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Capital One will try to provide a decision within 60 seconds of completing the online application. If additional information is needed, however, the application process can take 7 to 10 business days.
Yes, for those with fair credit (580 to 669). While it doesn't offer cash back rewards, it has no annual fee and reports payments to all three credit bureaus.
Capital One does report payments to all 3 credit bureaus (Equifax, Experian and TransUnion). With on-time payments, your credit score an improve.
Capital One does attempt to provide a decision within 60 seconds, but there is no guarantee. A decision could take as long as 7 to 10 business days.
No. It is a traditional credit card, not a secured card.
Yes. Our research has uncovered numerous individuals discharged from Chapter 7 bankruptcy who have qualified for the card.
Aim for a score of 570 or higher. While Capital One does not disclose a minimum score requirement, this card is designed for those with fair or average credit.
The minimum credit limit is $300, however, users have reported starting limits as high as $1,000, $1,500 and even $3,000.