Chip Lupo, Credit Card Writer
@CLoop
Your monthly income needs to be at least $425 more than your monthly rent or mortgage payment to get the Capital One Quicksilver Student Cash Rewards Credit Card, according to Capital One. The higher your income is above the minimum, the more likely you are to be approved. Your income will also play a big part in determining your credit limit, with higher incomes generally leading to higher limits.
Keep in mind that the income you list on a credit card application doesn’t necessarily have to come from a job. Capital One will also consider things like Social Security benefits, unemployment insurance, alimony payments, pension distributions, investment returns and more.
In addition, if you are at least 21 years old, you may include household income on your application. If you are 18-20 years old, you may only include your own income.
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People also ask
Is the Capital One Quicksilver Student Card easy to get?
The Capital One Quicksilver Student Cash Rewards Credit Card (see details, rates & fees) is fairly easy to get. The Capital One Quicksilver Student Card (see details, rates & fees) is available to people who have limited credit or better, which means the average person has a decent chance of qualifying for the card.
Even though the Capital One Quicksilver Student Card (see details, rates & fees) is fairly easy to get, it’s still important to be aware of all the requirements for approval.
Capital One Quicksilver Student Card (see details, rates & fees) Requirements
- Credit requirement: limited credit or better
- Age requirement: 18+
- Citizenship requirement...
How can I get approved for a Capital One credit card?
You can get approved for a Capital One credit card if you are at least 18 years old, have proof of enough income to make your monthly minimum payment, and meet the specific card’s credit score requirement. Capital One will also take into account your monthly housing payment and all sources of income, amongst other factors.
If you’re unsure whether you’ll be approved, Capital One offers the possibility to check if you pre-qualify for any of their...
read full answer by Chip Lupo, Credit Card WriterWhat is the minimum salary for a credit card?
The minimum salary for a credit card depends on the specific card, but you may be able to get approved for a credit card with an annual salary as low as $10,000 or so. While there is no official minimum salary requirement for a credit card, issuers are still required to ensure that applicants can afford monthly payments. As a result, your chances of approval are better with a higher income.
Credit card issuers’ minimum annual...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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