What is the minimum credit score for Capital One Venture?
You should only apply when your credit score is at least 700, but preferably 750 or higher. Once you qualify for the Capital One Venture Card, you'll begin earning at least 2x miles on every purchase.
You'll have the best approval odds for the Capital One Venture card if you apply with a good-to-excellent credit score (a FICO score of 670 or higher or a VantageScore of 661 or higher).
Premium credit cards like the Capital One Venture X tend to be the most difficult type of credit card to get approved for. You'll typically need a pristine credit history and a high credit score to qualify.
The minimum credit limit for the Capital One Venture Card is $5,000, since Venture is a Mastercard Elite card and Mastercard Elite cards give at least that much spending power. Some people say they've gotten limits as high as $10,000, but the exact limit you get will depend on things like your credit score and income.
Credit needed
Two other cards you may be eligible for with a credit score of 600 are the Capital One QuicksilverOne Cash Rewards Credit Card (see rates and fees) and the Capital One Platinum Credit Card; (see rates and fees).
Bottom Line. If your FICO or VantageScore credit score is approximately 670 or higher, you have a history of on-time payments for at least the last year and you haven't declared bankruptcy or defaulted on a loan within five years, you have very good odds of being approved for at least one of Capital One's Venture cards ...
The Capital One Venture Rewards Credit Card is worth it if you have good credit or better and you travel regularly but don't want to be limited to one airline or hotel.
The bottom line
If you're looking to earn miles and want more ways to redeem rewards for travel, pick the Capital One VentureOne. Meanwhile, you should pick the Capital One Quicksilver if you're after a higher rewards rate on everything you buy.
Why it's one of the easiest credit cards to get: The Capital One Platinum Credit Card is a starter credit card, designed for people with limited or no credit history. The Capital One Platinum Card also has a $0 annual fee and reports monthly to the three major credit bureaus, making it an excellent option...
The Capital One Platinum Secured Credit Card (see rates and fees) is easier to qualify for because it's a secured card, which means you'll need a security deposit to open the card.
Which credit bureau does Capital One venture pull?
Which Credit Bureau Does Capital One Use? Capital One appears to pull from any of the three major credit bureaus: Experian, Equifax and TransUnion. Though all evidence is limited to anecdotal data, Capital One does seem to rely on specific bureaus in some states, though this is not a guarantee.
Owning more than two or three credit cards can become unmanageable for many people. However, your credit needs and financial situation are unique, so there's no hard and fast rule about how many credit cards are too many. The important thing is to make sure that you use your credit cards responsibly.
To get a $10,000 credit limit on a Capital One credit card, you will need to apply for a high-end card like Capital One Venture X and meet the income requirements. Other Capital One cards may offer $10,000 starting credit limits to qualified applicants, but the odds of getting a limit that high are not as good.
Where accessibility is concerned, the Capital One Platinum Credit Card beats the Capital One Quicksilver Cash Rewards Credit Card. Those who have fair or average credit cannot qualify for the Quicksilver, which requires at least good credit. For that consumer cohort, the Platinum wins over the Quicksilver by default.
83% of U.S. consumers' FICO® Scores are higher than 600. You share a 600 FICO® Score with tens of thousands of other Americans, but none of them has that score for quite the same reasons you do.
Highlights: While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score. The highest score you can receive today is 850. Anything above 800 is considered an excellent credit score.
There is no general starting credit limit for Capital One credit cards. Your credit limit will be based on your creditworthiness once your application has been approved.
The best credit card for a 675 credit score is the Citi Double Cash Card, which has a $0 annual fee and offers 2% cash back on purchases. The Citi Double Cash Card also reports to the major credit bureaus every month, so it can help you improve your credit history if used responsibly.
Capital One uses any of the three major credit bureaus for credit card approval: Equifax, Experian or TransUnion. More specifically, Capital One usually pulls from more than one credit bureau when considering your application, unlike most issuers who prefer one. So, make sure all of your reports are in order.
Capital One Venture: Rewards. The Capital One Venture card features better ongoing earning rates, though you have to redeem for travel to get maximum value. The Chase Freedom Flex card, on the other hand, provides more redemption flexibility, but it also presents less dependable and more convoluted rewards terms.
What are the cons of Capital One?
Finally, from a product standpoint, Capital One also has less to offer than many other big-name banks. The bank offers no mortgages, home equity loans or personal loans. There are also no investment or retirement account options.
- Aeromexico (Club Premier)
- Air Canada (Aeroplan)
- Air France KLM (Flying Blue)
- Avianca Airlines (LifeMiles)
- British Airways (Avios)
- Cathay Pacific (Asia Miles)
- Emirates (Emirates Skywards)
- Etihad Airways (Etihad Guest)
Quicksilver: Quicksilver's Cash Back is King. While the cards share many of the same features, the higher rewards rate on the Quicksilver makes it the better choice for most people.
According to anecdotal reports, the card's credit limit can be as low as $750 and as high as $10,000. However, Capital One does not list a minimum or maximum credit limit in the card'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.
For a lower annual fee of $395 (see rates and fees), the Capital One Venture comes out on top, while for those with higher budgets, the Amex Platinum offers the highest level of luxury travel perks, helping to offset its steep annual fee of $695 (see rates and fees).
