10 months ago, I used the pre-approval tool of Capital One in order to get the Capital One Venture card, I was only pre-approved for the VentureOne. Since then, I tried 3 times I think the pre-approval tool of Capital One and I was never pre-approved for the Venture.
What's the secret to get approved for the Capital One Venture?
@villemiami wrote:10 months ago, I used the pre-approval tool of Capital One in order to get the Capital One Venture card, I was only pre-approved for the VentureOne. Since then, I tried 3 times I think the pre-approval tool of Capital One and I was never pre-approved for the Venture.
What's the secret to get approved for the Capital One Venture?
if you're somebody who likes blondes, it doesn't matter how pretty the brown-haired girl is, the brown haired girl just isn't going to be your type
same with cap1
you can try reporting higher statement balances on your report, you can garden to be 0/24, you can ask for some CLIs, your limits are okay, they could be higher
but if Cap1 doesn't like you, you aren't getitng a venture/venture X, it's nothing personal, you're just not who they want to give a SUB to
Why are higher statement balances on my report better to be approved? I thought that a high statement balance was making my credit score drop.
This is a high quality response! Thank you.
I have a Capital One VentureOne card, the last time I used it for a payment was 8 months ago. Once I get the excellent credit level, should I also use my VentureOne a bit before applying for the Venture?
By the way, I noticed a small mistake in their credit level guidelines. It is possible to have been declined for a credit card in the last 3 months, and thus belong to the level "rebuilding credit" while at the same time satisfying all the requirements to belong to the category "excellent credit".
I think I know why I was declined. The excellent credit guideline says Credit card for 3 years with more than 5000 dollars in CL. Only my Costco credit card is older than 3 years. It was below 5000 dollars and I increased the CL to 7,400 dollars 2 months ago.
Does it mean that I could apply in a few months and be approved for the Venture? Or does it mean that I should wait 3 years from the time I increased my Costco CL to 7,400 dollars ?
I never understood why my mother got approved for the Venture and not me. Now, I think I know why. She had a Discover It on 2019. Her CL rose from $4,500 to $5,500 on her Discover It in November 2020. She got approved for a Venture on August 2023, so 2 years and 9 months after her CL increase over $5000. So if it's the date of the CL increase, she should have been denied. But she was approved, so they must take into account the opening date of the credit card, which is 2019.
That would mean that I should be approved for the Venture when I will apply in August.
Ok, when I will apply in August, I will have gardened 0-17.
I have a new question.
When I understood that in August, I should be able to finally get approved for a Venture, I closed my VentureOne, because my mother will refer me to the Venture, and I need to have no Capital One card so she can get her referral bonus.
So I opened the VentureOne on February 2025 and closed it today, so it has been 10 months only.
I always heard people saying: "Close your card 1 year after the annual fee post". I closed this card after 10 months instead of 1 year. Did I make a big mistake?
Or is closing before 1 year is only bad for credit cards with annual fee, because banks see you as someone who cares only about the SUB? The VentureOne has no annual fee.