topic Re: How do you feel about Quicksilver? in Credit Cards

How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 14:14:55 GMT

Looking for opinions on the Capital One Quicksilver. Not the QS1, the regular one. From what i understand its a visa signature? At one time this was my goal card. I applied for it 1 year ago and was denied.

I guess I'm curious peoples experience with this card and if they love it, hate it or maybe neither? I dont have any capital one cards except my CO backed Kohls card....Also, I cant find alot of DP's on approvals for this card either.

Any input would be great. Was thinking of maybe applying in November but not sure if I will get approved.

Re: How do you feel about Quicksilver?

Anonymous — Sat, 20 Jun 2020 14:57:44 GMT

Perfectly fine card.

No annual fee.

1.5% back.

Will cost a hard-pull from each of the three credit reporting agencies instead of just one or two as with most cards.

Two years after application there will be no sign of those pulls on the credit reporting agency files.

When was the Kohl's charge off?

Edit: Tried to speed read and misread CO as charge-off not CapitolOne.

When was the successful Kohl's application?

Re: How do you feel about Quicksilver?

Anonymous — Sat, 20 Jun 2020 14:53:11 GMT

the QuickSilver is one of my backup cards for foreign travel (no fees). There's nothing terribly interesting about the card but it works reliably. For some reason Capital One doesn't require travel notifications.

Re: How do you feel about Quicksilver?

Brian_Earl_Spilner — Sat, 20 Jun 2020 15:16:58 GMT

@Anonymous wrote:
the QuickSilver is one of my backup cards for foreign travel (no fees). There's nothing terribly interesting about the card but it works reliably. For some reason Capital One doesn't require travel notifications.

This in a nutshell. It's a basic card with run of the mill rewards. The real benefit is cap1 is reliable and your card will always work. If you're just interested in the rewards, you can apply for a Platinum and product change it to a QS in about 4 months.

Re: How do you feel about Quicksilver?

Anonymous — Sat, 20 Jun 2020 15:23:18 GMT

^^^ this. I got mine as a converted platinum which is bucketed. Because of this it'll stay in low-limit hell ($600) probably forever. If you're approved straight up for a QS it has the potential to eventually grow to a good size with a lot of use.

Mine is forever relegated to a backup card that'll get a couple swipes a month and as a gas card for my daughter to use. Good enough.

Re: How do you feel about Quicksilver?

Anonymous — Sat, 20 Jun 2020 15:42:16 GMT

A while back, IMO the Quicksilver was a "best in class" card. It has three good features which are usually not all present in the same card:

1) No FTF

2) No minimum redeption

3) Rewards become available as transactions post, no need to wait till statement close

(The last is still somewhat unusual).

However, times have moved on and with 2% (and to a lesser extent 3%) cards with no FTF becoming available, the QuickSilver is much less compelling, especially with the 3 HP expectation.

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 16:13:32 GMT

@Anonymous

Ive had my kohls card for almost 4 years. September is its 4th birthday! Limit $3,000 which is the max allowed for that card.

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 16:12:41 GMT

Thanks everyone for your opinions. I know there are higher rewards rates with other cards but I was thinking more along the lines of a good general card reliable card. People seem to like it.

My scores are in my sig....You think id be approved? Only baddies are student loan lates that are due to fall off July of next year.

Re: How do you feel about Quicksilver?

Remedios — Sat, 20 Jun 2020 16:13:08 GMT

Having kohl's card will not have any impact on QS application.

If you think QS one is a good match for you, go for it, but only if reasons for previous denial have been resolved.

If the reasons for denial are still present, you can expect the same outcome.

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 16:16:34 GMT

@Remedios

Honestly i cannot remember the reasons for the denial. I applied for that card like a week before i ended up having surgery so things got hectic and for life of me i cant remember but I want to say it was my score. My score was more like 680 then instead of over the 700 mark. For some reason my EQ score still says 681...IDK why bc theres nothing diff than the other 3? It has 4 INQ on it where EX has 3 and TU 1. But other than that idk.

Re: How do you feel about Quicksilver?

ironchef — Sat, 20 Jun 2020 16:17:41 GMT

Gonna Make this short , Simple and Sweet .... NOT a Fan Of Cap one !!!

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 16:20:01 GMT

@ironchef

I see some people have strong feelings about cap one. What makes you feel that way? Im just curious. I know they do 3B pull for each app, thats kind of deterring.

Re: How do you feel about Quicksilver?

Girlzilla88 — Sat, 20 Jun 2020 16:33:13 GMT

Honestly we like it It was the first card that accepted my DH lol he started at a Plat and upgraded to QS I see nothing wrong with it it is only a 500 CL for him but he had no CC history or loan history etc and they started him at 300 for the Plat so he must be doing something right. He just likes to use it for random groceries and gas and our Xfinity bill lol. So maybe if you plan to use it for bigger things maybe it might make you upset you aren't growing as fast as some others but again we have no complaints or problems with it ^^

Re: How do you feel about Quicksilver?

Jannelo — Sat, 20 Jun 2020 16:40:23 GMT

What's the rest of your credit report history? Clean file? Any COs? Lots of inquiries? As far as from your FICO scores alone, I would think you would be approved for the Quicksilver.

I am still in the reuilding phase as far as better credit card approvals, so I am limited anyway. But I love my QS1 and product-changed QS (it started out as a Platinum), because I love their website layout, ease of rewards reporting and redeeming. It is a reliable card in all ways. I've gotten a few CCs now as far as, hopefully, receiving better limits one day, but I still use my Cap One cards a lot. I wish I had higher CLs on them, but they started out bucketed. I pay in full, so other negatives not really an issue.

Discover is a great card also, and that first year will really bring you nice rewards. You should check on Discover and see if you prequalify for their cards. I'm a fan of the website layout also.

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 16:40:34 GMT

@Jannelo

The only baddies i have are student loan lates that are due to fall off July of next year. Other than that nothing. No charge offs or collections.

Inquiries are: EX 3 - EQ 4 - TU 1 (zero in the last 6 months)

My CC's are:

BOA cash rewards $2,000 CL

CU credit card $3,000 CL

Best buy VISA $2,500 CL

Kohls $3,000 CL

Home depot $5,000 CL

UTIL 1% , only 1 card reporting a balance (my BOA)

Average age 2 years 7 months right now

Re: How do you feel about Quicksilver?

Jannelo — Sat, 20 Jun 2020 16:52:48 GMT

@Doodlebug30 wrote:
@Jannelo
The only baddies i have are student loan lates that are due to fall off July of next year. Other than that nothing. No charge offs or collections.
Inquiries are: EX 3 - EQ 4 - TU 1 (zero in the last 6 months)
My CC's are:
BOA cash rewards $2,000 CL
CU credit card $3,000 CL
Best buy VISA $2,500 CL
Kohls $3,000 CL
Home depot $5,000 CL

UTIL 1% , only 1 card reporting a balance (my BOA)
Average age 2 years 7 months right now

Well, you are in a whole different boat than me. LOL I have negatives on my file that only time can heal. You're doing great.

You have the BOA cash rewards. Would the Cap One SavorOne be a good fit for you, or do you just want an across-the-board 1.5 percent cash rewards card, no categories, with hopefully a better starting limit than your BOA $2,000 CL?

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 17:02:24 GMT

@Jannelo

Yeah i dont have any issues with categories. The only reason i was thinking the quicksilver is because its a visa signature and i am kind of looking for a better starting limit. IDK if the savor is? BOA hands down flat out REFUSES to give me more than the $2K i started at. I have asked a couple times bc its a SP. The reason says "Serious delinquency" which would be the old student loan lates. Even tho they approved the card with those on file?? It urks me!! LOL. So i gave up asking. i will wait until next July when my file is clean and see how they feel about me then lol. Im greatful for what they did give tho!!

Re: How do you feel about Quicksilver?

Doodlebug30 — Sat, 20 Jun 2020 17:11:22 GMT

My newest goal card is actually the discover it. Which i was preapproved for on the website for 16.99 APR but everyone is talking about disco doing the 4506T crap & i dont know if i feel like dealing with all that just to be approved for a card.

At this point im really just waiting for the last late payments to age off & in the meantime trying to add accounts strategically that i can have for a long time. Thicken up my file so to say....

Re: How do you feel about Quicksilver?

Anonymous — Sat, 20 Jun 2020 17:14:17 GMT

I like my Capital One cards and I like Capital One. Adding to the reasons that have already been stated, customer service has been great even with complicated disputes and the virtual credit card feature is something I make frequent use of through the Eno browser extension so that I don't have to use my real card number online and risk it being compromised on some random website.

I like Capital One's mobile app and they've been one of my more generous lenders for some reason ($18,250 in limits between my two cards with income under $19K). My V1 is my oldest card right now and I will PC it back to QS ASAP. I'll always try to keep that card, even if I eventually downsize my cards later.

Re: How do you feel about Quicksilver?

Jannelo — Sat, 20 Jun 2020 17:26:10 GMT

@Doodlebug30 wrote:
@Jannelo
Yeah i dont have any issues with categories. The only reason i was thinking the quicksilver is because its a visa signature and i am kind of looking for a better starting limit. IDK if the savor is? BOA hands down flat out REFUSES to give me more than the $2K i started at. I have asked a couple times bc its a SP. The reason says "Serious delinquency" which would be the old student loan lates. Even tho they approved the card with those on file?? It urks me!! LOL. So i gave up asking. i will wait until next July when my file is clean and see how they feel about me then lol. Im greatful for what they did give tho!!

The SavorOne isn't one of their subprime cards. It's in the same category as the Quicksilver, I believe. Someone can correct me if I'm wrong. And maybe someone on here can give you DPs on their approval for the Quicksilver and/or SavorOne to help you gauge on your approval likelihood. It's a shame they've taken away the pre-qualify feature for their prime cards. Hopefully, it comes back

Edit: Never mind. I thought you meant in the same category a different way. You meant VISA. So scratch the first part.

GL!