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Valued Member
2ndTimeAround2012
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

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Mega Contributor
LS2982
Posts: 15,434
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.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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New Member
nisargshah12
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.

Senior Contributor
jsucool76
Posts: 3,390
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
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Credit One Denied

OP have you tried Cap1 secured??




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
lithium78
Posts: 929
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.


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Valued Contributor
maiden_girl
Posts: 2,106
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)
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Frequent Contributor
jdirilo
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
creditnocash
Posts: 2,255
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 689 9/14 Walmart Fico 689 9/14

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Valued Contributor
injustifiiable
Posts: 1,862
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...

 

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