topic Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction in Credit Card Approvals

CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

Membersince2013 — Sun, 20 Jul 2014 11:38:41 GMT

They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

nachoslibres — Sun, 20 Jul 2014 11:50:53 GMT

@Membersince2013 wrote:
They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.

Take the offer and get your balances down. Call back after 7 months and see if they can reduce it again. Like you said, C1 has high APRs, and honestly any reward card is going to. Else you might need to go to a different bank/CU if you want a card with lower interest.

Also, and don't think I'm trying to sound mean, but rich people don't carry balances. And it isn't because they necessarily make a lot of money, it's because they know carrying balances on high interest credit cards is detrimental to their financial well being.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

Membersince2013 — Sun, 20 Jul 2014 11:57:32 GMT

@nachoslibres wrote:
@Membersince2013 wrote:
They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.
Take the offer and get your balances down. Call back after 7 months and see if they can reduce it again. Like you said, C1 has high APRs, and honestly any reward card is going to. Else you might need to go to a different bank/CU if you want a card with lower interest.

Also, and don't think I'm trying to sound mean, but rich people don't carry balances. And it isn't because they necessarily make a lot of money, it's because they know carrying balances on high interest credit cards is detrimental to their financial well being.

I took the offer already. Also, i don't carry a balance of any of my cards without a 0% APR. The only card i have a balance on is my ventureOne with 0% APR for a year ($285 lol). I'm just applaud that Capitol gives really high APRs. My other APRs run from 12.99% to 16.99%.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

nachoslibres — Sun, 20 Jul 2014 12:06:21 GMT

@Membersince2013 wrote:
@nachoslibres wrote:
@Membersince2013 wrote:
They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.
Take the offer and get your balances down. Call back after 7 months and see if they can reduce it again. Like you said, C1 has high APRs, and honestly any reward card is going to. Else you might need to go to a different bank/CU if you want a card with lower interest.

Also, and don't think I'm trying to sound mean, but rich people don't carry balances. And it isn't because they necessarily make a lot of money, it's because they know carrying balances on high interest credit cards is detrimental to their financial well being.
I took the offer already. Also, i don't carry a balance of any of my cards without a 0% APR. The only card i have a balance on is my ventureOne with 0% APR for a year ($285 lol). I'm just applaud that Capitol gives really high APRs. My other APRs run from 12.99% to 16.99%.

That's just how they are. It seems on these boards that C1 is not as highly regarded as some of the other banks. I personally haven't dealt with them as they don't have any products I would care for.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

MT936 — Sun, 20 Jul 2014 13:35:18 GMT

Congrats on the nice new imit

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

coldnmn — Sun, 20 Jul 2014 18:07:05 GMT

Congrats! Thanks for sharing.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

-Wade- — Sun, 20 Jul 2014 19:06:25 GMT

Congrats on your CLI

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

Tony275 — Sun, 20 Jul 2014 19:31:07 GMT

Congrats on the CLI!

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

gdale6 — Sun, 20 Jul 2014 20:45:31 GMT

@Membersince2013 wrote:
They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.

Grats on your CLI Contact the EO on the reductions to your interest rate, forget the frontline CSRs on that,

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

pip3man — Sun, 20 Jul 2014 20:55:41 GMT

u think 22.90% is high hahaha ask me about mine currently at 24.90%. Now welcome to my world lol

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

Membersince2013 — Mon, 21 Jul 2014 01:34:15 GMT

@pip3man wrote:
u think 22.90% is high hahaha ask me about mine currently at 24.90%. Now welcome to my world lol

Depending on the account balance, 22.90% and 24.90% are almost the same. The different is miniscule lol. So, we're basically in the same boat.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

Kenny — Mon, 21 Jul 2014 11:12:38 GMT

@Membersince2013 wrote:
They finally gave me a small nice CLI boost, but the APR is still brutal. I'm not rich, so i might carry a balance here and there, so i like the feeling of having low APRs around the board. An APR of 22.90% seems way too high to me. All the cards i have with them have my highest APRs. Quicksilver (PCd from Platinum, which was my second card EVER) - 22.70% and VentureOne - 20.9%, after the 1 year offer expires. I'd like to know who to call for help. The chat SR only offerred 18.99% for 7 months.

Congratulations on your CLI! Thanks for sharing.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

MissMoni223 — Mon, 21 Jul 2014 14:09:59 GMT

CONGRATS on your CLI!!! The good side is that they offered you a reduced APR, even if it is only for 7 months, call back after that time and request another reduction. The EO was good about reducing the APR on 1 of my cards with no problems.

Re: CapOne finally auto CLI my Student Journey card from $750 to $2250 but denied APR reduction

alvon123 — Mon, 21 Jul 2014 22:38:06 GMT

congrats