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Hi OP, after D/C I received same offer as you and received only $400. I am hope that you'll get a higher limit!
Sorry to kick up a old thread but I wanted to share my experience here.
Cap One has been keeping me around $500 limits despite following a strict rebuild profile, high usage, AZEO, under 30% each util. Ive tried it all. I needed to get my available credit line up.
I was mailed several offers from Credit One I always ignored as I burned them in BK7. This last one was for "Up to $2000", so I decided to bite and see what they'd offer since I have had no HP for over a year. As you can see, they can offer the max limit straight out the gate. I also got the AF waived when I called in to 'verify my identity'.
I am 11 months out of BK7, scores range between 650-655 across the board. 3 Cards already + CU Rebuilder Loan. Not sure I'll accept or use this card.. but clearly they are willing to be more genereous than Capital One (who I did not burn in BK).
For what it's worth, this same Credit One offer is the only mailer I ever get. I keep hoping for an awesome prime credit card offer in the mail, but they never come. But that doesn't mean you can't get better cards. Chase and Citi have both given me awesome cards recently - they never sent me any mailers about it, I only found out I was pre-qualified by checking their websites.