Yes, it is hard to get a Capital One Venture card because applicants need a good credit score of 700+ to have decent approval odds. The Capital One Venture card also is beyond hard to get for anyone who already has five Capital One credit cards or who has applied for a Capital One card more than once in the past 30 days. 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 has a credit score requirement of "good credit" or better. Card applicants with slightly lower scores might be able to get approved, depending on factors such as disposable income, but a “good” or “excellent” credit score is needed for the best approval odds. Even so, this card should be a bit easier to get than a lot of other premium rewards cards, most of which require excellent credit.… read full answer
Keep in mind that the Capital One Venture Rewards Credit Card credit score requirement isn’t the only pre-requisite for approval. Things like how much you make and how much you owe are important, too. That’s why it’s possible to get approved with a lower credit score or rejected with a higher one.
Capital One Venture Minimum Credit Score & Other Requirements:
Good credit score
18+ years old
Enough income and assets to afford monthly bill payments
As little debt as possible
U.S. mailing address
Social Security Number or Individual Taxpayer Identification Number
In some cases, the best course of action may be to spend a bit of time improving your credit score before applying for the Capital One Venture Rewards Credit Card. You need good credit to satisfy the card’s credit score requirement. But barely passing that test probably won’t give you great approval odds overall.
Capital One Venture approval odds are highest for applicants with a credit score above 700. The higher a person’s credit score, the better chances they have of being approved. In addition, Capital One will consider an applicant’s annual income, monthly housing payment, amount of debt in relation to income, and other factors when making a decision.… read full answer
If you’re not sure you qualify, you can assess your Capital One Venture approval odds before you apply. Check your pre-approval status by using the tool on the Capital One website. If you’re pre-approved, it means there’s a strong likelihood that you’d be approved if you apply.
The best Capital One starter card is the Capital One Platinum Credit Card because it has a $0 annual fee and is available to people with limited or no credit history. Capital One Platinum does not offer rewards, but it does help cardholders build credit by reporting to the three major credit bureaus monthly. 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 is a rare credit card company with several good starter cards. They include a starter credit card for students with no credit, a rewards card for newcomers, a business credit card for no credit, and even a fresh start card 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, the Capital One QuicksilverOne Cash Rewards Credit Card 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. And folks looking for a fresh start might want to begin with the Secured Mastercard® from Capital One 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.
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