Originally Posted by
Andy2
I was using a combination of the 1.25 and 2.0 cards. I put 15K-20K on the 1.25 card per month, and it had a 15K limit. I put 15K on the 2.0 card and it had a 5K limit. I made payments constantly, so the balance was never over 5K on either card at any point in time. These transactions were coded as purchases and I believe they were in fact purchases. I did not have a better Visa or Mastercard to use, and I wanted the travel credits for the many travel expenditures for which miles/points cannot be used for. I loved the Capital One cards and I will miss them, but what can someone do if the Powers say you are gone?
making charges (over the span of a month with many quick payments in between) well in excess of the limit on the card is never a good idea if you aim to stay off the radar. it makes you look much more likely to go in default and like you *need* credit