topic Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature in Credit Cards

Capital One Automatically Upgrade Quicksilver Platinum to Signature

10022016 — Thu, 29 Nov 2018 02:56:58 GMT

Is this normal?

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

Medic981 — Thu, 29 Nov 2018 03:00:42 GMT

A Signature Visa normally has a minimum $5,000 CL.

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

10022016 — Thu, 29 Nov 2018 03:24:25 GMT

@Medic981 wrote:
A Signature Visa normally has a minimum $5,000 CL.

RIght, but is it normal for CO to upgrade from Platinum to Signature automatically?

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

Ardecko — Thu, 29 Nov 2018 03:54:48 GMT

It could just be standard operating procedure. Did your limit recently go over 5k? (Have you checked recently, surprise!, maybe?)

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

10022016 — Thu, 29 Nov 2018 17:36:48 GMT

@Ardecko wrote:
It could just be standard operating procedure. Did your limit recently go over 5k? (Have you checked recently, surprise!, maybe?)

No, I just closed an account and combined credit limits; Now I have a single Quicksilver VISA at $7.5K. I started off at $500 on each of the cards, a student credit card 3 years ago.

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

FinStar — Thu, 29 Nov 2018 04:32:35 GMT

OP, this is pretty normal.

Although, not as prevalent or frequent, Capital One tends to upgrade a variety of their products. Whether it's the tier level (depending on the payment network) Platinum > Signature/World/World Elite to product upgrades like Venture One > Venture, for instance.

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

Ardecko — Thu, 29 Nov 2018 13:09:05 GMT

So, your credit limit just increased on this card... I wonder if that's related...

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

10022016 — Thu, 29 Nov 2018 17:44:01 GMT

I don't think CO would simply automatically upgrade to a signature simply because the credit card limit has increased above 5k. In my case the card increased because I closed the other Quicksilver CC and combined the limit to my Quicksilver VISA. Seems there are a few people here who posted topics wanted to upgrade Platinimum to Signature but have failed despite have over 5K for a few years. It would be interesting to know how CO system makes decisions.

Re: Capital One Automatically Upgrade Quicksilver Platinum to Signature

RonM21 — Thu, 29 Nov 2018 23:56:48 GMT

In my experience from what I've seen, the method or way in which Cap1 makes some of their decisions can leave one scratching their head. But if this ends up being an opportunity to have a better card/limit now an down the road, then I'd run with it and take advantage.