I've applied for the Capital One secured card three times in the past year trying to get a lower deposit than $200. The last time was back in May, I believe it was. I did not pay the deposit because I have no need whatsoever for another secured card (I have the 99/500 from BoA and a fully secured card from Discover). However, for a lower deposit I was willing to open one with Capital One to start forming a relationship with them.
HOWEVER, I've been checking their pre-qualification thing for weeks because WalletHub told me I had a good chance of being approved for a non-secured card and it kept saying I had an existing application. Well, today it let me do the pre-qualification. I was hoping to see one for Platinum or QS, but it was just another secured pre-qualification. Bummer. But I thought, "Hey, my credit has improved considerably since my last app, so maybe they will ask for less than $200."
NOPE.
Even though my scores are now higher than my husbands were when they asked him for $99 for his deposit, they still want $200 from me. Grrrrr.
I really think I may just give up on Capital One permanently. Now I have YET ANOTHER hard pull on my credit report for absolutely nothing, AND I won't be able to apply for anything from Capital One until October now. I was so sure I would get at least a $99 offer this time since my scores are better than my husband's were when he got that offer. Why, Capital One? WHY? 
@Anonymous wrote:I've applied for the Capital One secured card three times in the past year trying to get a lower deposit than $200. The last time was back in May, I believe it was. I did not pay the deposit because I have no need whatsoever for another secured card (I have the 99/500 from BoA and a fully secured card from Discover). However, for a lower deposit I was willing to open one with Capital One to start forming a relationship with them.
HOWEVER, I've been checking their pre-qualification thing for weeks because WalletHub told me I had a good chance of being approved for a non-secured card and it kept saying I had an existing application. Well, today it let me do the pre-qualification. I was hoping to see one for Platinum or QS, but it was just another secured pre-qualification. Bummer. But I thought, "Hey, my credit has improved considerably since my last app, so maybe they will ask for less than $200."
NOPE.
Even though my scores are now higher than my husbands were when they asked him for $99 for his deposit, they still want $200 from me. Grrrrr.
I really think I may just give up on Capital One permanently. Now I have YET ANOTHER hard pull on my credit report for absolutely nothing, AND I won't be able to apply for anything from Capital One until October now. I was so sure I would get at least a $99 offer this time since my scores are better than my husband's were when he got that offer. Why, Capital One? WHY?
You can only apply for Cap1 cards every 6 months, probably why 3rd time was denied. Dont go by any of these websites and the chances you have for any CC. CK says I have a good chance for an AMEX card. Yeah right. I'm a BK'er. Go straight to Cap1's Prequal page and see directly what they have to offer you. Not a pass thru link. JMO. GL.
@Anonymous wrote:
@Anonymous wrote:You can get a store card if you want a third card. There is more than FICO scores involved as I got a Cap 1 Platinum with 528 FICO. Are your baddies pretty recent?
Really what benefit does a 500 dollar limit no rewards card with 25 percent give you anyway? The Bank of America 99/500 card is much better anyway. I got 84 dollars cash back in 2 months using it. Of course it came with a 39 dollar fee. Still if you use it for every purchase you make you will come out a head if you pay your bill in full. And mine unsecured at 5 months.
She is showing in her sig that she has 6 revolving trade lines already which is why I suggested the garden for her and not more, often useless, store cards. I agree the BOA is a great card and would add the Discover she has to that too. If she keeps looking for new credit though, I'm sure BOA and Discover will drag their feet releasing the secured on them. The garden is her best place I believe.
i agree. I paid more attention to the displeasure and times applied in a year. Tx.
@Anonymous wrote:I've applied for the Capital One secured card three times in the past year trying to get a lower deposit than $200. The last time was back in May, I believe it was. I did not pay the deposit because I have no need whatsoever for another secured card (I have the 99/500 from BoA and a fully secured card from Discover). However, for a lower deposit I was willing to open one with Capital One to start forming a relationship with them.
HOWEVER, I've been checking their pre-qualification thing for weeks because WalletHub told me I had a good chance of being approved for a non-secured card and it kept saying I had an existing application. Well, today it let me do the pre-qualification. I was hoping to see one for Platinum or QS, but it was just another secured pre-qualification. Bummer. But I thought, "Hey, my credit has improved considerably since my last app, so maybe they will ask for less than $200."
NOPE.
Even though my scores are now higher than my husbands were when they asked him for $99 for his deposit, they still want $200 from me. Grrrrr.
I really think I may just give up on Capital One permanently. Now I have YET ANOTHER hard pull on my credit report for absolutely nothing, AND I won't be able to apply for anything from Capital One until October now. I was so sure I would get at least a $99 offer this time since my scores are better than my husband's were when he got that offer. Why, Capital One? WHY?
I'm not going to disagree with someone who decides to give up on Capital One permanently. I used to defend Capital One from its many detractors on this site, but then after many years of exemplary management of my Cap One accounts and all of my credit, my accounts were closed for reasons that make no sense, and I wasn't even able to get an explanation.
They treat their customers like dogs, so I think ditching Capital One is a wise move.
Capital One has been the worst credit card company I have had to deal with.
Their constant condescending, 'well we currently don't see any offers for you at the moment, but feel free to call back at a later date' send me over the edge!
For 3yrs. That's all they will ever say. Twitter, Facebook, pvt chat, supervisors, etc.
I understand a lot of people love them and I'm glad they help so many people but when they refuse to upgrade a secured card after 3yrs or to at least remove the fee for a card with no benefits, they do not get my swipes nor y loyalty.
Tomorrow both accounts are being closed.
I am so excited I finally got th down to $0. I'm almost as excited as I was for Christmas at 7 years old!
Their constant condescending, 'well we currently don't see any offers for you at the moment, but feel free to call back at a later date' send me over the edge!
For 3yrs. That's all they will ever say. Twitter, Facebook, pvt chat, supervisors, etc.
I understand a lot of people love them and I'm glad they help so many people but when they refuse to upgrade a secured card after 3yrs or to at least remove the fee for a card with no benefits, they do not get my swipes nor y loyalty.
Tomorrow both accounts are being closed.
I am so excited I finally got th down to $0. I'm almost as excited as I was for Christmas at 7 years old!