r/CapitalOne

I’ve seen a few ppl get interviews so i’m just trying to figure out what scores ppl are getting on the OA to move onto the powerday

i think the range i’ve seen so far is 540-600 so im trying to figure out if the cutoff is lower than that?

I opened two cards a little bit over a year ago. Capital One and Discover. Both were secured cards with $200 deposit and got a credit limit of 200. My credit score was around 570-600 at the time and as of today it's about 700-740.

- Capital One Quicksilver cash back card. I use the card all the time, pretty much anytime when I make a purchase it would be my credit card and rarely use my debit for any transactions. The first six months I would hit the limit(200) once or twice and I would pay it off in full before the statement gets sent over to the credit bureau so I could use it again. After about 6 months, I got my security deposit back and got an increase to $500.

With Discover it's been a different story.... after about 6 months I got my security deposit back ($200) but they did not give me a credit increase. I asked for an increase at the time and they declined because of some late payments from years ago when I wasn't "all there". I asked for an increase another time and got the same result and they sent me a mail with the reasons why and it's pretty much the same. I'm so confused at why would Capital One give me an increase and they didn't with Discover? Each month was paid off in full and I never leave a balance on the card.

Am I doing something wrong here?

It's been about a year now and It's been pretty much the same. I would use all my purchases with Capital One and Discover. Every time I reach the limit I would make a payment and then I would be able to purchase again with the card. **(Awesome feature with Capital One is that as soon as I make the payment, I am able to use the card immediately, the amount I paid is instantly counted towards the balance and funds are available instantly)

So what am I doing wrong?

Should I be leaving some sort of balance each month so it shows utilization?
Is it okay if I reach my limit and then pay it off and use it again and then right before it get's sent to the credit bureau I would pay it off in full.

What would be best to be able to get the maximum credit limit?

Thank you in advance

Hello, I'll get right to it.

I have been doing my research on CapitalOne, but it always leads to various complains of the customer service and what not. I am 20, have no loans, no debt, and in college. The places in my city offer loans to start showing a good history with payment deadlines but not any kind of beginner cards. I know it will sound like a joke, but not my parents, nor extended family have any experience with building credit so its just me figuring this all out.

I know everyone says CapitalOne is good for college students as well, would it be best to start an account, build credit to "Good" or "Fair", then change to a local place? Since I have read most of the complains start after staying for years.

Thank you in advance to anyone who replies

I want to present an example of how I was able to maximize rewards . I used 55,600 miles to cover a recent travel purchase . Had I converted to cash , it was 230 dollars . For the above transaction I will get a credit of 556 dollars instead .

Probably would have been even more with transfer partners.

I am simply presenting this as an example for those who ask about the value of points / cash vs travel redemption .

I messed up and tried to make multiple payments to my cc acct and it became restricted to verify my paying accounts. I sent in my statement and they called back today. I missed the call and the phone number they provided was not the capital one number. I called the capital one number on the card and spoke to the fraud department who told me send in another verif of the account because they needed to verify the entire account number, statement only has last 4 of the acct number. I sent it in and the person stated that they have the document but will call me from another number to verify that this is my phone number that I'm calling them from and then for me to call my bank to verify.

This felt sketch and I told them I'll just wait the 1-10 business days for them to review the document again and hung up. Is this normal?

Hi first time owner of a credit card and first time paying in miles and first time renting a car…. I’m trying to figure out if I’m supposed to pay any more money after I booked my rental with miles from capital one I booked it through Thrifty car rental with the capital one venture card
I work for a moving truck rental place I’m just not sure how Thrifty works because it’s different I don’t want to show up thinking it’s paid for and then have to give them a $500 deposit that frankly I don’t have but every time I call they tell me something different.

Does anyone here have experience with this?

Hi, my credit is in the low 500’s however i’m trying to build it back up in the meantime. I only have one other credit card with SELF which has a limit if $550. I keep receiving things from capital one about a credit card with them but I’m not sure what kind of credit card i should apply for or if i would be approved. Any advice or suggestions?

I’m posting this because I’m at a loss with Capital One and I’m curious if anyone else has dealt with something similar.

I had a Capital One Venture X with roughly 500,000 Capital One miles accumulated on the account.

In March, I started transferring my points to Japan Airlines via their transfer bonus, so that I could book some business class flights.

CapitalOne then said they needed some additional verifications (Passport, Drivers License) and locked my account.

I submitted the documents weeks after (Had to get a new Drivers License due to damage), and CapitalOne rejected ALL documents, and said they can't share why. I uploaded 5+ times, mailed in physical photocopies of license, passport, and SSN, and they only said we can't verify this.

In June, CapitalOne closed the account entirely and said they can't give me the rewards because it's under fraud.

Today, I call CapitalOne to complain again and now that the account is closed, they can live verify me by texting me a 6 digit code, and the account is no longer locked?? I called 20+ times and nobody was able to live verify until now when the account is closed?

I've already spent a significant amount of time on the phone trying to get an answer.

Has anyone had Capital One close an account with a large rewards balance? Please help, I'm at a loss on what to do :(

I’m looking for advice because I’m extremely frustrated with Capital One and don’t know what else to do.
I have three charges from SQ Lab on my Capital One account:
$125
$250
$300
That’s $675 total, and I did not make or authorize any of these purchases. I did not order anything from SQ Lab.
I contacted SQ Lab directly, and they told me they could not find any order associated with me. I then contacted Capital One and reported the charges as unauthorized. However, Capital One is refusing to give me a credit/refund because they are saying the transactions were made using a card from my digital wallet, so they are treating them as authorized.
I’m confused because I did not make these purchases, and the merchant itself says they cannot find an order from me.
Has anyone dealt with something similar with Capital One? What steps did you take after Capital One denied your fraud dispute? Should I escalate this to someone else or file a complaint?
I would really appreciate any advice or suggestions. I just want to recover the $675 that was taken from my account for purchases I never made.

To get credit limit increase on cards i am using it 80-90% (capital one savor )and payoff them in full but my credit is getting hit every time they get billed because of utilization is 80-90%.
What to do in this case ?

So I've been trying to get a hold of C1 because the 5% quartely on the Discover It card is transportation, including airfares. But as it turns, although some agents said it did, booking through C1 travel does not count as airfare? I guess it partly makes sense since it is a travel agency, but they do make differences on whether it's a hotel or a flight for 1% or 5% whenever it is not the quarterly category.

I'm in general disappointed, you would think C1 is coherent with C1.

I’ve always wanted to go to Japan, Austria, and the UK, but idk how I properly convert my rewards points into travel/airline miles and want to make sure I fully utilize them to the fullest extent.

Any help would be great!