topic Re: Quicksilver => Venture X in Credit Cards

Quicksilver => Venture X

onepeace25 — Fri, 18 Nov 2022 22:23:39 GMT

Hi guys, I am considering product changing my QS for the Venture X but have some concerns. Firstly, I have a lot of HP, maybe 11 last one being July 22 but none since. I saw somewhere that for Venture X CapOne is sensitive to inquiries so I wanted to get yall to weigh in on my changes of doing a product change to it instead of new app. Second concern is my QS has a CL of 500. I have been bucketed since I opened this card and have never been able to get a CLI. All other cards at at least 1000 CI, max being 12k CI. More info on signature. TYIA!

Re: Quicksilver => Venture X

C6 — Fri, 18 Nov 2022 23:22:05 GMT

I'd be cautious. If you have an upgrade available it will be listed in your account and there would be no underwriting. Otherwise plan on three hard pulls. The Visa. Infinite card has a minimum credit line and based on your profile I think going from $500 to $10K is reaching.

Re: Quicksilver => Venture X

wingennis — Fri, 18 Nov 2022 23:22:25 GMT

Good afternoon @onepeace25 !

I've never had an HP for product changing a Capital One card. Of course as soon as I say that it will have been their policy all along. My thought is that your credit limit is the bigger barrier. The Venture X is a Visa Infinite card and has a minimum credit limit.

Re: Quicksilver => Venture X

onepeace25 — Fri, 18 Nov 2022 23:32:45 GMT

Thanks for the response! I have tried in the past getting a higher limit on this card, but have been denied everytime. I also have a savor one card that I use more frequently with a 1000 CL. Should I continue to try to get a CLI on QA (pretty sure im bucketed)? I've also considered just closing this QS since I no longer use it (Citi Double cash is my catch all) and later applying for venture x (or sooner)

Re: Quicksilver => Venture X

GZG — Fri, 18 Nov 2022 23:59:14 GMT

@onepeace25 wrote:
Hi guys, I am considering product changing my QS for the Venture X but have some concerns. Firstly, I have a lot of HP, maybe 11 last one being July 22 but none since. I saw somewhere that for Venture X CapOne is sensitive to inquiries so I wanted to get yall to weigh in on my changes of doing a product change to it instead of new app. Second concern is my QS has a CL of 500. I have been bucketed since I opened this card and have never been able to get a CLI. All other cards at at least 1000 CI, max being 12k CI. More info on signature. TYIA!

are you being offered a product change?

add /productupgrade to the end of the link for your QS account on desktop to see if they are willing to PC your QS to anything. It checks, and there's no HP for looking or accepting a PC from that screen. If you do it right, you'l see a list of options or this:

Considering it has a 500 CL, I highly, highly doubt they're going to offer you a venture x PC.

You would probably have to do a new app if you wanted one.

Re: Quicksilver => Venture X

OmarGB9 — Sat, 19 Nov 2022 05:29:03 GMT

I'm not sure PCs to a VX are even an option to be honest. I don't know that I've heard of any. But even if they are, as others have said, the minimum SL on a VX is $10k, so your QS would definitely not qualify based on that alone. And if it's bucketed, I don't think it'll *ever* reach $10k.

Re: Quicksilver => Venture X

FireMedic1 — Sat, 19 Nov 2022 10:51:59 GMT

This is why its best to move on:

4 Settled CO. Paid for settlement in January 2020~
(Update: July 2022):
AAoA - 2 Years 2 Months
Oldest Card: Discover IT - 1 Year 8 Months
Youngest Card: Affinity FCU Cash Rewards - Opened July 29, 2022

Current FICO 8 scores:
Transunion: 694

From your siggy. You'll need a thick clean older file and hardly any inq's. 11 is a bit too much. The CO's need to fall off. And your oldest card is the one that's still reporting even if its one of the CO's. Keep on rebuilding. Cant grab the top spot just yet.

Re: Quicksilver => Venture X

FinStar — Sat, 19 Nov 2022 16:37:11 GMT

@OmarGB9 wrote:
I'm not sure PCs to a VX are even an option to be honest. I don't know that I've heard of any. But even if they are, as others have said, the minimum SL on a VX is $10k, so your QS would definitely not qualify based on that alone. And if it's bucketed, I don't think it'll *ever* reach $10k.

Yes, PCs to Venture X are an option for select cardholders, much the same way when PC'ing from QS>Venture or viceversa, for example. However, in the OP's case, that would be unlikely based on the type of account + CL.

Re: Quicksilver => Venture X

drboxing — Sat, 19 Nov 2022 16:53:36 GMT

Keep in mind the lowest limit on the Venture X is $10k, they check all three credit bureaus/scores. However my wife had a Quick Silver card with a $600 limit, she was continuously denied for an increase but was approved for the venture x. The venture X in my opinion is a great card, AU’s also get the same perks

Re: Quicksilver => Venture X

FLLGuy — Sat, 19 Nov 2022 19:40:50 GMT

@onepeace25 I agree with others seems bit of a reach, you can however do a "tippy-toe" test by doing the Cap1 prequal site. If you see all Venture card options along with all the "excellent/good credit cards on the page" on your prequalification then that could be a good sign. Possibly even Credit Karma could also give a warm-fuzzy (but don't rely on CK either), it's just for pulse rating. However, YMMV - if you decide to eat the 3x HPs for the exploration.

Re: Quicksilver => Venture X

NoMoreE46 — Tue, 22 Nov 2022 11:17:36 GMT

OP,

As @FinStar noted, some will have the choice to PC. This is a screenshot from my Quick Silver:

With your current profile, you will not have any offers to PC to any of their other cards.

Build up your profile and then maybe cold app for the Ven X. Looking forward to when to report your success!

Re: Quicksilver => Venture X

notmyrealname23 — Tue, 22 Nov 2022 14:04:24 GMT

@OmarGB9 wrote:
I'm not sure PCs to a VX are even an option to be honest. I don't know that I've heard of any. But even if they are, as others have said, the minimum SL on a VX is $10k, so your QS would definitely not qualify based on that alone. And if it's bucketed, I don't think it'll *ever* reach $10k.

Did it about a year ago after being denied on application. I had PC'ed Venture->VentureOne-->QS and had an 12k CL.

I lost a SUB but managed to get 2 $400 travel credits somehow + a 25k referral bonus (and the original 50k for being a Venture) and I've got a lot of points off a SavorOne/VentureX combo in the intervening year so it's been worth it.

Re: Quicksilver => Venture X

Aim_High — Tue, 22 Nov 2022 17:25:39 GMT

@NoMoreE46 wrote:
OP,
As @FinStar noted, some will have the choice to PC. This is a screenshot from my Quick Silver:

With your current profile, you will not have any offers to PC to any of their other cards.
Build up your profile and then maybe cold app for the Ven X. Looking forward to when to report your success!

Just curious, @NoMoreE46 and @notmyrealname23, but is/was your Quicksilver a Visa or Mastercard? I suspect a Visa??

Capital One has issued the card on either network over the years. Mine (from 2009) is a Mastercard. They have been offering me the PC option to either Venture or Venture ONE but (NOT) Venture X. The difference appears to be that the Venture X is a Visa Infinite versus a Mastercard.

Re: Quicksilver => Venture X

mgood — Tue, 22 Nov 2022 18:16:59 GMT

@Aim_High wrote:
@NoMoreE46 wrote:
OP,
As @FinStar noted, some will have the choice to PC. This is a screenshot from my Quick Silver:

With your current profile, you will not have any offers to PC to any of their other cards.
Build up your profile and then maybe cold app for the Ven X. Looking forward to when to report your success!
Just curious, @NoMoreE46 and @notmyrealname23, but is/was your Quicksilver a Visa or Mastercard? I suspect a Visa??

Capital One has issued the card on either network over the years. Mine (from 2009) is a Mastercard. They have been offering me the PC option to either Venture or Venture ONE but (NOT) Venture X. The difference appears to be that the Venture X is a Visa Infinite versus a Mastercard.

I didn't think of the Visa/MC change. You're probably right. My QS is a MC and it (almost) always says I can "upgrade" it to Venture or VentureOne. I'm not entirely convinced those would be upgrades for me. My limit is $5850 and I'm sure that if you don't have a $10k+ limit and Cap 1 isn't in the mood to give you a CLI to $10k, then you can forget about changing that card to the VentureX. Maybe they'll approve one as a new account, but I wouldn't bet on it.

Re: Quicksilver => Venture X

NoMoreE46 — Tue, 22 Nov 2022 18:26:54 GMT

@Aim_High,

My QS is a Signature but originated as a Venture.

Here is my backstory on it. I had cold app for the Venture card (Signature) in 2017 when the AF was $59 vs the current $95.

With the buzz beginning for the X card, I was able to PC my Venture to the Venture X (Infinite) by phone in Nov. 2021.

I guess buyers remorse was kicking in with the $395 AF coming due.

I mathed out that the X wasn't going to be of value to me/current situation. I called back in March and was given three PC options from the X:

1) Venture with a $95 AF

2) Venture One

3) QuickSilver

I really wanted to reallocate my entire X CL to my Savor but this wasn't on the table (I asked!) so I chose the QS.

Re: Quicksilver => Venture X

NoMoreE46 — Tue, 22 Nov 2022 18:34:46 GMT

@mgood @Aim_High ,

Right, I think some of us here are trying to confirm IF Capital One is slotting one's PC opportunities based on your current MC or Visa designation.

It seems like that this is the case since one will retain the

same limit, APR and card number with the PC.

Re: Quicksilver => Venture X

Aim_High — Tue, 22 Nov 2022 18:38:12 GMT

@mgood wrote:
@Aim_High wrote:
Just curious, @NoMoreE46 and @notmyrealname23, but is/was your Quicksilver a Visa or Mastercard? I suspect a Visa??

Capital One has issued the card on either network over the years. Mine (from 2009) is a Mastercard. They have been offering me the PC option to either Venture or Venture ONE but (NOT) Venture X. The difference appears to be that the Venture X is a Visa Infinite versus a Mastercard.
I didn't think of the Visa/MC change. You're probably right. My QS is a MC and it (almost) always says I can "upgrade" it to Venture or VentureOne. I'm not entirely convinced those would be upgrades for me. My limit is $5850 and I'm sure that if you don't have a $10k+ limit and Cap 1 isn't in the mood to give you a CLI to $10k, then you can forget about changing that card to the VentureX. Maybe they'll approve one as a new account, but I wouldn't bet on it.

Thanks for that data point, @mgood. I think that network is a consideration on PC to Venture X. I have the $10K+ CL on Quicksilver (currently sits at $28K) but I've never seen a PC option to Venture X.

Like you, I don't see Venture (or definitely Venture ONE) as an "upgrade." Maybe if I had no 2% cards, planned to use the Venture points for travel, and had no other travel cards it might be a consideration. But 2% cards are so common and I have much better options. Venture X is more competitive IMO for travel, even with the higher fee due to credits and perks. I doubt I would use Venture enough to justify even a $95 AF. It duplicates my other cards.

Re: Quicksilver => Venture X

Aim_High — Tue, 22 Nov 2022 18:44:12 GMT

@NoMoreE46 wrote:
@mgood @Aim_High ,

Right, I think some of us here are trying to confirm IF Capital One is slotting one's PC opportunities based on your current MC or Visa designation.

It seems like that this is the case since one will retain the
same limit, APR and card number with the PC.

Exactly, @NoMoreE46. I had noticed the lingo about the card number before, and Mastercard versus Visa would require a different card number per network designation. (4xxx = Visa; 5xxx = Mastercard.) I would imagine that MC/Visa have some stipulations that prevent issuers from changing a card's network ... in some cases. Although if I'm not mistaken, Chase allowed PC of the OG Freedom Visa to the Freedom Flex Mastercard. It probably depends on that specific issuer's agreements and terms.

Re: Quicksilver => Venture X

UncleB — Tue, 22 Nov 2022 20:09:24 GMT

In the past Capital One never seemed to care what network a particular card was on when it came to doing a product change. If you dig around enough, you'll even find some members on this site who have a Savor Visa card due to PC (which has never been an option for new apps).

The Venture X seems to be the exception to this, though. I suspect that's because the Venture X is a Visa Infinite card, and World Elite MasterCard isn't really equivalent. To get the suite of benefits associated with "Venture X" the account needs to be an Infinite card, which is only possible with Visa.

Also, FWIW Capital One has never been willing/able to change a card from MasterCard to Visa (or vice versa) on request. They have been known to change the network of Discover and Amex cards acquired due to mergers, etc. (usually to MasterCard) but those are the exceptions to the "rule."

Just my 2¢.

Re: Quicksilver => Venture X

mgood — Tue, 22 Nov 2022 21:57:32 GMT

@Aim_High wrote:
@NoMoreE46 wrote:
. . . and card number . . .
Exactly, @NoMoreE46. . . .
4xxx = Visa; 5xxx = Mastercard. . . .

I was going to say that. You beat me to it