topic CapitalOne Product Change (Platinum to Venture?) in Credit Cards

CapitalOne Product Change (Platinum to Venture?)

Anonymous — Thu, 12 Jan 2012 07:55:39 GMT

Okay, so I have done some searching and heard some success stories about some people getting CapitalOne to do a product change from a Platinum to Venture.

My question is, will this affect my AAOA?

The reason I ask is because I am considering asking them and my CapOne Platinum is my oldest card and I don't want to lose the history.

Also, does anyone know if the Venture card from CapitalOne comes in the MasterCard variant?

I went to Montreal a couple weeks back and NO PLACE (I repeat NO PLACE) I went to (and I went to a lot of places) accepted VISA or DISCOVER. Luckily I had my CapOne Platinum MasterCard which worked everywhere there. And to think, I was considering CANCELING the card right before I left on my trip to Canada!

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Thu, 12 Jan 2012 08:18:51 GMT

While I can't answer the AAOA question, I do know that Cap One is a real stickler with an PCs. I remember reading that they want you to have at least $5k credit lines before they'll issue you a Venture card (although that might have changed). Also, unless you have the Platinum Prestige, I doubt you're going to have much luck getting a PC.. going from an average/subprime card to one one of their excellent credit/prime cards in a PC would take some sort of miracle.

It definitely won't hurt to try! Worst they can say is no. But unless you're exceptionally lucky, I doubt you'll have much luck with them. It is Cap One, after all. They seem to want you to re-apply any time you want any sort of product change.

Re: CapitalOne Product Change (Platinum to Venture?)

bichonmom — Thu, 12 Jan 2012 09:02:36 GMT

+1

They'll likely tell you that you need to app for the cc you want, and can't change CCs. Whatever they do do, expect 3 HP - one for each CRA.

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Thu, 12 Jan 2012 09:05:13 GMT

@bichonmom wrote:
+1

They'll likely tell you that you need to app for the cc you want, and can't change CCs. Whatever they do do, expect 3 HP - one for each CRA.

I've read that they sometimes pull only 1 for their prime products - but I wouldn't count on it. We ARE talking about Capital One, after all.

They're a good company to start with, but once you move on to prime-land, there's just better options out there.

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Thu, 12 Jan 2012 13:38:07 GMT

@Anonymous wrote:
@bichonmom wrote:
+1

They'll likely tell you that you need to app for the cc you want, and can't change CCs. Whatever they do do, expect 3 HP - one for each CRA.

I've read that they sometimes pull only 1 for their prime products - but I wouldn't count on it. We ARE talking about Capital One, after all.

They're a good company to start with, but once you move on to prime-land, there's just better options out there.

I couldn't agree more. And we haven't even mentioned the term CLI and what it means with Cap One (about as frequent as a meteorite landing in your yard). Or their oh so fantastic customer service.

I give them, they are good to rebuild with, but I say like you Andy once you can get better, there is NO reason to stay.

Re: CapitalOne Product Change (Platinum to Venture?)

visorboy1974 — Thu, 12 Jan 2012 14:26:05 GMT

They changed me to a VentureOne card from Platinum. However they initiated the PC, not me. Limit was stuck at $3250 so I closed the account in favor of other cards that actually grow.

Re: CapitalOne Product Change (Platinum to Venture?)

Strepthroat — Thu, 12 Jan 2012 15:02:33 GMT

I recently upgraded from the Platinum to the Venture card with a limit of $4,500, so I don't know how much there is to having a $5,000 limit or above for the change. Also, the change did not effect my AAOA, still says member since 2005. The Platinum card I started with is the one that grew overtime after so many months. Eventually it got to the point where my card went to 'elite status' (whatever that means) to a rewards program (points), to pacify me I guess since I hadn't had a credit limit increase in over 3 years. So I decided to change the card to the Venture card, with hopes of getting an increase in the future. But to answer the orirginal poster's question, yes you can do a product change from the regular platinum to the Venture card and not loose your AAOA.

Re: CapitalOne Product Change (Platinum to Venture?)

pizzadude — Thu, 12 Jan 2012 16:28:40 GMT

@Strepthroat wrote:
I recently upgraded from the Platinum to the Venture card with a limit of $4,500, so I don't know how much there is to having a $5,000 limit or above for the change. Also, the change did not effect my AAOA, still says member since 2005. The Platinum card I started with is the one that grew overtime after so many months. Eventually it got to the point where my card went to 'elite status' (whatever that means) to a rewards program (points), to pacify me I guess since I hadn't had a credit limit increase in over 3 years. So I decided to change the card to the Venture card, with hopes of getting an increase in the future. But to answer the orirginal poster's question, yes you can do a product change from the regular platinum to the Venture card and not loose your AAOA.

Did they do a HP for this ? Or just a PC with no inquiry ??

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Thu, 12 Jan 2012 19:11:44 GMT

@Strepthroat wrote:
I recently upgraded from the Platinum to the Venture card with a limit of $4,500, so I don't know how much there is to having a $5,000 limit or above for the change. Also, the change did not effect my AAOA, still says member since 2005. The Platinum card I started with is the one that grew overtime after so many months. Eventually it got to the point where my card went to 'elite status' (whatever that means) to a rewards program (points), to pacify me I guess since I hadn't had a credit limit increase in over 3 years. So I decided to change the card to the Venture card, with hopes of getting an increase in the future. But to answer the orirginal poster's question, yes you can do a product change from the regular platinum to the Venture card and not loose your AAOA.

How exactly did you get them to give you a PC? All I've ever gotten from them is that you have to have it available as an offer on your account - and like everyone knows, you really can't predict something like that with Cap One, regardless of how good your payment history is or how much better your credit has improved.

Re: CapitalOne Product Change (Platinum to Venture?)

Strepthroat — Fri, 13 Jan 2012 00:04:56 GMT

No special action on my part AndyK, just called the backdoor number (account specialist), about a minute later the card was changed. Rec'd the new card a days later. Wish I could offer you more, but all it took was a phone call.

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Fri, 13 Jan 2012 02:52:33 GMT

@Strepthroat wrote:
No special action on my part AndyK, just called the backdoor number (account specialist), about a minute later the card was changed. Rec'd the new card a days later. Wish I could offer you more, but all it took was a phone call.

Wow, that makes no sense to me. Even their executive office told me their hands are tied and they can't do any PCs on cards. I guess it just goes to show that nothing with Cap One makes any sense at all.

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Fri, 13 Jan 2012 02:55:25 GMT

@Anonymous wrote:
@Strepthroat wrote:
No special action on my part AndyK, just called the backdoor number (account specialist), about a minute later the card was changed. Rec'd the new card a days later. Wish I could offer you more, but all it took was a phone call.

Wow, that makes no sense to me. Even their executive office told me their hands are tied and they can't do any PCs on cards. I guess it just goes to show that nothing with Cap One makes any sense at all.

Agreed. The only thing that seems to be different is calling the backdoor number. Obviously if you call their main number, I'd bet every penny I have you will get nowhere with this. But how did this work even calling the backdoor number? I'm clueless, even more than usual.

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Tue, 06 Mar 2012 16:25:20 GMT

so anyone else do a pc from capitalone and their aaoa didn't change??? i'm about to call them and request one (platinum 3K limit)

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Tue, 06 Mar 2012 17:21:28 GMT

CO has become much stringier the last few years (probably many defaults). They don't like doing product changes unless you have a seriously legit history. They changed my wife's world MC to a venture, but that was merely from one excellent to another (same 9% APR). For me, I had two platinum cards that I asked to be combined, they refused. They refused credit limit increases as well. So I did a brand new app with them for Venture card and was approved $5k w/ signature. So weird.

Re: CapitalOne Product Change (Platinum to Venture?)

SwiftTone — Tue, 06 Mar 2012 17:47:53 GMT

I called their main number over the weekend seeking to do a PC on 2 of my platinum cards. First card has been open since 11/08 and the second card since 02/11, both with excellent payment history(their words, not mine). The second card actually has had 3 automatic CLI since opening from $300 to $1250. They said they that I was not eligible for a PC, both automatic or manual. They said I can apply for a VentureOne if I believed I have "excellent" credit, but I didn't apply because I wasn't really confident of that. My FICO is EQ 705 and TU 709.

A day later, I got an pre-qualified offer to apply for one of their other reward cards. **bleep** CapitalOne

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Tue, 06 Mar 2012 18:19:50 GMT

that's strange.......well, i might make the decision to call capitalone to see if they'll do the pc......

problem i guess i can forsee is that i've only used the card 4 different months (last 3 months) since i opened the card in dec 2010.

they did tell me a while back that if i can get a pc once i hit the limit (5K for my card, i'm at 3K, which is what i got when i first got the card)......so while it may be true i may, in the future, get a pc ONCE i hit 5K, the better question to consider is if i will ever hit 5K........

Re: CapitalOne Product Change (Platinum to Venture?)

Anonymous — Mon, 12 Mar 2012 07:22:48 GMT

update: called to ask for a CLI and PC.

no on the cli (of course).

but the pc, the supervisor said that i am eligible for a ventureone product "upgrade" and she told me that all the terms (and the account opening date) would all remain the same..........but that i had to talk to a account specialist (not open when i called).

so i'll call tomorrow morning.

Re: CapitalOne Product Change (Platinum to Venture?)

LS2982 — Mon, 12 Mar 2012 09:28:08 GMT

@Anonymous wrote:
While I can't answer the AAOA question, I do know that Cap One is a real stickler with an PCs. I remember reading that they want you to have at least $5k credit lines before they'll issue you a Venture card (although that might have changed). Also, unless you have the Platinum Prestige, I doubt you're going to have much luck getting a PC.. going from an average/subprime card to one one of their excellent credit/prime cards in a PC would take some sort of miracle.

It definitely won't hurt to try! Worst they can say is no. But unless you're exceptionally lucky, I doubt you'll have much luck with them. It is Cap One, after all. They seem to want you to re-apply any time you want any sort of product change.

Re: CapitalOne Product Change (Platinum to Venture?)

SwiftTone — Mon, 12 Mar 2012 11:18:57 GMT

which phone number did you call?

Re: CapitalOne Product Change (Platinum to Venture?)

Gollum — Mon, 12 Mar 2012 12:50:40 GMT

@Anonymous wrote:
update: called to ask for a CLI and PC.

no on the cli (of course).

but the pc, the supervisor said that i am eligible for a ventureone product "upgrade" and she told me that all the terms (and the account opening date) would all remain the same..........but that i had to talk to a account specialist (not open when i called).

so i'll call tomorrow morning.

Before you make your decision, google for

NPSL credit card

Capital One Venture One is an NPSL card (it is a Visa Signature card).