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Posted in Credit Cards
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Question By
Reighn9

2 Contributions
2 People Helped
User can't request increase-credit card
Denied credit increase by Capital One for reason-cardholder not allowed to request increase. current account. zero balance. $500 limit.

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Top Contributor
315 Contributions
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Most Helpful Response

thats Cap One for ya!

Helpful to 2 out of 2 people

Capital One only does automatic credit increases every two years, as long as you have never missed a card payment and actually use their card.

It's just their policy. You may just have to wait it out. Keep your account with them in good standing and you will get more from them eventually. I started out the same way as you. With a $500 limit. I understand that doesn't leave much room to do anyting with it, but it is a start, at least.

The biggest thing you want to NOT do is max that card out every month. That only hurts your credit score. Try not to charge more than $150 on it a month and make sure you pay it off in full every month as well. You will help yourself and your credit dramatically that way.

The reason I say only $150 is because using more than 30% of your credit limit hurts your credit score.

I hope this helps :)

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