Lol, I'll never understand the cap1 hate. If you're re/building, they'll give you a card. If your credit sucks they'll give you a card. If you have good credit, they'll give you awesome cards with great limits. You get what you deserve based on your credit.
As for the triple pull, Chase does a double, amex and Citi have been known to occasionally double pull. Credit unions HP just for logging into your account. It won't count after a year and it'll be gone in 2. Same as every other lender. Everyone acts like they triple pull EX.
I will always keep a slot open in my wallet for a Cap1 product. They're the only bank that I've had through good and bad credit, and as @UncleB will attest, they always work with no issues.
OP: Close it if you feel you need to, but I recommend you hold out for a combination as long as you can. If the AF is coming up, request it be waived. Mine was waived and others have had partial waivers.
@Brian_Earl_Spilner wrote:Lol, I'll never understand the cap1 hate. If you're re/building, they'll give you a card. If your credit sucks they'll give you a card. If you have good credit, they'll give you awesome cards with great limits. You get what you deserve based on your credit.
As for the triple pull, Chase does a double, amex and Citi have been known to occasionally double pull. Credit unions HP just for logging into your account. It won't count after a year and it'll be gone in 2. Same as every other lender. Everyone acts like they triple pull EX.
I will always keep a slot open in my wallet for a Cap1 product. They're the only bank that I've had through good and bad credit, and as @UncleB will attest, they always work with no issues.
OP: Close it if you feel you need to, but I recommend you hold out for a combination as long as you can. If the AF is coming up, request it be waived. Mine was waived and others have had partial waivers.
+1 - This ^^^ is spot-on. 
@AverageJoesCredit wrote:
Lol, plenty of 1.5% Cash back cards out there who only pull once, maybe twice (still better than 3) id invest my time in a different lender and you can always revist CapOne for their other cards when your profile is better.
^^^This^^^ If it were me, I’d close them both and focus my energy on better cards. AAoA won’t be affected for many years.
@pinkandgrey wrote:
@AverageJoesCredit wrote:
Lol, plenty of 1.5% Cash back cards out there who only pull once, maybe twice (still better than 3^^^This^^^ If it were me, I’d close them both and focus my energy on better cards. AAoA won’t be affected for many years.
I was hoping you'd chime in P&G. You are, afterall, my card closing hero 🤩😂
Well, the QS1 is no more- certainly felt weird axing it. But, since it was my only AF card, I'm quickly over it. I will sit on the Quicksilver for a moment and see if Cap throws anything my way. Could just be wishful thinking 🤔
Other cards are requiring my use this year and the second QS was splitting the difference of the CapOne portion. Now, the spending QS1 was seeing can be spread accordingly. And perhaps, the Quicksilver could get rebucketed and grow or PC. To be seen.
Other cards are requiring my use this year and the second QS was splitting the difference of the CapOne portion. Now, the spending QS1 was seeing can be spread accordingly. And perhaps, the Quicksilver could get rebucketed and grow or PC. To be seen.
I did the pre qual and for the first time I was offered the savor with and with out AF and the QS with out AF I currently have the QS with a AF and a 2600 limit that they wont give me a cli on over 3 years now ... was thinking of applying for the no AF Savor will the let me move the 2600 to it or not ?
@Anonymous wrote:Curious why you would close the account? I mean does it not help your credit profile overall? And is it being reported as a subprime and lenders see when you apply for credit? I started out with Cap1 with the platinum card and upgraded into the quicksilver one and now the Venture One, but I guess its still the platinum card with Venture One benefits. $4500 CL that I am trying to up, but its been a upward battle.
Some people choose 20 cards, some choose 5. Some have better relationships with some lenders while some do well with others. I have a small spread of cards that I love and I want to focus all spend through them. I'm not going to be concerned with my sub-prime, because that's what they are and they served their purpose long enough. Limits are stunted and low and there will be no more growth with them. I am gardening and growing accounts that will. Any 'loss' occurred by relieving Cap of its duty will be minimal. If I were stuck with a $4,500 limit, rather a $500 and $300 limit, perhaps that would be different. I have other cards in sight after at least a year of gardening. Looking forward. ✌🏽