topic Re: Cap1 Plat to Venture 2 PC Success! in Credit Cards

Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sun, 12 Aug 2012 19:38:03 GMT

Just wanted to share another Cap1 PC success story.

I just got off the phone with "senior account specialist" Bob. I called through the 9399 number listed on the backdoor numbers sticky.

He started by giving me the weather report at home. This seems to be the standard icebreaker. I then simply said I want to PC from the Platinum card to the Venture Rewards card. He asked me to specify which one. He called them the "Venture 1" and "Venture 2." I told him I wanted the Venture 2. He took a few seconds to check on my upgrage eligibility, then came back and said I was eligible to upgrade (Cap1 website said I wasn't). He read the disclosure, which includes agreeing to no account upgrades for 6 months, I agreed, and that was it. Card will arrive in 7-10 days. Easy peasy.

Hope this helps someone else considering the swap. For comparison, my account is 20 months old, CL is $5K, and in good standing with 11% util.

-SB

Re: Cap1 Plat to Venture 2 PC Success!

Open123 — Sun, 12 Aug 2012 19:31:50 GMT

Amazing!

Times are a'changin. I can't ever recall reading of successful upgrade and product changes with CapOne. This is certainly a good sign.

Re: Cap1 Plat to Venture 2 PC Success!

jsucool76 — Sun, 12 Aug 2012 20:11:10 GMT

Did you have the regular platinum (Either platinum or plat classic) or did you have plat prestige? Even more impressive if you had one of the "Average" platinums, since that is from average to excellent.

Well I just saw your CL was 5k so I assume it was a plat prestige.

Congrats. They gave me platinum to cash rewards with no AF a month ago.

Did they let you keep the platinums AF or did they bump you up to $59 for the venture?

Re: Cap1 Plat to Venture 2 PC Success!

asteroidblues86 — Sun, 12 Aug 2012 20:18:10 GMT

Congrats. I have the Venture One gold card myself and I love how the miles post right away. You don't have to wait for your statement to cut.

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sun, 12 Aug 2012 20:28:48 GMT

@jsulcool: I actually had the regular old platinum card. Started with a $2K limit, got autoCLI after I guess 12 months to $5K. Never even asked for it. Until I joined this board, I hadn't even considered the possibility of a product change. I have learned a lot in a short period of time! Unfortunately, I am stuck with the new AF.

Re: Cap1 Plat to Venture 2 PC Success!

Scuba — Sun, 12 Aug 2012 20:32:53 GMT

Which is witch? Venture 1 and Venture 2?

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sun, 12 Aug 2012 20:37:01 GMT

@Scuba wrote:
Which is witch? Venture 1 and Venture 2?

Venture One = 1.25 miles per $1 spent.

Venture Rewards = 2 miles per $1 spent.

-SB

Re: Cap1 Plat to Venture 2 PC Success!

Anonymous — Sun, 12 Aug 2012 20:46:56 GMT

I've wondered if pc to higher end cards will result is more cli etc.

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sun, 12 Aug 2012 20:54:03 GMT

@Anonymous wrote:
I've wondered if pc to higher end cards will result is more cli etc.

I would tend to think so. We'll find out in six months . . .

Re: Cap1 Plat to Venture 2 PC Success!

Anonymous — Sun, 12 Aug 2012 20:59:47 GMT

@starboundphoenix wrote:
@Anonymous wrote:
I've wondered if pc to higher end cards will result is more cli etc.
I would tend to think so. We'll find out in six months . . .

friend who had average credit when he got cap one has seemed to top out at 3.5k limit but was offered pc recently. The rewards are actually worse on pc card as he had the 5pt on gas/grocery card with af. Asked for my advice. Never heard from others if it seemed like cli would start again with pc.

Re: Cap1 Plat to Venture 2 PC Success!

Anonymous — Sun, 12 Aug 2012 21:02:22 GMT

Congrats on the PC! Seems like Cap1 is becoming more flexible with PC, I'll try for the same after 6 mo.

Re: Cap1 Plat to Venture 2 PC Success!

jsucool76 — Sun, 12 Aug 2012 21:06:06 GMT

I would call up and ask them to give you the platinum's AF.

When I got my PC

-begin copy/paste-

Faye: "Yes, your account number will remain the same and every thing else will also remain the same except that you will earn cash back on every purchase."

I assume this would be the same for you except with miles.

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sun, 12 Aug 2012 21:10:54 GMT

For my own part, I am happy with $5K for now. It's my oldest open CC with the exception of my $8.7K limit Military Star card (more of a store card), so I want to hold onto it regardless. Especially since NFCU gave me $10K initially on their Flagship, I am not worried that I can get good the kind of high limit prime cards I want in the future when my inqs are down and my score has come up some more.

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sat, 18 Aug 2012 11:56:35 GMT

This has been an interesting progression to watch. So far online, I have seen that I am enrolled in the no hassle rewards program (2pts/$1) and that my card has changed from the Plat to a World MasterCard. I am curious to see what comes in the mail. The World MC is definitely not the Venture Visa Signature. I already have a Visa Sig so not a huge deal, but if I do indeed get the World MC that is NOT what the CSR told me would happen. I think if that ends up being the case I should ask for a refund on the new $59 AF.

This story seems similar to another I have seen on here before.

Re: Cap1 Plat to Venture 2 PC Success!

youngandcreditwrthy — Sat, 18 Aug 2012 14:54:34 GMT

Doesn't the Venture that get 2pts per dollar have an AF v. the 1.25 per dollar, whcih does not have an AF?

Wish I could get a CLI on C1. UGH

I did get a product change from a reg Platinum to a No Hassle Cash in Nov.; I get 1.25% cashback on EVERY purchase, but still stuck at $1,300 with C1. No AF here either!

Re: Cap1 Plat to Venture 2 PC Success!

Anonymous — Sat, 18 Aug 2012 14:59:36 GMT

@starboundphoenix wrote:
This has been an interesting progression to watch. So far online, I have seen that I am enrolled in the no hassle rewards program (2pts/$1) and that my card has changed from the Plat to a World MasterCard. I am curious to see what comes in the mail. The World MC is definitely not the Venture Visa Signature. I already have a Visa Sig so not a huge deal, but if I do indeed get the World MC that is NOT what the CSR told me would happen. I think if that ends up being the case I should ask for a refund on the new $59 AF.

This story seems similar to another I have seen on here before.

I'd guess they would switch to visa sig upon request.

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sat, 18 Aug 2012 16:12:27 GMT

@youngandcreditwrthy wrote:
Doesn't the Venture that get 2pts per dollar have an AF v. the 1.25 per dollar, whcih does not have an AF?

Yes. I got upgraded to the Venture Rewards. 2 pts/$1. Agreed to annual fee of $59. That's why I am saying I am confused as to why I seem to only be getting a program upgrade and not the actual card.

Re: Cap1 Plat to Venture 2 PC Success!

iMacDrew — Sat, 18 Aug 2012 16:29:10 GMT

congrats thats a nice PC!

Re: Cap1 Plat to Venture 2 PC Success!

starboundphoenix — Sat, 18 Aug 2012 19:48:04 GMT

@iMacDrew wrote:
congrats thats a nice PC!

Cap1 has been pretty good to me the last few weeks. A GW adjustment and then an immediate PC. Can't complain too much.