FAQs
Finally, from a product standpoint, Capital One also has less to offer than many other big-name banks. The bank offers no mortgages, home equity loans or personal loans. There are also no investment or retirement account options.
What credit score is needed for a Capital One credit card? ›
You need a credit score of 700 or higher (good to excellent credit) to get the best Capital One credit card offers. Other options are also available for people with lower scores, as it is possible to get approved for Capital One credit card with limited credit history or a bad credit score.
How trustworthy is Capital One? ›
Capital One 360 Overall Rating
Feature | Personal Finance Insider rating (out of 5) |
---|
Banking | 4.5 |
Credit Cards | 2.38 to 5 |
Trustworthiness | 4 |
Total score | 4 |
Jul 23, 2024
What is the easiest Capital One card to get? ›
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.
What is the Capital One bank scandal? ›
On July 19, 2019, we determined that an outside individual gained unauthorized access and obtained certain types of personal information about Capital One credit card customers and individuals who had applied for our credit card products. This occurred on March 22 and 23, 2019.
Is Capital One safe from collapse? ›
Your money is safe at Capital One
Capital One, N.A., is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency.
Why is it so hard to get a Capital One credit card? ›
Some Capital One credit cards are hard to get because they require at least good credit, which means you need a credit score of 700+ for good approval odds. Other Capital One credit cards are easier for people with lower credit scores to get approved for, so it's important to choose wisely.
What is the hardest credit card to get from Capital One? ›
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. You get a lot in return, though.
What is the lowest credit limit for Capital One? ›
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.
Is Capital One or Chase better? ›
So, if you prefer higher savings rates and lower fees on your banking accounts, then Capital One might be your choice. However, if you want to keep all your money in one place, and like the option of in-person banking you might want to consider Chase.
The 2024 stress-test found that the value of Capital One's credit card portfolio could fall by 23.2 percent in a severe adverse scenario (4.5 percent higher than its 2023 stress-test estimate of a 22.2 percent decline).
How safe is Capital One Bank right now? ›
It also has Federal Deposit Insurance Corp. (FDIC) insurance, so deposits are safe up to the legal limit. High APYs: Capital One offers above-average APYs on its checking accounts, savings accounts and CDs. Lots of ATMs: Account holders have access to 70,000 fee-free ATMs across the country.
Which card is better Quicksilver or Capital One? ›
The Quicksilver card is geared toward people with excellent credit. The Capital One Platinum Credit Card does not have rewards or bonuses, but it comes with higher odds of approval for people with fair credit. The Quicksilver card has lower interest rates than the Platinum card.
Is Capital One hard to get approved? ›
It is not very hard to get a Capital One credit card because Capital One offers cards for people with bad credit, no credit, or better. As long as you meet a Capital One card's credit score requirement and you have a steady income, you should have a good chance of being approved.
Which bank approves a credit card easily? ›
Comparing the easiest cards to get
Card Name | Annual fee | FICO score required |
---|
Bank of America® Unlimited Cash Rewards Secured credit card | $0 | No credit history |
Capital One Platinum Secured Credit Card | $0 | No credit history |
Indigo® Mastercard® | $0-$99 depending on creditworthiness | 300 to 670 |
Capital One Platinum Credit Card | $0 | 580 to 740 |
3 more rowsJun 28, 2024
What is the disadvantage of capital? ›
Disadvantages of Capital Investment
An intensive capital investment can affect the earning growth of the company in the short term and this is unpleasant for the public stockholders of the company. To gain the capital investment issuing additional shares, might reduce the value of the shares.
Can I trust Capital One with my money? ›
(FDIC) insurance, so deposits are safe up to the legal limit. High APYs: Capital One offers above-average APYs on its checking accounts, savings accounts and CDs.
Is Capital One a good card to have? ›
Capital One credit cards are popular for good reason: Its offerings run the gamut from cash back to travel rewards to cards aimed at small businesses. A common thread among all Capital One cards is that there are no foreign transaction fees, making a Capital One card a solid traveling companion abroad.