adiaudi1211 wrote:Thank you for the reply. I just checked my credit score on credit karma and its 634, it was 717 last year. I have a high balance on my credit cards. I was wondering what is a good cc i can apply for balance transfer?
Two things: First, CreditKarma is an ok website for some purposes, but the score they give you is a fake score, not the real FICO score that lenders will use. So the CreditKarma score is an estimate at best, and often it isn't a good estimate. So be extremely careful about relying on CreditKarma too much.
Second, nobody can tell you if you'll get approved for the CapitalOne card (or any other card). With more information, (e.g., anything bad on your report? Bankrupcies? ChargeOffs? Do you have a long credit history) people can guess a bit. But nobody really knows.
For a balance transfer the CapOne card is fine. The Chase Slate balance transfer card is also really nice because Chase doesn't charge a balance transfer fee. The Citi Simplicity is also good for balance transfers.
You mentioned a 634 CreditKarma score. While I don't trust CreditKarma, that is a fairly low score and it may make it hard to get another card.
Also: Regarding CapOne. If you go to their website, you'll notice they have cards for "average" credit and for "good credit." If you apply for CapOne, be sure to apply for the category that fits you. More info is at their website. Otherwise you waste an application. Now, if you apply for "average credit" you'll get a card with a pretty low credit limit. ("Average" is a bit of a euphemism for "kinda bad"). However, a low limit is better than a flat out rejection, so do apply for the card that fits your situation.
Also, with CapOne and all lenders: The marketing stuff they send you in the mail is just that -- its no guarantee of approval. Its essentially an advertisement -- surely they want to target the ad to people who are likely to be approved, but its something of a hit or miss situation.