How hard is it to get the Capital One Platinum Secured?

The Capital One Platinum Secured Credit Card is available to people with bad credit. That means people with credit scores below 640 have a shot at getting approved for the Capital One Platinum Secured Credit Card.

Secured cards are easier to get than unsecured cards because they require a deposit to open the account, which Capital One will use as collateral to secure the account. The amount of your deposit will be your credit limit, in most cases. That said, though approval is likely, Capital One Platinum Secured approval is never guaranteed. You can … read full answercheck your credit score for free on WalletHub.

The easiest Capital One credit cards to get are the Capital One Platinum Secured Credit Card and the Capital One Quicksilver Secured Cash Rewards Credit Card. Both cards are available to applicants with bad credit and require a refundable security deposit, making them easier to get approved for than Capital One’s unsecured credit card offers.… read full answer

Easiest Capital One Credit Cards to Get

Your credit score isn’t the only thing that will affect your ability to get approved for a Capital One credit card. Your income and debt will play a big role, too. But figuring out which Capital One credit card to apply for doesn’t have to be a guessing game. Capital One lets you check which of its cards you pre-qualify for, without hurting your credit score. Pre-qualifying for a card means your odds of approval are very high, should you decide to submit an official application.

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.… 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.