topic Re: Cap1 sent me a Platinum MasterCard mailer Why? in Credit Card Applications

Cap1 sent me a Platinum MasterCard mailer Why?

Anonymous — Thu, 23 Jul 2020 01:28:42 GMT

So Cap1 sent me a Platinum MasterCard mailer. I also don't understand why when awhile ago they said they were not going to focus on trying to get new customers? I figure they would accept applications but not send out pre-qulified mailers.

No, I'm not going to apply since it's a junk pointless card but still it's curious why they are sending them out.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

Jnbmom — Thu, 23 Jul 2020 02:24:54 GMT

Credit issuers aren't going to stop their marketing of junk mail they send out.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

M_Smart007 — Thu, 23 Jul 2020 01:34:20 GMT

@Jnbmom wrote:
Credit issuers aren't going to stop their marketing junk mail they send out.

Nailed It!

Re: Cap1 sent me a Platinum MasterCard mailer Why?

AverageJoesCredit — Thu, 23 Jul 2020 01:48:46 GMT

Sometimes a mailer is just a mailer. You just happen to meet the requirements that this mailer fit .

Re: Cap1 sent me a Platinum MasterCard mailer Why?

AverageJoesCredit — Thu, 23 Jul 2020 01:50:22 GMT

Also to add, with only 2 credit cards, you are a perfect fit for A Capitol One product. They may feel you are in need of more credit.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

Anonymous — Thu, 23 Jul 2020 03:46:58 GMT

@AverageJoesCredit wrote:
Also to add, with only 2 credit cards, you are a perfect fit for A Capitol One product. They may feel you are in need of more credit.

They had a chance back in October and said No.

If this was a Saver One or something I'd might consider it. But seriously who would want to take a triple pull for a entry level cap1 card with no cash back and higher APR then the cards you already have with mid 700 scores? Kind of a joke IMO. The discover offer i was given awhile ago was miles better then this.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

AverageJoesCredit — Thu, 23 Jul 2020 12:22:37 GMT

@Anonymous wrote:
@AverageJoesCredit wrote:
Also to add, with only 2 credit cards, you are a perfect fit for A Capitol One product. They may feel you are in need of more credit.
They had a chance back in October and said No.

If this was a Saver One or something I'd might consider it. But seriously who would want to take a triple pull for a entry level cap1 card with no cash back and higher APR then the cards you already have with mid 700 scores? Kind of a joke IMO. The discover offer i was given awhile ago was miles better then this.

Unfortunately, alot of people. Just look at this forum athow many people have Cap One cards with/ without rewards who are always trying to upgrade etc. I myself wouldnt tske 3 hps for any Cap One product becsuse i know better based off what ive learned here, that and trying to get a cli is like pulling teeth lol, but seeing as Cap One normally will approve almost anyone, people will always go for one regardless of reward structure since i guess it beats going the Credit One route.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

gorgon — Thu, 23 Jul 2020 12:40:30 GMT

And you could possibly PC it to a Quicksilver and get 1.5% CB.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

KLEXH25 — Thu, 23 Jul 2020 17:44:03 GMT

@Anonymous wrote:
@AverageJoesCredit wrote:
Also to add, with only 2 credit cards, you are a perfect fit for A Capitol One product. They may feel you are in need of more credit.
They had a chance back in October and said No.

If this was a Saver One or something I'd might consider it. But seriously who would want to take a triple pull for a entry level cap1 card with no cash back and higher APR then the cards you already have with mid 700 scores? Kind of a joke IMO. The discover offer i was given awhile ago was miles better then this.

Some people just don't know any better. I didn't know anything about the card when I applied, trying to get my foot back into the credit world. It suited my needs until I found better cards (& this forum). But you can't blame Capital One for trying. That's their job.

Re: Cap1 sent me a Platinum MasterCard mailer Why?

Mr_Mojo_Risin — Thu, 23 Jul 2020 21:20:01 GMT

@KLEXH25 wrote:
@Anonymous wrote:
@AverageJoesCredit wrote:
Also to add, with only 2 credit cards, you are a perfect fit for A Capitol One product. They may feel you are in need of more credit.
They had a chance back in October and said No.

If this was a Saver One or something I'd might consider it. But seriously who would want to take a triple pull for a entry level cap1 card with no cash back and higher APR then the cards you already have with mid 700 scores? Kind of a joke IMO. The discover offer i was given awhile ago was miles better then this.
Some people just don't know any better. I didn't know anything about the card when I applied, trying to get my foot back into the credit world. It suited my needs until I found better cards (& this forum). But you can't blame Capital One for trying. That's their job.

This was me also. It was my first CC in 23 years. Got the card and then found this amazing forum. I PC'ed it to a Quicksilver after 100 days, so not to bad except for low SL.