crappy one(capital one) credit card is really suck, don't expect they will give you high CL, and they never raise your CL on request. Worst credit provider ever.

i have extensive credit history, never any derogatory info, and lines of 50k+ per issuer, cap one gave me $3000CL.

Its very rare they give out a large CL, or even a CL comparable to your other cards. Large Cap 1 CLs have only been reported a few times in this forum. Most others get $300-1000.

If you arent able to game them (ie by requesting huge BT in connection with app) our chances of a decent CL seem to be reduced further, and if you get one of these pathetic CLs, you might as well forget about them

I started at $500. Now I am at $1,500, whoppie!!! BTW, I NEVER use it and got a CL increase for no reason.

slimcustomer said:I responded to a preapproved offer from Capital One recently and recieved a $23,000 CL. It would be interesting to see what their actual critera are for handing out credit lines.

Have you also had a triple hard pull from Capital None ?

My friend in the college got his first credit card from Capital one. His credit limit is $200.

I had a similar problem with Best Buy who's credit card was handled by Household Bank at the time.

I have a FICO score of over 750 with all three credit reporting firms, high income, little debt, NEVER a late payment and we applied for a card two years ago at Best Buy to purchase a large screen TV and get the special no interest financing.

I was STUNNED when they offered us only a $1000 limit! Several cards in my wallet with no balance and $5,000 and 10,000 limits and Best Buy will only give me $1000???

We ended up splitting the charge on the Best Buy card and a MasterCard to at least get some benefit from the finanacing deal, but couldn't believe it.

underthecovers said:My Mom just got a $2000 CL from CapOne about two weeks ago.. and her credit reports are atrocious (bankruptcy 2 years ago, 80% utilization, and a previous CapOne account was even IIB!)

When I applied a year ago (with 720ish FICO, 5% utilization) I was only given a $500 CL. Typical Cap1.

that's interesting. i've never really thought about it that much before, but it sounds like c1 is actively seeking a different segment that most other providers - namely, people with questionable credit, who are likely to carry a balance and spend a little too much, but not likely to default and file bankruptcy.

this is interesting because most credit card companies do the opposite - their strategy is to target people with good credit, who always pay on time and rarely carry a balance. the reason that they offer Cash Back and all of the other benefits that they do is that statistically, people who pay their bills in full on time every month are likely to go about $10k into credit card debt at least once in their lives. (new baby, midlife crisis, whatever.) when you finally do take the plunge, you're going to charge up whatever card happens to be in your wallet at the time. the benefits are all designed to keep the card in your wallet for as much time as possible. (eg CashBack, but only if you get to $50 minimum.)

from what i've read about cap1, they don't much like college students (most providers do, b/c most students get into cc debt trouble but their parents bail them out in the end, so it's low risk) and they don't much like people with great credit, like me and some posters here. who they do like are people who have had credit trouble in the past, are at high utilization, and are likely to carry a balance.

this could possibly help to explain why they do a triple pull - since the reports aren't all updated at the time, and since many creditors dont report your "last payment" amount, a triple pull lets them get a more accurate picture of whether or not you do carry a balance.

anyone think im right? anyone think im nuts?

didYOUsearch said:actually cap1 is very agressive in targeting the college crowd and first timers with their $300 CL cards with annual fees

300 seems so low though, and from what i've read, they never raise limits. my first card in college gave me $500, and a couple of years later i was 20 years old, had 4 cards, the highest limit being $5000. that $500 card that i initially received (citibank) had raised my limit to $2000. like many college students, i was min trouble and couldn't pay my bills, and my parents helped me out.

if cap 1 gives only $300 credit limits and never raises them, that doesnt sound very aggressive to me. of course, cap 1 cards have that annual fee, so maybe that's what they aim for.

but for the life of me, i can't figure out how anyone smart enough to get into college would pay an annual fee for a credit card. on college campuses, there are people on every street corner giving out freebies like tshirts and water bottles to get you to sign up for their no-fee card. when i was in college, i heard more than one person say "i dont wnat to do laundry, im gonna go try to find a citibank guy."

Early on, when I had little credit history, Cap1 issued me a $3000 CL card.

I recently applied for a reward card from Cap1 and was rejected. I have >700 credit score and other CC companies have given me cards without problem.

Hope that makes you feel better because it seems they are targeting people with less than stellar credit.