Uncle B, Did you select the option for "Excellent Credit" when filling out the prequalifier?
It WILL make a difference as to what cards they show you, thought I wouldn't think it would effect the rate that much. But you never know, I guess.
If it makes you feel better, they won't prequal me for anything at all, AND it took forever for them to approve my account consolidation.
I agree with everyone that it's strange... the thing is, using the old SP (with lower scores) was when I got offered Venture/QS at 18.15%. The scores from the new SP (assuming they've done one) should be higher. Adding to the "strangeness" is that I've recently received two solicitations in the mail for a QS Visa at 18.15%.
I actually tried the tool twice; both times I selected excellent credit, and one time I selected "I don't know" for what I was interested in, and the second time I selected "Travel Rewards". In the past that was a sure-fire way to get an offer for the Venture.
If my circumstances were different I would 'take one for the team' and app to see what would happen, but at this time I feel it's best to let things settle down a bit. In a few months if I'm still getting this reply, I probably will at some point give it a try anyway, and if I do I'll be sure to share the outcome. 
@UncleB wrote:I've been getting the same pre-qual offer from Capital One for over a year now... Venture or QS at 18.15%, or Venture One for 17.15% (this takes the December 0.25% Fed increase into account). I've been looking forward to my offer changing to one with a more reasonable APR so I could app, earn the bonus, then roll my existing QS Visa into the new lower-APR card - it would be the best of all worlds.
My scores took a bump a couple of weeks ago and earlier this week I apped for Citi (still no word), was approved for BoA, and was approved for Blispay, none of which are reporting yet.
I know Capital One has been doing some work on their site, so that may have an impact, but these are the only offers I have now:
My TU is 779, my EQ was 739 before the one extra inquiry, and my EX is 751 after three new inquiries (I accessed the EX score after I apped). These are the highest scores I've seen in nearly 20 years, and while I do have a few new inquiries I still have relatively low numbers at EX-6, EQ-4, and TU-3.
Clearly my customized offer is going in the wrong direction.
I was toying with the idea of picking up a Venture next week before checking into the garden, but I'm going to take this as a sign that a Venture isn't meant to be at this point. I'm aware that a cold-app would likely be successful, but I'm not willing to risk three HPs to find out, especially because it would really be for the bonus, anyway (I'm fine with the modest credit lines I have with Capital One). I also have the two mailers with the invitation numbers for the previous offer, but I'm not touching them either.
I'm just sharing this as a data point for anybody else that might be puzzled with the pre-qual; I'm honestly a little perplexed myself. Obviously their algorithm isn't as impressed as I had hoped (and expected) it to be.
Congrats on your Bof A and Blispay Uncle, I'll bet you'd be approved even with the cold app considering your scores and low Inq's,
@UncleB wrote:I agree with everyone that it's strange... the thing is, using the old SP (with lower scores) was when I got offered Venture/QS at 18.15%. The scores from the new SP (assuming they've done one) should be higher. Adding to the "strangeness" is that I've recently received two solicitations in the mail for a QS Visa at 18.15%.
I actually tried the tool twice; both times I selected excellent credit, and one time I selected "I don't know" for what I was interested in, and the second time I selected "Travel Rewards". In the past that was a sure-fire way to get an offer for the Venture.
If my circumstances were different I would 'take one for the team' and app to see what would happen, but at this time I feel it's best to let things settle down a bit. In a few months if I'm still getting this reply, I probably will at some point give it a try anyway, and if I do I'll be sure to share the outcome.
Hey UncleB.
I sometimes wonder if Cap 1 is like Barclays and gets jealous if you're looking at something else. With your scores, you should be good, but since they soft pull I think they see the other INQs and think that you're not being faithful anymore...and have stopped answering the phone. Just my 2 cents. Have you requested a credit limit increase on your other card? If they deny it, then the letter will give you some insight into what their seeing; if not, and they approve the increase, then don't know what to say.
@Anonymous wrote:
@UncleB wrote:I agree with everyone that it's strange... the thing is, using the old SP (with lower scores) was when I got offered Venture/QS at 18.15%. The scores from the new SP (assuming they've done one) should be higher. Adding to the "strangeness" is that I've recently received two solicitations in the mail for a QS Visa at 18.15%.
I actually tried the tool twice; both times I selected excellent credit, and one time I selected "I don't know" for what I was interested in, and the second time I selected "Travel Rewards". In the past that was a sure-fire way to get an offer for the Venture.
If my circumstances were different I would 'take one for the team' and app to see what would happen, but at this time I feel it's best to let things settle down a bit. In a few months if I'm still getting this reply, I probably will at some point give it a try anyway, and if I do I'll be sure to share the outcome.
Hey UncleB.
I sometimes wonder if Cap 1 is like Barclays and gets jealous if you're looking at something else. With your scores, you should be good, but since they soft pull I think they see the other INQs and think that you're not being faithful anymore...and have stopped answering the phone. Just my 2 cents. Have you requested a credit limit increase on your other card? If they deny it, then the letter will give you some insight into what their seeing; if not, and they approve the increase, then don't know what to say.
Good to see you Kaykay!
You have a good point; I never thought of Capital One as being the 'jealous' type but that could be the case (even mentioning them in the same sentence as 'Barclays' gives me chills... LOL). 
I won't be eligible for another CLI on either of my Quicksilver cards until a few more weeks. I should get a CLI toward the end of June on the QS Visa, and if the clock wasn't reset on the QS MasterCard it will be eligible the first part of June (basically, just a few weeks from now). I've read mixed reports on if a PC impacts a CLI, so either way I'll have a data point to contribute on that (my MasterCard was PC'd from a QS1 to a QS in February).
I've come to appreciate my bi-annual Capital One CLIs, but if they 'pump the brakes' that's OK too... the cards are very usable for me where they are. Heck, I used the MasterCard for years (literally) with a $300 credit line, so I can certainly 'survive' with $8k and $3.9k... LOL. 
@Anonymous wrote:I just checked. I'm still getting the big 3 at the lowest APR's. I figured it would start coming up with a bugger off message since I dumped Cap One last month.
It could just be me (more specifically, something about my profile).
Once the new accounts start reporting my AAoA will be below 5 years for the first time in ages, so that will probably only make things worse.
It's probably best that I put a Venture 'out of mind' for a while... LOL. 