@SecretAzure wrote:SL of $351 on my Platinum Secured...increased to $551 shortly after...almost six years later, still at $551 and still secured. I guess the highest limit for me is $551 with capital one...which is why I don't apply for more credit with them.
Just got approved for a home loan, can confirm scores above 760, a paid off auto loan...still won't unsecure me. What am I doing wrong? They can't expect me to use a card with such a low limit...and even less, expect me to carry any sort of balance with such a high APR.
Cap One buckets their cards. Depending on the rest of the profile an app for a Venture could yield a much higher limit.
@SecretAzure wrote:SL of $351 on my Platinum Secured...increased to $551 shortly after...almost six years later, still at $551 and still secured. I guess the highest limit for me is $551 with capital one...which is why I don't apply for more credit with them.
Just got approved for a home loan, can confirm scores above 760, a paid off auto loan...still won't unsecure me. What am I doing wrong? They can't expect me to use a card with such a low limit...and even less, expect me to carry any sort of balance with such a high APR.
I think part of the answer is how long you've had that card - as I've learned over the past couple of days, Cap One is graduating secured cards to unsecured, but the catch is that they had to have been activated in January 2016 or later. Earlier-issued cards might be graduated later, but no one can say for sure yet. I started at $651 (with a $500 deposit) and then increased to $951 four statements later, but it's stayed at that limit since then. In the meantime, my new unsecured Platinum starts at $3,000; Cap One says they'll automatically CLI me to $3,500 after 5 statement periods but from the advice I'm getting I probably should ask them for a CLI well before that, before credit steps kick in (and ask for a PC to Quicksilver too, seeing that I just got a Discover It). If the secured card hasn't graduated by, say, September, when I plan to start looking again for cards, then I'll think about paying it off and closing it to recover my deposit.
@vespinoza87 wrote:I believe with the secured cards the majority of the time they leave them as they are not growing cards. What you may need to do is just leave that account open and rarely use it. and wait until it unsecures. You may want to apply for a different Capital one card that gives you better limits. Like a Venture or Quicksilver. with what you have said you shouldn't have any problem getting approved for those cards. have you tried the pre qualification part on Capital One?
I'm pre-approved for everything they offer...my problem is with them telling me...with their own calculator that my scores are high and although I have over $60K in available credit (1 new card missing from my sig) they refuse to unsecure my account. My guess? They're nailing me with the $29 AF still...and they don't want to pay out my $200 or so deposit back. They're dispicable and do nothing to try to earn my continued business. I will not take a triple-pull for any of their cards...and they aren't even that attractive to me. QS was attractive...until FU appeared. Not only this but they also refuse to give me a CLI. EO office didn't help...don't bother calling or emailing EO anymore though, they're outsourced now too...like their chat bots and CSRs...I don't like dealing with them.
Must garden until 2/1/2022 to hit my goal AAOA. 
@vespinoza87 wrote:I mean like i actually called and spoke with a woman named katy and she did everything she could was very helpful
@vespinoza87 wrote:
@SecretAzure wrote:
@vespinoza87 wrote:I believe with the secured cards the majority of the time they leave them as they are not growing cards. What you may need to do is just leave that account open and rarely use it. and wait until it unsecures. You may want to apply for a different Capital one card that gives you better limits. Like a Venture or Quicksilver. with what you have said you shouldn't have any problem getting approved for those cards. have you tried the pre qualification part on Capital One?
I'm pre-approved for everything they offer...my problem is with them telling me...with their own calculator that my scores are high and although I have over $60K in available credit (1 new card missing from my sig) they refuse to unsecure my account. My guess? They're nailing me with the $29 AF still...and they don't want to pay out my $200 or so deposit back. They're dispicable and do nothing to try to earn my continued business. I will not take a triple-pull for any of their cards...and they aren't even that attractive to me. QS was attractive...until FU appeared. Not only this but they also refuse to give me a CLI. EO office didn't help...don't bother calling or emailing EO anymore though, they're outsourced now too...like their chat bots and CSRs...I don't like dealing with them.
Perhaps you try going to the Executive Office. I've found that most helpful. they are all real people there and always willing to help.
. In the executive office. What did they tell you when they called?
The same thing chat bots told me...and multiple CSRs...that the accounts are automatically reviewed by the system and that there is nothing they can do for me. They told me the same about a credit limit increase.