Credit Cards

[newstar87]

Last night, I pulled trigger and apped Discover More, Chase Freedom, and Capitol One Rewards Venture (1.25 points/ dollar).

Got approved $1000 for Discover More Card

Pending app for Chase => Updated (03/25): chase gave me $2500

Talked to Capitol 1 rep, I was told it was approved. Later I called backdoor number 800-889-9939 or 800-625-7866.(Account Specialist) -> they said it was denied and a letter was sent out

WTH! I was told it's approved, and now you are telling me it wasn't.

Has anyone reconed succesfully with capitol 1? I called them twice today to get why I was denied and tried to recon but they kept telling me to wait for the letter. Any suggestions for recon?

I am full time student with part time job. I am new to the country and just built credit history 7 months ago. income 12700, here are cards I have:

Citi forward: 1600

Walmart: 400

Paypal smart connect credit line associated to debit card: 800

macy: 200

discover more: 1000

Star One credit union: 500

CAFCU card: 500

I really want to get the venture card bc no foreign transaction and air miles.

ty all

[LS2982]

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newstar87 wrote:

Last night, I pulled trigger and apped Discover More, Chase Freedom, and Capitol One Rewards Venture (1.25 points/ dollar).

Got approved $1000 for Discover More Card

Pending app for Chase

Talked to Capitol 1 rep, I was told it was approved. Later I called backdoor number 800-889-9939 or 800-625-7866.(Account Specialist) -> they said it was denied and a letter was sent out

WTH! I was told it's approved, and now you are telling me it wasn't.

Has anyone reconed succesfully with capitol 1? I called them twice today to get why I was denied and tried to recon but they kept telling me to wait for the letter. Any suggestions for recon?

I am full time student with part time job. I am new to the country and just built credit history 7 months ago. income 12700, here are cards I have:

Citi forward: 1600

Walmart: 400

Paypal smart connect credit line associated to debit card: 800

macy: 200

discover more: 1000

Star One credit union: 500

CAFCU card: 500

I really want to get the venture card bc no foreign transaction and air miles.

ty all

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Maybe your thin file was part of the reason for denial. Unfortunately you'll have to wait for the letter in order to try to recon.

[Chris123nTx]

Honestly, you should be very happy that you have what you have now.

If i were you, i would stop applying for anything at all for at least a year. You stated yourself why you were denied. Very very limited history, multilpe new accounts and inquiries, low income, and such. Just be content with what you have and in a year, pick one card you would like to try to add. Your odds will be much better then.

My opinion for what it is worth.

[Koop10010]

Isn't the VentureOne card for Capital One's excellent credit category?  Which supposedly requires 3 years history and a 5,000 limit on another card?  You need to take more time to establish your credit before applying for a card like that.  Let your current accounts age for awhile before considering another application.

[chris2k5]

I wouldn't bother. Your profile looks very new.

You already have some prime cards too. Discover More, Chase Freedom (I think you'll get it), and Citi Forward. Those are 3 great cards already.

[Mike360]

I wouldn't bother. Be happy with your approvals and don't bother with Cap One. Be happy that you was denied because Capital One is horrible. Enjoy the new cards!

[pipeguy]

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Koop10010 wrote:

Isn't the VentureOne card for Capital One's excellent credit category?  Which supposedly requires 3 years history and a 5,000 limit on another card?  You need to take more time to establish your credit before applying for a card like that.  Let your current accounts age for awhile before considering another application.

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+1 Exactly right.

[jimbo831]

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chris2k5 wrote:

I wouldn't bother. Your profile looks very new.

You already have some prime cards too. Discover More, Chase Freedom (I think you'll get it), and Citi Forward. Those are 3 great cards already.

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+1

You are in great shape for a college student.  Definitely stop apping for a while and get in the garden.  I would love to have those 3 cards.  Probably the 3 best non great credit rewards cards.  Sadly I was only able to get approved for one of them, so I'm jealous.  I don't think you need any more credit though for a while.  Let these age and let the inquiries for them age.  Congrats on your new Discover More, and hopefully Chase Freedom!

[newstar87]

recently, I check APR on Citi Forward. It is 19% now. Do you guys think it is high? Should I call them to ask for decreasing it? How can I decrease the APR? ty

[newstar87]

I really want to get the venture card bc no foreign transaction and air miles. Do you know any cards with similar benefits that I can apply?