Capital One CLI Denied

[Anonymous]

So this is my first post.  I recently requested a CLI on my capital one QS and was denied due to my current credit limit use being too high.  I am not over my SL and pay in full each month.  Can anyone tell me what I need to do to resolve this so that I am eligible?

[Anonymous]

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@Anonymous wrote:

So this is my first post.  I recently requested a CLI on my capital one QS and was denied due to my current credit limit use being too high.  I am not over my SL and pay in full each month.  Can anyone tell me what I need to do to resolve this so that I am eligible?

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Credit limit use being too high as an you're using most most of the credit line? What is the CL? how much are you charging on it per statement? paying in full to $0 each month? how long you had the card for?

[Anonymous]

I have had the card since Feb '17.  Limit is 300.  I have to use for work so yes I use most of the limit each statement.  I pay in full every month.

[Peteyglad]

That could pertain to your Cap One card or your overall profile. What % do you let report on your Cap One card and what is your overall utilization on all your cards?

[Anonymous]

In the document that posted online it stated this account so I don't think that it has to do with the rest of my cards.  With the limit being so low if I take one client to dinner that is almost the entire credit line and I then pay it off once my expenses are approved from work.

[Anonymous]

I would check to see if I was pre-approved for another card and combine them. 

With sh your current card being such a low limit, it will be difficult to keep the utilization down unless you barely use it or buy small purchases. 

[HeavenOhio]

I think you can continue to use the card a lot. But you should be making a payment whenever you're approaching your limit and keeping your statement balance low. At statement time, 28.9% of your limit would be good, and 8.9% would be even better. 28.9% is considered responsible borrowing, and 8.9% optimizes your score.

[Anonymous]

It shouldn't matter if he uses the entire 300 as long as it's pif before the statement cuts. I run up my cards heavy each month and pif multiple times and have never been penalized for it, that just makes no sense. I would call and ask for a recon and a better explanation. Dv

[Anonymous]

To me it seems like capital one is a lot tighter on their cli's now than when I first got mine. Yea it is hard to keep low util on a 300 cl unless you payoff right before statement cuts. I would call or chat with capital one seeing as you have had it since feb and still no cli, not even at 6 months?

[Anonymous]

Ever miss a payment to capital one even by 1 day?

Ever have a payment to the rejected by your bank?

Ever go over limit?