Well, Cap One, it was fun while it lasted

[Anonymous]

Wont get into my experience but this was how it felt to close Cap One for me  Congrats

[chalupaman]

RIP to your Captain One card.

It will not be missed.

[ecxpa]

I have a lot of Cap 1 cards and don't care about bashing them but I'll probably be dumping them by the end of the year.   I feel like  the majority of Cap 1 holders have the same dreaded AF attached to their cards that I do and it has gotten old.  There is one thing I will say against Cap 1 is that the card doesn't grow.  Other's have reported growth but in most comparisons it is still stagnant or poor growth.   I mean going from 1k to 5k in five years is poor growth to me.  They seem to target good folks who have made mistakes in the past and they give you a chance but then hold you back with AF's and little or no CLI's.  After the credit steps program you can forget about auto CLI.  The EO was a good tool at one time but it looks like from the post I see here they are becoming less responsive.    They are doing fine I am sure, but would do much better if they would treat loyal customers as such.   So many are hesitant to close the card because they really appreciate the chance Cap 1 gave them.........Cap 1 should be more sensitive to this fact.

[TiggerDat]

I like and don't like them.  They helped in my rebuild, but they were not the first card I had in it.  That would have been Merrick.  And there is a bit of love and hate by others with them too!  I had to axe my Merrick Bank card when they wouldn't remove the AF or give my deposit back. 

I had to fight with CapOne to get my AF removed on my first card with them.  They said no, I said go at the two year mark.  When the two year mark came on my second card with them they seemed a bit more willing to do so.  They still wouldn't increase my limit though, I had to go the EO route twice for that.  And yeah, I do agree the EO route is becoming harder, probably because of this forum and how we have used it to get results which should't have been so hard to get.  I too will at some point close my second card I got with them, or they will when it has been sitting unused for a while.  I actually now have three cards with them.  One of the original two, one old HSBC card, and a Signature card.  I want to keep the HSBC card and the Signature card.  I like how the old HSBC, once it was converted, gave different account numbers for each authorized user.  

Congrats on the closure.  Because seriously, after 17 years and such a low limit, that speaks volumes about CapOne and how much they appreciate customers.  I can't even imagine why they didn't try to do something to retain you.

[wacdenney]

17 years to go from $300 to $2.5k??!?  WOW!! 

Crap1...  Keepin it classy!

[Ysettle4]

Very good points and reasons as to why I closed it:

They would not waive the AF

Only grew $2,200 over a 17 year span

Had no "offers" to upgrade me

Obviously, it didn't grow with me..

@taxi818, AAoA takes into account any account, opened or closed and it will report for another 10 years. By that time, my other cards would have been 10+ old so no worries there.

[Anonymous]

I may end up closing my Visa QS later this year when my EQ cleans up its act. Then ill app for a venture for signup bonus.