Cap1 Account Combo!

[pi-r-squared]

Although not an approval on new credit, I was finally able to combine my oldest card (Cap 1 Plat $7K) into my Venture (total credit now $28K). Feels good to rid myself of the $19 annual fee and 25.24% APR.

Maybe that will allow me to qualify for another Cap 1 card down the road as I'm down to Venture and QS.

[Anonymous]

A high limit card,no more fee,and one less card. Has to look great on that credit report down the road. Great job.

[Anonymous]

nice

[RonM21]

Nice move to make! Congrats

[Loquat]

Very nice!

[Anonymous]

I combined cards 3 weeks ago and it appears that Cap1 isn't reporting the correct limit. My limit changed on my reports so I know they changed something but it isnt correct, anyone else having a similar issue.

[FroggieMom]

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@pi-r-squared wrote:
Although not an approval on new credit, I was finally able to combine my oldest card (Cap 1 Plat $7K) into my Venture (total credit now $28K). Feels good to rid myself of the $19 annual fee and 25.24% APR.

Maybe that will allow me to qualify for another Cap 1 card down the road as I'm down to Venture and QS.

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How "old" was that card?  I'm afraid your AAoA will take a dive by closing your oldest card and possibly your score will dip...if it's a significantly aged acct.

[Anonymous]

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@FroggieMom wrote:

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@pi-r-squared wrote:
Although not an approval on new credit, I was finally able to combine my oldest card (Cap 1 Plat $7K) into my Venture (total credit now $28K). Feels good to rid myself of the $19 annual fee and 25.24% APR.

Maybe that will allow me to qualify for another Cap 1 card down the road as I'm down to Venture and QS.

---

How "old" was that card?  I'm afraid your AAoA will take a dive by closing your oldest card and possibly your score will dip...if it's a significantly aged acct.

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Closing a card will not effect you AAOA as it will continue to report for ten years you will lose the credit limit in you utilization calculation but not AAOA.

[padme]

congrats, hope u can get a huge CLI soon maybe

[pi-r-squared]

The old cap 1 card was opened Dec '14.