What is the highest credit limit for Capital One Platinum?
What is the maximum Capital One Platinum credit limit I can get? The Capital One Platinum credit limit can be as high as $3,000 according to online cardholder reports, but it will depend entirely on the specifics of each applicant's credit and their overall financial situation.
| Card | Minimum Credit Line | Reported Maximum Credit Line |
|---|---|---|
| Credit One Bank® Platinum Visa® | $300 | $1,400 |
| Credit One Bank® Platinum Visa® for Rebuilding Credit | $300 | $1,500 |
| Credit One Bank American Express® Card | $300 | $5,000 |
| Credit One Bank® Platinum X5 Visa® | $500 | $3,000 |
To get a $10,000 credit limit on a Capital One credit card, you will need to apply for a high-end card like Capital One Venture X and meet the income requirements. Other Capital One cards may offer $10,000 starting credit limits to qualified applicants, but the odds of getting a limit that high are not as good.
The Capital One Platinum Credit Card is available to applicants with fair credit or better, although eligibility isn't decided by credit scores alone. Your income, debts and other factors are also considered. Fair credit, also called "average" credit, is generally defined as a FICO credit score of 630 to 689.
- Capital One Venture X Rewards Credit Card: Best premium travel card.
- Capital One Venture Rewards Credit Card: Best for earning travel rewards with a low annual fee.
- Capital One VentureOne Rewards Credit Card: Best for fee-conscious travel rewards.
On our list, the Ramp Corporate Card and the Chase Ink Business Premier Preferred Credit Card offer the best opportunity to access a $100,000 credit limit. Ramp determines your spending limit based on factors like your cash-on-hands and monthly expenses, while Chase uses creditworthiness to calculate your credit limit.
Capital One Platinum automatic credit limit increase
Cardholders can qualify for a Capital One Platinum credit limit increase in as little as six months. If you make monthly payments on time and keep debt at a minimum, you'll likely be rewarded with more available credit on your account.
There is no general starting credit limit for Capital One credit cards. Your credit limit will be based on your creditworthiness once your application has been approved.
To get approved for a high limit credit card, you will need good to excellent credit and proof that you can afford a high spending limit. More specifically, your credit limit will be determined by several factors, including your income, assets, and existing debt obligations.
Capital One lets you request a credit limit increase online as often as you want, but you can only be approved once every six months. If you've received a credit limit increase or a credit limit decrease in the last six months, you won't be approved for a credit limit increase.
Is Capital One Platinum hard to get?
The credit score that you need for the Capital One Platinum Credit Card (see Rates & Fees) is at least 640, which is usually considered fair credit.
Capital One Quicksilver is better than Capital One Platinum because it offers attractive rewards and a 0% introductory APR. Capital One Platinum doesn't offer low introductory rates or any kind of rewards – just the ability to build credit without paying an annual fee.
The Capital One Platinum Mastercard in a nutshell
The Platinum Mastercard is for people with fair credit scores who are building or rebuilding their credit. The card comes with a $0 annual fee. View important rates and disclosures. Plus, it doesn't require a security deposit.
Capital One Venture X Rewards Credit Card
A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The Capital One Venture X Rewards Credit Card is hard to get because it requires excellent credit for approval and charges an annual fee of $395. You get a lot in return, though.
- Chase Sapphire Preferred® Card.
- Chase Sapphire Reserve®
- The Platinum Card® from American Express.
- Chase Freedom Unlimited®
- Capital One QuicksilverOne Cash Rewards Credit Card (see rates and fees)
- Platinum Secured Mastercard® from First Tech Federal Credit Union.
Overall, these cards are a close match. However, SavorOne offers slightly better cash-back rewards. Because the higher rewards are earned, in part, on groceries and dining, the SavorOne is likely to generate more rewards for almost anyone than the Quicksilver card.
- Apply for a High-Limit Card. Explore credit cards designed for individuals with good or excellent credit. ...
- Improve Your Credit Score. Your credit score is an important factor that card issuers consider when determining your credit limit. ...
- Increase Your Income.
Carmen Peters, Member. The Capital One Quicksilver credit limit depends on your income, creditworthiness and payment history, which are evaluated once you apply for the card. According to anecdotal reports, the card's credit limit can be as low as $750 and as high as $10,000.
Yes, $25,000 is a high credit card limit.
The Capital One Platinum credit limit can be as high as $3,000 according to online cardholder reports, but it will depend entirely on the specifics of each applicant's credit and their overall financial situation. Most cardholders get credit limits of at least $300, though.
Why won't Capital One give me a credit increase?
While the reasons behind a denial may vary, common reasons why your request for a credit line increase may be declined include: Your Capital One account is too new. There has recently been a change to the credit line on this account.
| Pros | Cons |
|---|---|
| $0 annual fee | No rewards program |
| No foreign transaction fees | High APR |
| May be approved with “fair” credit | No intro APR |
For certain cards, Capital One indicates that it will automatically review your account for credit line increases after as few as six months.
If you are eligible for a credit limit increase, your request may be approved immediately. But sometimes requests can take a few days to review. And sometimes your issuer may ask for additional information before it can approve your request.
An overpayment will not help boost your credit limit, not even temporarily. Your credit limit remains the same – you'll just have a negative balance that will be applied toward your next statement. Details like credit score and income are usually factored into a credit limit increase.
