Cap one Venture dropping Apr

Anonymous · ‎12-10-2015

So over the past month I've carried a balance with my Venture card and was curious if anyone has had any luck with cap one lowering the interest rate. I have spent 10-12k on a my card before and always pif but life through me some curve balls and my balance will have to wait to be pif this time around. Anyone have recommendations or ideas on how I can smooth cap one over please let me know. Thanks!

steelers1 · ‎12-11-2015

I made a large purchase in July of this year for around $4,500

I called Cap One and told them that I wanted to use their card but I didn't want to pay 20.9% int.

They gave me 90 days @ 0%

It wouldn't hurt if you called and gave it a try

baller4life · ‎12-11-2015

Yes they are good about temporary rate reductions. Give them a call.

Anonymous · ‎12-11-2015

@baller4life wrote:
Yes they are good about temporary rate reductions. Give them a call.

+1

OmarGB9 · ‎12-11-2015

As baller said, they do offer temporary reductions from time to time, but never usually permanent ones.

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Anonymous · ‎01-04-2016

Well I got the reduction but not what I was hoping for. 15% for 7months. On the plus side they did upgrade my other account cap platinum to cap one quicksilver.

Anonymous · ‎01-04-2016

Also, what are the typical starting limits on the quicksilver? My platinum was $1800 and my Venture is $15k. Should I expect an increase since I upgraded?

gdale6 · ‎01-04-2016

@Anonymous wrote:
Also, what are the typical starting limits on the quicksilver? My platinum was $1800 and my Venture is $15k. Should I expect an increase since I upgraded?

Do not expect a CLI on the Platinum to QS upgrade it has most likely invalidated the account for any CLI until 6 months have passed from the date of upgrade. Its never going to product limits like an outright QS approved card would. As for SLs someone else will have to answer that or you can check out the credit pulls database to see what people are getting.

Anonymous · ‎01-04-2016

I see well I'll give it try after a few billing cycles go by i just figured I'd have a better chance with a CLI on the quicksilver since they stopped increasing my now old cap platinum card.