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Congratulations on your new Upgrade approval!!
Congrats you are winning on your rebuild @OniStringer
Congrats on your UPGRADE Card approval . . . keep rebuilding as I did it! Best wishes.
@Avinion wrote:Congratulations on your approval!
Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.
As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!
I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?
![Capital One QuickSilver [PC'ed from QuickSilverOne] (Apr 2021)| SL$ 300, CL $6,400](https://ecm.capitalone.com/WCM/card/products/qs_gen_master_rgb_323x203.png)

![Ally Platinum [PC’ed from Ollo Platinum] (Jan 2022)| SL$1,000, CL $2,800](https://www.ally.com/content/ally/en/allyroot/credit-cards/_jcr_content/root/main/section_1123636882/row_993722862/card/image.img.png/1680886288138/41130platinum.png)










@citymunky wrote:
@Avinion wrote:Congratulations on your approval!
Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.
As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!
I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?
It's a weird one.
Credit Karma shows it reporting as an installment loan, but Experian has it showing as a credit card/line of credit for all three reports.
@Avinion wrote:
@citymunky wrote:
@Avinion wrote:Congratulations on your approval!
Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.
As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!
I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?
It's a weird one.
Credit Karma shows it reporting as an installment loan, but Experian has it showing as a credit card/line of credit for all three reports.
Would that perhaps indicate that it is reporting as an installment loan in Vantage scoring, but reporting as revolving credit in FICO scoring?
ETA -
What seems off on that scheme is that I was under the impression accounts were reported/entered to each of the bureaus one way only, at the start, by the credit issuer. Then the scoring is a separate thing. I wonder how the Triple Cash Rewards shows on the actual credit reports pulled from the 3 bureaus (from annualcreditreport dot com). ???
Congratulations on your approval!
Congratulations. Just be aware they are terrible when it comes to applying payments to your account. As it's a sort of hybrid CC and Line of Credit, and their own dysfunction, it can take 7-10 days for a payment to be reflected so if you are the type to pay things off before the statement date, it can be a concern. They also start charging immediately unlike a normal CC. I'm not convinced it's a postive or negative influence but after my first and only interaction with them I don't think I'll use it again.
Congrats for your approval! Awesome to hear!
Did they ask for docs and POI?