There’s an interesting Reddit report from wiivile that Capital One now has an option within their signup process to change the offer for those not qualified for the regular landing page offer. The system will pop up with a message stating that you aren’t eligible for the offer requested, but you can get a low credit limit, higher APR, and…wait for it…no signup bonus.
Reader Matthew got this with a Spark business card and the other report is with a personal Venture card; seems to affect all. It’s not clear if this new pop up is showing for those who previously would have been approved, or if they are indeed expanding to approve more people by making this offer with no bonus. Ostensibly, if your credit isn’t as good, you are a greater risk and aren’t ‘worth’ the signup bonus.
You can view the full image here.
