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Cap One Secured CC PC

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Genkeim
Frequent Contributor

Cap One Secured CC PC

Is it possible to get a Cap One Secure card PCd to a Quicksilver? I'm coming up on a year with the account open, zero lates, and I'd like to get my deposit back.

NFCU NavCheck $15k | NFCU cashRewards $12.5k | NFCU goRewards $12.5k |AMEX SPG $10k | Citi AA WEMC $6.5k | CSP $5k | Wal-Mart MC $4.5k | US Air WMC $3.9k | Amex Everyday $2k | Amex BCE $2k | Chase Freedom $1k | Discover IT $800
Current Scores:Equifax 697 (myFICO 4/14), TransUnion 699 (Discover 5/14), Experian 754 (Amex 5/14)
Message 1 of 7
6 REPLIES 6
fixitquick
Contributor

Re: Cap One Secured CC PC

I was in the same situation recently, except I had the card for almost 3 years.  All of the searching that I did pointed to contacting the Executive Office, but don't count on it.

 

Ultimately, I just opted to close my $2200 secured card ($2051 deposit) and apped for a Quicksilver - approved with a $2k limit.


Starting Score (08/22/11): TU: 510 / EQ: 512
Current Score 07/11/14 TU: 658 / 07/11/14 EQ: 669 / 07/14/14 EX: 664
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Message 2 of 7
Stralem
Established Contributor

Re: Cap One Secured CC PC

They won't PC a secured card. Trust me, I've tried.

 

You'll have to close the account and app for a new one.

 

Hope you like being triple-pulled...  Smiley Mad

I Have Way Too Many of These.

American Express - No CLI or Appreciation Gift in 7 Years

Citibank - Handing Out Credit Limits Like Candy

Chase - Surprisingly, Still Tolerating My Credit-Chasing Ways

Bank of America - My Newest Bae.

Everyone Else.
Message 3 of 7
Genkeim
Frequent Contributor

Re: Cap One Secured CC PC

That's what I was afraid of. It's just a $500 CL ($400 deposit) and has a zero balance on it. Prob just close it off, overall util is <10% so losing $500 isn't going to hurt....

 

Thanks for the info!

NFCU NavCheck $15k | NFCU cashRewards $12.5k | NFCU goRewards $12.5k |AMEX SPG $10k | Citi AA WEMC $6.5k | CSP $5k | Wal-Mart MC $4.5k | US Air WMC $3.9k | Amex Everyday $2k | Amex BCE $2k | Chase Freedom $1k | Discover IT $800
Current Scores:Equifax 697 (myFICO 4/14), TransUnion 699 (Discover 5/14), Experian 754 (Amex 5/14)
Message 4 of 7
notfancy
Valued Contributor

Re: Cap One Secured CC PC


@Stralem wrote:

They won't PC a secured card. Trust me, I've tried.

 

You'll have to close the account and app for a new one.

 

Hope you like being triple-pulled...  Smiley Mad


+1 They won't PC, lower interest, graduate the card, etc etc lol I tried through the EO route and they said none of those things are possible.

625 EQ FICO Current Score: 660 DCU EQ FICO/ 645 Scorewatch EQ FICO , EX FICO 664, TU FICO 737 (08/2014)
Goal Score: 700   Seedling again as of 07/29/14
Message 5 of 7
dtjones052209
Regular Contributor

Re: Cap One Secured CC PC


@notfancy wrote:

@Stralem wrote:

They won't PC a secured card. Trust me, I've tried.

 

You'll have to close the account and app for a new one.

 

Hope you like being triple-pulled...  Smiley Mad


+1 They won't PC, lower interest, graduate the card, etc etc lol I tried through the EO route and they said none of those things are possible.



Just answered my question. I have two secured cards that i will be closing very soon.



Message 6 of 7
efranklin23
Valued Contributor

Re: Cap One Secured CC PC


@Genkeim wrote:

Is it possible to get a Cap One Secure card PCd to a Quicksilver? I'm coming up on a year with the account open, zero lates, and I'd like to get my deposit back.


I dont believe Cap1 convert secured cards to unsecured. So that won't be possible.

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Message 7 of 7
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