Capital one secured card question

[Booboo71]

Quick question. I have had my capital one secured card since August 2012, it was beginning builder card. I started with 200 (full deposit) since then it has received two cli totaling 750. So my question here is should I cancel the card? I also have a Sony visa thru cap1 that is part of the credit step program and it is at 1750 now. I have tried a few times to get approved for quicksilver but I am always told I have to many account with capital one.. Any ideas?

[Booboo71]

Anyone?

[Anonymous]

I recently ran into the same thing. Close the secured card any apply for quicksilver after you pay off the balance. I did and was approved :-D

[Booboo71]

How long did you wait to apply for it after you closed it?

[Booboo71]

Did you get a decent starting limit? I know everyone is different

[Anonymous]

It was about two days for my payment to clear on my secured card and for my available credit to update.  I got a starter limit on mine 500. But you look like you have a more established history. I just had my secured card and a qs1. I wanted to dump the secured and get my deposit back. Still waiting btw... But that was  less then a month ago.  Good luck! 

[Skye12329]

Depends Quicksilver Visa is for excellent credit and minimum starting line is $3,000

Quicksilver Mastercard is for average credit and has a starting line generally of $300 or $500

[Anonymous]

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@Anonymous wrote:
I recently ran into the same thing. Close the secured card any apply for quicksilver after you pay off the balance. I did and was approved :-D

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+1. I agree. If you really want it. Go for it.

[Booboo71]

Thanks everyone

[09Lexie]

Locked to redirect to similar thread/topic. 

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Somebody-help-me-Cap1-question/td-p/3782417