Need some mortgage advice

For just about anything you want to get off your chest about credit cards.
25 posts
WildBill
Platinum Member
Platinum Member
 
Posts: 51
Joined: Wed May 29, 2013 2:52 pm
Location: USA

Postby WildBill » Sat Apr 05, 2014 11:37 pm

For the record, Capital One helped put my foot in the door as far as credit history. I understand each company has their own business model or specific algorithm as far as upgrades and so forth. Having four other cards with terrific rewards and no annual fee's though, I cannot see any reason for keeping this card even if it does carry my longest card age. If anyone reading this has a short credit history or no history, I would definitely recommend Cap 1.

I'll be joining membersince99 on his gardening path now since I have all the cards I want n need.


rockyrock
Centurion Member
Centurion Member
 
Posts: 803
Joined: Thu Mar 21, 2013 6:06 am
Location: Ventura, CA

Postby rockyrock » Sun Apr 06, 2014 8:15 am

WildBill wrote:For the record, Capital One helped put my foot in the door as far as credit history. I understand each company has their own business model or specific algorithm as far as upgrades and so forth. Having four other cards with terrific rewards and no annual fee's though, I cannot see any reason for keeping this card even if it does carry my longest card age. If anyone reading this has a short credit history or no history, I would definitely recommend Cap 1.

I'll be joining membersince99 on his gardening path now since I have all the cards I want n need.


I'm in the same boat as you with Cap1. It was my oldest acct, open since sometime in the 90's-- >5 years longer then my next oldest account, and I just recently closed it because they refused to PC it to a no AF card. I was tired of paying an AF for a card with a $800 limit and no rewards. Like you they helped me out when no others would so I am grateful but it was time to move on.
American Express (2005): Premier Rewards Gold & Blue Cash Preferred
Chase: Freedom & UA Club USAA: Signature Visa & American Express
Discover it Bank of Hawaii Hawaiian Airlines WEMC Synchrony Sam's MC
Navy FCU Platinum Visa Citi Double Cash & AT&T Access MC

User avatar
Dr.Mark
Centurion Member
Centurion Member
 
Posts: 154
Joined: Tue Mar 18, 2014 4:01 pm
Location: London - UK

Postby Dr.Mark » Sun Apr 06, 2014 8:32 am

Almost same thing for me. Cap 1 is my oldest account and it still has the same CL as when I first opened it. I'm gonna keep it for a little more and then I'll do the same as you.
[font=Times New Roman]American Express PRG[/font] [color=green][NPSL][/color]
[font=Times New Roman]British Airways American Express[/font] [color=green][9000£][/color]
[font=Times New Roman]American Express Platinum Cashback Everyday[/font] [color=green][6000£][/color]
[font=Times New Roman]Barclaycard Platinum[/font] [color=green][16600£][/color]
[font=Times New Roman]Virgin Balance Transfer[/font] [color=green][9600£][/color]

TCL - [color=red]41200£[/color]

Obi-dan
Centurion Member
Centurion Member
 
Posts: 190
Joined: Fri Aug 02, 2013 2:35 pm
Location: Houston, TX

Postby Obi-dan » Mon Apr 07, 2014 12:41 am

Let us know when you close!
Cards:
Chase Sapphire Preferred
Marriott Rewards
Citi Hilton
Barclay Arrival
AMEX BCE (member since 95)
Chase Freedom
Discover It
Wells Fargo Platinum
Barclaycard (Apple)
Local Credit Union Visa (buy local!)


FICO Scores:
TU: 824 (Aug 2014)
Experian: 789 (Aug 2014)
Equifax: 807 (Aug 2014)

WildBill
Platinum Member
Platinum Member
 
Posts: 51
Joined: Wed May 29, 2013 2:52 pm
Location: USA

Postby WildBill » Wed Apr 30, 2014 8:25 pm

Obi-dan wrote:Let us know when you close!


Closing date is June 30. Just awaiting VA appraisal now.

I'll post again after we actually close and I'm jumping up and down happy. The house is awesome and the kids love it. As much as it seems set in stone though, nothing is final until closing, so still keeping fingers crossed and budget tight.



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests