I called them today about my Capital One cards, currently have a QS1 and Platinum... they upgraded my QS1 to the VentureOne and my Platinum to the Quicksilver... so lose my AF on the QS1 and hopefully increase chances for CLI's by losing the Platinum..
OP, by the way, on the main question of can this be true? I can't say for sure, but if you wish to make me an AU on the card, I can test the validity of the limit for you. I am nice that way.
I asked about adding you and they said no... I tried my best for ya!!