Graduating Card?

[eddymvp]

My first CC was with Cap 1 in january, 2005. At that time they waived my membership fee and I paid that membership fee in 2006, 2007 and 2008. The card is set to expired in 2009. Is that the year that the card would graduate and would they give me a new card with a different expiration date.

[Anonymous]

I am guessing that this is not a secure card since secure cards are issued for 1 year then upgraded to unsecure card.

If it is a regular unsecure card they will give you a new card with same account number but a new expiration date.

[unknown_entity]

Your credit score is what "graduates" you to a better card.  Cap One will send you a new card when that one is about to expire.  You are probably better off applying for a new Cap One account with better rates and no A/F.

[creditninja9000]

.....That is simply the point when they....give you a new card since the one you had is old.