topic Re: What does it take to get a Quicksilver... in Credit Cards

What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 16:20:59 GMT

...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?

Anybody know or care to guess?

Re: What does it take to get a Quicksilver...

Anonymous — Mon, 16 Sep 2013 16:27:31 GMT

Go thru the EO.

PC is easy when going that route.

Re: What does it take to get a Quicksilver...

Creditaddict — Mon, 16 Sep 2013 16:29:24 GMT

@thelethargicage wrote:
...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?
Anybody know or care to guess?

Do you have Capital One currently?

Have you gone to Capitalone.com and ran pre-qual and not seen an offer come back?

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 16:30:05 GMT

@Anonymous wrote:
Go thru the EO.

PC is easy when going that route.

Oh, I meant getting it from scratch by applying for it, not thru PC.

Re: What does it take to get a Quicksilver...

Creditaddict — Mon, 16 Sep 2013 16:59:28 GMT

go check pre-qual on site and tell us what is offered to you.

Re: What does it take to get a Quicksilver...

Anonymous — Mon, 16 Sep 2013 17:16:51 GMT

Their definition of Excellent Credit is pretty forgiving:

I have never declared bankruptcy or defaulted on a loan. I have not been more than 60 days late on any credit card, medical bill, or loan in the last year.

And

I have had a loan or credit card for 3 years or more with a credit limit above $5,000

So even a 60 day late in the last 12 months can be OK, whereas I suspect most issuers don't consider that excellent. Also pretty sure there have been exceptions to the second clause too (although perhaps getting a CL under $5K)

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 18:38:13 GMT

@Creditaddict wrote:
go check pre-qual on site and tell us what is offered to you.

I tried the Card Finder tool and rated my credit as excellent and cashback as my preferred benefit, and turns out I'm pre-qualified for the Quicksilver, VentureOne and Platinum Prestige. I tried it again, but this time I rated my credit as average and I got the same results.

Now, what do they mean by 'pre-qualified'?

Re: What does it take to get a Quicksilver...

Anonymous — Mon, 16 Sep 2013 18:51:17 GMT

@thelethargicage wrote:
@Creditaddict wrote:
go check pre-qual on site and tell us what is offered to you.
I tried the Card Finder tool and rated my credit as excellent and cashback as my preferred benefit, and turns out I'm pre-qualified for the Quicksilver, VentureOne and Platinum Prestige. I tried it again, but this time I rated my credit as average and I got the same results.

Now, what do they mean by 'pre-qualified'?

Sounds like you have the green light to apply

Re: What does it take to get a Quicksilver...

Creditaddict — Mon, 16 Sep 2013 19:59:53 GMT

If you are getting Congrats we found these offers for you then you are basically approved... just APPLY!

Re: What does it take to get a Quicksilver...

MissCredit9 — Mon, 16 Sep 2013 20:12:12 GMT

The Quicksilver is super easy to get.

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 20:22:13 GMT

@Creditaddict wrote:
If you are getting Congrats we found these offers for you then you are basically approved... just APPLY!

Seriously?

This is what I got:

"Congratulations! We think you'll like this pre-qualified card offer."

Quicksilver
VentureOne
Platinum Prestige

Re: What does it take to get a Quicksilver...

Creditaddict — Mon, 16 Sep 2013 20:23:50 GMT

@thelethargicage wrote:
@Creditaddict wrote:
If you are getting Congrats we found these offers for you then you are basically approved... just APPLY!
Seriously?

This is what I got:

"Congratulations! We think you'll like this pre-qualified card offer."

Quicksilver
VentureOne
Platinum Prestige

YES.... Click that Quicksilver and GO!

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 20:24:07 GMT

@MissCredit9 wrote:
The Quicksilver is super easy to get.

Yeah, but I only want it if I have a shot at a 5K+ limit.

Hey, I wanted to ask you something. Sorry to beat a dead horse, but were the 2X points at Walgreens on your Barclays Rewards MC a promotional offer or do you get them all the time?

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 20:27:52 GMT

@Creditaddict wrote:
@thelethargicage wrote:
@Creditaddict wrote:
If you are getting Congrats we found these offers for you then you are basically approved... just APPLY!
Seriously?

This is what I got:

"Congratulations! We think you'll like this pre-qualified card offer."

Quicksilver
VentureOne
Platinum Prestige
YES.... Click that Quicksilver and GO!

The thing is have 8 inquiries on EQ, 8 on EX and 5 on TU. 4 on EQ, 4 on EX, and 4 on TU will hit the 1-year mark between 9/18 and 10/12. Should I wait till then to apply? I also want to get either the Barclay Rewards MC or the Sallie Mae MC.

Re: What does it take to get a Quicksilver...

Ron1 — Mon, 16 Sep 2013 20:37:49 GMT

@thelethargicage wrote:
...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?
Anybody know or care to guess?

I think you should be good enough for the card. Cap 1 pulls all three reports for approval. I got denied due too many inquiries about six months ago. I emailed Cap 1 EO office to recon. I got approved for $3K. Recently, I got an offer to upgrade to Quicksiver.

Ron.

Re: What does it take to get a Quicksilver...

thelethargicage — Mon, 16 Sep 2013 20:42:52 GMT

@Ron1 wrote:
@thelethargicage wrote:
...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?
Anybody know or care to guess?
I think you should be good enough for the card. Cap 1 pulls all three reports for approval. I got denied due too many inquiries about six months ago. I emailed Cap 1 EO office to recon. I got approved for $3K. Recently, I got an offer to upgrade to Quicksiver.

Ron.

Actually,

My profile is more like this:

Spotless payment history
AAoA over 4 years (4 years and 9 months)
under 1% utilization
793 EQ FICO (about a month ago)
4 credit cards with 6K+ limits (6K x 3 and 6.5K) and 1 card with 3.7K CL
4 inquiries on EX, EQ, and TU each (assuming I apply after the other inquiries hit the 1-year mark)

My goal is to get a 5K+ limit (for Signature status)

Re: What does it take to get a Quicksilver...

Ron1 — Mon, 16 Sep 2013 20:58:52 GMT

@thelethargicage wrote:
@Ron1 wrote:
@thelethargicage wrote:
...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?
Anybody know or care to guess?
I think you should be good enough for the card. Cap 1 pulls all three reports for approval. I got denied due too many inquiries about six months ago. I emailed Cap 1 EO office to recon. I got approved for $3K. Recently, I got an offer to upgrade to Quicksiver.

Ron.
Actually,

My profile is more like this:

Spotless payment history
AAoA over 4 years (4 years and 9 months)
under 1% utilization
793 EQ FICO (about a month ago)
4 credit cards with 6K+ limits (6K x 3 and 6.5K) and 1 card with 3.7K CL
4 inquiries on EX, EQ, and TU each (assuming I apply after the other inquiries hit the 1-year mark)
My goal is to get a 5K+ limit (for Signature status)

I still think you should be good enough. Do you have any Cap1 card currently? How many account did you open recently?

Ron.

Re: What does it take to get a Quicksilver...

nenuco — Mon, 16 Sep 2013 21:12:21 GMT

You seem to fit their "Excellent Credit" profile, which more often than not means you will have no issue getting a 5K limit. On an important note having a 5K limit usually but not always guarantees signature status. The odds are in your favor, I would go for it. Good luck and let us know how it goes

Re: What does it take to get a Quicksilver...

Themanwhocan — Mon, 16 Sep 2013 21:21:42 GMT

@thelethargicage wrote:
@Ron1 wrote:
@thelethargicage wrote:
...with a 5K+ limit?

0 apps on any CRA?
3+ years with a card with 5K+ CL?
Spotless payment history?
AAoA over 4 years?
1% utilization?
760+ FICO?
Anybody know or care to guess?
I think you should be good enough for the card. Cap 1 pulls all three reports for approval. I got denied due too many inquiries about six months ago. I emailed Cap 1 EO office to recon. I got approved for $3K. Recently, I got an offer to upgrade to Quicksiver.

Ron.
Actually,

My profile is more like this:

Spotless payment history
AAoA over 4 years (4 years and 9 months)
under 1% utilization
793 EQ FICO (about a month ago)
4 credit cards with 6K+ limits (6K x 3 and 6.5K) and 1 card with 3.7K CL
4 inquiries on EX, EQ, and TU each (assuming I apply after the other inquiries hit the 1-year mark)
My goal is to get a 5K+ limit (for Signature status)

Well, your status is a heck of a lot better than mine. And not surprizingly, you did MUCH better on that pre-qualify tool than I did.

They offered me the Quicksilver One. And a Secured card.

Re: What does it take to get a Quicksilver...

Creditaddict — Mon, 16 Sep 2013 21:41:50 GMT

You are already being matched to the card and tier that has a minimum $5k line I believe... Just apply now