Closing Secured CAP1 - Deposit Return?

[Mustangfrank]

My CAP1 has served its purpose and I would like to have my $2K security deposit returned 

as quickly as possible without  jumping through too many hoops.

Any suggestions for a timely return ?

Is it acceptable to just run the balance up to the limit and then close the account or is that asking for trouble ?

AAoA is not an issue.

[toppers555]

you will have to call and demand a mgr.  Otherwise they will give you the two balance cycle bs.   Mgr was suppose to direct deposit my 3k back into the account I had on file , which they didn't ,and send a check a week later. 

[Captain4Ever]

I closed my Cap1 secured via the chat with a rep. It took 5 minutes to close the account ,10-12 days for the deposit check. No pain at all.

[YahComb]

IT took something like 10 days from the day i called to the day i received my check when i closed my cap1 secured.

[Mustangfrank]

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@YahComb wrote:

IT took something like 10 days from the day i called to the day i received my check when i closed my cap1 secured.

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Well that is encouraging.

I have read so many horror stories about "Peggy"

and not getting a check for months.

[YahComb]

i had heard all the stories too. maybe i just got lucky lol

[trumpet-205]

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@Mustangfrank wrote:Is it acceptable to just run the balance up to the limit and then close the account or is that asking for trouble ?

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Never try to close an account with balance. 

PIF, close the account, and wait patiently for the deposit check.

[Shogun]

+10000    Always zero it out first.

[Mustangfrank]

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@Shogun wrote:

+10000    Always zero it out first.

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OK,

Thanks I will do just that.

I will post how long it takes to receive the check.

[texaspete2012]

5 days for me...I had a zero balance before I closed