Re: CapOne Quicksilver 20k->30k.

Iamien · ‎10-12-2015

Cap one keeps being generous to me. Despite having 46k income they have bumped me 10k from 20k to 30k.

As I've stated before possible contributing reason is that I run 25-30k of business expenses through them each month, all $5 transactions. They are likely making bank off of me as a customer.

733 TU (08/21/2013)
Amex BCE($20,000): 3% Groceries - 2% Gas - 2% Department Stores
US Bank Cash+($9,500): 5% Fast Food - 5% Cellphones - 2% Resteraunts
Chase Freedom($4000): 5% Rotating
CapOne QuickSilver($30,000): 1.5% Everything
Citi Double Cash($12,500): 2% Everything.
Lowes($2,400) 5% off Lowes.

NRB525 · ‎10-12-2015

5,000 transactions a month? wow, yeah, the swipe fees are keeping the lights on at Capital One

Silly question, but why aren't you using Venture instead of QS?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

Iamien · ‎10-12-2015

Protip on $5 transactions the actual cash-back is 1.6%. Yay Rounding up.

As for why not P.C. to Venture. This arrangement was originally supposed to be short-term but then the company's bank was unable to support the fraud whitelisting on 5000+ transactions a month so we are using my personal card.

733 TU (08/21/2013)
Amex BCE($20,000): 3% Groceries - 2% Gas - 2% Department Stores
US Bank Cash+($9,500): 5% Fast Food - 5% Cellphones - 2% Resteraunts
Chase Freedom($4000): 5% Rotating
CapOne QuickSilver($30,000): 1.5% Everything
Citi Double Cash($12,500): 2% Everything.
Lowes($2,400) 5% off Lowes.

Creditaddict · ‎10-12-2015

No, Why aren't you using Citi Double Cash!? you start pushing that much through Citi and they will SP CLI you also or take a HP for manual CLI and ask for $30k, they will counter.

Iamien · ‎10-12-2015

I use the Double cash for personal things. I know i'm missing out on 0.4%(1.5% rounded on $5 transactions is 1.6%) but Transitioning from one or the other will be too much headache as far as having intermingled personal/business finances.

Also, CapOne has never asked the proverbial elephant in the room(330k spending a yr on 46k income) and made me disclose the spending as business expenses. I am afraided if i have to recon a CLI there would be no way to avoid disclosing that i'm breaking their terms of service.

733 TU (08/21/2013)
Amex BCE($20,000): 3% Groceries - 2% Gas - 2% Department Stores
US Bank Cash+($9,500): 5% Fast Food - 5% Cellphones - 2% Resteraunts
Chase Freedom($4000): 5% Rotating
CapOne QuickSilver($30,000): 1.5% Everything
Citi Double Cash($12,500): 2% Everything.
Lowes($2,400) 5% off Lowes.

Creditaddict · ‎10-12-2015

@Iamien wrote:
I use the Double cash for personal things. I know i'm missing out on 0.4%(1.5% rounded on $5 transactions is 1.6%) but Transitioning from one or the other will be too much headache as far as having intermingled personal/business finances.

Since Cap1 loves you so much and you are already using something that reports to your personal credit, I would apply for the Spark Cash, it has $500 bonus AND 2% back on everything!

Anonymous · ‎10-12-2015

Wow, what could you possible need to buy, for a biz, which can only be bought $5 at a time? domains??

Anonymous · ‎10-12-2015

@Creditaddict wrote:
@Iamien wrote:
I use the Double cash for personal things. I know i'm missing out on 0.4%(1.5% rounded on $5 transactions is 1.6%) but Transitioning from one or the other will be too much headache as far as having intermingled personal/business finances.
Since Cap1 loves you so much and you are already using something that reports to your personal credit, I would apply for the Spark Cash, it has $500 bonus AND 2% back on everything!

+1

Iamien · ‎10-12-2015

@Anonymous wrote:
Wow, what could you possible need to buy, for a biz, which can only be bought $5 at a time? domains??

Craigslist ads for car dealers.

733 TU (08/21/2013)
Amex BCE($20,000): 3% Groceries - 2% Gas - 2% Department Stores
US Bank Cash+($9,500): 5% Fast Food - 5% Cellphones - 2% Resteraunts
Chase Freedom($4000): 5% Rotating
CapOne QuickSilver($30,000): 1.5% Everything
Citi Double Cash($12,500): 2% Everything.
Lowes($2,400) 5% off Lowes.

Anonymous · ‎10-12-2015

Congrats!!!

CapOne Quicksilver 20k->30k.

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CapOne Quicksilver 20k->30k.