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Registered: ‎07-18-2012
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Cap1 declined- But Discover It Approved!

I've had a cap1 secure card-$300 for almost 2yrs- no other major credit card ( I do have a target card). Never been late -Never missed a payment. I applied for a rewards card last week and Cap1 denied me for not having enough credit. I just applied for a Discover It card this morning - they called me back by 3pm and approved me for $5000. Capital 1 not sure how you rate your customers - but you just lost a good one!

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Re: Cap1 declined- But Discover It Approved!

Congrats on your approval! Nice limit!


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa Plat Cash Visa, Barclay's Visa, Citi (5), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, Diner's Club MC; Macy's AMEX; A few store cards.

Current Scores (5/2015): EQ My Fico: 775; TU MyFico: 788; EX (My Fico): 764
Regular Contributor
Posts: 440
Registered: ‎02-08-2012
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Re: Cap1 declined- But Discover It Approved!

 

CONGRRATS!!!!

 

You Rock Baby

Goal: 700 and an Amex Card!

Chicks Dig Guys With Good Credit :smileyhappy:
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Registered: ‎04-09-2011
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Re: Cap1 declined- But Discover It Approved!


happymommy011 wrote:

I've had a cap1 secure card-$300 for almost 2yrs- no other major credit card ( I do have a target card). Never been late -Never missed a payment. I applied for a rewards card last week and Cap1 denied me for not having enough credit. I just applied for a Discover It card this morning - they called me back by 3pm and approved me for $5000. Capital 1 not sure how you rate your customers - but you just lost a good one!


Welcome to the forums!!!

 

CONGRATS!!! Very nice CL!!

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Contributor
Posts: 150
Registered: ‎08-24-2012
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Re: Cap1 declined- But Discover It Approved!

Thats awesome! 

Discover is way better than cap1 anyway

My ultimate credit wish,
a JP Morgan Palladium card
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: Cap1 declined- But Discover It Approved!


firesoul453 wrote:

Thats awesome! 

Discover is way better than cap1 anyway


Not sure im feeling the Discover luv lately :smileymad:

 

But their card is better than my current Cap1.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
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Re: Cap1 declined- But Discover It Approved!


happymommy011 wrote:

I've had a cap1 secure card-$300 for almost 2yrs- no other major credit card ( I do have a target card). Never been late -Never missed a payment. I applied for a rewards card last week and Cap1 denied me for not having enough credit. I just applied for a Discover It card this morning - they called me back by 3pm and approved me for $5000. Capital 1 not sure how you rate your customers - but you just lost a good one!


Did you use Cap1 prequalify and pick from the list?    

Regular Contributor
Posts: 440
Registered: ‎02-08-2012
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Re: Cap1 declined- But Discover It Approved!


LS2982 wrote:

firesoul453 wrote:

Thats awesome! 

Discover is way better than cap1 anyway


Not sure im feeling the Discover luv lately :smileymad:

 

But their card is better than my current Cap1.

 


Discover does seem to be tightening up a little bit lately with CLI's and approvals.. At least from what i see on the boards

Goal: 700 and an Amex Card!

Chicks Dig Guys With Good Credit :smileyhappy:
Contributor
Posts: 150
Registered: ‎08-24-2012
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Re: Cap1 declined- But Discover It Approved!


Tommy5746 wrote:

LS2982 wrote:

firesoul453 wrote:

Thats awesome! 

Discover is way better than cap1 anyway


Not sure im feeling the Discover luv lately :smileymad:

 

But their card is better than my current Cap1.

 


Discover does seem to be tightening up a little bit lately with CLI's and approvals.. At least from what i see on the boards


Even so, I doubt its as bad as capitla one.

Throw in way more benefits, %5 cash back, shopdiscover, and random bonus days (like oct 6th 2% cash back) and its a win!

My ultimate credit wish,
a JP Morgan Palladium card
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Cap1 declined- But Discover It Approved!


firesoul453 wrote:

Tommy5746 wrote:

LS2982 wrote:

firesoul453 wrote:

Thats awesome! 

Discover is way better than cap1 anyway


Not sure im feeling the Discover luv lately :smileymad:

 

But their card is better than my current Cap1.

 


Discover does seem to be tightening up a little bit lately with CLI's and approvals.. At least from what i see on the boards


Even so, I doubt its as bad as capitla one.

Throw in way more benefits, %5 cash back, shopdiscover, and random bonus days (like oct 6th 2% cash back) and its a win!


Lately Cap1 (since the Exec. number has been exposed) has changed their mind on CLI's. So they're sort of climbing out of that sub-prime pit they've been in for years.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
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