Cancelled Capital 1 card and told I could apply again in a week!

HugoSP

Today I phoned up Capital One and asked to cancel my credit card.

The account was actually in credit thanks to the cashback I've accumulated and I've transferred the credit to another credit card.

I was told that I could apply after a week for their 4% cashback for their credit card.

I thought I would have to wait 6 months!

KiKi

So you cancelled a 4% cashback credit card - and you can reapply for another one in a week? Or was the first one not 4%?!

KiKi

neverdespairgirl

HugoSP wrote: »

Behind every great man is a good woman

Behind every great man is an astonished mother-in-law....

abomb1969

Watch out cashback only paid in January every year....

Jennifer_Jane

Thanks for this info. Have also just cancelled a Capital credit card that I was stoozing on, so grateful for this info.

thanks
Jen
x

HugoSP

KiKi wrote: »

So you cancelled a 4% cashback credit card - and you can reapply for another one in a week? Or was the first one not 4%?!

KiKi

The first was not 4%. I'd had it a while and stopped using it when I received Martin's e mail tips my wife applied and got one in her name.

When I originally phone a manager at C1 she advised me also to do just that. She told me that her and her partner did the same.

However Martin's e mail did mention that I would have to wait another 6 months before applying for another C1 card in my name, assumingly regardless of what deal I was on. From what I would have been told today this may not be the case.

When I told her why I was cancelling she told me to apply for another one in a week, I said that I may leave it 3 months when the 5% on my Amex runs out. She understood and agreed that this may be the best option for me.

It all depends on how many places refuse the AMEX card. If I can get my £200 cashback in 3 months then its onto the next C1 card.