topic Re: Capital One Venture Card (high initial cl?) in Credit Cards

Capital One Venture Card (high initial cl?)

Anonymous — Wed, 10 Dec 2014 06:20:20 GMT

Ok so i read alot of posts on here and i always look at people's signatures and what i noticed that from all the ccs, capital one venture has always seem to be with one of the highest credit lines..

Now to all who has the card, what was your cl at the time of approval? and was it higher than your most credit cards?

I know capital one is stingy with their credit lines, but seems like they give out more on that card..

Please share your info if you can.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Wed, 10 Dec 2014 14:23:51 GMT

@Anonymous wrote:
Ok so i read alot of posts on here and i always look at people's signatures and what i noticed that from all the ccs, capital one venture has always seem to be with one of the highest credit lines..
Now to all who has the card, what was your cl at the time of approval? and was it higher than your most credit cards?
I know capital one is stingy with their credit lines, but seems like they give out more on that card..
Please share your info if you can.

Don't have it, Considering it though for next year once i'm considered "all-prime"

Re: Capital One Venture Card (high initial cl?)

navajomyst2003 — Wed, 10 Dec 2014 15:48:55 GMT

Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.

Re: Capital One Venture Card (high initial cl?)

Credit-hoarder — Wed, 10 Dec 2014 15:51:24 GMT

I've been eyeballing the approvals on that card and have noticed that as well. I've got my eye on that card for next year too for the same reason.

Discover It-$6K ll Wells Fargo Visa-$6K ll USAA Cash Rew. Visa-$13K llChase Sapphire Prefereed-$5K ll Capital One QS
Visa Signature-$5K ll OCCU Beaver Visa-$1.5K ll AMEX Green-NPSL ll Macy's-$2.5K ll Wal Mart Discover/GECRB-$2K ll
Chase/BP Gas-$500 ll Sears/Citi-$2k ll Pay-Pal Smart Connect/GECRB-$2.5K ll Best Buy/Citi-$4K ll Sportsman's Guide Visa-$7K ll
Coldwater Creek M/C-$4.5K ll Credit Union Visa-$2.5K ll FNBO AMEX-$6K ll Barclay Rewards WMC-$2.5K ll Chase Freedom-$1.5K

ll Camping World Good Sam Visa-$2.25K ll Union Plus Mastercar/Capital One-$2K

Re: Capital One Venture Card (high initial cl?)

Kenny — Wed, 10 Dec 2014 15:50:50 GMT

Not always the case for all approvals. I know many 5k approvals.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Wed, 10 Dec 2014 15:53:34 GMT

@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.

These type of CL's are almost unheard from w/CapOne, at least since the glory days of credit 10 years ago.

Re: Capital One Venture Card (high initial cl?)

navajomyst2003 — Wed, 10 Dec 2014 16:02:30 GMT

@Anonymous wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
These type of CL's are almost unheard from w/CapOne, at least since the glory days of credit 10 years ago.

I was only expecting around 10K or so since my QS with them is at 8K. I would definitely not promote this as a norm for Cap1.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Wed, 10 Dec 2014 16:20:17 GMT

@navajomyst2003 wrote:
@Anonymous wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
These type of CL's are almost unheard from w/CapOne, at least since the glory days of credit 10 years ago.
I was only expecting around 10K or so since my QS with them is at 8K. I would definitely not promote this as a norm for Cap1.

Oh, I know.

It's just an admirable CL from CapOne is all. Wish they'd give me that kinda love, hahah.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Wed, 10 Dec 2014 19:16:37 GMT

@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.

How did you manage to do that? I heard they refuse combining credit limits

Re: Capital One Venture Card (high initial cl?)

navajomyst2003 — Wed, 10 Dec 2014 19:54:01 GMT

@Anonymous wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
How did you manage to do that? I heard they refuse combining credit limits

NFCU does allow you to consolidate and reallocate, at least based on my experience. I actually got the idea from CreditAddict who, I think, rolled flagship into cash rewards. I did the opposite, rolling cash rewards into flagship because max CL on flagship is $85K compared to $50K on cash rewards, so I still have room to grow on flagship if NFCU decides they want to give me more credit (although 50 is way more than enough). Cap1 will not, though, consolidate or reallocate. I asked them to roll by QS CL into Venture and they said they do not do that anymore.

Re: Capital One Venture Card (high initial cl?)

skigirl916 — Thu, 11 Dec 2014 00:44:58 GMT

@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.

I really don't believe this to be true. Not from CapOne.

Re: Capital One Venture Card (high initial cl?)

taxi818 — Thu, 11 Dec 2014 00:52:37 GMT

@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.

It is true. as many have posted those limits lately. in fact. cap one has really opened up the wallet lately. so not surprising. This is their high end card keep in mind. So by doing this to a few. the rest of the big limit seekers will follow and try and duplicate.

Re: Capital One Venture Card (high initial cl?)

skigirl916 — Thu, 11 Dec 2014 00:54:57 GMT

@taxi818 wrote:
@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.
It is true. as many have posted those limits lately. in fact. cap one has really opened up the wallet lately. so not surprising. This is their high end card keep in mind. So by doing this to a few. the rest of the big limit seekers will follow and try and duplicate.

Just because people are posting these limits doesn't make it true.

I simply do not believe CapOne is issuing cards with limits that high - to anyone.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Thu, 11 Dec 2014 00:55:56 GMT

@skigirl916 wrote:
@taxi818 wrote:
@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.
It is true. as many have posted those limits lately. in fact. cap one has really opened up the wallet lately. so not surprising. This is their high end card keep in mind. So by doing this to a few. the rest of the big limit seekers will follow and try and duplicate.
Just because people are posting these limits doesn't make it true.

I simply do not believe CapOne is issuing cards with limits that high - to anyone.

What if I told you I got a CSP with a $200,000 limit?

Hahahahahahha. Yeah.

Re: Capital One Venture Card (high initial cl?)

taxi818 — Thu, 11 Dec 2014 01:03:54 GMT

True people can say anything. but its not like a zillion people saying. that. and it is not just on this forum. other forums have reported the same thing. but in any case i will just go with own experience with cap 1. when i was in their credit steps. they said i would get 250 dollar increase. but in fact. it was a 3k increase. so i know for sure they are being much more generous then their previous actions. so why not on their top end cards as well. most people will not lie about their credit issues. at least here they won't but im sure a few bad apples even here. so your doubt is not unfounded. me i choose to beleive them. as all their other facts. are in line with it.

But if my siggy said my eq score is 655 and thats what i got. no way.

But if they are posting 813 eq fico. i can see that happening. and good income. so now i just got my first 10k limit after 2 months with amex. i know most won't beleive it. but its true. so everyone has their own opinion of it.

Re: Capital One Venture Card (high initial cl?)

Roarmeister — Thu, 11 Dec 2014 01:04:33 GMT

Mine is not a Venture but a Platimum card. $20k from day 1, no upgrades. In fact I called them and asked about a CLI and they told me they don't do CLIs on that particular product.

Re: Capital One Venture Card (high initial cl?)

navajomyst2003 — Thu, 11 Dec 2014 01:46:43 GMT

@skigirl916 wrote:
@taxi818 wrote:
@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.
It is true. as many have posted those limits lately. in fact. cap one has really opened up the wallet lately. so not surprising. This is their high end card keep in mind. So by doing this to a few. the rest of the big limit seekers will follow and try and duplicate.
Just because people are posting these limits doesn't make it true.

I simply do not believe CapOne is issuing cards with limits that high - to anyone.

I think a good dose of skepticism is a good thing and I would have trouble believing it too considering the limit on my QS. But it is true and I have almost met the min spend for the bonus points.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Thu, 11 Dec 2014 01:55:14 GMT

@skigirl916 wrote:
@taxi818 wrote:
@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.
It is true. as many have posted those limits lately. in fact. cap one has really opened up the wallet lately. so not surprising. This is their high end card keep in mind. So by doing this to a few. the rest of the big limit seekers will follow and try and duplicate.
Just because people are posting these limits doesn't make it true.

I simply do not believe CapOne is issuing cards with limits that high - to anyone.

So how high is believable for you? I really don't know how you can make such statements without more internal knowledge of Cap One underwriting. You may be basing on all the other reports of low limits, but as you say, posting doesn't make those true either.

Re: Capital One Venture Card (high initial cl?)

navajomyst2003 — Thu, 11 Dec 2014 14:23:33 GMT

@skigirl916 wrote:
@navajomyst2003 wrote:
Approved for this card last month with initial CL of $50,000. I was very surprised. I have the same CL with NFCU but that was the result of consolidating two cards into one.
I really don't believe this to be true. Not from CapOne.

Re: Capital One Venture Card (high initial cl?)

Anonymous — Thu, 11 Dec 2014 14:31:45 GMT