No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Hello all. well i finally got cli yesterday on my quicksilver. after a couple weeks ago denied. because of low payments. i paid the thing down from 50 percent usage and they gave me increase of 2k. but i noticed. that the cash advance limit is off the chart. is this normal with cap one? i mean it is over 50 percent. mostly my cash limit is about 20 percent. i also noticed on the Venture the cash limit is 50 percent. but this is in fact over 60.
@taxi818 wrote:Hello all. well i finally got cli yesterday on my quicksilver. after a couple weeks ago denied. because of low payments. i paid the thing down from 50 percent usage and they gave me increase of 2k. but i noticed. that the cash advance limit is off the chart. is this normal with cap one? i mean it is over 50 percent. mostly my cash limit is about 20 percent. i also noticed on the Venture the cash limit is 50 percent. but this is in fact over 60.
I always thought that was normal for CapOne to have these sorts of high cash advance limits.
I have a Sony card with a 1750 credit line and my cash advance amount is 1150 or 1175. So they are generous on that.
DH's QS and Venture cards have a $5k cash advance. My qs1 only has a $500 cash advance (CL is $3k)
I think I'm gonna test the pain threshold on cash advance. Say take 500 out. I' know there is no grace. But I'm just assuming at 24.9 percent apr. If my math correct. Comes to $125 dollars a year in interest no could be wrong. I'm gonna find interest calculator.
@Anonymous wrote:
Approximately yes. Find your daily compound rate.
Thanks. nixon. but i realized its actually less as you pay balance down. the rate is less. so more like 90 dollars on 500. in a year.