Cap One 1/6

Understanding the Cap One 1/6 rule:

This rule is specific to Capital One cards, so you cannot get 2 Capital One cards within 6 months of each other. This rule also includes Capital One business cards. There are other credit card rules that don’t include business cards, like Chase’s 5/24 rule. You can have as many business cards as you’d like, and they don’t count against your 5/24 status.

But for this rule, you cannot get one personal and one business Capital One card within 6 months. It’s a 1 card per 6 month policy, regardless of whether the cards are personal or business.

Important to know:

There has been chatter over the past couple years that Capital One has loosened its restrictions on this rule. Many of these credit card rules are not explicitly stated rules on each bank’s website or in their terms and conditions, including the most referenced rule in the points and miles world - Chase’s 5/24 rule. So it’s difficult to definitively say one way or another which ones are consistently enforced.

We have seen data points saying that this rule is not always enforced. There are instances when people have been approved for 2 Capital One cards within a 6 month period. We always recommend flexibility and having a backup plan when it comes to your credit card strategy, so if you want to test this rule out, go for it. Just make sure you have a backup plan in place in case of a denial.

About Approval Rules

Collecting credit card points is largely driven by understanding and abiding by bank rules regarding approval (or disapproval) of cards.  So here’s what you need to know:

• Approval rules are rarely fully publicized by the banks
• We use our own research and data points from other users in creating the rules listing
• Our goal in sharing/using the rule listings is to provide you guidance to avoid getting declined
• There can sometimes be exceptions to the rules, but we try to take a more cautious approach in advising you.