@elim wrote:
@FinStar wrote:
@elim wrote:Grab a Venture (and Bonus) combine in 6 months, keeping your oldest card at a much higher limit.
I wouldn't necessarily keep the old one if the newest account ends up with better terms (i.e. APR). Otherwise, if he combines the newer product into the old one, growth will be inhibited since the old product coding would be preserved (i.e. rebuilder card with higher CL).
might be right, my last venture was 12.9%
My oldest Cap1 card during the darker days of my credit is at 10.x apr.. Think I got it when interest rates in general were lower for whatever reason. For this reason this card will be with me forever or at least while I am alive 
.. It is a platinum QS, but a very good apr! When I am able to wrap my other newer Cap1 cards in I will be willing to give up two VS cards and wrap them in to my platinum QS at a better interest rate and a very old account keeping a 10+ year old account aging. Obviously everyones scenario is different on APR's, etc. Granted I need to get past the broken Cap1 combine accounts option or what I interupt to be a broken feature for me and others. Was never an Orchard card although I have had my problems with Cap1 in the past, so probably the reason and hopefully eventually resolved.
@CreditCuriousity wrote:
@elim wrote:
@FinStar wrote:
@elim wrote:Grab a Venture (and Bonus) combine in 6 months, keeping your oldest card at a much higher limit.
I wouldn't necessarily keep the old one if the newest account ends up with better terms (i.e. APR). Otherwise, if he combines the newer product into the old one, growth will be inhibited since the old product coding would be preserved (i.e. rebuilder card with higher CL).
might be right, my last venture was 12.9%
My oldest Cap1 card during the darker days of my credit is at 10.x apr.. Think I got it when interest rates in general were lower for whatever reason. For this reason this card will be with me forever or at least while I am alive
Right. My current Venture was issued back in the 90's - couldn't event tell you what it was called after it was purchased by Capital One from Signet Bank (don't remember the APR at the moment but it's somewhere around 7.99 or 8.99) so that's why I kept the "oldie" as well. It had the history, the APR and no issues throughout the years.
Then the newest $50K twins arrived last July, and so after restructuring all the other Capital One cards, just 3 is all I have.
@FinStar wrote:
@Slim1Der wrote:Still trying to have love for Cap one since it was my rebuilder card and my oldest trade line besides my AU Citi Account. It's 56 month old (Cap 1). Anyway, I think I started with like $500 CL, then it took forever to get up to $750. I think that I tried for a CLI a few times and then they ended up giving me one. Then every time I tried, they denied me for whatever reason. A few years passed and they gave me an auto CLI to $2250, I was FLOORED. Then maybe a year ago they gave me another one for $500. Currently sitting at $2,750. So I decided to just try for one thinking they would be generous. Now mind you, I have since built up $191,000 worth of credit since this. So I push the love button, I get the dreaded 10 day message. I go to check the reason after a few days. They say my payments have been too small! I had about $1200 on there I was taking advantage of last year a 0% BT. Paying it down $100/month. Finally I paid it when it was down to $850. Paid it to zero then tried for the CLI and they come at me with that crap.
Slim
An item to keep in perspective OP, you likely got this card during the darkest period of your credit rebuild? So, Capital One doesn't typically hand out stellar SLs and products during the not-so-perfect years of a rebuild. Now, that being said, it looks like it has grown somewhat (can't complain really since the CL is not $500 to this very day).
I would be willing to bet if you applied today (not encouraging, just a theory) and if your profile is more optimized since your BK, you'd probably get a nicer SL with say a QS or Venture? then you can fold good ole 56-month Capital One to the new one. Things usually stop growing for rebuilder cards after you reach a certain threshold so just look back at all what you have accomplished over the years and decide where you want to take things next.
I just did this. Had an old rebuilder sitting at $2k and rolled it into my Venture to $25k. Then pc'd the Venture to QS. That't the way to do it.
@FinStar wrote:
@elim wrote:Grab a Venture (and Bonus) combine in 6 months, keeping your oldest card at a much higher limit.
I wouldn't necessarily keep the old one if the newest account ends up with better terms (i.e. APR). Otherwise, if he combines the newer product into the old one, growth will be inhibited since the old product coding would be preserved (i.e. rebuilder card with higher CL).
Exactly. My old card APR was 5% higher then the newer one.