topic Re: Itching to app for another Cap One card in Credit Cards

Itching to app for another Cap One card

icyhot — Sun, 06 Sep 2015 00:23:12 GMT

But I won't. Checked the prequals for fun, the Platinum MC offers with a 22.9 APR turned into Venture and QS offers with a 17.9....given the increases I was given yesterday I may even be able to get a monster limit. But I'll refrain. I've gotten enough HPs this month. Back to the garden I go

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 00:39:53 GMT

Go for it! A $30K starting line is waiting for you.

Re: Itching to app for another Cap One card

icyhot — Sun, 06 Sep 2015 00:47:24 GMT

I doubt it. My reported income is $40K and I have a total exposure of $45500 once the increases report. I'm done

Re: Itching to app for another Cap One card

UncleB — Sun, 06 Sep 2015 00:47:27 GMT

@Anonymous wrote:
Go for it! A $30K starting line is waiting for you.

CAPTOOL is like the big brother saying, "Go for it, it's not that far... you can make it! Just JUMP already!!"

I do feel your pain, though. My Capital One offers are also at 17.9%... if I could ever get one of the really 'sweet' APRs I think I would have to pull the trigger as well. Until then we have the prequal tool to keep us in check. I'm thinking that in six more months or so the offers should be getting better!

We can do it!

Re: Itching to app for another Cap One card

Callandra — Sun, 06 Sep 2015 00:48:07 GMT

You can resist!!! YOU CAN DO IT!

(I'm the same way -- I want QS right now)

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 01:00:10 GMT

Same here but I heard on these forums that there is supposed to be a new cap1 card coming out this fall so I'm waiting to see what it is and if it's something I'm interested in I'll app for that and another venture.

Re: Itching to app for another Cap One card

BigBS — Sun, 06 Sep 2015 01:06:31 GMT

I just got my QS and Venture cards last month and checked the prequals and they are there again. Not sure it's worth the HPs.

Re: Itching to app for another Cap One card

UncleB — Sun, 06 Sep 2015 01:07:26 GMT

@Anonymous wrote:
Same here but I heard on these forums that there is supposed to be a new cap1 card coming out this fall so I'm waiting to see what it is and if it's something I'm interested in I'll app for that and another venture.

Yeah, I think it was jfriend33 that got some extra info from a Capital One CSR during a call. (I might be wrong; memory is fuzzy...)

It would be fantastic if the CSR's info turned out to be true! Even better if they allow us to PC an existing card to get it... whatever it might be!

(Speculation is fun... )

Re: Itching to app for another Cap One card

happypill — Sun, 06 Sep 2015 01:13:39 GMT

I never get any prequal from Capital One. It would be awesome if they come out with something new though. Hope that happens.

Re: Itching to app for another Cap One card

Broke_Triathlete — Sun, 06 Sep 2015 01:26:27 GMT

That'd be sweet if that's the case. I don't know if I need another Cap 1 card though.

Re: Itching to app for another Cap One card

UncleB — Sun, 06 Sep 2015 01:42:37 GMT

@Broke_Triathlete wrote:
That'd be sweet if that's the case. I don't know if I need another Cap 1 card though.

I actually know that I don't need another Capital One card, but if there was a new offer that was attractive enough, I would app for it and in six months I'd merge one of my existing Quicksilver cards into it. Even without some new 'great' offering, I'll still be merging my two existing cards after the holidays... when I have a chance to get another CLI on each of them.

I checked the 'merge' feature just today, and (surprisingly) it seems to work for me with no trouble (I've only been date-eligible for a few days, but I had been concerned that my QS1 being a previous HSBC/Orchard might hose things up). I canceled the transaction before I completed it, but at least I know that's one hurdle I won't have to deal with when the time comes.

Re: Itching to app for another Cap One card

Broke_Triathlete — Sun, 06 Sep 2015 01:45:40 GMT

@UncleB wrote:
@Broke_Triathlete wrote:
That'd be sweet if that's the case. I don't know if I need another Cap 1 card though.
+1

I actually know that I don't need another Capital One card, but if there was a new offer that was attractive enough, I would app for it and in six months I'd merge one of my existing Quicksilver cards into it. Even without some new 'great' offering, I'll still be merging my two existing cards after the holidays... when I have a chance to get another CLI on each of them.

I checked the 'merge' feature just today, and (surprisingly) it seems to work for me with no trouble (I've only been date-eligible for a few days, but I had been concerned that my QS1 being a previous HSBC/Orchard might hose things up). I canceled the transaction before I completed it, but at least I know that's one hurdle I won't have to deal with when the time comes.

I hear ya bud. I'd probably end up doing the same thing. Combining limits is how I got my $11.5 QS. I have a plan to not app until 2017 when my reports will be 100% clean (except for BR) and get a few other cards. However, if Cap 1 makes a product interesting enough I may app.

Re: Itching to app for another Cap One card

jawbrkr — Sun, 06 Sep 2015 17:55:58 GMT

@icyhot wrote:
But I won't. Checked the prequals for fun, the Platinum MC offers with a 22.9 APR turned into Venture and QS offers with a 17.9 ....given the increases I was given yesterday I may even be able to get a monster limit. But I'll refrain. I've gotten enough HPs this month. Back to the garden I go

How long did it take for that to happen? I am still waiting for mine to turn.

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 18:21:42 GMT

i am glad you're done. you impulsively app for everything lol.

Re: Itching to app for another Cap One card

UncleB — Sun, 06 Sep 2015 18:36:40 GMT

For me, apping wasn't as 'rewarding' back in the day, since most applications were done though the mail, and it took weeks to find out the answer.

CLIs were always done over the phone, or for a store card by getting the salesperson to phone for you, and it wasn't clear what would be a HP or SP because there was no instant access to credit bureau reports - it had to be assumed that all CLIs were HPs (back then, most folks weren't familiar with the terms HP or SP anyway).

Yep, the lack of "instant gratification" took much of the 'impulse' out of applying for cards, meaning most of us just applied for the accounts that we really wanted.

The "good 'ole days"... do I miss 'em? Nope, not at all!

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 18:43:51 GMT

@UncleB wrote:
For me, apping wasn't as 'rewarding' back in the day, since most applications were done though the mail, and it took weeks to find out the answer.

CLIs were always done over the phone, or for a store card by getting the salesperson to phone for you, and it wasn't clear what would be a HP or SP because there was no instant access to credit bureau reports - it had to be assumed that all CLIs were HPs (back then, most folks weren't familiar with the terms HP or SP anyway).

Yep, the lack of "instant gratification" took much of the 'impulse' out of applying for cards, meaning most of us just applied for the accounts that we really wanted.

The "good 'ole days"... do I miss 'em? Nope, not at all!

Hehe, when I got my first credit cards Fico scoring wasn't even yet a gleam in a coder's eye.

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 19:06:43 GMT

Be happy with what you want. I'll be the Big Brother that always tells you to stop and think what you're doing. Is the price worth it? No. You can't afford 3 more HPs at this time. No, no, no. Work with what you have now and grow your history. And build your Fico scores, so you won't have to settle for those outrageous APRs.

Focus on your scores and the offers for better or equally good cards will come. Don't do it.

Re: Itching to app for another Cap One card

Dw4250 — Sun, 06 Sep 2015 19:21:18 GMT

Icyhot- Looking at your lineup you could definitely do some consolidating/closing. I don't know the age of some of these cards, but if feasible I'd trim your card lineup down to 4-5 majors, then leave your wallet room to see if there's anything else you may/will want to app for.

Don't see much utility in a 3rd Cap One. If you want a big SL, down the road you could go for one of Chase co-branded products (ie Hyatt or Marriott).

As always don't apply out of boredom (speaking from experience lol!)

Good luck!

Re: Itching to app for another Cap One card

Anonymous — Sun, 06 Sep 2015 19:23:14 GMT

based on the original post it is apparent she apps out of boredom a ton. she will learn....

Re: Itching to app for another Cap One card

icyhot — Sun, 06 Sep 2015 20:12:12 GMT

@jawbrkr wrote:
@icyhot wrote:
But I won't. Checked the prequals for fun, the Platinum MC offers with a 22.9 APR turned into Venture and QS offers with a 17.9 ....given the increases I was given yesterday I may even be able to get a monster limit. But I'll refrain. I've gotten enough HPs this month. Back to the garden I go
How long did it take for that to happen? I am still waiting for mine to turn.

Maybe like a week after I paid off some super high balances and they finally reported