Capital One

[Anonymous]

Any experienced Credit card holders out there this time of night. 

[Anonymous]

I think there's always someone on here who's awake. I guess with different time zones. And working nights. hahaha. 

[Anonymous]

I've been getting approvals from 1500 to 2K in the past 2 days.  I applied for a Sony Visa with Cap one. got an instant 300 approval.  I already have 2 other visa with cap one over 1k limit. Should I cancel the 300 card that they just approved me for because of the low limit. 

[Anonymous]

That's up to you. Why not keep it. It cost you 3 hard pulls.

[Anonymous]

wow impressive.  

[Anonymous]

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@Anonymous wrote:

wow impressive.  

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What's your current profile?

1, FICO scores?

2. How may cards do you have now?

3. AAoA?

I try to limit getting store cards. Getting store cards left and right will affect your AAoA. But if you have more benefit from them, go for it. I think most strore cards are issued by Comenity or Synchrony. They have been known to close accounts randomly. Diversify your accounts with multiple lenders that you plan to stick with for a long time.

[MrsCHX]

Getting any type of cards left and right will affect your AAoA, not just store cards. The card is opened. Any damage to AAoA is done.

Keep it awhile and if it ends up not working for you, close it.

[Anonymous]

To me this could also point to your income why your limits are coming in low....

[Anonymous]

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@MrsCHX wrote:
Getting any type of cards left and right will affect your AAoA, not just store cards. The card is opened. Any damage to AAoA is done.

Keep it awhile and if it ends up not working for you, close it.

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Yes, this is very true. My response was very irresponsible. I apologize for that. I meant to say, if I were to lose valuable AAoA, I wouldn't do it with getting store cards. But then, it's value completely depends on someone's need. I say, research and prioritize your needs and find the one that will give you the most return in terms of rewards, points, cash back and have the most benefit from.

[Anonymous]

FCU 500, NFCU Go Rewards 1700, Cap one rewards 1500, Cap one platnium 1100, paypal 2K, Kay 1500,  Furniture 2K, Barclay 1500, Sony Cap one 300, Walmart 700, Belk 350, Merrick bank 1400, Pier one 1500, Home Depot 500, Meijer 700, Firestone 800 and 16 other retail cards ranging from 300 to 800.   

EQ 602, TU 632, EX 634