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QUICKSILVER - DENIED // VENTURE APPROVED - ****UPDATE 05-20-2015****

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Anonymous
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QUICKSILVER - DENIED // VENTURE APPROVED - ****UPDATE 05-20-2015****

A few weeks ago I shared that I took a chance and applied for the Venture and was instantly approved for $5K. Seeing that folks were apping for 2 cards at one time and getting instant approvals I also applied for a 2nd card...the Quicksilver but it was denied. Hmmm I thought well ok I will wait for the letter but I never received it and for some reason I can never open those electronic emailed letters so I called their credit card application dept last Saturday and I told the lady I would like a letter in the mail concerning the denial. I told her if I qualified for the Venture I should have qualified for the Quicksilver but I wanted to see the reason for the denial. Well Monday I received a call from the Executive Office concerning my denial and the guy said he would have my application looked at again. I wasn't fighting the denial just curious on their reasoning for the denial...I guess I will see what happens since I gave him the ok to submit for reconsideration. I don't care about the triple pull I have more credit than I ever dreamed of having so inq's eh not so scary right now. I don't have anything I really desire in the near future....Sallie Mae can wait until after the holiday season...and house hunting isn't until 2017. I will keep you posted Smiley Wink

 

*****UPDATE*****
So the EO says I have "too many" new accounts and that is the reason for the denial on the QS...What?! doesnt make sense app's done seconds from each other but that is the only reason they gave.

Message 1 of 17
16 REPLIES 16
killer_queen229
Established Contributor

Re: QUICKSILVER - DENIED // VENTURE APPROVED

That's really nice that they're willing to look at it again even though you didn't ask for them to. I'm surprised that you didn't get approved for QS when you were able to get Venture.
Message 2 of 17
Anonymous
Not applicable

Re: QUICKSILVER - DENIED // VENTURE APPROVED


@killer_queen229 wrote:
That's really nice that they're willing to look at it again even though you didn't ask for them to. I'm surprised that you didn't get approved for QS when you were able to get Venture.

killer_queen229

 

Yeah I was shocked too! I'm thinking maybe there was a glitch in the system that declined my app and they are aware and are making their wrong right! Lol we will see.

Message 3 of 17
jbishop1001
Frequent Contributor

Re: QUICKSILVER - DENIED // VENTURE APPROVED

When I applied for the platinum in October, I also apped for qs1. I was denied bc you have to wait 30 days before applying for a second cap 1 card. 

Starting Fico 8 Score: 571 EQ - 574 EX 605 TU Current Fico 8: 695 EQ 677 EX 709 TU
Message 4 of 17
Anonymous
Not applicable

Re: QUICKSILVER - DENIED // VENTURE APPROVED


@killer_queen229 wrote:
That's really nice that they're willing to look at it again even though you didn't ask for them to. I'm surprised that you didn't get approved for QS when you were able to get Venture.

My guess is the EO wasn't even sure why the system denied him so they wanted to do a manual review. It's possible even that no reason for denial was given.

Message 5 of 17
Boragard
Established Contributor

Re: QUICKSILVER - DENIED // VENTURE APPROVED

good luck on th QS!

Message 6 of 17
Anonymous
Not applicable

Re: QUICKSILVER - DENIED // VENTURE APPROVED

Blusky28, what's your scores? Aaoa? Util? Oldest account?
Message 7 of 17
Anonymous
Not applicable

Re: QUICKSILVER - DENIED // VENTURE APPROVED

5k must be your internal limit with Cap 1. Congratulations on that approval at least Smiley Tongue
Message 8 of 17
Anonymous
Not applicable

Re: QUICKSILVER - DENIED // VENTURE APPROVED


@Anonymous wrote:
Blusky28, what's your scores? Aaoa? Util? Oldest account?

Thexian100

 

Scores in sig - oldest account 13yrs average age 3.1 years

Message 9 of 17
surferchris
Valued Contributor

Re: QUICKSILVER - DENIED // VENTURE APPROVED

Congrats on the approval!

Current Cards:
AmEx Hilton Honors Surpass//AmEx Platinum Card//Ann Taylor Rewards Mastercard//Capital One Platinum Card//Credit One AmEx//Credit One Platinum VISA//Fingerhut//Navy More Rewards AmEx//TruWest Platinum VISA//Aspire VISA//Costco Anywhere VISA//Lowes Advantage//Apple Card
Loans:
1 Mortgage/////Navy FCU Auto Loan (2020 Jaguar I-Pace)//Capital One Auto (2016 BMW i3)
Next Cards (4th QTR 2022):
Navy Flagship Rewards VISA//Chase Sapphire Preferred
Stats:
Scores: 700's // Inq's: 1 for mortgage // Util: 1% // AoOA: 21 yrs

Message 10 of 17
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