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HSBC announced capital one purchase

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Regular Contributor

HSBC announced capital one purchase

I logged into HSBC tonight and they are stating capital one is purchasing them. I have the orchard bank credit card since 2007 and was wondering if this means capital one will be able to see my awesome payment history, I've never been with a credit card where a merger took place?

 

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Senior Contributor

Re: HSBC announced capital one purchase


@aot2002 wrote:

I logged into HSBC tonight and they are stating capital one is purchasing them. I have the orchard bank credit card since 2007 and was wondering if this means capital one will be able to see my awesome payment history, I've never been with a credit card where a merger took place?

 


Yes, but probably not until they take it over next year/

Message 2 of 5
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Regular Contributor

Re: HSBC announced capital one purchase

hmmm it makes me wonder if that might help when I go after the venture card next year?

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Senior Contributor

Re: HSBC announced capital one purchase


@aot2002 wrote:

hmmm it makes me wonder if that might help when I go after the venture card next year?


It might.  I would wait until after the merger.

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Valued Contributor

Re: HSBC announced capital one purchase

Well hope I can get another CLI in before Capital One takes over my Best Buy card. I really hope Best Buy looks for another bank to handle there store card because Capital One is the worst as far as granting CLI


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
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