Capital One - needing 0% Intro and higher limit!

[meehan22]

Alright, So I have a wedding coming up in Jamaica. And I am looking for some 12-15 month credit cards to put a portion of this wedding on so I dont drain my savings all at once. Plus, if I can borrow someone elses money for a period of time to soften the blow I like doing that!

I am looking at the pre qualify site on Capital One adn I got the VentureOne and the QS Rewards. Venture at a 16.99 and QS at 17.99. About right in the middle of what they offer for interest rates.

I looked at Chase, and I am behind a bit on these credit forums but I've had 5 new credit cards in the last year, and the slate, freedom, and Sapphire all show anyways. But rather not waste a HP for a denial or a small limit because of my new credit lines.

I no longer pay for my scores on MyFico since I've repaired but 2 months ago I got a vehicle loan and EQ was 709. And my Barclay gives me a TU score of a month ago of 688. I have no collections on my reports anymore and 2 6 year old judgements on EQ and 1 on TU. CreditKarmaJoke gives me 753/748 haha. I like to use Credit Karma to monitor things. Right now my UTL is 1%. Payment history is 100%. 2-3 years of average history. And 6 credit inquires.

I have a mortgage and auto loan. And an income of 70,000.

Which one do I app for?! Looking for the hopefull higher limit at 0% for 12 months or so. I dont care much about the rewards. The reward to me is 0% for the time period.


I really need to update my siggy. But my highest limit card that I am not an AU on is a Barclay card at 2300. Followed by some 2200 and 1500 accounts. I am an AU on a chase card with an 8500 limit. Chase was my first thought thinking maybe they can see previous payment history or that i am an AU on a higher limit card than what I haev by myself.  but than I read the 5 and 24 month policy.

[JSS3]

Cap 1 Venture One.

The Venture gives high limits(10,000-20,000 even higher on ocassion) but it does NOT have a 0% APR period.

Venture One might give a 3,000-7,000(or more) limit and DOES have a 0% APR.

Make sure and apply for two cards back to back so you get triple pulled once for two cards. I did Venture then Quicksilver 5 minutes apart. Got 5,000 and 3,000 respectively. I can't seem to get the 10-20,000 approvals because I have no bankruptcies, chargeoffs, etc. File is clean. Seems to work against me with Cap1. Lol

[Anonymous]

i got a $50K SL on the Venture.... and 7 months later CLI'd up to $58K

[meehan22]

Thanks for the prompt response!
From what I am gathering it sounds like Cap 1 is doing starting to combine limits. If that is the case i'd be smart to apply for both than eventually move the VentureOne limit to the QS, thus giving me a higher limit down the road.

Is that what your suggesting by applying for both?

Also I should add Chase sends me mail about every month if not more it seems like. My last credit card was opened 15 months ago. So, is it worth the risk?

[JSS3]

Yes, you can combine later.

I love to spree so I'd apply for all 3 cards.

Do Chase first then the 2 Cap 1s. Chase is a little more inq sensitive than Cap1.

Chase and Cap both have great pre-quals. They're very accurate.

[meehan22]

I hate the idea of an app spree, I like to use promo's when I have a use for them. Only so many 0% into cards (okay, there are lots LOL).

Perhaps I'll hit the Freedom one and if it approves with the limit I want and all i'll stop there. Its the card I really want with the rewards, intro, and a good everyday spender. The one I am an AU on has more than doubled in the last year since me and my fiance run all of our transactions on it. If its not what I want i'll go to the VentureOne. I do like the idea of combing though with a QS for a higher limit. Maybe that would help jump the rest of my limits.  So maybe I will just end up apping for all 3, but hopefully stop with the first.

AAHHH, Hate applying for credit cards and just never knowing. haha.

[elim]

I would do VentureOne and Venture if you are looking for highest limits (V1 first)

[JSS3]

Freedoms always seem to get approved for 2,000. However, you are an AU on one so that should factor in. How much? I don't know. Chase tends to give higher limits on their co-branded cards. Decisions, decisions...let us know the outcome!

[Anonymous]

Got Venture @ $10k yesterday and I have a few collections reporting. Scores aren't amazing but it works for them...

[JSS3]

You know, Discover is handing out great starter limits now. It's Freedom's competitor. It also grows faster and with soft pulls vs Chase hard pull increases which are CRUMBS.