How to Raise the Limit on a Capital One Card
Capital One offers credit cards. Once your limit is set, Capital One will occasionally review your credit history with the company and your credit score to see if they should increase the credit limit on your credit card. Capital One tends to be conservative with its credit lines, so it is not guaranteed you will get a credit increase. You can also ask for a credit increase from Capital One. Once you call Capital One, they will decide on the credit increase and notify you of their results.
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Instructions
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Work on improving your credit. Your original credit balance is determined by two major factors, your income and your credit report. Obtain a copy of your credit report and ensure everything is accurate. Pay down your existing debt. The other important factor is your credit history with Capital One. Make your payments in a timely manner.
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Write down your credit card number. This is the sixteen digit number on the front of your credit card.
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Find the last four digits of your Social Security Number. Capital One will request this for identity verification purposes.
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Call 1-800-955-7070 if you are in the United States. Call 00+1+804-934-2001 if you are overseas. These numbers put you on the line with the Capital One credit increase representatives. They will ask you for your account number, last four digits of your Social Security Number and possibly personal questions you submitted answers that help identify you. If you have a change in your income level, let the Capital One representative know.
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Tips & Warnings
You can get your credit report for free once a year by law; see the resources for details. Check your report at least once a year for accuracy.
If you increase your credit limit, remember the money you spend still needs to be paid back. Increase the limit to a point you feel comfortable; ensure that you can pay the balance in a timely fashion.
