What's the Real reason you like Cap1?

mitchblue · ‎10-26-2015

The chicks dig 'em so I dig 'em.

FICO® 8 Scores 821 FICO® 9 Equifax 826 (Updated 02-7-23)

TiggerDat · ‎10-26-2015

No International Transaction Fees.

Yup, that's the only reason. I have other cards with 1.5% cash back. I have other cards with higher limits. I have other cards which will permanently lower the APR. I have other cards with better customer service. So, yup, no International Transaction Fees. I do have other cards with no international transaction fees, but not at 1.5% cash back, so for travelling or ordering from overseas, this is the card to use.

It is by will alone I set my mind in motion.....
Always follow these rules: Only take a HP for a new account. Always use the best rewards card for that reward category. Don't close a card unless you know you really should. Never use more than 35% of a credit limit. Recon as much and as best you can. Use the introductory period to the best advantage. Get the signup bonus. Whenever possible PIF or balance transfer so you pay less in interest. Never give an excellent rating when it is actually the norm. Always look for a discount as more is always better.
Always accept candy from strangers because they have the best candy or from people you know have good candy.

thisladyz · ‎10-26-2015

@jace8602 wrote:
Whenever my BK was discharged they were the only ones willing to help me start rebuilding my credit. I understand for many creditors lending money to someone that filed a BK is a big risk but they did. Now I have over $30k available credit with them.

Ditto for me. They were the only ones to give me 2nd chance after I burned them in my CH13 BK. I have $45k limit on two cards with them!

-----EQ---- TU---- EX
Nov 2021-- 817-- 817-- 809
Goal-- 800-- 800-- 800

Anonymous · ‎10-26-2015

For me it was fully covering my airline tickets to Disney World for 5 people between 3 Venture cards bonus miles. 136,600 miles!

Anonymous · ‎10-26-2015

I keep my card because it's one of my oldest accounts.

tntexans72 · ‎10-26-2015

@Anonymous wrote:
For me it was fully covering my airline tickets to Disney World for 5 people between 3 Venture cards bonus miles. 136,600 miles!

Thats nice...I am working on my 2nd Venture

taxi818 · ‎10-26-2015

Simple and st8 foward. Cap one does not hound their customers. As long as you pay on time. They will not bother you. Max it out. So what!!. Cash Advance. No problem. Pay on time is what cap one is about. no hassle is the name of the game. any other bank freaks out if you max out a card., Not cap one. Luv em. High limits as well.

Loquat · ‎10-26-2015

Like others have mentioned, they were good to me when no one else would roll the dice and take a chance (and rightfully so). I was 2 years into my Ch. 13 and I knew I wasn't supposed to obtain additional credit but I did...not because I needed it but because I just didn't want to roll out of my Ch. 13 with even worse numbers across the bureaus than I went in with. I knew if the trustee got wind of it that I'd have to explain myself in a "come to jesus" meeting...but they didn't. Like a knight in shining armor, Cap One sent me an offer and made good on it. I never carried a balance and my limits increased throughout my last 3 years of my Ch. 13. By the end of my 13 I had (2) QS1's and the Playstation Visa totaling $8K limits across the 3. Rolled out of my Ch. 13 with low to mid 600's across the bureaus. It was because of them that I had a much easier time obtaining credit right after my 13 because I had already established 3 years of credit while in my 13. So yes, I'm thankful to not only them, but the generous folks who post on this forum who offer lots of advice and encouragement...its truly helpful for folks like myself who had once had a very dark financial cloud hanging out me.

Anonymous · ‎10-26-2015

$100 sign-up bonus with the Quicksilver and the SP CLI's every 6 months, tehehe.

SouthJamaica · ‎10-27-2015

@Anonymous wrote:
So many posts re: Cap1. Lots of people here like them alot.
Is it because of the credit steps, their 'forgiving' nature or short memory, the nice limits on their higher tiered cards or their ambiguous criteria for excellent credit?
COF's ( cap one financial ) income statement is staggering.
The losses are big but nothing compared to quarterly gains. Cap 1's interest alone could finance several 3rd world countries.
For those that burn them they hire the biggest, baddest, collection co.s and these 'no necks' are Not nice.
Right now, I like them and I hope it stays that way.

I like them because they're less mean than other banks.