Can you cancel a new credit card before receiving it?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
Kicker
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Postby Kicker » Wed Jun 13, 2012 10:38 pm

Thank you for letting me know! Also to get a general consensus, do you believe I'm in the clear as well? Thanks again
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)


CC Deville
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Postby CC Deville » Fri Jun 15, 2012 4:21 pm

Kicker wrote:Thanks for your reply Deville..really appreciate it. Yeah I'm hoping I cancelled it in time. I'm guessing if I were to call too late, they might've said something about how I would still need to pay the annual fees and what not. If a trade line does pop-up, do you by any chance know how long it would take for it to pop up? Is it as soon as the card is mailed out?

Well I'm glad things turned out okay regarding your discover card. I definitely will read the information on credit-cards from now on and also google to see what other people have to say. I still can't believe I applied for that damn card haha.

Thanks again.


Sorry for the late response. Depending on the bank, the trade line can appear almost instantly or it can take up to two billing cycles to appear.

Yeah, banks like Credit One, Applied Bank and First Premier rely on people not understanding what their banks really are and that there are other options. For some people, these banks really do help and it is a "scratch my back and I'll scratch yours" type of deal. If you use them for a year or two for positive credit they use you for the fees. As long as both parties are okay with that, then fine. But I always suggest secured credit cards first.

Glad you caught it in time!

DavidNY
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Postby DavidNY » Fri Jun 15, 2012 7:24 pm

And I thought Capital One was shady enough...

I just went over there to check them out (never heard of them) so went to
Credit One Bank® - Get Pre-Qualified

I found a huge picture of a smiling woman and the card specs buried at the bottom in super-tiny type.

Even if my credit was in the toilet I wouldn't touch them with a ten-foot pole.

What scammers.

Ratfacedudeguy
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Location: Baltimore

Postby Ratfacedudeguy » Fri Jun 15, 2012 11:33 pm

Kind of a shame that the cards don't look half bad either...
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

Kicker
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Location: California

Postby Kicker » Sat Jun 16, 2012 3:06 am

CC Deville wrote:Sorry for the late response. Depending on the bank, the trade line can appear almost instantly or it can take up to two billing cycles to appear.

Yeah, banks like Credit One, Applied Bank and First Premier rely on people not understanding what their banks really are and that there are other options. For some people, these banks really do help and it is a "scratch my back and I'll scratch yours" type of deal. If you use them for a year or two for positive credit they use you for the fees. As long as both parties are okay with that, then fine. But I always suggest secured credit cards first.

Glad you caught it in time!


Thanks for replying again Deville. I'm just hoping I got to it in time. They said they needed to verify my info and identity once more after being approved so I'm guessing it's not so "instant" per se. I was just really turned off by the idea of having to pay an annual fee every month..so if I don't bother using the card, I would still need to pay it off every month...not so appealing. Why I applied for it? My brother told me they were a good company...go figure. I'll definitely do my research from now on.
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)

Kicker
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Joined: Tue Jun 12, 2012 5:37 pm
Location: California

Postby Kicker » Sat Jun 16, 2012 3:09 am

DavidNY wrote:And I thought Capital One was shady enough...

I just went over there to check them out (never heard of them) so went to
Credit One Bank® - Get Pre-Qualified

I found a huge picture of a smiling woman and the card specs buried at the bottom in super-tiny type.

Even if my credit was in the toilet I wouldn't touch them with a ten-foot pole.

What scammers.


Haha I just noticed that. They got a picture of a woman smiling taking up about 3/4 of the screen while leaving the actual important stuff buried at the bottom in size 2 font.
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)

Kicker
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Joined: Tue Jun 12, 2012 5:37 pm
Location: California

Postby Kicker » Sat Jun 16, 2012 3:10 am

Ratfacedudeguy2 wrote:Kind of a shame that the cards don't look half bad either...


They actually wanted 8 dollars extra if you wanted it in Black...
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)

Ratfacedudeguy
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Location: Baltimore

Postby Ratfacedudeguy » Sat Jun 16, 2012 7:46 am

Kicker wrote:They actually wanted 8 dollars extra if you wanted it in Black...


Now that's funny. I take it the black card is the exact same thing too... What a joke.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

bmw1990Z
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Location: USA

Postby bmw1990Z » Sat Jun 16, 2012 9:04 am

LOLOL.
that looks like a capitol one rip off.
Cards in my wallet:
-Citi Forward Card for College Students-July 2011
-American Express Platinum Delta Skymiles--July 2013

Kicker
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Posts: 51
Joined: Tue Jun 12, 2012 5:37 pm
Location: California

Postby Kicker » Tue Jun 19, 2012 5:34 pm

Hey everyone I just wanted to let you all know I received a written confirmation from Creditone that I cancelled the application. Well I guess that's the end of that.
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)



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