I doubt it has anything to do with paying interest but more to do with age of accounts and changes to credit. When I first opened a card with Capital One (2004) I had NO credit. Over the years my credit was on a roller coaster, up and down, up and down. Last year I decided to change it for good and keep focused on it. When I first asked Capital One for a CLI on ANY of my 3 cards I got the usual answer that no offers were available.
Originally, I just cancelled all of the cards. Then I was pissed that now that I was a very "Prime" customer I was still being treated lower than "sub-prime" so I wrote the executives, including the CEO. That is how I ended up with a $10,000 credit limit (keep in mind that they are now refusing a PC into ANY kind of rewards card so it'll probably end up closed again).
Capital One may one day be a good all inclusive credit card company but right now unless you get in when you are prime they will never treat you like it IMO.
Thanks everyone. I was wondering why I cant get a credit limit increase. Never paid any interest on my credit card and want a higher limit so I can stop paying every couple of weeks to just once a month. I was thinking they only like to give CLI to the ones that pay interest so they can make more money. Just a thought I had........
You either hear the hate for cap one or the love. They can't seem to make people only 'like' them
Well I can appreciate Capital One for paving the way for my credit future by giving me my first credit card when no one else would...but it's hard to love a company who doesn't grow with their customers.