topic Re: Capital one mad ? in Credit Cards

Capital one mad ?

Anonymous — Mon, 20 Jan 2020 03:24:55 GMT

I recently closed 3 capital one cards that were bucketed. 1 of which was the Walmart MasterCard. I was against capital one getting that account. I did keep my quicksilver with capital one though. Prior to closing these accounts I had pre qualify on their website for the high end cards. The venture , venture one , savor and savor one. Since I closed the accounts it shows pre qualify for quicksilver one , and platinum. These are the cards I closed with them. Has anyone else experienced anything like this with them ? Nothing else changed in my reports and lowest fico score is in the 720's. Just seems kind of odd and looking for any data points anyone may have.

Re: Capital one mad ?

Anonymous — Mon, 20 Jan 2020 03:49:39 GMT

I have no data points, but have you tried checkinig different things on the pre-qual form for what type of rewards you're interested in to see if that changes anything?

Also, perhaps an incognito window?

Re: Capital one mad ?

Anonymous — Mon, 20 Jan 2020 03:55:06 GMT

I haven't attempted to change anything. I will give that a shot super quick. I don't want another card with them at this time. I just replaced those 3 cards with the citi double cash , and a second discover it cash back. Thanks for the reply , as I thought it was really weird.

Re: Capital one mad ?

redpat — Mon, 20 Jan 2020 04:02:03 GMT

I never was pre-approved for my Venture years ago. If you really want one of those cards and don't mind a 3 pull, apply.

My scores back then were lower, I think about 690s or so and was approved for $17k and you do have a history with them.

Don't worry about pre-approvals, the only pre-approval I had was my CSR in a branch app.

Re: Capital one mad ?

redpat — Mon, 20 Jan 2020 04:06:22 GMT

@Anonymous wrote:
I haven't attempted to change anything. I will give that a shot super quick. I don't want another card with them at this time. I just replaced those 3 cards with the citi double cash , and a second discover it cash back. Thanks for the reply , as I thought it was really weird.

Should of taken a $500 SUB w/ a venture card and closed after a year for payback the way they treated you.

Re: Capital one mad ?

Anonymous — Mon, 20 Jan 2020 04:08:17 GMT

Thank you Redpat , I will always have gratitude for capital one as they gave me a chance to prove myself. However , my profile outgrew those cards. I'm not willing to cold app with them and take a triple pull. I have cards That do grow now. I will be keeping my quicksilver with capital one to show my respect to them.

Re: Capital one mad ?

Anonymous — Mon, 20 Jan 2020 10:37:02 GMT

Keep your QS if its rewards serve you well, not for respect for past approvals. I can promise you they don't care about that. We are all just account numbers to the banks, and will be cut loose if we no longer meet their desires profile-wise, just like we cut them loose when they no longer meet our needs. It's all business, zero sentiment.

Re: Capital one mad ?

JackBeNimble1 — Mon, 20 Jan 2020 16:32:14 GMT

Capital One pre-approved me for a Venture over the summer. It was a card I have had before, and wanted again, but the timing wasn't right. A few weeks later, Capital One closed down a Platinum card I held with them since 2011 because it hadn't been used in years. It was my oldest card so it caused my FICO score to drop from roughly 750 to 710. I still have two other Capital One cards. Fast-forward to November when I was finally ready to get the Venture. But I was no longer pre-qualified. I applied for it anyway and was denied due to "too many new accounts." I hadn't opened any other personal credit card accounts in 2019 (only two Amex business cards), and I opened up three other cards (two Amex and one Barclays) in 2018. I suspect I was no longer pre-qualified and later denied either because my score went down when Cap One closed the Platinum, or because it decided I didn't use their cards enough. Or maybe for all of these reasons.

Re: Capital one mad ?

Peteyglad — Mon, 20 Jan 2020 17:11:07 GMT

The Quicksilver One and Platinum are the only cards I get preapproved for as well. And this is with scores in the low 800's. Been this way for years. I don't let it bother me too much though.

Re: Capital one mad ?

Anonymous — Mon, 20 Jan 2020 23:13:37 GMT

@Anonymous wrote:
Has anyone else experienced anything like this with them ?

Sorta, yeah. Late in 2018 I was interested in the SavorOne. I've had a bucketed Platinum card for 15+ years.. I tried the prequal and got the basic cards. Cold-apped for SavorOne and they gave a $20k limit, the highest starting limit I've had to date. ~760 FICO, ~15% uti at that time, clean file.

This was around the same time that they seemed to be handing out $10k to $30k limits like candy for Savor/Venture.

Re: Capital one mad ?

Queen_Etherea — Tue, 21 Jan 2020 15:02:03 GMT

@redpat wrote:
I never was pre-approved for my Venture years ago. If you really want one of those cards and don't mind a 3 pull, apply.

My scores back then were lower, I think about 690s or so and was approved for $17k and you do have a history with them.

Don't worry about pre-approvals, the only pre-approval I had was my CSR in a branch app.

About a year ago, my scores were in the low 700's and I read a comment like yours regarding the Venture. It was a card I wanted at the time, though wasn't pre-approved for, and though what the heck? Well, big shocker, I was denied. So if you're being cautious with your hard pulls, I wouldn't recommend cold apping like that. I now have 3 hard pulls for no reason, and I definietly should have known better.

Re: Capital one mad ?

coreysw12 — Tue, 21 Jan 2020 17:14:49 GMT

Those are the same 2 cards the pre-qual site offers me, too. Funny thing is I already have the Platinum. So it's weird they're offering me a second one, especially when they refuse to give me CLI's on my first one.

Re: Capital one mad ?

Anonymous — Mon, 27 Jan 2020 03:35:33 GMT

Thank you all for the replies , this forum rocks. My lowest fico 8 score is transunion at 726. Capital one is now offering me a $100 increase on my $1,000.00 quicksilver. Needlesa to say I rejected it. I closed those 3 capital one cards that had a total limit of $1,600.00 on them. I apped a second discover it and a citi DC. Got approved for both with a combined limit of $9,000.00. I don't think capital one likes me as I'm not profitable to them. I have never paid them a penny of interest.

Re: Capital one mad ?

Queen_Etherea — Thu, 30 Jan 2020 15:25:20 GMT

@Anonymous wrote:
Thank you all for the replies , this forum rocks. My lowest fico 8 score is transunion at 726. Capital one is now offering me a $100 increase on my $1,000.00 quicksilver. Needlesa to say I rejected it. I closed those 3 capital one cards that had a total limit of $1,600.00 on them. I apped a second discover it and a citi DC. Got approved for both with a combined limit of $9,000.00. I don't think capital one likes me as I'm not profitable to them. I have never paid them a penny of interest.

I feel like those are better cards anyways. Discover is the bees knees! They just renewed my 0% promo for the year and all it took was a simple chat. Also, I read on here that Capital One likes people who are trying to rebuild their credit and are more likely to pay them interest. Could be wrong, but that seems to be the trend.