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I spoke with a credit analyst tonight about a better APR offer on my Quicksilver and happened to ask if CapOne ever allowed transfers of credit limits between cards, or was it just a Chase card thing. She replied that they will be doing it in the future, and could say that with 100% certainty. She also said the powers that be have not given a hard date on when that service will be rolled out.
Credit line transfers between CapOne cards may become a reality in CapOne world soon.
There was another report about this a week or so ago. I would love to see this happen.
@Anonymous wrote:I spoke with a credit analyst tonight about a better APR offer on my Quicksilver and happened to ask if CapOne ever allowed transfers of credit limits between cards, or was it just a Chase card thing. She replied that they will be doing it in the future, and could say that with 100% certainty. She also said the powers that be have not given a hard date on when that service will be rolled out.
Credit line transfers between CapOne cards may become a reality in CapOne world soon.
Boy I sure hope so, that would be awesome!
Believe it when I see it.. They use to have it and got rid of it around 2011 I beieve.. Obviously a reason for that policy change, be hard to believe they would go back to the old way unless they seriously want to take on Chase/Citi/BofA/Barchay's/Etc., if that is their reason for a possible change back to the old policy then it very well could happen. Once again when I see it is when I will believe it.
Also bet it would only be with their "prime" cards, not the sub-prime where AF's are a big peice of their business if it was ever to happen
Hopefully, the rumors are true this time. It would be helpful to all those people with multiple CCs from Cap One's various acquisitions. My Sony Card will likely be SDed (unless I get it up to Visa Siggy status, then I might have to use it for movies again) permanently. If that's the case, I wouldn't mind rolling that CL into my QS.
Definitely too early to call this one. Unfortunately, we've heard the rumor for a while.
I can guarantee that Cap One will be doing this. How do I know? Because I dumped my QS1, and now won't have the opportunity to transfer the CL from it to my QS.