topic Re: Capital one can big purchase trigger account review? in Credit Cards

Capital one can big purchase trigger account review?

Anonymous — Tue, 20 Jul 2021 23:28:26 GMT

Just wanted to make sure I'm not walking into a Credit limit decrease. My available credit is 11k on a QS, I plan to put a 4k purchase on it tomorrow and then pay off when it post to my balance. Any possible issues here?

Re: Capital one can big purchase trigger account review?

HeavenOhio — Tue, 20 Jul 2021 23:36:24 GMT

I believe that at worst, you'll need to approve your charge by replying "yes" to a text message. You're certainly not going to put yourself into account review territory.

The most involved situation I ever encountered involved a tax bill with a convenience fee. The text wanted me to approve the fee but didn't give me the opportunity to approve the actual tax charge. Calling in fixed the issue.

Re: Capital one can big purchase trigger account review?

simplynoir — Tue, 20 Jul 2021 23:36:37 GMT

Nope, you are using your limit as you see fit. As long as the purchase isn't iffy then it'll be business as usual

Re: Capital one can big purchase trigger account review?

FalconSteve — Wed, 21 Jul 2021 20:44:24 GMT

Can it trigger review? Sure, but unlikely, especially if you pay it immediately, I would not worry at all

If you really want to be safe, call the issuer and let them know it is coming, but it is not that unusual unless the merchant is Eastern European or something (no disrespect to them, just a fraud prone region).

Re: Capital one can big purchase trigger account review?

ChargedUp — Thu, 22 Jul 2021 01:52:29 GMT

No problem! Cap One loves large purchases and PIF... They bumped my CL up a few months after putting $5300 on a $10K Savor MC and paying it off.

Re: Capital one can big purchase trigger account review?

kilroy8 — Thu, 22 Jul 2021 02:57:40 GMT

As long as you pay on time, Cap One is the honey badger of credit cards.

They just don't care.