topic Re: Cap 1 Account Upgrade in Credit Cards

Cap 1 Account Upgrade

Anonymous — Thu, 21 Mar 2013 01:59:19 GMT

So I've had a steps rebuilder card with cap one for 2 years now. We all know the story no rewards, no cli, no PC.

My ann fee hit so I called in and told the rep I was going to cancel. Offered to check to see if they could upgrade me to a prime card and said he would need a current copy of my credit report. I said ok and provided my info. Rep stated they were closing my Platinum steps card and opening me a new Capital One Cash Rewards Prime card with no annual fee and a $5,000.00 limit. 0% Int. through 4/2014 then 20.9% after that. $100 cashback bonus if I spend $500 in the first 3 months.

Asked if this would report as my old tradeline and he informed me it would show as a new account and I will have a new card number. That part stinks, but at least I replaced a $1500 limit with no rewards and a $39 ann fee with a $5000 limit, 1.5% cash back, and $0 ann fee.

Re: Cap 1 Account Upgrade

LS2982 — Wed, 20 Mar 2013 22:46:48 GMT

Nice!!

CONGRATS!!!

Re: Cap 1 Account Upgrade

dodgerslv — Wed, 20 Mar 2013 22:49:00 GMT

@Anonymous wrote:
So I've had a steps rebuilder card with cap one for 2 years now. We all know the story no rewards, no cli, no PC.

My ann fee hit so I called in and told the rep I was going to cancel. Offered to check to see if they could upgrade me to a prime card and said he would need a current copy of my credit report. I said ok and provided my info. Rep stated they were closing my Platinum steps card and opening me a new Capital One Cash Rewards Prime card with no annual fee and a $5,000.00 limit. 0% interest through 4/2014 then 20.9% after that. $100 cashback bonus if I spend $500 in the first 3 months.

Asked if this would report as my old tradeline and he informed me it would show as a new account and I will have a new card number. That part stinks, but at least I replaced a $1500 limit with no rewards and a $39 ann fee with a $5000 limit, 1.5% cash back, and $0 ann fee.

thats awesome and Congrats!!!! Even if it was a HP it was well worth it IMO!

Re: Cap 1 Account Upgrade

myjourney — Wed, 20 Mar 2013 22:49:14 GMT

That's great news congrats

Re: Cap 1 Account Upgrade

Ron1 — Wed, 20 Mar 2013 23:21:34 GMT

Congrats!!!!

Ron.

Re: Cap 1 Account Upgrade

Anonymous — Thu, 21 Mar 2013 00:33:13 GMT

Thanks everyone for the compliment. I never expected them to do an "Excellent" credit card for me. It states no BK on the website, but I had one discharged 4 years ago (that included Cap 1). I am happy with the approval. Discover still doesn't like me and AMEX is out until the BK falls off the report.

I would like to get a 5% card (like IT / Freedom / Dividend) but Discover doen't like me, I have a newer (under12 mo) Chase Slate, and I don't think Citi is very BK friendly either.

Re: Cap 1 Account Upgrade

ObeyJohnny12 — Thu, 21 Mar 2013 01:54:35 GMT

Congrats! Nice new cl!

Re: Cap 1 Account Upgrade

jsucool76 — Thu, 21 Mar 2013 01:58:41 GMT

Sounds like all the rep did was process an application for you, but nonetheless you were approved, so...

CONGRATS!

Re: Cap 1 Account Upgrade

Anonymous — Thu, 21 Mar 2013 02:43:22 GMT

Congrats! Awesome you were able to get a better card with benefits!

Re: Cap 1 Account Upgrade

Anonymous — Thu, 21 Mar 2013 03:17:39 GMT

I am guessig that is exactly what he did... It is my first Signature card, i'm kinda pumped about that though.

Re: Cap 1 Account Upgrade

Anonymous — Sat, 23 Mar 2013 03:49:37 GMT

Just found out this is going to be a Visa Signature card. This would be my first one. Anything major I get with a Signature VS the Platinum?

Re: Cap 1 Account Upgrade

BCGCredit — Sat, 23 Mar 2013 06:13:26 GMT

Congrats!!! Just finished talking to a rep. said I am not eligble for CLI,PC. So I guess its the EO route tomorrow. Can't apply I'm in the garden.

Re: Cap 1 Account Upgrade

Anonymous — Sun, 24 Mar 2013 19:52:14 GMT

WOW! That's awesome!