The Ultimate Guide to Credit Cards
Wednesday, November 25, 2020

Capital One® Pre-Approval Cards? – (4 Secrets to Pre-Qualifying)

Capital One Pre Approval Pre Qualify

credit card advice

Ashley Dull
By: Ashley Dull
Updated: October 28, 2019
Advertiser Disclosure

On my 18th birthday, my mailbox became flooded with “pre-qualified” credit card offers from various issuers trying to get me to sign up for one of their cards. I didn’t necessarily know what pre-qualified meant at the time, but I sure knew what a credit card was, and that I wanted one.

Pre-qualified simply meant the issuer (Capital One, Chase, Discover, etc.) had identified that I met a set of qualifying criteria for approval. Issuers find this information by working with credit bureaus to look at your credit reports, or by setting a requirement, such as a minimum credit score, and requesting a list of consumers who meet the requirement.

Maybe you’ve received an offer in the mail from Capital One, or maybe you’re interested in their popular rewards cards and would like see if you’re already approved. Let’s take a look at the four secrets you should know about Capital One pre-approval (pre-qualify):

Apply | 60-Second Form | Getting Denied | Opt Out of Mail

1. Know Immediately by Applying for the Card You Want

If you prefer a solid “yes” or “no” answer from the issuer straight away, you should choose the card you want and apply for it directly. Below are the top-rated Capital One offers as reviewed by our expert staff. Simply click the “Apply Now” button to go to a card’s official online application.

Good Credit | Fair or Limited Credit | Small Business

Best Capital One Cards for “Good Credit” (700+ Credit Score)

Having a good credit score means that you qualify for the very best rewards and interest rates — that’s how banks choose to reward borrowers who’ve exemplified they know how to manage credit well. Here are the top cards Capital One offers to applicants with good credit:

EXPERT'S RATING
★★★★★
4.9
OVERALL RATING
4.9/5.0
  • Earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✔®
  • Redeem on travel—from vacation rentals to car rentals and more. Plus transfer your miles to over 10+ travel loyalty programs
  • No foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.24% - 24.49% (Variable)
$95
Excellent, Good
EXPERT'S RATING
★★★★★
4.8
OVERALL RATING
4.8/5.0
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 10+ travel loyalty programs
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 months
N/A
15.49% - 25.49% (Variable)
$0
Excellent, Good
EXPERT'S RATING
★★★★★
4.8
OVERALL RATING
4.8/5.0
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49%-25.49% variable APR after that
  • Pay no annual fee or foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 15 months
N/A
15.49% - 25.49% (Variable)
$0
Excellent, Good

Capital One® Savor® Cash Rewards Credit Card

This card is currently not available.

Capital One® Rating
★★★★★
N/A
OVERALL RATING
N/A
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
N/A
N/A
N/A

+ See more offers for good credit

Best Capital One Cards for “Fair or Limited Credit” (Credit Score < 700)

Even with a lack of a solid credit history, you can earn rewards similar to those offered by cards for good credit applicants, but you’ll pay more for them in the form of interest. This means, when possible, you should pay your balance in full each month to avoid paying interest altogether. Of course that holds true for all cards, and doing so will help build your credit score up faster than if you keep a balance and only make the minimum payment each month.

Here are the top cards for those who lack a lengthy, positive credit history:

FAIR CREDIT RATING
★★★★★
4.8
OVERALL RATING
4.5/5.0
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Earn cash rewards without signing up for rotating categories
  • Be automatically considered for a higher credit line in as little as 6 months
  • Monitor your credit profile with the CreditWise® app, free for everyone
  • $0 fraud liability if your card is ever lost or stolen
  • No limit to how much cash back you can earn, and cash back doesn't expire for the life of the account
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
26.99% (Variable)
$39
Average, Fair, Limited
FAIR CREDIT RATING
★★★★★
4.8
OVERALL RATING
3.8/5.0
  • Pay no annual fee
  • Be automatically considered for a higher credit line in as little as 6 months
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier. Just hover your card over a contactless reader, wait for the confirmation, and you're all set.
  • Pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
26.99% (Variable)
$0
Average, Fair, Limited
FAIR CREDIT RATING
★★★★★
4.5
OVERALL RATING
4.2/5.0
  • Earn 1% cash back on all your purchases. Pay on time to boost your cash back to a total of 1.25% for that month
  • Earn $5 per month for 12 months on Select Streaming Subscriptions when you pay on time. *Exclusions Apply
  • Enjoy no annual fee and no foreign transaction fees
  • You can help build your credit with responsible use of a card like this
  • Pick the monthly due date that works best for you
  • Be automatically considered for a higher credit line in as little as 6 months
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
26.99% (Variable)
$0
Average, Fair, Limited

+ See more offers for fair credit

Best Capital One Cards for “Small Business”

Besides offering a wide variety of consumer cards, Capital One also serves the financing needs of small businesses with its selection of business-only cash back and air miles cards. Below are our top choices from the issuer’s small business credit card offers

Capital One® Spark® Cash for Business

This card is currently not available.

Business Rating
★★★★★
N/A
OVERALL RATING
N/A
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
N/A
N/A
N/A

Capital One® Spark® Miles Select for Business

This card is currently not available.

Business Rating
★★★★★
N/A
OVERALL RATING
N/A
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
N/A
N/A
N/A

Capital One® Spark® Classic for Business

This card is currently not available.

Business Rating
★★★★★
N/A
OVERALL RATING
N/A
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
N/A
N/A
N/A

+ See more offers for businesses

2. Capital One Has a 60-Second Pre-Qualify Form

Capital One makes finding out if you’re pre-approved super easy. By entering your name, address, date of birth, last four digits of your Social Security number, and selecting your credit level and the card benefit most important to you, Capital One will let you know if you’re pre-qualified in as soon as 60 seconds via the Capital One pre-qualification form.

Screenshot of Capital One Pre-Qualify Questionnaire

By entering your personal identifying information, you’ll know if you’re pre-qualified in less than a minute.

There’s no harm in seeing if you’re pre-qualified because it will not affect your credit score. You’ll then be presented with a list of offers you’re pre-approved for based on the information you entered.

See if you pre-qualify with Capital One here

However, being pre-qualified does not guarantee approval. The only way you’ll know if you’re approved for sure is by applying for a specific card above. Other factors, such as your income and how much debt you have, can still make or break a credit issuer’s lending decision.

3. Getting Denied Doesn’t Mean You’re Denied (Huh?)

Just as pre-qualifying doesn’t guarantee approval, not pre-qualifying doesn’t guarantee denial. Approval comes down to a few key factors, such as credit score, income, debt, and of course your history with credit cards. The pre-qualification process does not, nor can it, look at all of these factors without your consent, which is why all credit card applications require you to agree to a credit check, which will appear as an inquiry on your credit report.

But if you know your poor credit history and perhaps previous misuse of a credit card (maxing it out, missing payments, defaulting altogether) is what’s holding you back from being approved for a Capital One card, that doesn’t necessarily mean you won’t be approved for any credit card at all — there are still plenty of highly-rated credit cards for bad credit available, some even with cash back rewards.

When you use the card responsibly (making on-time payments and keeping a low credit utilization ratio), you can eventually work your way to a better credit score and perhaps even your favorite Capital One card. And those on-time payments and maintaining a low credit-to-debt ratio are two of the most important factors credit bureaus consider when calculating your credit score.

 4. Opt Out of Pre-Qualification Offers

Once you select the card you want, apply, and are approved, that doesn’t mean the pre-qualification offers will end — oh no, my friend, it’s never that easy. I used to receive so many offers in both my inbox and mailbox each week from so-and-so bank to the point where I eventually Googled a way to figure out how to make it stop. Granted, it’s not exactly the worst problem to have, clearly there was something within my credit profile that lenders liked.

But if you’re like me and considered these offers “junk mail” and threw them in the trash, or just clicked the “Delete” button, you can opt out online here. Or, you can call:

1-888-5-OPT-OUT (1-888-567-8688).

Just think of all the trees you might be saving, let alone your own peace of mind.

So, What’s in Your Wallet?

While the 18-year-old me initially loved the idea of getting credit card offers in the mail, it didn’t take long before I decided to take my credit card search online. And believe me, I’m better off for it.

If you’ve made a similar decision, hopefully this guide will help you better navigate the road to pre-approval with Capital One and the issuer’s many great credit card offers. Unlike most other issuers, Capital One offers a fairly straightforward pre-qualification process, making it that much easier to apply for and receive the rewarding credit card you’ve been looking for.

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation from many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across the site (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.