Why doesnt Cap 1 combine limits

[CreditGuy03]

When other card issuers do? Makes no sense to have 3 cards with toy limits when I can combine one with a decent limit

[Anonymous]

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@CreditGuy03 wrote:

When other card issuers do? Makes no sense to have 3 cards with toy limits when I can combine one with a decent limit

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They just don't. Trust me, It frustrates the heck out of me too. I could have a $7,000 QS WMC with over 3 years of history if they allowed this.

[Anonymous]

@CreditGuy03,

Agreed.. Cap 1 have proved they are certainly different.

[creditconcept]

They are a new player in the Credit industry:

Bank of America - 110 years old

JP Morgan Chase - 138 years old

American Express - 133 years old

Citi - 203 years old

Barclays - 326 years old

Capital One ................  20 years 6 months (<--- Can not buy a Beer yet)

They arn't as experienced doing everything the others do.

[lg8302ch]

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@creditconcept wrote:

They are a new player in the Credit industry:

Bank of America - 110 years old

JP Morgan Chase - 138 years old

American Express - 133 years old

Citi - 203 years old

Barclays - 326 years old

Capital One ................  20 years 6 months (<--- Can not buy a Beer yet)

They arn't as experienced doing everything the others do.

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Lol......in this case Chase should know how to adjust APR with good history ?? ....but they also follow their strict policy even with many more years of experience..ha ha

[creditconcept]

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Lol......in this case Chase should know how to adjust APR with good history ?? ....but they also follow their strict policy even with many more years of experience..ha ha

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I Wish, im sitting at 22.9% on my Freedom

[core]

Capital One's answer to everything is "apply for another card and cancel your old one(s)".  They look for any excuse possible to give you another triple hard pull and ding your AAoA.  This is so they can trash your reports as much as possible and keep you loyal.  They just love to leave their mark.  They are worse than dogs and fire hydrants. 

If they let people combine limits, the folks would be more inclined to keep their existing card rather than applying for a new one with a much larger limit.  The more frequent the permissible purpose the better for them.

[Anonymous]

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@core wrote:

Capital One's answer to everything is "apply for another card and cancel your old one(s)".  They look for any excuse possible to give you another triple hard pull and ding your AAoA.  This is so they can trash your reports as much as possible and keep you loyal.  They just love to leave their mark.  They are worse than dogs and fire hydrants. 

If they let people combine limits, the folks would be more inclined to keep their existing card rather than applying for a new one with a much larger limit.  That more frequent the permissible purpose the better for them.

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Don't know why exactly...It costs them money to do HP.

[Blodreina]

This is like asking why Chase doesn't backdate.  They're all different lenders and will have different practices.

[Dw4250]

Why can't I get a date with Katy Perry or Halle Berry? Why?!?!?

Just joshing! Every company has different policies. It's annoying but that's the way it is. Do they have some type of suggestion box...lol.