Does an inquiry from Cap One count as 3 hard pulls or just 1?

For just about anything you want to get off your chest about credit cards.
8 posts

Centurion Member
Centurion Member
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sun May 19, 2013 9:40 pm

It's one inquiry on all three major bureaus. So it's 3 inquiries. But only one on each bureau.

Why? Not sure. It's just their policy.

The key there in what you said is "if you can get something better". In that case you are right. But when people are rebuilding or starting out they often can't get something better. And for a starter/rebuilder card, honestly Cap One is fine. But as you said when you can move on, do it and don't look back at their starters - they pretty much expect you to do that.

Venture is actually a decent card. Harder to get than CSP and Amex from what I've read. The card itself is not that bad, their customer service is a big time joke though, even for the Venture and higher end cards. It's a lot of untrained script readers who seem to use a Magic 8 ball to randomly select answers to questions they can't find in their script. But their higher end cards are honestly decent and I hear they've loosened up with the CLIs on those recently if you contact their Executive Office for help.

Platinum Member
Platinum Member
Posts: 79
Joined: Mon Jan 25, 2010 12:10 am
Location: South Carolina

Postby KrazyNick » Sun May 19, 2013 10:10 pm

Yeah 3 inquires. Not fun, Chase usually does 2 but Capital One is the only one Ive heard of doing all 3!
Bank of America Travel Rewards Visa Signature - 5k (2/10)
Capital One Mastercard- 2.5k (1/11)
Chase Freedom- 5k (4/11)
Discover It- 3k (5/11)
Chase Amazon Visa- 2k (5/13)
American Express Blue Cash Everyday- 8k (5/13)

Bank of America WorldPoints Rewards for Business- 18k (11/11)

Centurion Member
Centurion Member
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sun May 19, 2013 10:18 pm

Amex is also known to pull multiple if you are borderline for approval. And yeah Nick is right - Chase pulled 2 for me for CSP (EX and TU). I guess that's normal now. They used to pull one. Given that CSP has been my dream card for some time, I'd have been glad to let them pull all 3 for it.

Platinum Member
Platinum Member
Posts: 53
Joined: Sun Mar 03, 2013 2:46 pm
Location: Nebraska

Postby credit_card_fonz » Sun May 19, 2013 10:25 pm

It really doesn't make sense to me, Capital One will pull all three reports for a secured card, but anyone who is legally able to get a credit card can get their secured card. From what I've heard, people with credit scores of 620 or less have been able to get the low tier cash rewards card and they are all too happy to put something with a $39 Annual Fee in your hands, so why the 3 pulls?

Centurion Member
Centurion Member
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sun May 19, 2013 10:33 pm

We can only guess, but as we know, one bureau can have different information than another has. For example you may be "clean" on EX but not on EQ. You probably also have a different number of inquiries on each bureau. Cap One is actually inquiry sensitive, at least on their non-starter cards.

For the low end cards, I think possibly the rationale may include letting everyone know you've been seeking credit on all 3. But only they know if that's valid at all or not.

It's a hell of a price to pay for a card with a limit of 500 to start and 750 then nothing ever again, granted, but if you are in the position it makes sense to get that card, then it's a small price to pay in the long run to move on to better. By the time you can get better the inquiries won't hurt you anymore.

User avatar
Centurion Member
Centurion Member
Posts: 195
Joined: Mon Oct 29, 2012 2:50 pm
Location: Boston

Postby Calipso » Mon May 20, 2013 2:33 pm

Avoid Capital One if you don't like useless INQ's on each file.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

Centurion Member
Centurion Member
Posts: 532
Joined: Thu Jan 17, 2013 7:20 pm
Location: United States

Postby Sevenfeet » Mon May 20, 2013 4:01 pm

Not all creditors notify all three bureaus. Most credit card companies certainly do, but I remember student loans I used to have that would show up on one bureau's report but not others. So a few credit card companies pull multiples to make sure they didn't miss anything (at an increased cost to them...and eventually you).
American Express Platinum (NPSL)
Penfed Platinum Reward Visa ($28K)
Chase Freedom Visa ($25K)
Fidelity American Express ($20K)
American Express Blue Cash Preferred ($20K)
Bank of America Cash Rewards MasterCard ($20K)
Citi Thank You Preferred Visa ($9.5K)
Chase Sapphire Preferred ($7.5K)
US Bank Cash + Visa Signature ($7K)
Discover IT ($4K)

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests