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CapOne secured Platinum Mastercard graduated

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Anonymous
Not applicable

CapOne secured Platinum Mastercard graduated

My CapOne secured Platinum Mastercard was upgraded to unsecured today after having had it for 10 months. My 49.00 security deposit was refunded and applied to my balance.  So that's confirmation that fairly recently issued secured Platinum cards do now graduate to unsecured.

 

Next step is to see if I can get them to increase the limit or upgrade the card to a QS (I already have the QS1) ... but I'll wait until I'm out of the garden April 3rd. 

Message 1 of 18
17 REPLIES 17
Adkins
Legendary Contributor

Re: CapOne secured Platinum Mastercard graduated

Congratulations on the card unsecuring! 


Last HP 08-07-2023



Message 2 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated


@Anonymous wrote:

My CapOne secured Platinum Mastercard was upgraded to unsecured today after having had it for 10 months. My 49.00 security deposit was refunded and applied to my balance.  So that's confirmation that fairly recently issued secured Platinum cards do now graduate to unsecured.

 

Next step is to see if I can get them to increase the limit or upgrade the card to a QS (I already have the QS1) ... but I'll wait until I'm out of the garden April 3rd. 


Congratulations on that! My second card ( unsecured) is with cap1 also Plat MC. They gave me a toy limit but I'm happy 😊 

Message 3 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated

That is so cool!  

Message 4 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated

Congrats!

My secured Platinum was approved in May but I didn’t get the card activated until July since I was aiming to max out the deposit before the activation deadline.

Love these data points and am hoping I graduate around 10-11 months as well but who knows!

What were your FICO08s on approval and at graduation?
Message 5 of 18
andreia
Member

Re: CapOne secured Platinum Mastercard graduated

How did you go about getting it upgraded?  When I inquired about turning my secured platinum card into an unsecured card, I was told there was no way that could be done.

Message 6 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated


@andreia wrote:

How did you go about getting it upgraded?  When I inquired about turning my secured platinum card into an unsecured card, I was told there was no way that could be done.


It depends when you first opened the account.  Accounts before a certain date in 2016 will likely never graduate, accounts open after a certain date have an option to upgrade automatically at some point in the future.

 

Do you know your opening date?

Message 7 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated

Hi 

 

"What were your FICO08s on approval and at graduation?"

 

I didn't have a FICO score when I was approved for the card (didn't have 6 months credit history then) but my creditkarma FAKO scores were very low 600s. When it graduated my FICOs were 733 / 733 / 734.

 

 

Message 8 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated


@andreia wrote:

How did you go about getting it upgraded?  When I inquired about turning my secured platinum card into an unsecured card, I was told there was no way that could be done.


Hi  , 
 
 

 It was an auto upgrade. I didn't need to request it. 

Message 9 of 18
Anonymous
Not applicable

Re: CapOne secured Platinum Mastercard graduated

That's good to hear. I opened at Cap1 secured card in July 2017. I was thinking of moving away from Cap1 if they wouldn't graduate it but if they end up doing it, I'll reconsider. It'll be at least a year before I apply for anything else though. Current cards are Cap1 secured ($200), Discover It secured ($200) and Amex Everday ($2000).

Message 10 of 18
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