Hi all,
I've had my CapOne card for a few years now and currently my lowest CL but oldest in use. I started rebuilding credit with CapOne @ $300 then $500, $3500 and now $5500. Also PC'd from Platinum to QS1 then to QS while keeping the same insanely high % rate. My last CLI is less than a week away from being at 6 months. At the time of my last CLI they also temporarily decreased my % by 4% for 6mo. I've been asking for a rate drop nearly every time I call in. So next week (my 6mo) I plan on asking again. I keep getting offers for a new QS card with an advertised rate of over half as much in % rates AND when I go to CapOne site they suggest I get a QS card.....
I guess overall it doesn't matter too much as I carry a Zero balance, but I dislike how high the rate number. Last time I called in I said that my PenFed card with 2% Cash back is 11% lower than this card forcing me use my Cap card less.
So I guess im asking if anyone has had any luck with CapOne regarding % rate drops or is it a card I should just cut up and close.. OR .. Apply for a new CapOne card?
Just to show the difference between my CapOne QS and PenFed PCR:
CapOne QS: $5,500 @ 25%
PenFed PCR: $14,500 @ 14%
One quick side question: I just put a bid in on a house last night. Should I wait on the CLI next week or would that effect anything?
Thanks!
