You can increase your Capital One Platinum 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 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, and update the income Capital One has on file. Capital One will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.
How to Get a Capital One Platinum Credit Limit Increase Online
- Log in to your online account or the Capital One mobile app.
- Choose the Capital One Platinum card from the list of account options (if you have more than one Capital One card).
- Click on the “Services” tab, and then select “Request Credit Line Increase.”
- Enter your total annual income, employment status, occupation, how much you will spend monthly on the card, your mortgage or rent payment amount, and your desired credit limit.
- Confirm the information entered and click “Submit” to complete the request.
You should receive a decision in just a few seconds. If you’re approved for a Capital One Platinum credit limit increase, the new limit is effective immediately.
Credit Score Impact of a Capital One Platinum Credit Limit Increase
When you request a Capital One Platinum credit limit increase, Capital One will conduct a soft pull of your credit report, which does not affect your credit score.
You could also be eligible for a Capital One Platinum credit limit increase without even requesting one. The Capital One Platinum card may offer an automatic credit limit increase if Capital One’s regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase also involves a soft pull, which does not affect your credit score.
This answer was first published on 09/15/21 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.
