You can get a Capital One Quicksilver credit limit increase by making a request eitheronlineor by calling the number you see on the back of your card. You’ll need to provide your total annual income, employment status, and monthly mortgage or rent payment. So, make sure to have that information ready before submitting your request.
Keep in mind that new accounts opened within the past several months are generally considered ineligible. Capital One also recommends a history of on-time payments above the minimum amount due with all creditors. Anyone who has received a credit line increase or decrease on their Capital One Quicksilverin the past several months is usually not eligible.
How to Get a Capital One Quicksilver Credit Limit Increase Online
- Log into your Capital One online account home page.
- Click the "Services" tab.
- Click the "Request Credit Line Increase" link.
- On the request form, enter your total annual income, employment status, monthly housing payment, and maximum desired credit limit.
- Click "Submit".
To request an increase by phone, call Capital One customer service at the number you see on the back of the card. From the automated phone system, choose "More Options" to hear the credit increase option. You will need to provide the same information as you would for an online request.
Impact of a Credit Limit Increase on Your Credit Score
Asking for a Capital One Quicksilver credit limit increase will not affect your credit score, as Capital One uses asoft pull for all credit limit inquiries. Moreover, after you’ve submitted your request, Capital One generally provides a decision immediately. But if they need to review further information, it may take up to 30 days to receive a decision. If you’re approved, your new credit line will be available immediately.
If you’re denied a credit limit increase, Capital One allows you to submit another request any time you like, but your odds of approval are better if you wait six months. Capital One Quicksilver also offers the possibility of automatic credit limit increases for select customers. But there’s no guarantee when, or if, one will occur.
This answer was first published on 04/16/21 and it was last updated on 01/15/24. 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.
