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Valued Member
Posts: 48
Registered: ‎02-07-2012
0

Credit One Denied

Hello All!

 

My husband got "pre-approved" with Credit One.

We accepted the offer and when we actually applied he got denied!

 

The reason being is that he already has a card issued by them... but he doesn't. I have a card with them and he is an authorized user on mine.

So my question is - Does Credit One consider an authorized user as a card holder and that is the reason he can't get one his own?

 

Thanks

Rebuilding Mode!
Mega Contributor
Posts: 15,446
Registered: ‎04-09-2011
0

Re: Credit One Denied


2ndTimeAround2012 wrote:

Hello All!

 

My husband got "pre-approved" with Credit One.

We accepted the offer and when we actually applied he got denied!

 

The reason being is that he already has a card issued by them... but he doesn't. I have a card with them and he is an authorized user on mine.

So my question is - Does Credit One consider an authorized user as a card holder and that is the reason he can't get one his own?

 

Thanks


Consider this as Credit One did him a favor. He really does not want this card, there are other cards out there that does not charge interest as soon as the transaction posts.

 




EQ FICO 548 3/3/16
New Member
Posts: 18
Registered: ‎09-23-2012
0

Re: Credit One Denied

Even capital one secured card is better than Credit One. I don't trust companies who try to imitate other company's logo and deceptively try to trick consumers thinking into another thing.

Trust me, they did you a favor by declining.

Super Contributor
Posts: 7,269
Registered: ‎12-11-2011
0

Re: Credit One Denied


LS2982 wrote:

2ndTimeAround2012 wrote:

Hello All!

 

My husband got "pre-approved" with Credit One.

We accepted the offer and when we actually applied he got denied!

 

The reason being is that he already has a card issued by them... but he doesn't. I have a card with them and he is an authorized user on mine.

So my question is - Does Credit One consider an authorized user as a card holder and that is the reason he can't get one his own?

 

Thanks


Consider this as Credit One did him a favor. He really does not want this card, there are other cards out there that does not charge interest as soon as the transaction posts.

 


To me credit one is definitely one of those "Gotcha!" CCCs...I think he's better off without it. 

Mega Contributor
Posts: 15,446
Registered: ‎04-09-2011
0

Re: Credit One Denied

OP have you tried Cap1 secured??




EQ FICO 548 3/3/16
Established Contributor
Posts: 930
Registered: ‎07-30-2011
0

Re: Credit One Denied

Credit One is one of the worst CCs out there.  They aren't worth it, so they did your husband a favor by denying him.


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
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Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Credit One Denied

Credit One did him a huge favor! Not one of the best credit cards out there...I'd look around.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Frequent Contributor
Posts: 331
Registered: ‎08-27-2012
0

Re: Credit One Denied

I was denied by them too! I don't care why though, after reading all the posts on here! 

Valued Contributor
Posts: 2,300
Registered: ‎07-23-2012
0

Re: Credit One Denied

i just got a pre approval for them for 5k. but through it in the shredder. 

 

at first i was like capital one? and nope. 

 

you can customize cards with a personal photo which is kind of neat. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


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Valued Contributor
Posts: 2,095
Registered: ‎03-30-2012
0

Re: Credit One Denied


creditnocash wrote:

i just got a pre approval for them for 5k. but through it in the shredder. 

 

at first i was like capital one? and nope. 

 

you can customize cards with a personal photo which is kind of neat. 


That's great and all but they have the nerve to charge $10 for it....at least with CapOne you can do that for free...

 

Scores 5/15/2016 (clean reports!): TU Walmart FICO: 696 | EQ FICO: 679 | EX AMEX FICO: 680

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | Citi AAdvantage Platinum Select World MasterCard: $5000 | Barclaycard Arrival World MasterCard: $1000 | Discover IT: $2500 | Amazon Rewards Visa Signature: $1500 | Chase Freedom: $1500 | Capital One QuicksilverOne MasterCard: $1950 | Target: $2200 | J.Crew $21,550 | Marvel (Captain America) MasterCard: $6000

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