Oh my gosh! I am so excited. So you all know from my story (I should create a progress thread) that I've been on this site taking in all of the advice. In the past month, I have opened 2 Comentity Store cards (STC) to help my utilization. The Wayfair was approved SL $500 and Overstock was approved for $1400. I really wanted the Ulta or the Williams-Sonoma but I had to remind my self that this journey is not about getting things but improving my credit so I've taken the advice of not opening too many store cards .. I don't want to wake up the COmenity beast.
Anyway, My Capital One Platinum MC has been on restricted status for about 2 years. I paid it off ($500) a while ago with tax refund thinking they would re-open but they never did. It reports $0 balance every month which is good because before I found this site and start applying that $0 balance was the only good credit card reporting I had. You guys told me that they will never re-open the card and that I would have to apply again. I knew it would be a hard pull but I figure since I've been in the Garden (unintentionally ) for the past 3 years that one little hard pull wouldn't hurt. Besides, My scores jumped 8, 12, 4 points with those Comenity cards... so I could spare some points for trying to open a non-store card.
I pulled the trigger... I did a hard application. I got the 7-10 day message. I knew it was a decline because, why not, I already mis-used the one $500 Capitol one card they gave me... Why would they give me another. Oh, well I took the lost.
I woke up to an email saying... We've shipped your card. I am like What Card. I don't have a card. LOL I called the Capitalone customer service and sure enough. the auto message said ... "we issued you a new card. Your limit is $3000. Press 1 if you've already received it and want to activate"
I shouted. I wonder why I got the 7-10 day message? I never got any letter explaining. Anyway. I will be very responsible with this card. On top of it all, the FICO simulator says with a $3000 credit limit increase my score will grow 20 points. :-) that plus my $1 student loan pay off for 15 points has me not believing any of this.
Any tips ... Does this card Grow? Thanks for everything, you guys. I am moving toward 700.
