PreQual QS and Venture [Update]

[Anonymous]

Finally got Prequals for both cards-0%  APR until September 2016, then 17.9% Variable APR after that.  Wished I could have gotten that months ago. Oh-Well.  It's nice to know I'm becoming worthy.  Hope the offers will be there in April.  Need my last collection to fall off. 

Took everyones great advice and decided to apply based on the prequals.  Was approved for Venture card $5k and QS $3k.  Pleased with the results given my profile.  Have ended the year on a good note and can now closed my secured card and garden through 2016.  Thanks myFico friends.  Y'all are all great!!!!

[ddemari]

do you want a venture now? why not take the prequal and ditch the secure card?

if you prequal its legit, granted nothing is 100% but they are close to it. 

with around a 680 FICO 08 and posibbly even higher fico 04, you could easily get a Venture with a 10-15k limit if income supports it. 

[Anonymous]

I was surprised that these two came up. I've been working on getting my UTI under 10% to get my scores up. It is very tempting because I would like to start getting decent approvals on bank cards and moving my profile away from store cards, but I have a lot of inquiries and a great number of them will fall off during February. Income is around $45000; don't count BF's income which is around $80,000 although I have access to it, so I don't know about any limits over $10k, but I wouldn't be unhappy at this point with $5k. Thanks for responding.

[Anonymous]

If you want to go for the highest CL, app the Venture first. Most people get a higher SL on the Venture, than the QS. If I were going for both at the same time I would app Venture 1st and QS second. Good luck, whatever you decide to do.

[Anonymous]

Thanks Arlo. I'm really contemplating it. My Apple rewards card will have its 6th statement post in another 10 days and I'm hoping for a CLI on it. If that doesn't happen then it will be more of a motivator to apply for Venture/QS. Appreciate your input. Thanks.

[Anonymous]

---

@ddemari wrote:

do you want a venture now? why not take the prequal and ditch the secure card?

if you prequal its legit, granted nothing is 100% but they are close to it. 

with around a 680 FICO 08 and posibbly even higher fico 04, you could easily get a Venture with a 10-15k limit if income supports it. 

---

My fico(no pun intended) isnt quite there yet, but should be before terribly long.  When you say if your income supports it, how much are you talking?  

[OmarGB9]

---

@Anonymous wrote:
I was surprised that these two came up. I've been working on getting my UTI under 10% to get my scores up. It is very tempting because I would like to start getting decent approvals on bank cards and moving my profile away from store cards, but I have a lot of inquiries and a great number of them will fall off during February. Income is around $45000; don't count BF's income which is around $80,000 although I have access to it, so I don't know about any limits over $10k, but I wouldn't be unhappy at this point with $5k. Thanks for responding.

---

I got approved for a $10k Venture back in July and income is only around $20k.

[Anonymous]

---

@OmarGB9 wrote:

---

@Anonymous wrote:
I was surprised that these two came up. I've been working on getting my UTI under 10% to get my scores up. It is very tempting because I would like to start getting decent approvals on bank cards and moving my profile away from store cards, but I have a lot of inquiries and a great number of them will fall off during February. Income is around $45000; don't count BF's income which is around $80,000 although I have access to it, so I don't know about any limits over $10k, but I wouldn't be unhappy at this point with $5k. Thanks for responding.

---

I got approved for a $10k Venture back in July and income is only around $20k.

---

Thanks for the information Omar.  Gives me some more incite in regards to considering apping.

[bodyboy1]

---

@Anonymous wrote:
I was surprised that these two came up. I've been working on getting my UTI under 10% to get my scores up. It is very tempting because I would like to start getting decent approvals on bank cards and moving my profile away from store cards, but I have a lot of inquiries and a great number of them will fall off during February. Income is around $45000; don't count BF's income which is around $80,000 although I have access to it, so I don't know about any limits over $10k, but I wouldn't be unhappy at this point with $5k. Thanks for responding.

---

> let me just tell u something (I DON'T COUNT IT)  you should count it!   1st of all,  you Qualify now..  You don't know what May happen in your life later! after the new year that offer May go away,   u don't know.. i have way More inq's: than you.. your score is higher than mine..   and MOST OF THE TIME when you qualify on capital one..   you got it!  > i bet u get it Now!..  just go back and do the same thing,  check excellent & put $80k in the salary,   if someone.. family and or even a friend gives you money, you can count it!  and if it's your boyfriend & have access to it..  then just do it now..  you are not lying on your app.. i just got another acct & my util is higher than yours

[Anonymous]

Thanks for your response Bodyboy. Wasn't sure about inclusion of his income since I'm listed on one of his bank accounts. Over last few months, have worked on getting UTI from 25% to 11%. Right now. need Macy's and Lowes CLIs to report so that UTI will go under 10% and score will go up. Your right, there is a chance that the offer might not be there. Will consider applying after 13th when everything reports.