topic Re: CapitalOne QS1 Christmas Miracle in Credit Card Approvals

CapitalOne QS1 Christmas Miracle

ShreksBFF — Tue, 26 Dec 2023 14:01:12 GMT

My oldest card is my QS1, therefore I haven't canceled it. I know it stays on and ages but I still had hope that I'd be able to strip the $1,300 bucket with time.

Earlier this year I was able to pull a 1-200 CLI on it and that was all it had coming.

Until now... I woke up to an email saying I received a 4k auto-CLI for a new $5,300 limit.

Mind blown but happy to see it finally happen, now to hope for a product change opportunity.

Re: CapitalOne QS1 Christmas Miracle

CreditCuriosity — Tue, 26 Dec 2023 14:03:34 GMT

Congrats on a massive CLI from a bucketed Cap1 card. Able to PC to regular Quicksilver yet vs QS One?

Re: CapitalOne QS1 Christmas Miracle

JoeRockhead — Tue, 26 Dec 2023 14:07:47 GMT

Very nice, especially coming from Cap 1, congratulations!

Re: CapitalOne QS1 Christmas Miracle

ShreksBFF — Tue, 26 Dec 2023 14:08:04 GMT

@CreditCuriosity wrote:
Congrats on a massive CLI from a bucketed Cap1 card. Able to PC to regular Quicksilver yet vs QS One?

Nope, was the first thing I logged in and checked lol

Re: CapitalOne QS1 Christmas Miracle

Zoostation1 — Tue, 26 Dec 2023 16:16:57 GMT

Congrats on the CLI! How much spend if any are you putting on it (and if any spend is it reporting a balance?).

Re: CapitalOne QS1 Christmas Miracle

ShreksBFF — Tue, 26 Dec 2023 16:45:49 GMT

@Zoostation1 wrote:
Congrats on the CLI! How much spend if any are you putting on it (and if any spend is it reporting a balance?).

It's on some random auto pays for about $50/mo, last few CLI denials were for not enough spend so in November I maxed it over limit and paid off before cycle closed

Seems like that may have triggered it as December cycle closes next Wednesday.

Re: CapitalOne QS1 Christmas Miracle

coreyb80 — Tue, 26 Dec 2023 17:01:47 GMT

Congrats on the nice increase!

Re: CapitalOne QS1 Christmas Miracle

M_Smart007 — Tue, 26 Dec 2023 18:40:20 GMT

Congratulations on your Miracle auto CLI 🎉

Re: CapitalOne QS1 Christmas Miracle

nytokyobred79 — Wed, 27 Dec 2023 01:25:59 GMT

Congrats on the Xmas cli 😊

Re: CapitalOne QS1 Christmas Miracle

NoMoreE46 — Wed, 27 Dec 2023 02:11:30 GMT

@ShreksBFF wrote:
@CreditCuriosity wrote:
Congrats on a massive CLI from a bucketed Cap1 card. Able to PC to regular Quicksilver yet vs QS One?
Nope, was the first thing I logged in and checked lol

I hope you keep checking on this PC option as noted.
To figure out the minimum timeframe to PC after this (guessing 6 months) would be great a DP @ShreksBFF.

You also might get the option to reallocate your limits between this and your Savor.

Re: CapitalOne QS1 Christmas Miracle

Legally_Speaking2512 — Wed, 27 Dec 2023 19:13:46 GMT

That's awesome! Congrats and Merry Christmas indeed.

Re: CapitalOne QS1 Christmas Miracle

MikeyMagic — Thu, 28 Dec 2023 10:37:17 GMT

@ShreksBFF wrote:
My oldest card is my QS1, therefore I haven't canceled it. I know it stays on and ages but I still had hope that I'd be able to strip the $1,300 bucket with time.

Earlier this year I was able to pull a 1-200 CLI on it and that was all it had coming.

Until now... I woke up to an email saying I received a 4k auto-CLI for a new $5,300 limit.

Mind blown but happy to see it finally happen, now to hope for a product change opportunity.

Wow that's awesome. Obv you are just 1 DP but maybe Cap1 is starting to give bucketed cards much higher CLI's. It's probably wishful thinking but I am 3.5 months into my Cap 1 Platinum unsecured card with a $300 CL so I'm trying to be hopeful that my 1st increase can get me to $1000 or maybe more!!

Re: CapitalOne QS1 Christmas Miracle

ShreksBFF — Thu, 28 Dec 2023 12:59:06 GMT

@MikeyMagic wrote:
@ShreksBFF wrote:
My oldest card is my QS1, therefore I haven't canceled it. I know it stays on and ages but I still had hope that I'd be able to strip the $1,300 bucket with time.

Earlier this year I was able to pull a 1-200 CLI on it and that was all it had coming.

Until now... I woke up to an email saying I received a 4k auto-CLI for a new $5,300 limit.

Mind blown but happy to see it finally happen, now to hope for a product change opportunity.

Wow that's awesome. Obv you are just 1 DP but maybe Cap1 is starting to give bucketed cards much higher CLI's. It's probably wishful thinking but I am 3.5 months into my Cap 1 Platinum unsecured card with a $300 CL so I'm trying to be hopeful that my 1st increase can get me to $1000 or maybe more!!

To add a little more data, I've had the card since 07/2015

Re: CapitalOne QS1 Christmas Miracle

flexin222 — Thu, 28 Dec 2023 13:47:34 GMT

Congrats! It appears I missed opening the presents...

Re: CapitalOne QS1 Christmas Miracle

cashorcharge — Thu, 28 Dec 2023 18:35:33 GMT

WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

Re: CapitalOne QS1 Christmas Miracle

CreditAggie — Fri, 29 Dec 2023 05:28:26 GMT

Congratulations on your Cap1 CLI!

Re: CapitalOne QS1 Christmas Miracle

BigBS — Fri, 29 Dec 2023 14:39:57 GMT

Congrats on the CLI!

Re: CapitalOne QS1 Christmas Miracle

ShreksBFF — Thu, 04 Jan 2024 22:34:00 GMT

Some good news for those that wanted PC updates, my statement cut yesterday, I checked today after receiving email of statement being available and there were no upgrade options.

I decided to do the /productupgrade trick and had theee options: No AF QS, VentureOne, Venture

I accepted the Venture card in hopes I'll have a chance to PC to VentureX -- I don't care about not receiving sign up bonus if I PC to X, would prefer to not open a new line to get the card.

No more QS1!

Re: CapitalOne QS1 Christmas Miracle

CYBERSAM — Fri, 05 Jan 2024 00:47:54 GMT

Congrats on your Cap1 upgrade and CLI 🤑👍

Now you know that card is not bucketed, put some usage and see it grow big time.

Re: CapitalOne QS1 Christmas Miracle

Zoostation1 — Fri, 05 Jan 2024 02:43:30 GMT

I'm wondering if they've been rebucketed, or just got put towards the higher end of what a bucketed card can get to. The thinking being that after the maturity date of the asset backed security, if the account is in good standing and you're in a better credit situation than previously, it can have the limit be pushed up towards the higher end of what would get packaged at that level to simultaneously reduce the chance of the customer closing it now that they are considered risk (thus mitigating the risk of new cardholders with young or dirtier profiles). Alternatively maybe it gets repackaged in a higher bucket with a lowrer risk profile overall (and thus a lower yield, lower risk bond).