I am really excited! I got APPROVED for a card...OK so it is a Cap 1, 300 limit with a 49.00 deposit, but that is better then nothing! Anyone have advice to get that limit raised?
Molto Cool! Use it. Pay it down. Use it. Pay it down. Use it. Pay it down. Use it. Pay it down. Use it. Pay it down. Use it. Pay it down. Go to Planetfeedback. Congrats! Every baby step gets you further along than you were before.
I got this card last month and in the welcome packet, they said that they would raise the limit to $500 with 3 on time payments. SO make sure you pay it on time. Use the online account feature if you can. Makes life MUCH easier.
I have done just that. I got a $500 and have paid every month on time. I pay in full and then max it again and then pay it. I am up to $700 and want to go to the next level. How do I use planet feed back to do better on raises and who do I contact?
Make sure you are not even a 1 day late with the payments and don't go over your limit by even a penny and you'll probably get along with them just fine. Be sure to Call them after three months to request the increase, they probably won't automatically do it.
Re: I Am Happy! Dont Laugh! Approve Thanks guys! If I never would have seen this board I would have NEVER gotten this card. I know some of you are laughing at me! But I don't care! <neener neener>
Re: I Am Happy! Dont Laugh! Approve I'm not laughing, got a Cap1 a few months ago and I was really excited too! I sent a letter through PFB asking for an increase because others got them after 3 months, and I was told that there are different types of account and mine is not that type. I'm guessing that if you didn't get the info Erica got, it might not work for you. However, we did get an increase after 4 months when we had an unexpected need. We were told not to ask again for 6-9 months.We also got the % lowered because we complained about the low cl. I don't have the same exact card as you, but thought this might be helpful.
Re: I Am Happy! Dont Laugh! Approve been there done that. nearly 2 years ago all i had was crap 1 secured. Now i'm all platinum including amex. You gotta start somewhere!!! This board is testament with time, hard work, and paying on time you will get back up there..
Re: I Am Happy! Dont Laugh! Approve Hey....believe me, NO ONE IS LAUGHING. This is great news. Just do what the others have suggested. Charge, pay, charge, pay, etc. and don't ever go over the limit. Good luck!
Re: I Am Happy! Dont Laugh! Approve I also started with them two years ago, a Secure with $500 limit. My old Cap One is unsecure with 1400 limit by today but also I have two Citi Plat at 10.5k/each, B of America Plat, MBNA plat and Chase.
Re: I Am Happy! Dont Laugh! Approve That's right! No one is laughing at anyone. We know what it means to you!
Re: I Am Happy! Dont Laugh! Approve Why laugh? Well we could laugh WITH you , but certainly not AT you lol. Do what ever it takes to better you ratios and scores. Before you know it you will be telling us you got approved for a prime citi, amex etc. good luck!
I'm not laughing at you at all. If you pay on time and stay under limit, Capital One will hook you up. Quixote had it right: charge up...pay down...Planetfeedback...charge up...pay down...Planetfeedback... Also, call retention right now saying that you really want to keep the card, and could they raise your initial credit limit any to encourage you to use the card (don't threaten to close, though)? You may get an additional $300-$500 today if you call them. 1-800-889-9939
Re: I Am Happy! Dont Laugh! Approve I like Quixote's 12 Step Program for maximizing this opportunity. Ok, 13 steps, but who's counting? Doc
I was very happy back in 1998 when I got my Cap One card. I was then able to rent a car, reserve a hotel room, etc. Congratulations--it is definitely a start!! cariba
LOL Quixote, I was trying to show my limit, and they posted interest charges and an automatic charge I had forgotten about right at the same time. I immediately paid it back down (online) and then they posted the overlimit fee - back over the limit it went, or so I thought, but when I looked again, they had raised the limit!! I didn't complain about the overlimit fee. My mistake.
