No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I definitely think I qualify for the upgrade. I checked online and it says no upgrades are currently available to me. I called Capital One and she said that she did not see any upgrades showing as available on my account. But my FICO scores are in the 740-760 range, my credit utilization is well below 10%, and Capital One itself recently approved me for a World Elite Premiere Dining Rewards card with a 10K CL. I think I deserve the upgrade! The QS One is for 'fair" credit. My credit used to be fair (or worse) but I like to think that it's now good or maybe even excellent. So I should have the QS for good-excellent credit! I don't want to get rid of this QS1 account though, as it is my oldest open account (over 10 years old now) and I don't want to apply for any new cards as I have a lot of recent inquiries from my recent app spree. I don't think they'd approve me for any more accounts right now. I just want to change QS One to QS and think I have a very strong case for doing it. My question here is who specifically could I write or e-mail to get them to seriously consider this upgrade...they don't seem to want to do it on the phone since their computer doesn't show me as "having an upgrade". I think if I write or e-mail someone it might help my cause more.
Did you try the live chat function on the QS1's home page? It's a little chat bubble on the bottom left of the screen.
I think you deserve an upgrade.
But the issue is that QS1s are difficult to upgrade. It seems that it's tough to upgrade a Captial One card with an annual fee into a no-fee card.
I upgraded two QS1s a couple of weeks ago. The advice I got from Capital One was that I should call in each month because offers were few and far between.
I also made sure I used each card each and every month, making charges and paying in full. I didn't necessarily charge a lot, and I usually didn't leave statement balances. After about 11 months of consecutive usage and payments, the offers appeared. I don't know if there's a connection between the usage and the offers. Maybe it was just coincidence or dumb luck. But it sure doesn't hurt to try.
Same boat, I have 750 FICOs all around but no offer to upgrade my 2 year old QS1
The advice I got and that Im going to follow is to consolidate my cards away from AF because I already have a QS
I was waiting for a CLI but they wont even give me one of those right now car is at $2500 but most of my cards are over $10k limits
I had a similar sitation recently.
I had an 11 year old C1 Plat card stuck at $1750 CL with no upgrade offers. Every few weeks Id call to see if there was an upgrade. Nada
I would tell the CSR my complaints and she'd record them
Finally I PIF my bill and even ended up with a credit bal.
Three weeks later I got an upgrade offer to the QS card. I took it
Couple weeks later I hit the CLI button and approved for $2000 increase
Moral of the story
Make sure your account is PIF and complain monthly to a live rep
Now Ive got to try to duplicate this with my 9 years QS1 card
Good luck OP
I have contact Capital One again via online chat. No dice. They are simply not willing to upgrade my QS1 at this time. I guess they really want that $39 AF from me. They have me by my member here though- The account is over 10 years old and I really can't close it because I've opened up quite a few new accounts this year and I need this old card to raise my credit score. I guess I'll keep trying every few weeks. Maybe in a year or two if I still haven't had any luck upgrading then I'll apply for a QS then if they approve it I'll just combine my QS1 into it. Right now I think I have too many recent inquiries to risk applying for more cards.
@Bandit5160 wrote:I have contact Capital One again via online chat. No dice. They are simply not willing to upgrade my QS1 at this time. I guess they really want that $39 AF from me. They have me by my member here though- The account is over 10 years old and I really can't close it because I've opened up quite a few new accounts this year and I need this old card to raise my credit score. I guess I'll keep trying every few weeks. Maybe in a year or two if I still haven't had any luck upgrading then I'll apply for a QS then if they approve it I'll just combine my QS1 into it. Right now I think I have too many recent inquiries to risk applying for more cards.
I was in a similar position with mine. The cards were so old that I didn't want to close or combine them. Had they been open only three or four years, I'd have combined them into my QS card in a heartbeat.
All I can say is use the card every month, pay in full every month, call every month, and hope for the best. You can probably absorb one more annual fee, but you don't want to let that go on forever.
The bottom line is that the QS1 isn't a long-term keeper. Don't let the card get so old that it's going to drastically change your AAoA or AoOA (age of oldest account) if you close or combine it. If you get it while you're in the building/rebuilding stage, you're likely to have other cards that are about the same age. If it can't be product-changed within a year or two of opening it, closing or combining won't have enough of an effect to worry about.
When people ask, I always recommend the no-fee Platinum over the QS1 because it's so much easier to PC. Because there's no fee, if it can't be product-changed or combined, there's no harm in letting it reside in the sock drawer.
@HeavenOhio wrote:
@Bandit5160 wrote:I have contact Capital One again via online chat. No dice. They are simply not willing to upgrade my QS1 at this time. I guess they really want that $39 AF from me. They have me by my member here though- The account is over 10 years old and I really can't close it because I've opened up quite a few new accounts this year and I need this old card to raise my credit score. I guess I'll keep trying every few weeks. Maybe in a year or two if I still haven't had any luck upgrading then I'll apply for a QS then if they approve it I'll just combine my QS1 into it. Right now I think I have too many recent inquiries to risk applying for more cards.
I was in a similar position with mine. The cards were so old that I didn't want to close or combine them. Had they been open only three or four years, I'd have combined them into my QS card in a heartbeat.
All I can say is use the card every month, pay in full every month, call every month, and hope for the best. You can probably absorb one more annual fee, but you don't want to let that go on forever.
The bottom line is that the QS1 isn't a long-term keeper. Don't let the card get so old that it's going to drastically change your AAoA or AoOA (age of oldest account) if you close or combine it. If you get it while you're in the building/rebuilding stage, you're likely to have other cards that are about the same age. If it can't be product-changed within a year or two of opening it, closing or combining won't have enough of an effect to worry about.
When people ask, I always recommend the no-fee Platinum over the QS1 because it's so much easier to PC. Because there's no fee, if it can't be product-changed or combined, there's no harm in letting it reside in the sock drawer.
I dealt with a stubborn QS1 for years, so I can definitely empathize.
I do have one suggestion, though. I was in the same boat (the card was/is old and I didn't want to close it) but until I got the upgrade to QS I was able to get quite a few AFs either waived or partially waived (generally half).
They can't credit a waiver, though, until the AF actually posts so you'll have to wait until then to ask. The worst they can do is say 'no'!
Pro-tip: Some might suggest saying to the CSR that you want to close the card so that you get transferred to retentions, but that can be a mixed-bag. I tried that with a Capital One Card a few years back and was amazed with the efficiency in which the account was closed... in my case it was OK (that particular time I really didn't care) but had I been 'fishing' for a retention offer I would have been rather unhappy with the results.
I started with the platinum $300 limit...after I completed the steps program they auto increased my limit to $2300. Was at that limit for about 6 months and then I suddenly racked up charges due to unforseen dental work. I guess Capital One saw my use of the card as a positive and they auto increased me again to $5300 limit. At that point I Pc'd the card to the Quicksilver. Coming up at 6 months since my last credit limit increase. Will be interesting to see if I can get more seeing as I've put more heavy usage on the card while still maintaining less than 25% util when the statement cuts. Anyway, Capital one has definitely opened doors for me and I am very grateful. Seems that with healthy/responsible use of the card will lead to promotions. Best of luck.