Yeah, a lot of people get upset with Capital for not giving many CLI's on their sub-prime cards but you can always cancel it and re-apply for one of their cards that will grow with you? I signed up for Cap 1 not expecting them to give CLI's as I'm using them for building only, I guess that helps me to not get so upset when I don't see any love from them 
Starting Score: TU 652- EQ 658 - EX 668
This is just my view on it, no evidence to really support it, but it seems like the Cap 1 No Hassle/Platinum cards are builder cards and just that. They're designed to not offer high CL's and have fair AF"s. In my opinion, it's Cap 1's way of being able to cater to the rebuilding/building people such as myself and offer cards to people with not so desireable scores. They do this as well as offer generally friendly customer service and decently laid out on-line account access.
I would think that it would be easier to designate a couple of card 'classes' to being builder cards only and keeping them seperate from their 'prime' cards than to offer a No Hassle's card that can graduate to a 5 digit CL. I think that because the builder cards are Cap One branded, and Cap One offers prime cards, people get more upset with them for not granting higher CL's as easily on the NH and Plat. cards... basically that they won't 'graduate' a builder card to a prime card.
Again, that's just my opinion and really has no merit I can see why you would be upset with them for not offering a new card without another hard pull but I'm sure there are many people here on the boards that started out with low scores who are in the 700/800's club now and had to go through several hard pulls as they went from builder to prime time status.
@LS1 wrote:This is just my view on it, no evidence to really support it, but it seems like the Cap 1 No Hassle/Platinum cards are builder cards and just that. They're designed to not offer high CL's and have fair AF"s. In my opinion, it's Cap 1's way of being able to cater to the rebuilding/building people such as myself and offer cards to people with not so desireable scores. They do this as well as offer generally friendly customer service and decently laid out on-line account access.
I would think that it would be easier to designate a couple of card 'classes' to being builder cards only and keeping them seperate from their 'prime' cards than to offer a No Hassle's card that can graduate to a 5 digit CL. I think that because the builder cards are Cap One branded, and Cap One offers prime cards, people get more upset with them for not granting higher CL's as easily on the NH and Plat. cards... basically that they won't 'graduate' a builder card to a prime card.
Again, that's just my opinion and really has no merit
I got the Cap 1 card my 3rd year in college. My credit was just starting to build. So I guess the card served its purpose.
@DI wrote:
I got the Cap 1 card my 3rd year in college. My credit was just starting to build. So I guess the card served its purpose.
Def. looks like it has judging by the posts I've seen you make . I look forward to the day when I close out at least one of the two cards I currently have with them, two AF's wouldn't be worth it once I'm mid-700's. I am thankful that I have them at the moment however as they are a great way to get to the next level.
For the OP, when does your next AF hit? If it were me, I would wait until just before the AF and call in to cancel to get those extra few months of reporting with the CRA's at the end of the 10 years while it's on your reports.