Applied for a Capital One Card

gazfocus

I just applied for a Capital One credit card to try and rebuild my credit history and went through the whole process (include signing a credit agreement online), and I was expecting a decision online as to whether I would be offered a card or not.

Do all applications go through to the credit agreement stage or does that only happen when you pass the credit check, etc?

Thanks in advance

KingElvis

I'm suprised they had you sign the application without making an online decision :cool:

Normally they say we'll be in contact in 7 - 10 days or it's a straight accept or decline.

Hope you get it.

gazfocus

KingElvis wrote: »

I'm suprised they had you sign the application without making an online decision :cool:

Yeah, thats what I was thinking.

wizzywig27

they have done this to me three times now, twice they declined me, and on the 3rd application they accepted me

hayton2k3

this happened to me.
first i was declined so got a straight up no.

2nd time i went on Electorol Roll and applied again.
signed agreement and everything and forgot about it until a week later i got a pin through door and then another week card came through.
only £200 limit but better safe than sorry

gazfocus

Well I got my pin number through yesterday so looks like I've been accepted :-) What's the best way to use the card? Is it better to use a little bit (i.e. £10 a month) and pay it off straight away or what?

KingElvis

gazfocus wrote: »

Well I got my pin number through yesterday so looks like I've been accepted :-) What's the best way to use the card? Is it better to use a little bit (i.e. £10 a month) and pay it off straight away or what?

Yeah just use it for a few purchases, pay it off in total every month to avoid the horendous interest charges

DD for the full balance on the card is the best way to go.