Capital One Sub-Prime...Replacement is Platinum

mancini601

Good Evening All,

I have had a sub-prime Cap One card for a number of years with a limit of £200.00. This has never increased despite a good payment record (bad credit elsewhere though). I asked for a replacement card as mine had started to split from being in my wallet and back pocket all the time.

They kindly sent me another which arrived today. It has the same limit (which it should as it's just a replacement) but immediately I noticed it's a different colour. Its black with a purple pattern on the background. In the top right hand corner, its states the word Platinum!!

Could this be an error or have a just got lucky (I daren't call them to check in case they want it back!!) I checked there website and it seems that only people with excellent credit should be receiving this card....

wrangler5

They have new card designs now. Still the same cards though.

http://www.capitalone.co.uk/web/index.jsf

CocoPopsLover

But why does it say platinum? I think thats his main question and im wondering this too!!!

I got my replacement today with the new design but it does not say platinum

naijapower

Yeah, Cap one is confused. Dont understand why it is called Platinum cos it is rather confusing

mancini601

CocoPopsLover wrote: »

But why does it say platinum? I think thats his main question and im wondering this too!!!

I got my replacement today with the new design but it does not say platinum

Precisely my point. It does state platinum and is an exact copy of the Platinum Card on their website. I mean at the end of the day, I still have only a small small limit but maybe they have dropped my interest rate to that of the Platinum Card???? instead of the high 'rebuilder' rate I have always paid...

CocoPopsLover

mancini601 wrote: »

Precisely my point. It does state platinum and is an exact copy of the Platinum Card on their website. I mean at the end of the day, I still have only a small small limit but maybe they have dropped my interest rate to that of the Platinum Card???? instead of the high 'rebuilder' rate I have always paid...

That would be good, wouldnt it?

gazelle8760

mancini601 wrote: »

Precisely my point. It does state platinum and is an exact copy of the Platinum Card on their website. I mean at the end of the day, I still have only a small small limit but maybe they have dropped my interest rate to that of the Platinum Card???? instead of the high 'rebuilder' rate I have always paid...

Capital One would not just drop the interest like that. I have been with them since March 03, and have only dropped about 10% in APR since that time, but I have never had a VISA card with them, it was always a MASTERCARD, and after my card was used fraudulently on the internet two weeks ago, they sent me the replacement card, and it was still Mastercard, and the same card is meant for those with excellent credit history, as the Credit Builder Card is VISA only, so who knows how they work, all I know is, when your statement comes, I think you will find the word Platinum has nothing to do with the interest rate your on, merely the card design it may well portray, so how you view your lucky streak is open to interpretation.

All I know is, I am pretty miffed that I lost my Wild Tiger Card that I had with them, and now have some rather odd grey looking thing with pebbles running through it, not that nice at all really, but it still works.

mancini601

gazelle8760 wrote: »

Capital One would not just drop the interest like that. I have been with them since March 03, and have only dropped about 10% in APR since that time, but I have never had a VISA card with them, it was always a MASTERCARD, and after my card was used fraudulently on the internet two weeks ago, they sent me the replacement card, and it was still Mastercard, and the same card is meant for those with excellent credit history, as the Credit Builder Card is VISA only, so who knows how they work, all I know is, when your statement comes, I think you will find the word Platinum has nothing to do with the interest rate your on, merely the card design it may well portray, so how you view your lucky streak is open to interpretation.

All I know is, I am pretty miffed that I lost my Wild Tiger Card that I had with them, and now have some rather odd grey looking thing with pebbles running through it, not that nice at all really, but it still works.

Guess we'll see about the interest when my next statement comes. My old card was grey with 'lightning' on it and also a Mastercard.

waynepyrah

does it tell you anything when signed in online?

mancini601

waynepyrah wrote: »

does it tell you anything when signed in online?

No. Just the usual credit limit/balance etc.