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Any Suggestions! !! Credit Help

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Anonymous
Not applicable

Any Suggestions! !! Credit Help

So I was approved for the Buypower Capital One card, which is owned by GM.. I decided to go for the offer because the benefits are just like the

World Elite card.. 2nd I applied for Credit One Bank and got a mesley $300 CL. I would like to know if since I was given a CL of $750 on my  Buypower offer should I just transfer the $300 from Credit One bank to the CP1 Buypower,  since I've already took an inquiry hit and then close the credit one bank since it will still post good standing for another 10yrs? If i should close it how long should I wait before doing so?

Message 1 of 6
5 REPLIES 5
myjourney
Super Contributor

Re: Any Suggestions! !! Credit Help

kaykay .....Lol

The GM card is backed by Cap1 so I'd like to see you shift the credit one limit over to Cap1 

Let me know how that works out for you

SMH

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 6
Anonymous
Not applicable

Re: Any Suggestions! !! Credit Help


@myjourney wrote:

kaykay .....Lol

The GM card is backed by Cap1 so I'd like to see you shift the credit one limit over to Cap1 

Let me know how that works out for you

SMH


In fairness, the Credit One logo is deceptively similar to the Cap One logo. 

Message 3 of 6
Anonymous
Not applicable

Re: Any Suggestions! !! Credit Help

Yes.. I know.. I CP1 accounts.. i was just not wanting to close the Credit One instead see if I was able to transfer. 


@myjourney wrote:

kaykay .....Lol

The GM card is backed by Cap1 so I'd like to see you shift the credit one limit over to Cap1 

Let me know how that works out for you

SMH


 

Message 4 of 6
myjourney
Super Contributor

Re: Any Suggestions! !! Credit Help


@Anonymous wrote:

Yes.. I know.. I CP1 accounts.. i was just not wanting to close the Credit One instead see if I was able to transfer. 


@myjourney wrote:

kaykay .....Lol

The GM card is backed by Cap1 so I'd like to see you shift the credit one limit over to Cap1 

Let me know how that works out for you

SMH


 


Ok we lost you sorry 

2 different lenders so there's no transfer possible ...sorry 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 5 of 6
RonM21
Valued Contributor

Re: Any Suggestions! !! Credit Help

Would be nice to be able to do though!


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 6 of 6
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