topic Re: Quicksilver upgrade in Credit Cards

Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 00:49:50 GMT

Someone mentioned in a thread somewhere that the Cap1 Platinum upgraded to a Cap1 Quicksilver also upgraded benefits to MasterCard World or Elite. I only have a 300 CL. What are the facts here? Anybody know? Cap1 CS doesn't seem to know what I'm talking about....

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 00:56:30 GMT

Only if it says World Mastercard on your new card logo, I believe. If it only has the regular Mastercard logo, you still have the same benefits

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 01:07:34 GMT

That's easy enough. Thanks!

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 01:11:37 GMT

@Anonymous wrote:
Someone mentioned in a thread somewhere that the Cap1 Platinum upgraded to a Cap1 Quicksilver also upgraded benefits to MasterCard World or Elite. I only have a 300 CL. What are the facts here? Anybody know? Cap1 CS doesn't seem to know what I'm talking about....

They upgraded my CapOne Platinum yesterday to the Quicksilver card.

I'm confused myself to these status. Regular Mastercard, World Mastercard, World Elite Mastercard.

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 01:15:52 GMT

I just looked at my card for you guys 🙂 and my QS is a World MC.

I upgraded from Platinum --->QS1 (regular MC) and then a few months later I upgraded from QS1--->QS World MC.

I think it depends on your CL if you get a World MC. And I think the breakpoint is $10k but I could be wrong

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 01:50:16 GMT

@Anonymous wrote:
I just looked at my card for you guys 🙂 and my QS is a World MC.

I upgraded from Platinum --->QS1 (regular MC) and then a few months later I upgraded from QS1--->QS World MC.

I think it depends on your CL if you get a World MC. And I think the breakpoint is $10k but I could be wrong

That makes a lot of sense. More limit, more perks. Thanks for looking!

Re: Quicksilver upgrade

SunriseEarth — Sat, 10 Dec 2016 01:54:33 GMT

@Anonymous wrote:
Someone mentioned in a thread somewhere that the Cap1 Platinum upgraded to a Cap1 Quicksilver also upgraded benefits to MasterCard World or Elite. I only have a 300 CL. What are the facts here? Anybody know? Cap1 CS doesn't seem to know what I'm talking about....

You're probably not there yet, but your CC can eventually become a Quicksilver WMC. I started off with a Platinum MC with a $400 CL. Eventually, I was able to grow the CL and PCed to the QS1. From there, I was able to grow the CL more and now have a QS WMC. The CL was $5750, but I combined a V1 with a $10750 CL into it...now I have a QS with a $16500 CL. So yes, you can definitely grow.

Re: Quicksilver upgrade

SunriseEarth — Sat, 10 Dec 2016 01:55:29 GMT

@Anonymous wrote:
I just looked at my card for you guys 🙂 and my QS is a World MC.

I upgraded from Platinum --->QS1 (regular MC) and then a few months later I upgraded from QS1--->QS World MC.

I think it depends on your CL if you get a World MC. And I think the breakpoint is $10k but I could be wrong

It's $5K. Usually, if you PC a Cap One product and have a CL over $5K, they'll give you a WMC

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 02:00:47 GMT

@SunriseEarth wrote:
@Anonymous wrote:
Someone mentioned in a thread somewhere that the Cap1 Platinum upgraded to a Cap1 Quicksilver also upgraded benefits to MasterCard World or Elite. I only have a 300 CL. What are the facts here? Anybody know? Cap1 CS doesn't seem to know what I'm talking about....

You're probably not there yet, but your CC can eventually become a Quicksilver WMC. I started off with a Platinum MC with a $400 CL. Eventually, I was able to grow the CL and PCed to the QS1. From there, I was able to grow the CL more and now have a QS WMC. The CL was $5750, but I combined a V1 with a $10750 CL into it...now I have a QS with a $16500 CL. So yes, you can definitely grow.

That's awesome! I'm struggling slightly with the "marathon not race" mindset, tbh. But reading through everyone's success stories on here has helped a lot!

Re: Quicksilver upgrade

jamevfan — Sat, 10 Dec 2016 03:58:52 GMT

I currently have a Capital one Secured Platimum with a SL of 200 and is now 500 (i did not add more money) also I have the Cap One SQ1 with an inital SL of 500 which is now at 2000. How can I PC? Also when you PC does it change your AAoA or show as a new line of credit?

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 04:25:51 GMT

@jamevfan wrote:
I currently have a Capital one Secured Platimum with a SL of 200 and is now 500 (i did not add more money) also I have the Cap One SQ1 with an inital SL of 500 which is now at 2000. How can I PC? Also when you PC does it change your AAoA or show as a new line of credit?

I used online chat and asked if I had any offers available. They said I could upgrade to QS. It does not change AAoA as it is an internal change only. I'm not sure if they would easily PC you to QS from QS1. I feel like they would want to keep you in the annual fee...but it never hurts to ask!

I'm not sure about graduation of your secured card, but depending on it's age, you could sure ask about it!

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 04:32:40 GMT

@jamevfan wrote:
I currently have a Capital one Secured Platimum with a SL of 200 and is now 500 (i did not add more money) also I have the Cap One SQ1 with an inital SL of 500 which is now at 2000. How can I PC? Also when you PC does it change your AAoA or show as a new line of credit?

People have been known to PC QS1 to QS, I just think it depends on if they have an offer for you. PC with Capital One doesn't change your AAoA, as it is the same account with same account number, and unfortunately the same APR.

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 06:06:49 GMT

@Anonymous wrote:
@jamevfan wrote:
I currently have a Capital one Secured Platimum with a SL of 200 and is now 500 (i did not add more money) also I have the Cap One SQ1 with an inital SL of 500 which is now at 2000. How can I PC? Also when you PC does it change your AAoA or show as a new line of credit?
People have been known to PC QS1 to QS, I just think it depends on if they have an offer for you. PC with Capital One doesn't change your AAoA, as it is the same account with same account number, and unfortunately the same APR.

Good to know, Bella! Thanks!

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 08:08:40 GMT

@Anonymous wrote:
@Anonymous wrote:
@jamevfan wrote:
I currently have a Capital one Secured Platimum with a SL of 200 and is now 500 (i did not add more money) also I have the Cap One SQ1 with an inital SL of 500 which is now at 2000. How can I PC? Also when you PC does it change your AAoA or show as a new line of credit?
People have been known to PC QS1 to QS, I just think it depends on if they have an offer for you. PC with Capital One doesn't change your AAoA, as it is the same account with same account number, and unfortunately the same APR.
Good to know, Bella! Thanks!

Seconding the upgrade from Cap1 QS1 to regular Quicksilver. It's been a little less than two weeks since I upgraded. Everything stays the same (at least it did for me). In case this is important to you, they would not upgrade me to the WEMC though. I guess my CL was too low for the WEMC. I'm not sure. They just said that everything about the card (except no annual fee) will stay the same.

Re: Quicksilver upgrade

Anonymous — Sat, 10 Dec 2016 18:51:22 GMT

I got bumped from Platinum to Quicksilver sometime last year I think. I can't really tell, because apparently it's a token change -- my card is now Quicksilver but my statement still says Visa Platinum. My last CLI in September bumped me from $1500 to $4500, just shy of the Visa Signature threshold. I suspect I'll be able to muster another big bump on my next CLI spree in March, at which point I'll have at least my second Visa Signature.

Re: Quicksilver upgrade

UncleB — Sat, 10 Dec 2016 19:10:39 GMT

@Anonymous wrote:
I got bumped from Platinum to Quicksilver sometime last year I think. I can't really tell, because apparently it's a token change -- my card is now Quicksilver but my statement still says Visa Platinum. My last CLI in September bumped me from $1500 to $4500, just shy of the Visa Signature threshold. I suspect I'll be able to muster another big bump on my next CLI spree in March, at which point I'll have at least my second Visa Signature.

I also got PC'd from a QS1 to a Quicksilver back in the spring. The account will still say 'platinum' since it's not a WMC or WEMC (or 'Signature' if Visa)... in this case 'platinum' is the MC level of benefits, not the actual product. It can get confusing - whoever at Capital One decided it would be wise to offer a product called 'platinum' should be whipped.

I'm also "close but not quite" when it comes to qualifying for a WMC. After my last CLI a few months back I'm now at $4900, and with a little luck I'll be able to finally cross the $5k threshold in a few months. When (if) that happens, I plan to PC to a Venture One to pick up the WMC, then after the obligatory six month wait I'll PC back to a QS, keeping the WMC designation. This has worked for others numerous times, and with a little luck it will work for me as well.

All that being said, I'm still happy just to have a 'regular' QS... my old QS1 annual fee was $79, and this is my oldest bankcard (will be 10 years in a few months) so I wanted to keep it around if at all possible (but not for $79/year).

Note: There are a few people who have reported being able to get the WMC/Signature Visa upgrade via the EO, but it was a pain. The easiest way by far seems to be to do a PC once your CL is $5k+.

Re: Quicksilver upgrade

CYBERSAM — Sun, 11 Dec 2016 05:42:13 GMT

I started with QS1 Platinum MC, got upgraded to QS with 3K limit and no WMC. Apparently that can be upgraded only when you have 5K CL and when a product change had occurred. Such as QS1 to QS or QS to Venture etc.

I have not seen any reports that when there is a PC with WMC it would turn to WEMC.

Re: Quicksilver upgrade

Anonymous — Sun, 11 Dec 2016 05:59:58 GMT

When I PC'd my Platinum to QS, it remained a standard (Platinum) Mastercard even though I had previously gotten a CLI to $7k. My understanding is that Cap One rarely if ever changes card tier on an existing account - I got my QS WEMC on a cold app which was approved at $10k...and yes, the original QS is going to be combined onto it in 6 months

Re: Quicksilver upgrade

Anonymous — Sun, 11 Dec 2016 23:14:13 GMT

@Anonymous wrote:
Someone mentioned in a thread somewhere that the Cap1 Platinum upgraded to a Cap1 Quicksilver also upgraded benefits to MasterCard World or Elite. I only have a 300 CL. What are the facts here? Anybody know? Cap1 CS doesn't seem to know what I'm talking about....

I posted a thread about this: http://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-Progress-From-Platinum-to-World/td-p/4697524

I started with a Platinum Mastercard... product changed to the QS1... product changed to the (no annual fee) QS, and then I contacted Capital One about the Quicksilver World Mastercard and no one knew anything about it, so I wrote and faxed the CEO and the Executive Office and within a month and a half they upgraded my tier from a Platinum Mastercard Quicksilver to the World Mastercard Quicksilver. All that was required of me was patience and nothing more. I know that there is now a World Elite Mastercard Quicksilver and I am going to get my tier upgraded again.

Re: Quicksilver upgrade

Anonymous — Fri, 23 Dec 2016 02:34:43 GMT

I did a pc on a platinum with 4k limit straight to a QS WMC. There seems to be no rhyme or reason with what they do sometimes.