How do I combine cap ones? Which do I choose?

[Anonymous]

I have a cap one platinum  4000 opened since 2012

and a quicksilver 1 3000 since last year. 

I want to request CLI on both and then combine but not sure what card to ask for? They both have yearly fees and I want out of that and will moving my platinum over will I lose my 2012 history?

Thanks

[Anonymous]

you'll retain history for up to ten years on a closed account but did that giant 2k post thread about cap1 combination not help?

[Anonymous]

No, you won't lose the credit history.  In terms of requesting a CLI, request it on both as they are softpulls and you don't lose anything by requesting CLIs on both..

[CreditDunce]

I would start out by requesting the AF's be permanently dropped and 1.5% CB feature added to the platinum card.  Cap1 may not be willing to do either, but you should try.  Keep the card that is better.  Better can be lower APR, no AF, rewards or oldest account.   

[TiggerDat]

1. Request the AF be removed and upgraded to the QS card benefits.

2. Ask for an increase on both cards.

3. Combine the card with the highest APR into the card with the lowest APR.

[Anonymous]

Assuming 'last year' means more than 6 months ago

PC'ing the QS1 to QS should be a big deal (althogh they many times will claim the CL must be 3k to PC to QS)

Either way getting the AF for the old card should be granted

CLI's are SP so you can just hit the luv button on your own for that 'before' you start doing PC'ing

I will lose the longevity of whichever account you chose to close...however the history showing that account EXISTED and it's

history on your CR will not be lost and will stay as a closed account (giving 'good' juice) for 10 years for it's last reporting.

So if you keep the Plat account (even with a PC) it would move forward as a 4 year account on year CR and with Cap-1...

if you keep the less than a year account then THAT becomes your current oldest account with Cap1 as the other account is wiped clean

(again it would still hang on your your CR for credit reporting as a closed account for a decade)

and of course your open accounts will reduce by one...depending on if they drop the AF, yo may feel differently about hanging on to 2

seperate cards if the cost goes away

[TimeLBK]

You also want to make sure there is a ZERO balance on the card you wish to cancel and transfer the credit limit from.

[TiggerDat]

Oh it should also be noted that you should do the request AFTER the statement cycle for which you paid the balance to $0.  If you pay during the statement and even if the payment has posted you would still probably get declined for the same reasons as before.  If you wait until the next cycle then the computer will factor the payment in to whatever equation they use.  I have tried this and found that they don't count the payment into their equation until the next cycle.  I am actually waiting for the cycle to close in about two more weeks to do exactly what you are trying to do.  For me it doesn't matter too much if they give me an increase, but it would be nice. 

I have two QS cards, one was converted from a QS1 card and the other was an HSBC card.  The one that was an HSBC card has gotten very little love so it is one of my lowest credit limits.  It is however the lowest APR, it is even lower than my other QS card which is a Signature Visa card.  The Siggy card has gotten a fair amount of love and I actually suspect they have different criteria for how the cards are treated.  It seems like I can do less in regards to payment amounts for that card and still be granted a CLI.  When the Siggy card is paid off I will try to get another CLI with it and then combine that into the remaining card old HSBC card. 

I find it interesting that the HSBC card is the only one which they don't constantly send me checks for balance transfers on and gets the least love, but with it having a lower interest rate then that is the one I want to keep open.  I also want to see if they change how the card is treated once the CL is over $5000.  I also want to see if, as the limit increases, if they will offer me a World card or World Elite card.  Finally, I also want to see if I get prequalified for lower interest rate on their site.  I don't want to open another account with them as they pull all three bureaus and other banks give me much better service.  I am basically just using these accounts to figure out CapOne and for overseas travel for the no international transaction fee.