Credit Card Center Advertiser Disclosure

Reply
Frequent Contributor
Posts: 480
Registered: ‎06-25-2013
0 Kudos

Pre-approved for CapOne Platinum card

So I've been approved for yet another card, CapOne Platinum. I'm an UA on one card and I have my own. So........................should I? It would give me another line of credit. 0% APR until May 2014 and higher credit limit after making first 5 payments on time. I'm leaning towards going for it. I'm currently not carrying any balances and I'm getting that credit card "itch" that people talk about. lol Oh, and no AF.


If a man empties his purse into his head, no one can take it from him. An investment in knowledge always pays the best interest. - Benjamin Franklin |Capital One Quicksilver Cash Rewards|Chase Amazon Visa Rewards|BOA Cash Rewards|Walmart Mastercard|Commence MC| Citi Double Cash| Amazon Prime Store Card|Discover It|Chase Freedom|Chase Freedom Unlimited|Amex BCE|Wells Fargo Cash Wise|Barclays Cashforward
$83,300 total card credit FICO Equifax-803, FICO Transunion-791, FICO Experian-771 , DTI-3.4%
Mega Contributor
Posts: 17,186
Registered: ‎08-08-2011
0 Kudos

Re: Pre-approved for CapOne Platinum card

Normally I would ask you your credit such as any baddies length of credit history etc. IMHO no don't go for it. First of all your only allowed 2 Cap1 cards not counting cobranded cards. Looking at your signature you have some cards that will grow with you. Cap1 will do 3 hard pulls more then likely for a low limit card with no rewards. Follow the advice on here if you don't need it don't apply. All you will end up doing is making the other card companys your with nervous. As always YMMV.   

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $13.5k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $6.1k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $4.85k / Citi DC (WMC) $7.1k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Highlighted
Super Contributor
Posts: 31,000
Registered: ‎02-07-2013
0 Kudos

Re: Pre-approved for CapOne Platinum card


Steelersboy wrote:

So I've been approved for yet another card, CapOne Platinum. I'm an UA on one card and I have my own. So........................should I? It would give me another line of credit. 0% APR until May 2014 and higher credit limit after making first 5 payments on time. I'm leaning towards going for it. I'm currently not carrying any balances and I'm getting that credit card "itch" that people talk about. lol Oh, and no AF.


IMHO and not sure if other cards in sig are yours or AU but you don't need another CAP1 card garden what you have until you see another lender you would like to have Smiley Wink

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† 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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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.