@longtimelurker wrote:
@Anonymous wrote:
@wacdenney wrote:
@longtimelurker wrote:
@wacdenney wrote:
@trumpet-205 wrote:
You guys need to remember that bulk of Capital One's business is from subprime credit card lending (high risk).
They also pull Innovis, ARS, and IDA.
I think this is the gist of it. If you are a sub-prime lender it makes sense to pull all three. As if anybody needs one more reason to avoid Crap 1.
Except for those of us who are pretty happy with Cap One! Quicksilver really is a good card.
What would you use it for? I guess if you happen to travel over seas alot and don't have a better no FTF card maybe??
How many normal people really travel as much as you do though?
Fortunately, not everybody aims to be "normal"....
And actually its major use for me has been non-category spending at places that don't take Amex, and a handful of foreign web sites.
Yes, double cash might replace this some, but: to get a decent CL on that, some had to have an additional pull (on the same agency) and if they were double pulled to begin with, that's the same.
Still like the no minimum redeption and the instant posting, it's a real pain getting to $50 on the Citi Dividend
I have heard there are some areas where lots of places do not accept AMEX. I have never really ever ran into many. There is one place in my town, but it's a food place so I wouldn't be using Fidelity AMEX there anyway.
I do agree the easy redemption was nice, but I rarely found myself in a situation where I needed to redeem less then the standard $25 anyway and even at $50 on Fidelity it's no big deal to me. I certainly wouldn't take on a Cap1 product just for the easy redemption especially given the headache involved when dealing with Cap1 "customer service".
I have noticed there is a small minority that Cap1 treats well and I am assuming you fall into this minority. That's great for you, but IMO for the vast majority of those outside the sub-prime market there really isn't much that Cap1 could possibly offer that would make dealing with them acceptable.
The three pulls aren't even the worst part. Given their target market I can sortof understand why they do that. It's the way they treat you after you are a customer that is appalling. Being in the minority, I assume you haven't experienced it. Thank your lucky stars for that!
