Capital One Reducing Credit Limits

We’ve seen many card issuers reduce credit limits due to the financial uncertainty of COVID-19 (including Chase). It seems that Capital One has done a massive round of reductions. Most cardholders are seeing their credit limits to either $5,000 or $1,500/$2,000 depending on the card and other factors. If you’re credit limit was reduced feel free to share your experiences in the comments below.

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