topic Re: No idea why I waste my breath with Cap1 in Credit Cards

No idea why I waste my breath with Cap1

LS2982 — Thu, 16 Aug 2012 22:46:44 GMT

Well I check my account todat and low and behold, a $39 AF is posted on my account. Two (2) representatives told me that this fee would post 8/31 and they would waive it after it posts.

Well the Sr. rep. waived the fee but now $39 reports on my CR's. It's really just the principal now to me. I should get accurate info.

Until I see a CLI this card will continue to be used for recurring charges, I hate having this low $750 card reporting.

Re: No idea why I waste my breath with Cap1

joeyh2007 — Thu, 16 Aug 2012 23:28:11 GMT

You just can't trust Cap One. They really dont care about their builder cards. They give you hope in the beginning with Credit Steps, but after that CLI, nothing.

Re: No idea why I waste my breath with Cap1

LS2982 — Thu, 16 Aug 2012 23:32:37 GMT

Pretty much, you almost at powerball odds getting CLI's

Re: No idea why I waste my breath with Cap1

HenryJumbo — Thu, 16 Aug 2012 23:38:19 GMT

Can always put it out of its misery

Re: No idea why I waste my breath with Cap1

Anonymous — Thu, 16 Aug 2012 23:48:20 GMT

just kidding!

Re: No idea why I waste my breath with Cap1

youngandcreditwrthy — Fri, 17 Aug 2012 00:20:09 GMT

Capital One sucks with their low limits! Had it for six years, and it's stuck at a $1,300 limit. UGH

Re: No idea why I waste my breath with Cap1

Anonymous — Fri, 17 Aug 2012 02:28:03 GMT

Relax. You've done well.

Don't sweat the small stuff, it'll drive you nuts.

Re: No idea why I waste my breath with Cap1

Anonymous — Fri, 17 Aug 2012 02:53:21 GMT

Capital One is my first card, they are generous for new people in getting CC with low limits.. No One else was ready to give me credit card unless I had 6 month history with Cap1.

Re: No idea why I waste my breath with Cap1

CS800 — Fri, 17 Aug 2012 02:59:12 GMT

Same thing happened to me. I called and even talked to a supervisor who assured me that the $39 would be waived but it still posted

Re: No idea why I waste my breath with Cap1

doc101 — Fri, 17 Aug 2012 03:01:35 GMT

I have been with Cap 1 for over a year now and have never heard of the Credit Steps program........

Re: No idea why I waste my breath with Cap1

CS800 — Fri, 17 Aug 2012 03:02:43 GMT

I have a $1100 CL with an APR of 9.85% so i would love the card to grow but stayed this limit since 2008. Always denied for a cli

Re: No idea why I waste my breath with Cap1

migliogiorni — Fri, 17 Aug 2012 03:06:42 GMT

Ax that card. You'll get your AF refund and done with them 4 good. If they don't wave my AF in December I will be closing the account even though its my highest AOA it's time to move on for me and this sub prime joke.

Re: No idea why I waste my breath with Cap1

youngandcreditwrthy — Fri, 17 Aug 2012 03:25:00 GMT

I think around '08 is when my limit became stuck. Per the CARD Act, aren't they legally required to 'review' your account every six months? I wonder if a 'credit limit' is included in the terms that are required to be reviewed?

Re: No idea why I waste my breath with Cap1

score_building — Fri, 17 Aug 2012 03:39:22 GMT

@LS2982 wrote:

Well I check my account todat and low and behold, a $39 AF is posted on my account. Two (2) representatives told me that this fee would post 8/31 and they would waive it after it posts.

Well the Sr. rep. waived the fee but now $39 reports on my CR's. It's really just the principal now to me. I should get accurate info.

Until I see a CLI this card will continue to be used for recurring charges, I hate having this low $750 card reporting.

Yeah, don't sweat it served a useful purpose, IME cs is uneven at cap1 at best. Have a no hassle rewards cap1 stuck at 750, it never had an AF and is a decade old- higher than my AAoA but lowest limit, 2nd lowest is an almost 7k Discover.

IIRC Avg CL is >12.5k even with my low limit cap1. Perhaps consider holding on to it if no AF and adds to age. It was a bit more bothersome with fewer TLs but now with the majority being 5 digits, including store cards, barely take notice and just use it intermittently to keep it active.

IMHO it only becomes somewhat problematic if stuck with a boat load of active low limit cards...one or two can be par for the course for re/building...still sorta wish had app for a cap1 cc for excellent credit and combined limits with the small limit cap1 (i.e. app and combine) a few years ago when they still allowed it; used to be the easiest way to beef up a low limit cap1 CL.

Re: No idea why I waste my breath with Cap1

bettercreditguy1 — Fri, 17 Aug 2012 08:16:39 GMT

Pay the af. If they told you they would credit it back, then they will on the next statement or two.