Capital One Credit Score Requirements for 2024 (2024)

FAQs

Capital One Credit Score Requirements for 2024? ›

If you don't have less than 3 years of credit history, you will need to have at least fair (640+) credit to qualify for this card. Here's what you should know about the Capital One Journey credit limit: There's no surefire way of knowing your Capital One Journey credit limit before applying and getting approved.

If you don't have less than 3 years of credit history, you will need to have at least fair (640+) credit to qualify for this card. Here's what you should know about the Capital One Journey credit limit: There's no surefire way of knowing your Capital One Journey credit limit before applying and getting approved.

It is easy to get some Capital One credit cards because there are options for people with bad credit or better. For example, you can get approved for the Capital One Quicksilver Secured Cash Rewards Credit Card with a bad credit score or with limited credit history.

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.

Some common reasons for not getting approved for a credit card include: Having a low credit score. Having too much debt. Having too many hard inquiries on your credit reports.

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.

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.

Of course, the Quicksilver's rich benefits come at a price: your credit score. Only consumers with good to excellent credit, meaning a credit score of 690 or higher, can qualify for the Quicksilver.

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.

CreditWise gives you an accurate representation of your credit health, as it sources your credit information directly from your TransUnion credit report and updates your VantageScore® 3.0 credit score as often as daily.

What's the easiest credit card to get? ›

The Discover it^® Secured Credit Card is our top pick for easiest credit card to get because it's geared toward those with limited / poor credit. It offers great rewards and charges a $0 annual fee.

Not for bad credit scores

Capital One Platinum, while it's meant to help people rebuild their credit, still requires a fair credit score to qualify. That's a FICO score of 580 or higher. If your score is lower than that, you may want to take a look at the best credit cards for bad credit.

The company uses several different formulas to calculate credit scores—including VantageScore 3.0 and VantageScore 4.0.

Your monthly income needs to be at least $425 more than your monthly rent or mortgage payment to get the Capital One Quicksilver Cash Rewards for Good Credit card, according to Capital One. The higher your income is above the minimum, the more likely you are to be approved.

You may be denied a secured credit card for various reasons, including a lack of credit history, low credit score or no verifiable income. If you've been denied a secured credit card, working toward increasing your credit score can help improve your chances of approval if and when you decide to reapply.

If you apply by phone or online, you will often get a response in 60 seconds. However, in some cases we need to collect additional information to make a decision.

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).

The credit limit for the Journey Student Rewards from Capital One usually ranges from $200 to $2,000, although some cardholders have reported higher limits. Since this is a student credit card, credit limits tend to be low.

Capital One Travel is available to customers with a US-issued, eligible Capital One credit card. Book travel reservations for flights, hotels and car rentals through Capital One Travel and pay via reward redemptions, travel credits and/or your eligible Capital One credit card, including: Venture X, Venture, VentureOne.

Credit Journey uses VantageScore 3.0^® by Experian™. Your lenders (including Chase) may not use VantageScore 3.0, so the score they provide you may be different than the one you see in Credit Journey.