topic Re: PC QS to Venture/Venture One or Savor in Credit Cards

PC QS to Venture/Venture One or Savor

arenglish — Thu, 21 Jun 2018 01:06:03 GMT

Hey all,

Looking for advice from someone that has experience with a pc from Cap1 from QS to either the Venture/Venture One or Savor. I called a CSR and was told I wasn't eligible. Has anyone been able to get around this? The card has a low limit ($500) and is currently just collecting dust and the ooccasional Spotify sub. Thanks!!

Re: PC QS to Venture/Venture One or Savor

wasCB14 — Thu, 21 Jun 2018 01:21:22 GMT

Venture or Savor...maybe for the right spend. It would be a stretch.

But what upside would there be to PCing to Venture One?

Just getting a new card with a nice bonus or useful features might be better than paying an AF for a 2% Venture.

Or would you be using the TSA/GE credit on Venture, and not get it any other way?

Re: PC QS to Venture/Venture One or Savor

arenglish — Thu, 21 Jun 2018 01:27:25 GMT

I already have TSA Precheck and was honestly looking for a card for travel rewards and trying to sidestep a hardpull. I was thinking about the Savor because I do eat a lot .

Re: PC QS to Venture/Venture One or Savor

wasCB14 — Thu, 21 Jun 2018 01:45:48 GMT

It would take a lot of spend (and an extreme determination to avoid a HP and new account) for a 2% card with a $95 AF to net you more than a 1.5% card with no AF.

3% on dining? Maybe, but Amazon already gives you 2%. I don't know what the USAA card gives.

QS gives you 1.5% that you can use for anything. V1 gives you 1.25% that (I think) can only be redeemed at full value for travel. Think about that. You'd be better off taking cash back from QS and just using the money to book travel. More in rewards, and more flexibility.

V1 calls itself a travel card, but it's really nothing special (apart from I think giving a better bonus than QS)...but when you PC you won't get the bonus (unless targeted for a PC, and I don't know if Cap1 does that or how often).

Re: PC QS to Venture/Venture One or Savor

Anonymous — Thu, 21 Jun 2018 11:09:30 GMT

I'm in the same boat as the OP. I have a Quicksilver card with a similar limit and now have an Amex Cash Magnet with the same 1.5% cashback but 10x the limit. Not sure what to do with my Quicksilver now as PCing to the Savor would be pointless with the Uber card. And it doesn't seem like PCing to the Venture makes much sense either.

Re: PC QS to Venture/Venture One or Savor

NRB525 — Thu, 21 Jun 2018 12:52:49 GMT

@arenglish wrote:
Hey all,

Looking for advice from someone that has experience with a pc from Cap1 from QS to either the Venture/Venture One or Savor. I called a CSR and was told I wasn't eligible. Has anyone been able to get around this? The card has a low limit ($500) and is currently just collecting dust and the ooccasional Spotify sub. Thanks!!

Why don't you use the QS more often? The cards you have indicate you are building your credit, and with any $500 card, the usual concerns about utilization need to be relaxed. There is a lot of chatter on this board that going over 30% is a terrible idea, but with a $500 limit, and the fact that utilization is a point-in-time measure, I would suggest using the QS more often. With heavier usage, getting closer to that $500 limit, perhaps a PC offer to the Savor will show up eventually, saving the 3x HP. You'd be earning 1.5% anyhow, so there's that.

Re: PC QS to Venture/Venture One or Savor

HeavenOhio — Thu, 21 Jun 2018 15:33:05 GMT

@wasCB14 wrote:
It would take a lot of spend (and an extreme determination to avoid a HP and new account) for a 2% card with a $95 AF to net you more than a 1.5% card with no AF.

It takes $19K in spending to break even with the 1.5% on the Quicksilver. And as mentioned, redemptions are more restrictive than on the QS.

Based on the standard reward structure, the Venture requires a lot of spending, and the VentureOne doesn't really cut it at all. There are two scenarios that make these cards useful, though:

The signup bonuses are generous, but you only get them by applying for and acquiring a new card.
The 10x hotels.com reward that's in effect for the next couple of years.

I'd consider the PC if you can make sufficient use of the hotels.com reward. Otherwise, I'd stick to the QS.

Re: PC QS to Venture/Venture One or Savor

Sloedough — Thu, 21 Jun 2018 22:01:00 GMT

There is a post about this
https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

There is a link in the post to Cap1 upgrade check.

Re: PC QS to Venture/Venture One or Savor

HeavenOhio — Fri, 22 Jun 2018 00:43:25 GMT

Thanks for the link. It should be noted that Savor upgrades haven't been known to show up via that link. If you're interested in product-changing to a Savor card, you'll need to call in or chat.