Reply
Established Contributor
Posts: 597
Registered: ‎10-27-2007
0

Re: need to vent about crapital one

You gotta use the card.  Usage is a big thing with them and I am willing to bet that increased usage (along with timely payments and not going over the limit) will increase anyone's chances of receiving a cli from them.
I would really like to purchase a new Millineum Falcon with my WAMU (oops Chase card)!!!! But first I need a decent credit limit.
Frequent Contributor
Posts: 309
Registered: ‎01-24-2008
0

Re: need to vent about crapital one



landocalrissian wrote:
You gotta use the card.  Usage is a big thing with them and I am willing to bet that increased usage (along with timely payments and not going over the limit) will increase anyone's chances of receiving a cli from them.





It sounds like you've done well with them, if you don't mind my asking (and we all seem to be good about allowing nosiness), do you use a large portion of your CL with them? Thanks to Sylvia, I think I have a good idea about the heavy-duty impact going OL with them can have, but what about running balances up higher on them and then paying them down?

With a $500 limit, it restricts what I can do with them but if they will respond more favorably to usage, then I suppose that's what I need to do. I'm just curious about what kind of usage will make a difference (apparently my little $5.00 charges didn't thrill them all that much!! lol!)

Starting Score: EQ 622, TU 676, EX 643 (mtg lender pulls) 2/1/12
Current Score: EQ 743, TU 775 (6/18 MyFico), EX 722 (per CITI approval letter 6/29/12 pull)
Goal Score: New goal: 760+ on all 3


Take the FICO Fitness Challenge
Established Contributor
Posts: 597
Registered: ‎10-27-2007
0

Re: need to vent about crapital one

[ Edited ]
Well, I do use Cap1 regularly and I try to pay off my balance by the due date.  My balance right now on my 1600 dollar limit card is zero.  On my other card (limit=1100 dollars), the balance is at $317; I paid 170 dollars on that balance today and that card will be at a zero balance by Monday of next week.  I plan to let the cards marinate for awhile and then in two months I plan to ask for a CLI on the card that is at the 1100 dollar limit.


Message Edited by landocalrissian on 03-11-2008 02:43 PM

Message Edited by landocalrissian on 03-11-2008 02:44 PM
I would really like to purchase a new Millineum Falcon with my WAMU (oops Chase card)!!!! But first I need a decent credit limit.
Member
Posts: 14
Registered: ‎02-22-2008
0

Re: need to vent about crapital one

Cap one is messed up, First they closed my account, then they charged me a membership fee on a closed account with a zero balance.  So I called them on it and they said the account was open but it had a restriction on it and I can not use the card.  I told them I was looking at the letter saying the account is closed, they said they never sent a letter.  I said I was looking at the letter and read it to them.  They still say they never sent out the letter.  So as it stands I have a zero balance with a sort of closed card, cant us it have 1000 available balance, and a letter saying it is closed.  HUH go figure.  On my CR it says I have an open account this was over 5 months ago.
Established Member
Posts: 20
Registered: ‎01-05-2008
0

Re: need to vent about crapital one

i'm with the OP on this one! they continue to send me BT offers and convenience checks, and the offers would be good if i didn't have a measly $800 CL. a couple of months ago they sent me a letter saying that i deserve more from my account, and offered a number to call for an 'upgrade'. when i called the number they offered me 'rewards', which i said i would not be able to take advantage of on a card w/ an $800 limit. i said i would never use the card again if the limit was not raised... the CSR said she would check into it and a week later i received a letter telling me that the particular card that i have is not eligible for a CLI. what a waste of time. i'll continue to use my cards w/ 4-5 digit limits. funny thing is that if i were to apply now, i could probably get their top card offering... they need to learn to grow with their customers.
Established Contributor
Posts: 597
Registered: ‎10-27-2007
0

Re: need to vent about crapital one



ragtag wrote:
i'm with the OP on this one! they continue to send me BT offers and convenience checks, and the offers would be good if i didn't have a measly $800 CL. a couple of months ago they sent me a letter saying that i deserve more from my account, and offered a number to call for an 'upgrade'. when i called the number they offered me 'rewards', which i said i would not be able to take advantage of on a card w/ an $800 limit. i said i would never use the card again if the limit was not raised... the CSR said she would check into it and a week later i received a letter telling me that the particular card that i have is not eligible for a CLI. what a waste of time. i'll continue to use my cards w/ 4-5 digit limits. funny thing is that if i were to apply now, i could probably get their top card offering... they need to learn to grow with their customers.


Well for the time being, they are growing with me. I am playing their game.
I would really like to purchase a new Millineum Falcon with my WAMU (oops Chase card)!!!! But first I need a decent credit limit.
Contributor
Posts: 96
Registered: ‎03-11-2008
0

Re: need to vent about crapital one

I'm with Lando, C1 is one of my better cards. As I said in a previous post, I've had the card for a year and they increased my cl twice,the second time was a 2000 increase. Theywere also more than willing to lower my interest rate.
 
I've heard that with C1 you're not likely to get a increase upon request. I don't know for sure, I've never tried.
Manga is food for my soul. :smileyhappy:
Senior Contributor
Posts: 4,596
Registered: ‎09-14-2007
0

Re: need to vent about crapital one

Michelle, I suggest you call and talk to an account specialist about this. Call their backdoor number:

800-889-9939

or their Customer Relations Dept: 800-951-6951

Have that letter and your statement showing the A/F in front of you when you talk to them.

If you don't get satisfaction from the numbers you call, ask who can you direct me to to help me on this. Don't take no for an answer.

Good luck to you, and let us know how it turns out. :smileyhappy:
"Never ever, ever be late. Never" (FUTR)
Contributor
Posts: 139
Registered: ‎11-14-2007
0

Re: need to vent about crapital one

THEY ARE THE WORST RIGHT NOW!
 
 
EQ N/A
EXP- 692
TU- 673 3/10/08br>
Established Contributor
Posts: 597
Registered: ‎10-27-2007
0

Re: need to vent about crapital one

Well, it appears that with Capital One, your mileage may vary.
I would really like to purchase a new Millineum Falcon with my WAMU (oops Chase card)!!!! But first I need a decent credit limit.
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.

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.