Should I apply for Venture?

[Anonymous]

I already combined the 2 QS1s to one QS1. Should I ask for a PC for that one QS1 to a QS?

[Anonymous]

Thanks Omar! I figured that was the answer, so I will just hold off for now.

[ChazR]

FWIW:  I apped for the Venture & Venture 1 within 60 days of each and was approved for both with a 661 EQ score at that time.  My SL were 15k and 20k.  I was pre-approved on the website though.  Something I am not sure of is if there is an income requirement for the Venture card family.  

[Anonymous]

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@Anonymous wrote:

I already combined the 2 QS1s to one QS1. Should I ask for a PC for that one QS1 to a QS?

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It wouldnt be bad to ask. The CSR might give you an idea of whether you'll get approved or not without doing a HP.

But if you are eligible to upgrade to QS or Venture, you would lose out on the bonus points (oh yea no bonus for QS).

[Anonymous]

i say just PC to QS to get out of two annual fees and then app for the venture in a few months when your scores increase.

[Anonymous]

excuse me i keep forgetting you already combined hour QS1s lol. but i would PC to avoid your annual fee

[jawbrkr]

I myself am waiting to see if they throw that venture my way. I am only getting QS1 and Platinum on the prequal site. But my AAOA is only about 6 months so it may be a while for me.

[UncleB]

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@Anonymous wrote:
i say just PC toQS to get out of two annual fees and then app for the venture in a few months when your scores increase.

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+1

Exactly this... it's the best of both worlds.

Another plus is that you'll have some time to increase your scores a bit meaning you'll possibly get a better APR when you do app.

That being said, I think there are a couple of people around who did a 'cold app' for Venture and were approved even though there wasn't a pre-qual offer showing, but it's a toss-up. 

Since Capital One's offers are so solid (meaning if you pre-qual, you're generally approved) most folks trust the pre-qual tool to guide them as to which product to apply for.  You very well might be one of the lucky ones, but if not you'll waste a HP on each credit bureau, which many folks would find unsavory.

[Anonymous]

I can't wait until it pops up for me. I check every few days

[jawbrkr]

Not exactly sure what the criteria to meet is before the venture or QS Visa pops up. I kind of wish I knew.