Credit Card Forum
  1. #1
    SteelReign
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    Question Does upgrading a current credit card affect credit (hard pull?)

    Just a straightforward question: I'm thinking of "upgrading" my Capital One student rewards card to the Cash Rewards card (does Capital One even do "upgrading" of cards?) and I was wondering if doing so requires Capital One to do a hard pull on my credit, which would lower my scores.

    Thanks!
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    Reply With Quote Reply With Quote     Sep 14, 11, 9:40 pm
  2. #2
    JNK
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    Speaking from personal experience, I think it depends on the company and it depends on the kind of upgrade you're getting.

    For example:

    I got upgraded about a year ago on my Student Blue from American Express to the regular Blue from American Express without a hard pull (I asked before they did the upgrade) and recently, the credit rep has been talking to me about 'upgrading' it further to a Cash rewards card (without a hard pull).

    I got upgraded to a Signature card on my Amazon from Chase about a month or two ago without a hard pull (I asked before they did the upgrade) though they DID hard pull me one year ago when they upped my CL and did a BT for me.

    I got upgraded from a Macy's + American Express to a Preferred Macy's + American Express without a hard pull a long time ago (I asked before they did the upgrade).

    Hopefully someone else who has specific experience with Capitol One might be able to give you a better possible answer.

    Also, it never hurts to call the card company and make a general inquiry.
    Personal Collection:

    AMEX: Blue, Macy's (cobranded)
    MASTER: Citibank Dividend Platinum Select (non-World version)
    VISA: Chase Amazon Signature, Chase (bank issued)
    GE: Care Credit (medical expenses), Macy's (store), JCP (store)

    Business Collection:

    AMEX: Costco True Earnings
    MASTER: None
    VISA: Chase Ink Cash
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    Reply With Quote Reply With Quote     Sep 15, 11, 1:48 am
  3. #3
    ooxs
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    Mostly soft pull. If the bank is recommending the upgrade (EX. US Bank upgraded my Northwest card to Flex) then it i 100% soft pull.
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    Reply With Quote Reply With Quote     Sep 19, 11, 5:47 pm
  4. #4
    SteelReign
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    Awesome. I think I might just upgrade my student Capital One card to the Cash Rewards. After I get a new card this December. Thanks guys!
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    Reply With Quote Reply With Quote     Sep 19, 11, 7:11 pm
  5. #5
    JNK
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    Coolness! Let us know how it all goes!
    Personal Collection:

    AMEX: Blue, Macy's (cobranded)
    MASTER: Citibank Dividend Platinum Select (non-World version)
    VISA: Chase Amazon Signature, Chase (bank issued)
    GE: Care Credit (medical expenses), Macy's (store), JCP (store)

    Business Collection:

    AMEX: Costco True Earnings
    MASTER: None
    VISA: Chase Ink Cash
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    Reply With Quote Reply With Quote     Sep 19, 11, 8:00 pm
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