cancel
Showing results for 
Search instead for 
Did you mean: 

CapOne VISA Platinum Upgraded to Signature

tag
Anonymous
Not applicable

CapOne VISA Platinum Upgraded to Signature

In my email inbox this morning:

 

"Great news! We’ve upgraded your current Visa Platinum card to a Visa Signature card with new premium benefits.

Your new card is on its way.

     It should arrive within 10 business days—until then, use your current card as usual.

     It will have a new expiration date and 3-digit security code.

 

These key account details are NOT changing:

     Card number

     Credit limit (emphasis is mine. Limit stands at $6k for nearly 3 years)

     Interest rate (APR)

     Billing cycle

     Payment due date"

**************

 

I didn't request this or anything else for this card in about 3 years. Curious, as I thought your limit had to be $10k minimum for Signature. I've been rotating through other cards and, after mothballing this one for over a year, I went back to charging about $1k monthly on this card 4 months ago. 

 

Message 1 of 6
5 REPLIES 5
Anonymous
Not applicable

Re: CapOne VISA Platinum Upgraded to Signature


@Anonymouswrote:

In my email inbox this morning:

 

"Great news! We’ve upgraded your current Visa Platinum card to a Visa Signature card with new premium benefits.

Your new card is on its way.

     It should arrive within 10 business days—until then, use your current card as usual.

     It will have a new expiration date and 3-digit security code.

 

These key account details are NOT changing:

     Card number

     Credit limit (emphasis is mine. Limit stands at $6k for nearly 3 years)

     Interest rate (APR)

     Billing cycle

     Payment due date"

**************

 

I didn't request this or anything else for this card in about 3 years. Curious, as I thought your limit had to be $10k minimum for Signature. I've been rotating through other cards and, after mothballing this one for over a year, I went back to charging about $1k monthly on this card 4 months ago. 

 


Congrats on the upgrade.  There is no set credit limit amount for a card to be a ‘Signature’ Visa.  It’s entirely set by the creditor and they prefer cards to be Signature versions because they get higher merchant fees per transaction.  There are  plenty of posters here that have had cards issued as Signature versions from various creditors with limits as low as $500.

Message 2 of 6
Anonymous
Not applicable

Re: CapOne VISA Platinum Upgraded to Signature

Congratulations! I have one myself, with a CL of $10k. I do know that Penfed has a minimum $5K credit line on their own Signature Visa's.

Message 3 of 6
sjt
Senior Contributor

Re: CapOne VISA Platinum Upgraded to Signature


@Anonymouswrote:

In my email inbox this morning:

 

"Great news! We’ve upgraded your current Visa Platinum card to a Visa Signature card with new premium benefits.

Your new card is on its way.

     It should arrive within 10 business days—until then, use your current card as usual.

     It will have a new expiration date and 3-digit security code.

 

These key account details are NOT changing:

     Card number

     Credit limit (emphasis is mine. Limit stands at $6k for nearly 3 years)

     Interest rate (APR)

     Billing cycle

     Payment due date"

**************

 

I didn't request this or anything else for this card in about 3 years. Curious, as I thought your limit had to be $10k minimum for Signature. I've been rotating through other cards and, after mothballing this one for over a year, I went back to charging about $1k monthly on this card 4 months ago. 

 


Congrats!

 

Generally, Visa Signatures are a minimum of $5k and Visa Infinites are $10K.

American Express: Platinum Charge, Optima, Business Gold, Delta Business Reserve, Business Cash, Business Plus
Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture X Visa Infinite
Chase: Freedom U Visa Signature, CSR Visa Infinite
Citibank: AAdvantage Platinum WEMC
Elan/US Bank: Fidelity Visa Signature
Credit Union: Cash Back Visa Signature
FICO 08: Score decrease between 26-41 points after auto payoff (11.01.21) FICO as of 5.23, EX: 812 / EQ: 825 / TU: 815
Message 4 of 6
longtimelurker
Epic Contributor

Re: CapOne VISA Platinum Upgraded to Signature


@sjtwrote:


Congrats!

 

Generally, Visa Signatures are a minimum of $5k and Visa Infinites are $10K.


As said by Irish, this isn't true anymore for many issuers, from Cap One we have seen both $500 VS and WEMC

Message 5 of 6
sjt
Senior Contributor

Re: CapOne VISA Platinum Upgraded to Signature

Which is why I wrote "generally." 

Amazon Visa and US Bank are the only ones that I know of the issue Siggys less then $5K limits.

American Express: Platinum Charge, Optima, Business Gold, Delta Business Reserve, Business Cash, Business Plus
Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture X Visa Infinite
Chase: Freedom U Visa Signature, CSR Visa Infinite
Citibank: AAdvantage Platinum WEMC
Elan/US Bank: Fidelity Visa Signature
Credit Union: Cash Back Visa Signature
FICO 08: Score decrease between 26-41 points after auto payoff (11.01.21) FICO as of 5.23, EX: 812 / EQ: 825 / TU: 815
Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.