myhearts07 wrote:Don't do it.. You don't need the credit through them, they suck!!! I have them for almost 5 years now, 1 credit line increase cost me $50 in fees and when I had a hardship they cancelled my card and now its shows as credit line cancelled by credit grantor, ding!!!!I got two increases from Cap 1 without asking, no charge to me.Forget them jokers!!!
VLGaffEsq wrote:I have been a customer of this credit card company since 2000, when my FICO score was in the toilet, and since they are my oldest card and I have a credit limit of 2 K. om my "Silver Preferred" card, I keep the credit card account. Be advised, however, that they refused to lower my interest rate of 23.99%, even after my FICO score was over 719, and they do charge fees for everything, but remember, "beggers can't be choosers," and I was grateful they gave me a card when I needed one, so I keep the card, but don't use it very often, and I really only keep it to have a positive trade line on my credit report.
Thanks for your reply CreditHawk, but if you carefully read my email, you would have seen that this credit card is "my oldest credit card" which helps establish your "length of credit history," which I believe counts for roughly 30% of your FICO score. That is why I continue to keep this credit account open since I have had since account the longest, since 2000. Also, I DO have five other credit cards...