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Hi everyone. I have a CapOne Q.
I have the capone secured a little over a year now with a 400.00 cl. I SD this card because iti has such a low limit. I want to raise the cl (I have no faith CapOne doing an auto cl on it's own and knowing how stingy they are) should i raise i on my own by making a deposit?
I got them waive the fee for this year and i found out that it doesn't report as "secured" card, but rather as a credit card.
Also do they hp for making a deposit and whats the maximum amount for a deposit? Or should i close it completely?
Thanks in advance.
I have the capone secured a little over a year now with a 400.00 cl. I SD this card because iti has such a low limit. I want to raise the cl (I have no faith CapOne doing an auto cl on it's own and knowing how stingy they are) should i raise i on my own by making a deposit?
I got them waive the fee for this year and i found out that it doesn't report as "secured" card, but rather as a credit card.
Also do they hp for making a deposit and whats the maximum amount for a deposit? Or should i close it completely?
Thanks in advance.
No HP for making a deposit.
Your secured card can have a limit up to $3,000.if the fee is waived i would keep it unless you need the deposit back. The cap1 secured, like you said, doesnt report as secured so if you've got the cash to throw in there it can help you get a higher starting limit on an unsecured card from another bank when you app.
Your secured card can have a limit up to $3,000.if the fee is waived i would keep it unless you need the deposit back. The cap1 secured, like you said, doesnt report as secured so if you've got the cash to throw in there it can help you get a higher starting limit on an unsecured card from another bank when you app.
How's your CR looking now? Are you close to apping for unsecured?
Starting Score: 504
Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
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ObeyJohnny12 wrote:
I actually have prime cards, with chase, citi, bofa, WF an even an Amex. The thing was the Capone has the lowest Cl compare to the rest so i just wanted to see if it was a good idea to bump up it's limit on my own since i don't expect Capone to do it or i i should just close it completely.
If I were you , I would not worry about a limit on Cap1 for a second , and close it in a heartbeat , forget about putting your cash in it.
Starting Score: FICO EQ-660 TU-658 07/2012
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