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Author: Chiba One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308643  
Subject: Re: Three cards from same bank Date: 9/2/1999 11:18 AM
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I have 3 credit cards from Capital One bank. I called to find out if I could just consolidate the darn things into one account since they're all Capital One, but they claim they can't do it because all the cards have different rates and terms. Can't they just average out the rates and terms? And is there anyone in particular I should speak to to try to get this accomplished? I feel silly every month writing 3 checks to the same company.

If you ave enough of a credit limit on any one of them, see if you can do a balance transfer. Obviously, you'd want to use the card with the best terms - so determine which on that is. If you don't have a high enough limit, request one.

I would approach this as if you want a higher limit to transfer a balance from another bank. Then, if they will raise the limit and allow the transer, ask them for "transfer checks" rather than doing the transfer over the phone. If you pull this off, you can then write the checks to that bank to pay off the other two cards.

Sounds sly and sneaky -- but hell, aren't they?

Good luck!

Chiba.
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