Quicksilver1 Mastercard version question.

[Anonymous]

---

@risingup2day wrote:

@Dalmus 

Yes, a month ago I check and I think I was pre qualified for the QS, Venture and Venture1. I opted to go Venture1 because $95 annual on the Venture card was crazy high, plus I have plenty of Cash Back cards that I like using more. So Venture 1 for me. And I was approved, 10k, plus 12 months 0% and got the small sign up bonus ($200 in travel).😌

---

One strategy a lot of people use is to app for the Venture since the AF is waived the first year, earn the bonus, then before the first AF is charged, PC to the no-AF QS. I was lucky, I got the Venture before the AF went up. $95 is silly. 

[Anonymous]

Ok. So you state combining cards is not an option due to age. However if you take option 1B as you stated;

1B. If no fee is waived, Thank Capital One and close the card like the end of a Chapter in a book.

Then combining is very much so an option. Because at this point in option 1B you will have already renewed another year. Your fee will not have been waived. And therefore you'll be paying that fee just to close the card which makes no sense to me personally. If you go that route (1B) I suggest you wait it out a few more months and then combine limits. Whats a few more months anyway once you've already paid the AF? 

Anyway best of luck to you. Just some food for thought. 

---

[risingup2day]

@ Bella007

Lol wish I would have see this before I took the Venture1 😂!! Oh well, maybe if I every decide to take another triple whack... just might do that.

[risingup2day]

@ Roy21 appreciate the comment.
Not entirely true. Once the fee kicks in, you have 30 days to decide to keep the account. If you close the account prior to expiration of the 30 days, Capital One will refund you the cost. The way the manager explained it, the annual fee is for the cash reward program. Since the card is considered a “rebuilder”. We will see on the 25th of February. I will post what transpires of the next few weeks.

By the way, I called again the other day and spoke to another Manager, not the front line reps. He apologized that there was not offers as of yet on the card. I reminded him it’s been almost three years! He apologized and gave my $15 dollars credited to my cash rewards... I was “would you like to give me $39 to pay for my annual fee?” He just laughed and said call back in February and see if he can give me a little more to compensate me. I don’t want compensation, I just want out of the annual fee, a couple of strokes on the keyboard and bam... his keyboard was broken...😶 just kidding... I just have to wait for now.

[Shooting-For-800]

I went from QS1 MC to QS MC to Venture World Master Card.

From $3k to $3.5k to $12.5k before combining with another QS at $13k to make $25.5k card.

The QS was no fee and the Venture is $59 fee but I get 2% back which is over $1k per year for me.

Has been Venture WMC for around 2 years.  No issues.  No Problems.

If you use your card and pay your card, it will grow and you will lose the AF.

[Anonymous]

My QS1 was pc to a QS at about 7 or 8 months 

[VLGaffEsq]

I was able PC my CapitalOne QuicksilverOne MC into a Quicksilver Visa card by telling them I was willing to close the card immediately.  My goal was to kill any annual fee and lower the interest rate (I also had a FICO score of over 740 and other credit cards at much higher limits than my $3,250.00 limit with CapitalOne.  I now have no annual fee and a possiblity of a limit increase within 6 months.  Fair warning...my experience with CapitalOne (for which I have been a customer for over 6 years) is that they are very stingy with credit limit increases (even though I have other cards at $7,000 and $4,500).  I recommend sticking with CapitalOne; I am a big fan, especially since they are a company which believes in giving people a "second chance!"

[UncleB]

---

@VLGaffEsq wrote:

I was able PC my CapitalOne QuicksilverOne MC into a Quicksilver Visa card by telling them I was willing to close the card immediately.  My goal was to kill any annual fee and lower the interest rate (I also had a FICO score of over 740 and other credit cards at much higher limits than my $3,250.00 limit with CapitalOne.  I now have no annual fee and a possiblity of a limit increase within 6 months.  Fair warning...my experience with CapitalOne (for which I have been a customer for over 6 years) is that they are very stingy with credit limit increases (even though I have other cards at $7,000 and $4,500).  I recommend sticking with CapitalOne; I am a big fan, especially since they are a company which believes in giving people a "second chance!"

---

@VLGaffEsq, are you sure they changed the network from MasterCard to Visa?  If so that would be the first we've heard of Capital One doing that, since in the past they've said that the network couldn't be changed.

What we usually see (and what I did myself) is a change from Quicksilver One to Quicksilver, and leaving the network the same. 

[risingup2day]

@ UncleB in another thread you used an upgrade link using chrome and it worked for you. Can you provide some details in the card you changed?

I’m assuming your was a Mastercard.
How long you had the account?
Was a primary card or set up for small reoccurring charges?
Do you have any other capital One cards (not co-branded)
And if you don’t mind, what is your current Fico at the time of you upgrade?

Thanks just trying to get a cleaner line of sight

[UncleB]

---

@risingup2day wrote:
@ UncleB in another thread you used an upgrade link using chrome and it worked for you. Can you provide some details in the card you changed?

I’m assuming your was a Mastercard.
How long you had the account?
Was a primary card or set up for small reoccurring charges?
Do you have any other capital One cards (not co-branded)
And if you don’t mind, what is your current Fico at the time of you upgrade?

Thanks just trying to get a cleaner line of sight

---

Details you want... and details you will get! 

Using the link provided in the 'big' thread (here) all I can get to is my oldest card, in my case it was opened 10+ years ago as an Orchard Bank/HSBC 'Platinum' MasterCard.  When the card transitioned to Capital One they made it into a Quicksilver One Platinum MasterCard, albeit with the same $79 annual fee (which seriously annoyed me, since new cardholders only had an AF of $39). 

For several years I tried in vain to get an upgrade to a QS, but if I waited until the AF posted (but not before) they would usually waive half of it, which got me to $39.50 - still 50¢ higher than a brand new cardholder (that was almost worse, like I was being taunted... LOL).

Anyway, I was finally able to get a PC to a Quicksilver a couple of years ago... you can read the minute-by-minute here:  http://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-QS1-to-QS-PC-Finally/td-p/4460966 

I currently have three Capital One cards; the "old" one mentioned above (that I just made into a Venture One a couple of weeks ago as an experiment); a Quicksilver Visa Signature that I opened three years ago, and a Quicksilver World Elite MasterCard that I opened last year as a Venture WEMC, and just changed to a QS a few weeks back.

As I mentioned above when I use the link in the 'big' thread it takes me to my oldest card, but there's no way to navigate to my other two cards from there.  The solution is to login to my account and pull up the screen where I'm looking at a card's transactions; while on this screen add "/productupgrade" to the end of the URL (without quotes, and being careful not to change any of the 'gibberish' already in the URL field) and it will take you to the upgrade options for the card you're looking at.

I previously could never get this to work in Firefox, but it would work in Chrome.  I've changed out some of my Firefox add-ons, and now the "trick" is working in Firefox as well.  In other words, if you can't get it to work, try another browser before giving up (especially if you use a lot of add-ons like I do).

About the "old" card... it started with a $300 credit line (as Orchard Bank), and with CLIs I've been able to 'nurse' it up to $5900.  I only use it for a single recurring charge that's just under $20, and it's one of the few cards I still hit up for a CLI every few months.  They usually say 'no' due to lack of use, but back in September I ran around $1.5k through it and they gave me an additional $1k a few weeks later (the new CL $5.9k); whether those two events are connected is up to the viewer to decide, but I tend to think it didn't hurt.

My QS Visa is now at $13k, and my QS WEMC is at $11k, both comfortable limits for my needs.  I did try to get a CLI on the QS Visa a few weeks ago, but they denied it.  This is generally no surprise in itself, but this time instead of 'lack of use' they complained about my credit score and balances in relation to income.  They are looking at the mortgage score for EQ which in my case is both the lowest bureau and the lowest version, at right around 710 (FICO 08 is 770+ for all three).  I'll try again in a month or so when my balances are lower and I predict they'll give me another $1k, that seems to be the 'norm' for my relationship with them.

At the time of my initial upgrade from QS1 to QS in 2016 my scores were being held back by two old baddies; if I remember correctly my scores at that time were around 710 (FICO 08).  

If I've left anything out or if you have additional questions feel free to ask.