To increase your initial credit line, simply deposit more than your minimum required security deposit within 35 days of being approved and before you activate your card. You can raise your initial credit line by the amount of your additional deposit, up to $1,000.
Does Capital One Secured card automatic limit increase?
Automatic Credit Increase for Responsible Payers If you make on-time monthly payments, you will be considered for an increase on your Capital One Platinum Secured credit limit after six months.
What is the highest credit limit for Capital One secured credit card?
Yes, a secured credit card will increase your limit under certain conditions. For instance, you can add additional funds to your security deposit to raise your credit limit. Plus, if you make several consecutive timely payments, the issuer may increase your limit without an additional deposit.
Does a secured credit card limit go up?
If you're a Capital One cardholder, you may be able to go beyond your credit limit without having to worry about your card being declined. If your account has access, you can use the Confirm Purchasing Power tool to check if an overlimit purchase may be approved.