I have it---it was sent to me "pre-approved" with a 6 mo interest free period. The limit is only 200.00. Woo hoo! Is it considered a sub prime card since it's from Capitol 1? I have another Cap 1 card that's a classic (I think they call it) and a Citibank Visa also.
They approved it and initially approved for $3000. After two months, they increased me to $5500. I don't apply for theinstant decision and I got it from the pre-selected mail.