I don't think you're paying them incorrectly. They've just grouped that card into a particular tier that's unlikely to change. In order to give you a credit limit over 1K, Capital One would have to move that card to a higher tier.
If you haven't read this yet, I highly suggest it:
Tldr, it doesn't benefit Capital One to give you the increase you're looking for. If your profile supports the higher credit limit you seek, your best bet is to apply for another card through them or another lender.
You've also mentioned that you have quite a few inq's. Given that information, you might want to consider gardening until some of those no longer count against you.
@Anonymous wrote:I'm not meaning 12-1300 in one sitting. 3-500 here and there is what I had imagined. I'm starting to get bummed about it lol
@AverageJoesCredit wrote:
@Anonymous wrote:I'm not expecting 10,000 but I would at least like to think I could get to 12-1300 with it🙄 $400 is not something I expected to be at forever lol.
Thats unrealistic expectations especially given the data points here support it. Its not like there have been a rash ofrecent posts about big cli here. Heck most people cant even get $100 cli on the Walmart card despite usage.
Dont my friend, we all start somewhere. Eventually you will get cards that grow and with goid payments, you may even see auto luv
. You arent alone in bucket cards, many are in same situation and even from other lenders, a cl can be stuck for years. As your aaoa grows, your score grows you will be able to branch out to other lenders and see growth. With Cap One its just not ideal to force spend in hopes of a bigger cli they just dont work that way. Best of luck going forward
Look at some other lenders, Discover or even Chase CFU. Cap1 is stingy with CLI's no matter what you do in my experience. I just sock drawer my Cap's and let some small recurring charges hit them to since they are my oldest accounts.
@Anonymous wrote:I tried but my inquiries are awful! I did try to prequalify for Discover it secures and they sent a letter stating too many inquiries... but I already knew that. Regular Discover it is my goal but i can't even get the secured. I'm afraid all my inquiries have messed me up for life, not just the 2 years. Like the bureaus will still label me as a risk because one time I had waaayyy to many🙄
Time is all you need to recover from inq's. After one year, they become unscorable and after two years they fall off, regardless of how many you have.
