cancel
Showing results for 
Search instead for 
Did you mean: 

Capital One Unexpected Limit Increase

tag
Iusedtolurk
Established Contributor

Capital One Unexpected Limit Increase

I was checking my Cap1 statements for this month and noticed my Cash Advance Limits  show they increased from 20 percent of cl to 100 percent on one card and from 10 percent to 60 percent of credit line on another.                                                     I was wondering if anyone else experienced a change like this. One card just hit 7 years and the other 4 years. 

Message 1 of 23
22 REPLIES 22
citymunky
Established Contributor

Re: Capital One Unexpected Limit Increase

I guess after 7 years, they finally trust you. 

Rebuilding since 2021


Closed CCs
USAA (Jul 2019| Settled CO), Jasper $1 CL (Jul21-Jul22), Sable $250CL{Secured} (Jan22-Jun23), CreditOne Platinum $750CL (Jul21-Aug23), Prosper $1.9K CL (Jan22-Apr24)

Starting FICO 8 Scores:
Current FICO 8 Scores:


Message 2 of 23
CorpCrMgr1
Established Contributor

Re: Capital One Unexpected Limit Increase

Congratulations on the increase of your CAL. It's been a long time since I received any increase.

Message 3 of 23
Iusedtolurk
Established Contributor

Re: Capital One Unexpected Limit Increase

 


@CorpCrMgr1 wrote:

Congratulations on the increase of your CAL. It's been a long time since I received any increase.



@CorpCrMgr1  it's been a dismal amount of time for an increase on my first card. I got one 3 months after I got it of 400 dollars making it 700 dollars and its been the same every since. No matter how it's been used and it's been used in every way possible.  It's definitely at the bottom of the Bucket it resides in. Took 5 years to unsecured.  But it's the card I started my rebuild with and doesn't have any fees so I  just  let it age.

Message 4 of 23
gorgon
Established Contributor

Re: Capital One Unexpected Limit Increase

This is at least the second post I have seen in the past few weeks of auto Cap1 CLIs and changes. Are they loosening up their policies??

Message 5 of 23
Thomas_Thumb
Senior Contributor

Re: Capital One Unexpected Limit Increase


@Iusedtolurk wrote:

I was checking my Cap1 statements for this month and noticed my Cash Advance Limits  show they increased from 20 percent of cl to 100 percent on one card and from 10 percent to 60 percent of credit line on another.                                                   

 I was wondering if anyone else experienced a change like this. One card just hit 7 years and the other 4 years. 


Congrats! Never experienced a CAL increase like that. I've had plenty of CLIs but, I never get any CAL respect Smiley Sad

Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 6 of 23
CorpCrMgr1
Established Contributor

Re: Capital One Unexpected Limit Increase


@gorgon wrote:

This is at least the second post I have seen in the past few weeks of auto Cap1 CLIs and changes. Are they loosening up their policies??


We, including I, can only hope.

Message 7 of 23
pizzadude
Credit Mentor

Re: Capital One Unexpected Limit Increase

Congrats !  Just to clarify Cap1 didn't increase your CLs, just your cash advance limits ? 

 

Also will move this to CC Approvals forum. 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 8 of 23
UH_HUH
Valued Contributor

Re: Capital One Unexpected Limit Increase


@Iusedtolurk wrote:

I was checking my Cap1 statements for this month and noticed my Cash Advance Limits  show they increased from 20 percent of cl to 100 percent on one card and from 10 percent to 60 percent of credit line on another.                                                     I was wondering if anyone else experienced a change like this. One card just hit 7 years and the other 4 years. 


Congratulations on your success with Cap One @Iusedtolurk 

 I can not answer that question but glad they

gave you some luv :-)

Enjoy

Cheers

Message 9 of 23
youngandcreditwrthy
Senior Contributor

Re: Capital One Unexpected Limit Increase

my c1 cash advance limit is 75% of the total limit which is odd bc of how high it is.

 

sometiems when you get CLIs, the system doesnt automtically increase the cash advance limit like it should, so like on my sync accounts for exmaple, I used to cll and tell them your system messed up and made them change it haha. They usually did. Congrats :-) 

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 10 of 23
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.