Capital One Credit Limit Increase

[Anonymous]

I had two Capital One cards and they were both stuck at $750 each so I called and asked if I could combine them and they did.  So now I have one at $1,500.  Probably all I'm going to get since I received my original card in 2006 when I first started rebuilding my credit.  At least they were willing to give me a card at the time.  I asked for a CLI at the time I combined both cards back in June 2008 and was declined the CLI.

[Anonymous]

Peaches, have you tried since 2008?? Who knows? It may be worth a shot!

And is anyone else still using those backdoor numbers? Do you think they work now, in the midst of this crazy credit crunch?

[Anonymous]

No, I haven't tried calling in since June 2008, I've just been trying to pay down my existing balances and getting my score up a bit. 

[Anonymous]

Capital One hasn't been issuing CLI's for a quite a while now.

[lhova2000]

Cap1 sucks! Simply said...

[greekjim]

Had a Cap1 account for three years and just canceled it today cause they wouldn't waive the $39 annual fee. Regular platinum account with no rewards so no point of keeping it with scores in the 700's now.

[Anonymous]

Good move.

If you keep util super low on every card, you are practically at zero risk of losing any FICO points for closing an individual account and walking away from them.   The CCCs also know this, too.

I have a bunch of accounts that I want to zap after I open a mortgage tradeline.

[Anonymous]

Another sign Capital One is still smarting from all those defaults they had...

They are pushing their awful CD products hard, just like another distressed bank which rebranded itself Ally (GMAC).   Sure 2% 2-year CDs seem like a deal now, but 2 years from now when interest rates zoom back upwards, you'll look like a fool.

Poor CapOne is trying to feel their way around in this new credit world.   Until they do I don't think they'll be doing any big blanket credit limit raises.

[Anonymous]

I use to get an auto CLI every 6 Months but they stopped like a year and a half ago so I stopped using my card. I called and tried to get my nonrewards card converted into to a rewards card and the rep told me the only way to do that is to app for a rewards card and join the 2 accounts. It's not 1 card out that I would bother apping for if it is gonna result in 3 INQ's. I think I will also cancel this card.

[Anonymous]

Capital One sent out this big complicated online survey thing to some customers.   I got the survey and actually filled it out.

 A ton of questions were showing 3 lists of mythical card features, and asking you which card to you think you'd want based on what features the card had.   It was like going to the optometrist when he asks you which is better... "Number 1 or Number 2..... Number 5 or Number 6?   Is 2 better, or 5?"

 I kept picking the cards that had the cashback rewards listed.