did you mean: 

Capital One Credit Limit Increase

Regular Contributor

Capital One Credit Limit Increase

I just looked at my account today and my credit limit rose from $500 to $750....

 

I did not request any sort of an increase, does this kind of stuff happen often? My credit scores have recently jumped from high 600's to mid 700's....

Message 1 of 24
23 REPLIES
Frequent Contributor

Re: Capital One Credit Limit Increase

This is typical CLI for a "credit steps" program  card ...you may have been part of it, but sounds like maybe  you didnt know it ? lol

TU-721 (MortgagePull) EQ- 697(MortgagePull ) EXP 693(MortgagePull) FWEB 24,2015
My Wallet : Dicover More 35,500 CL -Amex Zync NPSL -WellsFargoRewards4800 - -CapOne 3000CL -GEMBWalMart 5000CL - Zales 4000CL-Kays 2900--Macys 5000CL /SSFCU 5000CL / CitiBank Diamond Pref 15000CL - CHASE Freedom 13500CL -Lowes 10,000 CL - BBuyStoreCard 10,000CL Sears Store Card (Citi) 3000 - Firestone CFNB 1400 Toyota Financial $35,000 Auto -2200DiscountTire(GECRB) Citi TY Preferred 8100CL - Chase Slate$4000-BofA15000-ToyotaRewardsVisa$10,700 -BofA$8500 AMEX BCE 9,500
Message 2 of 24
Super Contributor

Re: Capital One Credit Limit Increase

Definitely sounds like credit steps. In your online account go to "Statements & Documents," click documents and look for one that says credit steps enrollment or something like that.
Message 3 of 24
Valued Contributor

Re: Capital One Credit Limit Increase

Hmm I just check my Cap1 Cash Rewards and it also said I am enrolled in creditsteps also. My current CL is 2k, so I get 250? LOL

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Message 4 of 24
Valued Contributor

Re: Capital One Credit Limit Increase


armbenderc wrote:

Hmm I just check my Cap1 Cash Rewards and it also said I am enrolled in creditsteps also. My current CL is 2k, so I get 250? LOL


Around 50% of current CL seems to be customary.  So maybe as high as 3k?  Haven't seen that many credit steps cards with decent lines

 

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Message 5 of 24
New Contributor

Re: Capital One Credit Limit Increase

They say they review them automatically for increases.  I have two CapOne cards that went from $500 to $750 also.  That was a few years ago and have perfect payments and 0 balance and I am waiting for them to go higher than $750 now.  I have called to request increase but have been denied.

 

Your credit score is better than mine, (you are in the very good credit range) it seems like they should be giving you a higher limit than $750.00

 

Has anyone else notice CapOne being really rough with credit limits?


Starting Score: 609
Current Score: 675
Goal Score: 720


Take the FICO Fitness Challenge

Message 6 of 24
Valued Contributor

Re: Capital One Credit Limit Increase


gainingground wrote:

They say they review them automatically for increases.  I have two CapOne cards that went from $500 to $750 also.  That was a few years ago and have perfect payments and 0 balance and I am waiting for them to go higher than $750 now.  I have called to request increase but have been denied.

 

Your credit score is better than mine, (you are in the very good credit range) it seems like they should be giving you a higher limit than $750.00

 

Has anyone else notice CapOne being really rough with credit limits?


Besides everyone else on this board?  There are dozens of threads devoted to it.

 

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Message 7 of 24
Established Contributor

Re: Capital One Credit Limit Increase


Jutz wrote:

gainingground wrote:

They say they review them automatically for increases.  I have two CapOne cards that went from $500 to $750 also.  That was a few years ago and have perfect payments and 0 balance and I am waiting for them to go higher than $750 now.  I have called to request increase but have been denied.

 

Your credit score is better than mine, (you are in the very good credit range) it seems like they should be giving you a higher limit than $750.00

 

Has anyone else notice CapOne being really rough with credit limits?


Besides everyone else on this board?  There are dozens of threads devoted to it.

 


Dozens? Aren't you cutting that number short just a bit?Smiley LOL


What's in my wallet: Cap1 Venture NFCU Sig Visa Delta Gold Amex BCE Citi Simplicity IHG World MC Amazon Visa CSP
Starting Score: 5/2010 550-ish
Current Score: 6/20/2013 TU 800 6/20/2013 EQ 770 6/20/2013 EX 775
Goal Score: 800 accross the board
Message 8 of 24
Valued Contributor

Re: Capital One Credit Limit Increase


Cageym wrote:

Jutz wrote:

gainingground wrote:

They say they review them automatically for increases.  I have two CapOne cards that went from $500 to $750 also.  That was a few years ago and have perfect payments and 0 balance and I am waiting for them to go higher than $750 now.  I have called to request increase but have been denied.

 

Your credit score is better than mine, (you are in the very good credit range) it seems like they should be giving you a higher limit than $750.00

 

Has anyone else notice CapOne being really rough with credit limits?


Besides everyone else on this board?  There are dozens of threads devoted to it.

 


Dozens? Aren't you cutting that number short just a bit?Smiley LOL


haha, just counting the front page worth.  that better?

 

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Message 9 of 24
Regular Contributor

Re: Capital One Credit Limit Increase

I didnt complain about the $500CL when I first got the card because I had a few blemishes on my credit report. Since then my credit has gotten a lot better and I have nothing negative on my report. 

 

I plan to ask for a CLI and apply for another CC, but I am currently in the process of getting a mortgage and dont want to do anything to screw that up.

 

And yes, I am involved in the credit steps program but I had no idea Smiley Happy

Message 10 of 24