topic Re: Capital One Credit Line Consolidation LINK IS BACK UP!!! in Credit Cards

Capital One Card Consolidation

baller4life — Wed, 09 Dec 2015 14:07:28 GMT

Ok so I read last night on another site that combining limits is now available through CSR. So, I called to inquire. NOT YET. This is apparently a big thing currently at Capital One and according to person I spoke to, they are making big preparations for it. They had hoped it would be available by now. But are shooting for the next month or two. But definitely by end of year. You will see it online once it goes live and can do all your combining right there under your account. Pretty freaking awesome. So everybody hold on to all your Cap One cards for now.

UPDATE: Currently available online!!

7/8/15 UPDATE: Online link has been removed. Hopefully to fix any bugs.

7/17/15 UPDATE: Link is back up folks!

10/29/15 UPDATE: And link has disappeared again folks.

11/2/15 UPDATE: Link is back again!

Re: Capital One Combining Limits By End of Year

jamesdwi — Tue, 07 Jul 2015 14:29:11 GMT

@baller4life wrote:
Ok so I read last night on another site that combining limits is now available through CSR. So, I called to inquire. NOT YET. This is apparently a big thing currently at Capital One and according to person I spoke to, they are making big preparations for it. They had hoped it would be available by now. But are shooting for the next month or two. But definitely by end of year. You will see it online once it goes live and can do all your combining right there under your account. Pretty freaking awesome. So everybody hold on to all your Cap One cards for now.

dare to dream... $18,250 CL on a 11.9% APR card... with BT deals from time to time.. :-)

Re: Capital One Combining Limits By End of Year

Broke_Triathlete — Tue, 07 Jul 2015 14:30:46 GMT

@baller4life wrote:
Ok so I read last night on another site that combining limits is now available through CSR. So, I called to inquire. NOT YET. This is apparently a big thing currently at Capital One and according to person I spoke to, they are making big preparations for it. They had hoped it would be available by now. But are shooting for the next month or two. But definitely by end of year. You will see it online once it goes live and can do all your combining right there under your account. Pretty freaking awesome. So everybody hold on to all your Cap One cards for now.

That would be awesome!

Re: Capital One Combining Limits By End of Year

msbia — Tue, 07 Jul 2015 14:31:35 GMT

@baller4life wrote:
Ok so I read last night on another site that combining limits is now available through CSR. So, I called to inquire. NOT YET. This is apparently a big thing currently at Capital One and according to person I spoke to, they are making big preparations for it. They had hoped it would be available by now. But are shooting for the next month or two. But definitely by end of year. You will see it online once it goes live and can do all your combining right there under your account. Pretty freaking awesome. So everybody hold on to all your Cap One cards for now.

Umm..hmmm..thanks for the confirmation. That's why I advised CC not to close the other two cards last week, hope he didn't! Looking forward to my $31k CL!

Re: Capital One Combining Limits By End of Year

baller4life — Tue, 07 Jul 2015 14:34:04 GMT

Pretty sweet. Now I know what I'm doing with my Venture lol.

Re: Capital One Combining Limits By End of Year

savingmoney87 — Tue, 07 Jul 2015 14:36:55 GMT

I'm so excited!!!!!!!!!!!!!!!!!!!!!!!!!! I can't wait it's about time.

Re: Capital One Combining Limits By End of Year

Anonymous — Tue, 07 Jul 2015 14:38:10 GMT

Woo hoo!

Re: Capital One Combining Limits By End of Year

kdm31091 — Tue, 07 Jul 2015 14:39:29 GMT

Won't benefit me as I only have one card with them but this is good news, anyway. It's something all companies should offer, IMO.

Re: Capital One Combining Limits By End of Year

Broke_Triathlete — Tue, 07 Jul 2015 14:42:17 GMT

I've never combined a card before... what does the credit report look like to the account that is no longer being used? Just the standard "closed and paid" remark?

Re: Capital One Combining Limits By End of Year

baller4life — Tue, 07 Jul 2015 14:43:55 GMT

@Broke_Triathlete wrote:
I've never combined a card before... what does the credit report look like to the account that is no longer being used? Just the standard "closed and paid" remark?

Yep

Re: Capital One Combining Limits By End of Year

msbia — Tue, 07 Jul 2015 14:49:09 GMT

@baller4life wrote:
Pretty sweet. Now I know what I'm doing with my Venture lol.

Right! My questions are only, will you have to have each card X amount of time before combining limits and what about APR? Could you combine onto the lowest APR card or would the company make that decision? It will be interesting watching this unfold.

Re: Capital One Combining Limits By End of Year

kdm31091 — Tue, 07 Jul 2015 14:51:04 GMT

@msbia wrote:
@baller4life wrote:
Pretty sweet. Now I know what I'm doing with my Venture lol.
Right! My questions are only, will you have to have each card X amount of time before combining limits and what about APR? Could you combine onto the lowest APR card or would the company make that decision? It will be interesting watching this unfold.

Most, though not all, issuers make you wait some time before combining limits (to avoid churning).

Usually, if a company combines limits, it's your choice as to which card and therefore APR. But many issuers do a HP to avoid overuse of the feature, though who knows if Capital One will be one of them.

We won't know until we hear an official statement from them and some experience.

Re: Capital One Combining Limits By End of Year

Shooting-For-800 — Tue, 07 Jul 2015 14:53:39 GMT

Wow. This would be fantastic for me.

They are a strange bunch. They treat me like a king and I am very happy and loyal but they have some weird formulas and policies.

How does it make any sense to deny someone a credit line increase on a card they use every day and pay every week and then give them a $10k siggy after they close the previous card are apply for a new one?

Oh well, I will play the game.

Looking forward to a $50k cc!

Re: Capital One Combining Limits By End of Year

msbia — Tue, 07 Jul 2015 14:54:40 GMT

@kdm31091 wrote:
@msbia wrote:
@baller4life wrote:
Pretty sweet. Now I know what I'm doing with my Venture lol.
Right! My questions are only, will you have to have each card X amount of time before combining limits and what about APR? Could you combine onto the lowest APR card or would the company make that decision? It will be interesting watching this unfold.
Most, though not all, issuers make you wait some time before combining limits (to avoid churning).

Usually, if a company combines limits, it's your choice as to which card and therefore APR. But many issuers do a HP to avoid overuse of the feature, though who knows if Capital One will be one of them.

We won't know until we hear an official statement from them and some experience.

Exactly why I posed that question, Chase doesn't make you wait; I closed United within two months and spread that limit to two other cards. We'll see what happens.

Re: Capital One Combining Limits By End of Year

baller4life — Tue, 07 Jul 2015 14:58:01 GMT

Yeah I moved Slate limit to Freedom before I even got cards lol. It will be very interesting to see what rules if any Cap One puts in place. Amex makes you wait 13 statements for donor and 61 days for recipient. So who knows?

Re: Capital One Combining Limits By End of Year

MissMoni223 — Tue, 07 Jul 2015 15:02:26 GMT

YES, this is music to my ears! I have 2 QuickSilver Mastercards (both were PC's from other cards) that I'd love to merge!!! Very EXCITING news from Capital One!

Re: Capital One Combining Limits By End of Year

Anonymous — Tue, 07 Jul 2015 15:11:32 GMT

Wow I can't wait for this as I have a card that I don't use and my new Venture so this will work out well. At least I hope it does LOL

Re: Capital One Combining Limits By End of Year

Anonymous — Tue, 07 Jul 2015 15:27:02 GMT

Hmmmm, now I have to figure out which card will be the donor card, a QS or V1? The Venture is the highest CL but, high APR & AF. Plus, it will also depend on time restrictions of accounts being opened.

Uggggh, this is higher economics!

A $45K card would be impressive

Re: Capital One Combining Limits By End of Year

baller4life — Tue, 07 Jul 2015 15:30:50 GMT

LOL. The new set of problems for some will be which card to leave open.

Re: Capital One Combining Limits By End of Year

OmarGB9 — Tue, 07 Jul 2015 15:32:16 GMT

If true I would be very excited especially since I plan on apping for another QS and a Venture within the next 6 months. I would close and merge my old QS to my newer (hopefully lower APR and higher SL).