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Cancel QS1 to get a venture?

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JYKim1
New Contributor

Re: Cancel QS1 to get a venture?

Exactly. I don't want to get rid of the card, so a PC would be nice unless it stays bucketed. Not a fan of the other Cap1 cards, so the Venture seems like my best option, doubling as a cheap travel alternative to the Platinum AmEX and CSR. The Pre-check reimbursement and travel rewards are its biggest draw for me. 


Starting Score: EQ: 565 EX: 572 TU: 571
Current Score: EQ: 587 EX: 643 TU: 610
Goal Score: 700 Across the Board


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Message 11 of 16
HeavenOhio
Senior Contributor

Re: Cancel QS1 to get a venture?


@Brian_Earl_Spilner wrote:

You can have 5 prime cards and 2 sub-prime cards.


You can't have seven cards. What happens is that your application for a subprime card will be declined if you have two or more Capital One cards. Your application for a prime card will be declined if you have five or more Capital One cards. That adds up to being able to have five cards, two of which may be — but don't have to be — subprime.

 

@JYKim1, you've probably heard that QuicksilverOne cards are notoriously difficult to product-change (PC). We have several data points indicating that consecutive months of usage may help to coax an offer. I was able to PC two QS1 cards after twelve or thirteen consecutive months of usage. The bottom line is to use the card each and every month, make a payment each and every month, and call in to check for offers each month. You don't have to charge very much. And if you wish to pay before the statement cuts, that's fine.

Message 12 of 16
JYKim1
New Contributor

Re: Cancel QS1 to get a venture?

Yeah, that seems to be the consensus. I have some billpay coming from this card, so I'll have consistent usage at low dollar amounts. I will probably wait it out to see if I can PC the QS1. I've got some things to work on in the meantime (defaulted student loans), so I'm not in any rush. 


Starting Score: EQ: 565 EX: 572 TU: 571
Current Score: EQ: 587 EX: 643 TU: 610
Goal Score: 700 Across the Board


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Message 13 of 16
Anonymous
Not applicable

Re: Cancel QS1 to get a venture?


@Shooting-For-800 wrote:

You can have up to 5 prime cards.

I have 3 and had 4 or 5 at one time.

No need to lose anything.

Check prequal.

GL!

 


I thought the max was 2 prime cards? This whole time I'm thinking I have to close my 15k QS in order to app for Venture again

Message 14 of 16
Shooting-For-800
Senior Contributor

Re: Cancel QS1 to get a venture?


@Anonymous wrote:

@Shooting-For-800 wrote:

You can have up to 5 prime cards.

I have 3 and had 4 or 5 at one time.

No need to lose anything.

Check prequal.

GL!

 


I thought the max was 2 prime cards? This whole time I'm thinking I have to close my 15k QS in order to app for Venture again


Nope.

GL!

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!



Message 15 of 16
Wavester64
Valued Contributor

Re: Cancel QS1 to get a venture?


@Anonymous wrote:

Why venture though? Its an overated card and I fail to see any advantage of it over citi DC, which has no AF.


I was thinking the same.






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Message 16 of 16
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