Re: Venture and QS

pip3man · ‎08-31-2015

Wow I read it, u just had my jaws drop!!!! Holy cow!!!!! Any idea how much u ran through the card??

Anonymous · ‎08-31-2015

@pip3man wrote:
Wow I read it, u just had my jaws drop!!!! Holy cow!!!!! Any idea how much u ran through the card??

I just went through my transaction history for the months of February, March, and April, and I averaged about $4600/month (a total of about $13800).

Anonymous · ‎08-31-2015

Thanks for moving it, Sunrise. Since a large majority of people with Ventures and Quicksilver Visas have gotten large CLI's within 45/70/90 day periods I am hoping this thread will help show patterns and provide some guidance or roadmap for us -specifically related to Venture and Quicksilver Visa. I know the regular Capital One standards, but since these two cards seem to operate a bit outside that, it will be good to see that data.

Anonymous · ‎08-31-2015

@Ghoshida wrote:

1) Your card(s) type - Venture and/ or QS Visa : Venture VS / QS MC Plat (not relevant here but)
2) How long you've had the card : New Venture VS, obtained on 16 June (75 days old as on today). CL 15k
3) CLI offered during which time frame 45 days, 75 days, 90 days : SP CLIs denied when <1 month and <2 month but approved on 70th day
4) Amount of CLI offered at each data point : 2k. Could have waited. Didn't care to wait.
5) What your spend and payments were like, generally (so we can see how that intersects with CLI amount offered) : spent ~4.5k between account opening and now; paid off all but ~1k, which hasn't been billed yet.

Thanks Ghoshida! This is great

Anonymous · ‎08-31-2015

@pip3man wrote:
Venture approved on 06/10 with a $5k limit. Charged $3k in a single transaction on 06/17 which was the day I received the card and paid in full on 07/22. Charged another $715 in 8 total transaction and left the balance sitting there till this day. Kept hitting the luv button from Day 1 but always denied for account being too new so on 08/08 I tried and got a $400 offer for the first time which I declined. Then on 08/18 I hit the button again and this time around I got a $3k bump bringing new limit to $8k. So for me it took 69 days from date of approval to get a decent CLI. Hope this helps

Great information, mister!

SunriseEarth · ‎08-31-2015

@Anonymous wrote:
Thanks for moving it, Sunrise. Since a large majority of people with Ventures and Quicksilver Visas have gotten large CLI's within 45/70/90 day periods I am hoping this thread will help show patterns and provide some guidance or roadmap for us -specifically related to Venture and Quicksilver Visa. I know the regular Capital One standards, but since these two cards seem to operate a bit outside that, it will be good to see that data.

Standards seem to be different for initial CLIs, even for the "Credit Steps" level cards. As for subsequent CLIs, these appear to fall back under normal Cap One standards but we could use more data to confirm that. I agree that this information will be useful for recent Venture/QS approvals.

UncleB · ‎08-31-2015

I was approved for a new Quicksilver Visa Signature on March 7, with a credit line of $5k. After the third statement (but before the fourth) I gave the button a try, and was offered a $2k increase, which I accepted. I had been putting around $1500/month though the card, and paying anywhere from $500 to PIF (due to the promo there is no interest right now, so no urgency to PIF).

I was concerned that not PIF each time would impact my CLI, but it didn't seem to make a difference. I feel that my large payments did make a difference, though.