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The Curious Case of The Sock Drawer CLI

Regular Contributor

The Curious Case of The Sock Drawer CLI

Funny thing happened this morning, while checking my emails I see CreditONE (a.k.a Sock Drawer King) sent me a message. To my surprise I have received a 50% CLI; took a month for me to get the card, NEVER used it, and only paid the initial $75 annual fee that came with the card. I would say they did a soft pull and saw my excellent scores BUT my FICO scores don't generate until 4.1.18. Maybe they gave it to me to entice usage but with interest accruing soon as a purchase posts it shall remain the King of the Sock Drawer.

 

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Rebuilding since 1/18: NavyFed CashRewards $3700 | Cap1 ̶P̶l̶a̶t̶ QuickSilver $750 ($300 SL) | Credit1 $450 ($300 SL) | Express $250 | NavCheck $10K

FICO 4/18: EX 686 | TU 694 | EQ 692
Message 1 of 10
9 REPLIES
Frequent Contributor

Re: The Curious Case of The Sock Drawer CLI

Possibly because they want to charge you a fee for the credit limit increase. Better to watch the account activity and statements.

Message 2 of 10
Community Leader
Super Contributor

Re: The Curious Case of The Sock Drawer CLI

Nice, were it me with a Navy CR, a Capitol One Plat and the Express card, i'd deep six C2 so fast it'd make their head spin lol. They should be ashamed making their logo look like Capitol One.

SDK for now i guess since you paid the AF but if you want to close it you can wont affect muchSmiley Wink



Gardening since 6/13/18
Goal: No hps or cli requests at least til 1/1/19, 7/13/20 preferable
Message 3 of 10
Regular Contributor

Re: The Curious Case of The Sock Drawer CLI


@AverageJoesCreditwrote:
Nice, were it me with a Navy CR, a Capitol One Plat and the Express card, i'd deep six C2 so fast it'd make their head spin lol. They should be ashamed making their logo look like Capitol One.

SDK for now i guess since you paid the AF but if you want to close it you can wont affect muchSmiley Wink

Yeah that $75 AF will hold me captive for another 10 months, after that SDK shall be disposed of...

Rebuilding since 1/18: NavyFed CashRewards $3700 | Cap1 ̶P̶l̶a̶t̶ QuickSilver $750 ($300 SL) | Credit1 $450 ($300 SL) | Express $250 | NavCheck $10K

FICO 4/18: EX 686 | TU 694 | EQ 692
Message 4 of 10
Frequent Contributor

Re: The Curious Case of The Sock Drawer CLI

Make certain to cancel well in advance


Message 5 of 10
Regular Contributor

Re: The Curious Case of The Sock Drawer CLI

Yep mark you calender to close that puppy!

And it is ok for premature closure on your end!!!

 

Yes that is scummy with their logo stealing. not sure why cap1 doesnt cap dat crap.

 

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Message 6 of 10
Moderator

Re: The Curious Case of The Sock Drawer CLI


@WhatTickaWhatwrote:

Yep mark you calender to close that puppy!

And it is ok for premature closure on your end!!!

 

Yes that is scummy with their logo stealing. not sure why cap1 doesnt cap dat crap.

 


Believe it or not, Credit One had the logo first:  https://www.bloomberg.com/news/articles/2017-12-05/the-strange-case-of-the-look-alike-credit-cards

Message 7 of 10
Regular Contributor

Re: The Curious Case of The Sock Drawer CLI


@UncleB
Believe it or not, Credit One had the logo first:  https://www.bloomberg.com/news/articles/2017-12-05/the-strange-case-of-the-look-alike-credit-cards

wow, very interesting read. very very strange.

I guess they help each other out!

(TUfico8 810)--(EXfico9 804)--(EXfico8 798)--(TUvs3.0 767)- CL- pers 175k+ util~5% biz $85k+
IHG 14.2k--BOA 15.5k--Amazon Prime Store 10k--Amazon PrimeVS 500--Amex Blue Cash Everyday 6k--WellsFargo Cash Wise 14k--PNC Core 10.2k--WalmartMC 10k--SearsMC 10k--Lowes 18k--Toyota 6.5k--Capital One 5250--BP 10k--Home Depot 24.2k--Chase FU 6.6k--Discover 15.5k
BIZ- Amex Plum NPSL--Amex SC+ $13.5k--Amex B4B $12k--Chase Ink $36k--PNC $25k
Message 8 of 10
Frequent Contributor

Re: The Curious Case of The Sock Drawer CLI

LOL I got that same message today.

"As only New Yorkers know, if you can get through the twilight, you’ll live through the night"
Message 9 of 10
Established Member

Re: The Curious Case of The Sock Drawer CLI

Lol will take it amirite Smiley Happy


@Fr3shStartwrote:

Funny thing happened this morning, while checking my emails I see CreditONE (a.k.a Sock Drawer King) sent me a message. To my surprise I have received a 50% CLI; took a month for me to get the card, NEVER used it, and only paid the initial $75 annual fee that came with the card. I would say they did a soft pull and saw my excellent scores BUT my FICO scores don't generate until 4.1.18. Maybe they gave it to me to entice usage but with interest accruing soon as a purchase posts it shall remain the King of the Sock Drawer.

 

c1.jpg

 

 

 


 

Message 10 of 10