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Just Got Approved for a Capital One Venture X and AMEX Platinum...should I go on a spree?

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BeEasyMark
New Contributor

Just Got Approved for a Capital One Venture X and AMEX Platinum...should I go on a spree?

Just applied and got approved for the Capital One Venture X, $20k SL. This is my only card other than an Amex Gold as an AU. Are there other cards I should apply for to round out my earning categories? Thanks!

 

Edit: After getting approved for the Capital One Venture X, I got trigger happy and applied for an AMEX Platinum and got approved also! Capital One did pull all 3 bureaus, AMEX pulled Experian. The only bad thing is I also applied for a Citi Premier and got denied for too many inquiries (they also pulled Experian)...

 

My profile is as follows:

(2) Student Loans (rehabbed from previous delinquent Navient loans):

Nelnet: $432
Nelnet: $5,833


(1) Credit Cards:
American Express Platinum (Authorized User): $0

 

(1) Auto Loan:

Mercedes-Benz Finance: $42,469

 

Scores (10/15/2021):
myFico EQ8: 774
myFico EX8: 742
myFico TU8: 746

 

Age: 37
Rent: $1500/mo
Income: ~$170,000/yr
AAoA: 8yr 5mo
AoOA: 8yr 1mo
2/24 - Age of Most Recently Opened Account: 10mo (Auto Loan), This new Capital Venture X
(3) Inquiries: Auto Loan (Approved) 02/16/2021, Citi (Denied) 12/28/2020, Amex (Denied) 01/14/2021

Message 1 of 30
29 REPLIES 29
OmarGB9
Community Leader
Super Contributor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

First, congrats on the approval! You may very well be the first (reported) Venture X approval on MyFICO! Smiley Very Happy


Secondly, it's hard to give you a good answer to your question without knowing what kind of rewards you're after and what your monthly spend looks like.


Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 2 of 30
drboxing
Established Contributor

Re: Approved for a Capital One Venture X

Congratulations on your approval of the Venture X card. Is it a Visa or MC? Is it the Infinite or World elite MC?




Message 3 of 30
Anonymous
Not applicable

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Welcome to the board and congrats for your approval for Venture X!

Message 4 of 30
Remedios
Credit Mentor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

@BeEasyMark  congrats on your new card. 

I've patched your two identical threads, please do not cross post, it gets very confusing. 

Message 5 of 30
BeEasyMark
New Contributor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Thanks!

 

I mainly accumulate points to transfer to Singapore Airlines, as I am based between LA and Southeast Asia. Those 17 hour direct flights are more comfortable in business class.

 

Monthly spend is mostly on shopping, dining, and travel around $5k-10k or so. Much of my spend is reimbursed.

Message 6 of 30
coreyb80
Super Contributor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Congrats on the approval!

Message 7 of 30
CreditMagic7
Mega Contributor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Congratulations on your C1 Venture X approval!!

Message 8 of 30
jacetx
Valued Contributor

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Congrats on the approval! Interestingly, they are allowing product changes to this card but not the Savor ones.

Message 9 of 30
gdale6
Moderator Emeritus

Re: Just Got Approved for a Capital One Venture X...should I go on a spree?

Grats on the Venture X approval, fantastic SL for you Smiley Happy

Message 10 of 30
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