- Centurion Member
- Posts: 144
- Joined: Sat Mar 31, 2012 6:17 pm
- Location: Washington D.C
I wanted to make a list helpful to members and inquiring minds on which credit cards to avoid, considering there are many unhelpful and insignificant credit cards and credit card companies. I thought we compile a list of cards to avoid.
From my personal experience,
1. Capital One Platinum Card (Mastercard)
- Terrible low credit limit, "conservative lender" (quote from a Credit Card Specialist at Capital One), little potential in increasing credit limit. I've had the card for two years and have had a tiny credit limit increase. Not to mention the customer service from Capital One, no rewards nor cash back. Overall, this card is good as a limited time starter card.
In fact, I have decided to cancel this card as soon as my payments are complete. Hope this information helps credit card users to steer away from this card, especially College students.
Feel free to add to the list, preferably by personal experience, and provide and explanation to why you recommend credit card users avoid that credit card.
Regards, In Credit We Trust.
P.S: The views presented above are solely based on my own opinion and experience.