Reelax wrote:
heirophant wrote:
Reelax wrote:If you were catering to a customer, which would impress you more. If the customer pulled out a Chase Sapphire Preferred Card or a Capitol One Venture card?
It does say Signature on it, so I know it would have to be a 5K+ limit. That seems to be the standard with all creditors. That being said, I would feel pretty confident that anyone that pulls out any Signature card has decent credit.
Didn't really answer the question I asked... but ... ok.
Capital One's prime cards (Venture, Cash rewards, and any of their "Excellent" cards) have limits that go well up to the 30k area. Their prime cards are actually fairly decent, and almost none of the excellent cards have AFs except the venture which gets 2pts/$1 (which is pretty decent if you travel a lot ) . Their prime cards compete easily with some of the other prime lenders when it comes to limits, and they aren't necessarily any easier to get just because they are Capital one.
People only get impressed by CSP because it's metal, most people who aren't myfico members have no idea of the credit requirements for CSP, as it doesn't say in the commercials. they go "wow, this looks cool..." nothing about "wow, you must have great credit" or "wow, your limit must be awesome." So they would be more impressed with the look of CSP, but it doesn't necessarily make it more exclusive or mean you have a better credit score.
From what I've read cap1 treats their "prime" customers a lot better when it comes to offers than they do their subprime customers, so as far as I know, venture would def grow with you. I've seen plenty of people with 25-30k limits on cap1 prime cards.
I'm a subprime card member and they gave me the opportunity to add rewards to my card a week or two after I opened my account, they've been nothing but nice to me. Sometimes I talk to peggy when I call up, but every company has at least one peggy. Most of the time I talk to people who are always willing to help.
journey258 wrote:
Reelax wrote:
journey258 wrote:
Reelax wrote:If you were catering to a customer, which would impress you more. If the customer pulled out a Chase Sapphire Preferred Card or a Capitol One Venture card?
Reelax wrote:If you were catering to a customer, which would impress you more. If the customer pulled out a Chase Sapphire Preferred Card or a Capitol One Venture card?
Honestly, I don't think I'd care. Until I joined this forum I didn't know the difference between the "prestige" of most of the cards out here. I'm pretty sure most people don't. At the end of the day, in the eyes of anyone outside the holder of the card, what matters is the swipe. If the charge is approved, all is well with the world.
Excellent point. Although, if the card you are swiping is backed by a bank who doesn't let the card grow with you, maybe it might make a better world to go with another card.
That's my whole point! Get another card. Don't dump on the one that's taken you as far as it can. That's all I'm saying.
And even if you do dump your first card (if it has AF or something) if the company was still the first one to extend you credit you shouldn't hate on them.
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