Reply
Regular Contributor
Posts: 232
Registered: ‎02-05-2012
0

Is Capital one finally changing their Anti-Credit limit increases and giving them??

I tried for the millionith time to get an increase with them because that 1,000 limit just rubs me the wrong way considering how long i've been with them and loyal.

Well of course, everytime you get declined for an increase they email you a generic reason why, but this time it's not the "we're sorry but your account is ineliglible for an increase right now, we'll be doing reviews periodically" or something to that effect.  Today I got a different one.

 

 

 

Thank you for contacting Capital One® regarding your account. Unfortunately, we cannot approve a credit line increase for the following reason(s):

This Capital One account is not currently eligible for a credit line increase upon request. We're reviewing our policy for increasing credit limits. While we do this, we won't be able to offer you more credit.

We regret any inconvenience and look forward to continuing to serve you. Please keep in mind the great benefits your card offers, like 24/7 online account management that allows you to change your payment due date, make online payments, and set up e-mail or text alerts to notify you when you approach your credit limit. To manage your account online, go to www.capitalone.com.

If you have any questions about this decision, please give us a call at 1-800-955-7070. Thank you for being our customer.

Sincerely,

Capital One Customer Care Team Are they finally realizing their policy is crappy, when you have people with great credit and good income asking for possiblly a measley 500-1000 more and can't get passed 1,000?? This was my builder card and it served it's purpose and i'm wondering if once it serves its purpose they automatically take you off of the increase limit list and save it for the ones struggling to rebuild? I'm mean their not stupid, if they know I have chase and Discover with cash back rewards and decent limits, that they know no matter how much more they give me i wont use them because of the no rewards!? hmmm

Current: TU 753 EQ 755 EX 753 (GE credit pull)
Goal 800+
WHAT'S IN MY WALLET: Citi Simplicity 10,000 / Discover IT 9,200/ Chase freedom 4,800/ Care credit 10,000/ R us MasterCard 3,500/ kohls 2,500/ LensCrafters 2,400/ Capital1 platinum 2,000
Regular Contributor
Posts: 237
Registered: ‎06-27-2011
0

Re: Is Capital one finally changing their Anti-Credit limit increases and giving them??

Been like this for months, I wouldn't get your hopes too high.


Starting: 563 | Current: 753 (Walmart TU 11/12) | Goal: 800 | Garden since: 01/15/2013

Moderator
Posts: 13,892
Registered: ‎04-15-2011
0

Re: Is Capital one finally changing their Anti-Credit limit increases and giving them??

Kind of like when you were a kid and asked your parents for something and they said they're thinking about it.  Yup, they're thinking, just not doing.  Smiley Happy

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Regular Contributor
Posts: 232
Registered: ‎02-05-2012
0

Re: Is Capital one finally changing their Anti-Credit limit increases and giving them??

LOLSmiley Very Happy sooo true. The only time i got excited was when my parents said "maybe" it was always a yes...thinking about it is a no!

Current: TU 753 EQ 755 EX 753 (GE credit pull)
Goal 800+
WHAT'S IN MY WALLET: Citi Simplicity 10,000 / Discover IT 9,200/ Chase freedom 4,800/ Care credit 10,000/ R us MasterCard 3,500/ kohls 2,500/ LensCrafters 2,400/ Capital1 platinum 2,000
Highlighted
Frequent Contributor
Posts: 396
Registered: ‎04-02-2012
0

Re: Is Capital one finally changing their Anti-Credit limit increases and giving them??

They've been "reviewing thier policies" for years now...

My Wallet:
Discover It $14,300 | Chase United $12,000 | Chase Sapphire Preferred $7,000 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $4,200 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.