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This question is about the Capital One Platinum Credit Card
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Thomas Antonsson, Member
@tomtom5
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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.
The Capital One Platinum card is designed for people with limited credit (less than 3 years of credit history). If your credit score and debt-to-income ratio are significantly better than the issuer’s minimum requirements, your chances of getting a higher credit limit will improve.
Ultimately, if you are unhappy with your credit limit, the issuer periodically reviews accounts for automatic credit limit increases after 6 months of on-time payments. If you’d rather not rely on an automatic increase, you can request one yourself instead.
This answer was first published on 12/07/18 and it was last updated on 01/12/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
Capital One Platinum Credit Card
Capital One Platinum Credit Card
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Zena Fuhrer, Member
@ibakikun
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Mine is sitting at 5600 after 2 years of using it. I am also a big spender and I have spent up to 3k and paid it off in 2 months, so it depends on your spending habits
This answer was first published on 12/31/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
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Sarah, Member
@sarahkel12
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I got a starting limit of 2000 with upper bad/lower fair credit.
This answer was first published on 07/05/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
People also ask
Can I get a Capital One credit limit increase without asking?
Yes, you can get a Capital One credit limit increase without asking; just use your card responsibly and make your first 6 payments of at least the minimum payment amount on-time.
If you do not get an increase automatically after this period and you meet the requirements above, you can request an increase either online or by calling (800) 955-7070. The approval odds should be high.
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What is the starting credit limit for a Capital One credit card?
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.
When determining credit limits, factors such as your debt-to-income ratio, repayment history and the length of your credit history will play a significant role. Unfortunately, there's no surefire way of knowing your credit limit before applying and getting approved for a Capital One credit card.
How to get...
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How do I increase my Capital One Platinum card credit limit?
You can increase your Capital One Platinum (see Rates & Fees) card credit limit by making a request online, through the Capital One mobile app, or by calling customer service at the number you see on the back of your card. Alternatively, you may also get a Capital One Platinum (see Rates & Fees) credit limit increase without asking, if your account is in good standing.
To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt,...
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WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
