Cap 1 QS1 CLI and question

[Anonymous]

So i have had my QS1 for 62 days now. My initial credit line was $500. I logged in this morning and hit the luv button and got an addtional $1,000 bringing my credit line to $1,500. I also have a secured credit card from them since march of last year for $600. My question are: 1) should i close that one now that i have had the new QS1 and a decent credit line increase? or should i keep it open until i can get another card? Also, i am thinking about applying for the Venture card once i close on the house im buying , im waiting on the clear to close. With my scores at (bankscore card according to fico) 668, 670, 662 . 2) what are my chances for venture card approval? any thoughts?

Thank you!

[Anonymous]

I have almost the same history as you with Cap1. I don't use my secured card really anymore but it was my first so I want to keep it open. It sounds like it's your oldest, too, so if I were you I'd keep it open. Also, I just got approved the VentureOne yesterday (almost the same as the venture but miles accumulated a little slower and no annual fee) with scores a little lower than yours actually. I think my relationship with them played a part, as I've kept utilization low and have never been late.Good luck!

[gdale6]

Moved to applications for better coverage

[Anonymous]

Good to know about the ventureone card, i guess should have a decent shot at it then. I guess i should keep the secured card open since you are right, it is my oldest credit card. I have good payment history with them and pay almost in full every month both cards so far. Thank you for your input. I will apply for the venture card once i close on my house.

[_NERD]

I have similar limits, with almost 1 year of history

$626 secured ($300 unsecured CLI)
$1500 QS1 ($500 SL)

My scores cleared 660-670 this month, but I haven't updated my signature yet (lazy). I also want to know if it's advisable to close my secured Cap 1 card, possibly freeing up that subprime slot for another QS1 or whatnot.