Payments online are quick if submitted before 8pm, it will go through the same day for me. As you are young and dumb, you don't realize how important a thing such as credit can be until you learn the hard way. In the future, I want to be able to finance a home, car, motorcycle, and other things without a co-signer. Many other creditors declined my applications because of my bad credit. How do you expect to build credit back up when nobody won't give you that chance, right?
A lot of people are complaining about this card not graduating. I wouldn't expect too much considering this card was mainly for rebuilding your credit. I'm sure the customer service reps have different answers to the same questions which is not very helpful either. I see on some sites that this card does not charge an annual fee, and others say it does. I am confused? Either they do or they don't, but most websites I see says it has no annual fee, I guess I will find out when my year hits with this card if I end up paying, but it's a very small price to pay to have a second chance on rebuilding your credit as I notice other secure credit cards charge a very high annual fee. Yes, APR is high, but as long as you make payments on time, no worries on that. To those who choose to want to graduate, but can't, you have an option to apply for better cards!
I love the credit tracker on the account. Although it's not the true score, it gives you an idea of how you're doing. I also use Credit Sesame & Credit Karma as references to check credit scores however those scores I have also read are not accurate as well, but still have something to go by. If you want to check your TRUE credit scores, unfortunately you have to PAY for them and they want to make you pay for the subscriptions monthly, when all you should do is use the trial membership [when they ask for your credit card/debit card info] and cancel before the trial is up. My score on the credit tracker started off 569 and now it is at 652. My score is slowly going back up and I have Capital One to thank for a second chance when nobody else would give it. I am going to continue usage until the year period then I will apply for a Capital One Rewards Signature card.… show more