Reply
New Contributor
noncontrol
Posts: 75
Registered: ‎02-01-2012

cap 1 to keep or let go?

Right now I have had the capital one card for years probably since 2005. Its got an annual 19 dollars. I closed on my house a few months ago and then apped for a chase freedom 3000 a discover 4000 and boa 2800 plus 5/3 homeowners 500 none of them have annual fees could I cancel the cap one and apply for something else through cap1 or just give cap1 up in general. Chase freedom will probably be my go to card for awhile . Thanks for any ideas.
Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: cap 1 to keep or let go?

Congrats on your approvals

Valued Contributor
p-
Posts: 2,539
Registered: ‎06-05-2008

Re: cap 1 to keep or let go?


noncontrol wrote:
Right now I have had the capital one card for years probably since 2005. Its got an annual 19 dollars. I closed on my house a few months ago and then apped for a chase freedom 3000 a discover 4000 and boa 2800 plus 5/3 homeowners 500 none of them have annual fees could I cancel the cap one and apply for something else through cap1 or just give cap1 up in general. Chase freedom will probably be my go to card for awhile . Thanks for any ideas.

Why not PC to another Capital 1 card?  Keep your old account for free.  Try the online chat rep on the cap1 site, tell them you want rewards, no af, and ask if the have any offers for you.  Then, hit them up for a soft-pull CLI.  If that doesn't get you there, go the exec route.  Worked for me!

  2-13-14: FICO EXP: 779 - EQU: 742 - TRAN: 765 - AVG: 762 - +212 points from JUN 2008 - MY CREDIT JOURNAL

Established Contributor
CribDuchess
Posts: 591
Registered: ‎09-12-2011

Re: cap 1 to keep or let go?

Congratulations on your new home purchase as well as your new credit cards!

 

I've had my Cap1 Plat Visa since 2004 and it was stuck at a $1,300 limit.  Called in for a CLI a couple of weeks ago - was declined.  Kept reading on here about the Capital One executive office and how they were granting CLIs and even PCs.  I called the Exec Office on Friday, Oct 26th and requested a CLI from $1,300 to $8,000.  By the following Tuesday morning, Oct 30th, I logged into my Cap1 account online and saw my new CL was $8,000!!  I was pleasantly surprised.  :smileysurprised:

 

I recommend you try getting a CLI and a PC if you so desire.  Lots of people seem to be having success with this lately - myself included.  You have nothing to lose.  Good luck!!

FICOs: TU08 841 6/3/14 per Wally; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 810 6/10/14; EX 805 6/12/14 per MyFICO

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex Costco TE $15K; Amex BCE $12K; BofA Visa $10.1K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom MC $7.5K; Citi Simplicity Visa $15.1K; Discover IT $22.5K; Sallie Mae WMC $12.5K; US Bank Cash+ Visa Sig $20K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Established Contributor
sccredit
Posts: 774
Registered: ‎09-14-2012

Re: cap 1 to keep or let go?

Off topic but Credit and p- how do you guys do your sigs?

Mortgage $296k/$310k
Autos Loans $29k
Unsecured Lines $167.2k

Discover FICO 757
DCU FICO 744

Valued Contributor
p-
Posts: 2,539
Registered: ‎06-05-2008

Re: cap 1 to keep or let go?


sccredit wrote:

Off topic but Credit and p- how do you guys do your sigs?


Sent you a PM

  2-13-14: FICO EXP: 779 - EQU: 742 - TRAN: 765 - AVG: 762 - +212 points from JUN 2008 - MY CREDIT JOURNAL

Valued Contributor
p-
Posts: 2,539
Registered: ‎06-05-2008

Re: cap 1 to keep or let go?


p- wrote:

noncontrol wrote:
Right now I have had the capital one card for years probably since 2005. Its got an annual 19 dollars. I closed on my house a few months ago and then apped for a chase freedom 3000 a discover 4000 and boa 2800 plus 5/3 homeowners 500 none of them have annual fees could I cancel the cap one and apply for something else through cap1 or just give cap1 up in general. Chase freedom will probably be my go to card for awhile . Thanks for any ideas.

Why not PC to another Capital 1 card?  Keep your old account for free.  Try the online chat rep on the cap1 site, tell them you want rewards, no af, and ask if the have any offers for you.  Then, hit them up for a soft-pull CLI.  If that doesn't get you there, go the exec route.  Worked for me!


The steps for an executive CLI or PC are listed HERE.

  2-13-14: FICO EXP: 779 - EQU: 742 - TRAN: 765 - AVG: 762 - +212 points from JUN 2008 - MY CREDIT JOURNAL


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
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+