Logged into CreditWise this morning and saw a pre-approval for the SavorOne card. Not sure how safe this "pre-approval" is...
I got a Platiunum card in September '18 with a $3k limit with $500 CLI after credit steps was complete. I product changed the card to a Quicksilver at the end of Dec. '18.
My question is, how likely am I to get this card with already having the Quicksilver (Platinum in disguise) card and a Cap1 auto loan? And also, are product changes included in the 'one account every six months rule' with Cap1?
Sorry about the grainy photos. The CreditWise app will no allow screenshots to be taken.
@gorgon wrote:Logged into CreditWise this morning and saw a pre-approval for the SavorOne card. Not sure if how safe this "pre-approval" is...
I got a Platiunum card in September '18 with a $3k limit with $500 CLI after credit steps was complete. I product changed the card to a Quicksilver at the end of Dec. '18.
My question is, how likely am I to get this card with already having the Quicksilver (Platinum in disguise) card and a Cap1 auto loan? And also, are product changes included in the 'one account every six months rule' with Cap1?
Sorry about the grainy photos. The CreditWise app will no allow screenshots to be taken.
It looks to be another "credit steps" offer which will be bucketed, and Cap One is always a triple pull. Save the Cap One spot for when you can get a SUB later on.
Next place for you to look would be Discover, or something that gives better rewards for more of your spend.
@gorgon wrote:Logged into CreditWise this morning and saw a pre-approval for the SavorOne card. Not sure if how safe this "pre-approval" is...
I got a Platiunum card in September '18 with a $3k limit with $500 CLI after credit steps was complete. I product changed the card to a Quicksilver at the end of Dec. '18.
My question is, how likely am I to get this card with already having the Quicksilver (Platinum in disguise) card and a Cap1 auto loan? And also, are product changes included in the 'one account every six months rule' with Cap1?
Sorry about the grainy photos. The CreditWise app will no allow screenshots to be taken.
To me that looks pretty good. It has a solid APR, not a variable. I couldn't tell you for sure but from everything that I've read in these forums and a little past experience that's a big thing to look for.
It's solid, but Kilroy is probably right. Unless you land like $3000 right out of the gate, it'll be bucketed.
Based on the offer, it looks solid but as @kilroy8 and @Brian_Earl_Spilner said, it looks like it's in credit steps. The line that states "Access to a higher credit line after making the first 5 payments on time" basically validates the credit steps. I would continue cleaning up your credit and possibly looking into Discover.
Discover was IIB, so they will be out of my reach for a while (forever?)
I do a lot of dining out so 3% is tempting on this offer. But the fact I already get 2% back on fuel and groceries on my Ollo card, and everything else on SavorOne is 1% when I already get 1.5% on everything with my QS, it may be a wash when it's all said and done.
And the bucketing...never thought of that...Might just stick with what I have and app for a better card later as suggested. Oh, and the TRIPLE PULL!
Thanks for the insight.
@gorgon wrote:Discover was IIB, so they will be out of my reach for a while (forever?)
I do a lot of dining out so 3% is tempting on this offer. But the fact I already get 2% back on fuel and groceries on my Ollo card, and everything else on SavorOne is 1% when I already get 1.5% on everything with my QS, it may be a wash when it's all said and done.
And the bucketing...never thought of that...Might just stick with what I have and app for a better card later as suggested. Oh, and the TRIPLE PULL!
Thanks for the insight.
You might also consider waiting a bit and then going for the Barclay Uber card that has 4% on dining. No triple pull with Barclay.
I would check prequal page for Venture.
If preapproved for Venture, then your next C1 card should be a real nice SL.
GL!
