Capital One Platinum upgraded to QuickSilver

Anonymous · ‎12-08-2017

Capital One just invited me to upgrade my Platinum to a QuickSilver. I called to verify and this is the one without the annual fee. They did it as a PC so it sounds like everything will remain the same except I'll have a 1.5% rewards card. The only problem is, I was just approved for the Citi Double Cash which has slighly better rewards. It's just kind of hard to turn down rewards and no AF. Now the race to see who gives me a bigger CLI faster....... Cap1 just gave me a CLI on my Platinum $500 to $850 so I'm curious what's going to happen when I activate the QuickSilver.

Anonymous · ‎12-08-2017

Something I didn't ask is if the upgrade is a MC or Visa. Their website shows the QS as a Visa but they said my account number would stay the same. I'm wondering if this is a QS MC that is only available as an upgrade? All the website says is if your CL is less than $5,000 you get a regular Visa (not the siggy). When I asked about the AF they clearly said there was no AF as I didn't want to have to pay the $39 AF. I guess I'll find out what I get when it shows up in the mail.

Anonymous · ‎12-08-2017

Congrats on the upgrade!

If its anything like when I recieved my upgrade then you'll get the Mastercard version. I had a Platinum Mastercard with a 500 SL. When I upgraded they sent me a Quicksilver Mastercard edition. It had the same CL. They didnt bump it up or anything. I recieved my standard credit steps increase and was at 750 for a while. On my statements it say Quicksilver Platinum Mastercard.

Anonymous · ‎12-09-2017

@Anonymous wrote:
Something I didn't ask is if the upgrade is a MC or Visa. Their website shows the QS as a Visa but they said my account number would stay the same. I'm wondering if this is a QS MC that is only available as an upgrade? All the website says is if your CL is less than $5,000 you get a regular Visa (not the siggy). When I asked about the AF they clearly said there was no AF as I didn't want to have to pay the $39 AF. I guess I'll find out what I get when it shows up in the mail.

Congrats on the upgrade! It will be a MC. You'd have to apply for the Visa.

SomewhereIn505 · ‎12-09-2017

Ask if your APR will change. Mine did which I PC from Platinum to QS. I still was on credit steps and had a low limit. But I ran a lot through that card, made multiple payments. Instead of getting the promised $250 steps CLI, I received $500 steps increase.

I’ve expanded the cards I carry and have now QS and QS1 in the SD for emergencies. Planning on merging the accounts once QS1 ages to 6 months/complete its steps program.

3/16/18 FICO9 TU-700 EQ-669 EX-716
6/26/18 FICO9 TU-750, EQ-672, EX-789

UncleB · ‎12-09-2017

@SomewhereIn505 wrote:
Ask if your APR will change. Mine did which I PC from Platinum to QS. I still was on credit steps and had a low limit. But I ran a lot through that card, made multiple payments. Instead of getting the promised $250 steps CLI, I received $500 steps increase.

I’ve expanded the cards I carry and have now QS and QS1 in the SD for emergencies. Planning on merging the accounts once QS1 ages to 6 months/complete its steps program.

What were your before and after rates?

This is the first I've ever heard of an APR change with Capital One due to a PC (other than a temporary reduction offer).

HeavenOhio · ‎12-09-2017

I've never heard of an APR change either. Generally, the only thing that changes is the rewards structure. The exception is if one is lucky enough to upgrade a QuicksilverOne. In that case, the annual fee disappears too.