Maria Adams, Credit Cards Moderator
@m_adams
You can occasionally go over your Capital One Quicksilver card credit limit when you make charges that involve holds on your account, such as hotel stays and car rentals. However, it’s up to Capital One whether any particular charge that exceeds your credit limit is approved.
It’s also worth noting that Capital One no longer charges any fees for over-limit purchases. So, if you make a purchase that goes over your Capital One Quicksilver credit limit and it happens to get processed, you won’t be penalized.
Going Over Your Capital One Quicksilver Credit Limit: Things to Know
Capital One will assess transactions that put balances over the limit and approve or deny them on an individual basis. There is no fixed amount that you can go over your limit and each transaction is approved individually. So, there is no guarantee that you will always be approved to exceed your Capital One Quicksilver credit limit.
Approval of transactions that put your balance over your credit limit is based on Capital One’s eligibility criteria which aren’t disclosed publicly. In some cases, Capital One may decline a transaction that causes you to go over your limit, due to factors such as late payments and having recently opened your account.
Ultimately, please keep in mind that going over the limit with your credit card negatively affects your credit score, so make sure you stay within your limit. You can instead ask for a Capital One Quicksilver credit limit increase.
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