Believe it or not, it might not even be your fault. Maybe you’re a diligent payer when it comes to your credit card bills, you’re 100% sure that you’re not over your maximum credit limit, and you’re not using your card on any suspicious or new platform –so why is your card still restricted. Capital One is experiencing a system error Capital One might see these as red flags and may restrict your account to prevent unauthorized purchases.ĥ. Some examples include multiple or consecutive purchases on a single establishment, unusually large purchases, and multiple changes to your Capital One account. What if you’re not using your credit card on a new payment platform or store, yet your credit card is still restricted? What could have been the reason? Another possible reason that Capital One restricted your account because it detected suspicious activity on your account. Capital One suspects fraudulent activity on your account This could also happen if you are using your card on an online payment platform that you have not used before. If you have never used your card in that establishment before, Capital One may restrict your account to protect your card. New shopping activity could cause the system to recognize the transaction as a suspicious or fraudulent activity.įor example, you are in a different country and you’re trying to use your Capital One credit card for purchases. You’re using your card in stores or places where you’ve never used it beforeĪnother reason why your Capital One account may be restricted is if you are using the credit card to purchase from a store or platform that you’ve never purchased from before. This means it was closed, turned over to the collections department, and you may need to pay the entire amount and close it off.ģ. If you have missed paying for several months, your credit card may also be charged off. Whatever that reason is, Capital One could restrict your account because of unpaid bills. It’s also possible that difficult financial times made you unable to pay the minimum payment. Maybe you missed paying your bill because it slipped your mind or you forgot that the bill was due. Have you paid your last credit card bill? How long ago did you last pay your credit card? If you have been delinquent with your credit card payments, this is another reason why your account may be restricted. You have late payments on your Capital One account You can scroll down towards the end of the article where we will place links on how to contact Capital One so you can restore your account. You can check your credit card activity if you have access to online banking or call customer service. If your Capital One credit card is currently restricted, one reason could be that you’ve spent over the limit. However, when you exceed your limit multiple times, this could be a reason for your account to be restricted. Many banks, however, will let you spend a certain amount over the limit and only charge you a fee whenever this happens. This means that you can only spend up to the amount allowed by the bank. When you open a credit card with any bank, you will be given a maximum credit limit. You’ve gone over the maximum credit limit of your Capital One account We will also discuss some tips that you should follow so that your account does not become restricted again in the future.ġ. This article will explain the possible reasons why your Capital One account is restricted and how to get it unrestricted as soon as possible. A lot of people end up having their accounts restricted due to a variety of reasons. If you want to know more about why your credit card account is restricted, read on. Did you do something wrong? Or is it the fault of the bank? Is lifting your restricted Capital One account possible? You’re probably reading this because you can’t find any answers on why your Capital One account is currently restricted. Are you trying to use your Capital One credit card only to find out that it is restricted? This can be a frustrating experience especially if you’re trying to make an important purchase or paying a bill that’s already due.
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