@Anonymous wrote:I have their platinum and the QS1, I checked the upgrade link and they won't offer me an upgrade on the QS1 but they want to upgrade my platinum to a regular QS should I take this or hold out for a venture/savor option? I already have other cashback cards.
QS1 typically is the most difficult to upgrade.
As for your Platinum PC to QS, even though it might be redundant to your other cards, it's worth getting rewards on your non rewards card.
@Yankee2 wrote:Unless it's your oldest card, I would upgrade your Platituim to the regular QS and cancel the QS1.
Same card without the yearly fee....
@Yankee2 wrote:Unless it's your oldest card, I would upgrade your Platituim to the regular QS and cancel the QS1.
Same card without the yearly fee....
If you have other cards that beat out the QS1. C-Ya! Been there done that. See below. We all had to start somewhere. RIP.
From my understanding you can upgrade to the Venture cards but cannot upgrade a plat or QS to the Savor. If anyone knows differently correct me on that
@Anonymous wrote:So I was in this exact scenario. I clicked an upgrade link, and thought I was upgrading my QS1 card to a QS, but it actually upgraded my Platinum instead. I'd like to do the Venture or VentureOne card, but they told me over the phone I couldn't upgrade my QS1 at this time.
I'm wondering, if they are less likely to upgrade my QS1, if it'd be better to just cancel it and apply for a Venture/VentureOne? I'd get the signup bonus that way, which would be nice.
I've had the QS1 for a little over a year now, and the Platinum (now QS) for 1.5 years. And then I have a Discover It card that's my oldest at 4 years. I had other cards, and good credit before that, but was young and uninformed and messed everything up haha. The road to recovery from bad credit has been long.
Anyway, first post here, I've already learned a lot from reading. Thanks!
Welcome to My Fico Forums, @Anonymous!
Yes, you may be better off canceling that old QS1 since it may not go anywhere.
I started my Capital One relationship with a Platinum card that I pc'd to a Quicksilver after they introduced it later. I have the option for pc-ing the Quicksilver now to Venture many years later, but I don't really want or need the card.
@Anonymous wrote:I have their platinum and the QS1, I checked the upgrade link and they won't offer me an upgrade on the QS1 but they want to upgrade my platinum to a regular QS should I take this or hold out for a venture/savor option? I already have other cashback cards.
Looking at your card lineup, @Anonymous, it appears to me that you would benefit from the Quicksilver. Your other cash back cards (QS1 at 1.5% with an AF?) and Discover IT (only base level of 1% with higher in-category rewards) don't give you the same benefit of the regular QS: 1.5% uncapped and uncategorized rewards with no AF.
I used mine for a long time before better 2% plus cards came out that I added to my wallet. (When Quicksilver came out, there weren't a lot of other cards offering 1.5% unlimited cash back much less more than that.)
I would suggest upgrading the Platinum to Quicksilver and cancel the QS1 since it probably won't go anywhere with them long-term.
