topic Re: Cap one makes zero sense in Credit Cards

Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:09:35 GMT

I just don't get it anymore with them I have had a secured card with them since July and have used very heavily and always pif if not made more than 3 payments in a month never carry a balance with it and am never late and when they gave me the credit steps card with cash rewards with a measly 500 dollar credit limit i called there Backdoor number and spoke to senior account manager and explained to him that with a 500 dollar limit the card is very useless to me because I wanted to run my monthly expenses through it to earn rewards but with such small limit it was very much impossible unless making more than one payment a month and always worrying about going over the limit. I also told him that I don't understand why I was granted a such a low limit with them even tho I have proved myself with other card. Then I asked why is that the case when I was just approved for a discover more card with a starting cl double the crap one cl even though I already have history with you guys. I got the normal well capital one is a very conservative lender line and I laughed at him and said well I know discover is far more conservative than what you are and he says well you are on the credit steps program for cli's. So I told him I understand that but I am not eligible for that for another 6 months and even when the first cli takes effect it is still not even what discover started me with so what point is it to use the card and try to get cli when by the time the credit steps is over and I finally hit 1250 cl I would only be 250 dollars higher than what my discover card started at and by then could build a history with discover with far better rewards and probably end up with 2000 cl by the end of 6 months when the crap one just hits 750 and by time crap one hits 1250 I would be up to about 3000 with discover more card. He felt pretty stupid and dumbfounded as to what to say when I pretty much proved that the card and limit I was granted is useless and does not even compare to discover. I was also told my max limit with this card is 3000 and I also said that within the two years maybe more it would take me to get to that point I could already be at 5000 with discover easy maybe more if they are to hp my reports at time with no baddies and 0 inq. Just another great reason to stay away from cap one and there stingy unfair lending practices

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:17:12 GMT

amen, praise the lord

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:21:37 GMT

I am so frustrated right now I mean hell even Barclays gave 1500 cl total being a brand new customer and having 0 history and a ton of inq at time of applying.REALLY capital one justify your actions don't pull we are conservative lender crap I mean what company says we are aggressive lender and will loan anyone money hmmmm not one that lines getting old and needs a replacement

Re: Cap one makes zero sense

John060675 — Sat, 17 Dec 2011 00:22:21 GMT

I feel your frustration with Cap 1 from the credit line side. I am not sure exactly why they have not granted you more, but it seems something did not meet their criteria when you applied. I assume from you getting accepted with Discover that your credit score is over 720, so I would think Cap 1 would offer you more. Maybe you can call the backdoor number on this website and speak to someone higher up. I am not sure if it would help.

Of course, you could always cancel the card if you truly think it is unfair. Either way, good luck.

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:27:46 GMT

Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:36:14 GMT

@John060675 wrote:
I feel your frustration with Cap 1 from the credit line side. I am not sure exactly why they have not granted you more, but it seems something did not meet their criteria when you applied. I assume from you getting accepted with Discover that your credit score is over 720, so I would think Cap 1 would offer you more. Maybe you can call the backdoor number on this website and speak to someone higher up. I am not sure if it would help.

Of course, you could always cancel the card if you truly think it is unfair. Either way, good luck.

I will save you the hassle, do not even bother ever calling Cap1 again, You will get the same answer every single time, they are like robots "You are the perfect customer, you PIF every month, you are the perfect candidate for an AR, blah blah"

Blah Blah Blah...............................

Re: Cap one makes zero sense

LS2982 — Sat, 17 Dec 2011 00:36:53 GMT

@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number

Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:48:11 GMT

@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.

Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.

500CL

750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.

Re: Cap one makes zero sense

LS2982 — Sat, 17 Dec 2011 00:54:11 GMT

@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.

You are special, they are just hating on you

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 00:57:40 GMT

@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI

Re: Cap one makes zero sense

LS2982 — Sat, 17 Dec 2011 00:59:42 GMT

@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI

Man everytime someone says discover I get the itch to app!!!! This really sucks!

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 01:02:09 GMT

@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI
Man everytime someone says discover I get the itch to app!!!! This really sucks!

if u get a good 1st CL with discover ur set,, cause thats were u will stay

Re: Cap one makes zero sense

LS2982 — Sat, 17 Dec 2011 01:04:14 GMT

@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI
Man everytime someone says discover I get the itch to app!!!! This really sucks!
if u get a good 1st CL with discover ur set,, cause thats were u will stay

What was your profile like when you got your discover?

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 01:05:39 GMT

@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI
Man everytime someone says discover I get the itch to app!!!! This really sucks!

To your first reply, Yes Cap1 is hating on me

Discover is next on my list of closures. Love the CS, but hate the measley 2K CL and hard pull for CLI.

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 01:08:31 GMT

@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
Nope I was approved with a 694 tu score and I'm pretty sure they pulled eq at time I called to recon and at time I'm pretty sure I didn't even have score with them due to my sisters card that I'm au on not reporting to them yet since then it all of a sudden started reporting and now have 709 eq fico so I really am stumped and annoyed and as far as calling someone higher up I called a senior account manager number
Give it time. I know its frustrating as I have the same card from them, pay your bills on time and get some history and they will show some luv.
Really? You realize we are talking about Cap1 right? LOL (just being sarcastic)

I have done what you said and not to mention my FICO's have gone up over 200 points since I apped for the two Cap1 cards I have had over a year and a half.
500CL
750CL

Cap1 softs my EQ report like clockwork every month, and they see my other CL's of 10K 16K 7500 etc......but will not offer one red cent to me.

EDIT to add: Both cards have been SD'd for the last 5 months and I will be closing them before the Af hits next year.
You are special, they are just hating on you

this is like discover giving a CLI
Man everytime someone says discover I get the itch to app!!!! This really sucks!
if u get a good 1st CL with discover ur set,, cause thats were u will stay
What was your profile like when you got your discover?

higher than it is now and still cant get a CLI,,,,with PFI every month... (over 6 months)

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 01:43:28 GMT

Okay I will tell you my file when I got approved for the discover to be honest was not bad by any means but far from goo I had 10 inq good amount of new accounts and very very short credit history so I really have no clue how I got it but you will hear no complaints from this guy as the discover was one of my sought after cards and now that I have them I am not looking back at all and will be using them as my heavy usage card. On the daily and paying in full every month. But I did just get off phone with a super nice and understanding cap one senior account manager and we had a 45 min convo and to be honest I'm now fine with this card were it is because he told me that I should just use for like one bill to show them that really all I need is higher credit line to become more profitable customer and after telling him my needs and intentions he said it seems like you have the card that fits you in one way and not the other. And I also spoke with him about how cap one is very conservative lender and told him about discover approval and he said Jesus really and they are more conservative than us whats wrong with us and I don't see why we would grant such low credit limit even with great payment history and good credit and I apologize for that and do not blame you for being very peeved with it What I took is that not all cap one people are robots and some do not agree with how they grant credit but they have no control over who they grant credit to so look at it in there shoes when we are mad and cussing them out for denials

Re: Cap one makes zero sense

LS2982 — Sat, 17 Dec 2011 02:17:42 GMT

@Anonymous wrote:
Okay I will tell you my file when I got approved for the discover to be honest was not bad by any means but far from goo I had 10 inq good amount of new accounts and very very short credit history so I really have no clue how I got it but you will hear no complaints from this guy as the discover was one of my sought after cards and now that I have them I am not looking back at all and will be using them as my heavy usage card. On the daily and paying in full every month. But I did just get off phone with a super nice and understanding cap one senior account manager and we had a 45 min convo and to be honest I'm now fine with this card were it is because he told me that I should just use for like one bill to show them that really all I need is higher credit line to become more profitable customer and after telling him my needs and intentions he said it seems like you have the card that fits you in one way and not the other. And I also spoke with him about how cap one is very conservative lender and told him about discover approval and he said Jesus really and they are more conservative than us whats wrong with us and I don't see why we would grant such low credit limit even with great payment history and good credit and I apologize for that and do not blame you for being very peeved with it What I took is that not all cap one people are robots and some do not agree with how they grant credit but they have no control over who they grant credit to so look at it in there shoes when we are mad and cussing them out for denials

What was your util?

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 03:58:17 GMT

Right around 20 percent told him pif every month on recon and explained the 10 inq most being car loans had 694 with tu

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 04:03:32 GMT

there's no rhyme or reason behind their CLIs. I have made the decision that if by September next year, my limit hasn't been raised, I will cancel before the AF. It sucks having to close a card because they are being "conservative" but at least it won't affect your AAoA for 10 years (possibly never depending upon your other accounts).

Re: Cap one makes zero sense

Anonymous — Sat, 17 Dec 2011 12:21:04 GMT

@Anonymous wrote:
there's no rhyme or reason behind their CLIs. I have made the decision that if by September next year, my limit hasn't been raised, I will cancel before the AF. It sucks having to close a card because they are being "conservative" but at least it won't affect your AAoA for 10 years (possibly never depending upon your other accounts).

Amen to that.

I have lost all interest in dealing with Cap1, my two cards are sitting on my closet shelf, and will sit there until either 1) they close the account due to inactivity or 2) I close the accounts myself next year before the AF hits.