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Capital One Approval $100,000 :-)

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FinStar
Moderator Emeritus

Capital One Approval $100,000 :-)

Yes, no joke!  Approved for both Venture and Quicksilver - $50,000 each (12.9% APR on both).

 

I began the process of purging/consolidating tradelines about 3-4 weeks ago which included closing the Beaver CC (R.I.P.), some older Comenity & SYNCB CCs and a few others that got some benefits stripped away and no longer fit my long-term strategy (~$50K of closed accounts).  My strategy also included the successful consolidation of 3 older Capital One CCs into one.  Thanks to baller4life for the Capital One thread and for her guidance, support and encouragement throughout the whole process Smiley Happy!

 

So, I went ahead and applied for QS/Venture on 7/12, which yielded the 7-10 day message for each (no big deal if denied).  I did not call them and decided to wait it out.  On 7/16, the verifications department contacted me to finalize verification on both applications (no approval/denial at that point).  Since I had nothing to lose, why not? Smiley Tongue  On 7/17, I was notified both applications were approved.  I really had to ask the agent 2x if her screen information was correct since I never expected to be approved for both at such high SLs (I was assuming they may be tightening up)!  I received both letters on Saturday followed by email confirmations.  This resulted in only 1 HP per CR (EX and TU pulled on 7/12 and EQ on 7/16).  Scores above ~800.

 

Do I recommend what I did for everyone to follow suit? Absolutely not! (Unless your overall profile, income, usage, etc. supports it!).  I'm only sharing my experience and hopefully this thread won't incite negative comments about Capital One Smiley Wink  Overall and IME, Capital One has been a decent bank since I've never had any issues dating back to the late 90's.  Plus, these new cards will come in handy for my next overseas trips.

 

Capital One 7-10.jpg

 

Capital One Approval Letters.jpg

 

      QuickSilver 50K.jpg            Venture 50K.jpg

Message 1 of 182
181 REPLIES 181
Anonymous
Not applicable

Re: Capital One Approval $100,000 :-)

I'm speechless! Really! BIG congratulations!

Message 2 of 182
OmarGB9
Community Leader
Super Contributor

Re: Capital One Approval $100,000 :-)

Holy cow! This makes what, only the third $50k CL from cap1? Huge congrats!

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Message 3 of 182
Anonymous
Not applicable

Re: Capital One Approval $100,000 :-)

That is massive... Congrats!!

Message 4 of 182
Saleen099
Senior Contributor

Re: Capital One Approval $100,000 :-)

 WOOOOOOOOOW I'm speechless  NICE CONGRATS!!!!!!!! 

Message 5 of 182
Anonymous
Not applicable

Re: Capital One Approval $100,000 :-)

congrats!!!!! wish i could get that one day

Message 6 of 182
Gmood1
Super Contributor

Re: Capital One Approval $100,000 :-)

Awesome! I want to be like you when I grow up! Smiley Very Happy

Message 7 of 182
FinStar
Moderator Emeritus

Re: Capital One Approval $100,000 :-)


@Anonymous wrote:

I'm speechless! Really! BIG congratulations!


Thanks Musiclover - I was speechless myself!  Smiley Very Happy

Message 8 of 182
FinStar
Moderator Emeritus

Re: Capital One Approval $100,000 :-)


@OmarGB9 wrote:
Holy cow! This makes what, only the third $50k CL from cap1? Huge congrats!

Thank you Omar!  You know, I can't recall how many have reported this high SL.  I may have seen a couple but definitely not that many Smiley Wink

Message 9 of 182
FinStar
Moderator Emeritus

Re: Capital One Approval $100,000 :-)


@Anonymous wrote:

That is massive... Congrats!!


Thanks Yes-Its-Me!  I wasn't expecting the massive approvals either - at most $20K (or $30K combined if approved).

Message 10 of 182
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