How do I increase my credit limit?
I have two credit cards: one from Citibank and one from Capital One. They both started with credit limits of $999. Every time I have requested a credit-line increase for the Citi card it has been instantly granted, up to my current limit of $12,000. On the other hand, every request to increase the limit of my Capital One card above $999, has been denied. This has been over a period of five years, when my annual income has increased considerably. I have perfect credit, always pay my bills on time, and request an increase about once per year.
Why won’t Capital One give me a credit-line increase?
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