Originally Posted by
agent0068
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
I agree entirely. I am careful not to do this on my Chase and Amex cards where I have higher credit lines because of the reports of account closures. I had not previously heard of a Cap One account closure, so I was reckless. I posted so others can be more careful with Cap One.