topic Re: Capital One pre-qualify in Rebuilding Your Credit

Capital One pre-qualify

virgo — Fri, 25 Feb 2022 01:18:34 GMT

Hey all,

If Capital One pre-qualifies you for multiple cards what are the chances of getting approved.

I know it's no guarantee but I just like to hear from others.

Thank you in advance for your response

Re: Capital One pre-qualify

JcT21 — Fri, 25 Feb 2022 02:44:35 GMT

@virgo wrote:
Hey all,

If Capital One pre-qualifies you for multiple cards what are the chances of getting approved.

I know it's no guarantee but I just like to hear from others.

Thank you in advance for your response

pre qualifying isnt a guaranteed approval. but i think the chances are pretty good. ive never been denied a capital one card that i pre qualified for. i have 3 now, 14 months into a rebuild. all 3 were pre qualified. prior to my bk in 2017 i had several cap1 cards, all pre qualified. im sure there are a few out there that got denied, but for the most part if they pre qualify you, id say you stand a good chance of getting approved.

Re: Capital One pre-qualify

FireMedic1 — Fri, 25 Feb 2022 03:38:24 GMT

If the QS, Savor 1 is one of them. Thats fine. Dont go into Venture, Savor or Venture X. That may not go thru. And stay way far away from the QS1.

Re: Capital One pre-qualify

virgo — Fri, 25 Feb 2022 07:05:37 GMT

One is the Capital One MasterCard. The Quicksilver one and the Quicksilver secured.

Does it make a difference that they put the secured card in there with the other two.

Re: Capital One pre-qualify

FireMedic1 — Fri, 25 Feb 2022 11:57:20 GMT

I cant remember your full history @virgo . I know your rebuilding. And had some CO issues. Where you at now with cards?

Re: Capital One pre-qualify

NaimeseOGK — Mon, 28 Feb 2022 11:54:24 GMT

If u don't want the secured card I would go for the quicksilver One. There is a higher chance with the secured card tho but it's up to you if your willing to do the deposit.

Re: Capital One pre-qualify

OmarGB9 — Mon, 28 Feb 2022 13:35:28 GMT

@NaimeseOGK wrote:
If u don't want the secured card I would go for the quicksilver One. There is a higher chance with the secured card tho but it's up to you if your willing to do the deposit.

Nooo, @virgo don't go for this. Stay far away from the QS1. It's notoriously hard to PC, AND it has an annual fee. You're better off with trying for a Platinum card.

Re: Capital One pre-qualify

NaimeseOGK — Mon, 28 Feb 2022 14:05:30 GMT

If he doesn't care about the annual fee then yea platinum card.

Re: Capital One pre-qualify

OmarGB9 — Mon, 28 Feb 2022 15:59:15 GMT

@NaimeseOGK wrote:
If he doesn't care about the annual fee then yea platinum card.

Platinum doesn't have an AF.

Re: Capital One pre-qualify

NaimeseOGK — Mon, 28 Feb 2022 16:03:22 GMT

Yea excuse my words haha i meant to say if he cares about one. I have the platinum its my oldest and starter card. Great for building credit. But also the quicksilver one annual fee is only 49$. Definitely manageable but not for long term.

Re: Capital One pre-qualify

OmarGB9 — Mon, 28 Feb 2022 16:31:58 GMT

@NaimeseOGK wrote:
Yea excuse my words haha i meant to say if he cares about one. I have the platinum its my oldest and starter card. Great for building credit. But also the quicksilver one annual fee is only 49$. Definitely manageable but not for long term.

Yes, but not only is a Platinum free, it can also be PC'd to a regular, no-AF Quicksilver as early as 3 months from account opening.

Re: Capital One pre-qualify

virgo — Mon, 28 Feb 2022 17:37:09 GMT

My report to practically clean are practically.

Three negatives that are the same across the boards but more than 6 years old and ready to fall off in a few months.

I have several accounts with high limits that were in good standing when I paid them off and closed.

Capital One was the first thing I applied for.

But update I was denied.

Re: Capital One pre-qualify

FireMedic1 — Mon, 28 Feb 2022 19:22:35 GMT

Which card?

Re: Capital One pre-qualify

FireMedic1 — Mon, 28 Feb 2022 19:26:16 GMT

@NaimeseOGK wrote:
Yea excuse my words haha i meant to say if he cares about one. I have the platinum its my oldest and starter card. Great for building credit. But also the quicksilver one annual fee is only 49$. Definitely manageable but not for long term.

Once again. Plat is fine. Converts to a reg no fee QS which ranks over a QS1. You can call and have yours converted now to a QS. The QS1 is a brick. It just lays there, no CLI's hardly, annual fee and no where to go but Venture1 which isnt the best of travel cards. Maybe.