topic Re: Plotting to escape C1 bucket in Credit Cards

Plotting to escape C1 bucket

1LostArk — Mon, 14 Aug 2023 06:11:20 GMT

I've heard that the Platinum can only be upgraded to a Quicksilver. If that's true, would the fact that I already have a QS be what's preventing me from ever getting an upgrade on my Platinum (My Platinum has been bucketed for over a decade)? My QS is sock drawered, so would it be worth a shot to PC to a Venture One to see if I get an upgrade offer for my Platinum? Or would such a thing be an exercise in futility? I also thought about transferring limit to my Platinum now that CL transfers are back to put it well outside the bucketed range (e.g. $5,000 or whatever). Thoughts?

Re: Plotting to escape C1 bucket

Lou-natic — Mon, 14 Aug 2023 15:45:09 GMT

@1LostArk wrote:
I've heard that the Platinum can only be upgraded to a Quicksilver. If that's true, would the fact that I already have a QS be what's preventing me from ever getting an upgrade on my Platinum (My Platinum has been bucketed for over a decade)? My QS is sock drawered, so would it be worth a shot to PC to a Venture One to see if I get an upgrade offer for my Platinum? Or would such a thing be an exercise in futility? I also thought about transferring limit to my Platinum now that CL transfers are back to put it well outside the bucketed range (e.g. $5,000 or whatever). Thoughts?

Have you tried the /productupgrade trick on the website?

Re: Plotting to escape C1 bucket

Aim_High — Mon, 14 Aug 2023 16:33:52 GMT

My understanding of Capital One buckets is that once in a bucket, always in a bucket, @1LostArk. I don't think that truly "bucketed" cards escape the bucket. The "bucket" or tranche is determined at the time of approval and not further reevaluated.

A low limit card is not necessarily bucketed. My Quicksilver started out as a $1K CL Platinum card but was allowed to pc to a QS and grow 30x to $30K. So obviously, it wasn't bucketed.

As @Lou-natic mentioned, a bucketed card probably won't be shown pc opportunities.

I believe that the best way to escape the bucketed card is to just close it and apply for new, unbucketed cards once profile and FICO has improved.

Re: Plotting to escape C1 bucket

FireMedic1 — Mon, 14 Aug 2023 17:30:49 GMT

@1LostArkyes we call them bucket cards. I look at them as starter cards. They start the journey to better things. Thats probably all you could get at the time. Been there done that. Had a Plat/QS and QS1. Once I built some hisory with them. I applied and all 3 were 10k SL's. As far as it growing to 5000 or more. Highly unlikely. Use it a lot. PIF each months helps to get more. But in the end it will still be limited.

Re: Plotting to escape C1 bucket

PlntLdy101 — Tue, 15 Aug 2023 02:47:39 GMT

You can call customer service and ask about upgrades to both cards at once. I upgraded two cards together about three months ago. So, you may be able to upgrade your Platinum to a Quicksilver and your Quicksilver to a Venture or Savor. I'd confirm that they are bucketed before making decisions about closing and reapplying.