Hi all. I've been out of pocket. I started a new job on Monday and I've been busy. No time to surf the board. Boy are you guys busy! Anyhow, a while back, I'd applied for an additional Capital One card. I didn't really WANT the card. I wanted the CL so I could combine the new one with my old one. Well, 2 weeks ago, the card comes in the mail - Gold, with $200CL. So I called to cancel the card. The CSR goes on the cancel AND gives me a $700 CL increase on my existing account. I cut up the old card. Today, I get a letter in the mail from Cap One saying that they want me to keep the account and that they were going to give me a $1500 CL. Now I'm thinking....0% APR until 9/01 AND $1500? What's a girl to do? My existing account is a MC but this new card is a Visa. Would I be able to combine the two? I have an additional $1000 CL coming on my MC along with a new gold card. So what do you guys think? Should I take it? By the way, I had 3 more inquiries on EQ and a new account and my score didn't drop. Hmmmm. Maybe I have so many now that it doesn't matter. Even though number of inquiries is my #1 reason code. Thanks in advance!
take it, wait 6 mos. call to cancel, get another increase. Combine the cards (yes you can combine visa and mc). Take the best terms on the combination. close 1 account. wait 2 mos. apply for another card. repeat. It works. You'll end up eventually w/2 Plat. cards. I did that in 2 years.
Hey Nana.... I just went to their website and applied again. Go figure. Okay, I'll take the deal....BUT they gotta send a new card...I destroyed the first one...trying to be a good girl!
