topic Capital One - 3rd Card App - Venture or Quicksilver? in Credit Card Applications

Capital One - 3rd Card App - Venture or Quicksilver?

JaseT — Fri, 16 Mar 2018 15:43:13 GMT

The end of this month marks 6 months since my last Cap One app. I will be hitting them up for a CLI on my Quicksilver and then I want to apply for a 3rd card from them. I will be trying out the prequalifier to see what they offer. I don't travel so I'm more inclined to ask for a second Quicksilver card and then combine them in six months but I'm not ruling out the Venture. I really want a card that is at least $5k, so would the Venture or the Quicksilver be more likely to start with that limit (or higher)? One year post-discharge and my FICO scores are in the 650-692 range.

I've considered other cards, but I burned NFCU, Discover, Citi, PSECU, Alliant, Amex, USAA, PenFed, and Nordstrom in my BK7, so CapOne is probably where I need to stay for now. I tried to obtain a BOA Secured card, but they said NO NO NO.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 16:39:07 GMT

You burned AMEX??? Noooooooo!! lol Venture is your best bet for a high CL. I would go with that. Remember, you can now merge cards online to combine the CLs. The card you're merging from needs to have $0 balance and over 6 months old...that would be another option to get high CL card.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

JaseT — Fri, 16 Mar 2018 16:56:54 GMT

Yeah....Amex got burned.

It was only for $700 though. I should've taken them up on their OPTIMA offer but I didn't so it looks like it will be several years before they will even consider me again.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 17:11:07 GMT

Edited to correct Venture scores. I read the wrong line the first time.

My data points for both cards:

Quicksilver WEMC, 13 months post-BK, EQ 695, TU 655, EX 682, $10000 SL. Cold app.

Venture Visa Sig, 20 months post-BK, EQ 686, TU 652, EX 685, $15000 SL. Pre-qualified.

Hope these help, although I do think Cap1 has tightened up a bit since I got the Venture.

Good luck! Let us know what happens!

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 18:36:33 GMT

OP - Don't apply for anymore store card, you should be fine with what you have. When did you get all of your cards? if too recent, i would wait on the 3rd card. You have enough to garden and grow.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

JaseT — Fri, 16 Mar 2018 20:26:51 GMT

Lowe's and Kohl's were the only two store cards I wanted as they are the only two I will use. I got them for the discounts as I shop at both stores regularly. Here's a breakdown on when I got my cards:

3/17 Capital One Quicksilver MC (was a Platinum)

4/17 Credit One Bank Visa (closed this acct earlier this month)

9/17 Capital One Savor MC (was a Platinum)

9/17 Kohl's

1/18 Barclay's Apple Rewards Visa

1/18 Lowe's

2/18 Comenity Williams Sonoma Visa

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Adkins — Fri, 16 Mar 2018 20:37:40 GMT

Barclays can be weird about apps after them, especially several apps. (The best term I'veIread here is "jealous lover") I echo everyone else and recommend gardening for at least 3 months, preferably six, before apping again.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 20:41:16 GMT

Do you have two Cap1 cards now and your going to app for a third? If so it will be a waste of a hard pull. I tried for a third card last month and was denied due to having two cards with them already which is their max.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 21:47:36 GMT

@Anonymouswrote:
Do you have two Cap1 cards now and your going to app for a third? If so it will be a waste of a hard pull. I tried for a third card last month and was denied due to having two cards with them already which is their max.

I've read that you can only have 2 starter cards, but you can have a total of 4 cards.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

HeavenOhio — Fri, 16 Mar 2018 22:18:39 GMT

Their website says five cards. The OP's cards are a QS and Savor, so he should be fine if he wants a third.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

Anonymous — Fri, 16 Mar 2018 23:19:11 GMT

Why would you want two Quicksilvers? Are you just getting cards to get cards? There are ton of cards out there I don't see why you would need two 1.5 percent cards.

Re: Capital One - 3rd Card App - Venture or Quicksilver?

JaseT — Fri, 16 Mar 2018 23:27:12 GMT

No I'm not getting cards just to get cards. I want to get a card with a $5k+ limit and I like my Quicksilver. I'd like a second one that I can combine with my current one in 6 months. My options for cash back card lenders are limited due to my BK7 burning so many.

Since both of my current CapOne cards were on credit steps, I'm afraid neither one will reach a very high limit and will never convert to WEMC. A new card may take care of both.