As a newbie, I’m still curious on how to find good credit cards.Since I moved here in US, I keep searching what credit card should I used, I applied for different unsecured cards hoping that they would approved me but sad to say they disapproved my application because of the fact that I don’t have any credit history, so my friend told me to try to apply for secured card so I keep searching for different secured card but some of them have bad reviews and high security deposit.
So I keep browsing on the internet and find newdirt blog that gives me an idea to applied for the capital one and make me understand on how to used and manage a credit card.
July 22, 2011 – I applied for secured card with $200 security deposit.
August 04, 2011- received the letter stating that I’m approved.
August 08, 2011- received email that my capital one secured card is on its way
August 19, 2011- received my capital one secured credit card with the credit
limit of $351
August 21, 2011- They take out the $29 annual fee
August 22, 2011- My first purchased
and so on………
As of the moment I don’t have any problem with the capital one secured credit card, I used it wisely. I paid my balance in full ahead of time and just hoping that someday they will refund my security deposit and by reading everyone posts, opinions and sharing ideas it helps me evaluate that I could used the capital one secured credit card to build my credit history.
Welcome to the forums, I’m glad you joined. Congratulations on getting your card. Keep up the good work and make sure to keep us posted with your progress.
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