How Does Capital One Determine Your Credit Level?

Last Updated: 8/8/2010

Capital One has a table on their website with guidelines for how they determine an individual’s credit worthiness—-which in turn impacts which card offers you are eligible for. Normally, GetDebit would just link to the table on the Capital One site and be done with it, but as it’s a non-linkable pop-up, for your convenience we’ve summed up the table below.  Note that CapitalOne doesn’t provide specific credit score ranges, but they may still use these in their final assessment.

CapitalOne Credit Level Guidelines
Credit Level Guidelines
Excellent
  • Have had loan or credit card for at least 5 years
  • Credit card with limit of $10K or more
  • Never more than 60 days late on credit card, medical bill, or loan payment
  • Never declared bankruptcy
Good
  • Have had loan or credit card for at least 3 years
  • Credit card with limit of $5K or more
  • Never more than 60 days late on credit card, medical bill, or loan payment
  • Never declared bankruptcy
Average
  • Have or have had a credit card or US loan
  • Credit limit of less than $5K
  • May have been late on more than one credit card, medical bill, or loan payment in last 6 months
Limited Credit History
  • Have valid credit score with at least one of the major credit bureaus
  • Have had credit card for < 3 years or never had one
  • Have limited credit history: examples include being a student, new to the country, etc.

Capital One also notes that the above are not the only factors used in determined your eligibility for specific credit card offers.

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