Definitive Guide To Capital One Credit Cards

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This will be a dedicated guide to Capital One credit cards that I hope will be one of the only stops you have to make in getting all the information you need in order to get your very first or additional Capital One cards.

Capital One credit cards are a pretty mixed bag in terms of people’s opinion them, I think this is natural when covering such a wide range from credit repair based cards all the way to lets say “regular cards”. In this guide we will cover both sides of Capital one, so we will cover everything we know at this point with what bureau Capital One pulls from, the credit scores they like to see, how to get additional cards and of course CLIs!

Be sure to bookmark this page as we will constantly be updating it as information changes!

Capital One Data Points

Hard Pull (hard hit) on ALL 3 BUREAUS & 680+ credit score on regular cards like Venture and 580+ on credit rebuilding cards like the Quicksilver and Platinum cards. I believe they are in fact the ONLY credit card company that pulls a credit report from all 3 credit bureaus, this for many consumers is a huge turn off!

During normal times (non-corona) Capital One likes to see a 680+ credit score on their regular cards and a 580+ on the credit rebuilding cards. I have seen many people getting the credit rebuilding cards with a variety of data points from 500 credit scores (no derogs, good history, thin file) to my own which was in the 560s at the time when I got my first Capital One Quicksilver card (2010 BK, multiple lates/write offs)

Keep in mind with the credit rebuilding cards you will probably only get approved for $300-500, both of mine were approved for $400 originally and then they automatically have a $100 CLI that happens after 5 or 6 on time payments.

Here is a backdoor link to upgrading your Platinum and Quicksilver One cards to Quicksilver cards which will get you the 1.5% cashback. *its odd how it works, it will force login regardless if you already logged in and if there no cards valid to upgrade it will say no cards available to upgrade or link/offer no longer available. Assume its because you have no cards ready to upgrade.

Getting CLIs (credit limit increases)

Capital One works on a 6 month rule, meaning every 6 months you can request a CLI, I have also heard talk of a 7/24 rule as well which is no more than 7 inquires over the last 24 months which a lot of banks even thought may never mention it, do in fact follow.

Capital One actually makes it pretty clear even on their website FAQs what they are looking for in order to approve a CLI. More on that in a sec…

To actually request a CLI, its really easy, you will see it in your account under “I want to…” section/button. You will see a “Request Credit Limit Increase” option. Simply fill out the form and submit. If you are approved you should get notification right away that you were approved. If you get the 5-7 day letter notification it most likely means no and if you recently already got a CLI then you will get a message saying you don’t qualify at this time because you recently got a CLI already.

They work like most banks in that first off they want to see you using the card, I know with some people they get into the hoarding side of cards and accounts just to see if they can get it but similar to Citibank and Discover, they want to see you active. Also they don’t say it directly but they want you to pay more than the amount due, which I think ALL credit card companies want to see but when it comes to CLIs, its a pretty important factor to Capital One.

I know this because not only does it list this as a reason you might be denied but also too because I was denied on a CLI after my credit rebuilding cards matured and the reason why is I still wasn’t paying enough per month. Keep in mind at the time I was making $100 monthly payments on $600 credit limit cards with less than 30% utilization.

Getting Additional Capital One Credit Cards

This process is actually pretty easy, there is no special offers in your account admin or special process here, you would simply use the non-impact pre-approval page here to see if you qualify for another card. I did personally setup multiple cards through Capital One even though I probably wouldn’t do that again or suggest to do it.

Having multiple cards with Capital One is pretty easy to manage, each account is accessible from the same login/admin and easy to navigate between each one for account management all the way down to requesting CLIs.

Getting Credit Rebuilding Cards

These are some of the easiest cards to get, that being said they come at a heavy price, hitting all three credit bureaus with an inquiry that WILL stay on for full 24 months isn’t something you should take lightly. If you are rebuilding your credit or building your credit for the first time then the Quicksilver One and Platinum cards are great intro cards into the credit world, much better than the likes of Merrik bank or Credit One.

The easiest way to see if you qualify is to check their own pre-approval page here, and I would also suggest to cross reference that with the suggestion engines on Credit Karma and Experian to see if you are also showing good approval odds on those sites as well.

Capital One Personal Credit Cards

Capital One makes it pretty easy to see what cards you should be focused on based on their own credit level ratings system they use on the credit card compare page. Have a look…

capital one credit cards

Also considering Capital One has 22 cards, I will not be covering all of them here, only the ones I have data points on. Its worth noting the following though…

Based on their own internal credit level system

  • The Platinum Mastercard, QuicksilverOne Rewards, Journey Student Rewards and Spark Classic all ranked FAIR credit level
  • The VentureOne Rewards, Quicksilver Rewards, SavorOne Rewards and Capital One Walmart Rewards all ranked GOOD credit level
  • Lastly, Venture Rewards, VentureOne Rewards, Quicksilver Rewards, Savor Rewards, SavorOne Rewards, Capital One Walmart Rewards (ranked good-excellent), Spark Cash, Spark Miles, Spark Cash Select, Spark Miles Select, BuyPower Business Card, Buypower Card and both Cabelas cards ranked EXCELLENT credit level

The SUBs (signup bonus) always change, we will do our best to keep this updated.

  • Capital One Venture
    • Earn 20,000 mile sign up bonus (worth $200) once you spend $1,000 on purchases within 3 months from account opening.
    • 0% Intro APR on purchases for 12 months; 13.74% – 23.74% variable APR after that
    • Earn 10x miles on hotels booked and paid through hotels.com/venture (can be transferred to 12 airline partners)
    • Earn 1.25X Miles on every purchase
    • Annual Fee: $0

DPs: (680+ $20,000 with 2 AU’s over $10,000 each) 

  • Capital One Quick Silver One
    • Earn 1.5% cash back on every purchase, every day
    • 26.99% variable APR; No Transfer Fee
    • Get access to a higher credit line after making your first 5 monthly payments on time
    • Great card for those with no credit history or a low credit score
    • Annual Fee: $39

DPs: 560s/ $400 Limit

  • Capital One Quick Silver
    • Earn 1.5% cash back on every purchase, every day
    • 21.99% – 26.99% variable APR; No Transfer Fee.
    • No Foreign Transaction Fees
    • Annual Fee: $0

DPs: 650s/ $500 Limit

  • Capital One Platinum
    • 26.99% variable APR
    • Get access to a higher credit line after making your first 5 monthly payments on time
    • Excellent card for those with no credit history or a low credit score
    • Annual Fee: $0

DPs: 560s/ $300 Limit

Capital One Business Credit Cards

Again I will not be covering every single Capital One business credit card as they offer 5 currently and I only have data on some. Go here to get a full list of business credit cards Capital One is offering and to get the most recent SUB info.

This is where I have to dog on Capital One quite a bit here, I found this out the hard way which is that the business credit cards get reported to your personal credit profile as well. This is weird because a business credit card works much differently in terms of the billing terms and acceptable balances, yet Capital One is reporting that to your personal file so when you max out your business credit card, which actually is pretty normal even for a small business, its reporting as maxed out on your personal profile. This will completely destroy your credit score as it will send your credit utilization through the roof!

It gets worse, lets say you have a 0% interest card with a $30k limit on it and you maxed it out at year end spending, that utilization will show up on your personal profile and would tank your credit score right around the holidays and new year! I have heard of drops as high as 150 points, even if you have 800+ score.

2021 Update: Some of their higher limit cards no longer report to personal credit profiles, not sure which ones as of yet.

  • Capital One Spark Classic (580+)
    • 1.0% cash-back on every purchase
    • $0 annual fee
    • The ongoing APR is 24.49% Variable APR, which is relatively high, so it’s not a good card for carrying debt

DPs: 688/ $500

  • Spark cash select (670+)
    • 1.5% cash-back on every purchase
    • $0 annual fee

  • Spark cash (670+)
    • 2% cash-back on every purchase
    • $95 annual fee waived the 1st year
    • After the first year, you’ll need to put $4,750 on the card annually to break even.

  • Spark Miles (670+)
    • 2 miles per dollar spent on every purchase
    • $95 annual fee waived the 1st year
    •  After the first year, you’d have to spend at least $4,750 a year on the card before the rewards would outweigh the cost.
  • Spark Miles select (670+)
    • 1.5 miles per dollar spent
    • $0 annual fee

2021 Capital One Business Credit Card Updates

We have fresh intel for you on the submission process of the Cap 1 Spark business card, here is the standard data they are requesting for new applications. They state in the email that this is based on new requirements from the government.

Capital One Phone Numbers

These are what we call back door phone numbers, or numbers you can call for recon or other needs in the approval and CLI front.

Cap1: 800-625-7866 (Account Specialist)

Cap1: 800-951-6951 (cust. relations)

Cap1: 800-903-9177 (Application Service Group department)

Cap1: 800-548-4593 (application status – automated only)

Cap1: 800-955-7070 (App Status) Select App for New then Option 2 to check App status 

Cap1: 800-889-9939 or 800-625-7866.(Account Specialist)

Cap1: 877-513-9959 (Account Retention?)

Cap1: 800-258-9319 (Debt Recovery)

Cap1 Secured Platinum: 800-219-7931 (deposit taker, can speak to credit analyst)

Cap 1: 800-707-0489 (Senior Escalation Account Mgrs.)