Way to Fico! Aduke! On to bigger and better things my friend
Best way to wake up too lol
Best way to wake up too lol
Ok,so the common theme here is that, like many times with coroparate NONSENSE, it seems that at whatever point Cap-1
Changed how they wanted to treat secured cards they did.....for the accounts at that point and moving FORWARD
Meaning those accounts generated prior are stuck in no man's land for the most part....this nonsense happens all the time with big slow to kove companies
they won't GO BACK and re-code or do what needs to be done for past/CURRENT customers/card holders etc just from when they did the revamp
It's like the cable company in reverse Spectrum took over TW...the new stuff bites but lucky for me they will allow me to stay with the grandfathered pricing and programming until the moment I 'upgrade' otherwise.... what CAN'T be done for the new clients is still being done for those that were on 'this' system before...I get channels and speeds they are charging like $30-$40 more for now, my boxes are 20% less etc
Now it seems Cap-1 is doing the same thing...the relatively newer accounts are on a different track than the older ones....Congrats to those on the newer system but it makes ZERO sense to 'graduate' relatively new clients when they are hoarding my money and probably MILIONS in funds from others....wait I may have just stumbled onto why my almost 2 year old account hasn't gotten sent back a check yet hmmmm
I and others kept these accounts for simple aging as the 'little' CL is laughable compared to other credit approvals, including their own QS and/or Venture accounts at Siggy and WE levels yet there are millions, yeah millions of accounts not worthy of graduation from 100's of CL
It's about the **bleep** CASH with regard to the on deposit funds, likely regard stock value son of witch the more I type the worse this ish ticks me off
I get it now ...hadn't thought about it other than slow as non moving big red tape company but as I type I think wait it's aboutthe darn stock value as related to the money
being held on account...
It's CRYSTAL CLEAR they WILL NOT go back and just wholeheartly unsecure those past accounts on merit 
not with that CASH on file with it's ability to both earn % and to be seen as an asset on paper that ain't gonna happen
They've made a changed in how the newer product will act, sorta how Credit One has seemed to want change their stripes but in classic fashion the prior existing client is going be waiting for a bus that ain't scheduled to stop in that neighborhood anymore......
We have now seen too much evidence, at least I have that obviously this change happened sometime maybe mid 2016 and anybody prior to that is left kickin' rocks
Same thing happen, when I 1st got the darn card they STOPPED charging the AF the very next month, I say hey I just paid this fee respectfully you just stopped charging it please waive mine
Sir we CAN'T yada yada...after blasting ok we'll waive half, the AF came up atthe one year mark, had to do the same thing rant to get it waived vs them just NOT charging like EVERY account 1 month younger than mine.....this is the same thing
The younger accounts are andwillbe coded and treated differently and the older ones are ROCKS, that won't grow, can't be added to and most likely will NOT be sent deposits back either.
There can be NO logical credible reason to graduate (no offense) barely a year or younger 'new' credit accounts then stand STUPID on well vetted mature established accounts other than plain ole GREED!!!!!
Frankly, I kinda forget I have that $550 anchor card that serves ZERO purpose as it's only a few months older than the 5k QS card that the same company gave me again a few months later as a $500 QS1...so we're saying that a profile you see fit to extend 5k to is also NOT GOOD ENOUGH to unsecure $550 0f which $250 is my money c'mon
Not to mention the other vendors that have given upwards of 25k and no less than 5k since it's now too OBVIOUS what the deal is...it's the money honey
Wow I can't believe I haven't been ticked off earlier over this issue but when @Rachel (my late grandma's name btw) gave stats that said August to January to unsecure..4 freaking months...it's like WAIT A MINUTE...GIMME MY FREAKING CASH, You schmuck I see what's going on, at least kiss me 1st
These guys would have been better off adding unsecure credit to our older accounts, that way they'd make us forget about the little cash tied up because you could say 'hey forget about the few 100, my limit is XX thousand now ...I'll just let it go and look at it as sunk cost but to further INSULT us with leaving the accounts at immovable crap level CLs it exposes the nonsense that much more blatantly....may as well send a SUCKER selfie with a pic of the millions their holding hostage.