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Approval Cap1 Venture 5k...

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Approval Cap1 Venture 5k...

Ok seriously the last application for a long time.
I needed a card to book Hotel stays with points.
I have more miles than I need rn. So instead of getting the Hilton card I decided this was a better option. I like the fact the points will erase any travel purchases. I'll most likely downgrade in a year to no af version. Today was the first time I've been pre qualified through cap1, and was for all cards. Not sure if I'll keep my QS card(500 bucketed).
This covers everything I could possibly need when it comes to rewards/redemption. I wish I could get 10* points buying Gift cards at hotels.com since I wont be traveling by 1/31/2020.
23.** apr, 5ksl, 742-759 fico scores. Approved for 5 other cards since may. Yes I'm done applying.
Hp's-12 months- tu-4,EQ-2,EX-8. (Got the triple hard pull) not worried since done applying.
3rd ever cap1 card. Closed platinum secured in April (13months aged when closed) 2nd was PC to QS from platinum that was last June or july.
I don't mind paying annual fee after one year if it's the safer move? Will downgrading look bad after year 1? I was thinking of applying today for the no AF version but think they will triple hp me again..
Just got into an apartment I plan on staying for 3 years so like I said not worried about hp so much. But how successful have ppl been getting two cards in a day? I was instantly approved just had to send a pic of I'd. Since they couldn't for some reason send a text to verify me it wouldn't go through...just changed to sprint...
Either way I'm excited and kinda forced myself to garden as I doubt I'd get anything decent with all these new accounts, and have to hit 3k spend. Plus have all rewards needed. I've only had rebuilding cap1 cards so far so I'm curious to see how fast or slow it grows, and will look into apr reductions.


I did it for the points!
Starting score(February 2018)-520Current Score: FICO 8- 744EX, 762TU, 760EQ, Goal Score: 775 by (05/2020)
BUISNESS CREDIT
Amex Hilton-3000
Amex Amazon Prime 2500
Amex SimplyCash Plus® -1300-
Amex Blue Business Plus Card - 8000.
Amex green charge card- NPSL


TOTAL PERSONAL CL 65,000+
HILTON HONORS-2000
Cap1 Venture-VS-5,500
Sams Club MC-13,500
Citi® - AAdvantage® Platinum Select® WEMC-9000CL, Citi Rewards+(WMC)6900
Amex® Gold card
1st Disco It- 2300 , 2nd Disco it- 5000CL
Dcu-3000-
12/18 Amazon SC- 10,000 cl AND-Walmart SC-6000cl, Home depot- 2000cl-
- Auto loan(55% paid off)
Goal score 800


10 REPLIES 10
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Super Contributor

Re: Approval Cap1 Venture 5k...

 

Congrats on yer new cardSmiley Happy

 

Message 2 of 11
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Moderator

Re: Approval Cap1 Venture 5k...

Congrats on your approval! 

Got some pruning to do... No more new cards!
Message 3 of 11
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Moderator

Re: Approval Cap1 Venture 5k...


@dtk6802 wrote:

3rd ever cap1 card. Closed platinum secured in April (13months aged when closed) 2nd was PC to QS from platinum that was last June or july.
I don't mind paying annual fee after one year if it's the safer move? No such thing as the safe move, the bank really doesnt care if you downgrade or not. The question is whether or not you get enough value from the card to pay the AF.
Will downgrading look bad after year 1? no

I was thinking of applying today for the no AF version but think they will triple hp me again..
Just got into an apartment I plan on staying for 3 years so like I said not worried about hp so much. But how successful have ppl been getting two cards in a day? Their rule is one new card every 6 months you would be instantly denied. Grats on your new Venture card!

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne

Message 4 of 11
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Established Contributor

Re: Approval Cap1 Venture 5k...

Congrats on your new card!

Enjoy your success,

Cheers

Message 5 of 11
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Established Contributor

Re: Approval Cap1 Venture 5k...

@gdale6 - Ty for the great info. The card is great and if I didn't have the amex BBP earning 2 MR'S It would be a keeper even with af. Unless something changes I'll take the advice and most likely when AF is due ill downgrade or just app for the Venture one to keep my points alive.
Unless a card comes out that earns 4% on everything lol Iim done applying and I'll let my report rest. I've never had more than 6 months in between approvals. I've heard one gets a boost when aoya is 6 months plus.
Have 18 months left on my auto loan and when reports it should be 50% paid. I've never had a VS before only WEMC... time to research the benefits I was happy to learn VS provides car rentals Insurance! Since this will most likely be the card for rentals and hotels that's another reason I wanted the card. I've been sort of eyeing this card but I had such a grudge with CAP1 for bucketing my first cards, and never being pre approved before this. My amex Gold card is getting less valuable to me since I'll get 3% cb with Sam's at restaurants. 3% with travel. If I just get some gift cards for groceries during disco 5% cb quarter I may not need the GOLD card. With the 100$ airline credit basically nerfed or regulated I may ask for retention when that 250 af comes next May. I didn't plan on it but I dont see anywhere near as much value w the gold card In year 2 as in year 1. Plus have BBP to hold my MR's. Decisions for another day.
Thanks everyone
Starting score(February 2018)-520Current Score: FICO 8- 744EX, 762TU, 760EQ, Goal Score: 775 by (05/2020)
BUISNESS CREDIT
Amex Hilton-3000
Amex Amazon Prime 2500
Amex SimplyCash Plus® -1300-
Amex Blue Business Plus Card - 8000.
Amex green charge card- NPSL


TOTAL PERSONAL CL 65,000+
HILTON HONORS-2000
Cap1 Venture-VS-5,500
Sams Club MC-13,500
Citi® - AAdvantage® Platinum Select® WEMC-9000CL, Citi Rewards+(WMC)6900
Amex® Gold card
1st Disco It- 2300 , 2nd Disco it- 5000CL
Dcu-3000-
12/18 Amazon SC- 10,000 cl AND-Walmart SC-6000cl, Home depot- 2000cl-
- Auto loan(55% paid off)
Goal score 800


Message 6 of 11
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Super Contributor

Re: Approval Cap1 Venture 5k...

Congratulations on your approval!
Message 7 of 11
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Senior Contributor

Re: Approval Cap1 Venture 5k...

Congrats on your Capital One Venture card approval!





Message 8 of 11
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Established Contributor

Re: Approval Cap1 Venture 5k...

Congratulations! Woohoo!

 


BBVA CP. Cap One: QS, SavorOne, VentureOne, Walmart. Discover it CB. DSNB: Bloomies Amex, Macy's Amex. Misc: Overstock, Target. NFCU: cashRewards, Platinum. Sync: Amazon, eBay MC, Lowe's, PP MC, PPC. WF Propel Amex.

[01/2020] Scores: 700s. Util: 3-5%. Inq: TU 8, EX 7, EQ 11. AAoA=6y8m, AoOA=32y7m, AoYA=1m. TCL: 150k. Goal: 200-300k.

Prune, Cover & Rest 125/4. Next Up: NFCU Plat #2, combine and/or close 2-3 accts, then cultivate my garden for 2 yrs and watch it grow! Later this year hope to open a few business accounts.
Message 9 of 11
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Super Contributor

Re: Approval Cap1 Venture 5k...

Congrats! Had to use mine and booked thru hotels.com to find a motel that had electricity after 2 hurricanes. Came in handy. Rooms were free since i had the miles.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 10 of 11
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