topic Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured? in Credit Cards

Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

App_Addict — Fri, 06 Feb 2015 15:20:47 GMT

I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Anonymous — Fri, 06 Feb 2015 15:22:30 GMT

@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.

Won't happen with EQ frozen.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

juggalo9er — Fri, 06 Feb 2015 15:23:01 GMT

@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.

i closed mine with a 0 balance, took 1.5 weeks for return of dep 10 days

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

juggalo9er — Fri, 06 Feb 2015 15:24:02 GMT

@Anonymous wrote:
@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.
Won't happen with EQ frozen.

you can do it with any 1 frozen

2 requires awesome scores....possible not probable

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Creditaddict — Fri, 06 Feb 2015 15:24:54 GMT

@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.

They don't have a 2 card rule when you have different products.

I would check the pre-qual online and if you are getting offers you are good to apply.

but still call and close the secured.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Anonymous — Fri, 06 Feb 2015 15:26:33 GMT

@juggalo9er wrote:
@Anonymous wrote:
@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.
Won't happen with EQ frozen.
you can do it with any 1 frozen
2 requires awesome scores....possible not probable

EQ Frozen is DOA with Capital One in most cases just like EX Frozen would be DOA with BoA or AMEX.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

juggalo9er — Fri, 06 Feb 2015 15:27:10 GMT

this tells me i need sleep, i thought op was asking about how long dep takes to get returned

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Creditaddict — Fri, 06 Feb 2015 15:29:17 GMT

@Anonymous wrote:
@juggalo9er wrote:
@Anonymous wrote:
@App_Addict wrote:
I have had a Cap. One Secured card for about a year and want to close before the AF. I would like to reapp for another unsecured (have a QS1 that is a couple of months old.) How long do I have to wait to be able to go for another, knowing they have a 2 card rule for the lower end cards.
Won't happen with EQ frozen.
you can do it with any 1 frozen
2 requires awesome scores....possible not probable

EQ Frozen is DOA with Capital One in most cases just like EX Frozen would be DOA with BoA or AMEX.

right, sorry I forgot that part... you can't get cap1 with frozen eq, "Sometimes" you can sneak through with a frozen TU or EX but not EQ!

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

App_Addict — Fri, 06 Feb 2015 15:51:38 GMT

Thanks, guess I will cancel prior to AF and just wait until my scores get a little higher to go for other cards (not a second Cap. One) since I have no desire to unfreeze Eq.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Josh611 — Fri, 06 Feb 2015 16:04:24 GMT

@App_Addict wrote:
Thanks, guess I will cancel prior to AF and just wait until my scores get a little higher to go for other cards (not a second Cap. One) since I have no desire to unfreeze Eq.

Why not just get them to refund/remove the AF?

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

Anonymous — Fri, 06 Feb 2015 16:05:06 GMT

@Josh611 wrote:
@App_Addict wrote:
Thanks, guess I will cancel prior to AF and just wait until my scores get a little higher to go for other cards (not a second Cap. One) since I have no desire to unfreeze Eq.
Why not just get them to refund/remove the AF?

They will not do this on a secured card.

Re: Closing Cap. 1 Secured Card, how long to wait to app for unsecured?

App_Addict — Fri, 06 Feb 2015 16:09:22 GMT

Yeah I didn't think they would. It has served it purpose I suppose. I will be PC the QS1 after my 5th month or so.