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Thread: Capital One Venture & other Cap 1 cards (50K for $3k spend)[Consolidated]
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Old Dec 11, 2018 | 10:43 am
  #617  
mikesyr18
 
Join Date: Mar 2017
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Originally Posted by GiltGrouch
I got it from the rejection explanation letter sent to me by Capital One. Reason for application rejection = no revolving balances on other credit cards. (I'm paraphrasing... don't have the letter with me). I've paid off every card's statement balance in full going on at least two years now. My FICO is around 840.
I think Capital One is trying too hard to make people believe they're a quality issuer.

They should never reject anyone with an 840. They should be approving people with scores in the low 600's.

They'll never shake the reputation of being an issuer solely for those with garbage credit.
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