Credit Cards

Capital One approval

  • Last Updated:
  • Aug 15th, 2017 10:10 am
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[OP]
Jr. Member
Mar 17, 2012
104 posts
8 upvotes
Eastern Ontario

Capital One approval

We were approved for a capital one guaranteed MC. The approval didn't say anything about security--just that the card would arrive in 7-10 days. Does that mean no deposit is necessary?
4 replies
Deal Addict
Sep 28, 2006
2047 posts
337 upvotes
Downtown Toronto
yeah you're good, probably will get a $300, $500 of if you are lucky a $1000 start credit line.
Sr. Member
User avatar
Jan 18, 2015
919 posts
613 upvotes
Cornwall, ON
I would cross my fingers, but don't be surprised if you get a letter requesting funds first. When I got my secured card approved, and when I got my Unsecured card approved, it looked identical until I got it in the mail. But that was years ago...Still, you're more likely to get an unsecured card than not most of the time, or one with just a very small deposit like $75 for $300 CL. Capital One can be generous with approvals for small unsecured lines though, so I wouldn't be surprised.
My NoAF CB Combo:
  1. 4% (Restaurants)/1.5% (Various) Simplii
  2. 3% (Grocery) BMO CB MC
  3. 3% (Cell Phone)/1% (OTHER Non-Amex) Chatr
  4. 2% Tang
  5. 1.25% Amex SC
[OP]
Jr. Member
Mar 17, 2012
104 posts
8 upvotes
Eastern Ontario
They are regular Gold Mastercard with $1000 limit so we were told.
Sr. Member
User avatar
Jan 18, 2015
919 posts
613 upvotes
Cornwall, ON
momofmen wrote: They are regular Gold Mastercard with $1000 limit so we were told.
Well congrats! Always when in doubt, I just call them lol. They seem to start a lot of people off with the $1k. It's an excellent credit builder.
My NoAF CB Combo:
  1. 4% (Restaurants)/1.5% (Various) Simplii
  2. 3% (Grocery) BMO CB MC
  3. 3% (Cell Phone)/1% (OTHER Non-Amex) Chatr
  4. 2% Tang
  5. 1.25% Amex SC

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