cancel
Showing results for 
Search instead for 
Did you mean: 

Venture new minimum sl?

tag
Snook_on_the_Line
Established Contributor

Venture new minimum sl?

Google searches seem to all suggest that the minimum starting limit for the cap1 Venture with the 75k miles sub is $5k.   

but some searches here suggest otherwise.  

cruising the approvals board I see a few 3k sl approvals.      

Anyone know of this is the new minimum?

Message 1 of 6
5 REPLIES 5
CreditPoor
Frequent Contributor

Re: Venture new minimum sl?

My understanding is originally it was 5k because I have that card. Since January it looks like 3k approvals have happened but I wouldn't say that's the norm.

Message 2 of 6
nytokyobred79
Valued Contributor

Re: Venture new minimum sl?

I believe that the minimum credit limit remains 5K for the SL. However, card issuers have been known to issue limits below their advertised minimum limit for a number of reasons- US Bank comes to mind with limits below what they state, as well as Chase on the occasion for their CSP( not the CSR- I think Chase is but stricter on visa infinite cards). But US Bank will give visa infinite limits below 10K.  YMMV and one may just meet the approval criteria or the bank just prefers to develop a relationship with the account holder. 

If you're planning on app'ng for the Venture Rewards and hoping for a decent limit, I would make sure your uti/DTI is low when app'ng not carrying any big balances and it would help if you experience of managing decent limits with other lender(s) if applicable. G'luck to you. 

Avoided credit cards after ruining my financial health but got back into the game in 2019 after a 20 year hiatus
Total Revolving CL- $216,900 | Order of Opened Cards
Delta SkyMiles Blue- SL-$1K | CL- $22.6K
Delta SkyMiles Reserve- SL- $10K | CL- $20K
Chase Sapphire Reserve- SL $20K | CL- $12K
Cap 1 Venture Rewards- SL $10K | CL $ 21.5K
Amex Everyday Preferred- SL $13.1K | CL $10K ( moved some limits around )
Chase Freedom Unlimited: SL $23.4K| CL $70K
BOA Unlimited Cash SL: $20.8K| CL $15K moved some limits around)
BOA Travel Rewards SL: $20.8K | CL $5.8K(moved some limits around)
Amex Blue Cash Preferred SL: $10K
Amex Green Card: NPSL / POT: 17K
BOA BankAmericard: SL: $5K | CL: $30K
Message 3 of 6
NoMoreE46
Community Leader
Senior Contributor

Re: Venture new minimum sl?

Issuers have not been adhering to Visa's and MC's minimum SL for a while now.  
I have seen many $1,000 SL for the World Elite MC Apple Cards and one at $250.

 

Message 4 of 6
Zoostation1
Valued Contributor

Re: Venture new minimum sl?

@NoMoreE46I generally agree, but it does seem that Chase and Cap 1 do adhere to Visa Infinite 10k mins on CSR and VX.  I've yet to see either of those issued with limits below.

Rebuild Started Nov 2021
June 2022 FICO 8:
June 2022 FICO 9:
June 2022 FICO 10:
June 2022 FICO 10T:
Oct 2025 FICO 8:
Oct 2025 FICO 9:
Oct 2025 FICO 10:
Oct 2025 FICO 10T:
Message 5 of 6
narcan04
Valued Member

Re: Venture new minimum sl?

C1 threw me a $3000 SL on the Venture two years ago.

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.