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Established Contributor
Posts: 689
Registered: ‎12-01-2011
0

How long should I have cap1 secured..

Before applying for cap1 cash rewards?
Community Leader
Senior Contributor
Posts: 28,776
Registered: ‎02-07-2013
0

Re: How long should I have cap1 secured..


cwwatts1202 wrote:
Before applying for cap1 cash rewards?

A year IMO

This point should be stressed more here an app spree should not be encouraged because its not for every profile
A thick file will support more apps at one time while a thin file may see negative reaction to this process

IMHO 4+ at one time is to many for a new file and it should be kept to 1-3 a year but we get caught up sometimes in seeing the little wheel spin and the words approved
New Contributor
Posts: 116
Registered: ‎03-10-2013
0

Re: How long should I have cap1 secured..

Yes I waited around the 10-11 month mark to apply for there cash rewards card after having there secured card. So I say about a year also

Regular Contributor
Posts: 220
Registered: ‎08-15-2012
0

Re: How long should I have cap1 secured..

Who really knows with CapOne. My wife and I both had a secured card with them. She got two CLI within 6 months and 2 days, their money not hers. One week after the 6th month she applied for the rewards card and was instanly approved. Me on the other hand got zip from them. I had the better credit and higher income.

Established Contributor
Posts: 689
Registered: ‎12-01-2011
0

Re: How long should I have cap1 secured..

That's odd I didn't think they have CLI on the secured..
Established Member
Posts: 15
Registered: ‎04-15-2013
0

Re: How long should I have cap1 secured..

I started out with my secured card last October. I recieved a CLI in April as well as I applied for their cash reqards and was approved. I think it just depends.

NFCU nREWARDS~ $2500
NavCheck~ $2000
NFCU cash rewards ~$1500
Cap1~ $500
VS ~$350
Cap 1 (sc)~ $300
Walmart $300
Blogger
Posts: 3,363
Registered: ‎10-19-2012
0

Re: How long should I have cap1 secured..

if you have a clean file you can even get an Amex issued card after 6 months...

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