FAQs
You need a credit score of 700 or higher (good to excellent credit) to get the best Capital One credit card offers. Other options are also available for people with lower scores, as it is possible to get approved for Capital One credit card with limited credit history or a bad credit score.
Does Capital One have a 5 24 rule? ›
The most important rule to consider in collecting points is the “5/24 rule.” The rule is simple: If you get 5 personal credit cards in any 24-month period, you're automatically prohibited from getting a 6th Chase or Capital One card.
Which Capital One card is the easiest to get? ›
The Capital One Platinum Secured Credit Card is easier to qualify for because it's a secured card, which means you'll need a security deposit to open the card. Although the card doesn't come with any rewards, you'll have an easier time getting approved even if you have a weaker credit score.
What is the hardest Capital One card to get? ›
Capital One Venture X Rewards Credit Card
A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The Capital One Venture X Rewards Credit Card is hard to get because it requires excellent credit for approval and charges an annual fee of $395. You get a lot in return, though.
What's the lowest credit limit for Capital One? ›
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.
Is Capital One hard to get approved? ›
Your approval odds for the Capital One Venture X Card are best if your credit score is 740 or higher. Keep in mind, that other factors go into your application as well, including your income and relationship with Capital One.
What is the 50 30 20 rule Capital One? ›
Create a budget that works for you
I personally love using the 50/30/20 method, a popular technique where you break your budget into three categories –– 50% goes to needs (think: food, water, shelter), 30% goes to wants (fun things like travel, dining out, and hobbies), and 20% goes to savings and debt.
Does Capital One have a 6 month rule? ›
Capital One reportedly limits cardholders to one new Capital One credit card every six months. You can also have only two Capital One personal credit cards open at any given time, though co-branded Capital One cards and Capital One business credit cards don't fall under this restriction.
Is Capital One strict? ›
Capital One Application Rules
While it doesn't publish precise criteria for who may or may not qualify for approval, Capital One has a reputation for being strict on eligibility and holding high standards for their premium cards.
What credit card approves everyone? ›
First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.
The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back. Cardholders can also earn an initial bonus of $200 cash rewards after spending $500...
What credit card has a $2000 limit for bad credit? ›
First Latitude Select Mastercard® Secured Credit Card
Past credit issues shouldn't prevent you from getting a credit card with great benefits & rewards! Choose your own fully-refundable credit line – $200 to $2000 – based on your security deposit.
What card do billionaires use? ›
What Credit Card Do the Super Rich Use? The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.
Is savor one or quicksilver better? ›
Is the Capital One SavorOne better than Quicksilver? Overall, these cards are a close match. However, SavorOne offers slightly better cash-back rewards. Because the higher rewards are earned, in part, on groceries and dining, the SavorOne is likely to generate more rewards for almost anyone than the Quicksilver card.
Which is better, Capital One Platinum or Capital One Quicksilver? ›
The Quicksilver has rewards, a sign-up bonus and an intro annual percentage rate (APR) period on purchases and balance transfers, all for a $0 annual fee. The Platinum doesn't have any of those perks. Of course, the Quicksilver's rich benefits come at a price: your credit score.
Can I get a Capital One credit card with a 600 credit score? ›
According to FICO®, for example, a fair credit score falls between 580 and 669. According to VantageScore®, a fair score ranges between 601 and 660. Capital One credit cards for fair credit include QuicksilverOne, Quicksilver Secured, and the Platinum Mastercard.
Does Capital One use FICO or Vantage? ›
Additionally, Capital One uses VantageScore to power its CreditWise tool.
What credit score do you need for Capital One QuicksilverOne? ›
The credit score you need for the Capital One QuicksilverOne card is 640 or higher. The Capital One QuicksilverOne is also available to people with limited credit, so you may be able to get approved even if you have less than 3 years of credit history.
What is the easiest credit card to get? ›
NerdWallet's Easiest Credit Cards to Get of June 2024
- OpenSky® Plus Secured Visa® Credit Card: Best for No credit check and no bank account required.
- Chime Secured Credit Builder Visa® Credit Card: Best for No credit check + flexibility and guardrails.
- Mission Lane Visa® Credit Card: Best for Unsecured card for bad credit.