Capital One secured Card Question!

[Anonymous]

Does Capital One increase uncecured Limits on there Secured card? If so im at 5 Months. I have heard it is possable at 6mts they possably would do cli.i currently have mine at 500.00 which i increased 200.00 i started with 300. I am trying to build credit befor applying for an unsecured card. When is the right time for me ? Help!

any confermation would be helpful.

Thanks 

Scores EQ/619

            TU/609

            Exp/612

[needtodobetter]

I had a secured Cap One card for three years - always paid more than minimum & always multiple monthly payments.  I never received a credit line increase on my secured card.....BUT others have.  It is not an automatic increase like the steps program.  For some, it happens; for others, it doesn't.  You also cannot request a CLI.  They will deny it indicating that the account is not qualified for requested CLI.  They have to initiate CLI.  

You very likely qualify for one of their unsecured cards.  I would go to their site and try the prequal and see what they offer you.

 https://findmycard.capitalone.com/en/PageVersions/LandingPages/LP_UNS_QUICK_RWD_V01.aspx

Good luck!

[Anonymous]

Thank you for the info best of luck to you in rebuilding!