topic Re: Capital One Upgrade it or close in Credit Cards

Capital One Upgrade it or close

LShawn08 — Wed, 02 Apr 2014 01:32:05 GMT

My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

Re: Capital One Upgrade it or close

gdale6 — Wed, 02 Apr 2014 01:34:55 GMT

@LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I would try to get the upgrade to the QS with no AF, the 3K is not necessarily the top limit of the card in fact that limit should get you the no AF QS.

Re: Capital One Upgrade it or close

coldnmn — Wed, 02 Apr 2014 01:41:23 GMT

I would upgrade! Cap1 has started to do all right for a lot of people with CLI.

Re: Capital One Upgrade it or close

Marcos8 — Wed, 02 Apr 2014 01:42:47 GMT

I would definitely keep it open. A 3k limit still isn't too bad as compared to others who have stalled at 1k or even less. Do a PC to QS and then try a CLI via the EO. Any CLI's or attempts at one will usually be a SP anyway so it won't be like you're wasting hard pulls for no growth. I don't mind my Quicksilver and the extra .5% on general spend can add up to a few more bucks by the end of the year.

Re: Capital One Upgrade it or close

wacdenney — Wed, 02 Apr 2014 02:05:57 GMT

@LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I know it seems ridiculous to have to email for basic customer service, but IMO it is worth that one last shot before closing. There is NO way to tell what mood Crapital One will be in on any given day. Like you, I am getting really sick of having to bend over backwards to deal with them but I do intend to give them one last chance before closing my cards at AF time.

You have nothing to loose beyond the time it takes to type the email and you never know... The stars might align and their magic 8-ball might tell them to value you as a customer that day. Stranger things have happened.

Re: Capital One Upgrade it or close

peaceonearth — Wed, 02 Apr 2014 02:34:05 GMT

@LShawn08 wrote:
My first card was my cap one platinum MasterCard and the card is either seemingly stalled at a limit of 3,000 or has hit it's maximum. They keep sending me letters to add QuickSilver to my collection of Cap One cards but I don't want to be bothered with them honestly. It is unfortunately my oldest card but if there's no more growth left on my particular card, what can I do ? Even if I were to accept the QS will be the max on that card?

I think that depends, on how much you put on the card and how often you use the card.

Re: Capital One Upgrade it or close

LShawn08 — Wed, 02 Apr 2014 02:45:52 GMT

AF ? I put charges on the card very sparingly maybe every other month.

Re: Capital One Upgrade it or close

peaceonearth — Wed, 02 Apr 2014 05:24:45 GMT

@LShawn08 wrote:
AF ? I put charges on the card very sparingly maybe every other month.

I am not a Capital One fan~ specially when they pull all 3 credit reports when I apply for one of their credit cards.

I will avoid Cappital One even if they send me 100s of invitations beside, there are plenty cards out there to apply for that only pull one credit report in lieu of all 3.

Go for other cards instead.

Re: Capital One Upgrade it or close

SunriseEarth — Wed, 02 Apr 2014 05:32:53 GMT

You should ask to PC to the QuickSilver and at least make it a more useful card. And it wouldn't hurt to also go for a CLI. If the frontline CSRs or the website isn't helpful, contact the EO. There's a ton of threads on the boards about the Cap One EO and how to get the email.

Re: Capital One Upgrade it or close

B335is — Wed, 02 Apr 2014 07:35:15 GMT

How old is it? I closed out quite a few Cap1 cards because of lack of CLI. Reflecting on that, I might as well have left them open since there was no AF.

I wouldnt upgrade to QS1 or Quicksilver if you barely use it, unless theyre giving you the Quicksilver with no AF. Go out and get a nice Amex Fidelity and get more bang for your buck.

Re: Capital One Upgrade it or close

somotao — Wed, 02 Apr 2014 07:50:26 GMT

Since this was your first card, I would recommend you keep it. My oldest credit card is capital one and all my credit increases come from me reaching out the the Executive office. A frew months agao my Limit was raised and I PC to the Quicksilver card.

Re: Capital One Upgrade it or close

Anonymous — Wed, 02 Apr 2014 12:24:21 GMT

Upgrade it.

Re: Capital One Upgrade it or close

LShawn08 — Wed, 02 Apr 2014 14:52:44 GMT

Can I just call and say hey can you just give me the QS card and swap it out. That way I get the better card, I keep my five years with them on my CR but don't have to actually "add" another Cap One to my wallet.

Re: Capital One Upgrade it or close

SunriseEarth — Wed, 02 Apr 2014 20:25:46 GMT

@LShawn08 wrote:
Can I just call and say hey can you just give me the QS card and swap it out. That way I get the better card, I keep my five years with them on my CR but don't have to actually "add" another Cap One to my wallet.

Yes. Just ask if you can PC (product change) your current card to the QS.

Re: Capital One Upgrade it or close

LShawn08 — Wed, 02 Apr 2014 22:45:33 GMT

Re: Capital One Upgrade it or close

LShawn08 — Wed, 02 Apr 2014 22:46:17 GMT

Success! Upgraded, no AF and lowered my APR to 13%.

Re: Capital One Upgrade it or close

SunriseEarth — Wed, 02 Apr 2014 22:49:16 GMT

@LShawn08 wrote:
Success! Upgraded, no AF and lowered my APR to 13%.

Congrats! I hope it's a more useful card for you now!

Re: Capital One Upgrade it or close

B335is — Thu, 03 Apr 2014 00:26:40 GMT

@LShawn08 wrote:
Success! Upgraded, no AF and lowered my APR to 13%.

That's awesome, congrats!!

Re: Capital One Upgrade it or close

LShawn08 — Thu, 03 Apr 2014 15:35:07 GMT

Does anyone actually know what is the limit Max on a QS card ? Great, dandy it's now converted to a better card but will they give me the okie dole and still not raise my credit limit ? Or am I having the Cap One paranoia ?