Seeing as they apparently opened the floodgates for QS to SavorOne, I decided there was likely a PC window, and asked P2 to contact them immediately about a slightly different PC...
Almost a year ago P2 contacted them about downgrading his Savor to a SavorOne, as he was no longer military service, and would start getting charged the AF. To my shock and amazement, they said that that was not "available" to him, and the only change he could make was to a QS.
I told him to go ahead and cancel the card, and he went most of the way through the process when we heard them say that the next AF wasn't due to bill until June 2024. I stomped on the brakes, verified that I had heard correctly, and cancelled the cancellation for the time being... no harm in an extra 1% back for free for a year, and that meant that we could check throughout the year to see if it DID become "available".
Welp, when they opened the gates for QS to SavorOne, they allowed him to slip through with Savor to SavorOne as well... just a month and a half short of the next AF. 🥳🎉
Sock - 
On my 
Debit Cards - 
@NoHardLimits wrote:
@Aim_High wrote:Thanks for the posting, @1LostArk, and congratulations on your successful PC!
My Quicksilver started out as a Platinum Mastercard about 15 years ago with a lowly $1K SL, although it was apparently not bucketed. I PC'd it to a after that card was released a few years later and used it pretty heavily until 1.5% was no longer as competitive. For the past few years, I've used it sporadically and enough to push it all the way up to $34K with my most recent CLI. I've hung onto it hoping for either enhanced rewards on QS or a better product change.
I've often looked at the PC options but I've only been offered either the Venture ONE or Venture. Neither was appealing to me so I just hung onto QS. But tonight, after reading this posting I checked again and I also have the option of PC to Savor ONE!
I'm just not completely enthusiastic about it since I already earn better rewards, whether it's compared to the 1.5% non-categorized spend on QS or the 3% on dining- grocery-entertainment-streaming on Savor ONE. And since I have mainly just used the card indiscriminately for awhile as a daily driver to keep it alive and earn CLIs, I'm not sure if I'm better off with 3%/1% rewards or just 1.5% everything rewards.
For 3%+ dining, I already have Chase Sapphire Reserve, Bank of America Premium Rewards Elite with Platinum Honors (3.5%), Chase Freedom Unlimited, CITI Costco, AOD FCU 3% everything, AFBA/UMB Simply Rewards, and Synchrony Verizon Visa (3% Verizon Dollars.) For grocery, I already have Bank of America CCR with Platinum Honors (3.5% up to $2500 per quarter), AFBA/UMB Simply Rewards, AOD FCU 3% everything, and Synchrony Verizon Visa (4% Verizon Dollars.) Plus, there is the occasional 5% quarter on either dining or grocery with Discover IT.
But for uncategorized spend, I also have multiple options better than 1.5% including AOD FCU 3%, BofA Premium Rewards Elite 2.625% everything, PenFed Power Cash Rewards 2%, and Navy FCU Flagship Rewards 2% everything.
All-in-all, I suppose the 3% categories (especially being uncapped) are more worthwhile and would offer me better alternatives in the event other cards are nerfed. Any thoughts on what anyone else would do in this situation???
I took the product change offer from Quicksilver to SavorOne last year. Like you, I had lots of equal or higher paying reward rates for most of the applicable spending categories. However, there were a couple considerations that made the PC worthwhile for me. The entertainment and dining categories can be high spend areas for me, though not really consistent from year to year. The SavorOne is also a no annual fee card with no foreign transaction fee either. That means that the SavorOne card serves as my international dining and entertainment card. And due to no annual fee being charged, I won't feel guilty about keeping it around if I don't happen to travel internationally some years.
I think it's a no-brainer to accept an upgrade from QS to Savor One for the following reasons:
- The SUB on the Savor One isn't worth wasting a 5/24 slot on.
- Flat 2% cards a dime a dozen, which makes QS a sock drawer card at best.
- Both have no FTF, 1% vs 1.5% for internatinal use is negligible, and dining is probably the top travel expense outside airfare and hotels.
- Streaming and entertainment are somewhat unique and useful multipliers for a no AF card, even if you have better multipliers elsewhere for food.
All-in-all, I suppose the 3% categories (especially being uncapped) are more worthwhile and would offer me better alternatives in the event other cards are nerfed. Any thoughts on what anyone else would do in this situation???
@DoppelgangerD wrote:In the spirit of keeping it real, you are just overthinking it because you are OBSESSED with getting the most out of every card possible, lol.
Seriously though, your portfolio is just overqualified to even entertain this card. I'm surprised you use it at all, but if you are going to keep using it, you're likely better off to just keep it as a QS.
On the other hand, if I got offered the S1, I'd probably switch mine just to make it something different, and I'd likely put just a wee bit of entertainment expenses on it, but I don't dabble in the category enough to make it add up to much.
If I were using the QS as a DD though, I don't think I'd switch it.
I keep wondering how the acquisition with Discover may or may not affect these cards and possible PCing, but even if that did happen, we're likely YEARS away from such things.
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@NoHardLimits wrote:
I took the product change offer from Quicksilver to SavorOne last year. Like you, I had lots of equal or higher paying reward rates for most of the applicable spending categories. However, there were a couple considerations that made the PC worthwhile for me. The entertainment and dining categories can be high spend areas for me, though not really consistent from year to year. The SavorOne is also a no annual fee card with no foreign transaction fee either. That means that the SavorOne card serves as my international dining and entertainment card. And due to no annual fee being charged, I won't feel guilty about keeping it around if I don't happen to travel internationally some years.
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@UncleB wrote:
I'm somewhat in the same situation... I already have plenty of options (and plan B options, and plan c options, LOL) so converting one of my QS cards wouldn't change anything for me, either.
That said, for giggles I did check to see if it was an option for me (it's not). I'd especially like to do something with my mostly useless QS Visa card. It doesn't even get BT offers any longer and after the CLD a few years ago the only reason I keep it around is in case it might be able to get an interesting PC at some point and the card age (and it's not even that old - nine years). For those wondering, there are a few folks around here with a Savor/Savor One Visa, so it's not out of the question although we don't know if it's possible at this time.
Anyway, I already have a no-AF Savor WEMC (grandfathered) so adding a Savor One (on any network) would seem mostly useless. It's clearly not necessary (that could be said about many of my cards, ha) but if I'm going to have redundancy I'd rather have another 3% dining/grocery/cable/internet option for the 'keep alive' charges than a 1.5% 'everything' option, but that's just me. I'm really splitting hairs at this point, though, since I use my Altitude Reserve (or Citi Custom Cash) at grocery stores anyway, making the discussion mostly academic other than for occasional keep-alive charges.
TL;DR: In the event of a nerf, you've probably already got multiple other options so there's little to be concerned about there. If you like your QS you're fine keeping it as-is. If I had the option I'd PC to a Savor One just because 1.5% is rather bland these days (my subjective opinion), but that's just me.
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@1LostArk wrote:
I think it's a no-brainer to accept an upgrade from QS to Savor One for the following reasons:
- The SUB on the Savor One isn't worth wasting a 5/24 slot on.
- Flat 2% cards a dime a dozen, which makes QS a sock drawer card at best.
- Both have no FTF, 1% vs 1.5% for internatinal use is negligible, and dining is probably the top travel expense outside airfare and hotels.
- Streaming and entertainment are somewhat unique and useful multipliers for a no AF card, even if you have better multipliers elsewhere for food.
Thanks for the feedback @DoppelgangerD, @NoHardLimits, @UncleB, and @1LostArk. Some excellent points. I agree that one reason for the whole quandary is that my profile is indeed 'over-qualified' and developed for the current renditions of either the Quicksilver or Savor One. I like Capital One, though, and like having a presence with them. At one point, the Quicksilver was industry-leading with 1.5% cash back and no minimum redemption, so I've kept hoping they might become more competitive again on QS or other cards as the market has evolved. And yes, I also wonder how the Discover acquisition will affect the cards from either of those lenders.
To clarify, though, the only times I use the QS as a daily driver is for brief periods prior to asking for a CLI. I'm unlikely to change my usage patterns with the card substantially since neither the QS or Savor One rewards out-shines my other cards. But I will continue to keep it alive and perhaps enough to continue to grow it. Given that, the difference in rewards is negligible either way. The 3% dining and grocery categories on Savor ensure that I would get decent rewards in those periods, even if I put a little 1% spend on it.
I could see the Savor One being a better long-term card due to 3% uncapped in dining and grocery with no AF. Those categories, especially on one card, would be more difficult to replace than 1.5% on everything.
Most of the recommendations were to PC to Savor One, and I tend to agree. Depending on their definition of "entertainment," I don't have any other cards with that explicit category although I believe my BofA Premium Rewards Elite includes some entertainment in their travel category. Streaming isn't a big spend area for me, but that could be helpful also and I don't currently have a card for that category. I appreciate how the QS had no AF and no FTF, but that also applies to Savor One, as pointed out. And I definitely don't want to waste a HP on a new Capital One card since the rewards don't enhance my wallet, the SUBs are not enticing, and they have the dreaded 'triple-pull' for approval. The only one I'm somewhat interested in would be the Venture X, but their preapproval link and reports from other members indicate I'd be denied for having too many current revolving cards. And if Capital One decides to enhance the Quicksilver where it would be appealing again, I might be able to product-change back again later.
So yes, I think I will product change my Quicksilver to Savor One.
@Aim_High wrote:So yes, I think I will product change my Quicksilver to Savor One.
I see you have already updated your signature with an image of SavorOne. That was fast!
@unsungivy wrote:Seeing as they apparently opened the floodgates for QS to SavorOne, I decided there was likely a PC window, and asked P2 to contact them immediately about a slightly different PC...
Almost a year ago P2 contacted them about downgrading his Savor to a SavorOne, as he was no longer military service, and would start getting charged the AF. To my shock and amazement, they said that that was not "available" to him, and the only change he could make was to a QS.
I told him to go ahead and cancel the card, and he went most of the way through the process when we heard them say that the next AF wasn't due to bill until June 2024. I stomped on the brakes, verified that I had heard correctly, and cancelled the cancellation for the time being... no harm in an extra 1% back for free for a year, and that meant that we could check throughout the year to see if it DID become "available".
Welp, when they opened the gates for QS to SavorOne, they allowed him to slip through with Savor to SavorOne as well... just a month and a half short of the next AF. 🥳🎉
My current SavorOne card started life as a Savor with the annual fee. When I asked to PC to SavorOne at the start of the second year, I was also told that I could only PC to Quicksilver. So I took a detour through Quicksilver for a couple years until I was finally allowed to PC to SavorOne last year. Glad to hear that your P2 was able to take the direct route.
@NoHardLimits wrote:
@Aim_High wrote:
So yes, I think I will product change my Quicksilver to Savor One.I see you have already updated your signature with an image of SavorOne. That was fast!
😜 Caught me. It was easy-peasy, @NoHardLimits. 😁
@DoppelgangerD wrote:"To clarify, though, the only times I use the QS as a daily driver is for brief periods prior to asking for a CLI."
Based on your sig, you seem to be well versed on how to get the increases.
May I ask your strategy for the QS?
Are you putting a ton of spend on it in a single month?... and do you ask for the increase before or after statement closing, and before or after paying it off?
I'm trying to let my 17 yr old use my QS for learning how to use CCs, and since he's putting like 300-500 a month on it, might as well see if I can get an increase out of it, because why not, lol.
Sure, @DoppelgangerD, I'll pass along some tips and links to other helpful threads with data points. In general, yes I put heavier spend on the card for about two billing cycles (or more) prior to requesting a CLI. PIF on all charges including the one immediately prior to requesting the increase. For most of my CLIs over the life of the card, I needed to allow at least 45% utilization to post across the previous six months. In other words, if CL is $20K x 0.45 = $9,000 / 6 months = $1,500 per month average (not $9K monthly, but $9K total spend in-between CLI requests in this example.) But then I reached a point about three years ago when they started giving me $1K to $3K increases with a minimal amount of spend (maybe $3K?) Oddly enough (or perhaps not), I had opend a HYSA with them and have kept a large deposit so that may have helped my experience. Some of my older posts have some extensive data points.
See this one in particular when I reached $25K.
Message 34 in thread has many data points:
Also, see this thread with many data points from @Curious_George2:
Also, here are my most recent CLI approvals since reaching that $25K milestone. These thread also mention some data points and you can see the time-line. In some cases, they approved at less than their standard 6-month interval.
Generally speaking, this "formula" works well with many lenders. Heavy focused spend on the target card in the months leading up to a CLI request and putting a significant amount of spend on the card as a healthy percentage of the existing CL. I will make one of my cards essentially a daily driver, sometimes even missing out on higher rewards on other cards, in order to drive up spend on that card. (Some of our members aren't willing to sacrifice rewards to do this, even temporarily. I will say, though, that I don't always totally neglect my other cards. It depends on how much other spend I have to spread around.) I may also look for special opportunities such as prepaying on my utility or insurance bills. Of course, you've got to have the extra cash flow to play like that.
@Aim_HighGranted your credit profile is far stronger than mine, but it's interesting that you mentioned the HYSA in your comment. While my profile has gradually improved over time for each of the 4 Cap 1 cards I've opened, and Cap 1 isn't really known as a relationship bank, I opened an HYSA with them between roughly 8 months before applying for the 3rd card and never saw any preapprovals with the sub before the HYSA. I doubt we have any DPs but I wonder if there's any internal scoring that it helps with.
