Have You Been Thought This Situation With Cap One...

[Andy77]

I have a cap one card that started at 20k and I have had it about a year and asked for one increase and I got a 3k increase.

I have to pay 22k in taxes so here is what I was gonna do in one month time

Pay the current balance of 19,500

charge 22,000

pay the 22,000

My question to you is, since I am using the card up to its limit and paying it off twice in one month, do you think that will tell the computer the limit is a little low ?

If so I am hoping to go from 23k to possibly 40k

Thoughts ?  Suggestions ?

[OmarGB9]

Honestly anything can happen. What we do know is that cap1 likes to see usage and doesn't mind seeing a balance.

[morgacj2004]

They will most likely raise your CL but I would be shocked if the gave you a bump up to 40k 

[Andy77]

Thank you for the feedback

I have another card with them with a 10k limit, too.

What I could do with that one, instead of the one with the 23k limit is..

Pay off the bal now which is 7500

charge 10k 

pay it

charge another 10k

pay it

charge 2k

pay it

All the above in one month

So far cap one has given me 33k on two cards

So which card should I do this with the 10k limit card (I have never received an increase on this card) or the 23k limit card ?

[Broke_Triathlete]

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@Andy77 wrote:

Thank you for the feedback

I have another card with them with a 10k limit, too.

What I could do with that one, instead of the one with the 23k limit is..

Pay off the bal now which is 7500

charge 10k 

pay it

charge another 10k

pay it

charge 2k

pay it

All the above in one month

So far cap one has given me 33k on two cards

So which card should I do this with the 10k limit card (I have never received an increase on this card) or the 23k limit card ?

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Andy,

Last week they briefly (24 hours) opened up combining limits. They took it down to fix bugs but said it'd be back. You could at that point combine the two for a larger limit, then push a bunch of money through it, and then get a nice CLI (hopefully).

Just a thought.