Capital One Product Upgrade - Advice needed

furthur — Fri, 29 May 2020 23:47:45 GMT

Full disclosure, I posted a similar thread several months ago, however some circumstances have changed and I'm looking for new advice on it.

I have a Capital One Venture card that I had since last August. The $95 AF was waived for the first year, thus I have not paid any AF on the card yet, however I do have over 60,000 points from the SUB and some spend. I know the genreal consensus is that the card is not worth the AF for reasons other than the SUB.

For the past several months there has been an upgrade offer for the VentureOne, which is also not all that great of a card. However today I checked and it's also offering an upgrade to Quicksilver. I guess the two question I have are as follows:

If I upgrade before the first year and I still haven't paid any AF, even though they are fully offering it for me, am I at risk of my Rewards being clawed back? (this is the question I asked last time)
I generally value points over cash back, however I don't have much value for Capital One miles. Would it be more worthwhile to upgrade to the QS and have those points basically convert to a large amount of cash to cover any purchase? Or would it be wiser to upgrade to VentureOne and transfer the points possibly to an airline partner at a lower ratio?

Regardless of if the card is a Venture, VentureOne, or Quicksilver, quite honestly this isn't a card I'm planning on having major spend on going forward as I'm generally tied to my MR and TYP earning cards.

Re: Capital One Product Upgrade - Advice needed

wasCB14 — Fri, 29 May 2020 23:56:35 GMT

I PCed from Savor to QS via the link at 11.5 months. AF was waived the first year. Second year's AF never hit. I kept the SUB.

I closed the account yesterday, 4 months after the PC. I have a BBP and a 2.625% Premium Rewards card, so Cap1 is kind of useless for me after the SUB.

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Capital One Product Upgrade - Advice needed

Re: Capital One Product Upgrade - Advice needed