Capital One denied CLI on QS but qualified for secured

[slund5499]

This is got to be disenchanting at best.

Denied for a CLI for Cap One QS and qualified for $200 secured mastercard.

What the hell am I going to do with a $200 secured card? I already have $300 secured with both US Bank and Wells Fargo. Neither have been graduated and have had both cards for over 2 years.

Certainly hit and miss these days.

[uswala]

Sorry to know. May be try recon through EO.

[slund5499]

EO?

[Anonymous]

The executive office is the E O. Did you have to put the full 200 on the secured card? If you did, your credit may not be up to pay for the quicksilver. Also there are two different quicksilver cards. Make sure you applied for the right one.

[Anonymous]

EO=Executive Office

I'm guessing your secured cards are still pretty young or you have high utilization.

I'd wait a bit.for your accounts to age.

[Anonymous]

Thanks For Sharing.

[slund5499]

Cap One is requesting $49 for the $200 secured card.

I did not realize that there were 2 different QS cards?

[Anonymous]

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@slund5499 wrote:

Cap One is requesting $49 for the $200 secured card.

I did not realize that there were 2 different QS cards?

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Yes, 2 QuickSilvers

CapOne cards and Flavors are not consitent in the ONE designation.  QuickSilverOne has an Annual Fee, QuickSilver doesn't.  But the VentureOne has no Annual fee but the Venture does.

For the $49 for $200 limit, it's actully kind of cool.  They give you $150 credit on top of your deposit.

So if you deposit, $300, your limit will actually be like $451 or $551, can't remember which one.  Good if you're rebuilding.

[slund5499]

According to CAP One, the $49 is the security deposit for the $200 limit. I can increase the limit dollar for dollar by submitting additional funds.

[CreditMagic7]

That's Crap1 one for some of us