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Old 12-08-2006, 06:39 PM
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Default Re: Credit Cards and Credit Scores

Quote:
Originally Posted by Mr. Furley
What you can try to do is get approved first, and when they tell you you're approved, ask for a credit line increase at the same time. I know a lot of people do that.
Again, depends on the company. Capital One generally will not give a credit limit increase for the first six months to a year. I'd heard of CapOne customers going up the chain of command demanding one but they're rarely given out. CapOne is just stingy that way.

One thing that COULD affect the outcome -- POSSIBLY -- is if you submit a balance transfer request with your application. Since they'd automatically be taking on business, with a high percentage chance that it won't be paid off before the intro rate expires, they MAY try to accommodate as much of the BT as possible. But again, that probably depends on the company.

In my opinion, it's a total crapshoot. There's really just no way to know for sure until you apply.

~ Jenney
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