I just recently got a great low interest rewards card from Capital One. Then I read where you said that they were the worst to have because they only report the balance as the high limit. I’m a member of a credit monitoring group that allows you to look at your score each month. I noticed on my report that they reported my $5000.00 limit and my 1000.00 balance. Have they changed the way they

I read Capital One had changed their reporting policy in the summer of 2007. However, I transferred a balance to one of their low interest offers and my credit score dropped 25 points. I pulled my credit report and they still show my high balance as my credit limit. If they're changing this they are mighty slow about it.

The drop could be because of the new credit line, the new credit inquiry, and the increased revolving credit capacity - not necessarily the fact that it was Capital One.