Capital One - 3rd Card App - Venture or Quicksilver?

[JaseT]

The end of this month marks 6 months since my last Cap One app. I will be hitting them up for a CLI on my Quicksilver and then I want to apply for a 3rd card from them. I will be trying out the prequalifier to see what they offer. I don't travel so I'm more inclined to ask for a second Quicksilver card and then combine them in six months but I'm not ruling out the Venture. I really want a card that is at least $5k, so would the Venture or the Quicksilver be more likely to start with that limit (or higher)? One year post-discharge and my FICO scores are in the 650-692 range.

I've considered other cards, but I burned NFCU, Discover, Citi, PSECU, Alliant, Amex, USAA, PenFed, and Nordstrom in my BK7, so CapOne is probably where I need to stay for now. I tried to obtain a BOA Secured card, but they said NO NO NO.

[Anonymous]

You burned AMEX??? Noooooooo!! lol Venture is your best bet for a high CL. I would go with that. Remember, you can now merge cards online to combine the CLs. The card you're merging from needs to have $0 balance and over 6 months old...that would be another option to get high CL card.

[JaseT]

Yeah....Amex got burned.  

It was only for $700 though. I should've taken them up on their OPTIMA offer but I didn't so it looks like it will be several years before they will even consider me again.

[Anonymous]

Edited to correct Venture scores. I read the wrong line the first time.

My data points for both cards:

Quicksilver WEMC, 13 months post-BK, EQ 695, TU 655, EX 682, $10000 SL. Cold app.

Venture Visa Sig,  20 months post-BK, EQ 686, TU 652, EX 685, $15000 SL. Pre-qualified.

Hope these help, although I do think Cap1 has tightened up a bit since I got the Venture.

Good luck! Let us know what happens! 

[Anonymous]

OP - Don't apply for anymore store card, you should be fine with what you have. When did you get all of your cards? if too recent, i would wait on the 3rd card. You have enough to garden and grow.

[JaseT]

Lowe's and Kohl's were the only two store cards I wanted as they are the only two I will use. I got them for the discounts as I shop at both stores regularly. Here's a breakdown on when I got my cards:

3/17  Capital One Quicksilver MC (was a Platinum)

4/17  Credit One Bank Visa (closed this acct earlier this month)

9/17  Capital One Savor MC (was a Platinum)

9/17  Kohl's

1/18  Barclay's Apple Rewards Visa

1/18  Lowe's

2/18  Comenity Williams Sonoma Visa

[Adkins]

Barclays can be weird about apps after them, especially several apps. (The best term I'veIread here is "jealous lover") I echo everyone else and recommend gardening for at least 3 months, preferably six, before apping again. 

[Anonymous]

Do you have two Cap1 cards now and your going to app for a third? If so it will be a waste of a hard pull. I tried for a third card last month and was denied due to having two cards with them already which is their max.

[Anonymous]

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@Anonymouswrote:
Do you have two Cap1 cards now and your going to app for a third? If so it will be a waste of a hard pull. I tried for a third card last month and was denied due to having two cards with them already which is their max.

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I've read that you can only have 2 starter cards, but you can have a total of 4 cards.

[HeavenOhio]

Their website says five cards. The OP's cards are a QS and Savor, so he should be fine if he wants a third.