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If you have a good to excellent credit score you’re a great candidate for the Capital One Venture. You probably have your eye on the Capital One Venture Rewards Credit Card because it earns 2x miles on every purchase, and comes with a 50,000 miles bonus after you spend $5,000 on purchases within the first 3 months of account opening. Although Capital One recommends having an excellent credit score, your credit might be less than perfect. You should never apply for a new credit score with a low credit score, or without knowing your credit score first. In the post below I’ll lay out the Capital One Venture credit score needed for approval.

Learn more: Capital One® Venture® Rewards Credit Card

Learn more: Capital One® VentureOne® Rewards Credit Card

A FICO credit score above 700 is considered good, but scores in the 600's still offer options for travel reward credit cards.
A FICO credit score above 700 is considered good, but scores in the 600’s still offer options for travel reward credit cards.

What is Good to Excellent Credit Score?

Capital One defines good to excellent credit as:

  • Never declaring bankruptcy or defaulting on a loan
  • Not more than 60 days late on credit card, loan, or medical bill in the past year
  • Had a loan or credit card for 3 years or more with a credit limit above $5,000

If you meet these three conditions, your Capital One Venture approval odds are very high.

Having good to excellent credit means your credit score is at least 700.

When your credit score is higher than 700, you can apply for the Capital One® Venture® Rewards Credit Card.

What Others Are Saying about Capital One Venture Credit Score

Should you apply for the Capital One Venture if you don’t have a 720 credit score? Below are a few experiences from applicants without a 720 credit score.

Easims states, “I applied for the Venture card with a 628 TU (TransUnion) score and a 705 EQ (Equifax) score. I was not accepted immediately but after a short phone call to Capital One customer service…I was accepted for the card and given a $15,000 credit limit!”

Nirrol Smith says, “When I applied my Transunion score on Credit Karma was showing 714 and Equifax 715 and I was instantly approved for a $12,000 limit.

An anonymous cardholder says, “Approved for a surprisingly high credit limit at 30k. I have a 730 FICO and 110k income.”

For one final reference, RJEngle said, “Applied and instant approval. I did do the preapproval on Capital One’s website before applying. Just a year and a half ago I was denied for this card. Happy to finally qualify FICO 8 scores: TransUnion: 706, Equifax: 775, Experian: 700.”

Credit Card Score Needed For the Capital One Venture

Based on the user testimonials, at least one of your credit scores needs to be at least 700. Applicants with a score of at least 750 appear to have the best chances at instant approval. When your credit score is between 700 and 750, your approval odds increase greatly if it’s at the higher end of the spectrum.

So you don’t waste a card application because your credit score is right around 700, you might see if you can get preapproved for the Capital One® Venture® Rewards Credit Card first. Capital One may have even taken the initiative to send you a mail offer stating you’re pre-approved.

If your card application isn’t instantly approved, you should call Capital One if you don’t receive a decision within 48 hours. Many credit card companies delay applications of candidates with borderline credit. To help them decide sooner instead of later, you can call the company and tell them your projected monthly spending.

Chase Sapphire vs. Capital One Venture comparison

Capital One Venture Credit Limit

Your new credit limit will depend on your credit profile. Since the Capital One Venture is a Visa Signature card, your minimum credit limit will be $5,000.

Well-qualified applicants mentioned their credit limit was as high as $30,000. Other applicants with credit scores between 700 and 750 were assigned limits of at least $10,000. Getting the highest credit limit possible keeps your credit utilization ratio lower to help increase your score too.

Capital One Venture Card Benefits

If you qualify for the Capital One® Venture® Rewards Credit Card, you will enjoy the following benefits:

    • 2x miles on every $1 spent
    • Earn 10x miles on Hotels.com purchases
    • Redeem miles for travel statement credits and future award travel
    • Receive up to $100 application fee credit for Global Entry or TSA PreCheck
    • $95 annual fee that is waived the first year

With the 10x Hotels.com bonus, your Capital One Venture miles are basically a 20% bonus. You earn 10x miles on every Hotels.com purchase, plus every 11th night is free through Hotels.com.

As a new cardmember bonus, you can earn 50,000 bonus miles after spending $3,000 in the first three months. This bonus is worth $500 in award travel, plus the 2x purchase rewards you earn from your regular purchase rewards for 56,000 miles total on your first $3,000 spent. These miles are worth $560 in award travel.

Hotels.com 10x Points

Redeeming Capital One Venture Miles

With the Capital One® Venture® Rewards Credit Card, there are no blackout dates. Capital One also recently announced that Capital One Venture Rewards cardholders (as well as Capital One® VentureOne® Rewards Credit Card, Capital One® Spark® Miles for Business, and Capital One® Spark® Miles Select for Business cardholders) can now transfer their miles to over a dozen travel loyalty programs. Your miles won’t expire as long as the account is open. There is no limit on how many miles you can earn.

You can use your miles to purchase all or part of a travel purchase. There aren’t any redemption minimums. If you make a $500 hotel purchase, you can use your miles balance for the entire purchase or for a portion.

The same can be said for small in-flight purchases for only a few dollars. Where other rewards cards have a minimum $20 redemption requirement, the Venture card is extremely flexible.

What to do if You Don’t Qualify for the Capital One Venture

If your credit score is still in the 600s, you might consider applying for the Capital One® VentureOne® Rewards Credit Card instead.

You only need average credit for the VentureOne and it can be a better event if you experience these credit events:

  • Defaulted on a loan in the past five years
  • Owned a credit card or other credit for three years or less

The VentureOne earns 1.25x miles on every dollar spent and doesn’t have an annual fee. Although you won’t be earning as many miles per dollar, you can still own a Venture product and build your credit history.

Once your score goes above the 700 range you can consider the upgrading to the Venture Card and begin earning 2x miles on every dollar spent.

What Credit Score Is Needed For the Capital One Venture Card Summary

So what credit score is needed for the Capital One Venture Card? You should only apply when your credit score is at least 700, and preferably 750 or higher. Once you qualify for the Venture Card, you’ll begin earning 2x rewards miles on every purchase. If you must wait until your credit score grows, the VentureOne is a great secondary option.

Learn more: Capital One® Venture® Rewards Credit Card

Learn more: Capital One® VentureOne® Rewards Credit Card

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Johnny Jet Editorial

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Capital One Venture Credit Score Needed for Approval?
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