Reply
Member
Posts: 5
Registered: ‎11-27-2007
0

How do you consolidate cards?

I tried unsuccessfully to get a CLI with Cap 1 through the backdoor number.  The woman told me that my account is very clean and about to go under review.  I explained that I just wanted one card instead of four and requested a substantial increase.  She said to check back in three months.  In the meantime I applied for another Cap 1 card and was approved.  My question is can my initial card and the new card be consolidated?  If so, how is it done?  I haven't activated the new card yet.  Also, if the cards are consolidated will it show on my credit report as a closed account and a new account.  I've had Cap 1 for a year and don't want to start over if I don't have to.  Any advise?
Contributor
Posts: 139
Registered: ‎11-14-2007
0

Re: How do you consolidate cards?

I say call the back door and try again! or even just consolidate maybe 2 in 1 at a time!
EQ N/A
EXP- 692
TU- 673 3/10/08br>
Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
0

Re: How do you consolidate cards?

You can simply call the front or back door number and ask for your accounts to be combined. They combine your total CLs and total balances into one card. I would recommend combining into your oldest account as to maximize history.

However, you may want to combine into a different card, maybe if you have one with a rewards program you like.
Here we go again...
Regular Contributor
Posts: 130
Registered: ‎03-25-2008
0

Re: How do you consolidate cards?



soojaded wrote:
I tried unsuccessfully to get a CLI with Cap 1 through the backdoor number.  The woman told me that my account is very clean and about to go under review.  I explained that I just wanted one card instead of four and requested a substantial increase.  She said to check back in three months.  In the meantime I applied for another Cap 1 card and was approved.  My question is can my initial card and the new card be consolidated?  If so, how is it done?  I haven't activated the new card yet.  Also, if the cards are consolidated will it show on my credit report as a closed account and a new account.  I've had Cap 1 for a year and don't want to start over if I don't have to.  Any advise?


just call then to consolidate the two cards they will ask you which card you want to keep and they will transfer the cl on the card you want to close to the card you are keeping.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.