Are you able to pay the card down now or very soon? If so, it may be worth a call to CO just to let them know of your intentions, as hanging out over your limit is a sign of elevated risk and you could open yourself up to being balance-chased as you pay the card down. A little "heads up" to CO really can't hurt, IMO.
So I have been making a bunch of large payments on my cap one QS for the last 3 weeks. I rented a vehicle for 14 days and now I am being charged for the toll fees of $220. My cap one account was already maxed out at $2730. The CL is $2750.
I am confused because 2 days ago the automatic charge from the rental company was denied since I didnt have enough credit to cover it. But today it was charged to my card.. so the account is reflecting a $2950 balance with $5.00 of credit still available! Whoa
Whats going to happen? I will push another payment through to cover the toll charges and some but has this happened to anyone else? I have never went over my credit limit like this and I am actually nervous this could ruin me lol
I second @BrutalBodyShots , would definitely Call ASAP and Explain!!!
I can call now? What if i just pay now? Should I still call after?
Call Now, It may not be as bad as you think.? The CSR might be able to Help?
and Yes I would pay asap.
Your numbers have me a little confused, i.e. a limit of $2750, a balance of $2950, and $5 still available.
But the bottom line is that you're going to be fine. If you're actually over the limit, the worst I see happening is becoming ineligible for CLIs for a while (twelve months I think).
You would think.
When was the last time you requested/received a CLI on the account?
I could call them and let them know that you just paid it off, then after your statement cuts with the paid off balance request a CLI. If you get one it could give you better future breathing room on the account.