Multiple Credit Cards from the Same Issuer

Gues: traveler505
Post subject: Multiple Credit Cards from the Same Issuer
Posted: Mon Feb 27, 2006 9:54 pm

I just got a preapproved offer for a Providian Platinum card, with fine print saying "This account may not be available to you if you already have a credit account with us or have applied in the last 90 days."

I already have a Paypal Visa through Providian with a $500 credit limit. It was opened last September, run up to its max, and then paid off. Current balance zero.

So....the question is: How likely is Providian to actually give a second card? Is the language in their offer a strict policy, or just "we reserve the right to...." sort of boilerplate?

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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Feb 27, 2006 10:45 pm

traveler505 wrote:
I just got a preapproved offer for a Providian Platinum card, with fine print saying "This account may not be available to you if you already have a credit account with us or have applied in the last 90 days."

I already have a Paypal Visa through Providian with a $500 credit limit. It was opened last September, run up to its max, and then paid off. Current balance zero.

So....the question is: How likely is Providian to actually give a second card? Is the language in their offer a strict policy, or just "we reserve the right to...." sort of boilerplate?

I was not good enough to get 1

"PRE-APPROVED" $30,000 @ 0.00%

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Guest: Board Monitor
Board Monitor/ Administrator
Posted: Tue Feb 28, 2006 9:15 am

traveler505,

Greetings and welcome to the board! My suggestion would be to give them a call. It is pretty common to have more than one card from the same issuer, though.

Good luck and let us know how things turn out...
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Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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Guest: traveler505
Posted: Fri Mar 03, 2006 2:58 am

Thanks. I applied online; results are supposed to arrive in a week or two.

I'm guessing that Providian already knew that I had an account with them, since the pre-filled application page had my post office box address (which is my billing address for the Providian card), and didn't ask for a physical address (whic they would be required to do if I wasn't already a customer). I could be wrong, of course.

For other points of reference, Capital One loves to issue multiple cards (I have 4, plus a business card), while Orchard Bank/HSBC's web site says a customer can have only one card.

I'll keep you updated.

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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