topic Re: Capital One Business Spark Card Credit Limit Celings in Business Credit

Capital One Business Spark Card Credit Limit Celings

titancylinder — Fri, 06 Oct 2023 03:12:23 GMT

I figured I would post here because I've seen some people on the forums ask which business credit cards offer the highest limits for their business. To date, the highest limit I've ever seen for a small business is a million dollars on a Capital One Spark card.

This guy is a friend of a friend. Unfortunately, Capital One CLD'd him because he shifted spend to other cards. He had a million-dollar CL with C1 for quite a while.

I have attached proof. This is a somewhat older screenshot to respect his privacy.

Million dollar CL

Re: Capital One Business Spark Card Credit Limit Celings

cashorcharge — Thu, 05 Oct 2023 16:52:15 GMT

Re: Capital One Business Spark Card Credit Limit Celings

Shooting-For-800 — Fri, 06 Oct 2023 03:08:39 GMT

You need to black out his name

Re: Capital One Business Spark Card Credit Limit Celings

titancylinder — Fri, 06 Oct 2023 03:13:20 GMT

@Shooting-For-800 wrote:
You need to black out his name

Good catch, thanks! Though at this point, he probably doesn't care. But I took care of it.

Re: Capital One Business Spark Card Credit Limit Celings

jaxstraw — Sat, 07 Oct 2023 11:13:24 GMT

I haven't asked but I work with a supplier who runs 250k-500k through his Spark monthly.

So I would assume he has to have well over 500k CL.

I know a few years ago he made nearly $100k in cash back rewards on the 2% unlimited .....which are untaxable income.

Nice little bump !!

Re: Capital One Business Spark Card Credit Limit Celings

CliftonKraus — Thu, 12 Oct 2023 09:50:12 GMT

Thanks for the info, I will keep it in my mind.

Re: Capital One Business Spark Card Credit Limit Celings

GApeachy — Fri, 13 Oct 2023 10:18:08 GMT

Lawdy what a slash. They just slashed one of my biz cards for non use too. Lol, no where near your buddy's limit but still.....SLASHED! I did go online to request half of the limit be restored and it was, without giving notice it was reviewed and restored same day. I knew to be reasonable with my request but I'm not sure I'll maintain this limit either. Maybe Cap1 would restore your friend's limit if spend was shifted back.

May I ask why the shift? What FI biz product was that enticing to risk that big'ol bisquit?

Re: Capital One Business Spark Card Credit Limit Celings

pizzadude — Thu, 16 Nov 2023 15:57:37 GMT

I was notified by Cap1 back in September that I had a "Credit Limit Change" document in my inbox, they cut my limit on my Spark from $6K down to $1K.

Not as big a drop as the aforementioned example, but seems like they're doing quite a bit of thatching. I haven't been running many expenses thru this card, and will use it even less now most likely.

From my account I was able to request them to bump it back up, not all the way but they put me back at $5K.

Re: Capital One Business Spark Card Credit Limit Celings

TMDSCT — Thu, 16 Nov 2023 17:42:34 GMT

@pizzadude wrote:
I was notified by Cap1 back in September that I had a "Credit Limit Change" document in my inbox, they cut my limit on my Spark from $6K down to $1K.

Not as big a drop as the aforementioned example, but seems like they're doing quite a bit of thatching. I haven't been running many expenses thru this card, and will use it even less now most likely.

From my account I was able to request them to bump it back up, not all the way but they put me back at $5K.

CrapitalOne reduced my CL on the Walmart business card from $10k to $1k citing my lack of use.

Re: Capital One Business Spark Card Credit Limit Celings

URHomeInvestments — Sat, 25 Nov 2023 20:35:28 GMT

Well, that sucks.