Reply
Valued Contributor
jamesdwi
Posts: 1,965
Registered: ‎09-16-2011
0

Stay of Execution for my Cap1 cards

Got an email yesterday offering to upgrade my oldest account a CapOne card (57 months old) with 11.9% APR and a 2k CL  no AF to a Quicksilver card, clicked on the link and it took me to the change my card features page, that I have been trying off and on for years, finally it has something an offer to upgrade my card to the QuickSilver after I upgraded my oldest card and still no AF, I checked my other CapOne card (32 months old) and it was had the offer as well, it was already a rewards card but only 1%, and its 750 CL makes it nearly pointless to carry but its now a quicksilver card as well and they removed the AF as well which is the real reason it will live.

 

Even with the upgrades they are still denying my CLI requests via the luv button perhaps I will call up the EO for a CLI in a few months once my latest AP fest INQ's age a bit and I get my UTL a bit lower currently reporting at 18% will go a bit lower after my new CSP and Amtrak chase cards report.

 

 


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 & Delta Gold 6k & Zync NPSL, Sally Mae5k 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 12/15/2014
Frequent Contributor
LearningMoreAboutCredit
Posts: 472
Registered: ‎11-08-2007
0

Re: Stay of Execution for my Cap1 cards


jamesdwi wrote:

Got an email yesterday offering to upgrade my oldest account a CapOne card (57 months old) with 11.9% APR and a 2k CL  no AF to a Quicksilver card, clicked on the link and it took me to the change my card features page, that I have been trying off and on for years, finally it has something an offer to upgrade my card to the QuickSilver after I upgraded my oldest card and still no AF, I checked my other CapOne card (32 months old) and it was had the offer as well, it was already a rewards card but only 1%, and its 750 CL makes it nearly pointless to carry but its now a quicksilver card as well and they removed the AF as well which is the real reason it will live.

 

Even with the upgrades they are still denying my CLI requests via the luv button perhaps I will call up the EO for a CLI in a few months once my latest AP fest INQ's age a bit and I get my UTL a bit lower currently reporting at 18% will go a bit lower after my new CSP and Amtrak chase cards report.

 

 


Congrats on the 11th hour pardon...:smileysurprised:  When you do hear from the warden (EO), take no less than $3k as that is the min CL for no AF QS,



Any advice given is always YMMV...

Current FICOs: 730+ across the board | Goal: >760 FICO (1 down, 2 to go) | Total CLs: $59.8k/$60k Goal | Utilization: 14% | Last App: 05/01/2014 | INQ: EX: 10, EQ: 14, TU: 8, All Expire 06/2016; No Collections/Charge Offs/BK's | AAoA: 6yrs.
| All Reports Frozen!!! | No Apps til 12/2015 | Homeowner since: 06/28/13 | White Whales: CSP, Discover IT, Sallie Mae WMC
Valued Contributor
FinStar
Posts: 6,783
Registered: ‎10-21-2012
0

Re: Stay of Execution for my Cap1 cards

I would wait until things look more favorable since it appears you've had some recent credit activities and you may sell yourself a bit short with a CLI even by the EO.

Frequent Contributor
LearningMoreAboutCredit
Posts: 472
Registered: ‎11-08-2007
0

Re: Stay of Execution for my Cap1 cards


FinStar wrote:

I would wait until things look more favorable since it appears you've had some recent credit activities and you may sell yourself a bit short with a CLI even by the EO.


+1

 

Yeah, I think OP stated that was willing to wait until utilization is lower and new cards report for a few months.



Any advice given is always YMMV...

Current FICOs: 730+ across the board | Goal: >760 FICO (1 down, 2 to go) | Total CLs: $59.8k/$60k Goal | Utilization: 14% | Last App: 05/01/2014 | INQ: EX: 10, EQ: 14, TU: 8, All Expire 06/2016; No Collections/Charge Offs/BK's | AAoA: 6yrs.
| All Reports Frozen!!! | No Apps til 12/2015 | Homeowner since: 06/28/13 | White Whales: CSP, Discover IT, Sallie Mae WMC

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}