Capital One Credit Card Limits Explained (2024)

FAQs

What are Capital One credit card limits? ›

According to anecdotal reports, the card's credit limit can be as low as $750 and as high as $10,000. However, Capital One does not list a minimum or maximum credit limit in the card's terms and conditions. If you want to aim for a higher credit limit, there are a number of areas...

You can get a Capital One Quicksilver credit limit of $10,000 if your credit score and overall creditworthiness are good enough. You will need at least good credit (a credit score of 700+). But the higher your credit score is, the better are your chances of getting a $10,000 credit limit.

Capital One Venture Rewards Credit Card

Highest reported credit limit: $58,000, according to a member on the myFICO forums. Sign-up bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases within the first three months from account opening. Rewards: Earn 2 miles per dollar on every purchase.

Capital One Savor cardholders report credit limits between $5,000 and $30,000, but you won't know your actual credit limit until you're 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.

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.

Changing market conditions: Capital One may have lowered your credit line to limit its risk in response to changes in the economic environment. Many people's limits got lowered by credit card companies during the COVID-19 pandemic, for example.

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.

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.

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.

Is Capital One hard to get approved? ›

It is not very hard to get a Capital One credit card because Capital One offers cards for people with bad credit, no credit, or better. As long as you meet a Capital One card's credit score requirement and you have a steady income, you should have a good chance of being 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.

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.

Capital One balance transfer cards offer credit limits up to £8,000.

Your monthly income needs to be at least $425 more than your monthly rent or mortgage payment to get the Capital One SavorOne Cash Rewards Credit Card, according to Capital One. The higher your income is above the minimum, the more likely you are to be approved.

Credit One Platinum's maximum credit limit is around $2,000, according to customer reviews. Some people report being approved for this amount right away, while others have worked up to it over years of responsible card use. The minimum credit limit for Credit One Platinum is just $300.

Through the mobile app: To check your balance through the mobile app, sign in with the same login details you would for your online account. Over the phone: You can also check your balance by calling (800) 227-4825 or the number you see on the back of your card.

Receive an automatic credit limit increase

Some Capital One cards, especially those geared toward consumers establishing or building credit, offer the opportunity for an increase after six months of on-time payments.