I’m looking to apply for the new Savor Card to take advantage of the $500 bonus and reward my heavy dining spend.
I believe my profile should be strong enough as I have 760-770 Ficos and good income. My one concern is inquiries. Equifax and Experian only have 4 each, but Transunion has 7 (3 from a car loan from April in the same day).
Do you think inquiries would be an issue for capital one? I also opened up a Amex Platinum about 3 months ago as my most recent credit card app.
Mod note: I've updated your subject to reflect your approval; feel free to change/edit if you would like. --UB
Good morning. My scores were about 50 points lower than yours and I had twice as many inquiries when C1 approved my Venture. If you haven't been approved for a C1 card in the last six months then this is about as good as it gets.
Yes they are, just not to the point as someone like synchrony. I was recently denied a CLI for too many inquiries. Something like 7 on each bureau in the last 6 months. 2 of which were for an auto loan.
$500 cash back on 3k spend is worth a triple pull anytime especially if you are fairly certain you will be approved. In addition the AF is waived on this card for the first year making it even more of a no brainer. CO has become much more picky as of late unlike a few years ago when they were handing out 2-50 k ICL like candy.