12-20-2012 04:58 AM
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.
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
12-20-2012 05:08 AM
Been like this for months, I wouldn't get your hopes too high.
Starting: 563 | Current: 748 (TU 8/15) | Goal: 800 | Garden since: 08/10/2015
12-20-2012 05:45 AM
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.
12-20-2012 06:59 AM
LOL 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!
12-20-2012 07:21 AM
They've been "reviewing thier policies" for years now...
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.