Credit Card Center Advertiser Disclosure†
01-11-2013 10:44 AM
$25 for a pretty Amex isn't bad haha... at least, aesthetically... haha. I love math, but I hate it because the numbers don't lie!!!! ... I almost wish I had gotten the BCP instead of the BCE because I def buy enough groceries, even if just for myself, to gain benefit from that :-) I can't even imagine turning my OB into a more prime account... hmmm... I should work on getting that one higher next... it's incredible to think that getting one of my oldest tradelines to become usable again is POSSIBLE! haha
I know, right? How cool would it be to have your old low limit subprime card start reporting as a high limit prime card?
The way I figure is if I close it, for the next ten years anyone who looks at my report can see that I once had bad enough credit to need that card. If I PC it, that account will look as if I had prime credit going back past 2008.
The truth is, in 2008 I was lucky to qualify for my 300 dollar OB card, with an AF almost 25% of the limit.
That's kind of where I'm at with my Cap1 upgrade to Venture. The account just upated on my reports and is now showing as a "Flexible Spending Credit Card" -- which for a Visa translates to a Signature card. The CRAs show the opening date -- correctly -- as 12/1999. It makes it look like I have an old, seasoned prime card as part of my history.
01-11-2013 11:00 AM
tinuviel wrote: That's kind of where I'm at with my Cap1 upgrade to Venture. The account just upated on my reports and is now showing as a "Flexible Spending Credit Card" -- which for a Visa translates to a Signature card. The CRAs show the opening date -- correctly -- as 12/1999. It makes it look like I have an old, seasoned prime card as part of my history.
01-11-2013 11:46 AM
01-12-2013 10:11 AM
01-12-2013 10:13 AM
01-12-2013 10:14 AM
Thanks!! I sort of feel like if I'd have asked for $10,000, id get $7500 lol reminds me of GECRB where they like to counter, so aim for the stars! Haha although GE usually doesn't argue or hassle me about a cli! Grrr
it seems like emailing the Exec Office is the way to go!!! It's crazy how protocol works at the corporate level... Oh no... A call won't suffice.. We need to send an email! Hahha ehh
good luck everyone!
Can you please PM me the email you used? PLEASE
01-12-2013 10:25 AM
Is Capital One Prime or Subprime?? It seems like there is not a gray area with C1. It's either subprime or prime in many scenarios....it seems..... My C1 is my OLDEST tradeline, from April 2006!!!!:-0
I think that the simplest way of looking at it is that Capital One issues different tiers of cards; some of their products are aimed at subprime customers, and some at prime customers. This is as opposed to some banks, such as First Premer, that target subprime customers only. So, it's not a matter of whether or not Capital One as a business entity is prime or subprime, but rather it's the credit profile of the borrower and what cards are available to that individual.
01-12-2013 04:22 PM
01-12-2013 05:54 PM
Is there a min CL req for a Visa Siggy upgrade? I, unfortunately, still have no Visa Siggy, but I am very well aware of the perks. I'm hoping to turn my Freedom into one very soon :-)
I've read/heard that it's 5k... but mine did not upgrade. I asked my exec rep about it and she said that they were not able to do that. She told me that cards above a certain limit undergo an automatic periodic review. She did not tell me the limit, or how soon, but confirmed that mine would upgrade at the next review.
If you have any luck with Chase, let me know. I'd love to make my Freedom a siggy.
As far as prime vs subprime, I agree with the Mod. A Cash, or World MC, or Visa Sig from Cap1 is just as prime as one from another issuer. And the secured card, or rebuilder card would definitely fall under subprime in my book. Although the rebuilder card reports as a platinum, so I doubt it reflects negatively in a manual review.
For those asking for the Cap1 exec email, just click the green card in my signature. It will take you to the step by step.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.