Cap1 and the maximum credit limits within a particular cc

[Anonymous]

I spoke to Crystal, using one of the back door #'s I have. She's in Nova Scotia call center. Had a great convo with her.

I called her ranting and raving about a balance transfer fee I got hit with when I did a BT from WaMu into Cap1. $12.40 charge(2%). When I was 'talked into' doing the bt, I specifically asked the rep if a balance transfer fee was involved. He said no. I questioned him 3 different times about it. He held fast. The only reason I did it because of that.

After explaining, Crystal not only waived the fee, but gave me a $50.00 goodwill credit that'll appear on my next statement. More love spread by the unspreadables.

That's why I called. THEN I moved into questioning her about my card, and where my cl stood in the cl range they have for that particular card. A particular card has a cl range. When you exceed the range limit, you're stuck there forever. The only way to get higher limits is to apply for a card with higher limit range.

And my card is at 'max capacity'. Crystal verified that for me. So no more love from Cap1 on that card. FYI, it's a Visa Platinum with $3,200 cl on it.

[Anonymous]

Very interesting. I should call and ask about my card.

[Anonymous]

Sounds like it's time to sock-draw Visa Platinum - and move up.

[Anonymous]

Yep depending on the prduct tier, you are right.  Once you reach max limit it is stuck.  BUT they have been upgrading to better cards latley with no app.  I wouldn't app for another Cap1.  I am currently working off a 1.99 for life BT and will just wait.  If nothing, once paid, it goes to socks until they offer a new one.

[Anonymous]

BTW I asked a rep the other day and my WaMu has a cap too.  If I ever get there I will keep that card anyway.

[Anonymous]

Good to know about WaMu Brammy. Tnx.

Well between those 2, they have 4 out of 7 of my bank cards. And guess which one is #5. HSBC!

[SmartCookie]

I'll try to get some figured out... I always wondered this and thanks for a great thread starter.  I'll do some serious pecking away at this and try to get a good master going.  And I had been saving being obsessive compulsive until the weekend!

Excellent:

Platinum Prestige $0 AF 7.9 % V no BT fees $2,000-$20,000

No Hassle Miles Visa Signature $0 AF 13.9%$5,000-$20,000 (no preset)

No Hassle Cash Rewards $0 AF 13.9%V $1,000-$20,000

No Hassle Point Rewards $0 AF 13.9%V $1,000-$20,000

Above Average:

Classic Platinum $0 AF 12.9%V no BT fees $500-$5,000

No Hassle Cash Rewards $0 AF 16.9%V $500-$5,000 

Needs Some Improvement:

Platinum Standard $300-$3,000

Limited Credit History:

Platinum Standard $300-$3,000

Message Edited by SmartCookie on 12-06-2007 06:31 PM