Watch this video BEFORE applying for a Capital One Credit Card. I’ll teach you the rules for Capital One applications so you can increase your chances of approval. Click “Show More” to see Ad Disclosure.
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00:00 – Intro
00:26 – General Requirements
4:51 – 48-Month Rule
5:27 – 2-3 / 30 Rule
7:26 – 5+ Card Rule
9:26 – 1/6 Rule
10:37 – Bucketing
12:55 – 3 Hard Pulls (Inquiries)
14:22 – Recent Inquiry / Account Sensitivity
14:57 – Checklist
Capital One 48 Month Rule
You’re not eligible for the card offer if you received a new cardmember bonus for the same card in the past 48 months.
Capital One 2-3 / 30 Rule
You’re not eligible for the card offer if you applied for a Capital One credit card 2 or more / 3 or more times in the last 30 days (may vary by card).
Capital One 5 Card Rule
You’re not eligible for the card offer if you have 5 or more open credit card accounts with Capital One. Currently applies to Capital One business credit cards as of this video’s recording.
Capital One 2 Card Rule | Capital One 2 Card Limit | May not apply to everyone, if at all
It’s been said for years that you can only have 2 personal Capital One credit cards. It was also said that the following were excluded:
– Cobranded Cards (e.g. Walmart Rewards Card)
– Business Cards (e.g. Spark 1.5% Cash Select)
However, I (and others) have disproved this. See this video:
https://youtu.be/_SyJGPKKiE8?si=CTj15ZUdh24ugkdg
Capital One 1/6 Rule | Capital One 6 Month Rule | May not apply to everyone, if at all
It’s been said that you can get approved for 1 Capital One credit card every 6 months. This includes personal cards and small-business cards.
Capital One Bucketing
Capital One offers different versions of the same card for different credit score ranges.
If you get approved for a ‘lower tier’ version (e.g. fair credit, good credit), then you may not be able to:
– Get a credit-limit increase
– Get upgraded to a ‘higher tier’ version
– Likely applies to individual cards (not overall account)
– Only potential way out? Apply for a new Capital One credit card
Capital One 3 Hard Pulls | Capital One 3 Hard Inquiries
Capital One pulls from all 3 major credit bureaus (Experian, TransUnion, Equifax) for each new credit card application. This means 3 new inquiries, but only 1 per report. It may be possible to freeze 1 report (either Experian or Equifax) and still get approved.
Capital One Recent Inquiry / Account Sensitivity
Capital One is known to be sensitive to recent inquiries & newly opened accounts. While not a hard rule, I’d personally want the following prior to applying…
– 0 new inquiries in the past 6 months
– 0 newly opened accounts in the past 6 months
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com, YourBestCreditCards.com, and others. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#capitalone #creditcards #creditcardapply