topic Re: Capital One App in Credit Card Applications

Capital One App

GiveAriCredit — Wed, 19 Oct 2022 21:13:48 GMT

Hi! I'm new here and I'm hoping someone has insight. I recently turned 18 and I am trying to develop credit. This morning I pre-qualified and applied for the capital one quicksilver and got an email saying it's under a standard review and they will contact me shortly. I was never contacted. I decided to try again and applied for the savor card that I was also pre-qualified for but this time I was denied. Any advice or insight?

Re: Capital One App

cashorcharge — Wed, 19 Oct 2022 21:49:29 GMT

@GiveAriCredit wrote:
Hi! I'm new here and I'm hoping someone has insight. I recently turned 18 and I am trying to develop credit. This morning I pre-qualified and applied for the capital one quicksilver and got an email saying it's under a standard review and they will contact me shortly. I was never contacted. I decided to try again and applied for the savor card that I was also pre-qualified for but this time I was denied. Any advice or insight?

Not sure how long you waited for them to contact you but suffice to say...you may want to call them.

https://www.capitalone.com/learn-grow/money-management/how-to-check-capital-one-application-status/

Re: Capital One App

Vuby22 — Wed, 19 Oct 2022 23:22:06 GMT

You might get the first one to establish since it IS Cap1 but without being scoreable (just turning 18 assuming no file/AUs) subsequent apps would be instant denial?

Re: Capital One App

OmarGB9 — Thu, 20 Oct 2022 04:30:35 GMT

@Vuby22 wrote:
You might get the first one to establish since it IS Cap1 but without being scoreable (just turning 18 assuming no file/AUs) subsequent apps would be instant denial?

No, the second card being instantly denied is due to Capital One's "only one application every 6 months" rule. Whether you're approved or denied on the first application is irrelevant.

OP, I think you just took 6 HPs (2 per bureau). I'd have called and asked about the status of the first before trying again. As it stands, I'd still suggest giving them a call.

Re: Capital One App

GiveAriCredit — Thu, 20 Oct 2022 09:55:03 GMT

Thank you all for responding. I got a letter saying they denied the card due to a pending or recently processed app. I still haven't heard anything about the first app. I will call them.

Re: Capital One App

GiveAriCredit — Thu, 20 Oct 2022 13:27:46 GMT

I called. They need my social security card, my ID, and proof of address. They said I will get a letter in 7-10 days telling me how to submit it to them.

Re: Capital One App

OmarGB9 — Thu, 20 Oct 2022 17:26:51 GMT

@GiveAriCredit wrote:
I called. They need my social security card, my ID, and proof of address. They said I will get a letter in 7-10 days telling me how to submit it to them.

There you go. Just be patient.