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thefisher5
Posts: 4
Registered: ‎04-17-2013
0

Advice for my next attempt at Capital One?

My husband has had a Capital One card since 9/2011.  Credit limit is $300, 100% on time payment history and current balance $47.20. I requested a CLI through online chat and was denied.  What is the next step we should take?  I like the rewards on the card (we more than cover the $39 annual fee with them each year) and he has a First Premier card that I want to cancel ($10.50/mo service fee). I don't want to cancel the First Premier card until I make up the $700 limit on another card. My hope was to get a CLI at Capital One (from $300 to $1000) so I can close the First Premier card.  His myfico score was 741 as of this morning. Any suggestions?

 

Thanks!

Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011
0

Re: Advice for my next attempt at Capital One?

The only way you are going to get a CLI on that card is through the executive office.  

 

My suggestion:

Close both of them and get a Discover IT, Sallie Mae, and Chase Freedom.  Both have vastly better rewards and the limits will be much better.  With a 741 FICO there is no reason to be in subprime Hell.

Regular Contributor
IECredit
Posts: 217
Registered: ‎07-15-2012
0

Re: Advice for my next attempt at Capital One?

Send a Email to a Cap 1 Executive

Current Score:TU 717(Walmart 1/9/14) / EQ 766(DCU Monthly 1/28/14) EX Fico 723(MyFico 9/15/13)
Goal Score: All above 800
Wallet: PenFed Visa Sig $9,000 | DCU Plat. $10,000 | Logix 10,000 | Chase Freedom $1,000 | Discover $3,600 | WalMart $7,500 | Paypal MC $6,000 | Cap 1 QuickSliver $6,000 | Barclay NFL $3,400 | Best Buy $1,000 | Cap 1 Venture $6,000 | 11 Accounts $63,500 Revolving

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