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Credit Card Applications » Credit Card Questions » Other Questions » I applied for a credit card with capital one with a balance transfer of $200.00. I have not heard...

I applied for a credit card with capital one with a balance transfer of $200.00. I have not heard...

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Date:
January 11, 2009, 12:42 pm
I applied for a credit card with capital one with a balance transfer of $200.00. I have not heard anything from them. Can I cancel the balance transfer or change the amount?
Answer:
It may take up to 2 weeks for the bank to review your application for a credit card. If you haven't heard from them for more than 2 weeks, then there must have been a mistake in the application process and the issuer just didn't receive your request. In this case, resend your application, or better contact the bank through the telephone number displayed with some of its cards on our website. If the 2-week period is not up yet, wait for the response. Anyway, if you were denied for the card with balance transfer, the bank will let you know. Do not undertake anything before the waiting period expires. First, learn about the bank's decision. If the amount transferred is too large, Capital One will consider you for a lower amount and will inform you of that.

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