No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Hi all,
I recently applied for the Wells Fargo Visa Signature Card to effectively bump up the dining/travel rewards on the Wells Fargo Propel Amex from 3% to 4.5% (if redeemed for airfare -- no problem since I travel a lot). I am approaching the one year anniversary for my Capital One Savor card and will soon have to pay the $95 annual fee. I don't really need the 4% cash back on restaurants/travel now, and I rarely use the entertainment category. I would like to avoid paying the annual fee if possible.
I logged into https://verified.capitalone.com/sic-ui/#/esignin?Product=Card&Action=ProductUpgrade and found that I am eligible to product change to either the Quicksilver or the Venture One, both with no annual fee. Since I don't plan to take advantage of the Savor, is there any reason not to convert into one of these two? Any thoughts on whether one is better than the other?
Ideally I'd just convert it to the Savor One, but that wasn't offered.
Thanks in advance for any advice!
I think that it depends on what you're looking for in a card. If you're looking for a card that gives flat-rate cashback, then the Quicksilver is the way to go. If you're PC'ing your Savor since you don't need the cashback, then maybe consider the VentureOne.
Personally, I don't see a reason why you shouldn't convert the Savor if you wouldn't be using it. It sounds like you prefer using rewards for travel, so I would PC to the VentureOne.
V1 is a very sad card, I would go with QS.
Both are lousy options considering the other cards in your signature. I would try calling CapOne to see if there is an offer to PC to the SavorOne, barring that at least with the QS you'll have a flat 1.5% card with no forex fees
With your scores I'd just convert to QS and sock drawer it, then take the minor hit in a few months for a new Savor One for occasional use on entertainment (the only reason Savor One's in my wallet)
So wait... you can't just downgrade it to the SavorOne? You have to PC it to a QS?
That's really annoying. My plan for mine was to downgrade to SavorOne after a year. I guess I could app for a SavorOne and hopefully merge limits or something. Or maybe they'll offer to waive the fee.
We'll see I guess. I just got my Savor so I have another year or so to figure it out.
Totally agreed -- I had the same plan. Foiled again!!
It might just be too early -- the representative emphasized that they are not doing a PC from Savor to SavorOne "at this time" and that I should check back in later. So we'll see what 2020 brings... at least you still have some more time.
@MrDisco99 wrote:So wait... you can't just downgrade it to the SavorOne? You have to PC it to a QS?
That's really annoying. My plan for mine was to downgrade to SavorOne after a year. I guess I could app for a SavorOne and hopefully merge limits or something. Or maybe they'll offer to waive the fee.
We'll see I guess. I just got my Savor so I have another year or so to figure it out.
Correct, the SavorOne downgrade restriction has been in place for sometime. While agents have been saying "maybe at the end of the year" or "maybe next year", the change or option hasn't materialized.
Also, CLs reallocations are not possible and the account combination feature has been disabled for some time. Maybe "next year".