Originally Posted by
BA_Jfan
I got rejected for the card. Actually pretty surprised. 800+ credit score, 100k+ income. Never had a late or missed payment for any card. Called reconsideration and was told they can't do anything till I get a letter explaining decision. Hung up and called again and got the same answer.
Cap1 is known to dislike people with really good credit that pay their bills on time (seems counterintuitive, but they do make less money if we don’t pay interest). Their desired demographic pays some interest, carries balances, and has a generally lower credit score.
I was shocked when they approved me (800+ score, 20 year credit history, 30+ active credit cards, $400k income, 4/24 at time of app). They’ve turned me down for their cards previously with similar statistics.