topic Re: Triple pull from Capital One!?! in Credit Cards

Triple pull from Capital One!?!

Anonymous — Fri, 10 Jun 2016 23:19:08 GMT

I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen

Re: Triple pull from Capital One!?!

Anonymous — Fri, 10 Jun 2016 23:21:42 GMT

Yup!!! As far as I know they are the only cc that does this. But they have given me some really nice SCL so I think it was worth it.

Re: Triple pull from Capital One!?!

One2spooku — Fri, 10 Jun 2016 23:22:57 GMT

It's kinda what they do.

This is why people apply for muliple cards at one time. If you're going to take 3 HPs, ya might as well make it count.

Re: Triple pull from Capital One!?!

Anonymous — Fri, 10 Jun 2016 23:23:11 GMT

@Anonymous wrote:
As far as I know they are the only cc that does this.

NFCU

Re: Triple pull from Capital One!?!

Anonymous — Fri, 10 Jun 2016 23:24:04 GMT

Look at it like this, you'll have unlimited SP CLIs. More than likely, it will grow very very fast like mine did.

Re: Triple pull from Capital One!?!

Ghoshida — Fri, 10 Jun 2016 23:24:37 GMT

@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen

True, but it's also one of the few credit cards that will subsequently do all CLIs by SP, and will be very generous when it comes to carrying balances and stuff.

Give and take.

Re: Triple pull from Capital One!?!

Anonymous — Sat, 11 Jun 2016 00:01:21 GMT

@Anonymous wrote:
@Anonymous wrote:
As far as I know they are the only cc that does this.
NFCU

NFCU pulls all three bureaus to open a credit card?

Re: Triple pull from Capital One!?!

Anonymous — Sat, 11 Jun 2016 00:11:50 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
As far as I know they are the only cc that does this.
NFCU
NFCU pulls all three bureaus to open a credit card?

They did not for me. Only 1.

Re: Triple pull from Capital One!?!

Anonymous — Sat, 11 Jun 2016 00:22:04 GMT

@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen

It's also REALLY common knowledge here, so if it was a concern to you a little research could have given you a chance to decide if it was worth it to you. Now, as others have said, look for the upside.

Re: Triple pull from Capital One!?!

AverageJoesCredit — Sat, 11 Jun 2016 00:23:17 GMT

I know they're not "prime" but when starting my rebuild last year Fingerhut triple pulled me. No extra benifits like youll see but it does happen.

Re: Triple pull from Capital One!?!

pipeguy — Sat, 11 Jun 2016 02:56:21 GMT

@Anonymous wrote:
@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen
It's also REALLY common knowledge here, so if it was a concern to you a little research could have given you a chance to decide if it was worth it to you. Now, as others have said, look for the upside.

+10 Yup, posted many many many times. Except for "co-branded" cards such as GM BuyPower (one pull) and I assume cards like Kohl's are not 3 HP's, but I don't have any experience with that card.

Edit/Add - more and more cards are pulling more than one CRA, I know Citi likes to pull 2 and there are others - not too many pull all 3.

Re: Triple pull from Capital One!?!

UncleB — Sat, 11 Jun 2016 03:15:07 GMT

@Anonymous wrote:

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
As far as I know they are the only cc that does this.
NFCU
NFCU pulls all three bureaus to open a credit card?

They did not for me. Only 1.

Only one for me as well (EQ).

They usually pull TU for membership so if you get your membership and a card on the same day you will get two pulls, but only one is actually for the card (at least for most folks). I'll also mention that if you get a CLOC the same day, that would be yet another separate pull as well, which is how most people end up with multiple HPs from NFCU.

Re: Triple pull from Capital One!?!

UncleB — Sat, 11 Jun 2016 03:18:53 GMT

@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen

Welcome to Capital One!

Joking aside, what everyone else has stated about Capital One having their 'perks' is right on the money... your CLIs will always be SPs, and they are known to be rather generous relative to many other lenders. After the initial 'sting' of the three HPs is out of the way, they are generally easy to deal with.

P.S. Before your next app, do a little 'poking' around this website... you'll find tons of useful information that can be very helpful!

Re: Triple pull from Capital One!?!

creditguy — Sat, 11 Jun 2016 03:33:40 GMT

@Anonymous wrote:
@Anonymous wrote:
As far as I know they are the only cc that does this.
NFCU

Navy does not pull all three CB's when applying for any of their credit products. They may pull any one of the three but never have I seen a triple pull by them, if you know someone who did receive a triple pull, congrats you just met a unicorn.

Re: Triple pull from Capital One!?!

NichelleN — Sat, 11 Jun 2016 04:19:41 GMT

@AverageJoesCredit wrote:
I know they're not "prime" but when starting my rebuild last year Fingerhut triple pulled me. No extra benifits like youll see but it does happen.

Fingerhut? Wow!

OP - Yes, as others have said it's a triple pull. I learned the back-to-back app trick from this site. I applied for the Venture and Quicksilver within about a minute of each other. I was approved for both cards and $20K in starting limits with 3 pulls in total. It was definitely worth it.

There is LOTS of awesome information here

Re: Triple pull from Capital One!?!

CreditUnionFan — Sat, 11 Jun 2016 12:00:09 GMT

@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen

Yep, Capital One commonly HPs all three major bureaus. As others have pointed out, future CLIs are SP, so you take the inquiy initially but from then if you ask for a CLI it doesn't incur an additional HP.

I've seen Citibank, Chase, and Bank of America inquire (HP) two bureaus on occasion.

Years ago I was told that some auto lenders will pull one bureau and if your score doesn't meet their criteria for approval, but is above some other lower threshold, that they will then inquire against a second bureau, and potentially even a third bureau.

Capital One just pulls all three, even with a high score. It's the way they roll. Banks can learn a lot, since not every creditor reports to every bureau, or they may not report in as timely a fashion.

Re: Triple pull from Capital One!?!

Anonymous — Sat, 11 Jun 2016 12:26:26 GMT

@UncleB wrote:
@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen
Welcome to Capital One!

Joking aside, what everyone else has stated about Capital One having their 'perks' is right on the money... your CLIs will always be SPs, and they are known to be rather generous relative to many other lenders. After the initial 'sting' of the three HPs is out of the way, they are generally easy to deal with.

P.S. Before your next app, do a little 'poking' around this website... you'll find tons of useful information that can be very helpful!

Yes!

Re: Triple pull from Capital One!?!

RonM21 — Sat, 11 Jun 2016 16:29:17 GMT

Yes, it's one of the unlikeable things about Cap1, but I guess they have their perks too. I'm in the habit of over searching these threads before I do anything now.

As for NFCU, 1 pull is what I'm aware of and have experienced.

Re: Triple pull from Capital One!?!

Anonymous — Sat, 11 Jun 2016 20:12:25 GMT

@UncleB wrote:
@Anonymous wrote:
I applied for the Quicksilver Visa and they hard pulled all 3 bureaus. Really capital one? I think that was a bit excessive. I have TONS of credit cards and have never once had this happen
Welcome to Capital One!

Joking aside, what everyone else has stated about Capital One having their 'perks' is right on the money... your CLIs will always be SPs, and they are known to be rather generous relative to many other lenders. After the initial 'sting' of the three HPs is out of the way, they are generally easy to deal with.

P.S. Before your next app, do a little 'poking' around this website... you'll find tons of useful information that can be very helpful!

This is SO different from what you would see on this forum a year or two ago, where "Crap One" was known to NEVER increase CLs and were always the subject of tons of complaints. Now things seem a lot better.

Re: Triple pull from Capital One!?!

Kirmie2010 — Sat, 11 Jun 2016 20:15:50 GMT

Amex and Discover also pull multiple reports (depending on your credit)

but yeah, all 3 for a sub prime card sucks, but I am sure they are just making sure we arnt hiding anything