topic Re: Capital One / MasterCard Question in Credit Cards

Capital One / MasterCard Question

creditconcept — Tue, 30 Dec 2014 23:22:51 GMT

Does anyone have a WORLD or WORLD ELITE quicksilver mastercard from capone? If so is it the QUICKSILVER or the QUICKSILVER ONE?

Also, if you dont mind, what are your limits that command the world/wem? Just curious, trying to figure out the requirements. I now some peopel have just had their regular mastercards randomley upgraded to wem. Have any of you ever heard of this?

Thanks!

Re: Capital One / MasterCard Question

gdale6 — Wed, 31 Dec 2014 00:12:16 GMT

@creditconcept wrote:
Does anyone have a WORLD or WORLD ELITE quicksilver mastercard from capone? If so is it the QUICKSILVER or the QUICKSILVER ONE?
Also, if you dont mind, what are your limits that command the world/wem? Just curious, trying to figure out the requirements. I now some peopel have just had their regular mastercards randomley upgraded to wem. Have any of you ever heard of this?

Thanks!

I have read of initial CLs on this type of card from Cap-1 as low as $600. I have also read of CLs as high as 20K on such a card from Cap-1.

Re: Capital One / MasterCard Question

kdong1996 — Wed, 31 Dec 2014 00:46:55 GMT

Quicksilver One is Master Card. Quicksilver is Visa.

Re: Capital One / MasterCard Question

Chris679 — Wed, 31 Dec 2014 00:49:43 GMT

Re: Capital One / MasterCard Question

coldnmn — Wed, 31 Dec 2014 00:51:48 GMT

@kdong1996 wrote:
Quicksilver One is Master Card. Quicksilver is Visa.

Not always my Mastercard is a Quicksilver with no annual fee. It was product changed from a Mastercard Platinum no annual fee. I have never paid an annual fee since getting the card with a $300 CL.

Re: Capital One / MasterCard Question

Chris679 — Wed, 31 Dec 2014 00:52:02 GMT

@kdong1996 wrote:
Quicksilver One is Master Card. Quicksilver is Visa.

Incorrect, for example I have a QS MC. Pretty sure the QS One has a fee and there are visa and MC versions of both.

Re: Capital One / MasterCard Question

taxi818 — Wed, 31 Dec 2014 00:59:13 GMT

@kdong1996 wrote:
Quicksilver One is Master Card. Quicksilver is Visa.

Not absolute. And if you get upgraded to quicksilver. It will be MasterCard. Which mine is. It's not the qs1. No AF. And it's hideous.

Re: Capital One / MasterCard Question

wacdenney — Wed, 31 Dec 2014 01:02:46 GMT

@coldnmn wrote:
@kdong1996 wrote:
Quicksilver One is Master Card. Quicksilver is Visa.
Not always my Mastercard is a Quicksilver with no annual fee. It was product changed from a Mastercard Platinum no annual fee. I have never paid an annual fee since getting the card with a $300 CL.

Does your Mastercard say "one" on it under "Quicksilver"?

I always assumed the "one" descriptor was relative to the MC processing network. I don't think whether or not your card agreement contains an AF has anything to do with it. Obviously there are many many Quicksilver One cards with no AF attached, but I've never seen a Quicksilver One Visa or a Quicksilver MC.

Re: Capital One / MasterCard Question

kdong1996 — Wed, 31 Dec 2014 01:04:09 GMT

Yeah, but i was presuming that OP wanted to apply for one rather than doing a PC. If he directly applied from their website what I said would hold true.

Re: Capital One / MasterCard Question

wacdenney — Wed, 31 Dec 2014 01:09:54 GMT

It looks like Crapital One has been quoted telling people that Quciksilver One is only available as a MC but Quicksilver can come on either processing network. So I guess the AF is the key.

Crazy Capital one the only card company where the lower tier card carries an AF instead of the higher tier and with no additional benefits to go along with it. I guess it's a sub-prime style fee rather than what you would normally think of as being associated with an AF from a normal lender.

Re: Capital One / MasterCard Question

taxi818 — Wed, 31 Dec 2014 01:13:58 GMT

@wacdenney wrote:
It looks like Crapital One has been quoted telling people that Quciksilver One is only available as a MC but Quicksilver can come on either processing network. So I guess the AF is the key.

Crazy Capital one the only card company where the lower tier card carries an AF instead of the higher tier and with no additional benefits to go along with it. I guess it's a sub-prime style fee rather than what you would normally think of as being associated with an AF from a normal lender.

In either case even with AF. You earn much more than that. I think I earned my AF first month. No more than 2 months The rest was clean cash back. Makes it even better now no AF. Too bad. That I use many others now. I know they want to be top dog. But it's only so many pieces to the spend pie.

Re: Capital One / MasterCard Question

wacdenney — Wed, 31 Dec 2014 01:18:05 GMT

@taxi818 wrote:
@wacdenney wrote:
It looks like Crapital One has been quoted telling people that Quciksilver One is only available as a MC but Quicksilver can come on either processing network. So I guess the AF is the key.

Crazy Capital one the only card company where the lower tier card carries an AF instead of the higher tier and with no additional benefits to go along with it. I guess it's a sub-prime style fee rather than what you would normally think of as being associated with an AF from a normal lender.
In either case even with AF. You earn much more than that. I think I earned my AF first month. No more than 2 months The rest was clean cash back. Makes it even better now no AF. Too bad. That I use many others now. I know they want to be top dog. But it's only so many pieces to the spend pie.

I agree that you would definately want the no AF version in the case of Cap1. If you're going to commit to putting up with Cap1, at least get your full 1.5%. It's impossible to ever actually get 1.5% on the QS1 due to the AF. Unless of course you are willing to put in the time and effort year after year to beg their EO to have it waived for another year.

Re: Capital One / MasterCard Question

creditconcept — Wed, 31 Dec 2014 02:05:02 GMT

Thank you all for the replies!

Yes, I was looking to apply for one, and was just curious. I am contemplating closing my current capital one card, It has an AF anf a 25% interest rate, Ive talked to person after person after person. They always give me a cli, but no one can seem to lower the apr or remove/lower the AF. So I am contemplating just starting over with the "excellent credit" version of Quicksilver on their website.

Unless you all have any other recomendations??

AAOA 1.6 Years, oldest account 2.3 years

Inquiries: 7

Util: 9%

TU Fico08: 748 Credit Karma TU: 750

Cap One $4,250

Freedom $3,000

Discover $1,000

BoA - $3,000

ONLY reason I keep using/want to retain the cap one is 1.5% cashback for everything that dosent fall into the 5% on the other two cards, or onto bank of americas "gas" category. At the end of the year, 50% more cashback makes a difference to me

Re: Capital One / MasterCard Question

kdong1996 — Wed, 31 Dec 2014 02:07:55 GMT

I think you should try asking their live chat if there is an upgrade available for your current Capital One card to the Quicksilver. I was able to get my Journey changed to the Quicksilver in less than 10 minutes through live chat. If all else fails try giving their Facebook or EO a try.

Re: Capital One / MasterCard Question

jsucool76 — Wed, 31 Dec 2014 02:09:39 GMT

@creditconcept wrote:
Thank you all for the replies!

Yes, I was looking to apply for one, and was just curious. I am contemplating closing my current capital one card, It has an AF anf a 25% interest rate, Ive talked to person after person after person. They always give me a cli, but no one can seem to lower the apr or remove/lower the AF. So I am contemplating just starting over with the "excellent credit" version of Quicksilver on their website.

Unless you all have any other recomendations??

AAOA 1.6 Years, oldest account 2.3 years
Inquiries: 7
Util: 9%
TU Fico08: 748 Credit Karma TU: 750
Cap One $4,250
Freedom $3,000
Discover $1,000
BoA - $3,000

ONLY reason I keep using/want to retain the cap one is 1.5% cashback for everything that dosent fall into the 5% on the other two cards, or onto bank of americas "gas" category. At the end of the year, 50% more cashback makes a difference to me

Have you tried asking if they'll convert it to a quicksilver? Don't ask them about an upgrade, just go into a chat session and ask if you have an offer to "add rewards" to your account, that is what their script calls it. If so, they'll ask if you want "miles or cash back"

If this doesn't work try sending them a message through facebook, and asking if it would be possible to convert to a quicksilver card (or to remove the annual fee)

I have a quicksilver mastercard with no AF, $6,500 limit. It is either world or world elite, I'm not sure yet. I asked to be upgraded to world elite and the facebook people told me I have a "new surprise" coming in the mail because they can't discuss account specifics through facebook chat. I noticed online my account now says "mastercard world"

Re: Capital One / MasterCard Question

wacdenney — Wed, 31 Dec 2014 02:14:06 GMT

@creditconcept wrote:
Thank you all for the replies!

Yes, I was looking to apply for one, and was just curious. I am contemplating closing my current capital one card, It has an AF anf a 25% interest rate, Ive talked to person after person after person. They always give me a cli, but no one can seem to lower the apr or remove/lower the AF. So I am contemplating just starting over with the "excellent credit" version of Quicksilver on their website.

Unless you all have any other recomendations??

AAOA 1.6 Years, oldest account 2.3 years
Inquiries: 7
Util: 9%
TU Fico08: 748 Credit Karma TU: 750
Cap One $4,250
Freedom $3,000
Discover $1,000
BoA - $3,000

ONLY reason I keep using/want to retain the cap one is 1.5% cashback for everything that dosent fall into the 5% on the other two cards, or onto bank of americas "gas" category. At the end of the year, 50% more cashback makes a difference to me

I had 2 QS1 cards and tried for three years to get the AFs removed. I never asked about the APRs, I don't even know what they were as QS isn't a balance carrying type card. After three years of asking and singing and dancing for the EO to have the fee waived every year and being lied to and told it was impossible to remove, I closed both cards. Literally a couple of months later I recieved a pre-approval in the mail for a QS Visa with no AF.

In my case closing them was the only option I had left with them and the only thing that worked. For other people they remove the AF no problem so who knows...

Fidelity AMEX or Citi DC either one is a better option if you are simply looking for a general "everything else" type of card.

Re: Capital One / MasterCard Question

gdale6 — Wed, 31 Dec 2014 02:18:07 GMT

@creditconcept wrote:
Thank you all for the replies!

Yes, I was looking to apply for one, and was just curious. I am contemplating closing my current capital one card, It has an AF anf a 25% interest rate, Ive talked to person after person after person. They always give me a cli, but no one can seem to lower the apr or remove/lower the AF. So I am contemplating just starting over with the "excellent credit" version of Quicksilver on their website.

Unless you all have any other recomendations??

AAOA 1.6 Years, oldest account 2.3 years
Inquiries: 7
Util: 9%
TU Fico08: 748 Credit Karma TU: 750
Cap One $4,250
Freedom $3,000
Discover $1,000
BoA - $3,000

ONLY reason I keep using/want to retain the cap one is 1.5% cashback for everything that dosent fall into the 5% on the other two cards, or onto bank of americas "gas" category. At the end of the year, 50% more cashback makes a difference to me

You may not get a lower APR with a new card, I got their credit steps platinum card in early 2011 at a 19.9% APR when I was in rebuild mode I closed it out earlier this year when they refused to remove the annual fee. My credit now is in the excellent category with high Ficos, I apped for the Sony card last week just to get the bonus and the extra credit for util purposes it was approved instantly with a 5K CL and the same 19.9 int rate I had with the rebuilder and that was with a 757 EQ Beacon 5.0 score..

Re: Capital One / MasterCard Question

coldnmn — Wed, 31 Dec 2014 02:20:45 GMT

@wacdenney wrote:
@coldnmn wrote:
@kdong1996 wrote:
Quicksilver One is Master Card. Quicksilver is Visa.
Not always my Mastercard is a Quicksilver with no annual fee. It was product changed from a Mastercard Platinum no annual fee. I have never paid an annual fee since getting the card with a $300 CL.
Does your Mastercard say "one" on it under "Quicksilver"?

I always assumed the "one" descriptor was relative to the MC processing network. I don't think whether or not your card agreement contains an AF has anything to do with it. Obviously there are many many Quicksilver One cards with no AF attached, but I've never seen a Quicksilver One Visa or a Quicksilver MC.

Quicksilver only. Quicksilver one has an annual fee. The suggestion to product change from Quicksilver one to Quicksilver no annual fee has worked for many and in my opinion Is worth a shot through chat.

Re: Capital One / MasterCard Question

creditconcept — Wed, 31 Dec 2014 02:38:10 GMT

I will try a product change to the not AF quicksilver throught chat, then work on an apr reduction in a few months. Thanks guys!

Re: Capital One / MasterCard Question

Anonymous — Wed, 31 Dec 2014 02:50:39 GMT

My non AF QS is a WMC.