How strange, I have my Quicksilver that they approved me for 750 cl and about 5 months after I asked for an increase they made me an offer of 4,250, much more than what I asked for! only in 5 months. and the truth is I don't usually spend more than what I need, I don't even buy food with it
was gonna say the same . gave me $1000 first credit card . after 6 mos or so increased to 3500 . then they offered me the quick silver starting at 4500 . 🎉 .
Theyre good for credit repair, they approved me 9.5k unsecured with a bankruptcy from 2020.... the ONLY card that approved me, so i got nothing bad to say about em.
They offer WAY more than just a credit repair. I have the capital savor card with a 7k limit for my first try and its hands down the best card for most people
They didn’t want to approve me back in the day without any big issues like that and I still didn’t get one. Fixed my credit and went to Chase now I have 5 cards at the best bank
Yes, same with me. I did bankruptcy in 2010. They were first to give me unsecured card after only 6 or 9 months. It helped me then. I never really use it though.
They gave me a $5000 credit limit in 2022 with a credit score of 650 and bankruptcy in 2018. I used to have them back in the day by defaulted on all three of my cards before
Wow!! I had them years past in my early 20’s went through a hard time, and recently applied for a Quicksilver last year and was only approved for 300, then I’d gotten their Platinum and Walmart card with 500 limit. Since then my credit has been fair to good. Limit only increased on my Platinum once. I closed the other two and kept the Quicksilver since it’s my oldest line with
Discover is awful, if you use the damn card they panic and lower your limit..if you throw it in a drawer with a zero balance they cancel you because you dont use it enough. Complete garbage.
Capital One is so random. The denied a request for a credit limit increase for my Quicksilver but randomly decided to increase my Savor One from 1k to 6k without me applying for it some months after.
I had a cc with capital 1 b4 chapter 13. When I completed my banruptcy they were the only ones who approved me for 500. 4 months later I got approved for a 3k saver one card. 8 months later my plat card upgraded to quicksilver and got a credit imcrease to 800 amd then 3100
Pay attention to the closing date and the due date. If you pay in full before closing date, there's nothing for them to report. Always buy items after the due date. It gives you much more leeway to pay the card off because the next due date will be almost 2 months out.
I have a good experience with capital one. I do a credit limit increase request every year, increasing my venture x credit limit by 4k a year. Then again, I went into capital one with a 800+ credit score.
Capital One doesn't automatically increase your limit unless you use it like 2-3x times the credit limit by early paying and keep using rinse repeat. If you want to increase your credit limit you have to request it and they can approve or decline you
I started at 3k and I have 15k now .. idk why ppl say they don’t raise your credit limit.. I request a limit increase every 6 month and get approved every time
On the app, they also had a notification on the top center for you to put any income increase so they can consider you for CL increase. I filled the question out and who knows if they’ll do it or ask further.
I have 3 . My oldest was a Secured card (7yrs old)that THEY product changed to a Venture One and limit went from $300 to $3300; one with $500 that has never changed no matter how I spend & Walmart went from $1000 to $2200. I've never asked for an increase and barely use them because they're my oldest and lowest limits
I started off with a 300 limit but in a very short time without asking and with a very low income they raised my limit a frankly ridiculous amount, to around 10,000. So I don't have any complaints.
Just a comment - I've never requested a credit limit increase on any of my cards. And they just give me increases much higher than I would have ever asked for.
Also, please pay attention to these CC statements & interest fees they charge. My balance was at zero $0 & they tried to apply interest fees. (How can you apply a fee to ZERO). After a long conversation w/a rep they adjusted my account but this crazy. CAP1 SMH!
Yes, Venture X sinks every year like a brick. This card is not for their target population. I called them to ask if I can downgrade (they call it "upgrade") to Venture One, but they were pushing me towards Quicksilver, which I don't want at all. V1 was also available.
I would look to upgrade the platinum using the link he provides, no matter what you get it's gotta be better than the apple card, the rewards on that card are just so extremely limited.
I have a 8 year with my first card & It was capital one platinum & the limit been the same since the beginning only 300$ mind you my credit limit is $24,000 & the 2 time I try to do a credit increase they denied it
I've been with Capital One for about 1 month (yes, 1 month). I have multiple CC's (mostly with Amex). I applied for and got my Venture X the first time I applied with a $30K limit. People say this card is hard to get approved for,. I guess I'm just lucky.
Hi your u tube channel has very good content keep up good work!. By the way what does this have to say about cap1 now acquiring discover doesn’t sound promising what’s your thoughts Thanks!
I cancelled my Venture X a few weeks ago. That had a beefy 30k limit, but after the 1st year and the sign up bonus decided it really was't worth it, since I never booked through the portal except to redeem the travel credit and did not use a single other benefit
So many people be lying on social media about what they make and their high credit limits. I call bullshit on most people that feel they need to let everyone know this information.
I see this on reddit all the time. People declare they are 20 years old, have a $100,000 annual income and are in the process of buying a home. Really?
I have a quicksilver card for 7+ years...been at 2300 without increases. I did request but nothing. My chase is at 85k with score of 816. Always paid off before statement date. Weird as hell with cap1
i used it for monthly expenses and paid in full for 7 months straight and just went into the app and requested an increase. also make sure your balances are at 0@@chosenlieutenant3978
My quicksilver card, has a 3800 limit. My Venture-X, has a 10k limit. And my Venture One, has a 3500 limit. I never use the quicksilver. But I've had it the longest. Capital One, is crazy.
It's crazy because I don't even care to request CL increase they just increase it after a while. I use the credit card in tangent with my check card, any money I spend I can easily pay back at any given time. Aimming for 900 credit score so I can flex on the crap talkers.
guess I figured out the game. I got my C1 platinum less than 8 years ago (starting to rebuild my credit) with a $200 limit. Product changed it 3 times since then. Now it is a Venture card with $10,000 limit. The hertz contract is permanent now
Mark Reese did a video applying for the savor one and he was approved with adjusted terms and no sign up bonus with one bureau. He got a $10,000 limit.
Credit debt in this Country is astronomical. People are living beyond their means. I wish there were more resources to help people limit their debt, not increase access to credit.
Capital One is truly a sub-prime lender, often willing to extend credit to nearly anyone, but their interest rates can be eye-watering if you ain't paying attention. It wouldn't make sense to increase my credit limit to $100,000 if the APR is sitting at 29.99%-even 19.99% would be a stretch. If your interest rate is above 12%, it’s crucial that you avoid carrying a balance. Otherwise, you'll find yourself paying more in interest than your purchases are worth. It’s all about being smart with credit-access is one thing, but managing it wisely is key to staying financially healthy.
I’ve never had an issue with increasing my credit limit except for the venture one, which was a base card… I’ve had no issues with increasing my savor and venture x to 30k…
I used and paid my Adventure card consistently like Mike the Credit Guy explained and they increased my $500 to $1500 without me asking. So, this advice does not sound good.
C1 was bought out by ING Direct back in 2007 or so, and went from credit starter/ rehab to major player. After ING was forced to divest in 2010(?) C1 was way better company, imho.. but now seem to drifting back to their roots.. I’d make PayPal the subject of a video like this
Credit card companies keep increasing your credit limit to get you in more debt. I don’t want more debt. I don’t wanna increase my limit increase credit card limits get you further and further in debt.
Hi ! I use capital one ! Stfu they’re literally shit. Lmao. Even as a bank they’re shit. It’s been weeks and I have not been allowed access to MY $2,000 in savings. No transfers , no withdrawals, NO SIGN OF HELP ! 💀 I call and call and call and call .. I get the same repeat of transfers and no answer !
so its about how you use the card,,, if you have a high balance report they arnt too happy usually. its best to report 0-7% usuage. if your limit is say 750, use 400-700 a week and pay it every week. it will show you need more credit.
Some of these creepy card providers will not accept other than payments following the posting of your statement for the full billing cycle. Other than that, you have a good suggestion. It's all about stuffing people into "buckets."
Sorry guy don't see it on my account, sounds really convoluted to me. I've had no problem pay on time, pay extra when you can and use it responsibly and you will have a good experience.
CapOne is horrible ..the bank opened 2 credit cards & 1 checking account in my name - without my approval / authorization !! . Done with that bank. Forever.. Horrible in all aspects.. !!!
I agree they are frustrating for the reasons you outlined. I have never had any major issues with them but I have heard a handful of horror stories. 13:27 I think Capital One went too far on creating multiple versions of the same card. Does anyone remember the Journey Student card? I think that was a great card and I am not sure why it got merged into Quicksilver for students.
Why would you ever need or want a $25000 credit limit? You are supposed to pay the whole balance EVERY month. If you don't do that, you are best lining the pockets of the credit companies, and paying more for everything through that interest. You aren't supposed to be living on credit. Only stupid people do that.
Its to bump up or retain your credit score. Credit score is important for when you get insurance and bank accounts. With Capital One I haven't bothered with increases. I'm happy with 12k. Chase are much more generous.
If you’re relying on capital one and not aspiring to get better cards with better banks that’s kinda on you lol I started with capital one and now I’m with Amex and chase
I’m starting to see why Capital One trying to get Discover card to team up with them. It needs to be MasterCard teaming up with Discover card instead. I’m just saying that’s all
When do they report new accounts to the credit bureaus? Bc I open 2 accounts with them in January. 3 statements later and theyre still not showing up on my credit report!
If your balance is zero with Cap One, how do you cancel and get them to agree, in writing, that closing the account was at the customer's request. I don't like their business model so I only use their card infrequently so they do not cancel it.
Yes I understand they are covering there "AZZ" but I have NEVER missed a payment to them or anyone else and didn't even have a balance on some of the accounts! I am NOT playing games ether! When I get older I am doing the same thing my father did, max everything out are SCREW THEM! This should be ILLEGAL. No SCHIT it's not my money MORON but if you lend it to me you shouldn't be able to take it away for NO REASON! APPARENTLY you work for SYNCHRONY! So if I had a car loan with them or a mortgage, they going to reposes when I am UP TO DATE and NEVER missed a payment!? This should be ILLEGAL and I am looking into it! I am SURE there is BS fine print somewhere like with anything and the consumer ALWAYS gets screwed. Now my credit score is being damaged. I do';t care what you say, there has to be SOMTHING I can do! OBVIUSLY you work for these crooks and or never been screwed, YET! @@KittyKat-vb1nd
And other people in massive debt is NOT my problem! If you didn't give them so much credit it wouldn't be like that. MY limits are realistic for my debt and income. These idiots gave credit to dilinquents and now I am getting SCREWED for it. SO lets CLOSE and LOWER limits on some one who has NEVER missed a payment! YA, that makes sense but in the end I will WIN! @@KittyKat-vb1nd
My mother is 77 and said when she knows she is dying, to go on a massive shopping spree! I LOVE screwing over banks, the BIGGEST crooks on earth! People in massive debt it there problem, not mine! So close accounts and lower limits on people who PAY there bills and have a LOW utilazation! @@KittyKat-vb1nd
Capital One is ok if you're in the process of rebuilding credit. However, once you're well along the path of rebuilding credit, DITCH Capital One, unless you like being disrespected and having your credit line reduced or frozen in place. Once you have credit cards with the other big players, say goodbye to Capital One and don't waste your time on them.
Chase is not a great option either. I have not been able to get my credit score high enough for Chase, BofA, Citi etc. How does a person move from sub- prime to better credit cards.
Make payments. Biggest hits are high utilization and missed payments. Assuming that’s perfect and still not getting approved, try relationship banking. Open accounts. Last thing I can think of which should be a huge deal is cashflow, you might not “make enough” for minimum credit limits, ie CSR is a 10k min, but the CFU and flex start at $500 so it might depend on the card and if you meet qualifications for min credit limit approvals. It’s possible you’ve opened too many accts recently, or just a combination of all these factors.
One additional thing, time. How old are your accounts? If you are trying to own the world but you only have limited credit history sit back, make sure you pay your bills on time and wait a year or two. People whine about Capital One but in about 12 years of banking with them I think I have called customer service five or six times. Their high yield savings account is at 4.35% APY. Open an account and park some money there.
Might sound obvious, but the more money you have in BofA accounts, and the older the accounts , the nicer they are to you with their credit card offers. I don't use Chase but they're probably the same way. Other than that, always pay on time. Keep your utilization around 10%. Don't carry a balance but DO NOT pay until AFTER the statement prints. Then pay in full. Keep doing it. As your scores go up, you will get better offers. It takes time.
I have a capt one master card and I started with my own balance of a certain amount of money. I have only had one increase in three years. Should I ask for an increase or payoff the card retrieve my deposit and one the card?
I have the Quicksilver One with the annual fee and I was recently increased from 500 to 1000 and maybe 2 weeks ago then they sent me a Preapproval for the Savor One card just just what should I do?
Once I hear the complaining, I stop the video as it's about increasing odds of a higher credit limit. Yeah, they started me off with 25k but I'll see I can finish the video.
How strange, I have my Quicksilver that they approved me for 750 cl and about 5 months after I asked for an increase they made me an offer of 4,250, much more than what I asked for! only in 5 months.
and the truth is I don't usually spend more than what I need, I don't even buy food with it
was gonna say the same . gave me $1000 first credit card . after 6 mos or so increased to 3500 . then they offered me the quick silver starting at 4500 . 🎉 .
Theyre good for credit repair, they approved me 9.5k unsecured with a bankruptcy from 2020.... the ONLY card that approved me, so i got nothing bad to say about em.
They offer WAY more than just a credit repair. I have the capital savor card with a 7k limit for my first try and its hands down the best card for most people
They didn’t want to approve me back in the day without any big issues like that and I still didn’t get one. Fixed my credit and went to Chase now I have 5 cards at the best bank
Yes, same with me. I did bankruptcy in 2010. They were first to give me unsecured card after only 6 or 9 months. It helped me then. I never really use it though.
They gave me a $5000 credit limit in 2022 with a credit score of 650 and bankruptcy in 2018. I used to have them back in the day by defaulted on all three of my cards before
Wow!! I had them years past in my early 20’s went through a hard time, and recently applied for a Quicksilver last year and was only approved for 300, then I’d gotten their Platinum and Walmart card with 500 limit. Since then my credit has been fair to good. Limit only increased on my Platinum once. I closed the other two and kept the Quicksilver since it’s my oldest line with
I've been with Capiral One since 1996. I have NEVER EVER had a problem with them.
That’s cool. But we are speaking of capital one
I started with them last year and have had no problems with them at all.
I hope they don’t ruin my discover card
Haha i hope so too.
@wblake22 I hope so too, Go Pac Go
Facts
Seriously. Discover at least gave me a solid Credit Line increase. Capital One gave me nothing after 8 years of loyalty. Such a rip off.
Discover is awful, if you use the damn card they panic and lower your limit..if you throw it in a drawer with a zero balance they cancel you because you dont use it enough. Complete garbage.
Capital One is so random. The denied a request for a credit limit increase for my Quicksilver but randomly decided to increase my Savor One from 1k to 6k without me applying for it some months after.
😂
I had a cc with capital 1 b4 chapter 13. When I completed my banruptcy they were the only ones who approved me for 500. 4 months later I got approved for a 3k saver one card. 8 months later my plat card upgraded to quicksilver and got a credit imcrease to 800 amd then 3100
I never had issues with them, they keep offering me new cards and new credit limits.
Pay attention to the closing date and the due date. If you pay in full before closing date, there's nothing for them to report. Always buy items after the due date. It gives you much more leeway to pay the card off because the next due date will be almost 2 months out.
I have a good experience with capital one. I do a credit limit increase request every year, increasing my venture x credit limit by 4k a year. Then again, I went into capital one with a 800+ credit score.
Capital One doesn't automatically increase your limit unless you use it like 2-3x times the credit limit by early paying and keep using rinse repeat. If you want to increase your credit limit you have to request it and they can approve or decline you
isnt that credit cycling?
What's rinse repeat? Purchase & pay off?
Capital One treats me great.
I have no complaints.
Capital one seems more like a FinTech company with credit cards as a side hustle
Tf lol they have one of the top single only credit cards. Capital savor one is dope af
@@chosenlieutenant3978 meaning everything is automated. I have and love the savor one too
Lol nah they're just a subprime lender.
I started at 3k and I have 15k now .. idk why ppl say they don’t raise your credit limit.. I request a limit increase every 6 month and get approved every time
Do they do a hard credit inquiry when you request an increase?
@@schm147 no hard pull
On the app, they also had a notification on the top center for you to put any income increase so they can consider you for CL increase. I filled the question out and who knows if they’ll do it or ask further.
@@schm147 no hard inquiry atleast for chase and capital one
@schm147 No they don't.
I have 3 .
My oldest was a Secured card (7yrs old)that THEY product changed to a Venture One and limit went from $300 to $3300; one with $500 that has never changed no matter how I spend & Walmart went from $1000 to $2200. I've never asked for an increase and barely use them because they're my oldest and lowest limits
I started off with a 300 limit but in a very short time without asking and with a very low income they raised my limit a frankly ridiculous amount, to around 10,000. So I don't have any complaints.
Just a comment - I've never requested a credit limit increase on any of my cards. And they just give me increases much higher than I would have ever asked for.
Also, please pay attention to these CC statements & interest fees they charge. My balance was at zero $0 & they tried to apply interest fees. (How can you apply a fee to ZERO). After a long conversation w/a rep they adjusted my account but this crazy. CAP1 SMH!
Same here 2 months ago
I pay the statement balance every month and pay 0 interest.
I hope higher-ups at Capital One find your videos.
Haha, they'd be so mad. But hey, they did it to themselves.
Yes, Venture X sinks every year like a brick. This card is not for their target population. I called them to ask if I can downgrade (they call it "upgrade") to Venture One, but they were pushing me towards Quicksilver, which I don't want at all. V1 was also available.
Been with capital one for 8 years and yes my credit limit with capital one is 1000…… it is insane…..
Never had an issue with them but I prefer Chase
I sockdrawared my Capital One platinum card two months ago. I now use my Apple Card as my daily driver.
I would look to upgrade the platinum using the link he provides, no matter what you get it's gotta be better than the apple card, the rewards on that card are just so extremely limited.
I have a 8 year with my first card & It was capital one platinum & the limit been the same since the beginning only 300$ mind you my credit limit is $24,000 & the 2 time I try to do a credit increase they denied it
Great information, I'm going to keep watching incase there's change in the requirements for the VX with the sub. Until then, I'm a Chase fan boy.
Capital one will never give you a limit increase when you actually need it
I’ve been with capital one (signature card) for 40 plus years, never a problem.
I've been with Capital One for about 1 month (yes, 1 month). I have multiple CC's (mostly with Amex). I applied for and got my Venture X the first time I applied with a $30K limit. People say this card is hard to get approved for,. I guess I'm just lucky.
Low credit limits are actually good imo. Keeps the temptation and interest rates low.
Hi your u tube channel has very good content keep up good work!. By the way what does this have to say about cap1 now acquiring discover doesn’t sound promising what’s your thoughts Thanks!
I will NOT apply for their cards or bank with them. They are anti consumer.
In what way? Explain how they are evil, don’t just repeat what others have said.
@@mikecumbo7531 I said "anti consumer," not evil. Three credit pulls for one card application; that's not necessary & it hurts the consumer.
@@mikecumbo7531 google capital one you’ll find out they’re the most litigious bank in the United States. They’re vicious.
@@mikecumbo7531 He didn't say they were "evil."
I always learn some thing new either from the news letter or these YT postings.
I cancelled my Venture X a few weeks ago. That had a beefy 30k limit, but after the 1st year and the sign up bonus decided it really was't worth it, since I never booked through the portal except to redeem the travel credit and did not use a single other benefit
So many people be lying on social media about what they make and their high credit limits. I call bullshit on most people that feel they need to let everyone know this information.
I see this on reddit all the time. People declare they are 20 years old, have a $100,000 annual income and are in the process of buying a home. Really?
I have a quicksilver card for 7+ years...been at 2300 without increases. I did request but nothing. My chase is at 85k with score of 816. Always paid off before statement date. Weird as hell with cap1
That is pretty weird
FWIW, Once the quicksilver card gets to about 8 years of age then I saw $500+ CLI every 6 to 9 months.
Love cap one started with quicksilver 900 limit moved on to savor $5k limit then venture 5k recently increased to 10k limit.
How did you get yours to increase?
i used it for monthly expenses and paid in full for 7 months straight and just went into the app and requested an increase. also make sure your balances are at 0@@chosenlieutenant3978
I got the student to savor one last year. Planning to get the Venture X next year. Hopefully the Savor one is not bucketed.
That's a great duo right there!
Its a great duo. Hopefully student cards are not bucketed@@calbarton
Cap one buckets everyone also most litigious credit card and loans in the industry
I would say Discover is the most litigious imo
My quicksilver card, has a 3800 limit. My Venture-X, has a 10k limit. And my Venture One, has a 3500 limit. I never use the quicksilver. But I've had it the longest. Capital One, is crazy.
It's crazy because I don't even care to request CL increase they just increase it after a while. I use the credit card in tangent with my check card, any money I spend I can easily pay back at any given time. Aimming for 900 credit score so I can flex on the crap talkers.
The highest is 850
I just got approved for a venture x, I make like 65k a year and they started me at 20k limit, guess I’m one of the lucky ones🤣
guess I figured out the game. I got my C1 platinum less than 8 years ago (starting to rebuild my credit) with a $200 limit. Product changed it 3 times since then. Now it is a Venture card with $10,000 limit. The hertz contract is permanent now
two cards and no increase in a year. Discover refunded $200 and gave me $1800 in unsecured credit.
Capital One also do not honor their policy on stolen or lost card agreement. They will find a way to charge you if your card is stolen.
You have no obligation to pay them, and retain a police report to file with the bureaus when Cap One attempts to bypass the laws.
I got a better idea, get a debit card and forget the CC!!!
better until a fraudulent charge, and your money is gone
Mark Reese did a video applying for the savor one and he was approved with adjusted terms and no sign up bonus with one bureau. He got a $10,000 limit.
Credit debt in this Country is astronomical. People are living beyond their means. I wish there were more resources to help people limit their debt, not increase access to credit.
Chase is horrible. STAY away from them
Wait, why? Credit card wise, I have found them to be the best. Anything else banking wise, you are right.
Great information with an excellent delivery.
Thank you kindly!
Capital One is truly a sub-prime lender, often willing to extend credit to nearly anyone, but their interest rates can be eye-watering if you ain't paying attention. It wouldn't make sense to increase my credit limit to $100,000 if the APR is sitting at 29.99%-even 19.99% would be a stretch. If your interest rate is above 12%, it’s crucial that you avoid carrying a balance. Otherwise, you'll find yourself paying more in interest than your purchases are worth. It’s all about being smart with credit-access is one thing, but managing it wisely is key to staying financially healthy.
I’ve never had an issue with increasing my credit limit except for the venture one, which was a base card… I’ve had no issues with increasing my savor and venture x to 30k…
I used and paid my Adventure card consistently like Mike the Credit Guy explained and they increased my $500 to $1500 without me asking. So, this advice does not sound good.
C1 was bought out by ING Direct back in 2007 or so, and went from credit starter/ rehab to major player. After ING was forced to divest in 2010(?) C1 was way better company, imho..
but now seem to drifting back to their roots..
I’d make PayPal the subject of a video like this
I have been trying to find a way to product change my C.O. Quicksilver One to a no annual fee cc. Where can I find that page?
It’s really not that hard to go somewhere else for credit if the limit is too low!
That's weird because they initially gave me a $200 credit limit about 8 months ago now they gave me another card with 2500 limit without even asking
How about just avoid Capital 1?
Easier said than done
@@BlackSted Why do say that?
@@mrlaw711 Dont worry about it
Credit card companies keep increasing your credit limit to get you in more debt. I don’t want more debt. I don’t wanna increase my limit increase credit card limits get you further and further in debt.
You're using random online people's testimony. This is useless information.
Hi ! I use capital one ! Stfu they’re literally shit. Lmao. Even as a bank they’re shit. It’s been weeks and I have not been allowed access to MY $2,000 in savings. No transfers , no withdrawals, NO SIGN OF HELP ! 💀 I call and call and call and call .. I get the same repeat of transfers and no answer !
Cap one quicksilver has bumped me from 3K to 5k and last week they took me up to 7k unexpectedly.
How were you using it, and for how long?
so its about how you use the card,,, if you have a high balance report they arnt too happy usually. its best to report 0-7% usuage. if your limit is say 750, use 400-700 a week and pay it every week. it will show you need more credit.
Some of these creepy card providers will not accept other than payments following the posting of your statement for the full billing cycle. Other than that, you have a good suggestion. It's all about stuffing people into "buckets."
Why are they wasting time with Capital One?
They also will never change your secured card to an unsecured... Not my situation but I've definitely heard stories.
They did change mine from use cured to unsecured but that was with a squeaky clean history, now that my history had collections it could take longer
Sorry guy don't see it on my account, sounds really convoluted to me. I've had no problem pay on time, pay extra when you can and use it responsibly and you will have a good experience.
I see the Quick silver card with a $200 intro bonus but when I got mine it had a $250 into bonus. I thought that was odd.
CapOne is horrible ..the bank opened 2 credit cards & 1 checking account in my name - without my approval / authorization !! . Done with that bank. Forever.. Horrible in all aspects.. !!!
no to cap 1 or discover. yes to Chase or Amex
use the card oversea... that would help a bit
Lol i did have that 500 platinum. It changed to a quicksilver and is stuck at 2100 to this day. 😂 Still use it though.
I agree they are frustrating for the reasons you outlined. I have never had any major issues with them but I have heard a handful of horror stories.
13:27 I think Capital One went too far on creating multiple versions of the same card. Does anyone remember the Journey Student card? I think that was a great card and I am not sure why it got merged into Quicksilver for students.
Why would you ever need or want a $25000 credit limit? You are supposed to pay the whole balance EVERY month. If you don't do that, you are best lining the pockets of the credit companies, and paying more for everything through that interest. You aren't supposed to be living on credit. Only stupid people do that.
💯 this the one!
To keep utilization low, no other reason
Keep utilization low or buying ‘good debt’ that will pay off and then some.
Its to bump up or retain your credit score.
Credit score is important for when you get insurance and bank accounts.
With Capital One I haven't bothered with increases. I'm happy with 12k. Chase are much more generous.
If you’re relying on capital one and not aspiring to get better cards with better banks that’s kinda on you lol
I started with capital one and now I’m with Amex and chase
I’m starting to see why Capital One trying to get Discover card to team up with them. It needs to be MasterCard teaming up with Discover card instead. I’m just saying that’s all
When do they report new accounts to the credit bureaus? Bc I open 2 accounts with them in January. 3 statements later and theyre still not showing up on my credit report!
had mine for a while a secured card 1st credit card... and i notice out the blue got a credit increase i was surprised lol
Can someone list the 7 policies here? i hate that you do a video and blur it, whats the point?
I'm hoping once the merger happens that I can finally get another discover card. Discover has denied me multiple times due to a bankruptcy from 2021.
If your balance is zero with Cap One, how do you cancel and get them to agree, in writing, that closing the account was at the customer's request. I don't like their business model so I only use their card infrequently so they do not cancel it.
It really doesn't matter on having one hard pull. It only affects one credit score from the credit bureau that was used. After 2 months it goes away.
I had Capital One quit silver $300 now I got Capital One server one $800
Can I do ANYTHING about Synchrony closing my accounts and lower limits on them. It is ridiculous.
Nope. Not your money people. You're borrowing and with so many Americans in massive debt, they are not playing games
Yes I understand they are covering there "AZZ" but I have NEVER missed a payment to them or anyone else and didn't even have a balance on some of the accounts! I am NOT playing games ether! When I get older I am doing the same thing my father did, max everything out are SCREW THEM! This should be ILLEGAL. No SCHIT it's not my money MORON but if you lend it to me you shouldn't be able to take it away for NO REASON! APPARENTLY you work for SYNCHRONY! So if I had a car loan with them or a mortgage, they going to reposes when I am UP TO DATE and NEVER missed a payment!? This should be ILLEGAL and I am looking into it! I am SURE there is BS fine print somewhere like with anything and the consumer ALWAYS gets screwed. Now my credit score is being damaged. I do';t care what you say, there has to be SOMTHING I can do! OBVIUSLY you work for these crooks and or never been screwed, YET! @@KittyKat-vb1nd
And other people in massive debt is NOT my problem! If you didn't give them so much credit it wouldn't be like that. MY limits are realistic for my debt and income. These idiots gave credit to dilinquents and now I am getting SCREWED for it. SO lets CLOSE and LOWER limits on some one who has NEVER missed a payment! YA, that makes sense but in the end I will WIN!
@@KittyKat-vb1nd
My mother is 77 and said when she knows she is dying, to go on a massive shopping spree! I LOVE screwing over banks, the BIGGEST crooks on earth! People in massive debt it there problem, not mine! So close accounts and lower limits on people who PAY there bills and have a LOW utilazation! @@KittyKat-vb1nd
Nope
Capital One is ok if you're in the process of rebuilding credit. However, once you're well along the path of rebuilding credit, DITCH Capital One, unless you like being disrespected and having your credit line reduced or frozen in place. Once you have credit cards with the other big players, say goodbye to Capital One and don't waste your time on them.
Chase is not a great option either. I have not been able to get my credit score high enough for Chase, BofA, Citi etc. How does a person move from sub- prime to better credit cards.
Make payments. Biggest hits are high utilization and missed payments. Assuming that’s perfect and still not getting approved, try relationship banking. Open accounts. Last thing I can think of which should be a huge deal is cashflow, you might not “make enough” for minimum credit limits, ie CSR is a 10k min, but the CFU and flex start at $500 so it might depend on the card and if you meet qualifications for min credit limit approvals. It’s possible you’ve opened too many accts recently, or just a combination of all these factors.
One additional thing, time. How old are your accounts? If you are trying to own the world but you only have limited credit history sit back, make sure you pay your bills on time and wait a year or two.
People whine about Capital One but in about 12 years of banking with them I think I have called customer service five or six times. Their high yield savings account is at 4.35% APY. Open an account and park some money there.
Might sound obvious, but the more money you have in BofA accounts, and the older the accounts , the nicer they are to you with their credit card offers. I don't use Chase but they're probably the same way. Other than that, always pay on time. Keep your utilization around 10%. Don't carry a balance but DO NOT pay until AFTER the statement prints. Then pay in full. Keep doing it. As your scores go up, you will get better offers. It takes time.
Do you have at least 1 year with a credit card? Chase (and i think Citi) like to see at least 1 year of history before they will accept you.
Crazy seeing this as I got a 20k limit off that bat with a 82k/ year job
How do I find out if I'm eligible to upgrade my card?
I have a capt one master card and I started with my own balance of a certain amount of money. I have only had one increase in three years. Should I ask for an increase or payoff the card retrieve my deposit and one the card?
My cl at the was 630 , been stuck at 500 for 3 years now. They let my account go over each month, why just up the limit to 750-950
Algorithms are highly sophisticated behavioral monitoring systems.
Don’t get capital one as your first card
I have the Quicksilver One with the annual fee and I was recently increased from 500 to 1000 and maybe 2 weeks ago then they sent me a Preapproval for the Savor One card just just what should I do?
Cap One better keep Discover customer service
They won’t they are HORRIBLE
They like me a lot but I keep plenty in my savings and checking.
The problem with Chase is you can't have more than 3 inquires I think.
Close it and bury the card.
Yup, I am a CRAPital One Victim. Worse than them, Synchrony is REALY SCREWING me.
Synchrony sucks!
I’ve gotten a savor one with a relatively high ish limit. I want a venture x card, would it be worth it with the annual fee?
I use the savor card earn 800$ usd a year in rewards well worth 95$ fee
I regret getting their credit card
If you want to get ahead, cut up the credit cards. this dude's advice on expanding credit is dangerous.
Call them and ask for an increase 😅???
Once I hear the complaining, I stop the video as it's about increasing odds of a higher credit limit. Yeah, they started me off with 25k but I'll see I can finish the video.
So don't waste time with Capital One.
do they have a reconsideration line now
Capital One is good at turning away loyal customers so don’t be a customer