What are the best Capital One Journey credit card benefits?

You can use your Capital One credit card almost anywhere they take credit cards as a payment method. Capital One issues Visa and Mastercard credit cards as well, which are the two most widely accepted card networks worldwide. Both can be used in more than 200 countries.

You can get a Capital One credit limit increase by requesting it online or by calling customer service at the number you see 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.... read full answer

How to Get a Capital One Credit Limit Increase Online

1. Log in to your online account.
2. Choose the Capital One card for which you’re requesting the increase (if you have more than one card).
3. Click “I Want To...,” and then “Request Credit Line Increase.”
4. 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.
5. 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.

Capital One credit card annual fees range from $0 to $395 per year, depending on the card. Most Capital One consumer credit cards have no annual fee, and the few cards that do have such a fee usually have extensive rewards as well.

One of the best Capital One credit cards with a $0 annual fee is Capital One VentureOne. It offers a bonus of 40,000 miles for spending $1,000 in the first 3 months. The card also gives 5 miles per $1 spent on hotels and rental cars booked through Capital One Travel, and 1.25 miles per $1 on all other purchases. All around, this card is great for travelers on a budget.... read full answer

Notable Capital One Credit Cards with No Annual Fees in 2023

Ultimately, you can check our editors’ latest picks for the best Capital One credit card with no annual fee to weigh your options.