Capital One Secured Question

Anonymous — Thu, 28 Feb 2013 22:01:23 GMT

I have been approved for a Capital One Secured CC. I have put $100 in the account initially. I wanted to confirm that if I would put $2000 for a deposit, will that $2,000 limit be reported to all 3 credit bureaus as my availabe credit limit? I need to up my available credit, I currently have a Orchard Bank Unsecured CC with only a 300 limit.

Thanks in advance!

Re: Capital One Secured Question

Supawest — Thu, 28 Feb 2013 22:19:23 GMT

@Anonymous wrote:
I have been approved for a Capital One Secured CC. I have put $100 in the account initially. I wanted to confirm that if I would put $2000 for a deposit, will that $2,000 limit be reported to all 3 credit bureaus as my availabe credit limit? I need to up my available credit, I currently have a Orchard Bank Unsecured CC with only a 300 limit.

Thanks in advance!

I had the same card 2 years ago with a 200 limit and I increased it to $1K and they reported that as my new limit to all 3 bureaus...so in short, yes.

topic Capital One Secured Question in Credit Cards

Capital One Secured Question

Re: Capital One Secured Question