Shouldn't OP be warned this isn't a reopened account as they think? This will report as a new account. Capital One doesn't "Reopen" accounts once they close an account or a consumer closes an account it is a done deal. OP be warned this is a new account...
Also apr for store cards are realllllllly high so OP if you really plan to carry a balance of over 500$ on this card thats not a smart decision. My limit has been 3k since I got the card and I think the most I spent at once was like 300$ for a deep freezer that I paid promptly once the current balance updated. If you however frequently use this card and they see the 500$ not working out and you needing more Capital One is usually really good about offering auto increases for these situations.
Congratulations
congrats on the approval! imo, you might as well keep it since you already took the inquiry "hit" for it
Congrats On card But ......i have this card for 2 years been at 300.00 everytime try CLI hell no.... since soft pull ok try
long as you got good credit think maybe get CLI
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@CreditMagic7 wrote:Congrats on your new Walmart card.
I recently closed mine since Capital One just doesn't seem all that interested in it.
Neither was i with 31% APR and no CLI over 2 years whatsover. Some seem to get a lift, others not so much.
I opened my Walmart card in 2011, started with a $400 limit. Once or twice a year (sometimes every few years) I'd request a CLI, but it always got denied; and yes, I was disappointed about it and considered closing it MANY times over the years. It stayed at that limit until about a month ago when they gave me a $1,500 CLI without asking. I know, 12 years is a long time to wait for a CLI, but I like shopping at Walmart; and I tend to have patience for certain things.
