Capital One check for upgrade link

[Total80sKid]

Thank you, Gardener! Will do!

[Anonymous]

I disagree with Gardener.  Capital One is the major creditor that many folks have used to prybar HUGE CLs from other creditors because of Capital One's easy process to getting to big 5 figure CLs.

Also, secured cards issued before around April 2016 were not intended to graduate, but Capital One has been graduating some older accounts, just way slower than the newer secured card which was intended to graduate starting around month 11. So your card may graduate, but it may not.

I like Capital One because of the ability to increase credit limits significantly and use those big limits to get big limits from other banks.  If you look at other credit forums, a lot of folks with $50,000 credit limits also have Capital One cards with huge limits, and they got those limits high first with Capital One account combinations.

[Total80sKid]

Yea, it may or may not graduate, but how long does one wait? 3 years? 5? 10??

I just think it's a bit absurd.

If my scores are all over 680, cards both have $0 balance and they still refuse to graduate me, then I will close the secured one and might attempt to get the QS without the fee.

Keeping my limits low due to a high balance is understandable, but refusing to 'graduate' a card with a perfect payment history of several years is not an incentive to stay with them. At least not for me.

[Anonymous]

I will agree that Capital One can be a bit absurd. The issue is that until very recently, their business model was built around customers who are pretty much the opposite of credit savvy. Joe Six Pack doesn't think anything about closing a card and getting a new one for example. For this extremely savvy community, this model has been a source of not only great frustration, but also great opportunity, as we can sometimes manipulate the situation to our advantage. That is changing, however. Recent data points tell me they are getting wise to how we have used them in the past, so it will be interesting to see what the future holds.

[Anonymous]

I can only speak from my experience of having one of their secured cards, which I opened in 2015. They told me on more than one occasion that they do not and will not extend additional credit or combine my secured card with any other card, period. Those who have 50k limits have either combined non-secured cards with other non-secured cards or have higher income or usage than I. But when I say that policy doesn't involve working with secured cards, I speak from my experience.

[Anonymous]

The link still works for this long time lurker... 

Thank you so much for this information...I just got my MasterCard upgraded to QuickSilver! 

A little background...I started out with a $200 secured MC...after about 6 months of ontime payments, Cap One increased my limit to $1,700. A year later, I received an email stating that my card had been upgraded to an unsecured MC and my deposit was returned as a credit on my statement. So now a year and half later I've been upgraded to QuickSilver!

Hard work pays off 

[Anonymous]

I can confirm this DOES NOT affect CLI timeframes... at least not for us.
DW received her cli a month after
2000 to 3500
I turned down a 300 cli (at 4k now)

[kingkai1990]

Does this count towards 5/24 for Chase?

[Anonymous]

No - you keep the same account right down to the account number. Chase will never know.

[Asilomar]

I love this thread!  After reading a ton of it I decided to chat up Capital One and ask for my Quicksilver One to be upgraded to a Quicksilver Not One card.  And, since it didn't require a hard pull, what the heck.  And sure enough, I was able to do it.  I was surprised considering I've only had this account since August of 2016.  They also confirmed that even though my account just transitioned it wouldn't effect the next CLI interval.  

So, thanks Forumers!  I would not have thought to do that on my own.