It is quite hard to get a Capital One Venture card because you need a good credit score of 700 or higher to have decent approval odds. The Capital One Venture card also is beyond hard to get for anyone who has applied for a Capital One card more than once in the past 30 days or who already has 5 Capital One credit cards. Those things will get you denied.
That said, if you meet the credit score requirement and have enough income to pay credit card bills, the Capital One Venture card is no harder to get than other elite credit cards for people with good credit.
The Capital One Venture Rewards Credit Card credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the Capital One Venture Card.
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 Venture Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Capital One Venture credit score requirement. You can check your credit score for free on WalletHub.
Your Capital One Venture approval odds are good if you have a credit score of 700+, which is considered good credit. Approval odds for the Capital One Venture will also be influenced by your annual income and existing debts. Applicants will need to be 18+ years old with a U.S. mailing address and an SSN, as well.… read full answer
What You Need for Good Capital One Venture Approval Odds
Good credit or better
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
Keep in mind that many of these are guidelines rather than requirements. For example, you may have a low annual income but no debts and still get approved.
To get a better sense of your approval odds before applying for a Capital One Venture, you can check to see if you're pre-qualified for any offers on the Capital One website. Pre-qualifying does not guarantee approval, but it does indicate that you have pretty good odds of getting approved for certain cards, and it won't affect your credit score.
If you want to enhance your application by improving your credit score, WalletHub's free credit analysis can tell you what steps to take.
The best Capital One starter card is the Capital One Platinum Credit Card because it is available to people with limited credit and has a $0 annual fee. Capital One Platinum does not offer rewards, but it does help cardholders build credit by reporting to the three major credit bureausmonthly. Plus, cardholders become eligible for a credit limit increase in as little as 6 months.… read full answer
That’s not the only option, though. Capital One offers several good starter cards. They include credit cards for students, rewards cards, business credit cards, and even options for people with damaged credit. Which you choose really depends on who you are and how much you plan to spend.
For people with no credit who expect to spend at least $2,600 per year, Capital One QuicksilverOne is the best starter credit card Capital One has to offer. It gives 1.5% cash back on all purchases, with no earning limit, but charges a $39 annual fee. Folks looking for a fresh start might want to begin with Capital One Platinum Secured for high approval odds. It requires a deposit of $49, $99 or $200 but guarantees a $200 credit limit.
One great quality that all Capital One starter cards share is $0 foreign transaction fees. No Capital One credit cards charge them. So, you won’t have to pay extra when buying from foreign-based merchants. All Capital One starter cards also offer $0 balance transfer fees, though they do not have any kind of introductory 0% APR on balance transfers.
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