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Valued Contributor
RockinRay
Posts: 1,933
Registered: ‎08-13-2007

Cap 1 - Product Change

I was able to product change from the Venture (fee) to the Cash Rewards card today with the 1% plus 50% year end bonus.

 

It was no problem to make this switch and I like the cash rewards as we do not travel that much. The 50% year end bonus will enable this card to fit quite well in to my portfolio. It will replace my USAA WMC as my everyday spending card.

 

For travel cards, I still have my Chase Southwest Visa as well as my Delta Amex Gold. I do not mind paying the annual fees on these two cards.

 

YMMV - but this PC was super easy for me.

Ray

** Every Card has a Job, and Every Card does its Job **

Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

Re: Cap 1 - Product Change


RockinRay wrote:

I was able to product change from the Venture (fee) to the Cash Rewards card today with the 1% plus 50% year end bonus.

 

It was no problem to make this switch and I like the cash rewards as we do not travel that much. The 50% year end bonus will enable this card to fit quite well in to my portfolio. It will replace my USAA WMC as my everyday spending card.

 

For travel cards, I still have my Chase Southwest Visa as well as my Delta Amex Gold. I do not mind paying the annual fees on these two cards.

 

YMMV - but this PC was super easy for me.


Nice, well done! It should be pretty easy with their prime cards, but very difficult, if not impossible, with the builder cards.

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)
Super Contributor
CS800
Posts: 6,542
Registered: ‎04-07-2008

Re: Cap 1 - Product Change

Nice !!

 

How long did you have the previous card?

 

I have a rebuilder card with them that doesnt want to grow past $1100 CL. Would like the green cashback card too. But not willing to take a hit on all 3






Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Cap 1 - Product Change


CS800 wrote:

Nice !!

 

How long did you have the previous card?

 

I have a rebuilder card with them that doesnt want to grow past $1100 CL. Would like the green cashback card too. But not willing to take a hit on all 3


It's definitely possible to PC your rebuilder card if it is a platinum or something other than like a secured. They PCd my Cap1 Platinum MC to the cash rewards with no issue after having it for 2 weeks, unless they only do it with people with higher limits. Cap1 is a little bit crazy. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Senior Contributor
bichonmom
Posts: 3,300
Registered: ‎05-05-2011

Re: Cap 1 - Product Change


jsucool76 wrote:

CS800 wrote:

Nice !!

 

How long did you have the previous card?

 

I have a rebuilder card with them that doesnt want to grow past $1100 CL. Would like the green cashback card too. But not willing to take a hit on all 3


It's definitely possible to PC your rebuilder card if it is a platinum or something other than like a secured. They PCd my Cap1 Platinum MC to the cash rewards with no issue after having it for 2 weeks, unless they only do it with people with higher limits. Cap1 is a little bit crazy. 






 

I don't agree. I spoke w/Cap One about PCing my $500 "platinum" MC and they informed me that it isn't eligible for PC. I would need to apply for a different card w/3 HP. There is a definite difference between Cap One's prime and sub-prime, and the word, "platinum" really means nothing in relation to that or ability to PC.

 

You probably had a prime CC, which was eligible for PC.

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Senior Contributor
bichonmom
Posts: 3,300
Registered: ‎05-05-2011

Re: Cap 1 - Product Change

Congrats, Ray! That card looks nice. I just don't want to take 3 hits for it. :smileyhappy:

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Cap 1 - Product Change


bichonmom wrote:

jsucool76 wrote:

CS800 wrote:

Nice !!

 

How long did you have the previous card?

 

I have a rebuilder card with them that doesnt want to grow past $1100 CL. Would like the green cashback card too. But not willing to take a hit on all 3


It's definitely possible to PC your rebuilder card if it is a platinum or something other than like a secured. They PCd my Cap1 Platinum MC to the cash rewards with no issue after having it for 2 weeks, unless they only do it with people with higher limits. Cap1 is a little bit crazy. 






 

I don't agree. I spoke w/Cap One about PCing my $500 "platinum" MC and they informed me that it isn't eligible for PC. I would need to apply for a different card w/3 HP. There is a definite difference between Cap One's prime and sub-prime, and the word, "platinum" really means nothing in relation to that or ability to PC.

 

You probably had a prime CC, which was eligible for PC.

 

 


Nope, was just a regular platinum card I applied for. I even asked them (since my CL was unbelievably high compared to other cap1's I have seen, especially since I had NO credit history at all at time of app) if I had the platinum or the platinum prestige (their prime plat) and they told me it was the regular "average" platinum card. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Valued Contributor
RockinRay
Posts: 1,933
Registered: ‎08-13-2007

Re: Cap 1 - Product Change

I had the card for about 6 weeks. The chat rep was very nice about the change and it took all of 10 min to get it done.

Ray

** Every Card has a Job, and Every Card does its Job **

Regular Contributor
DeadSpider
Posts: 244
Registered: ‎07-29-2012

Re: Cap 1 - Product Change

How would somebody know if they got Cap1 builder or prime ?

Two months after my BK back in 2004 I was send pre approved letter from Cap1 and got approved for $200 unsecured which is now at $6500 and no AF.

Thinking of maybe PC to someting else.

Cap1 QS $11500, Freedom $5000K, Slate $8000 Amex Sky $2000K, Discover IT $4400, BCE $8800, NFL $1500, Lowes $7000

Starting Score: 0
Current Score: 742
Goal Score: 800


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Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Cap 1 - Product Change

Cap1s "average" cards (from what I've read) cap at a $3000 initial limit, and at $3500 (after the credit steps CLI), but it might still be a "builder" card since that was all through CLIs, however, you're pretty much in prime-land with cap1. They tend to look more favorably upon people with higher CLs from what I've read. How did you get so many CLIs if you don't mind me asking. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL

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