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Regular Contributor
lakerfan2011
Posts: 162
Registered: ‎02-19-2011
0

Re: Capital One

i will inherit 2 cap one cards i have two hsbc cards with both having 8000 limits on both i hope i dont lose them. and i have 2 percent cash back and no af.

Frequent Contributor
Juan123
Posts: 496
Registered: ‎04-16-2011
0

Re: Capital One

If you already have 2 capital one cards and are grandfathered into capital one, they wont close any of your cards. The BB card isn't provided by capital one yet so if you get approved for it, it wont be closed or anything.


Starting Score: 575 (As Of Early 2011)
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Regular Contributor
tammyjk
Posts: 161
Registered: ‎02-17-2011
0

Re: Capital One

Really a shame, I liked my Orchard card too!  I hate my capital one card...So I guess I have two now :smileysad:

March 2011 FICO® ~ 595 TU, 605 EQ, 525 EX
Aug 2012 Lender pulls: 702 TU, 667 EQ, 660 EX
New Contributor
TanterBeans
Posts: 97
Registered: ‎05-10-2011
0

Re: Capital One

I have 2 Cap one cards and received a "pre-approval" letter last week from Best Buy and accepted.  I was approved for the card instantly online when I accepted the invitation (with the 2 cards)


bichonmom wrote:

I've read through all of the posts and have a question. I have 2 Cap Ones and am considering apping for the Best Buy card (hopefully store, but could be MC, if that's what they approve). So, if I do, will I be rejected solely because I already have 2 Cap Ones? Or is it still under HSBC? Someone wrote that they were denied a Sony, I think, because of already having 2 Cap Ones. Sorry, don't recall which card it was for sure.

 

Also, I'm confused about the # of cards limit because reps have several times suggested that I app for a new card -- like when I wanted to convert this card to a rewards card. If their limit is 2, then I wonder why they'd suggest that. But then, I've been given so much erroneous info from them, who knows!

 

 


 

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Capital One

BB store cards are owned by Cap1 as of 5/1.




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Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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New Contributor
TanterBeans
Posts: 97
Registered: ‎05-10-2011
0

Re: Capital One

Hmm, that's weird!!  Well, so maybe you can have 2 "personal cards" and 1 "store card"?  I'm wondering if the "pre-approval" letter was sent to me when they were still owned by HSBC?  Didn't matter though because it went through. 

 


LS2982 wrote:

BB store cards are owned by Cap1 as of 5/1.


 

Established Contributor
learnin113
Posts: 541
Registered: ‎12-02-2011
0

Re: Capital One

O. 

Established Contributor
TiggerDat
Posts: 1,033
Registered: ‎10-15-2011
0

Re: Capital One


tammyjk wrote:

Really a shame, I liked my Orchard card too!  I hate my capital one card...So I guess I have two now :smileysad:


I have a Household account and I asked when CapOne would take it over and I was told that for up to 2 years they will still be serviced by HSBC.  Basically, they will take up to 2 years to train more employees or train the HSBC employees and migrate the cards. I imagine we will see either the prime HSBC cards go first or Orchard Bank cards first.  Since they will have to divide the Household Bank cards up into 2 different categories, those will probably be last.  The Household cards are between sub prime and prime, CapOne basically only has 2 distinctions in their cards.  I have the Household Platinum without a fee, so I hopt I get classified as a Prime Card holder when it happens, as I already have 2 CapOne cards with $39 AFs.  (Both with $500 limits after 2 and 1 1/2 years, respectively.)  While my limit at Household is only $300 after 9 months.  When this limit is over $1000, I will close both CapOne cards with AFs when they refuse to waive them.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

Re: Capital One

I have two. One is an Orchard Bank Card w/ 1100 CL slated to be replaced with a Cap1 card. Credit increases stopped after Capital One took over Orchard. Called and ask if I would get future credit limit increases and they said they are still reviewing the accounts for CLIs. Then she said I could apply for a Cap1 card if I wanted back in July. Super paranoid of denial but applied anyway and got instant approval for a Cash Rewards card w/ a 2000 CL and a 500 CLI by the 7th statement. I use it for all my groceries, gas, etc to earn cash rewards.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
New Member
iPeaches
Posts: 15
Registered: ‎12-22-2012
0

Re: Capital One

1 Cap One & 1 HSBC Best Buy

Wallet: Chase Sapphire Preferred (10k), Capital One Venture (5k), Citi Simplicity (2k)


Starting Score: 669
Current Score: 747
Goal Score: 790

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