Question:

I was approved for a capital one credit card but with a 300 dollar limit only. I want another card and no one?

by  |  earlier

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else seems to want to give me a card. A 300 dollar limit is so little i need a card with more.

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6 ANSWERS


  1. From what I understand they will increase the limit by request after so many months of paying your bill on time..


  2. since it seems to be your first creditcard, you need to prove yourself over time before they give you a higher limit and maxing out the card all the time is not the way to do it. No one NEEDS another credit card or one with a hight credit limit - it will only get you in trouble

  3. You need to prove to them that your responsible with the one you already have and then ask for a credit increase.

    Simply use it for every day things and pay in full before the due date for a few months and they will increase your limit.


  4. yep get it and keep it a few months spend some on it and PAY it off,  before you know it you will be over 1k on your limit.    Yes 300 is pretty low,  dont think you can even rent a car with that.    But some advise dont use it except for emergencies or travel.

  5. The reason you can't get a card with a higher limit is because you either have no credit, or bad credit.  Why do you need a card with a higher limit?  Use your debit card for daily purchases.  Credit cards are to be used in emergencies, not to just buy stuff.  Start with the lower limit, pay on time and your limit will be increased.

  6. Just apply for another one then, a Citicard for example.

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