Capital One Ref No 10016.8040
Capital One Ref No 10016.8040
In messages posted in our articles about Capital One, readers asked about the message “this account is currently restricted. (ref. no. 10016.8040)”
So we addressed the issuer and it was informed that 8040 is the code for customer account management.
The reference 10016.8040 is a restriction on new credit card accounts from Capital One. It is an internal reference code so the message will only be retrieved for existing Capital One customers.
Capital One allows only one new account every six months. When existing customers open more than one credit card account in a semester, the restriction ref. no. 10016.804 appears.
There were several massive letters sent to existing customers to open more credit card accounts and customers were taking the opportunity to do so.
The restriction from opening more than one credit card in a semester has the goal of avoiding credit card churning with their SUB incentives.
The new card will remain for you on status restricted until the six-month barrier passes. Request the customer service representative to proceed to revert the hard inquiry notified as a tradeline or line item to the credit bureaus to recover those few points.
I am David, economist, originally from Britain, and studied in Germany and Canada. I am now living in the United States. I have a house in Ontario, but I actually never go. I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.
Related Charges
Consumers who received this charge as a line item in their statement, usually also received the following ones, which might be related:
DDA CLOSURE PAYMENT HISTORY Meaning
PRIME VIDEO 888-802-3080 WA Charge
INTEREST CHARGED TO STANDARD PURCH
OFFER 04 PROMOTIONAL APR ENDED
AMERICAN EXPRESS INTERNAL TRANSACTION
OFFER 04 MOVED TO STANDARD PURCH
NATIONAL CREDIT CARDS AIRLINES.
LOW LEVEL OF AUTHENTICATION INDICATIVE OF ID FRAUD.
We explain, first of all, how to calculate interest after the promotional period, after a debate between readers in the comments section.
We have analyzed the most common charges that our readers are receiving. The majority of them coming from Fidelity.
