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@Civil wrote:
If you can't afford an annual fee of $39 a year, you should not have a credit card period and thats for anyone. QS1 is not a bad card to get, I started with Qs1 500 CL and in 5 months they gave me a total of 3500 CL and on the 6th month I PCed to a VentureOne. At this point if Cap one is giving you credit based on your score you should take it and build off that. Plus if you use the card a lot and pay it off it pays your AF because you get 1.5% cash back.
I agree that if you really cannot afford $39 a year, there are big issues, but that's not what people are saying. If there are free alternatives, why waste money on a useless AF. Plus, as others have said, the Cap One Plat seems to have more success for upgrading than the QS1, even if you personally managed to get a VentureOne (which isn't really a goal card, being worse than the QS).
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@HeavenOhio wrote:QS1s are frequently very difficult to product-change. Around here, we see a lot more frustration than success. Platinums, on the other hand, are usually very easy to upgrade after a few months.
This is very true. I've actually dealt with it personally, an it is what caused me to close my Cap1 account.
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |
I would get the QS1 and use it for every purchase and pay it off WEEKLY.
Cap One CAN grow with you as your improve.
Sometimes you have to open up additional/better cards, sometimes you will get CLIs.
For me, it was both.
Use it, Pay it, Grow it.
GL!
DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!
@RonM21 wrote:
@HeavenOhio wrote:QS1s are frequently very difficult to product-change. Around here, we see a lot more frustration than success. Platinums, on the other hand, are usually very easy to upgrade after a few months.
This is very true. I've actually dealt with it personally, an it is what caused me to close my Cap1 account.
I closed my Cap1 QS1 account for the exact same reason.
@Anonymous wrote:
My vote is also for Platinum over QS1 for the easy path to QS with proper management, with the dead end AF QS1 you'll be paying that AF for a long time to come based on recent data, it's the worst card in an already average Cap One lineup.
Ditto
Im a fan of going the Discover Secured Route and saving a pull... Theres some datapoints that Miss Disco will usually match on unsecuring if you put in a higher amount to start.. but also you can sometimes get an auto CLI with a smaller deposit too.. Though id try to put in a bit more than the minimum if possible... Someone was throwing around 500... thought that was a good amount to aim for... or more...
-J