topic Re: Capital One Pre-Approved Cards in Credit Cards

Capital One Pre-Approved Cards

Anonymous — Sat, 28 Feb 2009 23:18:14 GMT

I have Capital One Platinum (MasterCard) and recenly asked for CLI, but was denied. Apparently they do it a lot because of current credit crisis. Fine, so instead I went to their website and looked for pre-approved offers. For those who don't know, there is a form which you fill out and they tell you which cards you are pre-approved. My results were 3 cards, one of them was Standard Platinum (MasterCard).

Does anyone know if Standard Platinum and Platinum are different cards/versions of the same card? I've seen they also have Classic Platinum card.

Also, has anyone had success recently applying for pre-approved cards? If yes/no what were your scores?

Thanks!

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 09:47:37 GMT

I recieved a pre approved yesterday. I was hesistant but applied online anyway. To my suprise, I was approved. The terms were, $39 a year membership, 0 financing for 6 months, but my credit limit will be sent to me when the card arrives. The very minimum is going to be $200, accoring to the contract.

I have my credit scores posted below and they are pretty bad. I was so happy to get approved because I am trying so hard to rebuild.

- Liz

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 09:48:45 GMT

Oh yeah, this was for a CapOne Platinum MC...

Re: Capital One Pre-Approved Cards

haulingthescoreup — Sun, 01 Mar 2009 13:48:50 GMT

Congrats! Be sure to find out if they're offering their Steps program. It has automatic CLI's built in as long as you behave yourself.

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 14:22:48 GMT

I've said this before, but it seems to get missed a lot. Cap One pre-approval is useless. They are not pre-approving YOU. They are rather suggesting cards that *might* suitable for you based on information you told them about your credit, as opposed to actually pulling a soft on your credit report and seeing for themselves. I think that's the reason so many people say they are preapproved ont he site and don't get the card. For exmple here is what they ask:

How would you evaluate your credit history?

Excellent Credit

Good Credit

Average Credit

Limited Credit

I understand that this is not a credit card application

Message Edited by UpUpUp on 03-01-2009 09:22 AM

Re: Capital One Pre-Approved Cards

tray — Sun, 01 Mar 2009 14:26:40 GMT

Hi, does anyone know if Capitol One blacklists at all. Thanks for any information.

Re: Capital One Pre-Approved Cards

score_building — Sun, 01 Mar 2009 14:53:55 GMT

posts show they have been known to forgive esp. after good behavior for a few years.

@tray wrote:
Hi, does anyone know if Capitol One blacklists at all. Thanks for any information.

Re: Capital One Pre-Approved Cards

clocktick — Sun, 01 Mar 2009 15:17:00 GMT

Regarding Cap One blacklisting - they did not for me. I have a (paid) charge-off with them that's still on my reports and they still gave me a card.

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 16:07:13 GMT

It actually doens't matter for me which info I give them. I get the same 3 choices.

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 16:34:16 GMT

clocktick wrote:
Regarding Cap One blacklisting - they did not for me. I have a (paid) charge-off with them that's still on my reports and they still gave me a card.

Same here. I had a card that went awry about 10 years ago and they gave me a new card in Jan 08. Plat MC that started at 3k, went to 3750 w/ requested CLI, 4250 w/ steps, and finally 5250 w/ another requested CLI.

Re: Capital One Pre-Approved Cards

Anonymous — Sun, 01 Mar 2009 18:58:58 GMT

The only derogatory remarks I have on my credit report (oh, besides a BK in 2002 - how could i forget that? LOL) are two Capital One things that will not go away. 1. the card included in the BK, all of about $300, and 2. one late payment on an installment loan in 2006. Never mind all other payments before and after on time. They will not remove it.

For a long time I was denied new CapOne credit due to "negative history with Capital One" but now they gave me a $500 card with a promise to bump me to $1,000 after three payments and $1500 after seven. I know they really follow through because they did this for my husband - it automatically appeared upon page refresh after making the third payment. And he did not even get the stickers.

I just got the stickers in the mail and I feel like I am in kindergarten all over again.

Re: Capital One Pre-Approved Cards

Anonymous — Tue, 03 Mar 2009 02:22:26 GMT

I had the same thing happen in January--asked for a CLI, denied, then decided to app for a new card. Weirdly, even though my scores are better now than when I got the first card in October, they denied me (after getting the "pre-approval" on the website) for the second. YMMV of course.

Re: Capital One Pre-Approved Cards

Schoolbuskid — Tue, 03 Mar 2009 02:39:10 GMT

They denied me today...i have high balances right now so that may have been a factor, oh im sick and tired of being denied!