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Frequent Contributor
Posts: 272
Registered: ‎08-14-2008
0

Capital cash rewards AF waiver?!

Hello everyone

 

I was chatting with a capital one online rep last night

 

She indicated that I am better off applying for the cash rewards with the Annual fee since BK is stil on file

 

However; she indicated that the option to waive the AF and upgrade the card based on history of payment is available in the future

 

any insight???

 

 

BK7 Discharge: October 2004 Starting Score: 590 December EQ & EX & TU FICO Score: 825 & 831 & 820

Goal Score: 800+ across the board | Goals Hit: 3 Active Cards: 2

Gardening Since: October 2014 Garden Goal: June 2015

Wish List: | Amex SPG



Super Contributor
Posts: 6,102
Registered: ‎12-11-2011
0

Re: Capital cash rewards AF waiver?!

It's definitely a possibility. I just got PCd to the card with a waived annual fee for the life of my account because I had that with my platinum card. 

Frequent Contributor
Posts: 272
Registered: ‎08-14-2008
0

Re: Capital cash rewards AF waiver?!

thanks for the insight

 

i am reluctant cause I closed my cap 1 platinum after six years cause they wont

 

do a PC or waive the AF

 

 

BK7 Discharge: October 2004 Starting Score: 590 December EQ & EX & TU FICO Score: 825 & 831 & 820

Goal Score: 800+ across the board | Goals Hit: 3 Active Cards: 2

Gardening Since: October 2014 Garden Goal: June 2015

Wish List: | Amex SPG



Super Contributor
Posts: 6,102
Registered: ‎12-11-2011
0

Re: Capital cash rewards AF waiver?!

They did my PC to cash rewards before my first statement even cut. I read somewhere that they're more likely to do PCs and other offers if you start out with a higher CL with them, I started with the 3000 (which is the max) and after reading that post, I figured that was why they were willing to do it. 

Valued Contributor
Posts: 1,073
Registered: ‎02-03-2009
0

Re: Capital cash rewards AF waiver?!

I had a Platinum Visa since 2006, limit 3k. Last month I went on the online chat, and asked about a Product Change. They offered the Green Cash rewards with no AF. I went ahead and switched it over, since there was no AF. Otherwise, I was just about to close it. I also asked for a CLI, no go (no hard pull).


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

Current Scores (7/2015): EQ My Fico: 789; TU MyFico: 795; EX (My Fico): 774
Regular Contributor
Posts: 174
Registered: ‎06-21-2012
0

Re: Capital cash rewards AF waiver?!


jsucool76 wrote:

It's definitely a possibility. I just got PCd to the card with a waived annual fee for the life of my account because I had that with my platinum card. 


+1 same thing happened to me

Ex 752 (Amex) Tu 758 (Walmart) Eq 703
Goal: 750+ on all
Current Cards: Cap1 Cash Back; Chase Freedom; Chase Amazon; Citi Thank You; Citi Forward; Discover iT; Amex Zync; GE WalMart; BoA 3-2-1
Valued Contributor
Posts: 1,321
Registered: ‎10-15-2011
0

Re: Capital cash rewards AF waiver?!


pokerpro wrote:

Hello everyone

 

I was chatting with a capital one online rep last night

 

She indicated that I am better off applying for the cash rewards with the Annual fee since BK is stil on file

 

However; she indicated that the option to waive the AF and upgrade the card based on history of payment is available in the future

 

any insight???

 

 


I have had them waive my AF and they told me they will again in 2 months when it posts next.  However they won't raise the limit after excellent history and a much better credit score.


Yeah, back to a seedling because of Huntington Bank offering me $150 to open a checking account... Well of course I had to app for the Voice card while I was at it....
Established Contributor
Posts: 536
Registered: ‎08-26-2008
0

Re: Capital cash rewards AF waiver?!

Since Capital One is finally upgrading (some of) the Platinum accounts to the cash back account, I wonder why this option is not availble to me through the online "Modify Your Features" option. That option has only once offered me a choice -- it was a choice to uprade to the airline rewards card.

Super Contributor
Posts: 6,102
Registered: ‎12-11-2011
0

Re: Capital cash rewards AF waiver?!

Just use the Chat Now button or call up, I didn't have anything under Modify Your Features either, my account was maybe 20 days old, and I just asked for S&Gs, but they were like "Well I see you have an offer, let me transfer you" 

 

Usually if you have an offer for the travel rewards, they will upgrade you to cash rewards, because when I got mine they asked me if I wanted travel rewards or cash rewards, so I assume you just get an option to "Upgrade to a rewards card" and they'll do either one. 

Established Contributor
Posts: 536
Registered: ‎08-26-2008
0

Re: Capital cash rewards AF waiver?!

[ Edited ]

Thank you, jsucool76; that sounds like a straight forward painless process.

 

About how much time should I set aside for making this request ? (I think I'll feel more comfortable asking via online chat)

 

Were there any additional questions that were asked of you by the agent before the agent processed your request ?

 

Is this cash rewards that you were converted to still a plain mastercard, or is this cash rewards one of the various types of world mastercard ?

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