Just recieved an offer from cap 1 plat guaranteed approval up to $7500 read the small print said guaranteed minimum $500...my question if i accept the offer will they still pull a hard inquiry.
They pulled a hard Inq on me plus I was only able to get their premium card. They refused the Platinum. Pre approved? BS.
yes, they pull a hard inq. sometimes they pull a hard inq on all three cra's. I got the pre-approved "classic rock" platinum mc offer for $7.5k but that one went thru the shredder. A while back i got a pre-approved $5k plat mc, i applied and got the full 5k. they pulled 2 hards. i wish i never accepted it, because i never use it.
As long as you don't mind the fact the credit limit is not reported (and that Cap1 typically pulls all 3 CRAs) this is a great card....some people get low initial limits, its true, but you can get online limit increases & mr. cooke limit increases every 6 mos. Once you get above 5K you can convert it to Cap1's fixed rate 8.9% platinum product which is an excellent offer even among prime cards. All things considered this is an almost astonishingly good card for the sub-prime market.
I received the same letter!! I was totally denied, but not without 2 hard inquiries being placed agains TU and EXP. ~Toothman
Got the card today $500 limit and i have FICO scores in the mid 700s. I told them to shove it up their you know what.
i know i probably should solzy...i asked the CSR and they just gave me this line about cap one being very conservative and that the CL in no way reflects upon me...but why the low credit line then....i'm not begging them there are plenty of other cards who want my business.
Re: cap1 platinum guaranteed approv Cap1 gave my brother $500 for Kmart MCCard when he applied on-line. He has perfect credit history and they gave hime a little credit because he didn't carry enough balance. You can call Cap1 retention number whether they can do anything for you. The number is (800) 889-9939 and they opened until midnight eastern time. Ron.
Cap One is a joke!!. I applied for the Kmart MC preapproved 6000 limit offer. I called today and found out that I was approved for a 1200 limit and they pulled inquires on all three reports. I told them to close the account immediately and to remove the inquires. They said that they wouldn´t remove the inquires. All my others card have more than 5.5k limit.
That's probably enough with these guys called retention same BS. is it worth it to call mr cooke or is he going to give me the same crap. i really don't care but they bite you with those damn hard inquiries on all 3 reports.
