Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
Re: What happens if you exceed the limit?
With Capital One, you can ask if you want the lender to approve a charge that exceeds your limit, mostly to prevent embarrassment at the checkout counter if the card is denied. I opted in for this but never intend on using it. The lender advises that if they do approve an over the limit charge, that $X fee will be charged to the consumer.
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