@Krazarr wrote:4 months ago I was looking to get a quality credit card so I applied for the Capital One Venture card since Chase has me on their Blacklist. Everything I read suggested that since it was a Visa signature card that I would have a minimum 5k limit. WRONG! I got approved for a 3k limit. I can request a cli but it's only showing I'll be approved for a $300 increase. I feel duped
Why do you feel duped? Did CapOne tell you you'd been approved for a $5,000 limit?
Congratulations on your approval!
Congrats on your Venture approval, and I am sorry it's under less favorable terms than you had hoped. I do not understand why you feel 'duped.' You applied for a credit product and the lender issued you what they felt comfortable with, based upon a decision made by their computer algorithms. Would you have felt equally as duped if they had denied you? While the minimum SL on the Venture had historically been $5,000, recent DPs in the approval section have shown that they have since lowered this sometime during the last year. VentureOne approvals which I believe used to be a minimum of 2k, now can result in as low as a $300 SL as another example. While there aren't as many recent DPs on the Venture as there used to be, if you dig through them a bit you'll find others approved for $3,000 as well. Hopefully with heavy use your card will grow to a more desirable limit.
Venture or VentureOne?
Visa Signature or not?
Never seen a Venture under $5k SL from the start.
Use it, pay it, it can grow.
@Shooting-For-800 wrote:Venture or VentureOne?
Visa Signature or not?
Never seen a Venture under $5k SL from the start.
Use it, pay it, it can grow.
I could have sworn I've seen more than one thread on this, but here is at least one.
Maybe I've read others respond in comments.
