I am not sure exactly but I can explain my story/strategy. Maybe useful for someone.
I've been banking with capital one for more than a decade. I didn't have a credit card with them though. My annual income at the time of BK was around $60K and all of it was getting direct deposited into capital one checking. 2 months post BK, I applied for Quick Silver One (the annual fee version for bad credit) and was approved with CL $2,000. Used that card for about an year, always paying bills on time and in full.
1 year 2 months post BK, capital one offered an upgrade to regular no annual fee version of QS as well as from master card to World MC. Taking this as a positive sign, I requested for a CLI and they approved $3,000. A couple of months later, I decided to apply for a more premium Venture card and was instantly approved for $5,000. So I switched daily usage from QS to Venture and continue to pay on time and in full.
After an year (2 years 4 months post BK) got CLI on Venture to $8,600. At the same time, also applied and approved for Spark and Savor Cards with $5K and $10K respectively. Also, apped and approved for Amazon Synchrony card with $3K. So basically, 2 years 4 months post BK, I have had multiple cards with decent credit limits.
An year later (3 years 4 months post BK), I applied for Apple Card and was approved for $3K. This was relief to me knowing that other banks are willing to approve. In the following months Venture got a CLI to $10K, Amazon to $6K to $10K, Apple to $3.5K.
I let these cards grew until March 2022 (4 years 2 months post BK). At this time, I requested Venture to be upgraded to Venture X and got an instant approval. At this point, I wanted to establish relationship with other mainstream banks besides capital one but decided to stay clear of all banks that were IIB.
I wasn’t sure who to apply. There were many choices. So I checked card offers with excellent or outstanding approval odds in Credit Karma, Experian and TrueIdentity. Upgrade, US Bank, and Wells Fargo cards showed up in these services and had very nice bonus offers. So I applied for each of them and got instant approvals. Upgrade CL $17K ($400 bonus), US Bank CL $5K ($500 bonus), Wells Fargo $3K ($200 bonus).
Couples of key points that I believe to be helpful in my case are:
- Existing banking relationship with capital one helped me get my first card with decent limit right after BK
- Multiple capital one cards with high CL in the following years
- Always paying bill on time and in full
- Rather than applying randomly, applying for cards came up as targeted in credit monitoring services
