Does Capital One QuicksilverOne Do a Hard Pull? (2024)

FAQs

Does Capital One QuicksilverOne Do a Hard Pull? ›

No, Capital One does not do a hard pull for credit limit increases. They will conduct a soft pull on your credit report, which does not hurt your score.

Once you choose the Capital One card you're interested in applying for, you can begin the credit card application process by answering a few more short questions. Unlike pre-approval, applying typically results in a hard credit check, which can temporarily affect your credit scores.

The Capital One Quicksilver Card is hard to get because it requires at least good credit for approval (a credit score of at least 700 is recommended), and you need excellent credit to get the best initial bonus. You also need a steady income to qualify for the Capital One Quicksilver card.

The credit score you need for the Capital One QuicksilverOne card is 640 or higher. The Capital One QuicksilverOne card is also available to people with no credit or limited credit history, so you may be able to get approved even if you have less than 3 years of experience.

Which Credit Bureau Does Capital One Use? Capital One appears to pull from any of the three major credit bureaus: Experian, Equifax and TransUnion.

Quicksilver vs. QuicksilverOne: What's the difference? While you'll typically need excellent credit to get approved for a Quicksilver card, QuicksilverOne is available for people with fair credit. You'll still earn unlimited 1.5% cash back on every purchase but there's a higher APR.

The Capital One Quicksilver credit limit depends on your income, creditworthiness and payment history, which are evaluated once you apply for the card. According to anecdotal reports, the card's credit limit can be as low as $750 and as high as $10,000.

Capital One credit cards for fair credit include QuicksilverOne, Quicksilver Secured, and the Platinum Mastercard. Your credit score is only one of the many factors that determine your credit approval odds. The best way to know if you'll qualify is to get pre-approved. It's quick, easy and won't hurt your score.

Your monthly income needs to be at least $425 more than your monthly rent or mortgage payment to get the Capital One Quicksilver Cash Rewards for Good Credit card, according to Capital One. The higher your income is above the minimum, the more likely you are to be approved.

Your Capital One Quicksilver application could have been denied for various reasons. Most commonly, applications get denied because of a low credit score, insufficient income, or too much debt.

Which one is better capital one platinum or quicksilver? ›

The Capital One Platinum doesn't offer any rewards for spending, so the QuicksilverOne wins in this category. The QuicksilverOne lets you earn an unlimited 1.5 percent cash back on all of your purchases, which is a solid rewards rate for a credit card for fair credit.

You can upgrade your Capital One QuicksilverOne card to the Capital One Quicksilver Cash Rewards Credit Card by submitting a request over the phone at (800) 227-4825. Alternatively, you can upgrade your credit card by accepting an online or mail offer.

The Capital One Quicksilver Cash Rewards Credit Card is a good option if you value the simplicity of earning a flat rate on all your purchases. You'll get 1.5% cash back on nearly every purchase, without a bunch of bonus categories to remember or spending limits to keep track of.

The Capital One Quicksilver (see Rates & Fees) credit score requirement is 700+, which means you need good to excellent credit to get this card. Capital One will also consider your income and debt among others when making approval decisions for the Capital One Quicksilver card.

Yes, anytime you apply for a Capital One credit card it results in a hard inquiry on your credit report. Keep in mind that a hard pull may result in a small temporary decrease in your credit score. Your score may also drop a bit when you get approved and open your account, but that's only temporary as well.

The Capital One cards issued in partnership with Visa and Mastercard include Venture X Rewards, Venture Rewards, VentureOne Rewards, Quicksilver Rewards and SavorOne Rewards. Both Visa and Mastercard are widely accepted by retailers worldwide. Discover and American Express are also credit card networks.

Yes, the Capital One Quicksilver Cash Rewards Credit Card builds credit, since Capital One reports your account information to all three major credit bureaus each month. Making on-time payments and keeping your balance low will improve your score.

The Capital One Quicksilver (see Rates & Fees) credit score requirement is 700+, which means you need good to excellent credit to get this card. Capital One will also consider your income and debt among others when making approval decisions for the Capital One Quicksilver (see Rates & Fees) card.

Capital One Venture X Rewards Credit Card

A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The Capital One Venture X Rewards Credit Card is hard to get because it requires excellent credit for approval and charges an annual fee of $395.