Hey guys, I'm a former user which lost his user or password so I'm not new by any means, this forum has helped me to grow a lot and once again I come here to find answers that will aid me on my credit adventure 
So about 3 weeks ago I went on an App spree and got some decent limits, 5K HH Amex, 3K Freedom, 3k DCU , 3K BOA and 4K BOA, as usual I got carried away and continued to apply to more cards and ultimately was denied by discover and citi double cash ( I received a prequal on the mail so I figured I would try).
Lately I've reading that Cap1 is being really generous with the Venture so I want to give it a show but I want to make the HP's worth it, meaning I don't want to get a toy limit i n case I'm approved, I currently have 2 QS with 2.3k and 1.5k , these cards started as credit builder cards with 300 limit so we know how Capital One treats those accounts, I can’t get them to increase my CL nor reduce my APR. I read here in the forums that some people say that you can only have 2 CC with Cap 1, I don’t know how truth that is but I’m thinking of canceling one QS and apply for the venture in a few weeks, thoughts?
I also what do you guys think about my chances of getting a good CL if I go that route, my Scores are in the upper 600 and lower 700 (according to Barclay Fico and Discover Fico) but I do have a lot of recent inquiries and my AAoA is like 7 months, with the oldest card being 1.5 years old, util is around 25% and income is 75k,
Welcome back!
It would seem likely, based on others experience, that your history with CapOne will get you a decent Venture limit, I'm guessing $10k. Depending on your usage history with CapOne, it could go up to $15k. As to multiple cards, I think you aren't at your CapOne count limit yet, with only two.
Try the prequal tool for the Venture. If they offer, app for it.
The Venture, Venture One, and QS Visa don't have the two card restriction (like the QS1, platinum mc, etc). The "prime" Cap 1 cards gave a five card restriction.
Honestly, even the two card restriction isn't that strict. I've gotten three in the last few months. A secured and then two QS1s (though I had to verify my identity for the second QS1).
The Venture, Venture One, and QS Visa don't have the two card restriction (like the QS1, platinum mc, etc). The "prime" Cap 1 cards gave a five card restriction.
Honestly, even the two card restriction isn't that strict. I've gotten three in the last few months. A secured and then two QS1s (though I had to verify my identity for the second QS1).
@Anonymous wrote:Hey guys, I'm a former user which lost his user or password so I'm not new by any means, this forum has helped me to grow a lot and once again I come here to find answers that will aid me on my credit adventure
So about 3 weeks ago I went on an App spree and got some decent limits, 5K HH Amex, 3K Freedom, 3k DCU , 3K BOA and 4K BOA, as usual I got carried away and continued to apply to more cards and ultimately was denied by discover and citi double cash ( I received a prequal on the mail so I figured I would try).
Lately I've reading that Cap1 is being really generous with the Venture so I want to give it a show but I want to make the HP's worth it, meaning I don't want to get a toy limit i n case I'm approved, I currently have 2 QS with 2.3k and 1.5k , these cards started as credit builder cards with 300 limit so we know how Capital One treats those accounts, I can’t get them to increase my CL nor reduce my APR. I read here in the forums that some people say that you can only have 2 CC with Cap 1, I don’t know how truth that is but I’m thinking of canceling one QS and apply for the venture in a few weeks, thoughts?
I also what do you guys think about my chances of getting a good CL if I go that route, my Scores are in the upper 600 and lower 700 (according to Barclay Fico and Discover Fico) but I do have a lot of recent inquiries and my AAoA is like 7 months, with the oldest card being 1.5 years old, util is around 25% and income is 75k,
I would keep your card AND get the Venture. Cap One allows only 2 lower tier cards per person, but 5 high tier "prime" cards per person so you are perfectly fine there. Check pre-qual site, if it pre-quals you for Venture you are golden. Also as others have said you will likely get either $10k/$15k SL. It's $5k minimum so you don't have to worry about any lower than that. When I app'd I only had two cards (One at $1.75k CL, One at $700 CL) and I was instantly approved for $10k. I've been with Cap One for 4 years with perfect history so that helps too. Good luck to you with the Venture 
