@CraveMazda wrote:Update: Here is thte message I received:
This account has not had at least 3 monthly payments made over the last year
So like someone said earlier - Capital One likes to see usage. I can understand that but with a limit of $750, it is a pain to have to keep paying for stuff I've used throughout the month when I can use one of my other cards that has a decent credit limit. Cap One will not be in my sock drawer - it is getting AXED
...
To note though, they were the ones who gave me an unsecured card (the same card I have) when I was rebuilding, so too bad. They helped me, but I am not willing to keep it out of sentiment. Almost 7 years without a CLI, no thank you - NOT going to keep paying your AF.
With all the CL's you have now...doesn't make sense to keep the Cap One. The NFCU is a nice limit...does it come with any rewards?
@CraveMazda wrote:Update: Here is thte message I received:
This account has not had at least 3 monthly payments made over the last year
So like someone said earlier - Capital One likes to see usage. I can understand that but with a limit of $750, it is a pain to have to keep paying for stuff I've used throughout the month when I can use one of my other cards that has a decent credit limit. Cap One will not be in my sock drawer - it is getting AXED
To note though, they were the ones who gave me an unsecured card (the same card I have) when I was rebuilding, so too bad. They helped me, but I am not willing to keep it out of sentiment. Almost 7 years without a CLI, no thank you - NOT going to keep paying your AF.
I disagree. I think you're being too hasty in your decision. That message is system genereated and like many others have said the front line customer service representatives are useless. Take the time and call the EO and I believe that based on your history they will be able to assit you. I wouldn't want to lose 7 years of history and neither should you.
@Lechte wrote:
@CraveMazda wrote:Update: Here is thte message I received:
This account has not had at least 3 monthly payments made over the last year
So like someone said earlier - Capital One likes to see usage. I can understand that but with a limit of $750, it is a pain to have to keep paying for stuff I've used throughout the month when I can use one of my other cards that has a decent credit limit. Cap One will not be in my sock drawer - it is getting AXED
To note though, they were the ones who gave me an unsecured card (the same card I have) when I was rebuilding, so too bad. They helped me, but I am not willing to keep it out of sentiment. Almost 7 years without a CLI, no thank you - NOT going to keep paying your AF.
With all the CL's you have now...doesn't make sense to keep the Cap One. The NFCU is a nice limit...does it come with any rewards?
Yes. It has points. I've used the points to purchase Christmas gift cards for the last two years.
@jre wrote:
@CraveMazda wrote:Update: Here is thte message I received:
This account has not had at least 3 monthly payments made over the last year
So like someone said earlier - Capital One likes to see usage. I can understand that but with a limit of $750, it is a pain to have to keep paying for stuff I've used throughout the month when I can use one of my other cards that has a decent credit limit. Cap One will not be in my sock drawer - it is getting AXED
To note though, they were the ones who gave me an unsecured card (the same card I have) when I was rebuilding, so too bad. They helped me, but I am not willing to keep it out of sentiment. Almost 7 years without a CLI, no thank you - NOT going to keep paying your AF.
I disagree. I think you're being too hasty in your decision. That message is system genereated and like many others have said the front line customer service representatives are useless. Take the time and call the EO and I believe that based on your history they will be able to assit you. I wouldn't want to lose 7 years of history and neither should you.
True but due to backdating with my AmEx that is 15 years or so. I won't lose the 7 years immediately anyway, it won't happen until the card falls off my tradeline in another 7 - 10 years.
It's kind've troubling that people are so quick to bite the hand that feeds them so to speak when Cap1 is often times the only lender who will give them their first cards or give them secured/unsecured cards when no one else will. If you reward them with usage then they will reward you with CL...
GL OP (This post wasn't about you, just in general.)
GL OP (This post wasn't about you, just in general.)
@baller4life wrote:
@KennyS2006 wrote:
It's kind've troubling that people are so quick to bite the hand that feeds them so to speak when Cap1 is often times the only lender who will give them their first cards or give them secured/unsecured cards when no one else will. If you reward them with usage then they will reward you with CL...
GL OP (This post wasn't about you, just in general.)They are GREAT rebuilder cards hands down. However, they are not so great when it comes to rewarding customers with adequate clis. SOME do in fact get lucky through the Executive Office. MOST are not! Why should loyal customers that have been cardholders for YEARS have to beg their EO for mediocre increases? They are merely a stepping stone to better cards in IMO.
You don't have to beg them. YEMV, I guess. We all have different paths to get to our ultimate, great pie in the sky credit glory BUT it is good to have a good length of AAoA and keeping your starter card seems like a no-brainer to me. 
I do understand the frustration, but sometimes it's worth it...