Trying to get a credit increase on my Capital One Venture | TigerDroppings.com

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CP3LSU25
LSU Fan
Lafayette
Member since Feb 2009
35906 posts

Trying to get a credit increase on my Capital One Venture



I have had it for about 9 months and racked up almost 100,000 miles. Doubles miles.

I use it for business expenses and usually every month I have to pay off more than I should because I need more credit. They keep telling me that they will review my card and get back with me and it's taking to long. Should I get rough with them and tell them I am leaving if they don't give me a credit increase. Should I just pay off my balance and leave them and get another credit card. I shouldn't have to stress about something as tedious as this.







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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16990 posts

re: Trying to get a credit increase on my Capital One Venture


Capital One is weird. They just do an automatic annual limit adjustment and calling doesn't do much good.

AIf running out of room is a problem, you can just overpay your bill.

For instance: You have a $1,000 limit and a $500 balance. If you pay $1,500 dollars on it, you have $2,000 before you hit your limit.

It's not perfect, but it is a patch.






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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
72118 posts

re: Trying to get a credit increase on my Capital One Venture


I run into my limit a lot on my venture so I just make multiple payments a month





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CP3LSU25
LSU Fan
Lafayette
Member since Feb 2009
35906 posts

re: Trying to get a credit increase on my Capital One Venture


quote:

Capital One is weird. They just do an automatic annual limit adjustment and calling doesn't do much good.



this

quote:

or instance: You have a $1,000 limit and a $500 balance. If you pay $1,500 dollars on it, you have $2,000 before you hit your limit.

It's not perfect, but it is a patch.


I get what you are saying, but that would mean it isn't a credit card per say. I could just do the same with my debit card.






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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16990 posts

re: Trying to get a credit increase on my Capital One Venture


quote:

I get what you are saying, but that would mean it isn't a credit card per say. I could just do the same with my debit card.


If you have a venture, you're obviously (I hope) not carrying a balance on it and are just using it to pick up the points.

Find me a debit card that gives 2% points back.






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LSUnGA
LSU Fan
Buford, GA
Member since Jun 2009
1447 posts

re: Trying to get a credit increase on my Capital One Venture


There are many things you want to purchase with a CC just for protection versus a debit card.

But it's been many many years since I've had to request a limit increase, can't provide much help with that one.






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keeton350
Alabama Fan
Member since Nov 2005
390 posts

re: Trying to get a credit increase on my Capital One Venture


I have had the same card for a year and 3 months. Got a 5k limit. Called twice and they will not give me a higher limit. I pay it off every month though, im not sure if that has anything to do with it...





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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16990 posts

re: Trying to get a credit increase on my Capital One Venture


quote:

Got a 5k limit


quote:

I pay it off every month


quote:

they will not give me a higher limit


Do you just want a higher limit for credit score purposes or are you spending that much?

quote:

I pay it off every month though, im not sure if that has anything to do with it...


It most likely doesn't. AMEX just bumped my limit to 15k. I pay it off a few times a month and I don't think I've ever carried more than 2k on it.

They typically bump my limit when my credit score increases significantly (break barriers like average active RC over 2 years old).






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hiltacular
Georgia Tech Fan
FILA
Member since Jan 2011
9102 posts

re: Trying to get a credit increase on my Capital One Venture


AMEX GOLD = NO LIMIT







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CP3LSU25
LSU Fan
Lafayette
Member since Feb 2009
35906 posts

re: Trying to get a credit increase on my Capital One Venture


quote:

If you have a venture, you're obviously (I hope) not carrying a balance on it and are just using it to pick up the points. Find me a debit card that gives 2% points back.


Sorry. Misunderstood you







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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
41907 posts

re: Trying to get a credit increase on my Capital One Venture


That's a charge card not a credit card... Do you even get "rewards" with Charge cards?





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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16990 posts

re: Trying to get a credit increase on my Capital One Venture


Yeah. The charge cards give very good general points, but the return is not as good as the company specific cards, generally.





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