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Established Member
AJ48
Posts: 16
Registered: ‎02-22-2012

Re: Is it time to drop my sub-prime cards?

Hi, 

 

I started rebuiding in Feb. 2012. Also beginning with a USAA secured card as well as Cap 1. In November USAA approved me for rewards platinum Visa and rewards MC. I just wanted to encourage you to app with USAA - I don't know if you're a full member or not but according to what I've read here, it helps. Just sharing a bit of my experience. Good luck!

New Contributor
lawless05
Posts: 69
Registered: ‎09-13-2012

Re: Is it time to drop my sub-prime cards?

[ Edited ]

Yes I'm a full member but I wish my current card could be graduated to a regular card without applying for a new one. I love USAA but this is one thing I hate about them. But I'll be out of the garden soon enough for more applications.  Did you close your secured card and if so  how much did they charge you? they was talking about 180 day of interest dont how much that will be but i want the money for my wife a new card.


Starting Score: FICO EX 580ish (JAN 2008)
Current Score: Walmart TU695 USAA EX 682 CK 657 CS 687(June 2013)
Goal Score: 740+

Last APP 4/9/13 Current Wallet: Discover It 6,000 NFCU Cash Rewards 10,000 Chase Sapphire 5,000 Wal-Mart 3,000 BoA Travel Rewards 2,500 Paypal Extras MC 2,000Capital One Platinum 1,750 USAA secured 850
New Contributor
lawless05
Posts: 69
Registered: ‎09-13-2012

Re: Is it time to drop my sub-prime cards?

I just got my call!!!! She said that they are going to look into my file and see if they give me an increase, remove monthly fee, and lower my ARP. I didn't ask for 5000 like I should have but anything(2500 lowest) without a monthly fee and low APR is good to me since it my oldest card.


Starting Score: FICO EX 580ish (JAN 2008)
Current Score: Walmart TU695 USAA EX 682 CK 657 CS 687(June 2013)
Goal Score: 740+

Last APP 4/9/13 Current Wallet: Discover It 6,000 NFCU Cash Rewards 10,000 Chase Sapphire 5,000 Wal-Mart 3,000 BoA Travel Rewards 2,500 Paypal Extras MC 2,000Capital One Platinum 1,750 USAA secured 850
New Contributor
lawless05
Posts: 69
Registered: ‎09-13-2012

Re: Is it time to drop my sub-prime cards?

So today i logged into my Capital one account and found that i have a CLI of 1000----->1750CL now. This is just not enough to keep this card. While i was waiting for Crap1 to call with the details of my request i got approved for a Discover IT card with a 6,000 limit. I dont know if i'm crazy or not but i've been with Crap on for 7 years and this is all they can offer me they FAIL Major. It was worth a try. i cant wait for the call from them on this Thursday telling the offer and me replying with CANCEL the card it has 0 balance.


Starting Score: FICO EX 580ish (JAN 2008)
Current Score: Walmart TU695 USAA EX 682 CK 657 CS 687(June 2013)
Goal Score: 740+

Last APP 4/9/13 Current Wallet: Discover It 6,000 NFCU Cash Rewards 10,000 Chase Sapphire 5,000 Wal-Mart 3,000 BoA Travel Rewards 2,500 Paypal Extras MC 2,000Capital One Platinum 1,750 USAA secured 850
Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012

Re: Is it time to drop my sub-prime cards?

[ Edited ]

lawless05 wrote:

So today i logged into my Capital one account and found that i have a CLI of 1000----->1750CL now. This is just not enough to keep this card. While i was waiting for Crap1 to call with the details of my request i got approved for a Discover IT card with a 6,000 limit. I dont know if i'm crazy or not but i've been with Crap on for 7 years and this is all they can offer me they FAIL Major. It was worth a try. i cant wait for the call from them on this Thursday telling the offer and me replying with CANCEL the card it has 0 balance.


They may go back and try again...possibly give you a better offer. I would also say just go ahead and cancel it. I hate crap1, nobody should have to go through al of this to get a simple account change that should happen on its own over 7 years. 

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Valued Contributor
visorboy1974
Posts: 1,129
Registered: ‎05-17-2010

Re: Is it time to drop my sub-prime cards?


lawless05 wrote:

So today i logged into my Capital one account and found that i have a CLI of 1000----->1750CL now. This is just not enough to keep this card. While i was waiting for Crap1 to call with the details of my request i got approved for a Discover IT card with a 6,000 limit. I dont know if i'm crazy or not but i've been with Crap on for 7 years and this is all they can offer me they FAIL Major. It was worth a try. i cant wait for the call from them on this Thursday telling the offer and me replying with CANCEL the card it has 0 balance.


Yup...cancel it...a measly $1000 increase isn't worth the trouble.  

Regular Contributor
ninjamike81
Posts: 208
Registered: ‎08-16-2012

Re: Is it time to drop my sub-prime cards?

if they drop the annual fee I would not close it.  just sock drawer it.  it still helps with util and aaoa.   just my .02


Starting Score: TU 583, EX 683, EQ 653
Current Score: TU DISCOVER FICO 734 EX FICO 726 LENDER PULL 3/10/2013 EQ FICO 723
Goal Score: 750

WALLET: CAP ONE UNSEC $2000, WALMART $3800, CHASE FREEDOM $1000, CITI SIMPLICITY $2600, DISCOVER IT $2000, BBRZ $2200, AMEX BCE $6000, KAWASAKI GOOD TIMES CARD $21,000
New Contributor
lawless05
Posts: 69
Registered: ‎09-13-2012

Re: Is it time to drop my sub-prime cards?

Yea they just called to tell me they got my an extra 1000 and the monthly fee waived but I have to wait 2-3 more days to see if they will drop my APR which is currently 22%. But when I told her this is weak she offered the 1%month cash back and 50% annual  cash back add on with no PC. So that equals this card is dead. So it will stay active another 3 years in my sock drawer only cause I just got all my new card this JAN. Thanks for the feed back.


Starting Score: FICO EX 580ish (JAN 2008)
Current Score: Walmart TU695 USAA EX 682 CK 657 CS 687(June 2013)
Goal Score: 740+

Last APP 4/9/13 Current Wallet: Discover It 6,000 NFCU Cash Rewards 10,000 Chase Sapphire 5,000 Wal-Mart 3,000 BoA Travel Rewards 2,500 Paypal Extras MC 2,000Capital One Platinum 1,750 USAA secured 850

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