combine 2 20K cap1 accounts?

Discussion in 'Credit Talk' started by DaveH, Oct 27, 2002.

  1. DaveH

    DaveH Well-Known Member

    I have two very large Capital One Platinum accounts, one opened 6/02, the other 8/02. I was just denied for a third because "I'm not using the full line" on the ones I have. (After further questioning, it seems the real reason is that I have the two big lines at all.)

    In any case, I'm inclined to combine the two lines into one $42,500 line, if they'll do it. But since they normally don't go that high on one bankcard, I don't know if they would do it. Has anyone sucessfully tried this? Any department worth contacting on it? I suppose I could try Mr Cooke if he's my best bet...

    The reason to do this would be to have one less trade line (I have many bankcards now) and increase the amount of my biggest limit (currently $25K.) Ideally, I'd also be able to get another cap1 line eventually this way... TIA, Dave
     
  2. GEORGE

    GEORGE Well-Known Member

    PFB~~~he did it for my wife a few months ago...$3,000 added to the $6,000 account and closed the $3,000 account lowered the "GO-TO" rate to 7.90% NO QUESTIONS ASKED!!!

    :)

    Only BUMMER...no limit increase even though the accounts were over 6 months old...

    :(

    Not as HIGH as yours...but you have NOTHING TO LOSE...all he can say is NO...
     
  3. DaveH

    DaveH Well-Known Member

    Thanks for the data point George. I agree with your assessment--sounds like he's a good place to start, and it can't hurt to ask. :)
     
  4. DaveH

    DaveH Well-Known Member

    any other data points on this from the weekday crowd? Will probably call Mr Cooke tomorrow...
     

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