@niquieg wrote:
I've had my card for 4 years with a measly $500 limit; no luck with the backdoor number CLI increase and i just wanted them to bite me.
Yeah unfortunately it seems you are stuck with one of their builder cards (lovingly called crap cards) with your history call them and ask them if they will do a product change or upgrade your card to something better. I doubt Crapital One will do anything honorable, but who knows they might and you might get lucky, otherwise you either keep it as is, or lose it. I am on the side of lose it. Good luck though, either way.
@Anonymous wrote:wow i been reading the boards and it seems Capital One has a lot of fans ( insert sarcasm). Ya'll are making me nervous about them. I have a captial one cc. well actually it is my dads but i use it ...i pay for it. We have a clear agreement my first screw up the card will be taken away from me. He gave me this card bc i couldnt get credit. And it really is a test for myself to make sure i have corrected all the past mistakes i made. I have had it since Aug. and i been making all my payments on time and at least 4x the min. due.
but seeing how they have slashed some ppl CL and raised rates... ya'll now have me praying to the credit gods that nothing like that hit me while this card is under my control lol
Technically it will hit your dad 
but know what you mean. Hopefully not, but why doesn't he put you as an AU instead of giving you a card of his own to use, this way in the long run it will help you build up some history of your own so you can get a chance to go back on your own and get good credit. Just a thought or did you already mean you are the AU on his card?
Cap One is a classic building/ rebuilding card. They might not be your bestest buddies for life, but they will help you get to a better stage in your credit life, if you treat them right.
Some Cap One cards grow with you; some don't; and most people find out the difference the hard way.
Your best bet with this card is to plan to pay it off every month. Use it as much as you like, but think of it as a debit card: don't use it unless you have money in the bank to pay it off immediately, or with the very next paycheck.
Don't ever get beholden to anyone, especially a credit card company. If you want to play the 0% game and so forth, always have the money first in savings, so that you can pay off your cards at a moment's notice. Don't let them have power over you.
With any rebuilder card, my advice is to think of them like the training wheels that your parents bolted on to your first bicycle. They keep you from crashing and burning too badly while learning to ride, and they rescue you if you get a bit too adventurous, but sooner or later, it's time to take them off and pedal away under your own power.
So don't get emotionally attached to them: just use them for what they're good at, and be prepared to move on when you're done with them. Think of them as the rebound boyfriend.
The real thing is still out there, waiting.
Some Cap One cards grow with you; some don't; and most people find out the difference the hard way.
Your best bet with this card is to plan to pay it off every month. Use it as much as you like, but think of it as a debit card: don't use it unless you have money in the bank to pay it off immediately, or with the very next paycheck.
Don't ever get beholden to anyone, especially a credit card company. If you want to play the 0% game and so forth, always have the money first in savings, so that you can pay off your cards at a moment's notice. Don't let them have power over you.
With any rebuilder card, my advice is to think of them like the training wheels that your parents bolted on to your first bicycle. They keep you from crashing and burning too badly while learning to ride, and they rescue you if you get a bit too adventurous, but sooner or later, it's time to take them off and pedal away under your own power.
So don't get emotionally attached to them: just use them for what they're good at, and be prepared to move on when you're done with them. Think of them as the rebound boyfriend.
The real thing is still out there, waiting.
Exactly! As much as this might sound wrong, you need to adopt an attitude of use them while they serve their purpose and lose them before they drag you down and hold you back. Sounds mean but its the only way to build your credit, grow it and get better credit and move forward to where you can be picky as to what you want and need.