No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Cap one offered to PC my QS1 to a Venture or Venture one today. I got very excited at first and then realized a couple of things....1) I don't really need travel rewards (have Amex for that) and I don't travel THAT often...I prefer my cash back and 2) I just got my CLI in Dec so it would be a while before I could possibly see a "Venture Limit" which would be the real reason I would want the card. They aren't giving any real benefit other than changing reward structure.
So, am I crazy NOT to pc? I know PC approval doesn't mean I would get approved by app soon but my scores are steadily climbing and I feel like, even if I decided travel rewards was something I wanted, it would be better to wait for REAL approval....which could potentially be in the next 3-4 months if the FICO gods cooperate.
or
Do I PC to the Venture under the assumption I would be able to app for another QS1 and possibly get an ok limit? Does it work that way?
It's nice to know they offer the PC, but you don't have to take it. Did they offer to PC from the QS One to the regular no AF Quicksilver? That sounds like a deal you would like.
As to getting a "Venture Limit", you probably would not get there by PC anyhow. The best way to get a Venture Limit is to have a good history with Capital One, an open, active Capital One card (even minimal usage), get a good score and higher income, and then app outright for the Venture. THEN they will relook at your file and give you a Venture Limit.
@NRB525 wrote:It's nice to know they offer the PC, but you don't have to take it. Did they offer to PC from the QS One to the regular no AF Quicksilver? That sounds like a deal you would like.
As to getting a "Venture Limit", you probably would not get there by PC anyhow. The best way to get a Venture Limit is to have a good history with Capital One, an open, active Capital One card (even minimal usage), get a good score and higher income, and then app outright for the Venture. THEN they will relook at your file and give you a Venture Limit.
+1 to all of the above.
A QS is always preferable to a Venture One - hands down. I have a QS1 that they so far have absolutely refused to PC to a QS for some reason. Since it's one of my oldest accounts (and is my oldest bank card) I would accept a PC to a Venture One merely to keep the account open with no annual fee.
As others have mentioned, if you're looking strictly for a large credit line, the best way to get it is to simply apply for it. It would likely be easier with positive Capital One history; preferably with a Capital One account still open even.
@Anonymous wrote:Cap one offered to PC my QS1 to a Venture or Venture one today. I got very excited at first and then realized a couple of things....1) I don't really need travel rewards (have Amex for that) and I don't travel THAT often...I prefer my cash back and 2) I just got my CLI in Dec so it would be a while before I could possibly see a "Venture Limit" which would be the real reason I would want the card. They aren't giving any real benefit other than changing reward structure.
So, am I crazy NOT to pc? I know PC approval doesn't mean I would get approved by app soon but my scores are steadily climbing and I feel like, even if I decided travel rewards was something I wanted, it would be better to wait for REAL approval....which could potentially be in the next 3-4 months if the FICO gods cooperate.
or
Do I PC to the Venture under the assumption I would be able to app for another QS1 and possibly get an ok limit? Does it work that way?
OP, What's your limit on your QS1?