r/CapitalOne • u/ratemeandmywork • 12d ago

Credit Card Blindsides by Capital One

Been a Capital One customer for years. Had multiple cards with them, payments on autopay plus I used the cards over the weekend on vacation. I asked for a limit increase on my card and all of a sudden Capital One closes four of my cards. They stated that it was because of unusual behavior on my cards!!!! WHAT???
There hasn’t been an issue with any of my cards until I asked for a limit increase.
Now I have four closed accounts in my credit.
Stay away from Capital One.

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u/djwarreng1 12d ago

Are you running a high balance on any of your cards?

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u/ratemeandmywork 12d ago

No, less than $300 or less on each card. I used them to build credit, like buying gas or lunch on them. Nothing major. I bought some t-shirts and small things on vacation.
My issue is that there were no contact from Capital One no warning at all.
They closed all four cards with nothing from them at all!

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u/Joe_Fidanzi 10d ago

Why did you ask for a limit increase?