MemberSince99 wrote:Yep - you are missing some of the worst customer service on the planet - script readers who are basically untrained and have no clue of what their product is. You would get approximately the same results asking a Magic 8 ball questions as you will asking them.
kcm7 wrote:It seems like all the time on these forums I see digs at Capital (or should I say Crapital) One. So, why exactly?
kcm7 wrote:Have You Had Problems with Captial One Credit Cards
kcm7 wrote:I've seen a bunch of posts to the effect that once your credit scores are high enough, you can do "better" than Cap 1. My TU FICO is 780. But the card seems to be a good fit for me and what I want. Am I missing anything?
You are also missing 3 hard pulls for every application with them - they ding all 3 bureaus.
You are missing how they hold your payments for 10 days to 2 weeks effectively by not releasing the available credit.
PowerMan572 wrote:Yes, I did forget about the 3 bureau pull! Make sure you really want your Cap1 card and that you're not just applying for a signup bonus offer. Good thing that I really did want the Venture card and that I push a TON of money through it each month to get my miles. I'm definitely getting my 3 pulls worth
Lastly, I've never experienced a 10 day hold on payments to clear on my Venture card. You did mention that this was on a subprime card, so maybe that's the reason. I think it is worth noting that on Capital One's "better" cards the payments go through that night. I can submit a payment today by their cut off time, and the payment is posted by that night, and the credit limit is available again by 3am or 4am.