Happy New Year Gang! I just got that $500 CapOne Platinum VISA. I haven't activated it yet because I want to combine it with the "other silly" $500 Gold MC. 1) Is that possible? 2) Anybody done it? 3) What do I need to say or ask for? 4) Can I keep my open date for the Gold card (May 2001)? Thanks in advance! P.S. This may have already been answered, but the searches I came up with didn't match the topic I'm looking for.
Hi Hope, I read a couple of posts on this. The consensus is that you need to have both accounts open at least 6 months before merging them. If I were u, I would fire a PFB letter first thing monday morning, and get the answers directly from mr. cooke/miller. They're both very helpful and easy to deal with, you can just explain what you want done, and in most cases they will comply. http://consumers.creditnet.com/stra...ostid=106798&highlight=combine+cap#post106798 http://consumers.creditnet.com/stra...ostid=121306&highlight=combine+cap#post121306 http://consumers.creditnet.com/stra...ostid=108417&highlight=combine+cap#post108417
Both accounts have to be 6 mos old. at the 6 mos mark you can get a credit line increase. get the auto one via the computer. then go to retention and ask for more. then, when both accounts are 6 mos old (and you've gotten them raised as much as you can) use planetfeedback and talk to exec dept. get credit line increased while combining.. and as an aside... ask about getting the annual fee removed/ interest rate reduced. Do the line of credit first... then the rest.
Thanks very much for the advice everyone. I took it and activated the card over the weekend and will wait until the 6 month mark to combine. Dang! Now I have to get to my letter writing campaign again to force the CRAs to report the limit...or just charge it up to close to $500, then pay it off gradually over 6 months. Here we go again!
