topic Re: Capital One pre approval questions? in Credit Card Applications

Capital One pre approval questions?

Anonymous — Tue, 27 Oct 2020 23:43:36 GMT

Hey guys, quick question. I received this pre-approval email from Capital One today. I know the Savor One generally has an AF but I've looked through everything in the email and link and it appears this offer does not have an AF. Also, 9 months 0% intro APR. My question is when you receive these types of pre-approvals from Capital One are they still going to triple hard pull from all the bureaus? Thoughts? Thanks.

Re: Capital One pre approval questions?

addicted_to_credit — Tue, 27 Oct 2020 23:47:51 GMT

Congratulations on your offer! I states no annual fee so you're good to go there. It is cap1 so I'd expect the triple whammy, if you don't get them then you've caught a unicorn!

Re: Capital One pre approval questions?

AllZero — Wed, 28 Oct 2020 00:10:40 GMT

As above, expect a triple pull

Savor $95 annual fee.
Savor One No annual fee. 1% less on dining and restaurant rewards.

https://www.capitalone.com/credit-cards/dining-and-entertainment/

Re: Capital One pre approval questions?

FinStar — Wed, 28 Oct 2020 00:12:35 GMT

@Anonymous wrote:
Hey guys, quick question. I received this pre-approval email from Capital One today. I know the Savor One generally has an AF but I've looked through everything in the email and link and it appears this offer does not have an AF. Also, 9 months 0% intro APR. My question is when you receive these types of pre-approvals from Capital One are they still going to triple hard pull from all the bureaus? Thoughts? Thanks.

To my knowledge, the Savor One doesn't have any AF. The Savor does, however. That said it appears you received one of the "alternative" offers that do not have a SUB and the go-to APR is fairly higher. I would pass on the offer unless you're dead-set on the approval terms and the SUB is a non-event for you.

And, yes, if you accept the offer it'll be a triple whipple.

Re: Capital One pre approval questions?

Anonymous — Wed, 28 Oct 2020 00:22:15 GMT

Thanks guys. I'll pass on this one. The last thing i need is another card that gets bucketed and won't grow long term.

Re: Capital One pre approval questions?

Anonymous — Wed, 28 Oct 2020 00:50:38 GMT

Maybe if i call they will PC my quicksilver card. I have 2% on everything with PenFed so I'll likely never use it. They already PC'd me to the quicksilver from the platinum so we will see.

Re: Capital One pre approval questions?

Anonymous — Wed, 28 Oct 2020 00:56:10 GMT

@Anonymous wrote:
Maybe if i call they will PC my quicksilver card. I have 2% on everything with PenFed so I'll likely never use it. They already PC'd me to the quicksilver from the platinum so we will see.

Odds are that QS is bucketed. Still good to see an offer. Good luck if you do go with it!

Re: Capital One pre approval questions?

Anonymous — Wed, 28 Oct 2020 16:40:14 GMT

Congrats on the offer and thanks for the sharing the screenshot @Anonymous . I've been receiving invitations to apply daily which is clearly different from a pre-approval email. Now I know what to look for.

@Anonymous wrote:

Hey guys, quick question. I received this pre-approval email from Capital One today. I know the Savor One generally has an AF but I've looked through everything in the email and link and it appears this offer does not have an AF. Also, 9 months 0% intro APR. My question is when you receive these types of pre-approvals from Capital One are they still going to triple hard pull from all the bureaus? Thoughts? Thanks.

Re: Capital One pre approval questions?

blindambition — Wed, 28 Oct 2020 16:47:08 GMT

That's the Saver One pre-approval for Good credit. A tier below Excellent. They offer short promo period, but no SUB and higher APR.

Yes 3 HP. Saver One has no AF!

Re: Capital One pre approval questions?

Anonymous — Wed, 28 Oct 2020 20:01:50 GMT

Yeah, I know my quicksilver is bucketed and I also don't use it anymore and in all honesty, wouldn't use this one either. I get 2% on everything through PenFed so the 1% bump on dining only definitely isn't worth 3 HP's.