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Capital One Upgrade - Platinum to VentureOne

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SKBirdmind
Regular Contributor

Capital One Upgrade - Platinum to VentureOne

Decided I wasn't going to apply for anything that isn't American Express this year (see my other threads - I might try smoke signals, Morse code, courier pigeons, or countertop soda machines next). So why not trim fat elsewhere, and see what to do about less-often-used cards or things that don't earn rewards in the meantime.

 

Platinum MasterCard was my 1st post-bankruptcy - they gave me $300 in March 2020. This upped to $500 after several on-time payments, then about a year later grew to $1,000 and after that $1,500. Maybe 6 x months ago, they more than doubled it to $4,000! I obviously wasn't about to let this go - thanks to an upgrade link someone posted earlier, I changed over to a VentureOne.

 

Same credit limit, $0 annual fee, and account number - just earns 1.25x miles on all purchases now. They should be sending me a rebranded card in the weeks ahead. It will travel very nicely with my Venture Visa ($3,000 limit, $95 annual fee, 2x miles) and Quicksilver MasterCard ($3,500 limit, $0 annual fee, 1.5% cashback). I've found the Capital One travel page to be very easy when it comes to booking airline award flights.

 

P.S. - Don't listen to anyone on the Delta SkyMiles-AmEx Facebook page.

"If people want to pigeonhole you, then just view it as an opportunity to prove them wrong and show that you are different to what they think you are." -E. Gordon Gee

I Am Not My Credit Score - it's just a made-up number that we all have to live with.

NOW HIRING - senior credit analyst, account manager, or high-end specialist from American Express National Bank.


Don't Listen To Anyone In The Delta SkyMiles-AmEx Facebook Group

Travel Cards:                                                                                                                           Cashback Rewards Cards:
                       
Still Active, Less Used, Probably Closing Soon:                                                      Banks and Credit Unions:
                                                                                               
Former Accounts, Closed Cards, RIP:                                                                         Mysteriously Closed For No Reason I Can Fathom, Have To Reapply?:
                                                                                       Screenshot-2023-06-16-at-10-22-48-AM
Lost In The Epidemic Of Mergers and Acquisitions:
     
Message 1 of 20
19 REPLIES 19
NoMoreDebt
Senior Contributor

Re: Capital One Upgrade - Platinum to VentureOne

congrats on the upgrade

AMEX CHARLES SCHWAB PLATINUM NPSL/ AMEX GOLD NPSL / AMEX GREEN NPSL/ AMEX BLUE BUSINESS PLUS $5000 SL/ FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ PAYPAL CREDIT LINE $1700/NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL
Message 2 of 20
citymunky
Established Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Congratulations on the upgrade. I'm holding on my C1 QS1 for at least 2 more years with hopes of a PC to something better. 

Rebuilding since 2021


Closed CCs
USAA (Jul 2019| Settled CO), Jasper $1K CL (Jul21-Jul22), Sable $250CL{Secured} (Jan22-Jun23), CreditOne Platinum $750CL (Jul21-Aug23), Prosper $1.9K CL (Jan22-Apr24), Self $625 CL {$350 Secured } (Aug21-Jul24)

Starting FICO 8 Scores:
Current FICO 8 Scores:


Message 3 of 20
nytokyobred79
Valued Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Congratulations on the upgrade. 

Avoided credit cards after ruining my financial health but got back into the game in 2019 after a 20 year hiatus
Total Revolving CL- $215,200 | Order of Opened Cards
Delta SkyMiles Blue- SL-$1K | CL- $22.6K
Delta SkyMiles Reserve- SL- $10K | CL- $20K
Chase Sapphire Reserve- SL $20K | CL- $40.5K
Cap 1 Venture Rewards- SL $10K | CL $ 21.5K
Amex Everyday Preferred- SL $13.1K | CL $10K ( moved some limits around )
Chase Freedom Unlimited: SL $23.4K| CL $39.8K
BOA Unlimited Cash SL: $20.8K| CL $15K moved some limits around)
BOA Travel Rewards SL: $20.8K | CL $5.8K(moved some limits around)
Amex Blue Cash Preferred SL: $10K
Amex Green Card: NPSL / POT: 17K
BOA BankAmericard: SL: $5K | CL: $30K
Message 4 of 20
JoeRockhead
Senior Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Nice, congratulations on your Cap 1 upgrade!

Message 5 of 20
KingRue8500
Senior Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Congrats on your Capital One Platinum to VentureOne Upgrade




Message 6 of 20
BigBS
Senior Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Congrats on the upgrade!

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

Message 7 of 20
CorpCrMgr1
Valued Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Great progress on your credit!

Message 8 of 20
Zoostation1
Valued Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Congrats on the upgrade! From the DPs I've seen with others and my PC experience it seems that the PC to VentureOne becomes a more likely  option once the CL hits $3k.  My QS1 was able to PC to V1 after a CLI that took it to $3500 (its no longer a V1 and I've moved some of my limits around since then fwiw).  If you didn't already have a QS I'd say that could be an option in the future (I did a second PC from V1 to QS).  Maybe you can be one of the lucky ones who get the opportunity to PC over to SavorOne.

Rebuild Started Nov 2021
June 2022 FICO 8:
June 2022 FICO 9:
Apr 2025 FICO 8:
Apr 2025 FICO 9:
Message 9 of 20
SKBirdmind
Regular Contributor

Re: Capital One Upgrade - Platinum to VentureOne

Thanks everyone for the responses and kudos! Card arrived Monday - it is indeed the same account number, just updated expiration and security code. Boring plastic (yes I care), but understandable for a $0 annual fee card...

 

For others in search of an upgrade - I'm not sure I have much else to share in terms of data points, I'm afraid. The upgrade link offered me either Quicksilver or VentureOne. If you notice my signature, I have a strong penchant for travel cards over cashback. Just for a lark, I tried the very same upgrade link for my existing Quicksilver and it didn't return any offers.

"If people want to pigeonhole you, then just view it as an opportunity to prove them wrong and show that you are different to what they think you are." -E. Gordon Gee

I Am Not My Credit Score - it's just a made-up number that we all have to live with.

NOW HIRING - senior credit analyst, account manager, or high-end specialist from American Express National Bank.


Don't Listen To Anyone In The Delta SkyMiles-AmEx Facebook Group

Travel Cards:                                                                                                                           Cashback Rewards Cards:
                       
Still Active, Less Used, Probably Closing Soon:                                                      Banks and Credit Unions:
                                                                                               
Former Accounts, Closed Cards, RIP:                                                                         Mysteriously Closed For No Reason I Can Fathom, Have To Reapply?:
                                                                                       Screenshot-2023-06-16-at-10-22-48-AM
Lost In The Epidemic Of Mergers and Acquisitions:
     
Message 10 of 20
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