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Just approved for Venture, no info re interest rate?

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LexieCat
Regular Contributor

Just approved for Venture, no info re interest rate?

Just was approved for Venture, got a $30k limit, but saw nothing on the screen, before I closed it, about the interest rate.  I'm assuming, based on the limit and my scores, I should get the lowest interest rate, but when I tried to check on it (via chat), they said I would have to wait till I got the "welcome materials."  I expected some kind of email confirming my approval and didn't get one of those, either.  Was thinking maybe the email would tell me.  

 

So I guess I'm in the dark till they get around to sending out the info?

 

I know, first-world problem, lol.  And it probably won't matter, as I pay off any of my rewards cards on a monthly basis.  Just annoying they don't tell you that up front.

Chase Sapphire Preferred $32k; CapitalOne Venture $30k; Chase Slate $30k; Barclaycard Arrival Plus $25k; Wells Fargo Visa $25k; Amex EveryDay $25k; Barclaycard Ring $15.5k; Lowes $10k; Barclaycard Apple Financing $9.5k; Best Buy $7k; Chase Amazon Rewards Visa $6.5k; misc. store cards

EQ 822; TU 820; EX 819
Message 1 of 24
23 REPLIES 23
Anonymous
Not applicable

Re: Just approved for Venture, no info re interest rate?

Congrats!  Nice SL.

Message 2 of 24
Anonymous
Not applicable

Re: Just approved for Venture, no info re interest rate?

Congratulations, LexieCat! That is a nice SL, and I can't imagine you wouldn't get the lowest APR either. I had to wait 'til I got my QS in the mail to see the interest rate. Like you, I tried calling but no go. Good luck! Smiley Happy

Message 3 of 24
Anonymous
Not applicable

Re: Just approved for Venture, no info re interest rate?

Nice job Smiley Happy

Message 4 of 24
skorpyo3
Frequent Contributor

Re: Just approved for Venture, no info re interest rate?

Wow! Congratulations! I'm in the exact same boat! I was approved on the 27th for 30k, but no APR. I've been calling the App line everyday, and have been told same as you. It's a little frustrating considering I applied for the Venture card hoping to get a lower APR than my QS. My plan is to combine down the line. Guess we will just have to be patient. 😕
|EQ 698|TU 674|EX 665| BK discharged 11/2012

[Amex PRG No PSL] [Cap 1 QS Visa Sig $50,000] [Barclaycard CashForward WMC $25,000] [Patelco CU MC $20,000] [BofA Cash Rewards Visa Sig $15,000] [Amex BCE $13,000] [Discover It Cashback $13,500] [US Bank Cash + Visa Sig $10,000][US Bank Platinum Visa $8,400] [Penfed Power Cash Rewards Visa Sig $10,000] [USAA Cashback Rewards Plus Amex $15,000] [Citi AAdvantage WMC $5,000] [Macy's Amex $7,500] [JCP $6,500] [Amazon Prime $6,000] [Target $2,000]
Message 5 of 24
skorpyo3
Frequent Contributor

Re: Just approved for Venture, no info re interest rate?

Lexiecat, please keep us posted with any emails received. I'll do the same. Thank you! 

|EQ 698|TU 674|EX 665| BK discharged 11/2012

[Amex PRG No PSL] [Cap 1 QS Visa Sig $50,000] [Barclaycard CashForward WMC $25,000] [Patelco CU MC $20,000] [BofA Cash Rewards Visa Sig $15,000] [Amex BCE $13,000] [Discover It Cashback $13,500] [US Bank Cash + Visa Sig $10,000][US Bank Platinum Visa $8,400] [Penfed Power Cash Rewards Visa Sig $10,000] [USAA Cashback Rewards Plus Amex $15,000] [Citi AAdvantage WMC $5,000] [Macy's Amex $7,500] [JCP $6,500] [Amazon Prime $6,000] [Target $2,000]
Message 6 of 24
Anonymous
Not applicable

Re: Just approved for Venture, no info re interest rate?

Congrats! I got the Venture with just a $15k SL a little more than a month ago and I didn't know my APR until it came in the mail at 18%. Meh. Feels cool in the hand since it's a metal card! Smiley Happy
Message 7 of 24
skorpyo3
Frequent Contributor

Re: Just approved for Venture, no info re interest rate?

@Footloose301

Congratulations! Would you mind sharing your FICO scores at time of app? Do you carry another card with Cap 1? 

|EQ 698|TU 674|EX 665| BK discharged 11/2012

[Amex PRG No PSL] [Cap 1 QS Visa Sig $50,000] [Barclaycard CashForward WMC $25,000] [Patelco CU MC $20,000] [BofA Cash Rewards Visa Sig $15,000] [Amex BCE $13,000] [Discover It Cashback $13,500] [US Bank Cash + Visa Sig $10,000][US Bank Platinum Visa $8,400] [Penfed Power Cash Rewards Visa Sig $10,000] [USAA Cashback Rewards Plus Amex $15,000] [Citi AAdvantage WMC $5,000] [Macy's Amex $7,500] [JCP $6,500] [Amazon Prime $6,000] [Target $2,000]
Message 8 of 24
elim
Senior Contributor

Re: Just approved for Venture, no info re interest rate?

I always use the prequalifier. In the past, all of my Cap1 approvals have shown the APR before I accepted the offer. Have they changed it?

 

For what it's worth... I have a much lower EQ score than you (760) and got the lowest rate at the time of 12.9%.

Message 9 of 24
elim
Senior Contributor

Re: Just approved for Venture, no info re interest rate?

and Congrats!  very nice limit.   :]

Message 10 of 24
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