Comments on: What is the Capital One Venture credit score needed for approval?

By: Johnny Jet Editorial

Johnny Jet Editorial — Thu, 06 Jul 2023 13:24:17 +0000

In reply to Tonya. Did you call Capital One and ask why you were denied or for a reconsideration?

By: Tonya

Tonya — Wed, 05 Jul 2023 15:13:25 +0000

My credit score was 744, and yes Capital One Venture hit all credit scores just to give me a denial. Both Credit Karma and Experian sites said I had an Excellent chance of getting this card. I was completely surprised because I have years of excellent payment history with all my cards including two other Capital One cards and am at 22% credit usage. I was so shocked I got denied, I even applied for the Chase Sapphire card right afterwards and was given $6500.

By: Lee

Lee — Wed, 26 Apr 2023 13:13:24 +0000

I was a Capital One banking customer. Like others, high credit score, etc., etc. No one in the branches will talk with you about credit cards. They tell you to just go online and apply. Fine. I received a pre-approved offer for a specific card from Capital One. Denied. Over the course of two years, this repeated four times. Why the (heck) does Capital One send out pre-approved offers to an existing customer whose credit profile it already has only to deny the application? As I said, WAS a Capital One banking customer.

By: Debbie

Debbie — Thu, 04 Aug 2022 01:20:42 +0000

I have an 830 credit score, only debt is a car note, have well over 100 thousand in my checking acct, a 100% paying on time history, and was turned down for a Venture card…..???

By: Anonymous

Anonymous — Thu, 24 Mar 2022 17:01:21 +0000

Yup screwed me too. And I have an American Express BLACK

By: Stonejaw

Stonejaw — Thu, 26 Aug 2021 06:17:39 +0000

My wife applied for the Venture card with credit scores around 830, 1M+ income, perfect payment history for 40 plus years, and a long-term (12 plus years) CapitalOne customer who at times had $1M on deposit with the bank. She was given a $3K limit!

Comments are correct, Capital One has no Credit Department (no one who can change anything or talk to you), only an “algorithm” that is always “perfect” at assessing ones creditworthiness. CapitalOne has no way to provide a copy of an online application or to give you a reason for your credit line!

I applied about the same time with same scores and income, same age and I instantly received a $30K line. Only difference in qualifications and history appears to be due to sexism. Women especially beware.

By: Johnny Jet Editorial

Johnny Jet Editorial — Mon, 10 May 2021 13:22:52 +0000

In reply to Brandon. Thanks for the data point!

By: Brandon

Brandon — Sat, 08 May 2021 06:25:47 +0000

I got approved for the Venture card however my approval was less than the reported minimum and I was approved for $3000.

By: Greg

Greg — Fri, 12 Feb 2021 23:25:02 +0000

I recently decided to get the Venture card for the travel rewards they advertise.. I have an 820 credit score (according to their CreditWise product, and others) ,160k income and very little debt. I was approved immediately for the Venture Card with a $5000 limit. When I read the details for the account online, it showed that the interest rate was 25.49% for my card. I called Capital One and was basically told “too f***in bad” because this is determined by your “creditworthiness ” by their credit department ( which you cannot speak to) and they don’t change the interest rate once the account is established. I don’t carry balances on cards as a rule, but its insane that this company would charge someone with excellent credit and 40 years of credit history the same rate as they would for someone with bad credit on one of their entry level cards. If I close the account, it will hurt my credit , so I’m stuck with that rate , apparently forever. There should be a law requiring disclosure of your rate after they check your credit but before you accept the card. This is the kind of usury rates that banks have been getting away with for years, and the consumer has no way to “shop” for a decent rate for any type of consumer credit.

By: Johnny Jet Editorial

Johnny Jet Editorial — Thu, 05 Dec 2019 14:38:57 +0000

In reply to Chris. Hey Chris, unfortunately, they don't have a public 5/24 rule like Chase, so there's no way to 100% know. I was able to get auto-approved being over 5/24 with Capital One, so I think it just depends on everyone's different credit portfolio.