topic Re: QuickSilver One --> QuickSilver PC Approval Question in Credit Cards

QuickSilver One --> QuickSilver PC Approval Question

dallasareaguy — Sat, 31 Oct 2015 19:46:57 GMT

Did I just make a mistake at all or is this a positive?

I was bored so I logged in and went into chat and asked if my QuickSilver One which has a $5000 limit currently is eligible for upgrade to Venture or QuickSilver. They came back and said I could PC to either QuickSilver or VentureOne...

They said my terms would stay the same other than no annual fee and World Mastercard benefits. So I had been comparing the products and noticed QuickSilver is Signature Visa.. so they do both (for product changes, I guess?)

Anyway.. can anyone tell me a positive or negative to me having removed the "One" from my card?

Also.. could that be ANY hint that I might be able to get approved for a Venture or QuickSilver if I applied?

Re: QuickSilver One --> QuickSilver PC Approval Question

NRB525 — Sat, 31 Oct 2015 20:12:41 GMT

A few months ago I PC'd my CapOne Platinum MC, which doubtless started as something else in 2003, to a Quicksilver, and it came as World MC. The old version had 1 pct rewards, 10.9% APR and $10k limit, new one has 1.5% rewards, same APR, limit, and was the same number, with many WMC benefits including built in trip cancellation insurance that I have to pay extra for when using Delta AMEX to buy Delta tickets (if I want it).

So I would suggest jumping on the PC from QS1 to QS. They do WMC. I just got a new card, they are moving the QS MC to a more traditional raised-numbers design that looks a lot better than the screen printed numbers. New card number in this case.

In July I apped for the Venture and got that. Did not see any prequals, but with 12 years of CapOne experience, didn't make any difference. 17.9% APR, so not the best, but $30k CL.

Re: QuickSilver One --> QuickSilver PC Approval Question

UncleB — Sat, 31 Oct 2015 20:13:37 GMT

@dallasareaguy wrote:
Did I just make a mistake at all or is this a positive?

I was bored so I logged in and went into chat and asked if my QuickSilver One which has a $5000 limit currently is eligible for upgrade to Venture or QuickSilver. They came back and said I could PC to either QuickSilver or VentureOne...

They said my terms would stay the same other than no annual fee and World Mastercard benefits. So I had been comparing the products and noticed QuickSilver is Signature Visa.. so they do both (for product changes, I guess?)

Anyway.. can anyone tell me a positive or negative to me having removed the "One" from my card?

Also.. could that be ANY hint that I might be able to get approved for a Venture or QuickSilver if I applied?

If they offered you Quicksilver or VentureOne, you definitely want the Quicksilver. The rewards are the same as you're getting now (1.5%) but there's no annual fee. Like the CSR said, the rest of the terms (APR, etc.) will stay the same. You are correct that the network doesn't change... if you have a MasterCard now, after the PC it will still be a MasterCard.

I've never really understood why anybody would want a VentureOne. It has no annual fee, but the rewards are only 1.25%, and to get that you must redeem the "miles" against travel purchases. If you redeem for anything else, the rate is generally even less. Sometimes for new applictions the APR for a VentureOne will be 1% lower than the Quicksilver (at least for my prequals) but if you're paying interest rewards cards aren't the best choice anyway.

To 'make a long story short', removing the 'One' from your card just removes the annual fee... everything else is exactly the same.

Re: QuickSilver One --> QuickSilver PC Approval Question

My_Fako — Sun, 01 Nov 2015 18:07:01 GMT

I'm trying to confirm, when we product change. Does that rest the (6th) month cli rule/guidelines?

Re: QuickSilver One --> QuickSilver PC Approval Question

pizza1 — Sun, 01 Nov 2015 18:30:30 GMT

Just PC'ing alone doesn't restart the CLI clock. at least it didn't for me...

Re: QuickSilver One --> QuickSilver PC Approval Question

Shooting-For-800 — Tue, 03 Nov 2015 20:10:53 GMT

Venture = 2% with $59 fee

QuickSilver = 1.5% with no fee

QuickSilver One = 1.5% with fee ($39?)

Venture One = 1.25% with no fee