Need Credit Card

FCNB....Providian.... Getsmart.com...Better luck with these companies trust me...

 

For Capital One "Need more time" they'll probably make you an offer in 1 to 1 1/2 months for a secured card with $200 limit w/ $199 deposit. That is their worst secured offer. A friend of mine got this offer and she's currently in a Ch 13 BK that she is paying on. She has no clue what her credit reports look like either.

Others have been know to get offers for a $400 or $500 limit w/ a $99 deposit. I got the $199 offer and sent it in but had problems establishing my account. I wrote Planetfeedback about the ordeal that I had to go through and Mr. Miller sent my $199 back and opened an unsecured account up for me w/ a $200 limit. I needed positive trades on my reports to off set a few paid negatives.

 

Yes if you have the $99, I would jump on that. Oh...and let me correct my previous post:

My neighbor who is going through Ch 13 BK got offered the Cap1 secured card w/ $200 limit for $99...not $199. We were working on an agreement for me to lend her the $99 and then when she got the card, trasfer $100 off of the card to the Cobaltcard and then go to the ATM machine, withdrawl the funds, and give me my $100 back (to aviod cash advance fees). She didn't have the $99 needed to open the account. But that idea is dust now seeing that she was just recently laid off.

And by the way...if you don't take the Capital One offer, they will bug you every once in a great while to accept it. But they won't change the terms. I originally got the offer in like August 2000. I initially accepted it but then decided not to (right after they cashed my check) and canceled my application and got my money back. Then they sent me an email in March with a deposit slip saying that the offer still stood and to print out the slip, fill it out, and send w/ $199. I deleted it. Then they sent an amendment to the email like 2 weeks later. Apparently there was an error (on the original email it said to send $199 to receive a card w/ a $0 balance). So on the second email, I printed out the deposit slip and mailed it w/ a check. The email said that the offer was good for a year from the day that I applied...so it was expiring next month.

 

I would stick with the Capital One card to start out, and if you want to try the GetSmart up the road, say 6 months, try it. At this point, you probably don't want to be filling your credit report fat with inquiries, because that can look bad.

 

Thats true. Hey, for the heck of it, you could even dispute the inquiries and see what ya get!

 

They sent me a shitty letter in the mail telling me to call the creditors and find out the information myself and if something was found to be inaccurate to have the creditor call them to have the inquiry removed.