topic Re: Capital One mailer in Business Credit

Capital One mailer

Creditplz — Sun, 12 Jun 2016 00:56:15 GMT

This is the third mailer I've gotten in the last 2 weeks from Capital One, are these pre approvals or just advertising? It has a access code and reservation number on all of them just asking because I can never tell the difference between the two

Re: Capital One mailer

Creditplz — Sun, 12 Jun 2016 00:57:18 GMT

The other two were for QuickSilver VS and Venture that I still have

Re: Capital One mailer

myjourney — Sun, 12 Jun 2016 01:29:20 GMT

The offers stinks for a biz card

Last 2 months I've gotten the $1k for 10k spend

Which IMHO sucks when the standard offer is usually $500 for $4500 spend

Also moving to Biz

Re: Capital One mailer

Anonymous — Sun, 12 Jun 2016 01:32:35 GMT

They are pre-approvals, and Cap1's pre-approvals are pretty solid. I'm loving that Spark offer - $500 bonus and 2% cashback - what's the annual fee after the intro period?

Re: Capital One mailer

Anonymous — Sun, 12 Jun 2016 01:32:04 GMT

@myjourney wrote:
The offers stinks for a biz card
Last 2 months I've gotten the $1k for 10k spend
Which IMHO sucks when the standard offer is usually $500 for $4500 spend

Also moving to Biz

Re: Capital One mailer

myjourney — Sun, 12 Jun 2016 01:35:31 GMT

@Anonymous wrote:
They are pre-approvals, and Cap1's pre-approvals are pretty solid. I'm loving that Spark offer - $500 bonus and 2% cashback - what's the annual fee after the intro period?

AF $59

Can get the same rewards with the no AF and asking that rewards be upgraded to 2%

Re: Capital One mailer

Creditplz — Sun, 12 Jun 2016 02:20:25 GMT

Apr is 17.xx variable, no AF first year

Re: Capital One mailer

Creditplz — Tue, 14 Jun 2016 05:17:57 GMT

JustMe, intro period is $0 first year. I think I'll hold off on this offer

Re: Capital One mailer

SouthJamaica — Tue, 14 Jun 2016 12:27:22 GMT

@Creditplz wrote:
This is the third mailer I've gotten in the last 2 weeks from Capital One, are these pre approvals or just advertising? It has a access code and reservation number on all of them just asking because I can never tell the difference between the two

1. As to whether it's a prequalification, I can't tell from what's clear in the picture. Usually if it's got one interest rate, rather than a range, it's a prequalification.

2. A $600 cash bonus sounds great to me.

3. I have the card, and find it to be excellent so long as you don't mind it reporting on your personal credit.

Re: Capital One mailer

CreditUnionFan — Sat, 18 Jun 2016 20:22:40 GMT

I've not seen the $1k for $10k bonus offer yet.

Last year I accepted the $500 for spending $4500 offer for the Spark with no annual fee but only earns 1.5% cash back.

In their branches, you can get the card that earns 2% and has no annual fee even after the first year. If you ask nicely, they will match the bonus offer of $500 after $4500 spend.

When I asked, they would not upgrade the 1.5% card, so I ended up applying for new cards.

There are a couple of downsides - Capital One will pull all three major bureaus (EQ, EX, TU) and will also report to both personal and business credit reports. Even with those disadvantages, I still use the card on a regular basis.

Re: Capital One mailer

Anonymous — Sun, 19 Jun 2016 02:35:27 GMT

Funny you post this, I've gotten two in two weeks from them. No thank you

@Creditplz wrote:
This is the third mailer I've gotten in the last 2 weeks from Capital One, are these pre approvals or just advertising? It has a access code and reservation number on all of them just asking because I can never tell the difference between the two