GAME OVER: I Just Debunked the Capital One 2 Card Limit (Watch Me Apply)

Does the “Capital One 2 Card Rule” hold true when I apply for my 3rd personal Capital One credit card (and 4th overall)? NOPE! But the outcome was different than I expected. Click “Show More” to see Ad Disclosure.
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For YEARS I’ve heard that Capital One has a 2 Card Limit, meaning you cannot get approved for more than 2 Capital One credit cards and have them all open at the same time. Then I heard that this rule only applied to personal Capital One credit cards and excluded co-branded cards. More recently, when I asked a Capital One representative if the 2 Card Limit was a thing, I was told no.
So, which of these are true, if any?
Well, perhaps some, all, or none were true at certain points in time.
However, I was curious to know what the reality was as of November 2022.
I already had 3 active Capital One credit cards…
(2 personal credit cards, 1 business credit card):
- Capital One Venture
- Capital One Venture X
- Capital One Spark Cash Select (1.5% cash back credit card with no annual fee)
For a while now, I’ve had my eye on the Capital One SavorOne credit card.
For a $0 annual fee, you earn the following rewards…
- 10% Uber / Uber Eats (plus an Uber One membership) - both through 11.14.2024
- 8% Capital One Entertainment
- 8% Vivid Seats purchases
- 5% Hotels via Capital One Travel
- 5% Rental Cars via Capital One Travel
- 3% Dining
- 3% Entertainment
- 3% Popular Streaming Services
- 3% Grocery Stores
- 1% Other Purchases
It also currently has a welcome bonus of $200 cash back after spending $500 in the first 3 months.
That is A LOT of value, both up front in Year 1 and long term. In fact, it may be the (or one of the) best cash back credit cards ever made.
So, it’s time to test the Capital One 2 Card Limit by applying for this awesome card!
MORE INFO ABOUT MY CREDIT SCORE PRIOR TO APPLYING...
Credit Scores:
- Experian: 766 (frozen)
- TransUnion: 809
- Equifax: 824
Credit Inquiries
- Experian: 10 (frozen)
- TransUnion: 5 (1 in the last 12 months)
- Equifax: 1 (0 in the last 12 months)
New Accounts (on my credit report)
- Last 6 months: 3
- Last 12 months: 5
- 24 months: 6
Average Length of Credit History
- 4 years 4 months
Relationship With Capital One
- Personal Capital One Checking Accounts
- Personal Capital One Savings Account
- Capital One Personal Credit Cards (2)
- Capital One Business Credit Card (1)
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#creditcards #capitalone #cashback

[@MarkReese]

💳👉VIEW CREDIT CARD OFFERS! markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! markscreditcards.com/rakuten (More links in Description below video) 😃👍

[@jaramainetaylor4400]

I have three cards, Savor One, Venture, and Quicksilver. There are so many KZbin channels that just harm so many people. So many don't have a clue of what's going on in credit cards. They see others that are knowledgeable and successful credit card you tubers and believe they can do the same thing and they can't! They put in no work but want to copy the hard work and research that others do. People, this individual is legit and he does his research. Stop getting critical credit card advice from everyone on KZbinr. You combine your personal research with the KZbinrs research to and then you can make better decisions! Great video debunking another KZbin, reddit or any other social media credit card forum

[@MarkReese]

Glad you appreciate the information on this channel, Jaramaine!

[@Jamrock888]

I have all 3 of the same cards. Lol 😂 idk what ppl are talking about !

[@alonzogonzalez637]

@@Jamrock888 Thinking of doing the same thing.

[@i000_]

This is a fact! 2 years ago I had 4. They all were Closed due to an argument with a manager and I was banned. Long story short, they kept sending me personal offers. Then they would close the account before I receive the card. After the 3rd time, I filed a complaint and promised to sue. As of today I now have 3 cards within 6 months (10/22, 12/22, and 02/23). I called today to ask a rep about this 2 card limit and he practically laughed. I had gotten a Pre-approval offer today (02/20/23) and didn't want to waste a pull.

[@i000_]

@@Jamrock888 🤣 They're sm0k1ng that sht! They had me tripping about the 2 card nonsense.

[@jenniferlarson9215]

Good to know!! I already have Savor One and Quicksilver One and wanted the Venture!

[@MarkReese]

It's possible!

[@jalabi99]

10:50 was I the only one worried that the application would time out before Mark completed his explanation? 🙃😂 Glad it went through!

[@MarkReese]

😄✌

[@AdamBA380]

Data point: my Experian report was frozen and I was still approved for the SavorOne with the sign-up bonus offer. This is while having the Venture X and Quicksilver open.

[@MarkReese]

Awesome data point, thanks for sharing this, Adam! Congrats, too 🏆

[@AdamBA380]

@@MarkReese Thanks! Congrats to you, too! Also, may I ask what you plan to do with your regular Venture now that it’s made a bit redundant by the X? 👀

[@MarkReese]

@@AdamBA380 - Still TBD. Been holding onto it to get first-hand experience with the dashboards, portal, etc. That way I can share the visuals with other in videos like I did in the Capital One Lounge Tour video, Venture vs. Venture X comparison video, etc. 👍

[@mrtasiplz]

Same I had Experian frozen and still got the sign up bonus.

[@oleopathic]

Cap1 also countered me with a SavorOne without a welcome bonus. Yet all my CRAs were unfrozen, unlike Mark's. No, I dont think that Mark was denied the $200 welcome bonus because his Experian was frozen. Also, his FICO was higher than mine by a bit. If I had to guess. Cap1 is doing a bait-and-switch now during the recession. They need to get more customers but because the banking sector is crashing they want to hold back bleeding out welcome bonuses. Sneaky, sneaky Cap1.

[@blkngwinn]

Hmmmmm, I have no idea why people keep saying this because I have three Capital One cards that I use and i`ve had them going on 7 years now.

[@MarkReese]

Are any of them co-branded cards?

[@blkngwinn]

@@MarkReese Nope…All Capital One.

[@rabadiking]

I have 4 capital one cards. Started with platinum, then got the quicksilver, savor one, and recently got the venture

[@TheCreditFrog]

Congrats on the new card Mark! If I the hard pull was already performed, what's done is done, and I would have definitely just taken the card even without the SUB. Hope you enjoy the new refreshed Uber benefits! Thanks for bringing us along for the ride!

[@vibesaddickentertainment9777]

That happen to me with caravan lol I just went ahead and take the car lol

[@MarkReese]

Thanks Stan!

[@m8852]

Very well done! No long, boring pauses, and filled with useful information.

[@MarkReese]

Thank you!

[@SpencerJohnsonOfficial]

Always cool to see credit card myths debunked. Interesting to see that you weren't eligible for the welcome bonus, but I likely would have done the same thing as you and still taken the card with a $10k limit and no welcome offer. Unfortunate for sure, but it's better to have the card than not, especially since they already did the hard pull. Thanks for sharing Mark!

[@MarkReese]

Yep! The ongoing rewards categories rock 🏆

[@oleopathic]

Cap1 also countered me with a SavorOne without a welcome bonus. Yet all my CRAs were unfrozen, unlike Mark's. No, I dont think that Mark was denied the $200 welcome bonus because his Experian was frozen. Also, his FICO was higher than mine by a bit. If I had to guess. Cap1 is doing a bait-and-switch now during the recession. They need to get more customers but because the banking sector is crashing they want to hold back bleeding out welcome bonuses. Sneaky, sneaky Cap1.

[@SpencerJohnsonOfficial]

@@oleopathic That's an interesting take and you could be right on the money! Thanks for sharing that data point with us TA.

[@oleopathic]

@@SpencerJohnsonOfficial you are welcome. Hopefully cap1 isn't doing anything illegal as they, seemingly randomly, are denying people welcome bonuses.

[@SpencerJohnsonOfficial]

@@oleopathic Now that's a fair point. That would definitely not be ideal

[@wcso5931]

I had heard this myth. I laughed because I have the Venture, Venture X, and the Savor. I also think that anyone that is all in with Capital One should definitely have both the Venture X and Savor. They are naturally made to be together

[@MarkReese]

Venture X + Savor = winning combo for travel! ✈️

[@TravelBossNas]

Ya this was months ago. I think when the X first came out. But I did the pre approval thing yesterday and it said I was eligible. So maybe they changed the rules? Not sure either.

[@kevjak357]

Congrats Mark. I had the same thing happen to me except the Savor One was my 2nd Cap Card and I accepted it. The only thing you're missing is the sign up bonus. No big deal.

[@MarkReese]

Great that you got the card, too!

[@oleopathic]

Cap1 also countered me with a SavorOne without a welcome bonus. Yet all my CRAs were unfrozen, unlike Mark's. No, I dont think that Mark was denied the $200 welcome bonus because his Experian was frozen. Also, his FICO was higher than mine by a bit. If I had to guess. Cap1 is doing a bait-and-switch now during the recession. They need to get more customers but because the banking sector is crashing they want to hold back bleeding out welcome bonuses. Sneaky, sneaky Cap1.

[@carolinareyes756]

Congrats Mark welcome to the savorone family!! I had no idea capital one “had” that rule but I’m glad you debunked it😊

[@MarkReese]

Thanks Carolina!

[@paullee9784]

I have 4 personal Cap One. Basic Cap One I had for long time, then Quicksilver I got later. Got Venture X last year and just got Savor One last month.

[@jontravelstheworld3339]

I have a Quicksilver, Savor One and Venture with CO. Applying for the Venture X soon so let’s see if they allow 4 personal cards.

[@MarkReese]

Good luck on the application & report back with the result! 💯

[@albertr915]

Congrats to you Jeffery on your Capital One Savor One card. This is a excellent card to add to your credit card lineup. I have the same Savor One card (no fee,) and I love it. This Capital One Savor One card is my #1 favorite credit card of all of my credit card's I have. This card is perfect for me. I love the three percent cash back it gives on dining, entertainment, and grocery stores. I really love the dinning three percent. I use this card all the time for dining. Plus, the new addition on the Uber One, and Uber Eats is great too. You are going to really like this card. Hope to see you make a unboxing video when you get it.

[@MarkReese]

Great that you also gave the card & are getting great value out of it! 🏆

[@pauldiam0nd]

Dude! Thanks for rolling the dice and going out on a limb with this video. Likewise, I wanna apply for the same card and currently have two regular cards. Everybody and their mother on the internet says n o. You cannot have more than two personal credit cards. And then after calling Capital One, they said the exact same thing to me. I just didn't know who was misinformed. Thanks for doing this. I feel a little more confident now applying for the Savor card

[@MarkReese]

Glad to help, MAX POWER! 💥

[@Cgage]

How did that work out for you?

[@jeremymoore450]

Mark, Congratulations on getting one of the best no AF Cashback cards. The savorone is definitely an underrated card. It is awesome now with the refresh they did. Congratulations bro. Appreciate these videos as always.

[@MarkReese]

Thanks Jeremy!

[@ItsMeCJ]

Congrats on the new card, I definitely wasn’t expecting to see that you wouldn’t get the sign up bonus. That was a plot twist for me, but the SavorOne is a pretty sweet card especially with the new Uber benefits. I still would have accepted the card since there was already a hard inquiry reported on my credit. That at least makes it a win rather than a complete loss.

[@MarkReese]

Indeed! The "approved + no bonus + hard pull" puts ya in a strange situation 😂 However, the ongoing rewards on the SavorOne are crazy strong.

[@LoveClassicMusic0205]

@@MarkReese The reason you didn't get the welcome bonus is because you were an existing cardholder. I got it back in 2018 because I had no Capital One cards at all, though I did have bank accounts (formerly ING Direct) with them. Also, I don't understand why you thought that if you declined the offer there would be no hard pull. They already did that before making you the offer.

[@MarkReese]

@@LoveClassicMusic0205 - I had 2 Capital One cards (1 personal, 1 business) and still received the bonus on my 3rd card (Venture X) when I applied. Being an existing cardholder does not preclude you from getting additional welcome offers.

[@dugroz]

Same. I had a Quicksilver from years ago when I got the Venture X, still got welcome bonus.

[@MrYourecool2]

@@MarkReese when I applied I was also approved and they did not offer me a welcome offer. The only capital one card I have is the quick silver and it was from about 4 years ago. They may stop giving sign up bonuses to existing member. Maybe a new video idea?

[@boondoggle4820]

That 3% cash back with no annual fee on the savor one is really not bad. Capital one is really stepping up to be competitive with chase and amex.

[@MarkReese]

Yep! And it goes beyond 3% too. Check this out... - 10% Uber / Uber Eats (plus an Uber One membership) - both through 11.14.2022 - 8% Capital One Entertainment - 8% Vivid Seats purchases - 5% Hotels via Capital One Travel - 5% Rental Cars via Capital One Travel - 3% Dining - 3% Entertainment - 3% Popular Streaming Services - 3% Grocery Stores - 1% Other Purchases Ridiculous 🏆

[@jimmyjames6492]

I've never seen that screen before that popped up when you applied for the Savor One. Just like the AMEX Pop Up Jail. Plus a hard pull. Dang. Almost forces you to go ahead and take their no SUB offer. Thanks for the info + video!

[@MarkReese]

Yeah at first it felt like a similar experience to Amex, but then I saw that hard pull 😆

[@kanubee]

I'm going with the fact that you froze your Experian as the reason for not getting the bonus offer. Entertaining and very cool.

[@MarkReese]

That's what I was thinking too, however, I saw a couple comments from others on this video that they also froze EX but got approved for the card w/ the bonus 👍

[@luckyluna62]

I have a SO card and just through this video learned about the new Uber credit 😮 def looking into it now

[@MarkReese]

💯🏆

[@gagesaenz3864]

Another Capital One user here, I have the Venture X, Savor, VentureOne (downgraded old Venture), Quicksilver (first Capital One card), and co-branded Wal-Mart with Capital One. I think it's safe to say the myth of only being able to have 2 personal cards is de-bunked.

[@MarkReese]

Awesome, thanks for adding your data points, Gage!

[@4islandbeauty]

Same here I have 3 of the ones you've mentioned and they've pre approved me for some of the same one's O already have!

[@mrwelch2004]

Were all of your personal cap cards after 2011?

[@tballz4350]

They did the same thing with me for my quicksilver card. It's a bit scummy. It's pretty much a bait n switch. They know your probably gonna except cuz of the hard pull and they save themselves $200.

[@MarkReese]

Haha could be. Doing that hard pull prior to making a decision about the offer was not cool 😅

[@kanubee]

Good point about bait & switch. Did you pass all of the caveats before submitting your credit app?

[@tballz4350]

I had only one c1 card before applying with very few inquiries. Not sure about all the other stipulations but I also had over a 700 score. So who knows...

[@Rikkusyn]

I have five capital one credit cards(Venture One, Savor One, Quicksilver, Quicksilver One and Walmart MC. I'm also a longtime customer with them. The rule doesn't apply

[@MarkReese]

Awesome 🏆 I appreciate you sharing your data points, Chris!

[@prophetessoftroy]

Former 6+ year CapOne employee here. This “rule” is complete BS and I really don’t know where y’all got it. I had never heard of it until I started seeing guys on the internet talking about it. (ETA: I worked back-office regulatory compliance so I had to be familiar with all products offered, from card and auto finance to brokerage, mortgage, and banking.) That said, there HAVE historically been guidelines regarding the number of cards within a given line/product type (Venture, VentureOne, Venture X, for example), but not across branded book (or Capital One Product) cards.

[@MarkReese]

Thanks for sharing these insights, Rainy Jane! 💯

[@stevensonsimervil334]

Do capital one do a hard pull for each credit card you apply for?

[@prophetessoftroy]

@@stevensonsimervil334 when I worked there, yes. Every application was a hard pull. That may have changed since then, so I can’t give you 100%.

[@RichardMorrison1976]

This will be very useful as I consider my next steps in my credit journey with Capital One. 😎

[@MarkReese]

😃💯

[@godlovesyoumorethanyoucane4239]

Anytime you said the word “button” I smirked lol. Great videos!

[@MarkReese]

Glad you enjoyed! 🎬

[@MedievalMarketer]

Mark, this was a handy DP! Thank you. The exact same situation happened to me with the SavorOne a few weeks back. Sometimes it's nice to get the card even when we have to sacrifice the SUB! 👊

[@MarkReese]

For sure! While the bonus would've been nice, the rewards structure of the SavorOne is RIDICULOUS 🏆 - 10% Uber / Uber Eats (plus an Uber One membership) - both through 11.14.2022 - 8% Capital One Entertainment - 8% Vivid Seats purchases - 5% Hotels via Capital One Travel - 5% Rental Cars via Capital One Travel - 3% Dining - 3% Entertainment - 3% Popular Streaming Services - 3% Grocery Stores - 1% Other Purchases

[@oleopathic]

Cap1 also countered me with a SavorOne without a welcome bonus. Yet all my CRAs were unfrozen, unlike Mark's. No, I dont think that Mark was denied the $200 welcome bonus because his Experian was frozen. Also, his FICO was higher than mine by a bit. If I had to guess. Cap1 is doing a bait-and-switch now during the recession. They need to get more customers but because the banking sector is crashing they want to hold back bleeding out welcome bonuses. Sneaky, sneaky Cap1.

[@MedievalMarketer]

@@oleopathic Very interesting!

[@MedievalMarketer]

@@MarkReese No doubt, Mark!

[@oleopathic]

@@MedievalMarketer i thought that the move was pretty sneaky. cap1 thinks that you are reliable enough to entrust a 10k limit to but not good enough to earn their $200. something is off here!

[@neonfuz_]

Thanks for making this video! It's crazy how many false rumors there are around credit cards. I applied to a Quicksilver and Savor One and thought I messed up. I almost canceled the Quicksilver until I decided to make a thread on Reddit asking if I should, and others pointed out that this rule only applies to secured / subprime capital one cards. Getting accurate info out there is important!

[@MarkReese]

Accurate info is definitely important! 💯

[@gregjones8800]

The green card is really good for Unique airbnbs stays if Amex doesn’t cover a specific location you’re looking for. If not the Luxury resorts. Still a good card for 3rd party plane ticket books like Expedia or any 3rd party travel apps

[@MarkReese]

It sure is! 💯

[@ThePowersSix]

I have the QS Visa, QS Mastercard, Walmart store, Bass Pro Shops Mastercard, Kohls Visa, Pottery barn store card and also the Williams Sonoma store card.

[@MarkReese]

Legit! Thanks for the data point 💯

[@r.a.8407]

Love the savor one especially with the 10x at uber & 8% entertainment 😅

[@MarkReese]

Absolutely! 💥

[@chrisbrown8748]

I filling my brain with Capital One information so I can make my plan as to when I’ll apply for the Savor One. I love all your content and even watch videos that at the time didn’t really apply to me (such as this one since at the time I didn’t have any Capital One cards) but now that I have the Venture X I need to play closer attention so that I don’t waist a hard inquiry unnecessarily.

[@MarkReese]

Smart to stay in the know! The rules in this game can be crazy.

[@featherpony]

I was waiting for your browser session to expire while you kept talking. I've seen web servers with sessions limited to 2 minutes before being disconnected.

[@MarkReese]

😂

[@theonlybuster]

Yeah, there's def no 2-card limit w/ CapOne. I started w/ the Platinum and QuickSilver, then later got the Venture card (by mistake). I later got the SaverOne and most recently the Venture X -- all personal cards. Because I know you're probably wondering, I was young and thought I had to stay in one "camp" when it came to credit cards, so many years ago I basically applied for all the CapOne cards. Each have pretty high credit limits and low/no fees, so I've kept them all active.

[@MarkReese]

Awesome thanks for sharing your data points, Buster 👊 Smart move to get no-fee cards & keep them open.

[@ammooth1592]

Congratulations, 🎉👏 My Man. I want that connection from a credit 💳 🤑

[@MarkReese]

Thanks!

[@macabremofo945]

I have 3 Capital One cards. Quicksilver One, Platinum, and Walmart card. This video (and a couple of beers) gave me the confidence to go ahead and try and it was not approved. 705 credit wise score. 7-10 business days for a reason and a hard inquiry. I will update if too many accounts is the reason.

[@MarkReese]

Ah bummer. See what the denial letter says & report back 👍

[@Cgage]

Any updates on the reason?

[@macabremofo945]

@@Cgage They doubled my limit on two of my other cards and said I couldn't be approved for another line of credit at this time. Its OK , Capital One rules and might try again in a couple years.

[@Cgage]

@Macabremofo yea when i check for pre-approvals it says I have 2 many accounts open. I just have the quicksilver and savorone. So I'm scared to apply.

[@macabremofo945]

@@Cgage I have 17 hard inquirys from a car buying calamity 1 1/2 years ago so that might have something to do with it. I have more credit than I can possibly handle month to month so it's no big loss over here, just wanted to see what happened really. The last one I got was the Walmart card, if you shop alot at Walmart it has been a great card and I think they are a little looser with handing it out with a decent amount.

[@vibesaddickentertainment9777]

10K nice 🤤🤤🤤🤤🤤 good video reece ✍🏿

[@MarkReese]

Thanks! 👊

[@sonny6810]

I knew it!!! That's what it is... you can get as many cards as you want, but they only allow you to carry 2 credit cards that you received a bonus for! So you can apply to any other card, but they will issue it without the bonus! (Reason I think this is that when you use the pre approval tool, I get pre approved for most cards but with no bonuses...)

[@MarkReese]

Not necessarily true. Other people in the comments have gotten 3+ Capital One cards with bonuses.

[@Jack-kj1zu]

I have 5 Capital One cards. Didn't know there was any limit until i tried for the 6th one and got denied because I have too many. So 5 is the max at least for me

[@MarkReese]

Thanks for sharing your data point, Jack!

[@stevensonsimervil334]

Do capital one do a hard pull for each credit card you apply for?

[@Jack-kj1zu]

@@stevensonsimervil334 yes they do.

[@stevensonsimervil334]

@@Jack-kj1zu ok do you got any trick or hack to get around the hard pull?

[@southcoastpooldoctor693]

I got 3 quicksilvers and a Walmart and spark business they don’t know their own rules

[@MarkReese]

Haha that's awesome! 👊

[@jonathangonzalez5389]

Hey!! I love your videos without a doubt very useful info. Btw , do you apeak Spanish? Noticed your phone is in Spanish

[@MarkReese]

I'm teaching myself! 🇨🇴

[@theinternationalist1357]

Congrats on your new card. I'll get mine this summer :)

[@MarkReese]

Thanks! Good luck on yours later this year 💯

[@caribdude8151]

Mark, I'm not sure if this has been asked or not before on this video but are you planning to do an unboxing video for this card? Would love to see one! Happy weekend and Happy December btw!

[@MarkReese]

No unboxing video ✌

[@xYasago]

From the capital one site, you can choose to apply for the “SavorOne card” (for “excellent” credit), or the “SavorOne card for good credit”, with the difference being that the “good credit” option not having a bonus and locked into the abysmal 28.49% APR, and no 0% APR offer. It looks like you were denied for the “excellent credit” option but they automatically considered you for the “good credit” option and approved you for that, which is interesting. You also weren’t offered a 0% Intro APR offer, which matches this observation. If you chose to apply for the “good credit” option straight away you’d probably be approved? But I don’t see why you wouldn’t apply to at least be considered for the welcome bonus and a potential 0% APR offer if the odds are the same.

[@MarkReese]

Yep it definitely looks that way 👍

[@boostedjdmdb8]

I have 3 capital one card. Quicksilver, savor one, venture x.

[@MarkReese]

Awesome, thanks for sharing your data point!

[@blakinsideandout]

I may apply later for the venture or venture one for the SUB to pair with my venture X. Also going to PC my quicksilver to savor one

[@MarkReese]

Good luck if you decide to do it!

[@PurpleDrazi]

But . . . but . . . the signup bonus!! 😢 So, would you care to speculate as to why they didn't want to give you the SUB? Was the Venture X the last card you applied for (with CO)?

[@MarkReese]

No sign up bonus...but once I reminded myself of the rewards categories I was ok with it 😄 Here they are... - 10% Uber / Uber Eats (plus an Uber One membership) - both through 11.14.2022 - 8% Capital One Entertainment - 8% Vivid Seats purchases - 5% Hotels via Capital One Travel - 5% Rental Cars via Capital One Travel - 3% Dining - 3% Entertainment - 3% Popular Streaming Services - 3% Grocery Stores - 1% Other Purchases Yes, the C1VX was the last C1 card I applied for.

[@biancas808]

Thanks for making this video. I immediately applied for the Savor One after watching it and I was approved. I wanted this card for a while but was afraid to apply because I already had 2 cards.

[@JontheDon8812]

Did you get a welcome bonus?

[@biancas808]

@@JontheDon8812 nope, I froze my Experian. Got the same offer as Mark. They only pulled my Transunion

[@MarkReese]

@@biancas808 - Congrats on the approval, Bianca! 💳

[@tbird2006]

Well, it's decided then. Will garden for a year, and then try and add the Venture X to my Quicksilver and Savor (Savor is grandfathered in, I get 4% without the AF).

[@MarkReese]

Good plan. That no-fee Savor = big win 🏆💵

[@bosko8474]

I got 5 cards. 1 savor, 2 quicksilver, 1 Walmart , 1 platinum but they suck

[@MarkReese]

Thanks for sharing your data point!

[@kingsamvisuals]

I only have a quicksilver for 8 months. My history has been good and they emailed me the pre approved offer without sign up bonus. I think they just aren’t bothering with the bonus to cut costs. Sucks.

[@MarkReese]

Ah that's frustrating. Thanks for sharing your data point.

[@ChipsChallenge95]

I have a platinum, a quicksilver, and a venture card. I only asked for the platinum a few years ago, they just kept offering me new cards. I’ll take a new card as long as there’s no hard pull or annual fee.

[@MarkReese]

Nice!

[@ChristopherczarSmith]

I have 3, savor one, Quicksilver, and venture one. Hoping to get venture X next year

[@MarkReese]

Awesome! 💯

[@Leoprieto74]

🎶🎤Another One Bites the Dust,. Another One Bites the Dust! 🎶🎤 I will love to see where you store (wallets) your almost 50 cards. Congrats brother, cheers 🍻!!!

[@MarkReese]

Cheers!

[@pursedelighted8313]

Capital one is a crappy card every time have asked for an increase they offer me another card and I already have 3.smh

[@MarkReese]

Frustrating 😕

[@axl6670]

mane i honestly have to reconsider my opinion on capital one, since i recently applied and got approved for a credit limit of $5,000 and with no relationship with the bank whatsoever while my secured bank of america card of 8 months where i bank everyday still cant qualify me to graduate the card😂😂

[@MarkReese]

Congrats on the approval!

[@axl6670]

@@MarkReese thanks 😊

[@williamlinden732]

Because of your video, I decided to go for this too. Got the exact same offer that you received, but had unfroze all of my credit bureaus. Oh well, still went for it, it will benefit me in the long run. I am a AU on my wife's SavorOne, so I wonder if that is why I didn't get the SUB. I did get the 0% AF for 15 mos, then the 28+ rate. I have Venture X, Wal-Mart, Quicksilver and now SavorOne.

[@MarkReese]

Thanks for the data points, William! Enjoy the new card 💯

[@mashmash7877]

28.49% interest, I thought Canada had problems up here 19.9% is a standard interest rate on a credit card

[@MarkReese]

😁

[@mashmash7877]

@MarkReese I noticed your comment making it sound like a shity economy is normal. I bet you vote Democrat. Give your head a shake. Up here in Canada were all rooting for Donald Trump we can't stand your current president

[@Kingdom_Finance]

I talked to a rep and they said their was no limit. But that person was from overseas so they may not have known what they were talking about.

[@MarkReese]

I sure hope that's accurate! 😁

[@redheadfred7763]

Great video Mark! Is the Savor One a metal card like the Savor? The Savor is my favorite card in my wallet!

[@AdamBA380]

SavorOne is plastic

[@MarkReese]

Great that you've got the Savor Card! The SavorOne is plastic.

[@annemarie5273]

The Savour One comes in a metal card too

[@MarkReese]

Hmm I haven't seen that. Is yours metal?

[@devonmaska6149]

Congrats. I currently have 3 cards with Capital One but all cobranded cards. I've had about 5 or 6 cards with Capital One because most of my cards have been converted to Capital One or bought from a different creditor where it was converted from Capital One to another creditor. With one of my cards I applied for when it was issued by Capital One they only pulled one of my reports without having any reports frozen.

[@MarkReese]

Interesting data points above, thanks for sharing this!

[@benjaminwolf9801]

Looking to do the Savor One, Walmart, and Venture X. Just waiting another 4 months to apply for the VX.

[@MarkReese]

Awesome card setup 💵✈

[@jasmindavis4740]

I have 4 Capital One personal cards. I have the Quicksilver, SavorOne, venture, and the Platinum. I plan on getting the VentureX this fall.

[@MarkReese]

Awesome!

[@similienr]

I was surprised u accepted it without the intro bonus, i know u love ur bonus. I would ve accepted it too if i already got hit with the hard pulls

[@MarkReese]

Yeah there's a small tinge of disappointment, but then I reminded myself about the rewards categories and all was good again 👊 - 10% Uber / Uber Eats (plus an Uber One membership) - both through 11.14.2024 - 8% Capital One Entertainment - 8% Vivid Seats purchases - 5% Hotels via Capital One Travel - 5% Rental Cars via Capital One Travel - 3% Dining - 3% Entertainment - 3% Popular Streaming Services - 3% Grocery Stores - 1% Other Purchases Ridiculous 🏆

[@Phillylima]

Thanks for this. I was racking my brain on how to get rid of a card to get the venture x. Now when it’s time I’ll apply and try my luck too. But no way I’m accepting without a SUB on the VX 😂

[@MarkReese]

Good luck!

[@Cgage]

Tell us how it's goes. I'm waiting a few more months before i can apply for a new Capitol One card and it will be my 3rd personal card as well.

[@Gilboa1985]

i got the Venture one, Quicksilver, and Venture X ... so it works for more than 2 personal cards for sure

[@MarkReese]

Awesome! 💯

[@floodercw]

Always love to watch someone applying credit cards with fun reaction 🤣🤣🤣 Congrats on the approval

[@MarkReese]

Glad you enjoyed it! 💥

[@barcelonadgreates]

His smile to look of confusion was 😂 gotta love C1 never know what u gonna get! Lol

[@godzillamc9780]

I got hit with the same counter offer for savor one 2 years ago the same way without intro bonus. It can be Experian but I doubt it. I did not lock all 3 before I applied. Congrats.

[@MarkReese]

Thanks for sharing your data point!

[@swaz2797]

I have the quick silver and the savor but when i tired to open the venture x, I got denied the reason was i had maximum cards.

[@MarkReese]

Interesting. Perhaps they apply their internal rules on a case-by-case basis.

[@swaz2797]

@@MarkReese maybe idk, I hope I can get it in a few more months

[@FrankyAlvrz]

Same here

[@soildsoul4587]

you didn't want them to see you churning lol

[@MarkReese]

😂

[@njpme]

10k is good for Capital One. I've moved on from them since they have my credit limit at $2k for like 7 years.

[@MarkReese]

Did you request credit limit increases? Or just wait?

[@njpme]

@@MarkReese I requested it. I eventually moved on and just got other high limits elsewhere. I still use it because it's my oldest account.

[@LoveClassicMusic0205]

Capital One seems to be really stingy when it comes to increasing credit lines. I started out with $10,000. I applied twice for an increase (no hard pull) and was declined both times. I tried a third time and they eventually gave me an extra $1,000 on my account. I haven't tried again. Citibank is very generous in giving more credit as long as your account is in good standing.

[@feesm3932]

I have 4 capital one cards 2 quick silver 1 savor card 1 venture card

[@MarkReese]

Awesome! Thanks for the data point.

[@michaelfoland2007]

With a $10k, I would be smashing that Accept offer! I have 5 Capital One Cards. I have 4 Personal and I have a Spark Card! The only two bad things about Capital One are the bucketing system, and the Business showing on the Personal Credit.

[@MarkReese]

Thanks for sharing your data points, Michael!

[@michaelfoland2007]

@@MarkReese You are very welcome :) Keep up the great content!!

[@j.r.1426]

I have two capital one card. They were my first card. One is 21 yrs old and one is 19 years old. They were starter cards

[@MarkReese]

Fantastic credit age right there! 🏆 Are you getting close to that 850 score?

[@josuemejia771]

Next myth to test out if the cap 1 sparks card still reports to you personal credit report. I’m in the market for another business card, And I’ve checked out multiple websites and each of they say something different.

[@jeremymoore450]

Capital one is only reporting the spark classic to personal credit now. They have changed on what bureaus they report to now. I would call and ask them to be sure. But it should only be business credit now.

[@MarkReese]

That'd be an interesting test!

[@ogronp277]

I have 4...Platinum, Quicksilver One, Venture One, & Savor One

[@MarkReese]

🏆

[@ctcristo]

I have 3 cap 1 cards myself. First two from 10 years ago. Third is Venture X

[@MarkReese]

Awesome! Thanks for sharing this!

[@curmudgeonextraordinaire1884]

Wow almost 30% APR. Are you sure to didn’t apply for a Credit One card instead 😂

[@MarkReese]

Haha Capital One SavorOne...issued by Credit One 😂

[@ammooth1592]

Now I know not to freeze 🥶 all my credit bureau's. When applying, for credit 💳 cards 🤝

[@MarkReese]

Other people in the comments have mentioned they too froze their reports but did get approved with a bonus.

[@MrIronHex]

Thanks & congrats Mark! Just got the SO a month ago. Wondering if I can apply for the capital one spark classic business card or if I should wait. Thoughts?

[@MarkReese]

Congrats on your approval! Historically, it's been said Capital One requires 6 months between credit card applications. I don't know if that's still enforced (or if at all). I'd search around for recent data points on blogs / forums.

[@williamcordero91]

I have 4. Walmart, Savorone, another savor one, and a QuickSilver.

[@MarkReese]

Legit! 💳💳💳💳

[@Ryan31310]

Currently Quicksilver and Venture one and just approved for venture x

[@MarkReese]

Congrats! 🏆👊 Thanks for sharing your data point, too!

[@rosettejones5050]

No...I have had this offer without SUB in my cap1 account for quite some time. I want the bonus. I have quicksilver upgraded without inquiry...from platinum😎😃💲💳

[@MarkReese]

Nice upgrade! 🏆

[@Th33Vultur3]

I just got approved for the Savor One card but at a $500 limit. Since its no annual fee, I will keep it open. The 1x more on the Savor is not worth it for me at dining, entertainment and streaming at that $95 annual fee. When I use up the cap on both the Amex EveryDay and the Blue Cash Everyday, this would be also good since its unlimited at supermarkets. With dining, I have the Chase Freedom Unlimited at 3x and the Amex Green card at 3x and 3x on the Savor One once again, so having this card at no annual fee and 3x on dining is another option and its a Mastercard whether the other two are Visa and Amex. Plus both Savor cards are no foreign transaction fees. I saw on MaxRewards and it says also runs on Visa. I dunno how true that is. I doubt that though.

[@MarkReese]

The Capital One SavorOne can be a great card to have! Some current Capital One cards that naw run on the Mastercard network used to be Visa cards in years past 👍

[@critter777]

Thank you, good video.

[@MarkReese]

💯👍

[@MenschFeind04]

Thats the "For Good Credit" version

[@MarkReese]

Looks that way 👍

[@oleopathic]

Cap1 also countered me with a SavorOne without a welcome bonus. Yet all my CRAs were unfrozen, unlike Mark's. No, I dont think that Mark was denied the $200 welcome bonus because his Experian was frozen. Also, his FICO was higher than mine by a bit. If I had to guess. Cap1 is doing a bait-and-switch now during the recession. They need to get more customers but because the banking sector is crashing they want to hold back bleeding out welcome bonuses. Sneaky, sneaky Cap1.

[@MarkReese]

Who knows. Other people have commented that they did receive an approval + welcome offer with their reports unfrozen ✌️

[@oleopathic]

@@MarkReese Cap1 is odd in this respect. For each instance of getting a denial for a new card, I would call them. I would ask: "what happened? My fico is sound. My history is prestine. Your denial letter is ambiguous in its denial reason. Please explain." The scripted reply is always: "it's all algorithmic. I don't know. Go call the CRAs." So they pass the buck to the computer server and to the CRAs. Pretty lazy. I think the customer service really has no access to, what appears to be, "privileged info". So they really never know how to help you with thr denial. It's a shame that the cap1 management and stakeholders chose this non-transparent route. :(

[@hernandezwalter8308]

I applied for Venture X with Experian frozen and was approved for 15K with SUB after watching this video. I don’t think you being ineligible for SUB wasn’t a function of you freezing Experian but of something else.

[@MarkReese]

Awesome, congrats Hernandez! 🏆 Thank you for sharing your data point, too. Really helpful.

[@Wankidy]

Thanks. I just applied for this car. I have been earning 1.5% for too long. 3% sounds better

[@MarkReese]

Congrats on the approval, Daniel! 💯

[@anthonysmith3593]

I got a mail offer one day for the quick silver and figured why not filled everything out hit the submit button but got denied was supposed to get a letter as to why I was denied in the mail never did but got approved for an AmEx plat the same day. Been trying to figure that out for a year now.

[@MarkReese]

Bummer, but congrats on that Amex Platinum approval!

[@louishansen3900]

I froze my transunion and applied for a second one and was approved

[@MarkReese]

Awesome, congrats & thanks for sharing your data point! 💯

[@amh424]

Why do you have both the Venture and Venture X cards? Is it worth it to have both if your paying 2 annual fees with considerable benefits overlap between the two?

[@MarkReese]

I was just holding onto the Venture in order to get first-hand experience with it & to compare to the Venture X. That way I can make videos with real screenshots of the dashboard, portal, etc. in videos like my Capital One Lounge Tour video, the Venture vs. Venture X comparison video, etc. From a rewards / benefits perspective, it doesn't make sense to carry both.

[@michaelfoland2007]

I have a total of personal and 1 business. I actually had to close a 5th credit card with them to actually open the business card.

[@MarkReese]

What do you mean by, "I have a total of personal..."?

[@michaelfoland2007]

@@MarkReese Oopsie. I meant to say that I had 4 Personal Credit Cards and 1 Business Credit Card from Capital One. To get the Business Capital One, I had a 5th Personal Card that I had to close.

[@michaelfoland2007]

@@MarkReese P.S. I love your Watch Me Apply videos! Have you tried Truist? I just got approved for $10k on the business side with them today!

[@MarkReese]

@@michaelfoland2007 - Congrats! Haven't attempted Truist yet.

[@AskSamPugh]

Thank you for the content mark 🔥🔥.

[@MarkReese]

You bet, Sam! 👊

[@Patt_NY]

I have 4 C1. Quicksilver, Venture X, SavorOne and Spark Business.

[@MarkReese]

Legit! 💯

[@simoncquach]

Cap One is the worst for for people with good credit. I had a card with them with a $500 CL for 5 years & they would never increase my CL. So I closed all my accts with them.

[@MarkReese]

Ah that's frustrating!

[@mitchell.9632]

What reason(s) did the give you for the denial of the credit limit increase?

[@simoncquach]

@@mitchell.9632 they said because I wasn't using it enough. I told them how if my limit was so low.