What would you do?? I received a Capital One Mastercard in the mail today with a whole $200 limit. They want $79 yearly fee plus $6 a month. I already have a capital one since December 2000 with $900 limit and a GetSmart with $500 (coming up on 4 months in Sept.) I have target at $200. So, how would you guys handle this one? If the limit was at least $500, I'd consider it..but for this amount, it seems stupid considering I have other options. By the way, perfect payments on all above. They checked this before Exp removed BK but now it is gone. Your thoughts? Thanks
Nana, personally I would pass on this card. You are on your way up the ladder, don't bite for this one. Let your removal take effect and your mortgage start reporting, 200.00 and 79.00 taken off the bat at 6.00 a month and NO limit reporting, you are way better than that
Yeah, that was my feeling...though I'll have an inquiry for this...I have not activated it...do I just call and tell them no thanks? Thanks!
man i thought the $29/fee was bad for my recent gold card. I told them to stick the $200 limit where the sun don't shine. She said how about $700 limit, we'll do that. You gotta be hard and serious about closing the card. They'll budge.
Maybe you could get them to add the 200 limit to your existing card and not open the new account. That would bring that one from 900 to 1100. But I certainly would not take that card. Your other two cards are better. Given time you will be able to do much better than your current cards. Don't accept anything that is not as good as what you already have.
Call CapOne and ask for Retention. Do not let the CS Reps convince you they can help you instead. Tell them what you think of the card. Tell them you are unhappy with the terms, and you are thinking of closing it. If they say "OK" without making a better offer, ask them to combine the $200 limit to one of your other cards. Then send a complaint to CapOne through Planetfeedback.com and tell them what you think. If you make payments on time, I bet Mr. Miller will give you a better deal. Good Luck.
WaaaHOOo!! Great going! Gives me MUCH hope; I got instant approval online last month for Cap1 classic. The card came with $200 approval, but as I was finally cleaning out my car today, I came across the web page I printed out when I applied that stated "you will be initially considered for Visa Gold with $1000 min,..... if not approved for Visa Gold, you will be considered for a Classic with A MINIMUM OF $500..." I ran my butt back into the house and fired off a letter via PF to Cap 1.... Will DEFINATELY post the results. Deb
Back in the OLDEN' days (1980's)...PEOPLE WITH-OUT JOBS GOT $500!!! THAT IS WHY I LAUGH EVERY TIME I SEE A TARGET $200!!!
Nana-You go girl! Good for you. I am still waiting to hear about my application when I called last week to apply.
Actually, Bill, I do somewhere..but its packed, why?? Thanks for all the congrats...You all keep us posted on your results!! Now I'm curious about everyone else!
NanaC: Because with an offer like you got, I think it's high time you unpacked it and gave it some exercise. -) LOL
