topic Re: Cap One QS1 PC questions --> V1 CLI Update in Credit Cards

Cap One QS1 PC questions V1 CLI Update

Anonymous — Fri, 20 Sep 2019 03:18:08 GMT

Called today to get options, spoke with 2 young ladies that I could barely understand, nonetheless some questions remain.

I too was offered a QS1 to V1 upgrade, but only on 1 of the 2 QSI's that I have(the oldest). Oddly, the one I paid off is not eligible. The card with 86% util was eligible for the Venture1.

I did not ask for a CLI on either, not offered either, paid off card upgrade offer was a temporary APR % reduction for 7 months, but nothing else. Only good thing is that the CL is also 90% Cash - Same for both cards

DATA:

QS1 - 3000 CL 82% util - 4 years old upgrade offered to V1 - SL 1000 , 1year later - 2000, 2nd year - 3000 limit

QS1 - 2500 CL 0% util - 3 Years old "no upgrades available" - SL 500 , 4 mo later - 2500 limit

I must admit, I used these 2 cards for business and carried 90% on both for @2.5 years until I no longer needed to (recently)

Ya think the second card is bucketed? SL was 500 --> 2500 4 months later, after 2 years later its still the same.

Re: Cap One QS1 PC questions

HeavenOhio — Wed, 01 May 2019 11:50:11 GMT

Grab the VentureOne upgrade. If this isn't exactly the card you want, at least you've dumped the fee. With the fee gone, upgrade offers should be eaiser to come by in the future. Start checking again in six months.

Based on a few reports around here, I think consecutive months of usage might be the ticket to getting a QS1 upgrade offer. I was able to upgrade two QS1s after 12 or 13 consecutive months of usage. It's possible that you met a "consecutive months" requirement on the card with the balance but may have broken your streak on the card that was paid off.

Re: Cap One QS1 PC questions

Anonymous — Wed, 01 May 2019 17:13:59 GMT

I think with Cap1 bucket system, product changes are much less beneficial that just app’ing for a new card.

apping for a new Venture 1 will give you a 60k miles sub and 0% interest for a year. You can then transfer that balance and close down QS1. If you want straight cash the SQ and Savor1 have cash SUB and also 0% into offers.

I think people overvalue keeping old cards open. The card will continue on your credit report for 10 years and have the the same effect on your average age of accounts during that time.

Re: Cap One QS1 PC questions

HeavenOhio — Wed, 01 May 2019 23:20:04 GMT

You can't transfer balances between cards that come from the same bank.

Re: Cap One QS1 PC questions

Anonymous — Thu, 02 May 2019 03:53:49 GMT

@HeavenOhio wrote:
You can't transfer balances between cards that come from the same bank.

Whoops. Brain fart....

Re: Cap One QS1 PC questions

Anonymous — Thu, 02 May 2019 13:31:14 GMT

I think you should go for the V1 upgrade. I don’t think the current public SUB is anything to write home about so I think it’s a good way to ditch the AF.

And then maybe hold on to the other QS1 until we start seeing more PC offers for a SavorOne in the wild.

Re: Cap One QS1 PC questions

Anonymous — Thu, 02 May 2019 16:22:25 GMT

Decided to grab the V1 upgrade, used the link found in the forums to make it happen. The good advice finally sunk in!

Requested a CLI on the other QSI - "48 Hours we will send you a document" So I guess that was a bust. 6 months I will hope for QS PC and move on up like George and Wheezy, away from C1 1st tier

Re: Cap One QS1 PC questions

Anonymous — Thu, 02 May 2019 16:31:19 GMT

Congrats on the PC! Captial One sure makes PCs easy with that hidden link.

Rest easy knowing you dropped a QS1 AF and kept your account open. Two QS1s were doing you no favors.

Re: Cap One QS1 PC questions

SoCalifornia — Thu, 02 May 2019 16:37:36 GMT

lol @Sage512MB
"Captial One sure makes PCs easy with that hidden link."

Capital One is like that bad game that came free with the console.

Re: Cap One QS1 PC questions

Anonymous — Thu, 02 May 2019 18:12:11 GMT

Congrats. I’ve never been able to get that link to work. I keep it around just in case.....

Re: Cap One QS1 PC questions

Anonymous — Fri, 03 May 2019 05:31:06 GMT

Lil surprise for me!

The CLI request was approved, kinda....

2500 went to 2750 Wahoo! So, I guess I will have to close it in Sept when the fee is due. With the 6 month rule, cant PC it until Nov. So, If I want the QS, looks like I am gonna have to apply for it. With 3 HP (1 on each CB) thats probably not gonna happen anytime soon...

and with the extra $250, who knows what kinda trouble I can get into with that kinda liquidity...

Re: Cap One QS1 PC questions

ibebarrett — Wed, 08 May 2019 03:24:12 GMT

@SoCalifornia wrote:
lol @Sage512MB
"Captial One sure makes PCs easy with that hidden link."

Capital One is like that bad game that came free with the console.

That's about the best summation I've seen of Capital One so far!

Re: Cap One QS1 PC questions --> V1 CLI Update

Anonymous — Fri, 20 Sep 2019 03:21:10 GMT

This was the Original QS1 opened in 2014 that was PC'd to a Venture1 in May 2019.

Started as $1000 card in the beginning, two CLI's to $3K (2 $1000 cli's after 12 months each) - Then for the most part the card was used like a LOC. I consistantly carried a $2500 bal OR 84% Util constant for almost 2 years. I used the card too - and PIF any activity between the 2500 - 3000 available. No CLI's though, finally retired the debt... it was 4 months after that that I was able to PC the card to a V1 - Denied the CLI but offered the V1 Upgrade

So a few days ago, I said WTHeck - and put in a CLI request ... Surprise + $3000 Now its $6K Super Happy with that for sure.

Not sure if the PC to Venture1 broke me out of some tier system or not, maybe the age actually pushed me out of the tier I started on.

Either way, I am all for it!

Re: Cap One QS1 PC questions --> V1 CLI Update

SoCalifornia — Fri, 20 Sep 2019 03:28:27 GMT

@Anonymous wrote:
This was the Original QS1 opened in 2014 that was PC'd to a Venture1 in May 2019.

Started as $1000 card in the beginning, two CLI's to $3K (2 $1000 cli's after 12 months each) - Then for the most part the card was used like a LOC. I consistantly carried a $2500 bal OR 84% Util constant for almost 2 years. I used the card too - and PIF any activity between the 2500 - 3000 available. No CLI's though, finally retired the debt... it was 4 months after that that I was able to PC the card to a V1 - Denied the CLI but offered the V1 Upgrade

So a few days ago, I said WTHeck - and put in a CLI request ... Surprise + $3000 Now its $6K Super Happy with that for sure.

Not sure if the PC to Venture1 broke me out of some tier system or not, maybe the age actually pushed me out of the tier I started on.

Either way, I am all for it!

Congrats on being one of the non-bucketted CapOne . It's a special club 🤙🏽