Capital One Low Limits

[Creditjunky37]

I'm wondering if you guys know when/how you you can tell if your Cap 1 card is about to come off the bucketed list.

I have had a Savor One card for just over a year now and recieved 2 CLIs for 100 each. The card has gone from 300SL to now 500 and for some reason, I recieved an upgrade to the World Elite MC version. Im only running about 200/mo spend on it for misc lunch prchases at work. 

I just applied for a new Cap 1 Quick Silver card as I was recieving pre approvals and I have a 3,000SL on that card. I noticed it is also a World Elite card as well. I plan to put more spend on the new quicksilver card and see if that helps me in the CLI area. 

But, if I max and pay my Savor, do I maybe have a chance now for movement on that card?

I don't know why I even care to have this relationship with Cap 1, I have multiple other cards with much higher limits, but for some reason, I care. I want to have an established relationship with them and decent limits. 

My scores were in the lower to mid 600s when I got my savor one and now upper 600s across the board. 

[Brian_Earl_Spilner]

Sadly a bucketed card stays bucketed due to how they package accounts for asset backed securities. It won't change unless cap1 repackages it, which is not very common.

[IntrepidOhio]

Before you count Capital One out keep this in mind....

Do they bucket lower end cards yes.  Is the Quick Silver ( Not the Quick Sliver 1) a bucketed card..No.  This card will grow with you as your credit grows.  Capt 1 Platinum, Quick Silver 1, and Savor all seem to be bucketed cards.

The good news is you can later apply for a better card and transfer the Credit Line of an existing bucketed card to your new card.  I did this with the Platinum Cap 1 that stayed at a $2300 CL for years.  I applied for a Venture 1 and got a starting 10,000 CL and transfered the CL of my Plat 1 ending with a $12,300

The other good news is Cap 1 has never reduced my limits arbitrarly based on a fluxuating credit score (i.e. Barclays, Discover, Amex).  They have always extended me credit even after a BK7 and when I charged them off in College...they still had my back. When traveling they never flagged my card and froze it becuase of fraud.  They would send a text but NEVER just froze my card limit.  I  feel safe when I travel with a capital one card (cannot say the same for AMEX) and they usually do not charge a foriegn fee for use. 

So keep that in mind as you will find different credit card providers are not as forgiving. 

[Yoshi1981]

edit: OP is quite old, totally missed that

[taxi818]

This is what make cap one good. And the exchange rates are also fantastic.