Yes,Capital One may approve you again for a credit card account, depending on your credit history, your income, and any potential debt you might have. Capital One will likely deny your application if you have a non-discharged bankruptcy on your credit report, a past-due or recently charged-off Capital One credit card account, or a Capital One card with a balance above your credit limit.
In fact, Capital One offers several second chance credit cards like the Capital One Platinum Secured Credit Card. Another good option would be the Capital One Quicksilver Secured Cash Rewards Credit Card that offers 1.5 - 5% cash back on purchases.
Getting Approved for Multiple Capital One Credit Cards
Getting approved for more than one Capital One credit card is possible, as there is no predefined number of cards you can have at a time with this issuer. However, approval would be based on your overall credit standing.
Keep in mind, though, that you should wait six months to one year between credit card applications. Applying for a credit card triggershard inquirieswhich can lead to a slight dip in your credit score, especially when you apply repeatedly within a short period of time.
This answer was last updated on 01/09/24 and it was first published on 05/31/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
