topic Re: Capital One Offer - Keep your account, get better features in Credit Cards

Capital One Offer - Keep your account, get better features

creditclub700 — Tue, 19 Aug 2014 15:28:16 GMT

Hello all!

What is the catch?? It sounds too good to be true.

Feedback please

I received an emai from Capital One today telling me the following

I have been with Capital One for 11 years.. We’re glad you’ve stuck with us—now let us give you something bigger.

Start earning unlimited 1.5% cash back with your existing account. It’s super quick and easy!

There’s no need to reapply, and you’ll keep your existing account. Your credit score won’t be affected.

Enjoy these new rewards with no additional fee.

• EARN UNLIMITED 1.5% CASH BACK on every purchase, every day.

• NO ROTATING CATEGORIES OR SIGN-UPS needed to earn cash rewards.

• REDEEM YOUR CASH BACK for any amount, any time—it won’t expire.

Re: Capital One Offer - Keep your account, get better features

juggalo9er — Tue, 19 Aug 2014 15:32:11 GMT

none justvmake sure its quicksilver and not qs one due to af...i love my qs

Re: Capital One Offer - Keep your account, get better features

noobody — Tue, 19 Aug 2014 15:35:31 GMT

there is no catch, they just upgrade your exiting lesser card to a quicksilver(one), take the offer.

i have 2 cap1 cards since 2001, have to call repeatly to get anything done.

do you currently have annual fee on your account? if yes, call to have them removed, if no just do not worry about it

congratulation on your auto upgrade!

Re: Capital One Offer - Keep your account, get better features

Anonymous — Tue, 19 Aug 2014 15:53:13 GMT

They planned to convert a whole bunch of "eligible" accounts to Quicksilver (or QS One), presumably to simplify their product line and thus support costs. When I spoke with the EO maybe 18 months ago, he said they were working through 8M accounts that were conversion-eligible.

As others have said, no catch, hassle-free upgrade to a great card!

Re: Capital One Offer - Keep your account, get better features

maiden_girl — Tue, 19 Aug 2014 15:55:21 GMT

I would call the number on the back of your card or message them via chat. The conversion takes 10 minutes or less! I just upgraded mine!

Re: Capital One Offer - Keep your account, get better features

Anonymous — Tue, 19 Aug 2014 15:58:14 GMT

@maiden_girl wrote:
I would call the number on the back of your card or message them via chat. The conversion takes 10 minutes or less! I just upgraded mine!

I just upgraded my plain Visa Platinum to the QS via chat. It was easy and quick.

Re: Capital One Offer - Keep your account, get better features

Anonymous — Tue, 19 Aug 2014 18:59:14 GMT

Do you keep ur account number? Or do you get a new one?

Re: Capital One Offer - Keep your account, get better features

Exonumist — Tue, 19 Aug 2014 19:02:29 GMT

You keep the same account number.

Re: Capital One Offer - Keep your account, get better features

p- — Tue, 19 Aug 2014 19:04:41 GMT

creditclub700 wrote: What is the catch?? It sounds too good to be true.

It's an offer to PC. Take it. I've done several PC's with them, and they remain my highest limit card. It beats closing and reapplying... no hard inquiry, no new account.

Re: Capital One Offer - Keep your account, get better features

jsucool76 — Tue, 19 Aug 2014 19:10:40 GMT

Cap1 upgraded me from the platinum card to the green cash rewards card a while back (now the quicksilver), I kept the same account number and account opening date. All that changed was the design on my card.

Re: Capital One Offer - Keep your account, get better features

p- — Tue, 19 Aug 2014 19:12:43 GMT

The black one in my profile was a Credit Steps card, then a Platinum, then a Green Cash. And then it became a Quicksilver, and after that a Quicksilver World MC. Same account # and same account on my report the whole time.

The second Cap1 QS card I have started life as an Orchard Bank card.

Do it.

Re: Capital One Offer - Keep your account, get better features

maiden_girl — Tue, 19 Aug 2014 20:01:50 GMT

The Green cash card seems like ages AGO! I almost forgot about that card...I wonder why CAP1 canned it?

Re: Capital One Offer - Keep your account, get better features

jsucool76 — Tue, 19 Aug 2014 20:07:52 GMT

@maiden_girl wrote:
The Green cash card seems like ages AGO! I almost forgot about that card...I wonder why CAP1 canned it?

They didn't really can it...they just changed it to the quicksilver...same card except the 50% cash back bonus is upfront (1.5%) as opposed to yearly.

Re: Capital One Offer - Keep your account, get better features

maiden_girl — Tue, 19 Aug 2014 20:15:43 GMT

@jsucool76 wrote:
@maiden_girl wrote:
The Green cash card seems like ages AGO! I almost forgot about that card...I wonder why CAP1 canned it?
They didn't really can it...they just changed it to the quicksilver...same card except the 50% cash back bonus is upfront (1.5%) as opposed to yearly.

Ahhh got ya!!