Got approved for Capital1!

I thought I would set this in a separate thread so I can share my experience with others.

I just got approved for CapitalOne!!!!!!

Today I was asking about the best cards etc. and Ted suggested Cap1, and guess what, I get back home and see the "Guaranteed Approval" offer from CapitalOne in mail. What a coincidence.

I go to their website www.getmycard.com and applied with the reservation# and access code (enclosed in mail offer) and ...voila!

Got approved for "immediate" credit limit of $200. At least, it is unsecured. They say that they will send the actual credit limit in the mail with package.

Anyway, many of the veterans here may not relate to my excitement, but to me it seems like half the battle won.

I am going out there and buying some popsicle with my new CapitalOne...

So, whats in your wallet? (no pun intended)

My TU is 589
I have 1 'paid charged-off' and 1 'closed by grantor' in all 3 reports.

Does this sound normal, or am I just lucky?

 

Kiyi - -

Currently yes, this is the only real credit card I have. I was kind adventurous to apply, specially as I got rejected by Macy's $100 card today itself. I was getting impatient. And then I found this CapOne offer in mail, I said what the heck, one more rejection. But it worked.

 

Kiyi, Matty, Butch...

Thanks for the good word. I do appreciate that. Now I am so excited, I cannot go to sleep...

LET ME TELL YOU this forum is simply GREAT.

 

Yes, Yes, and Yes. I am going to use roughly less than 50% of the limit every month. So, one idea is to have automated online cable (basic plus modem) bill payment. Which is sort of consistent (no fluctuation possibility like phone bill) and, of course, pay back in time.

Anyway, do you know when do they first report? 3 months or 6?

 

Good to know dogman. I am going to go for a house loan within the next year. I will beg them too.

Immideate Goal: get the reports fixed (few months)
Mid-Term Goal: get a house loan (within next year)
Long-Term Goal: get a $MM credit line to buy a private jet, and may be a small country...

I like what I just said, I think I am going to make it my discussion board signature....

 

Good to know ATLmom. I already love them. They seem to be a good choice. They sent me the platinum just like that in mail.

I just hope they increase the CL with my good payment future (as opposed to history)



Immideate Goal: get it fixed
Mid-Term Goal: get a house
Long-Term Goal: $MM CL, a private jet, and may be a small country...

 

just caught a spello...

Immediate Goal: get it fixed
Mid-Term Goal: get a house
Long-Term Goal: get a $MM cl, a private jet, and may be a small country...

 

question for Kiyi -

Does that mean if I call for a CL increase (later or whenever), they will make an inquiry? Is that hard or soft? It better be soft...

 

Just to update all who responded to this thread earlier.

Today I got the Cap1 card in mail. Best looking piece of plastic I have seen in some time!

Earlier they gave me an instant (after online application) cl of $200. When I received the packet today, the letter says the cl is $500. And I did the math and it turns out that $500 is greater than $200. So, life is alright.

When I called to activate they make you go through the survey questionnaire - I gave a #1 for satisfaction.

Of course I denied all the other 'stuff' they were selling like PPB (Payment Protection Blah ) or NCRB (National Card Registry Blah) etc.

Hope you all had a good Monay.