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Established Contributor
migliogiorni
Posts: 657
Registered: ‎06-27-2012
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

Well Said, Cap One had a chance at your

business and they chose not to care.  It's what they do.  You've got awesome cards that will grow.  Cap One is not worth your time.

BOA: 8.9k
CSP: 5k
Discover: 5k
Citi TY Preferd: 5k
Wally: 5k
JCP: 4.9k
citiForward: 4.7k
ChaseFreedom: 4.5k
DFS: 2k
Valued Contributor
jamesdwi
Posts: 1,747
Registered: ‎09-16-2011
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

I wouldn't bother, its 3 HP's to get back in with CapOne and unless you are approved for a prime card you are stuck with the CL you get. There are better cards without the 3HP's and same or better rewards. 

 

 


Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Zync NPSL, Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

Anyone here have success getting a prime Cap1 with just 1 HP?



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
CreditChampion
Posts: 267
Registered: ‎03-15-2012
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

Yes just freeze 2 of 3 reports
Fico Scores: 763 EQ(12/11/12) 768 TU(12/11/12) ? EX(TBD)
Citi Double Cash 10K PenFed Plat Rewards 8.5K Citi Forward $7.1K AMEX BCE 6K AMEX Zync NPSL(AU) Discover it 5K Wells Fargo Cash Back $2.3K BankAmericard Better Balance $700 Chase Freedom $500 Capital One Quicksilver $6K Capital One Platinum (AU) $500 Capital One Secured Card (AU) $251(Closed)
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

That's not considered ethical by the forums here. Creditors should be able to pull who they want to pull and freezing files restricts them.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Regular Contributor
StartingLifeOver
Posts: 138
Registered: ‎02-06-2009
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"


Changingmantra wrote:

I started rebuilding in 2008 - in that year I was approved for two Cap 1 cards: 1 Visa 1 MC.  Four years later, I had closed both cards, with having closed the MC before this summer.  The CL on that had gone from 300 to $3350, but it took a long time to get that, and whenever I called CS  about a CLI- I got the standard messages... and then finally - I was told that if I wanted a higher limit, I should appy for another CC.  Of course, I said that the problem with that is that if I cannot get a CLI, how am I going to get approved for a Venture Card? One CSR encouraged me to apply  saying that I probably had a good chance of getting it- I did - took the hit and BAM - DECLINED - they would not recon.  And frankly, I got tired of begging for CLIs, so I moved on!

 

By then I had already gotten a Discover Card and a Barclay MC.  Within six months - Discover went from $1500-$3500, Barclay from $1000-$4700.  Four months after having  closed my last Cap1 card, they are cluttering my mailbox with all sorts of offers - to get me back - interestingly - for the same card that I closed in May.  When I closed that account - there was interest nor any attempt to keep me as a customer.  I wasted an inquiry - and now they are trying to get me to play this game with them all over again?!

 

I am happy with my two credit cards; I do not want  a pocket full of credit cards, but I certainly would like to let Capital one know how I feel about this.  I would have LOVED to have remained a customer with them, but  as I am not into collecting cards and just letting them sit around, there was no need for me to have an account that I was not going to use.    Do you think I should bother writing C1?


I've seen people writing CEO's directly on these boards.  I think you should do just that elaborating on what happened and why you WILL NOT be a Cap1 customer ever again.  It would certainly be interesting to know if and how they would respond.  Even though you weren't an inital "prime" customer, you were still a customer and your business should matter.  Your credit behaviors changed over time and, IMO, you shouldn't be punished so to speak, because of where you started.  Suggest that they should perhaps change their methods of evaluating a customer's worthiness, so they won't lose future business like they lost yours.  Then ask them to remove you from all their future mailing lists, so they know you aren't interested in being contacted by them ever again.  I know I would.  It may not benefit you in any way, but companies need to know how their actions affect ALL customers, not just the top percent.  And correct me if I'm wrong, but don't they make more money off of subprime customers than prime customers anyway????   Just my thoughts....

NFCU Cash Rewards: $14,000/FNBO Platinum: $4,600/Best Buy Cap 1: $2,500/Care Credit $7,600/TJ Maxx $600

Starting Score: 426 Ch. 13 BK Filed Sep 2009; Discharged Jan 2013 :smileyhappy:
Current Score: TU 695 EQ FICO 698 EX 694
Goal Score: 720

Valued Contributor
jamesdwi
Posts: 1,747
Registered: ‎09-16-2011
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"


LS2982 wrote:


Shred the offer and mail it back to them!! :smileyvery-happy:

 

They didnt want you when you were prime so they can kick rocks now!

 


Don't forget to include a note that reads, 

 

"Sorry we are not accepting Creditor Initiated Credit Limit Increases at this time"


Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Zync NPSL, Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"


jamesdwi wrote:

LS2982 wrote:


Shred the offer and mail it back to them!! :smileyvery-happy:

 

They didnt want you when you were prime so they can kick rocks now!

 


Don't forget to include a note that reads, 

 

"Sorry we are not accepting Creditor Initiated Credit Limit Increases at this time"


NICE!! :smileyvery-happy:

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Senior Contributor
youngandcreditwrthy
Posts: 6,211
Registered: ‎08-16-2012
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

Do NOT waste ANY TIME with them. I was told to re-app and did last year and got a stupid $500 limit No hassle cash card, which after a year, never got a cli.
Still have my 6 year old 1300 limit card with no cli.

I'd do what the op are saying AS WELL as make it clear thar you want OFF of their mailing list for GOOD! Send that back maybe in the app envelope they give you or call the Exec Office to complain. I'm sorry, but these jokers need to get a clue. A business model based on low credit lines that NEVER grow is simply rediculous!!

Tell 'em to go to helll!! Lol

:-) just my two cents.

Congrats on your other credit lines though! Clearly, they value your business!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
youngandcreditwrthy
Posts: 6,211
Registered: ‎08-16-2012
0

Re: Should I Bother Responding to Cap 1 "We Want to Win You Back"

The stupidest thing is that they aren't basing cli requests on anything related to your credit report ime.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k

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