I have two large Captial One credit lines already, one opened in May, the other on August 23. I just got an offer for a "Special edition platinum" in the mail--0% through March, 7.9% after that, up to a $30,000 CL. In short, a great deal. It's posted as good through Nov 8. I'd like to jump on this, but only if the odds are good I'd get a decent limit with it. I asked Mr Cooke (who was calling me on the matter of my erroneously bounced BT check), and he said he saw no reason why someone couldn't get a third line, but he couldn't say for sure... So, I'm just wondering if any of you have sucessfully done this, and/or if you have any pointers on it.
At one point my wife had three Cap 1 cards. The basic, Gold and the TJMaxx. I had her call Mr. Cooke to combine the basic and the Gold. So I guess you can have three. Best regards, Mirage
Thanks for the reply Mirage, much appreciated. In your wife's case, she was probably dealing with reasonable credit limits on all 3, no? I would be surprised if they wouldn't allow this, esp since they help many folks improve their credit/qualify for better cards. I just wonder whether they'd be so generous with their platinum products...? They have currently given me $40K in unsecured credit, all in the last 5 months--if I were them, I'm afraid I'd turn me down for more...
Dave, Part of the problem with the way Cap1 markets their products is that the card they call their Platinum card can have a CL as low as $300. Makes things a bit confusing when Platinum really doesn't mean anything. We have two Cap 1 business cards with decent CLs that aren't platinum. We have a Cap 1 platinum card that we never use because an $800 CL is virtually worthless to us. Not sure if this helps you, it's FWIW. DemPooches
Thanks DemPooches! I now vaguely recall thinking that Platinum had a nonstd usage there. My mistake, and apologies for any confusion generated by my thread title.
