Capital One Quicksilver and Mastercard cards....

Anonymous · ‎04-08-2015

Ok, I need to hear all the good and the bad with both cards. I was on the fence with getting credit cards through Capital One again becuase eons ago their customer service was not so great and they would not work with me during hard times. But so far it seems things have changed and I hope so.

I would like to read everyone's experience with them, please!

black_citi · ‎04-08-2015

I have both the MC and Visa versions. The MC I've had since Nov 2014. It started with a 2k limit. $39 AF. They gave me an ADDITIONAL 2k limit so now I'm up to 4k (in only 5 months. Still shocked and it was an AUTO increase). I tried to have the $39 fee waived permanently through their chat but they said its in my terms and aggrement so they can't remove it. Others seem to have had success in removing their fee. I am still going to keep the card. It has 1.5% cash back which reports in a few days which I love. You can use that money anytime you want. They can do a statement credit or give you a check sent through the mail. The card looks cheap. The numbers and your name are etched on, not stamped like most cards and mines don't have an emv chip.

My Visa version is similar except it has the chip and your name and credit numbers are stamped into the card. Personally I think the Visa version looks better. There also is no AF so that's nice. My starting limit is 3k and I've only had the card 2 weeks. If you get approved 5k or above the card will be a visa signature. Oh I also get a $100 cash back if I spend $500 in the first 3 months.

I never had any issues with cap1. I've been on and off with them since 2006 but I'm here to stay now. I don't call them much but when I do their customer service is pretty good to me. That's really all I can say about the qs cards personally. YMMV.

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KellyP25721 · ‎04-08-2015

He's right though, there are a lot of opinions on these forums regarding Capital One, but I can tell you they have been very good to me. Started out with a credit steps platinum card two years ago with a $300CL. Have upgraded that to a $4K QS1 with the AF permanently waived in 18 months. Also have a 2nd QS1 with them that started with a $2K limit that has been upgraded to a $6K QS WMC in a year. With Capital One, the EO is your friend...don't be afraid to email them!

Starting Score: 573 (EX Faco) | Current Scores: EX(Fico) 674, EQ(Fico) 668, TU(Fico) 691

Anonymous · ‎04-08-2015

Why not cancel the MC if you have the Visa version with no AF.

Anonymous · ‎04-08-2015

@Anonymous wrote:
Why not cancel the MC if you have the Visa version with no AF.

This seems like a good idea.

Anonymous · ‎04-08-2015

@Anonymous wrote:
Why not cancel the MC if you have the Visa version with no AF.

That's what I'm about to do, Nixon.

Anonymous · ‎04-08-2015

Yeah. You are just throwing away rewards.

I know what it's like. I once clung to the idea that I could make my QSs grow. Fat chance.

Only one I have left is my WMC.

Anonymous · ‎04-08-2015

@Anonymous wrote:
Yeah. You are just throwing away rewards.

I know what it's like. I once clung to the idea that I could make my QSs grow. Fat chance.

Only one I have left is my WMC.

Yes, I was looking over my spreadsheet of expenses for the last year and I wanted to create a plan for the best way to use the cards I have. I don't have many, just 5 of them which now about to be 4. I don't need anymore. MY goal was to spread out my monthly expenses on the cards and do automatic PIF for the next year in hopes of showing good history and score increase. The only issue now are the low limits which I understand why, but it seems that BoA will be the one card that won't be as easy to have them increase limit. My expenses are well above what CLs I have. The cash rewards for the Freedom card seem to be a bit more work, although 5% is nice. The cash rewards for. BoA are quick and easy to acces...not worrying about remembering to activate. The only thing I'm not familiar with are the Capital One cards.

Anonymous · ‎04-08-2015

@black_citi wrote:
I have both the MC and Visa versions. The MC I've had since Nov 2014. It started with a 2k limit. $39 AF. They gave me an ADDITIONAL 2k limit so now I'm up to 4k (in only 5 months. Still shocked and it was an AUTO increase). I tried to have the $39 fee waived permanently through their chat but they said its in my terms and aggrement so they can't remove it. Others seem to have had success in removing their fee. I am still going to keep the card. It has 1.5% cash back which reports in a few days which I love. You can use that money anytime you want. They can do a statement credit or give you a check sent through the mail. The card looks cheap. The numbers and your name are etched on, not stamped like most cards and mines don't have an emv chip.

My Visa version is similar except it has the chip and your name and credit numbers are stamped into the card. Personally I think the Visa version looks better. There also is no AF so that's nice. My starting limit is 3k and I've only had the card 2 weeks. If you get approved 5k or above the card will be a visa signature. Oh I also get a $100 cash back if I spend $500 in the first 3 months.

I never had any issues with cap1. I've been on and off with them since 2006 but I'm here to stay now. I don't call them much but when I do their customer service is pretty good to me. That's really all I can say about the qs cards personally. YMMV.

This is all good info, thank you, black_citi

black_citi · ‎04-08-2015

@Anonymous wrote:
Why not cancel the MC if you have the Visa version with no AF.

I think I might but cap1 just auto increased my limit from 2k to 4k in just 5 months! That is unheard of from a company like them lol. I really don't want to loose the limit especially since I have no major credit card high limits except from cap1. My dcu card, although 10k, doesn't really count from what I heard. The next $39 fee isn't due until Nov so I have some time to think about it.

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