I was testing the approval waters and applied for a Credit One MC and got approved for $300 credit limit. Feeling brave I applied for the Cap1 Quicksilver with rewards and got approved with a $2k limit. After reading reviews I kind of don't want the hastle and fees for the Credit One card. Can I back out of it now or once I receive it in the mail? My only other card is a regular Cap1 with $600 limit.
I am working to rebuild credit.
Yes you can decline it ir cancel it, even though you already took the hp. Does your Credit One have af and fees? If so, id let it go as getting 2 Cap Ones is a fantastic start especially a 2k QS. Every time a Credit One card closes, an Angel gets its wings
Yeah the $99 a year and $19 to add an auth user.
When I was building credit, I fell into the same trap. And had the same immediate regret. I called a day after approval and had it cancelled. They sent a confirmation letter in the mail and the card never appeared on my credit reports.
Hmm... let me see...
$8 a month fee
NO grace period
$25 per $250 CLI fee
Doppelganging CapitalOne logo
I would cancel it ASAP!!!
Get a secured cc if Cap1 isn’t enough.
Good Luck to you!
I think OP is punking us... Those are night and day differences between the two. Cap1 offered you a +3X CL on the QS with rewards and no AF... then there's the Credit One... I would have Hulk smashed that Cap1 Accept button so hard my keyboard would have protested