topic Re: Capital One Product Change Question in Credit Cards

Capital One Product Change Question

LadyVee — Wed, 03 Feb 2016 19:50:09 GMT

Recently I was approved for a CLI from $2500 to $4500 on my QS card. Now this card was originally just a Platinum card that was product changed to a Quicksilver. What I want to know is this ... Since the limit has been increased nicely, could I product change this again to a Venture card and would it remain a MasterCard or could it be changed to a Visa as well?

Re: Capital One Product Change Question

Anonymous — Wed, 03 Feb 2016 20:16:30 GMT

Should remain a MC. It's my understanding that a MC can never be converted to a visa or vice versa. And I would think you could PC again to venture, but it might be more difficult and may not be available right away.

Re: Capital One Product Change Question

gdale6 — Wed, 03 Feb 2016 20:50:24 GMT

moving to the CC forum

Re: Capital One Product Change Question

Anonymous — Wed, 03 Feb 2016 22:22:41 GMT

It will remain a MC unless you go through the EO and see if they will change it. It will take an act of congress though.

If you really want that Venture, I'd app for it because the SL's are bigger and the sign up bonus is really good. You could then try and consolidate limits down the road to whichever card is more beneficial for your spend.

Re: Capital One Product Change Question

UncleB — Wed, 03 Feb 2016 22:44:51 GMT

@Anonymous wrote:
It will remain a MC unless you go through the EO and see if they will change it. It will take an act of congress though.

If you really want that Venture, I'd app for it because the SL's are bigger and the sign up bonus is really good. You could then try and consolidate limits down the road to whichever card is more beneficial for your spend.

There are two or three folks around here with Venture/Venture One MasterCards they got through a series of PCs, but honestly unless you just want a card that almost nobody has you would be much better off just to app for the Venture directly.

Most of the the reasons have already been covered above, but I'll add that I also have a QS1 MasterCard that started as something else with HSBC/Orchard, and even if you were to strip the AF away it is still a different level account with different offers/benefits from the 'top tier' cards (Venture and Quicksilver Visa Signature). I routinely have offers for balance transfers to my Quicksilver Visa with APR promotions, but the QS1 MasterCard never has those offers. All new Venture accounts are issued as 'Signature', so you wouldn't have to be concerned with the designation once you're approved.

Also, keep in mind that any card that isn't 'Signature', 'World', 'World Elite', etc. is automatically classified as 'Platinum' - at least with Capital One. It has thrown many folks off when they realize that their lower-limit Quicksilver card (or Quicksilver One) is 'Platinum' as well as 'Quicksilver'.

Re: Capital One Product Change Question

Kevin86475391 — Wed, 03 Feb 2016 22:50:45 GMT

@Anonymous wrote:
It will remain a MC unless you go through the EO and see if they will change it. It will take an act of congress though.

If you really want that Venture, I'd app for it because the SL's are bigger and the sign up bonus is really good. You could then try and consolidate limits down the road to whichever card is more beneficial for your spend.

I agree. While you may be able to PC it into a Venture, I think apping for a new card is probably the better option in this case.

Re: Capital One Product Change Question

SunriseEarth — Wed, 03 Feb 2016 22:59:32 GMT

@LadyVee wrote:
Recently I was approved for a CLI from $2500 to $4500 on my QS card. Now this card was originally just a Platinum card that was product changed to a Quicksilver. What I want to know is this ... Since the limit has been increased nicely, could I product change this again to a Venture card and would it remain a MasterCard or could it be changed to a Visa as well?

It would remain MC. Usually, you can only PC once every 6 months when you go through CSR. Try hopping on chat and see if they have an offer to "upgrade" you to Venture.

Re: Capital One Product Change Question

LadyVee — Thu, 04 Feb 2016 03:22:25 GMT

I called and spoke with the CSR and unfortunately they didn't have a offer for me to upgrade at this time but she did give the promotion of a lower APR for 7 months. So although I wasn't able to product change it, it was still a successful attempt that benefited in another way. Oh well maybe down the road I'll be able to upgrade to Venture.

Re: Capital One Product Change Question

Shooting-For-800 — Wed, 17 Feb 2016 20:42:10 GMT

Re: Capital One Product Change Question

Shooting-For-800 — Wed, 17 Feb 2016 20:41:53 GMT

I went from QS1 MC at 3,000 to QS MC at 3,500 to QS MC at $12,500 to Venture World MC at $12,500.
MCs stay MCs

Re: Capital One Product Change Question

UncleB — Wed, 17 Feb 2016 20:45:23 GMT

Update to my previous post on this thread... I just got my QS1 MasterCard PC'd to a no-annual fee Quicksilver!

(It only took nine years... LOL)

Here's the details:

http://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-QS1-to-QS-PC-Finally/m-p/4460991

Re: Capital One Product Change Question

Shooting-For-800 — Wed, 17 Feb 2016 21:52:16 GMT

awesome.

Re: Capital One Product Change Question

LadyVee — Fri, 19 Feb 2016 13:45:28 GMT

Re: Capital One Product Change Question

Anonymous — Fri, 19 Feb 2016 13:56:17 GMT

Last month i was able to PC my (3 month old) platinum Mastercard to a Quicksilver (no AF), yesterday thru chat as well i was offered to PC my (1 year old 4000 limit) Quicksilver one to a Quicksilver or a Venture one... I chose Venture One.So i say go and check with chat you never know im prove that you dont have to wait that long to get a PC to Venture one at least.

Best of luck!

Re: Capital One Product Change Question

Shooting-For-800 — Fri, 19 Feb 2016 21:41:21 GMT

Why venture one or quicksilver?

Quicksilver is better in every way unless I missed something.

Re: Capital One Product Change Question

UncleB — Sat, 20 Feb 2016 05:11:10 GMT

@Shooting-For-800 wrote:
Why venture one or quicksilver?

Quicksilver is better in every way unless I missed something.

I can only think of one reason... his CL is $4k, and the only way to get a World MC seems to be if your credit line is $5k+ and you're doing a product change (I know some have used the EO, but that's a different story). So he might have changed to Venture One to get rid of the AF, and once the card has a credit line of $5k+ he can do another PC to Quicksilver, and will likely get a World MasterCard.

This is only speculation, though.

I just did my own PC to Quicksilver with a credit line of $3900, and for a split-second I considered going the Venture One route first for this reason, but I decided to just go straight to the QS, since the 'World' designation wouldn't actually be useful to me.

Re: Capital One Product Change Question

Shooting-For-800 — Sat, 20 Feb 2016 17:22:50 GMT

@UncleB wrote:
@Shooting-For-800 wrote:
Why venture one or quicksilver?

Quicksilver is better in every way unless I missed something.
+1

I can only think of one reason... his CL is $4k, and the only way to get a World MC seems to be if your credit line is $5k+ and you're doing a product change (I know some have used the EO, but that's a different story). So he might have changed to Venture One to get rid of the AF, and once the card has a credit line of $5k+ he can do another PC to Quicksilver, and will likely get a World MasterCard.

This is only speculation, though.

I just did my own PC to Quicksilver with a credit line of $3900, and for a split-second I considered going the Venture One route first for this reason, but I decided to just go straight to the QS, since the 'World' designation wouldn't actually be useful to me.

I guess.

i went from quicksilver mc to venture world mc via chat without EO.

Re: Capital One Product Change Question

derek6004 — Tue, 26 Apr 2016 13:09:05 GMT

I just successfully via an online chat with Capital One did a product change to the Quicksilver Visa Signature. I had the Platinum credit card open for about 6 months before the product change with a credit line of $5,500. My new Quicksilver will have no annual fee, 17.9% APR, and a $5,500 credit line...I'm so excited for my new card to arrive.

Re: Capital One Product Change Question

UncleB — Tue, 26 Apr 2016 13:13:28 GMT

@derek6004 wrote:
I just successfully via an online chat with Capital One did a product change to the Quicksilver Visa Signature. I had the Platinum credit card open for about 6 months before the product change with a credit line of $5,500. My new Quicksilver will have no annual fee, 17.9% APR, and a $5,500 credit line...I'm so excited for my new card to arrive.

That's awesome!

You had the platinum Visa before? We don't see too many of those around here.

Re: Capital One Product Change Question

derek6004 — Tue, 26 Apr 2016 13:16:32 GMT

Yes I had the Platinum Visa, before my product change. I dont even see the Platinum Visa offered online anymore, I received a pre approval in the mail 6 months ago for the Platinum and accepted the offer