topic Re: I hate Capital One in General Credit Topics

I hate Capital One

SoCalifornia — Sat, 27 Apr 2019 21:25:40 GMT

I just wanted you all to know that.

But, since I have your attention...
My relationship with Capital One is as follows. I received the Platinum card three years ago in May. I casually used it and paid on time until November 2017. Yes, a late payment- which gets to tag along with me until 2024 now. Regardless, they had no problem approving me for the QS1 last year in May. I wasn't aware I could product change that Platinum to a Quicksilver until shortly after I had the QS1. Pissed, however, I did so.

Now, my QS seems bucketed at 3 years old and my QS1 is approaching its first anniversary. Aside from the Credit Steps with the QS1, I have never received an increase with Cap1. I know everyone's report is different, but I'm reading where people have grown and received hefty CLI's with Cap1 while I'm over here looking at these silver twins like w-tf guys? And then there's the 'account combination will return, we just don't know when sir'. 🤦🏽‍♂️

Maybe I'm playing devil's advocate here, but, what's the likelihood either of these anniversaries will yield an increase? I lay on the love button like a down feathered pillow. I don't know what else to do other than SD them if they don't show me some love.

Re: I hate Capital One

Anonymous — Sat, 27 Apr 2019 21:35:52 GMT

You have two Chase cards, I would probably write off Cap at this point, especially the QS1 if you can’t PC it.

Re: I hate Capital One

SoCalifornia — Sat, 27 Apr 2019 21:42:17 GMT

@Saeren
I really just had to rant hard one more time, since I think about credit like 12hours out of the day now (thanks to myFICO). Yeah, once I go after Disco next week, the silver twins will get the sock drawer treatment for Netflix and Spotify.

Re: I hate Capital One

Anonymous — Sat, 27 Apr 2019 22:05:00 GMT

They can be really frustrating, I get it. I was one of the lucky ones but it took 4 years to get my card where it’s at. But if I didn’t have the PayPal, I would have kept my NFCU cashRewards and used that instead of the QS for my daily driver because it’s a better card with more offers. If I had Chase, I would put Chase over Cap as well.

I can’t believe I am actually thinking about a Savor app later this year... I must be a glutton for punishment 😂

Re: I hate Capital One

dragontears — Sat, 27 Apr 2019 22:15:15 GMT

Just so I understand, you violated your contract by paying at least 30 days after your due date less than 2 years ago and are ticked off that they are not rewarding you with more credit?

Re: I hate Capital One

SoCalifornia — Sat, 27 Apr 2019 23:19:20 GMT

@dragontears
Sort of- I will be more transparent.

I violated my contract once, after being a loyal customer- due to losing the house I was renting, because the owner decided it would benefit her better to sell, even though we were solid tenants for two years, ultimately forcing my family of six into homelessness. I still managed to pay my bills and restore normalcy for my family- finally building everything, including my credit back up to par.

All along, explaining and pleading with a comglomorate financial institution to have sweet mercy and simply forgive me for a terrible trespass against their contractual agreement, while I was living in a hotel room.

You're right. How arrogant of me.
I should be asking for 50 more lashes

Re: I hate Capital One

SoCalifornia — Sun, 28 Apr 2019 00:25:58 GMT

@Saeren
You most definitely are a glutton for punishment. However, at this point, Savor is the only Cap card I'd actually want in my wallet.

So, I feel ya

Re: I hate Capital One

OmarR — Sun, 28 Apr 2019 20:09:31 GMT

@SoCalifornia wrote:
due to losing the house I was renting, because the owner decided it would benefit her better to sell, even though we were solid tenants for two years

OP,

While it does suck that life threw you this curve ball, do you realize that the owner's decision to sell her property had nothing to do with what kind of tenant you were?

Also, there are a lot of good threads on this forum about "Emergency Funds" and "Auto-Pay" that would be good reading for you and could help you out for any future life events.

Re: I hate Capital One

SoCalifornia — Sun, 28 Apr 2019 20:17:05 GMT

@OmarR
Thanks. I have already pulled myself from that hole and set up my fail safes. That will never happen again. It was a life lesson. I simply took @dragontears post a bit to heart and a little condescending at the time. I realize that was immature. I've made my apologies ☝🏽

Re: I hate Capital One

Anonymous — Mon, 29 Apr 2019 11:02:36 GMT

I wouldn't expect anything huge from capital one. I got rid of secured card after 13 months of paying balance in full.
I keep my qs500 limit since I need a better (card for non 5% disco purchases)
My discover anniversary is up the 19th.
I'll have to decide if I want another year with discover ( Wich would make my current disco card useless until I hopefully combine in a year) or go for an amex. Gold 50000 mrps looks good

Re: I hate Capital One

Queen_Etherea — Mon, 29 Apr 2019 16:29:33 GMT

@SoCalifornia wrote:
I just wanted you all to know that.

But, since I have your attention...
My relationship with Capital One is as follows. I received the Platinum card three years ago in May. I casually used it and paid on time until November 2017. Yes, a late payment- which gets to tag along with me until 2024 now. Regardless, they had no problem approving me for the QS1 last year in May. I wasn't aware I could product change that Platinum to a Quicksilver until shortly after I had the QS1. Pissed, however, I did so.

Now, my QS seems bucketed at 3 years old and my QS1 is approaching its first anniversary. Aside from the Credit Steps with the QS1, I have never received an increase with Cap1. I know everyone's report is different, but I'm reading where people have grown and received hefty CLI's with Cap1 while I'm over here looking at these silver twins like w-tf guys? And then there's the 'account combination will return, we just don't know when sir'. 🤦🏽‍♂️

Maybe I'm playing devil's advocate here, but, what's the likelihood either of these anniversaries will yield an increase? I lay on the love button like a down feathered pillow. I don't know what else to do other than SD them if they don't show me some love.

I got my QS in October of 2017 and it hasn't grown since they bumped it from $300 to $500. Meanwhile, my fiance got the exact same card at the same time and his limit is now $4,800... We both PC'd the cards from Platinum to QS, but mine is 100% bucketed. I was SO CLOSE to closing it over the weekend. I was on the last page of "are you sure you want to close this card?" and I backed out. I don't know why I'm so afraid of losing a measly $500 limit card that's literally never going to grow.

What are they reasons they give when you try a CLI? For me it's that I don't use the card enough, which is bull because I've been using plenty because I'm trying to increase the dang limit.

Re: I hate Capital One

Anonymous — Mon, 29 Apr 2019 18:09:02 GMT

I've gotten same message. Yet I got my last cli just under 6 months ago. So also says recent cli
But I put enough spend on a 500 limit for a cli. Hope to get one soon and at least have my card grow a bit more than 500 I'm at 11 months in.

edit- 1st cap 1 secured opened last March.Couldn't Believe when I was told not only no more combinations my now closed platinum would never unsecure graduate.( Just deposited check into disco savings bank lol)
but I would also like to hear some positive story's of this card(my 2nd card Quicksilver pc from platinum) growing... I'm not closing it in forsee able future

Re: I hate Capital One

dynamicvb — Mon, 29 Apr 2019 18:48:03 GMT

Queen, they did me the same way on the secured I had. Wasn't growing and from the other threads, around would never unsecure. I went ahead and closed it down last month. Just something to know, they will take 2 months or more to report a new card but will report one closed within days of closure. I got a savor One with a decent limit so decided to close mine on that thinking well when they both report I'll get a bump as I had more credit available. Instead, because they reported it closed so quickly I gave back 7-8 points across all three. I'm sure it will come back once I get that additional 10K reporting. Just an FYI

Re: I hate Capital One

Anonymous — Mon, 29 Apr 2019 18:56:10 GMT

And unless u call and ask for check to be sent(closed secured) they will wait 2 statements. I called and they said they would hold it unless they received a call...

Re: I hate Capital One

dynamicvb — Mon, 29 Apr 2019 19:51:36 GMT

@Anonymous wrote:
And unless u call and ask for check to be sent(closed secured) they will wait 2 statements. I called and they said they would hold it unless they received a call...

Interesting, I called and got the two statement credit spill. I did not protest but perhaps I should. I did notice they changed the status of that card from closed to restricted in my account now with the negative balance from my deposit.

Re: I hate Capital One

Anonymous — Mon, 29 Apr 2019 20:18:51 GMT

Yes I would call again. Mine came a week or so after I called, it seems like they will collect as much interest as they can. Did u have a zero balance

Re: I hate Capital One

dynamicvb — Mon, 29 Apr 2019 20:24:30 GMT

Yeh its been zero for a while as I haven't used it but once or twice in the past few months

Re: I hate Capital One

Anonymous — Thu, 20 Jun 2019 21:18:53 GMT

I had a terrible experience with capital one as well, they were charging me the monthly fee and interest before i even received the card. I instantly regretted my decision. now 3 years later that card is paid off and closed.

my advice, choose amex.

Re: I hate Capital One

Anonymous — Thu, 20 Jun 2019 22:19:19 GMT

I hate Cap1 more than you, but Ill give them respect for helping me rebuild back in 2015. I never had a secured card with them and had 700 across the boards, I think I had 2 charge offs when I applied or they fell off? Anyways Heres my PC path Plat with $500 limit 25% APR, which grow to $1500, than $2500. PC to QS1 which grew to $4,500 recently and now Ven1, which wont move. I was hoping to get a CLI before I started applying for new credit cards. I dislike Discover now since I got the card, I have a intro of 0% APR (Never got this from CAP1) for 14months but a starting line of $2700 and after the intro is over they have me at 25% APR? Im like **bleep**? 4.5yrs later and perfect credit report and 800 across all 3 and they give me 25% APR, whatver they wont earn any money off me, PIF every month after I am done with 0% APR

Re: I hate Capital One

DebtJoe — Thu, 20 Jun 2019 23:24:51 GMT

If you applied and were approved for a card with Cap1 when your profile was less than perfect, the product you have with them has a ceiling you won't be able to surpass.

If you have a prime profile, Cap1 will reward you with a card with a very generous limit. They don't bucket customers, only cards.