Cameron DiGiovanni, Writer
@cdigiovanni20
The downsides of having a Capital One credit card are high regular APRs and low credit limits, according to the most common Capital One credit card customer complaints. Negative reviews about Capital One also point out that Capital One will often pull your credit report from all three of the major credit bureaus.
Most other credit issuers pull from just one credit bureau. But Capital One also issues cards to less creditworthy applicants than a lot of credit card companies, and the triple pull likely relates to their willingness to take on extra risk.
Why Capital One Cards Are Worth Considering
There are plenty of other positives to balance out the few reasons why a Capital One credit card could be bad, too. For example, Capital One’s rewards program is very well thought of, and no Capital One credit cards have foreign transaction fees. So, even though there are some downsides to Capital One cards, you certainly shouldn’t rule them out when considering which cards deserve a spot in your wallet. In fact, a Capital One credit card will be the best option for a lot of people.
Popular Credit Cards from Capital One, Our Partner
-
Rewards
-
0% Intro APR
-
No Annual Fee
-
Building Credit
chmbrln, Member
@chmbrln
Be aware that you will be required to send an image of your signed social security card if your card is flagged for fraud. I realize that sounds absurd, but that is what has happened to us while traveling in Mexico after using our card for three days here. This requirement was verified by a second-level supervisor. We luckily have other cards, but I’m not even sure where my social security card is, much less make it a standard thing to take out of the country.
People also ask
How do I request a credit limit increase with Capital One?
You can request Capital One credit limit increase online, through the Capital One mobile app, 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...
read full answer by Chip Lupo, Credit Card WriterWhat does it mean when a Capital One credit card is restricted?
If your Capital One credit card is restricted, it means the account is suspended. A Capital One credit card account could be suspended because payments are delinquent, the card isn’t yet activated, or there’s suspicious activity on the account, among other reasons. When your account is restricted, you will need to address the specific issue with Capital One to regain access to your card.
Reasons Why a Capital One Credit Card May Be Restricted
... read full answer by Chip Lupo, Credit Card WriterIs it good to have a Capital One credit card?
A Capital One credit card is good to have because you can get generous rewards, low intro APR deals, and low annual fees while completely avoiding foreign transaction fees. Capital One credit cards are also available for all types of consumers, including students, business owners, and people with bad or limited credit.
Notable Capital One Credit Cards
- Details, Rates & Fees Overall:
- Details, Rates & Fees Overall:
- Overall:
- Details, Rates & Fees Travel Rewards:
- Details, Rates & Fees Travel Rewards:
- Travel Rewards:
- Details, Rates & Fees Big Spenders:
- Details, Rates & Fees Big Spenders:
- Big Spenders:
- Details, Rates & Fees Bad Credit:
- Details, Rates & Fees Bad Credit:
- Bad Credit:
- Overall:
- Travel Rewards:
- Big Spenders:
- Bad Credit:
Why a Capital One Credit Card Is Good to Have
Capital One cards are among...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.