I recently applied for the Venture X card and got an instant denial lol. The reason Cap One gave was “too many revolving accounts” which is BS in my opinion because I know people who have been approved that had more accounts than myself (7). My score was in the low 800’s and I have a six figure income. I think the real reason for the denial was that I never carried a balance when I used to have their Spark and Savor One cards so they never received any interest payments. I decided to stop doing business with Cap One and closed my 360 Savings account quickly after the denial. Amex is getting the majority of my spending these days, followed by Chase. It’s good this was the only card I applied for this year so the 3 bureau hit won’t sting me as much, but I was surprised and upset by what happened.