topic Re: CapitalOne Credit Card Statement Question in Credit Cards

CapitalOne Credit Card Statement Question

ddemari — Wed, 21 May 2014 17:38:06 GMT

Hi there, I was looking over my CapitalOne Quicksilver credit card statement today and I noticed something different. I do not ever take out cash advances from credit cards but my previous statement said credit available for cash $1250 and total credit limit equals $2000.

My new statement says total credit available for cash $0 and total credit limit equals $2000.

Does that mean I no longer have the option (although I am fine without it) or does that mean my total limit $2000 is available for cash?

Just wondering, if anyone has some insight I would appreciate it. Thanks!

Re: CapitalOne Credit Card Statement Question

Anonymous — Wed, 21 May 2014 18:23:11 GMT

sounds like they made a change to your cash advance limit to 0

Re: CapitalOne Credit Card Statement Question

ambivalent — Wed, 21 May 2014 18:27:31 GMT

It sounds like they took away cash advances for you. Has your report changed at all?

Re: CapitalOne Credit Card Statement Question

ddemari — Wed, 21 May 2014 18:31:43 GMT

It is weird because my credit report has only gotten better. They recently upgraded me to Quicksilver Rewards and increased my credit limit 2 months ago.

Re: CapitalOne Credit Card Statement Question

BottomRanker — Wed, 21 May 2014 18:53:52 GMT

The website has two different fields for this:

Available Cash
Cash Limit

Which field are you trying to refer to? Also, is it possible your balance/utilization is higher than your cash limit?

Re: CapitalOne Credit Card Statement Question

ddemari — Wed, 21 May 2014 18:56:16 GMT

Last month my statement said available cash $1250 and Cash Limit $1250

This month they both say $0.

My balence is zero and paid in full from last month.

Re: CapitalOne Credit Card Statement Question

jim44 — Wed, 21 May 2014 18:59:58 GMT

That is strange. I've never heard of that happening before. Maybe a glitch?

Re: CapitalOne Credit Card Statement Question

PlasticOrPlastic — Wed, 21 May 2014 21:05:00 GMT

@ddemari wrote:
Hi there, I was looking over my CapitalOne Quicksilver credit card statement today and I noticed something different. I do not ever take out cash advances from credit cards but my previous statement said credit available for cash $1250 and total credit limit equals $2000.

My new statement says total credit available for cash $0 and total credit limit equals $2000.

Does that mean I no longer have the option (although I am fine without it) or does that mean my total limit $2000 is available for cash?
Just wondering, if anyone has some insight I would appreciate it. Thanks!

This got me curious so I checked my QS statements as well, from what I can tell they jump around a bit. This month I have $0 available for cash advance on card 1 and on card 2 I have $2000 (my entire limit). Last month I had $1250 for card 1 and $1250 for card 2, the month before that...$500 bucks on both. My scores and credit have also done nothing but climb and improve...interesting thats for sure.