Reply
Frequent Contributor
Posts: 463
Registered: ‎06-13-2012
0

BBRZMC

Looks like I'll be closing this card at the end of the month.  I called the HSBC backdoor numbe for a CLI, I transfered to another dept asked for CLI, gave my information was told it will be looked at.  Checked email today an alert from USAA CMS, Cap1 HP on EQ.  I don't have a cap1 card, called the number then remembered I do have one, BBRZMC ughhhhhhh, HP and CLI declined, will get letter in mail.  Lowest limit 500 and cap1 to boot, I think CLI's are done for with that one.  If I need anything from BB I'll just put it on my Freedom or my Discover for some real rewards.

01/06/2015 Walmart TU 726
01/06/2015MyFico EQ 705
01/10/2014 USAA FAKO EX 728, EQ 728, TU 728
Discover It $1700, USAA Cash Rewards AMEX $11K, USAA Rewards Platinum MC $12K, CareCredit $13.2K, Chase Freedom $5000, Walmart $4500, Lowes $9800, QVC $1200, HSN $2350, Macys Red Star Store $2900, Paypal smart connect $4022, VS Angelcard $1200, Amazon Store $2500, BCE $4K, Sam's Club Discover $8500, Home Depot $7200, FNBO AMEX $7800
Moderator
Posts: 13,686
Registered: ‎04-15-2011
0

Re: BBRZMC

No growth with Cap1.  RIP



Starting Score: 504




July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Contributor
Posts: 255
Registered: ‎08-24-2011
0

Re: BBRZMC

[ Edited ]

Never saw the advantage of store cards myself, especially if you have ggod cards with solid rewards. My USAA visa doesnt have great rewrds but the USAA shopping mall offers x2-x7 points when you use the mall to shop so it makes up for it.

*USAA WORLD MC 12k* *USAA VISA 12k* *AMEX BCE 6k* *DISCOVER IT 11.5k* *AMEX ZYNC* *B of A SIGNATURE CASH 15k* *NAVY FEDERAL PLATINUM 20k* *CITI DOUBLE CASH 15k* *Veridian CU 14k* *Barclays Apple 12.5k*

Valued Contributor
Posts: 2,153
Registered: ‎09-16-2011
0

Re: BBRZMC

+1 

 

I kicked them to the curb earlier this year, the AF is killer. I knew that CLI's would be out of the question. It was nice to shop in the store for stuff, but honestly I was allready buying 90% of my electronics from either Amazon, NewEgg or Tiger Direct better prices. From time to time Chase offeres  5pts per dollar on purchases at NewEgg. Thats even better than the bbrzmc.  

Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 12k Sally Mae5k Sams Club MC 10k, Paypal Extras MC 6k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5k, Walmart 10k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 8.5k and a nice stack of store cards.
Last APP/HP 4/22/2015
Established Contributor
Posts: 930
Registered: ‎06-12-2012
0

Re: BBRZMC


Shogun wrote:

No growth with Cap1.  RIP


Capital One truly needs to find a way to build a bridge between their rebuilder cards and their prime cards. They have been able to do what many credit card companies have been unable to do which is why I have been long their stock since it was $40 a couple years ago.

 

The majority of CC companies are Prime only (Chase, AMEX, Citi) or Subprime only (First Premier, CreditOne). Capital One is both. They have the ability to generate revenue on fee based subprime cards AND interest/swipe-fee based prime cards. However they have a high turnover rate with their subprime cards as compared to their prime cards. I would venture (no pun) a guess that it is because they lack the CL-growth and demands of their semi-prime customers (620-680) and thus lose them as customers.

 

The scary thing is that former cardmembers are unlikely to go back to Capital One after closing their rebuilder card once they reach levels that would qualify them for their Venture or their other prime cards.

JP Morgan Select $10k | Citi TY Premier $15k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | Chase Auto 1.49% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: BBRZMC

Cap1 does give CLI's on the store card, im not sure about the RZMC.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Member
Posts: 35
Registered: ‎03-01-2010
0

Re: BBRZMC

Earlier this week (Mon or Tue), I hit the luv button and was instantly approved for a $300 CLI. It wasn't a hard pull. It's still a toy limit (went from $400 to $700), but they DO give CLI's. This card started at $100 two years ago. Mine is the one without an AF.

2007 - All Scores low 500's
06 DEC 2010 - EQ 696: TU (FAKO) 720: EX (FAKO) 730 (650 pulled by GMAC)
3/10 BBRZMC $100, 9/12 $700; 9/10 USAA Plat. MC $3000; 12/10 Barclaycard (iTunes) Visa $2500 now $4200; 12/10 Citi Forward Visa $5000, 6/11 $6200; 12/10 AMEX Zync; 4/11 BofA CR Sig Visa $5000; 9/12 AMEX Hilton HHonors Surpass $1000; 9/12 Discover IT $1000
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: BBRZMC


Mace wrote:

Earlier this week (Mon or Tue), I hit the luv button and was instantly approved for a $300 CLI. It wasn't a hard pull. It's still a toy limit (went from $400 to $700), but they DO give CLI's. This card started at $100 two years ago. Mine is the one without an AF.


:smileyvery-happy:

 

I thought GECRB was bad with the $150 CL's..................

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
Posts: 463
Registered: ‎06-13-2012
0

Re: BBRZMC

I had gotten a CLI from 300 to 500 when it was still with HSBC.  I don't know if that has anything to do with it, but it's coming up for AF in Oct, so if I don't get any love it's getting closed a becoming a part of my rebuilding history.

01/06/2015 Walmart TU 726
01/06/2015MyFico EQ 705
01/10/2014 USAA FAKO EX 728, EQ 728, TU 728
Discover It $1700, USAA Cash Rewards AMEX $11K, USAA Rewards Platinum MC $12K, CareCredit $13.2K, Chase Freedom $5000, Walmart $4500, Lowes $9800, QVC $1200, HSN $2350, Macys Red Star Store $2900, Paypal smart connect $4022, VS Angelcard $1200, Amazon Store $2500, BCE $4K, Sam's Club Discover $8500, Home Depot $7200, FNBO AMEX $7800
Valued Member
Posts: 35
Registered: ‎03-01-2010
0

Re: BBRZMC

Two of the CLI's were while it was still HSBC. The most recent was, obviously, Cap 1. The initial $100 CL on this card was a joke but it was my first card in about eight or nine years so I was happy to get it. If not for that card and it's joke of a CL, I wouldn't have the cards I have now, wouldn't have been able to get my car loan, and wouldn't have been able to buy a house earlier this year.

2007 - All Scores low 500's
06 DEC 2010 - EQ 696: TU (FAKO) 720: EX (FAKO) 730 (650 pulled by GMAC)
3/10 BBRZMC $100, 9/12 $700; 9/10 USAA Plat. MC $3000; 12/10 Barclaycard (iTunes) Visa $2500 now $4200; 12/10 Citi Forward Visa $5000, 6/11 $6200; 12/10 AMEX Zync; 4/11 BofA CR Sig Visa $5000; 9/12 AMEX Hilton HHonors Surpass $1000; 9/12 Discover IT $1000
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.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.