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Frequent Contributor
Posts: 470
Registered: ‎03-20-2014
0

Capital One Upgrade it or close

My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?
Starting Score:TU:791(Dec3), EX:783, EQ:000
Current Score: TU:786(Aug9), EX:776, EQ:782 (Aug8)
Goal Score:820 across all boards






If all pork chops were perfect, we wouldn't have hot dogs! -Steven Universe
Moderator
Posts: 27,943
Registered: ‎12-13-2013
0

Re: Capital One Upgrade it or close


LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I would try to get the upgrade to the QS with no AF, the 3K is not necessarily the top limit of the card in fact that limit should get you the no AF QS.


EX Fico 08 Bankcard 08/16: 811 (+7) EX Fico 8; 783 (0)
TU Fico 8 08/16: 777(-3)
EQ Fico 8 08/16; 778 (0)
Mega Contributor
Posts: 17,101
Registered: ‎08-08-2011
0

Re: Capital One Upgrade it or close

I would upgrade! Cap1 has started to do all right for a lot of people with CLI.

Discover IT $16.5k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $9.5k / Walmart Mastercard $8k / Blispay $7.5k PayPal Ex MC $6.1k
CareCredit $5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $3.95k / Citi DC (WMC) $5.7k
Gardening Date 7/01/16 / MyFico 08: EQ 729 / TU 724 / EX 750 / 7/12/15
Frequent Contributor
Posts: 432
Registered: ‎05-31-2013
0

Re: Capital One Upgrade it or close

I would definitely keep it open. A 3k limit still isn't too bad as compared to others who have stalled at 1k or even less. Do a PC to QS and then try a CLI via the EO. Any CLI's or attempts at one will usually be a SP anyway so it won't be like you're wasting hard pulls for no growth. I don't mind my Quicksilver and the extra .5% on general spend can add up to a few more bucks by the end of the year.

Valued Contributor
Posts: 2,123
Registered: ‎01-12-2014
0

Re: Capital One Upgrade it or close


LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I know it seems ridiculous to have to email for basic customer service, but IMO it is worth that one last shot before closing.  There is NO way to tell what mood Crapital One will be in on any given day.  Like you, I am getting really sick of having to bend over backwards to deal with them but I do intend to give them one last chance before closing my cards at AF time.

 

You have nothing to loose beyond the time it takes to type the email and you never know...  The stars might align and their magic 8-ball might tell them to value you as a customer that day.  Stranger things have happened.


Established Contributor
Posts: 557
Registered: ‎04-05-2013
0

Re: Capital One Upgrade it or close


LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I think that depends, on how much you put on the card and how often you use the card.

Frequent Contributor
Posts: 470
Registered: ‎03-20-2014
0

Re: Capital One Upgrade it or close

AF ? I put charges on the card very sparingly maybe every other month.
Starting Score:TU:791(Dec3), EX:783, EQ:000
Current Score: TU:786(Aug9), EX:776, EQ:782 (Aug8)
Goal Score:820 across all boards






If all pork chops were perfect, we wouldn't have hot dogs! -Steven Universe
Established Contributor
Posts: 557
Registered: ‎04-05-2013
0

Re: Capital One Upgrade it or close


LShawn08 wrote:
AF ? I put charges on the card very sparingly maybe every other month.

I am not a Capital One fan~ specially when they pull all 3 credit reports when I apply for one of their credit cards.

I will avoid Cappital One even if they send me 100s of invitations beside, there are plenty cards out there to apply for that only pull one credit report in lieu of all 3.

Go for other cards instead.

Moderator
Posts: 8,435
Registered: ‎08-12-2013
0

Re: Capital One Upgrade it or close

You should ask to PC to the QuickSilver and at least make it a more useful card.   And it wouldn't hurt to also go for a CLI.  If the frontline CSRs or the website isn't helpful, contact the EO.  There's a ton of threads on the boards about the Cap One EO and how to get the email.  




Start: 619 (TU08, 9/2013) | Current: 773 (TU08, 8/26/16)
Sam's Club MC $25000 | AMEX BCE $20400 | Sallie Mae WMC $16500 | Cap 1 QS VS $10750 | Care Credit $10200 | BofA BBR #1 $10100 | Discover IT $8500 | Marvel MC $8000 | Citi DC $8000 | JCP $8000 | Amazon Store $8000 | US Bank Cash+ VS $7500 | Blispay $7500 | BofA BBR #2 $7000 | Cap 1 QS WMC $5750 | Macy's Store $5400 | Sony Card $4250 | Macy's AMEX $3500 | Gold Violin $3050 | CU Visa $2500 | Target $1900 | Costco Anywhere $1700 | ~~Gardening Since 8/29/16
Moderator
Posts: 9,515
Registered: ‎09-22-2012
0

Re: Capital One Upgrade it or close

How old is it? I closed out quite a few Cap1 cards because of lack of CLI. Reflecting on that, I might as well have left them open since there was no AF.

I wouldnt upgrade to QS1 or Quicksilver if you barely use it, unless theyre giving you the Quicksilver with no AF. Go out and get a nice Amex Fidelity and get more bang for your buck.

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