Which am I most likely to get a credit limit increase with?

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2 posts
Summer03
 
Posts: 1
Joined: Fri Sep 28, 2012 9:21 am
Location: Tampa, FL

Which am I most likely to get a credit limit increase with?

Postby Summer03 » Fri Sep 28, 2012 9:30 am

Just was wondering if I would have better odds applying for a credit limit increase with my Chase Freedom card or CapitalOne Platinum card?

Both cards are charged used frequently through the month and paid almost in full before my payment due date(i hear it's best to keep a small balance on the card?). Both cards hold rediculously low credit limits. I'm pretty sure both institutions will do a hard pull on credit, but who is more likely to give the credit limit increase?

Any Ideas :)


kcarter609
Centurion Member
Centurion Member
 
Posts: 423
Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Fri Sep 28, 2012 6:03 pm

Summer03 wrote:Just was wondering if I would have better odds applying for a credit limit increase with my Chase Freedom card or CapitalOne Platinum card?

Both cards are charged used frequently through the month and paid almost in full before my payment due date(i hear it's best to keep a small balance on the card?). Both cards hold rediculously low credit limits. I'm pretty sure both institutions will do a hard pull on credit, but who is more likely to give the credit limit increase?

Any Ideas :)


My vote is Chase. Did you get the Capital One Platinum when you were fairly new to credit? And does it have a $500-$750 limit? I had one like that and they don't want to do anything for you.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)



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