Credit Tips: Capital One Platinum Credit Card Review

Posted On: January 1, 2006

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Posted: Thu Sep 23, 2004 10:52 pm
Post subject: Capital One Platinum Credit Card Review
Joe
Date: 3/7/2001 1:53 am CDT

More than a month ago I applied for the 9.9% APR Capital One Platninum. I was not approved instantly but was sent a letter requesting me to send them a document of proof of address. I sent them a copy of my bank statement that had my address. A few weeks later I got a letter stating different reasons why I was not approved for the Capital One Platninum but how I was able to get their Classic card with a ridiculas APR. I have excellent credit and have or have had several top credit cards including American Express Blue and Citi Platninum. Ironiclly enough I asked my girlfriend to apply herself and sure enough the samething is happening to her. She also has excellent credit, probably better than mine, and has been living in the same address for more than six years. I will tell her to send proof of address and see if she gets sent the same reponse that I got.

Has anyone had this happen to them?

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Posted: Thu Sep 23, 2004 10:52 pm
Post subject: Capital One Platinum Credit Card Review

Eugene
Date: 3/7/2001 11:10 pm CDT

Has anyone had this happen to them?

Yes. Citibank asked my brother for some documentation. They later approved him for the same card he applied for, though.

I recommend calling Capital One and asking them why they gave you worse terms than those you applied on, and if it has anything to do with their request for proof of address. If you find their reply unreasonable (or even if you don’t), threaten to walk if they do not give you the original deal.