Cap 1 QuickSilver questions

CFG · ‎07-24-2014

I have 2 Cap1 Cards. The first one I’ve had going on 3 years and it started out as a $250 card that I kept requesting CLI's on. The second was a Cap 1 Cash rewards card that started off with a $750 CL and now I’m up to $4750.

I contacted the Executive office back in march and had them both product changed to the QuickSilverOne. I'm in a much better place credit wise and I really dont need these cards or want the annual fee they have. I called regular customer service to inquire what can be done.

My initial requests

1: Combine Credit Limits - Denied

2: Increase Credit Limits - Denied (already increased this month)

3: Lower APR - They said it could be done

Card 1($1750Limit): 22.9% -> 17.9%

Card 2($4750Limit): 19.8% -> 15.9%

4: Upgrade the Cards – They said it could be done on one card

Card 1($1750Limit): Denied

Card 2($4750Limit): Said I could upgrade to Quicksilver Platinum MC or Venture Platinum MC.

I really don’t use either card because of the higher interest rate and the lower credit limit. I don’t want to close my longest CC either but I’m willing to.Do you think an email to the Executive Office could yield;

1:Combining of the Credit limits OR

2: Credit line increase to match other credit lines

3: A lower APR somewhere around 13% (at least for Card 2)

4: Upgrading to Quicksilver World MC (at least for card 2)

Suggestions? Are my requests unreasonable?

destine2grow · ‎07-24-2014

From my understanding Cap 1 does not combine CL. If you just received a CLI this month you might not receive another one until 6 mths. You can try to see if the will lower the APR more and also ask for the second card to be upgraded to the QS WEMC. I would probably close out the QS 1 and see if the EO can but the CL you have that one to the one with the highest CL. Either way good luck and awesome job getting the your APR reduced.

britthester · ‎07-24-2014

I would definitley upgrade to the regular Quicksilver. I highly doubt you'll be able to combine the limits or receive a credit line increase, but it never hurts to try. Regardless getting rid of those annual fees will help your situation. The Quicksilver no annual fee card is my favorite credit card, so I think you're getting a significant upgrade.