Posted by William Charles on November 14, 2018
Credit Cards

Published on November 14th, 2018 | by William Charles

28

Applying For Capital One Credit Cards With A Frozen Credit Report

I imagine a lot of readers are applying for Capital One credit cards because of the announcement that miles will be transferable to airline partners at a 2:1.5 rate sometime in December and because of the following increased bonuses:

One of the downsides to applying for a Capital One card is that they pull your credit report from all three nationwide consumer reporting agencies (Equifax, Experian & TransUnion). Our advice in general has been that it’s possible to freeze one or more of these reports and still get approved. I thought it would be useful to collect some information/datapoints on what has/hasn’t been working.

Keep in mind just because you’re application has been denied, it does not mean it was denied due to a frozen report. If you are denied you’ll receive a notice of adverse action, this will state the denial reason. If it’s for something like a frozen report it will state something such as:

Based on your credit report from <Experian/TransUnion/Equifax>, credit bureau information is missing or unavailable

Another common denial reason is:

Based on your credit report from <Experian/TransUnion/Equifax>, there are too many new accounts

For the purposes of this post we are only interested in your data point if you received the first (information is missing) denial reason. The second reason has to do with new accounts and is talked about here.  Onto the data points:

  • Frozen Experian:
    • Approved: 1
    • Denied: 1, 2, 3,
  • Frozen TransUnion:
    • Denied: 1,

Note there are also some older data points found in this post.



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Ryan
Ryan

I had EXP and TU frozen. Denial stated both were unavailable as the reason for denial and nothing else. Still got the hard pull on EQ though…

NinjaX
NinjaX

u cant do both. u need to leave TU open.

chinagel
chinagel

i froze my experian and they refuse to unfreeze it unless i mail in a long list of documents… which they’ll obviously claim thy never received…

alvinroast
alvinroast

That really sucks. It happened to me a couple of years ago. Since I really wanted it unfrozen quickly I signed up for their paid service and they happily unfroze my credit report. Then I promptly canceled my paid service. It was worth $10-15 to me, but I felt really dirty paying their extortion fee.

Bottom line: the quickest way to unfreeze is to pay up.

SamSimon
SamSimon

I lifted the freeze 15 times within 1 year. Free and fast! Within 20 minutes sometimes (officially they say within 24 hours)! Via their official website page I lifted on my own, and few times I had to call Experian… NY state!

Cardsforacause
Cardsforacause

I had my Equifax and Transunion frozen. I applied in the morning yesterday and it was denied. Called backdoor number and they asked me to wait until I receive physical letter. Later in evening i removed the freeze on all and applied again. This time as well no luck and my scores are above 800 across.

Chuck

Yeah, definitely can’t have 2 frozen.

Tony
Tony

Denial DP:
Froze Experian, applied for VentureOne in August 2018, declined for the exact first denial reason (Experian is missing).
Hope this helps!

The Man
The Man

In my experience, having one bureau frozen no longer works.

Josh
Josh

I had TU frozen the other day applying for the Savor on recommendation from DOC’s other article on the topic (sigh). Was denied due to that reason and AAOC of 2 years 9 months

SP
SP

Approved for Venture with Experian frozen yesterday

CC
CC

Just not worth trying to freeze one report and get two other pulled as the risk of being denied due to one report being frozen for those who go for a Cap1 card. Otherwise you will end up with 5 HP’s once you find this out vs. 3 it would of been originally. Risk/Reward I suppose for some

Jordan
Jordan

When I got denied for having Experian frozen, I unfroze it and called them. They only pulled Experian on the recon, so 1 pull for each bureau total.

NinjaX
NinjaX

so u only had EXP frozen and u still got denied for frozen report? when was this? also, did u get approved after getting HP on all 3?

Jordan
Jordan

Applied for the Spark Cash with frozen Experian. Denied with the “credit bureau information is missing or unavailable” line. Unfroze Experian and called them. They pulled Experian and approved me a week or two later.

NinjaX
NinjaX

sounds like this was recent? so i guess Cap1 now really needs all 3? cant freeze even 1.

Sam
Sam

What I think would be interesting is how reliable are the Cap1 prequals.
https://www.doctorofcredit.com/view-personalized-credit-card-offers/
If you’re pre-approved/pre-qualified for a Cap1 card, is it likely they’ll give you the card?
If you’re not pre-approved/pre-qualified for a Cap1 card, is it likely they’ll reject you?
My experience is yes to both, and that the Cap1 pre-qual page is a pretty strong indicator one way or the other (which can’t be said for many other issuers). It would be good to have DPs for this.

Russ
Russ

Also worth noting that CrapOne business card balances will show up on your personal credit report even if you apply with a corp/llc and EIN.

warren trout
warren trout

Idiots at Capital One didn’t even bother to instruct me on how to unfreeze the reports for them. Guess they don’t want my 830 FICO business .

They should get a job at a government agency. They’d be good at getting nothing done

Carmen Jefferson
Carmen Jefferson

Where do I apply

Matt P
Matt P

Keep in mind that Cap One is the inverse of all the other major credit card issuers. The higher your score, the more likely you will be denied. They want subprime borrowers who carry balances. They sue those in default more than all of the other banks combined.

They will approve some prime borrowers to keep their portfolio a little nicer, but mostly only those without many other cards open. If you have been in the game for a while, you are basically begging for 3 hard pulls for nothing. You want to get Cap one cards early in your churning life then forget about them.

Ivan
Ivan

Do you get a commission if we use your links? I’d like to help since I read your blog daily and it has helped a bunch!

jason
jason

denied with 835 FICO. 10 new accounts but 2-3 are auto/mortgage. Did not get a pre qualified offer…was shown “average” credit card offers only such as Qs1 and Plat. CreditWise showed average under new accounts for 10 or more accounts. only 3-4 inquiries – mostly auto/mortgage. I have a feeling that if either inquiries or accounts shows as ‘average’ on TU creditwise report (free as a Capital One customer), you will not get approved. I will wait the 7-10 days and try to recon somehow…

kraghav82
kraghav82

Hello. Need an information. Any datapoint on only freezing TU (have 6 already) and applying for a credit card? I live in IL.

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