topic Capital One Venture1 approval in Credit Card Approvals

Capital One Venture1 approval

sihmud — Wed, 03 Aug 2022 01:48:19 GMT

hello all,

just wanted to give an update. I have a quicksilver1 card that I got on the day of discharge. today marks 6 months open and I went on cap one pre-approval and was offered only by secured cards. I decided to pull the trigger for the venture1 no AF. was instantly approved for 5k. APR is not that great but hey it's a start with a decent card and decent limit.

i added some data points to help with anyone wanting or seeking the card.

They pulled both Experian and transunion not equifax.

my Experian fico 8/9 - 666/679

trabsunion fico 8/9 - 646/647

i have a QS1 card with them 3k limit use heavy each month and pay off about 95% each statement cutoff date. I also have a capital one checking account that I deposit small checks into.

my bk was charged off on 02/02/2022

my avg age of account is 2.5 years due to an auto loan I reaffirmed.

Re: Capital One Venture1 approval

Credit4Growth — Tue, 02 Aug 2022 22:24:45 GMT

Instant approval, IME is great progress 👏
Congrats!

Re: Capital One Venture1 approval

Anonymous — Tue, 02 Aug 2022 22:55:55 GMT

@sihmud wrote:
hello all,

just wanted to give an update. I have a quicksilver1 card that I got on the day of discharge. today marks 6 months open and I went on cap one pre-approval and was offered only secured cards. I decided to pull the trigger for the venture1 no AF. was instantly approved for 5k. APR is not that great but hey it's a start with a decent card and decent limit.

Incredible progress you're making.

@sihmud , you are definitely doing something right.

Re: Capital One Venture1 approval

Pway — Tue, 02 Aug 2022 23:05:40 GMT

Congrats on the approval.

Re: Capital One Venture1 approval

Blender — Tue, 02 Aug 2022 23:27:55 GMT

Congratulations on your approval!

Please share some DPs with the group

Re: Capital One Venture1 approval

sihmud — Tue, 02 Aug 2022 23:33:21 GMT

@Blender

this will sound dumb on my end but what are dp's? Lmao sorry

Re: Capital One Venture1 approval

KingRue8500 — Wed, 03 Aug 2022 01:10:09 GMT

Congrats on your Capital One VentureOne approval

Re: Capital One Venture1 approval

nytokyobred79 — Wed, 03 Aug 2022 01:39:11 GMT

@sihmud Congrats on your approval. Also, regarding the term "dp's," this is referring to data points such as your credit bureau scores, age of accounts, any relationships with Cap1, any adverse issues such as delinquencies, etc. Whatever information that can give this group insight as to how they decided on your approval terms. Hope that makes sense.

Re: Capital One Venture1 approval

sihmud — Wed, 03 Aug 2022 01:49:02 GMT

@nytokyobred79 Thanks!

I edited my post and added data points. Hope it helps others!

Re: Capital One Venture1 approval

nytokyobred79 — Wed, 03 Aug 2022 02:19:21 GMT

@sihmud Thanks for sharing the dp's. It's great to see that your relationship with Cap1 is growing more and more.

Re: Capital One Venture1 approval

fullacrobat5 — Wed, 03 Aug 2022 03:44:49 GMT

Congratulations on your Venture1 approval !!

Re: Capital One Venture1 approval

Papa_Bear — Wed, 03 Aug 2022 05:41:10 GMT

Nice! Congrats on the approval.

Re: Capital One Venture1 approval

Mdowning30 — Wed, 03 Aug 2022 15:09:41 GMT

Was this for the "Good credit" version or Excellent ?

Re: Capital One Venture1 approval

sihmud — Wed, 03 Aug 2022 15:18:56 GMT

@Mdowning30

it was the good credit version. I wanted the excellent credit version for the intro 0% APR but went for the one I felt I had a decent chance. My pre approvals only showed secured cards so I was under the impression I wasn't even going to get the good credit venture one

Re: Capital One Venture1 approval

CreditAggie — Wed, 03 Aug 2022 15:55:11 GMT

Congratulations on your Capital One approval!

Re: Capital One Venture1 approval

Mdowning30 — Wed, 03 Aug 2022 16:58:44 GMT

A good data point for those like myself interested in chances between approval odds for the Venture and Venture X. Both say "Excellent" credit but approve those with scores in my range.

Re: Capital One Venture1 approval

sihmud — Wed, 03 Aug 2022 17:08:42 GMT

@Mdowning30

yea I should've probably applied for the excellent credit version but I can always try to upgrade it in the future.

Re: Capital One Venture1 approval

cashorcharge — Thu, 04 Aug 2022 02:47:32 GMT

WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂