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Cap1 Venture X for New Years

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onepeace25
New Contributor

Re: Cap1 Venture X for New Years

Noted on freezing talk not allowed. I have the Capital one quicksilver (about 2 years old) and savor one ( about 1 year old) both bucketed. Would you suggest I close one prior to applying? QS is one of my oldest cards so im afraid to close, and savorone is pretty good catch all once i cap everything else. 

Discover IT $4,300 | US Bank Cash Plus $1000 | Capital One Savor One $1,500 | Citi Custom Cash $2,400 | Citi Double Cash $2,400 | Affinity FCU Cash Rewards $12,000 | American Express Platinum | American Express Gold
- Total Revolving Limits $24,100

Gross Income - ~$90,000
4 Settled CO. Paid for settlement in January 2020~
(Update: December 2022):
AAoA - 2 Years 2 Months
Oldest Card: Discover IT - 2 Year 2 Month
Youngest Card: American Express Gold - Opened February 2023

Current FICO 8 scores:
Experian: 700
Message 11 of 17
GZG
Senior Contributor

Re: Cap1 Venture X for New Years


@onepeace25 wrote:

Noted on freezing talk not allowed. I have the Capital one quicksilver (about 2 years old) and savor one ( about 1 year old) both bucketed. Would you suggest I close one prior to applying? QS is one of my oldest cards so im afraid to close, and savorone is pretty good catch all once i cap everything else. 


closing one now isn't likely going to reflect in Cap1's system for a month if not two 

so if there is actually a hard two card limit for your account, it's not going to help for apping before the year's end

Starting FICO 8:
Current FICO 8:



Message 12 of 17
wingennis
Valued Contributor

Re: Cap1 Venture X for New Years

Also, predicting what Capital One will do on any given application is like reading tarot cards while rolling dice with your fingers and toes all crossed.

Message 13 of 17
OmarGB9
Community Leader
Super Contributor

Re: Cap1 Venture X for New Years


@GZG wrote:

@onepeace25 wrote:

Noted on freezing talk not allowed. I have the Capital one quicksilver (about 2 years old) and savor one ( about 1 year old) both bucketed. Would you suggest I close one prior to applying? QS is one of my oldest cards so im afraid to close, and savorone is pretty good catch all once i cap everything else. 


closing one now isn't likely going to reflect in Cap1's system for a month if not two 

so if there is actually a hard two card limit for your account, it's not going to help for apping before the year's end


I was going to say this. Even if you close one now, you'd have to wait for Cap One's systems to update, so the earliest you'd be eligible to apply anyway would be end of January @onepeace25.


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 14 of 17
FinStar
Moderator Emeritus

Re: Cap1 Venture X for New Years


@onepeace25 wrote:

Noted on freezing talk not allowed. I have the Capital one quicksilver (about 2 years old) and savor one ( about 1 year old) both bucketed. Would you suggest I close one prior to applying? QS is one of my oldest cards so im afraid to close, and savorone is pretty good catch all once i cap everything else. 


Is the New Year's date a deadset timeframe or are you flexible on trying for Venture X further into January?

Message 15 of 17
FinStar
Moderator Emeritus

Re: Cap1 Venture X for New Years


@GZG wrote:

@onepeace25 wrote:

Noted on freezing talk not allowed. I have the Capital one quicksilver (about 2 years old) and savor one ( about 1 year old) both bucketed. Would you suggest I close one prior to applying? QS is one of my oldest cards so im afraid to close, and savorone is pretty good catch all once i cap everything else. 


closing one now isn't likely going to reflect in Cap1's system for a month if not two 

so if there is actually a hard two card limit for your account, it's not going to help for apping before the year's end


It's usually less than a month.

Message 16 of 17
onepeace25
New Contributor

Re: Cap1 Venture X for New Years

I can always wait a few extra weeks if this can mean the difference, if this is the way y'all recommend then im all in

Discover IT $4,300 | US Bank Cash Plus $1000 | Capital One Savor One $1,500 | Citi Custom Cash $2,400 | Citi Double Cash $2,400 | Affinity FCU Cash Rewards $12,000 | American Express Platinum | American Express Gold
- Total Revolving Limits $24,100

Gross Income - ~$90,000
4 Settled CO. Paid for settlement in January 2020~
(Update: December 2022):
AAoA - 2 Years 2 Months
Oldest Card: Discover IT - 2 Year 2 Month
Youngest Card: American Express Gold - Opened February 2023

Current FICO 8 scores:
Experian: 700
Message 17 of 17
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