What credit score do you need for Capital One Journey? This question is about the Journey Student Rewards from Capital One

What credit score do you need for Capital One Journey?

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This question is about the Journey Student Rewards from Capital One

James D Richard, WalletHub Analyst

@b2bfever • 02/24/23 This answer was first published on 07/14/21 and it was last updated on 02/24/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The credit score you need for the Capital One Journey 640 or higher for applicants who have a credit score, though you can also get approved with limited or no credit history. The credit score needed for the Capital One Journey is on par with the requirements for other major student credit cards.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Capital One Journey card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.

Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But it’s best to wait to apply until you meet the Capital One Journey credit score requirement. You can check your credit score for free on WalletHub.

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What are my Capital One Journey approval odds?

Your Capital One Journey approval odds are good if you are a student with little-to-no credit, or a credit score of 640+ (at least fair credit). Approval odds for the Capital One Journey Card will be influenced by your annual income and existing debts, and you need to be 18+ years old. You'll also need to have a U.S. mailing address and an SSN.... read full answer

What You Need for Good Capital One Journey Card Approval Odds

Little to no credit history, or at least fair credit (score of 640+)

Proof that you're currently a student

Enough income to pay credit card bills

Low debt relative to income

Low housing costs relative to income

U.S. mailing address

Age of 18+

Social Security Number or Individual Taxpayer Identification Number

Keep in mind that many of these are guidelines rather than requirements. For example, you may have a low annual income with no debts and still get approved.

You can sign up for a free WalletHub account and see if you're likely to get approved before you apply.

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How long does it take to get approved for Capital One Journey?

You could be instantly approved for a Capital One Journey credit card if you apply online.

However, Capital One may need longer to verify your information and decide whether you’re creditworthy enough for the card. If you don’t get a decision right away, you can usually expect to hear back within 7-10 business days.... read full answer

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Does Capital One do a hard pull?

Yes, anytime you apply for a Capital One credit card it results in a hard inquiry on your credit report.

Keep in mind that a hard pull may result in a small temporary decrease in your credit score. Your score may also drop a bit when you get approved and open your account, but that’s only temporary as well.... read full answer

A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months. You can learn more about how to minimize the credit score damage here.

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