Should I apply blindly?

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s.jessica
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Should I apply blindly?

Postby s.jessica » Sun Jun 09, 2013 3:37 pm

I should have applied a couple of weeks ago but didn't, I was hoping to find a better deal. I know I used some card finder pre-qualification thingy and it showed me several Capital One cards I was pre-qualified for. Today I went back, all I could find was the Capital One tool so I used that and I got the message they were unable to find any cards I qualified for. I just don't understand what would have happened in the past couple of weeks that I no longer qualify for any Capital One cards. I have their secured card as well as another card, I've used both cards very little and paid them both off so I now show a $0 balance on both cards.

Wouldn't I be able to get a second card in addition to my secured card or would I have to cancel the secured card first? I can't decide if I should just apply blind or what I should do. You would think after a year with their secured card and making all payments on time they would give me at least a little credit, but I've been very wrong before.


MemberSince99
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Postby MemberSince99 » Sun Jun 09, 2013 3:44 pm

I bet you used this link found on the site here:

http://creditcardforum.com/offers/cardmatch.php

That's not a true Cap One pre-qualification if so. The fact you didn't find any on their site means they just haven't softed you and pre-qualifed you.

I've had a number of their cards and used them heavily and paid in full and I was never "pre-qualified" for anything with them.

You can have last I knew up to two actual Cap One cards at a time that is their limit (not counting like Best Buy, etc). So you should be able to get one assuming they approve you for it.

I'd recommend you consider possibly something like a GE card say the Amazon store card IF you buy there, because those cards do grow with time and use and PIF. I almost doubled the limit on my Paypal MC from 3k to 5800 in 4 months with heavy use and PIF, auto CLI.

s.jessica
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Postby s.jessica » Sun Jun 09, 2013 4:46 pm

That must have been the one. I bookmarked it this time.....spent all afternoon yesterday doing google searches for card finder thingy and I'd swear google is laughing at me.

I'm not so crazy about Capital One is why I waited, but now they show me I'm most likely to qualify for the Cash Rewards card, the one with the $39 AF. Kinda sucks, I really wanted the Newcomer card because of $0 AF and 2% cash rewards on hotels. I just thought to check on Credit Karma and there is shows my odds of approval as poor for the Newcomer card and good for the Cash Rewards card.

I really wanted a store card like from JCPenny because I thought then I would have a line of credit that I wouldn't use very much since I never find much in their little store here but I was declined. I was going to try Target Red Card, but that is now issued by TD Bank so I doubt if I would be able to get one. Sears would be the most useful to me of any store card but they are issued by Citi and we all know how that goes. I even had a Sears store employee tell me the store card was almost useless and just as difficult to qualify for as the Sears Mastercard.

MemberSince99
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Postby MemberSince99 » Sun Jun 09, 2013 5:20 pm

With Target even if you got it, it would be likely 200 and not grow anymore than your Cap Ones would.

I still say you would do well to try to get in with a GE backed card they have Paypal and eBay Mastercards that are major credit cards and as I mentioned they grow. They seem to have more relaxed criteria for approval.

Yeah Citi is a real pain. They are the one lender I could simply never get approved for - I got Discover, Amex, Chase, BofA, US Bank, but not Citi, declined every time usually for stupid reasons (like too many inquiries which didn't seem to bother the other prime lenders). And they do not recon, at least their frontline CSRs don't, they can't do a single thing for you - you have to contact their executive office for that.

So I know Citi and how that would likely go. The thing is, you just never know. They may love you. They hate my guts, but other people they let in with more inquiries, a lower score etc. It's like I say, every lender loves certain people, is indifferent to others, and can't stand some of us, and you never know which category you will fit into until you app.

tanyasf
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Postby tanyasf » Sun Jun 09, 2013 5:37 pm

No ,You should not applying any card issue by Cap 1.Stay away form Cap 1

MB131174
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Postby MB131174 » Sun Jun 09, 2013 6:27 pm

tanyasf wrote:No ,You should not applying any card issue by Cap 1.Stay away form Cap 1


U mean Crap One.
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KIK: WMB1974

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Calipso
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Postby Calipso » Tue Jun 11, 2013 3:33 pm

MB131174 wrote:U mean Crap One.


This.

Why waste 3 hard pulls (since they pull from each bureau?)
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

tanyasf
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Postby tanyasf » Tue Jun 11, 2013 3:51 pm

+2. Pull 3 and get one card ,What a joke

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Postby Hyps » Tue Jun 11, 2013 5:24 pm

I applied for mine before I really understood about the hard pulls. I've only had it for just over a year. It's been ok to build up my credit I guess.

s.jessica
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Postby s.jessica » Tue Jun 11, 2013 10:39 pm

I know Cap1 is crap, but I'm stuck with their secured card, they have $800 of my money and I need it back. I was stupid, I admit it, now I need to fix my mistake. I really don't want another Cap1, but I'm afraid their the only place that will approve me, even then I'm not real comfortable if I apply for a newcomer card I would be approved. I was pre-approved for the Cash Rewards card, but I don't want to be stuck paying the $39 AF. I suppose if I don't qualify for the newcomer card then app for the Cash Rewards, they'll hp me 3 times twice!

Tried for a BofA secured card, denied - they don't like the "reported as uncollectable by creditor" crap. I'm thinking if I had the second Cap1 for a year then I could finally get up to a better secured card from BofA and I could then cancel my second Cap1 card.

Would I be better off if I just cancel the Cap1 secured card? I could get by with just the US Bank card but it doesn't really feel like much of a keeper either, just keep it because it's my only card and I have to. I could always go back to a Cap1 secured card if I have to but this time do it right and only put a small amount on it.



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