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Apply for two Cap 1 cards, same day - 1HP or 2?

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masscredit
Valued Contributor

Apply for two Cap 1 cards, same day - 1HP or 2?

This truely is asking for a friend lol! If you apply for two Cap1 cards in the same day, would the second app be covered by the first HP or would it have it's own? I know they pull all 3 CBs.


Thanks! 

EQ - 676 / TU - 667 / EX - 679

Capital One Venture - $13000 / AAA Travel Advantage Visa - $10000 / TD Cash Card - $7500 / Capital One Savor - $7500 / Bread Rewards AMEX - $6950 / Apple Card - $6500 / TD Double Up - $5500 / Mercury - $5000 / Capital One QuickSiver - $5000 / Ally Master Card - $4300 / DCU Visa - $3000
$74,250
DCU Auto Loan
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3 REPLIES 3
JoeRockhead
Senior Contributor

Re: Apply for two Cap 1 cards, same day - 1HP or 2?

I'll take what will be separate HPs for each application for $1000. Smiley Happy

 

I could certainly be wrong, but don't believe they combine HPs. Also, there's their 1/6 rule... if that's really a thing?

Message 2 of 4
GZG
Senior Contributor

Re: Apply for two Cap 1 cards, same day - 1HP or 2?


@masscredit wrote:

This truely is asking for a friend lol! If you apply for two Cap1 cards in the same day, would the second app be covered by the first HP or would it have it's own? I know they pull all 3 CBs.


Thanks! 


yeah core cap1 is 1/3 at the very least and can be 1/6 

 

so you literally can't apply for two in the same day

 

you might get away with a co-brand card and a core card, but I doubt it, both apps will have all 3 pulled

Starting FICO 8:
Current FICO 8:



0/6, 0/12, 4/24 new accounts
Message 3 of 4
pip3man
Valued Contributor

Re: Apply for two Cap 1 cards, same day - 1HP or 2?

You can't apply for two Cap1 cards same day. As soon as you get approved for one card, your subsequent application would be denied for this, "Based on your application information, there is a currently pending or recently processed application with Capital One."  How do I know this? First hand experience. I did a prequal for their business credit card which came back with options. Also ran the prequal for the personal cards which also returned with options. Since I had no business credit, I figured I would first accept the business card offer and then after approval, take the personal card offer. Got approved for the business card. Immediately went back to take the Venture offer and the preapproval was gone. Got declined and was cited the reason above. This happened back in December and till today when I try the prequal for the personal cards, I'm still getting declined for the same reason cited above. I should also note that I still get preapproved for their co-branded cards like the Pottery Barn and Bass Pro, but the core cards are a no dice. @masscredit 

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