Is it hard to get a Capital One Quicksilver Card?

The Capital One Quicksilver credit score requirement is a score of 700 or higher, as applicants need at least good credit for approval. Capital One also considers applicants’ income and debt when making approval decisions for the Quicksilver card.

With a $0 annual fee, unlimited 1.5% cash back on every purchase and a $200 signup bonus, Capital One Quicksilver is an excellent rewards card. But if you don’t meet Capital One Quicksilver’s credit score requirements, the … read full answerCapital One QuicksilverOne Cash Rewards Credit Card is easier to get.

The Quicksilver card has the same 1.5% cash back rate as Capital One Quicksilver, but with no signup bonus and a $39 annual fee. Applicants with limited credit have a shot at approval, too. And if you get the Capital One QuicksilverOne Cash Rewards Credit Card, you can easily upgrade to Capital One Quicksilver once your score is higher.

The Capital One Quicksilver credit limit depends on your income, creditworthiness and payment history. Capital One does not list a minimum or maximum credit limit in Quicksilver’s terms and conditions.

If you want to aim for a higher credit limit, there are a number of areas you should focus on improving.… read full answer

Biggest Factors Affecting Capital One Quicksilver Credit Limits

• Your payment history. If you’ve consistently paid your bills on time, creditors will view you as more trustworthy and will be more likely to extend you higher credit lines.
• Income and assets vs. existing debt. The more money you have available for bill payments, the more comfortable a lender will feel.
• Rent or mortgage payments. If these payments take up too much of your monthly income, you’ll have less to spend on credit card bills.

You need at least good credit to get approved. And the better your credit is, the higher you can expect your spending limit to be.

It often takes only a minute to get approved for Capital One Quicksilver, if you apply over the phone or online.

However, when they need to verify your information, that can extend up to 10 business days, but those situations are rare.

If, for some reason, you don't get a decision immediately, you can check your application status by calling Capital One customer service.… read full answer