You can request a Capital One credit limit increase online or by calling customer service at the number on the back of your card. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Capital One has on file. Capital One will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.
How to Get a Capital One Credit Limit Increase Online
- Log in to your online account.
- Choose the Capital One card for which you’re requesting the increase (if you have more than one card).
- Click “I Want To...,” and then “Request Credit Line Increase.”
- Enter your your total annual income, employment status, occupation, how much you will spend monthly on the card, your mortgage or rent payment amount, and your desired credit limit.
- Confirm the information and click “Submit” to complete the request.
You should receive a decision in just a few seconds. If you’re approved for a Capital One credit limit increase, the new limit will be effective immediately.
Impact of a Capital One Credit Limit Increase on Your Credit Score
When you request a Capital One credit limit increase, Capital One will conduct a hard pull of your credit report, which will cause a short-term dip in your credit score. Capital One cannot do a hard pull without your permission, though.
On the other hand, there are times when you could be eligible for a Capital One credit limit increase without even requesting one. Capital One may offer an automatic credit limit increase if its regular reviews of your account show a history of on-time payments and low debt.
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