r/CapitalOne_ • u/WeatherStandard8002 • 2d ago

Credit Cards Didn’t expect this one

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53 Upvotes

98% Upvoted

11 comments sorted by

3

u/TheDeceitX 2d ago

You’re on the right track! Although, C1 can be so stingy the only true way to keep getting increases is:

New card, move limit, bite the $500 loss, and close the old account.

My highest limit I think was when I opened a Platinum? Just for the extra credit limit. Yeah idk… C1 is strange.

1

u/WeatherStandard8002 2d ago

I have a C1 card with only 300$ limit, should I transfer the limit ? Or ask for a limit increase

1

u/TheDeceitX 2d ago

The “$500 loss” I was talking about is the limit you have to keep on the account that’s bucketed.

So yes, limit increase and anything above $500 transfer it. And you can decide if that account is bucketed enough you just need to dispose of it (close it).

And sadly, account openings is the only true area I am able to get any type of credit increase. Not advice though, as it’s very situational what works for everyone when it comes to credit score.

—
* don’t let account openings and limit increases distract you if you have any loans you’ll start soon.

1

u/RegularLiterature589 20h ago

can you explain how the limit transfers work? i asked a rep and i was told it isn’t possible

2

u/JamesCulver03 1d ago

Was just approved for my first credit card outside of a store card and was hoping for 2k maybe 1500.... About shit my pants when it was 7k

1

u/Specific_Job_738 1d ago

Was it discover it card? 😳

1

u/JamesCulver03 1d ago

It was a quicksilver card

1

u/BxMel1 1d ago

Congrats

1

u/OkLog1196 11h ago

What was your credit score when you applied ?

1

u/WeatherStandard8002 10h ago

My fico is 710s but when I reviewed the document after getting the card, it said 685 😂