Scores in the 775-800 range.
Requested a CLI on my $300 walmart store card a couple weeks ago...denied for "insufficient use of currently available credit." Apped the Venture card instead and was insta-approved for $10k.
Congrats on your Capital One Venture Rewards approval
@Billharrell wrote:Scores in the 775-800 range.
Requested a CLI on my $300 walmart store card a couple weeks ago...denied for "insufficient use of currently available credit." Apped the Venture card instead and was insta-approved for $10k.
Yours is a fairly common myFICO story. As I understand it, CapOne packages new cards at some point and sells them off (there are a few threads around here which describe the process), hence older cards can get bucketed for..., well, I guess forever. That said, when you apply for a new card, that is an entirely new underwriting analysis, and an entirely new credit line to ultimately be packaged and sold.
I have a middle tier Quicksilver (initial credit limit was $3,000); I pretty much suspect it will never grow much past $5,000, if even that high, however, my bet is, if I apply for a Savor or Venture, my credit limit will easily be in the low five-figure range. Given I'm "gardening" at the moment, I won't know for sure until a year or so from now, at the earliest.
Now if you could only reallocate CL with this bank...... Grats on your 10K venture approval!
