Mine actually started out at a $300 credit limit for the Capital One Quicksilver cardwhile I was in the rebuilding credit phase (almost 600 credit score).Then went to $500 after 5-on time payments and then to$750 after about 12-months. So it really depends on where your credit is. Ifyou have “good credit” then it probably starts at $1000, as they said above. However, if you haveno credit, bad credit, or just rebuilding it, then you could start at a lower amount-as I did.
This answer was first published on 06/18/18. 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.
see this user
Sergiu Costin, Member
@sergiuc_1
Permalink Report Abuse
My Quicksilver card is at 12k right now. I started off I think at 2.5k 3 years ago and kept applying for client every 6 months or so. It's just a Quicksilver visa and not signature.
This answer was first published on 06/26/18. 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.
Report Abuse
Just a MasterCard basic, not a World or World Elite card. (Or Visa)
People also ask
How do I request a credit limit increase with Capital One?
You can get a Capital One credit limit increase by requesting it online or by calling customer service at the number you see on the back of your card. 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...
read full answer
What credit card do millionaires use?
Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting. For example, in the case of the Amex Centurion Card – also known as “the Black Card” – you reportedly need to charge at least $100,000 across Amex credit cards every year to even qualify for an invite. The Platinum Card® from American Express is another exclusive credit card that...
read full answer
How do I get a Capital One Quicksilver credit limit increase?
You can get a Capital One Quicksilver (see Rates & Fees) credit limit increase by making a request either online or 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...
read full answer
see this user
qahcsllc, Member
@qahcsllc
Permalink Report Abuse
I have the Quicksilver $7,750 credit line, was trying to get max of $10,000. When I asked for an increase, i was denied because I wasn't using my available credit…I'm like wow!
So I applied for the SAVOR Card, got approved for $10,000, which is a World Elite Mastercard. Howbeit, once I spend a few hundred on the SAVOR Card, Capital One upgraded my Quicksilver card to World Mastercard…Go figure! Was hoping they bump my limit to the $10,000; perhaps if I make high charges, they'll give it…
This answer was first published on 08/28/21. 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.
see this user
kncarson3456, Member
@kncarson3456
Permalink Report Abuse
I've had a secured capital 1 card for a year and I applied for the rewards card and my starting limit is $300. As you make payments before the due date, you will get increases in your limit. Capital 1 has been a great company to work with.
This answer was first published on 06/05/19. 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.
Report Abuse
Hello how are you doing today hope all is well with you and your family especially in this crazy time!! Hopefully you can answer a question for me I have been trying to research for a week now. My question to you is do you have a capital one quicksilver card ??? Not the Quicksilver one card. The regular QUICKSILVER CARD?? If so CAN YOU PLEASE PLEASE TELL ME!!! EXACTLY WHAT DATE DOES CAPITAL ONE QUICKSILVER REPORT YOUR BALANCE TO THE CREDIT BUREAUS ???? IT'S ACTUALLY ON YOUR EXPERIAN TRANSUNION OR EQUIFAX REPORT!!!! AS BALANCE UPDATE OR MOST OF THE TIME AS (DATE REPORTED)!!!!! THAT IS THE DAY THAT THEY REPORT TO THE CREDIT BUREAUS!!!! I KNOW SELF LENDER AND CREDIT STRONG REPORTS THE LAST DAY OF THE MONTH!! WHETHER IT’S THE 28TH 30TH OR 31ST OF THE MONTH. QUICK TIP!!! WITH THAT BEING SAID IF YOU HAVE ANY ONE OF THOSE SELF, OR CREDIT STRONG TRY TO ALWAYS PAY IT AT LEAST 2 DAYS BEFORE THE END OF THE MONTH !!! THAT WAY YOUR CREDIT UTILIZATION WILL BE LOW!!!! AND THAT ACTUALLY GOES FOR ALL YOUR CREDIT CARDS!!! ALWAYS ALWAYS TRY TO PAY THE MAX AMOUNT OF MONEY YOU ARE GOING TO PAY AT LEAST 2 DAYS BEFORE THE DATE THEY REPORT IT!! AND HONESTLY IF YOU NEED THE MONEY 2 DAYS OR WHENEVER AFTER THAT YOU CAN DEFINITELY TAKE IT BACK OR SPEND IT AS LONG AS YOU PAY IT BACK 2 DAY AT LEAST BEFORE THEY REPORT TO THE BERUAS !!! THAT’S EXACTLY HOW I HAVE BEEN DOING IT !! AND MY CREDIT HAS BEEN JUMPING UP INCREDIBLY!!! I WAS LITERALLY AT 473 IN AUGUST OF 2020 AND IM AT 705 NOW AND SINCE LATE MARCH EARLY APRIL OF 2021!!! ALL OFF OF DOING A LOT OF RESEARCH AND READING MYSELF!! I REFUSE TO PAY FOR SOMEONE TO WORK ON MY CREDIT WHEN I KNEW I COULD DO IT MYSELF AND GET BETTER RESULTS!!!! SORRY FOR THE LONG TEXT!!! I JUST WANTED TO GIVE YOU USEFUL INFORMATION AS WELL BECAUSE I WOULD LIKE YOUR USEFUL INFORMATION!!! AND IN CASE YOU DIDN'T KNOW!!! EACH ONE TEACH ONE!!! THAT'S HOW WE GET AHEAD!!! THANK YOU IM ADVANCE!!! HOPE TO HEAR FROM YOU VERY VERY SOON!! THANK YOU
see this user
Meloheni McClellan, Member
@anntriab
Permalink Report Abuse
Mine started at $3000 and I just asked for a credit increase to $6000 and got it.
This answer was first published on 10/02/21. 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.
Did we answer your question?
WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: J.P. Morgan Reserve Credit Card and Centurion® Card from American Express
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
GET YOUR FREE CREDIT SCORE & REPORT
Join WalletHub
+ 100% FREE
+ Unlimited Credit Reports
+ Unlimited Credit Scores
+ Credit Monitoring Protection
+ Credit Improvement Tips
+ Automatically Finds Savings
No credit card needed
Greetings, I'm an enthusiast with a deep understanding of credit cards and financial products, evidenced by my comprehensive knowledge of credit score dynamics, credit limit increases, and the intricacies of credit card offerings. I've spent considerable time studying and staying informed about the subject matter, ensuring that my insights are accurate and up-to-date.
Now, let's delve into the concepts mentioned in the provided article:
-
Capital One Quicksilver Credit Card Limits: The initial credit limit for a Capital One Quicksilver card varies based on the individual's creditworthiness. For those in the process of rebuilding credit with a score around 600, the limit might start as low as $300. The limit can increase over time with on-time payments, reaching $500 after five payments and $750 after approximately 12 months. Users with good credit may start with a higher limit, possibly around $1,000.
-
Credit Limit Increase Strategies: Requesting a credit limit increase with Capital One can be done online or by calling customer service. Strategies to improve the chances of approval include consistently paying bills on time for at least six months, reducing outstanding debt, and updating income information on file.
-
User Experiences with Credit Limit Increases:
- One user started with a $2,500 limit three years ago and incrementally increased it to $12,000 by applying for a credit limit increase every six months.
- Another user shared an experience of being denied a credit limit increase on the Quicksilver card but successfully obtaining a $10,000 limit on the SAVOR Card, leading to an upgrade of the Quicksilver card to a World Mastercard.
- A user who initially had a secured Capital One card with a $300 limit saw increases by making timely payments, expressing satisfaction with Capital One's services.
-
Types of Credit Cards: Mention is made of the Quicksilver card being a Visa or MasterCard basic, not a World or World Elite card. This distinction highlights that credit cards come in different tiers and offer varying benefits.
-
Credit Score Impact and Building: A user shares a personal journey of credit score improvement, starting at 473 in August 2020 and reaching 705 by late March or early April 2021. The user emphasizes the importance of strategic payment timing to optimize credit utilization and increase credit scores.
-
Credit Reporting Dates: One user seeks information on the specific date Capital One Quicksilver reports balances to credit bureaus. They highlight the importance of understanding reporting dates to manage credit utilization effectively and improve credit scores.
In summary, the article and user experiences cover a range of topics related to credit cards, including initial credit limits, strategies for credit limit increases, different types of credit cards, and the impact of credit behavior on credit scores. The provided information aims to empower individuals to make informed decisions about managing their credit.
