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Frequent Contributor
Posts: 268
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 & 827 & 827

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

Gardening Since: June 2012 Garden Goal: October 2014

Wish List: | Amex SPG



Senior Contributor
Posts: 4,583
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. 

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Frequent Contributor
Posts: 268
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 & 827 & 827

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

Gardening Since: June 2012 Garden Goal: October 2014

Wish List: | Amex SPG



Senior Contributor
Posts: 4,583
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. 

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Established Contributor
Posts: 1,043
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 (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU 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, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 793; EX (My Fico): 765; Walmart TU Fico 08 (1/2015): 788
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: 1,126
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.



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!
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.

Senior Contributor
Posts: 4,583
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. 

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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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