08-23-2012 03:50 PM
08-23-2012 03:58 PM
I'm not quit sure why you open all 3 at Cap 1, but do not close any of them, its bad for credit score if you just open them up and close them right away. I suggest you wait 7 month and open either a Chase, or something else. When you buy car or house they check line of credit. All 3 Cap 1 check as 1 line, and you need 2 more from 2 different company. Close your newest one after 1 year on your order one. Too many card is not good.
08-23-2012 03:59 PM
08-23-2012 04:38 PM
08-23-2012 05:32 PM
I guess I got a little too carried away with capital one. My first card with capital one the Visa Platinum is a rebuilder card with credit steps. They sent me a letter telling me that when my 7th statement hits I will automatically be eligible for a credit limit of $750. My second card the Sony Visa a $500 credit limit card, applied because I liked the offers being given with this card but now I am not crazy about this card anymore as well as the MTV visa which I mindlessly applied for just because it had hassle free rewards and no annual fee but I have better cards now as my scores are in the 700 range. I have a BOA Cash Rewards, Amex Zync, Chase Freedom, Amazon Visa, Kohls, Orchard bank and BBRZMC (which are now Cap 1 too Damn it!) Macy's card and that's it.
08-23-2012 05:41 PM
I'm surprised they're still accepting you for cards. I understand the sony and the BBRZMC not counting, but I've heard of people getting denied for cards because they had 1 HSBC and 1 cap1 and they capped at 2 cards. I wonder if they changed it.
08-23-2012 05:49 PM - edited 08-23-2012 05:51 PM
I was shocked that the very own Senior Account Supervisor even told me to go ahead and apply for the Cash Rewards mastercard with me already having 3 of their cards + 2 Orchard Bank and BBRZMC. I already have way too much from this bank and I am most certainly done with there credit now it will be time to garden them for as long as they can grow. But I would just love to get rid of the MTV visa. I just see it as useless... I rather bank somewhere else like with Chase who is a more reputable bank rather than Capital One and there crappy subprime cards. I mean Capital One is good for rebuilding and opening the doors those who are new to credit and others who were shot down by other CCC but after that there's not much you can possibly get out of this bank.