@frankjaeger wrote:Capital One Platinum $3,500
I also have a Capital One auto loan with a $16,000 balance that I have the funds to pay off, but I haven't yet because I don't want it to drop my score.
do you qualify for NFCU?
on desktop, login to your Cap1 account, click into your Platinum card account, and add /productupgrade after the equal sign and see if they would be willing to change you platinum into another quicksilver or a savor one
also what does Cap1 pre-approval tool say if you try it for a Savor One?
https://www.capitalone.com/credit-cards/preapprove/u/?landingPage=savorone
because honestly PPMC (if they ever increase your limit) or Quicksilver + Savor one + store cards is like 85% of the way there for any possible spending you would have.
do you want to pay off the car? what's the interest rate?
if you want a loan for credit score purposes, they have actual good ones from either NFCU or Penfed (if you don't qualify for NFCU) where you can pay it down to 9% and push out future due dates towards the end of the term of the loan. Perfect for FICO scoring.
@frankjaeger wrote:The /productupgrade works. It says I can choose either a Venture or another Quicksilver. Also, the pre-approval page lists three cards for me: Quicksilver, Venture, and Savor.
venture with $95 AF or venture one, no AF?
honestly, a savor one (not the $95 savor which would only make sense if you spent $10k on food/year) would be perfect for you with its cash back categories on food, I would consider it
you could keep trying that product upgrade link until they let you turn your platinum into a savor one, or just apply for one. It's the biggest glaring hole in your cash back coverage and there's limited other options to fill that role at least that I can think of off the top of my head.
did the pre-approval say Savor or Savor one? the bonus version or the one "for good credit"?
@frankjaeger wrote:VentureOne, sorry. Can you combine cards? Like instead of having two Quicksilvers, one with $3,000 and one with $3,500, I can have one with $6,500?
Also the pre-approval was SavorOne
you might have an option in your menu somewhere, "I want to..." --> Offers and upgrades
read through that thread linked below
you might be able to move a majority of the limit over and then close the other card, but I'd read through that thread and check your account options to see if that button is there for you, that button may not be there. Your options for moving limits may not be there or approved when you make the request (soft pull).
@frankjaeger wrote:It's there, and I also accepted an offer on the SavorOne. Now the question is do I move everything to the SavorOne or the Quicksilver..
congrats, definitely make a thread!
what are your CL's?
depends on your food spend, but half/half is good, but it will all be based on what Cap1 approves you to move over, they might limit how much you can move over or if you can move any of it over at all
@frankjaeger wrote:It allowed me to move $3,000 of the $3,500 of the Platinum to the Quicksilver. Quicksilver is now at $6,000, Platinum at $500, and new SavorOne is $2,000.
at this point I would close out the Platinum and make room for a Walmart card if you shop at walmart at some point in the future.
or if not, you can just leave it open since it's $0 AF
congrats!!
free uber one membership and 10% off uber thru most of 2024 if you're an uber customer