topic Re: Venture ? in Credit Card Applications

Venture ?

Imhotrodcrazy — Sun, 08 Feb 2015 20:57:56 GMT

I got a pre-qual on all of the cap one cards. I haven't hit the app button yet. I am qualified for the venture card with a a 13.9% interest rate. What kind of a starting line do you think that indicates? Has anyone received 13.9% with their recent approval. If so, what kind of a sl did you get? Also approved for a QS at 12.9%, so I am looking for a little input here. I have been looking for a card to replace my US Bank Cash+ card. Any info would be appreciated. Thanks

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 21:00:00 GMT

With your scores and current lines, I'd guess $20K minimum and wouldn't be surprised if it went much higher.

Re: Venture ?

CreditCuriosity — Sun, 08 Feb 2015 21:20:04 GMT

Only seen one or two in the 13.9% and that was the 50k one or was that two 50k's.. Might of missed one.. I think you would get a huge limit with scores/profile.

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 21:21:18 GMT

@Imhotrodcrazy wrote:
I got a pre-qual on all of the cap one cards. I haven't hit the app button yet. I am qualified for the venture card with a a 13.9% interest rate. What kind of a starting line do you think that indicates? Has anyone received 13.9% with their recent approval. If so, what kind of a sl did you get? Also approved for a QS at 12.9%, so I am looking for a little input here. I have been looking for a card to replace my US Bank Cash+ card. Any info would be appreciated. Thanks

Your scores are better than mine and I got approved for 20k. So with your scores and good income, probably 50k thus if you have some other high limits. We can't tell for sure but it should be good.

Re: Venture ?

Imhotrodcrazy — Sun, 08 Feb 2015 21:27:54 GMT

@CreditCuriousity wrote:
Only seen one or two in the 13.9% and that was the 50k one or was that two 50k's.. Might of missed one.. I think you would get a huge limit with scores/profile.

When I read your reply I started to get heart palpitations. If I was approved for that I would probably faint. This old man has a weak heart.

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 21:31:45 GMT

@CreditCuriousity wrote:
Only seen one or two in the 13.9% and that was the 50k one or was that two 50k's.. Might of missed one.. I think you would get a huge limit with scores/profile.

There were, indeed, two $50K's reported.

Re: Venture ?

SMDLiquid — Sun, 08 Feb 2015 21:33:50 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
Only seen one or two in the 13.9% and that was the 50k one or was that two 50k's.. Might of missed one.. I think you would get a huge limit with scores/profile.
There were, indeed, two $50K's reported.

Thats a crazy starting limit Wow!

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 21:39:19 GMT

App already! We're all curious

Re: Venture ?

CreditCuriosity — Sun, 08 Feb 2015 21:48:28 GMT

You will come out well regardless... You got the best APR on both cards they offer.. If you decide to do both, do the Venture first then the QS... I am so curious what your CL would be. Guessing 20k+, but most likel 30k-50k on the Venture and maybe a bit lower on the QS... Obviously make sure you want the card and can utilize it vs. just having it for the big CL's .. Unless you need it for utilization, but with your scores I don't speculate that is why you would want it.

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 21:55:02 GMT

only one way to find out

Re: Venture ?

Imhotrodcrazy — Sun, 08 Feb 2015 21:57:09 GMT

While I am looking to replace my US Bank card for various reasons, I am not an impulsive person, ( I guess because of my age and being very conservative ), I think things out for a long time, maybe too long. This use to drive my ex-wife crazy. It would take me weeks to look for a car. I do appreciate all of the input, and I will certainly let you know if and when I apply and the results of the app. That is after I recover from fainting should I get a large starting line.

Re: Venture ?

CreditCuriosity — Sun, 08 Feb 2015 22:05:25 GMT

@Imhotrodcrazy wrote:
While I am looking to replace my US Bank card for various reasons, I am not an impulsive person, ( I guess because of my age and being very conservative ), I think things out for a long time, maybe too long. This use to drive my ex-wife crazy. It would take me weeks to look for a car. I do appreciate all of the input, and I will certainly let you know if and when I apply and the results of the app. That is after I recover from fainting should I get a large starting line.

Nothing wrong with that thought pattern!

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 22:12:47 GMT

@CreditCuriousity wrote:
@Imhotrodcrazy wrote:
While I am looking to replace my US Bank card for various reasons, I am not an impulsive person, ( I guess because of my age and being very conservative ), I think things out for a long time, maybe too long. This use to drive my ex-wife crazy. It would take me weeks to look for a car. I do appreciate all of the input, and I will certainly let you know if and when I apply and the results of the app. That is after I recover from fainting should I get a large starting line.
Nothing wrong with that thought pattern!

@Anonymous,

Agreed. If OP doesn't have use for it then it is right so not to app.

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 22:16:00 GMT

Did you app yet?

Re: Venture ?

NRB525 — Sun, 08 Feb 2015 22:31:19 GMT

@Anonymous wrote:
Did you app yet?

Seriously +1

What is taking so long? App already, what is there to consider?

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 22:32:39 GMT

Two $50K limits in one household:

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Success-from-these-boards/m-p/3787972

That brings us up to four known.

Re: Venture ?

Anonymous — Sun, 08 Feb 2015 23:02:00 GMT

@Anonymous wrote:
Two $50K limits in one household:

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Success-from-these-boards/m-p/3787972

That brings us up to four known.

@Anonymous,

I saw that and couldn't believe it based on the initial limits OP provided. CAP 1 definately has lost their minds

Re: Venture ?

Anonymous — Mon, 09 Feb 2015 01:09:32 GMT

Scores are not everything. What about income and util? The two from creditboads that got the 50k both put like 150k income.

Re: Venture ?

CreditCuriosity — Mon, 09 Feb 2015 01:50:27 GMT

@Anonymous wrote:
Scores are not everything. What about income and util? The two from creditboads that got the 50k both put like 150k income.

Income is deffinetly going to factor into the limit they give you.. Someone making 40k they aren't going to give a 50k CL to obviously.. 150k isn't an uncommon income really. I am probably the lowest earner of all my friends... They are all lawyers and what not anyways so so ya 150k isn't a huge amount of money in the grand sceme of the encomony.. To some it is, others it isn't.

Re: Venture ?

Anonymous — Mon, 16 Mar 2015 20:10:34 GMT

Did your ever app?