Pre-approved or prequalified means your credit score and other financial information matched with the initial eligibility criteria required to become a cardholder.
If you are searching for how to prequalify for a Capital One credit card then you are in the right place. There are two ways through which you can prequalify for a Capital One credit card.
The first to prequalify include banks themselves going to the credit bureaus to find out the information about potential customers and if you are among that potential customers, Capital One write to you and ask that you apply for a credit card.
The second way to prequalify is to visit the Capital One pre-approve webpage and fill in the required information and agree to the terms and conditions before submitting the form.
In this article, we will discuss both methods for Prequalifying Capital One Credit Cards successfully. Let’s see in detail.
How to Prequalify for a Capital One Credit Card?
Follow the below steps to prequalify for a Capital One credit card:
Step 1: To prequalify for a Capital One credit card, go to the Capital One credit card pre-approved web page.
Step 2: After that, you will be directed to the next page where you will be required to fill in information like the first name, last name, birth date, email address, residential address, Social Security Number, phone number. Also, you have to select your employment status.
Step 4: After that, rate your credit level based on whether it is excellent, average, or rebuilding.
Step 5: By checking the confirm that you have reviewed and agree to the terms and conditions.
Step 6: Finally, click on “See If I’m Pre-Approved”.
After submission of the form within 2 days, they will provide you with the most recent results.
Does Pre-Approval Affect Your Credit Score?
Pre-approval for Capital One does not affect your credit score. It is a soft inquiry to find whether you are eligible for a particular card or not. The inquiry for information will be a part of your credit report, but it has no impact on your credit rating.
Once you have completed the application for a credit card, Capital One will get the liberty to do a hard inquiry on your credit history.
When Should You Apply for A Capital One Credit Card?
When a notification is sent to you in the mail that you are pre-qualified for a Capital One credit card then you can fill in the application form.
So, what you are waiting for? Visit the Capital One website and fill in the pre-approval application form and wait for the pre-approval notification to arrive in the mail.
If you have any problem regarding Capital One Credit card you can visit their official website here given https://www.capitalone.com.
For more details or want to see some other card information reach us on our official website Wealthcoaster.com.