Applying for New Credit Card?

Submitted by desiree15 on Sat, 11/10/2007 - 02:46

I have a Capital One line with a credit limit thus far of 300 a small amount however a good start for someone wanting to repair their credit. I am planning on applying for a WAMU card ( I find it funny as soon as I applied for one card and made payments the others poured in) because the card was interest free until may of 08 and would probably give me a higher credit line to work with and they also have great perks like access to my credit score. I have heard lots of arguments the minimum amount of credit cards a consumer should have is at least two if you can support them to rebuild a better credit. I already have one and there are benefits to two different cards, and drawbacks. What is your input on applying for a Wamu card in additon to my Cap. One Card? Advice needed. Thanks

Hi Desiree, welcome to the forums! glad you found this place. how long have you had your capital one card? i ask because $300 limit is small so i'm guessing you haven't had it long? I think it would be a good idea and here's why...
I went through consolidation, after my time with consolidation was through i felt relieved BUT had a horrible credit score as i had many accounts that were combined. so for a year i couldn't even get a card where you have to pay the lovely high fees! i mean i was then a year or so went by and like you i got a capital one card with a $500 limit and an annual fee. well i was thrilled the annual fee was only $20 so i thought why not. within a course of another year that limit went up to $3500 and they waived my fee. I also have a WAMU card too and I really like them better than capital one, they offer you cash back (not intially though) access to a fico score from transunion, and other nice things where capital doesn't do that.
at this point i only have those two cards and my credit has gone up because i managed them BOTH responsibly. as long as you can manage your credit responsibly i think you'll be ok. be advised though that applying for another line of credit will result in that credit agency making an inquiry on your credit and may lower your score. upt o you. I think having two cards is reasonable. good luck

Sat, 11/10/2007 - 02:51 Permalink

A very warm welcome to the forum Desiree..

Debtstinker is right. If you are working on repairing your credit in that case its good to have more than one card but not too many. Too many applications can drop your score because of the hard inquiries that the companies make before sanctioning the application.

all you need to do is read the terms and conditions properly so that you are aware of any hidden clauses that might be a hitch in future functioning.

Sat, 11/10/2007 - 04:42 Permalink

Laura, you bring up an excellent point that I didn't even think of! and that is reading all the paperwork that is even remotely associated with the card/s you're applying for desiree. so often we throw out all that stuff (well at least I did) but after going through financial hardships with consolidation and all, i learned that taking some time to read the information regarding your account is such a small investment of time. happy Saturday :)

Sat, 11/10/2007 - 12:19 Permalink

Hi desiree and welcome, welcome to the forums, we look forward to having you here. Our little community is growing by the day. I really can't offer anything new, looks like Debtstinker and Laura has covered the topic fairly well. Again, Welcome, welcome, welcome!

Sat, 11/10/2007 - 17:35 Permalink

Hi everyone, thanks so much for the warm welcome. I appreciate it and am looking forward to seeing you guys/gals ;) much more often. I decided to go ahead and apply for the WAMU card, and if I get it then I'll reserve the capital one for smaller purchases that I can easily pay off that way i can build my credit. then when my anniversary date comes up i'll call to ask for a fee waiver or i'll cancel. thanks so much

Sun, 11/11/2007 - 02:52 Permalink

There you go, they should wave the fee. I don't know much about WAMU, I see their commercials on TV, in fact just tonight, but I am not all familiar with them and having a hard time reading the full post, got that side bar in the way.

Sun, 11/11/2007 - 04:16 Permalink

Hi all. I have a WAMU card and never had a problem wtih them THOUGH i will not become a banking client as i've heard terrible stories about them. but the card is nice, no annual fee. when i first got it it was $1500 credit limit, and for me just coming out of a consolidation program, that was like hitting the jackpot. then 5 months later they doubled that limit because i have been very responsible and continue to be. i think that's the key no matter what card you choose desiree. see if CO will waive that fee should you be approved for WAMU or any other card. CO has been very accommodating to me, even though i don't use their card that much :) ONe word of advice sure if you do call CO to negotiate your annual fee or whatever, try to have a $0 balance as they are more adapt to working with you. that's just been my experience anyway. keep us posted

Sun, 11/11/2007 - 16:39 Permalink

So is it a credit card, when I seen the commercial it seemed like a bank account to me, what is it???????????

Sun, 11/11/2007 - 17:35 Permalink

they are very versatile and offer both. in fact they offer other services as well but without their site up and am very sleep deprived i can't remember everything they offer right now. but like i said the banking has very poor reviews. things like putting holds on accounts for major purchases,etc. i don't think i would ever bank with a major credit card company...just after reading some things online i don't want to take a chance. but really the main reason is we don't have a wamu or citibank branch near me and i like being in close proximity to where i bank that way i can sit face to face with a representative. WAMU is very prolific lots of people use them. i'm glad they gave me a chance with their card big time or we couldn't have afforded the things we needed desperately i.e. major car repair

Mon, 11/12/2007 - 02:43 Permalink

So you have it as a credit card? You mention citibank in there, are they two connected?

Why are you not sleeping? Baby keeping you up? LOL.

Mon, 11/12/2007 - 12:54 Permalink

Oh sleep what that is? baby, furries, and hubby snores all combined plus i'm like my dad a light light sleeper and have interrupted sleep when id o sleep. i need to talk to a doc, not for a prescription just to see if there are some natural ways to sleep. took a sleep aid once NEVER do it again. i slept the WHOLE next day and when i was up i could barely find the energy to eat. i'm a light weight though half a glass of wine gets me more than tipsy.

Yeah it's a credit card for me, I don't think that citibank is connected as the two are mutually exclusive companies. i could be wrong on that but i think so.

Tue, 11/13/2007 - 15:29 Permalink

debt, glad to hear that you haven't had a problem with your wamu account. I just read somewhere on the debt forums that someone had to deal with wamu lowering their credit limit which caused them to go over their limit :( that's pretty crappy...but i have heard of other cards doing that. i think they have the right to do that. in fact, i heard on television that what you do with one card will affect what your other cards do to you. so say you go over your credit limit on one card, all your other cards have the right to raise your interest or even revoke your credit privledges! it's like they're connected on one major network and talk to each other, ugh

Wed, 11/14/2007 - 00:41 Permalink

Yes D15, I am as sure as I can be they are connected pretty heavily and what you do with one account will surely influence your other cards. now we're thinking negative right now, that goes for positive activity as well i'm sure.

Wed, 11/14/2007 - 02:31 Permalink

Hey Desiree,

There will always remain good and bad experience with any card. Frankly speaking most cards have the some policies just differs on few terms and conditions. Once you know all the pros and cons you will be geared enough to tackle an account easily. So go ahead and take a rational step. Utilize the cards well, credit reports wont be harmed in anyway. Just stick to your responsibility.


Wed, 11/14/2007 - 05:11 Permalink
BROWNSUGAR (not verified)


Tue, 12/04/2007 - 00:06 Permalink

Hi Brownsugar, good to have you here, I hope you will register and become part of our community. I have interacted with you quite a bit when I first went to the debt forum, you were so helpful to me, (I am hoping this is the same brownsugar).

Tue, 12/04/2007 - 01:21 Permalink

Hey Brownsugar, good to have you here for sure. I havnet been on the debt forum I find this forum very educational and fun. the members here are really upbeat and laid back and share their stories. I'm glad that you like the WAMU i haven't applied yet. I was bad, and bought a GPS system and took up most of my credit limit. it was worth it though...i just started driving and my sense of direction is really bad. My sister got lost 5 minutes from her house if you guys can believe that and it helped us get out of a jam. we went on a back country road to get to her house and well...that back country road didn't lead to where it needed to. it landed us in a corn field and twisted and turned us around. tahnk goodness for GPS! i say its priceless, well not exactly i do have to pay it off :0

Tue, 12/04/2007 - 02:07 Permalink

Hi Sara,

This is a forum for credit repair discussions. This is definitely not the site that you are looking for.

Wed, 12/26/2007 - 04:49 Permalink

Sara, you will need to visit the company webpage that you want to apply for the card, there are many out there, you just have to put the information into a search engine and many will come up, make sure that you look at the fine print, know about the intrest rate, does it stay where it is or does it go up, etc. You need to look at all the information so that you can make an informed decision. goodluck hope you find what you need.

Sat, 12/29/2007 - 13:22 Permalink

please be sure to pay attentikon to all the fine print before signng on with any ompany. I also would not opt for one with any type of annual fee. There are too many cards out there that don't require any annual fee at all. If a card offers a low interest rate be sure to look and see if there is time period that it would expire in. There is lots to be wary of in the credit card world. You will be fine if you dfo your research.

Tue, 07/29/2008 - 15:42 Permalink

Before applying for a credit card Sara, you must go through the guidelines and the terms and conditions in the application form. You should also find out whether you are comfortable with the annual charges associated with the credit cards and the credit limit that the credit card company will be offering you. Moreover, as fireyone said, you should also look at the interest charges associated with the card. One should perform an extensive research on different credit cards before applying for one.

Thu, 07/31/2008 - 13:02 Permalink

Thing with credit cards is there is so much fine print, along with all the things mentioned above, know the reprocutions of being late, what are the fees? This is where I got in trouble. Got late and then the late fees took the card of the limit, the fees just added up and added up until it reach like four times the actual card value. It ended up with a collection agency.

I never thought this would happen to me, but it did. Just becareful and read all the information.

Fri, 08/01/2008 - 03:01 Permalink

I have had the same exact thing happen erb1953 and it turned me off of credit cards for good. Some people have no problem with a credit card and I used to be so good and faithful about payments. But, its like when you start having money issues and you have that available credit there, it is just too easy to use to temporarily fix a problem. Nope, learned my lesson the hard way and am still paying for it.

But, I am not saying that people should not have credit cards. Most people should, but be really sure when you incur new debt that you are prepared to always pay it back on time, right amount, etc. Its that interest that seems to get ya. And the late charges and over the limit charges!

Sun, 08/03/2008 - 02:41 Permalink

I have since paid them off, after the collection agency reported me and lowered more score. I don't mess with them at all now either. If I need it, then I will save up and buy it.

Mon, 08/04/2008 - 02:43 Permalink

My sentiments exactly. Its funny, but the things that you think you can never do without, you can do without just fine!

Mon, 08/04/2008 - 03:44 Permalink

Also........alot of people ( me, for example..) want to get credit cards to improve our credit. some things were said above, if you start getting behind in payments, this REALLY can DROP your score. The 'credit card' thing can be more of a hinder to you, then help.

Mon, 08/04/2008 - 09:30 Permalink

I agree, I don't want another credit card, too much of a headache.

Mon, 08/04/2008 - 21:09 Permalink

Recently I've gotten ALOT of Pre-Approval offers, for CC's, in the mail. Theu sound great..until, you read the fine print. The % of these things are SOOO high, it will take a life time (seems like) to pay them off. i was in a situation like this before........NO MORE CC's for me.

Mon, 08/04/2008 - 21:14 Permalink

I still get sick in my stomach about the ones we absolutely had to take out last year. It really aggravates me when over half the payment is interest. I can not wait to pay them off so I can call and say please cancel my account.

Tue, 08/05/2008 - 01:59 Permalink

I had an Imagine card. VERY HIGH % on it. I din't think it was as high as some people said. I would say more than half the payment I made, each month, was for the % only. That's crazy!! I think it did me NO favor, to my credit. It just got to the point that they were tacking on fee after fee, after fee.

Tue, 08/05/2008 - 02:10 Permalink

Know the feeling. Seems like an endleaa cycle. I wish my atty would get off their rich butts and settle my case so I can pay these people before I have a stress attack.

Fri, 08/08/2008 - 00:55 Permalink

How long has it been fireyone? Have they even started the negotiations? Have they given you any indication of how much or when it will all happen? I hope it is soon for you, but don't leave us, stay please. We would miss you if you got a big chunk of change and then deserted us! :wink:

Mon, 08/25/2008 - 12:13 Permalink

It has been by my figurement toooo lllooonngg. They just got my case report together at the end of week before last. Now the atty has to go over it, assign a value and put it in the mail. I know that makes it seem close but I no better than to wish. I think if I didn't call and keep on thier but they would leave me with nothing leftover after med.
It was just accumulating at an extremely fast rate and they still were not moving. Remember I have all the co pays and 20% to pay out of MY pocket until this settles. Do you know how many med bills I pay on each Fn month??????And if they would just settle our ins. com. will then cover at 100% ...No idea how much because they haven't assigned a value and do you know they had the nerve top say they would mail me a letter when they got that all figured out...What happened to the telephone???
Also they have no way of kn owing what coverage she had so I love waiting. Just my lsot wages are over $3000. how annoying all this is when you can barely make ends meet and lose sleep over it.

Mon, 08/25/2008 - 12:20 Permalink

Hopefully you will know something in a month or two or sooner. I am hoping you get it before your intrest is tacked onto your card. goodluck hope it gets here soon.

Sat, 09/06/2008 - 21:28 Permalink

I know this is making me really sick in my stomach. It is November that the interest is tacked on and we haven't got much paid down. It will probaly be at least a thousand in back interest which will put it over the credit limit....I keep thinking here we go again. I am going to give it until mid October and go to the bank. I just can not see how we are going to make another payment, especially one on $5700...I can only imagine what it will be a month.

Sun, 09/07/2008 - 01:10 Permalink

You can rebuild your credit by gettinga secured credit card.

Mon, 09/15/2008 - 19:34 Permalink

Yes, that's true. But right now, I just want to get rid of all of them and not have to think about credit cards or loans.

Tue, 09/16/2008 - 01:58 Permalink

Hi Lorri
If your credit cards are old and if you have a good repayment history with these cards, then I think that you should not close these cards since 35% of your credit score depends upon your payment history. However, you can close them if you think that the annual fees are high and you are not in a position to pay it. But if the cards come with zero annual fees, I would suggest you not to close them. All that you can do is not to use these cards for making payments.

Tue, 09/16/2008 - 11:31 Permalink

Thats true----right now, I am just trying to keep up witht the payments.

Wed, 09/17/2008 - 04:31 Permalink

hat is about where I am too Lorri. I can not even get anything paid down, just making payments barely over the min. It has been an awful past couple years. The accident, then moving , job loss due to arm and I think I just got 5 more gray hairs talking about it.

Sun, 09/21/2008 - 01:08 Permalink

(Just a comment here)..I have a CC with a $250.00 credit limit. It helps my credit and, of course, as I make payments on time (or pay the balance of each month), it gives me a 'ggod' credit history. Alot of people think if they have several CC's, this would give them alot of credit. Actually....what's the use of having several CC's if you can't make the payments on them? I would have 1, maybe 2 and make timely payments to help your credit.

Tue, 06/21/2011 - 10:39 Permalink

I work with a non-profit credit counseling agency and from my experience Capital One is less that lackluster when it comes to customer service and rewards offers.

Just my experience with dealing with consumers with credit cards.

Tue, 08/30/2011 - 17:33 Permalink

If I want new credit card with extra credit limit, is it possible??

Mon, 10/28/2013 - 11:45 Permalink
matzcrorkz (not verified)

c8Gju5 wow, awesome blog article.Much thanks again. Will read on...

Tue, 08/05/2014 - 09:19 Permalink
Sandra Migual (not verified)

My gratitude goes out to the entire team of Hack West Professional Credit Repair. Someone left information ((424) 307 2638, HACKWEST@WRITEME.COM) under a comment section on helping to repair credit. I was interested in knowing more and if the hacking team still does this. I had poor credit, an old bankruptcy and problems with getting approved for an apartment due to 2 broken leases from the past which I explained to HACK WEST when I made contact with them. They cleaned my credit records and they boosted my credit score within just few days of contacting them without charging much. They also referred me to their website. Thanks to you all for this great gesture.

Tue, 12/04/2018 - 12:48 Permalink
Billie Mckay (not verified)

I’d like to share my experience with contacting Credit Wizard. I was referred by Mr. Morris Jeff whom it’s the essence of professionalism. After, speaking with the Credit Wizard I understood why I had been referred to him as he is also the essence of professionalism critically important in any business and difficult to find. He is also kind, patient & always replies to my questions quickly. He has made me feel that I’m understood, important and goes the extra mile. I had an eviction, credit card debts and student loans but as of today you can’t find this in my report any longer. I now have a credit score of 769 with great tradelines. Feel free to contact

Sat, 01/05/2019 - 00:41 Permalink
James885 (not verified)

Greetings Everyone I’m James Bronx from New York; I want to express my sincere Appreciation to Ghost Virus for devoting and putting he’s best to make sure I get my credit fixed. With Transunion 456 Equifax 558 Bankruptcy, Debt, Repos, Collection stuck on my profile I was unable to apply for a loan to purchase a home for my family. My friend introduced me to Ghost Virus on 5th of December 2018 and we began the process of fixing my credit on the 10th just before the Christmas Eve my credit was fixed and my scores increased. Trans 780 Equifax 800 I’m very grateful so excited and my wife credits is currently been taken care. You can get in touch with them at ( text +1 (205) 418 0498).

Tue, 01/08/2019 - 14:35 Permalink
alexandetoney01 (not verified)

Greeting my name is Alexander, Few weeks back I was trying to find someone who could get my credit fixed I had a 480 credit score medical Bills, a couple small credit cards, Collections, liens etc. I was digging online seeking ideas and information to sort my credit mess when I came across various articles speaking about Ghost Virus mostly on Trulia and Quora. I quickly contacted Ghost on he’s mail address (GHOSTVIRUS7890@GMAIL.COM) he gave me he’s phone number +1 205 418 0498 to text him for further elaboration about the process. We had a chat where I explained my worries of getting a good credit he explained the process and everything he would do to get my credit fixed and the cost. The offer was good so we moved on with the project. I provided the necessary info he asked for to get the project done just within 7 days my credit was fixed. I am really thankful to God for making this work out. You can contact him and get your credit fixed today.

Wed, 01/16/2019 - 23:00 Permalink
Johnny Taylor (not verified)

I must acknowledge the tireless effort of Cole Credit Services, your commitment and dedication are greatly appreciated helping men and women with credit issues. I had a bad credit which disqualified me from many things and my score was on a low 474 but after my contact with Cole regarding my credit issues I can now boost of an excellent credit report and my score on a high 790. God bless your entire team and service to the community. I strongly recommend any one with a credit challenge to contact them COLEFRANKSERVICES@GMAIL.COM

Fri, 01/18/2019 - 00:13 Permalink
Ron Myhre (not verified)

I don’t have much to say. Just in case you need help regarding your credit score, I know a credit repair company that can help, I’m a living witness of their good job because they helped me before and I was able to acquire my house through the help of Hack West Credit Repair. You can write HACKWEST@WRITEME.COM or text +1 (424) 307 2638, I don’t mind giving you details on how I went about it. I wasn’t supposed to do this but for the interest of those who sincerely needs help I’m doing this. Cheers!

Sat, 02/02/2019 - 00:12 Permalink