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I recently received and Quicksilver Card after having a bankruptcy. I know, I do not know how it happened either. Any way, I only used it to pay for things I already had money available for. Bills, Gas, etc. I paid those debts within one week of incurring them. After four months Capital One doubled my limit, without even asking. Double, Triple, or just pay off your debts early, seemed to the best way to get that increase, quickly.
Hey Steve! I was discharged in February. I got pre-approved for a quicksilver one card. I was surprised they gave me 2000 cl. 5 months later they gave me a 2500$ increase. So I’m up to 4500$ in less than 6 months right out of a bankruptcy. I’m happy asf
Really? So I file for bankruptcy chapter 7 in October 30 2022 and as of Dec 3 I apply for secure credit card from capital and I was approved for quicksilver credit card $3000 credit limit and I haven’t been discharged yet.
I filed bankruptcy 11 years ago. As soon as all that debt fell off my credit score went up to 750. Last years I hit the 10 year mark and my credit went up to 820. I always had the Cap 1 card and paid it off in full every month. My credit limit it 5k
Had this card for 5 years, used it daily. Payed off every time, never carried a balance. Never received a credit line increase, has stayed at $1,500 for 5 years. Opened Navy Fed card instantly approved for 25K. Capital one offered to upgrade my quicksilver to a Savor, they instead opened a new credit card with 7k line. My advice get this card to help build credit, capital one is notorious for minimal credit line increases. Once your credit is good enough get a AMEX or Navy Fed credit card. Capital one increase limits for those who max the card out and pay the minimum payment on 19% APY. Only digging them further into debt.
I’m guilty of not using my quicksilver card. Cap 1 was my first card; many years later they did a product change to quicksilver. This video got me thinking differently.
You are completely right! As a business owner I was getting denied many times using the self-employed category. I do have an LLC but I put employed, $112,000 salary and it works 🎉🎈🏆 I finally got my first credit card super excited 💯🎯
Thanks Cal!! I just upgraded my Quicksilver to a venture no annual fee card. Through your link in this video I’ve been trying to do this for a year. They just gave me a credit limit increase a month or so ago to $4000 from $1,000 they surprised me I didn’t ask for it!!
I wouldn't have a 720 score without capone as the cards were a starting point. No other card would approve me without being secured with a 480 credit score I tried lol now I have no issues getting better ccs
This is great information. I finally after nearly 2 decades of trying to live without credit, realized that it's better to have it and not need it vs needing it and not having it. I built my credit last year from scratch thanks to my bank and I got the C1 QS card with no annual fee. I plan on using this input towards building things further. Thank you Cal!
I recently added Cap 1 (bankruptcy in 2021) starting with $5k limit. 700+ fico. I was authorized on a family member card to kickstart me out of 2021 fiasco and added (4) cards fairly quickly with a combined just under $15k overall limit. I had to close Aspire due to their shenanigans of changing ToS to add a $5 maintenance fee monthly (I didn't want to pay it and wait for the next thing to be snuck in). I'd say the #1 lesson I've picked up, is be "choosy" about the c/c's you pick. Be patient. Set yourself up with the idea that the c/c you choose is going to be with you for decades.
Informative video. Use your card people! When I first got this card 6 months ago, credit limit was only $1k. Third or fourth month in, credit limit jumped to $3.5k without me requesting a increase
Here is a data point. I had the quicksilver car for about 6 months with a $3500 CL (fair bucket) and received a CL increase of 1K then the following month had offer to move up to Venture One card. I took it. I’m using my card as you stated and paying it down to about 10% of my total CL by the closing date. I’m hoping for another CL increase soon.
I started with 500 cl a couple yrs ago and got offered quicksilver which I accepted ofc and they gave me 5k now I’m just waiting for it to come in the mail. Is that good? I’m assuming I’m in a good bucket
I just received my quicksilver card. Cl 1000 but I'm hoping to get to atleast 5k in a few months. Also I applied for a spark business classic since I do landscaping on the side and they approved me for 3k a few days from applying for the qs. I'm happy with C1 so far.
I use my cards for almost everything then wait the couple of days for it to post to my account and pay it off. Never have to pay interest. Almost always have a zero balance.
you gained a sub brother! i have two quicksilver cards and wanted to switch one to a Venute card. i chatted a rep and they said they COULDNT! i just used the upgrade link in the description and turns out i can change either card 😂. idk why they keep this info to themselves but im glad i found it. thanks again!
Three months?? I’ve had my quicksilver card since October last year with a starting balance of 300 and I’ve never been late always paid on time and used it them chumps still didn’t give me a increase so I applied for a card through navy federal and I got a credit limit of 3500 from the start!!#shameoncapitalone
I use my card for everything and I just pay the entire balance at the end of the month or at least pay the statement balance in full and you won't have an interest fee and your bill is on time and you are not in uncontrollable debt
I use my Quicksilver card for monthly bills and the Savor1 card for dining and grocery so I can that 3%! Then I use the Apple Card at Exxon for 3% back on gas. I think it’s a good set up.
You can also do same with your Quicksilver card! I use at Sam's Club & get 3% back! Capitol One is a very good card & their Customer Service is excellent! Someone tried to use my # & charged $1. I received text from Capital asking reply yes/no & when replied no, Instantly they shut it down & issued me new card! I have never had an unpleasant interaction with Customer Service. They go above & beyond!!
I was watching this videl while I made the Quicksilver application online!!!😲😲😲 I had a $500 secured card. They approved me for a CL of $3,000!!!!! This is a great start!!! I can pay bigger purchases now!!!👍👍👍👍👍👍
@@cassandraclark5499 - - i had a the cap1 platinum for a long time with only $2300. pretty sure it was bucketed. so i canceled it. then started receiving pre-approvals for the QS. then i finally received an email for the bonus plus promo 5x on gas & groceries so i decided to pull the trigger.
My quicksilver request for CLI def was denied for not enough usage. However, my Savor One card was increased automatically after using constantly from 750 to 4300. That’s was a shocker
I’m 20 barely had credit for 8 months and capital one gave me a 5k credit limit with the quicksilver card after I was approved. That’s way more than I thought I was gonna get but I’m happy with it for now
That’s exactly what happened to me! I had a $1,000 spending limit and I requested an increase and all they gave me was a $100 increase! That was definitely laughable! After that I thought about canceling my card but I know that’ll look bad on my credit report.
Cal, Glad I found your channel and subscribed. You put out so much good content and videos. You make it very easy to understand and you don't go to fast. Appreciate what you do. CAP One is a thorn in my side. I sat at my CL for 2 years 600, 600, 1500. I would use a lot of the credit line like you said. Capone would decline me and say I am using to much of my CL. I would pay them off every month to. SMH Capone and I cut the cord. Maybe I will come back to them in the future but it will be a while.. I hate their Bucket they put people in.
Jermey I”m like you I hate CO1 bucket system also but don’t wanna take the hit on score going down use CO1 for gas . Until I can get with chase after the 5/24 . When you product change they give you the same card so you have two quicksilver with Different limits instead of incase ur limit
I've had to use both my Quicksilver and Journey cards to keep afloat. When my pipes burst I had to my card to get it fixed and it took a while but I'm almost payed up.
So that's why my credit limit has gone up on my Walmart card recently. High usage and on time payments even though I can't pay it off completely yet. Walmart's store card is through Capital One. I have a Capital One Platinum card that went up by $100 and I've only put more than $300 on it twice. I only use it for paying my monthly bills and pay it off every month.
Thanks Cal!!! I just used the upgrade link provided and my CAP1 QS1 was upgraded to a QS. 👍🏾 FICO 9: EQ 786 | TU 782 | EX 772 Vantage: EQ 762 | TU 761 | EX 765
I have my Quicksilver card set to autopay my utility bills, and when I go to Walmart. I have a $3000 limit, so I wouldn't say I NEED a limit increase any time soon.
I typically cycle through my cards so they're constantly being used. I quit using cash and debit card because there's no benefit to them and also much less security in case someone racks up fraudulent charges on your debit vs credit card.
Mannnnn i added two Authorizes users, increased my household income by 100k they use 80 percent of the card n pay it off, credit score is 787 and they still wont budge on my card.
Great video! I never new about the card upgrade. I currently have the quicksilver card but I’m eligible for the venture one. Would the rewards I already have change from cash back to travel miles?
Capital one cut my limit in half because I didn't use it enough. My score went up when I kept a card balance. They make money when I use my card. Basically you have to pay these a-holes for a good credit score. Paying on time, means nothing. You have to give them money to buy a good credit score.
I just experienced this lately. I took this as an insult, and turned it down 💯. Capital one, approved me for $100 ✅. I might work this card out when I go to Dominican Republic next month.
I have high usage and pay off most months. They did increase me once without asking 1k to 8.5k. When I asked for an increase last year, after my salary doubled close to 200k, it said I wasn't eligible. I think it was because I had a new card four months prior.
No that won't help, Capital One mainly wants to see high monthly usage to increase your limit. If you were bucketed from the beginning it can take much longer. Great score BTW.
I agree I was at a low credit limit for years. Then started using it more recently for about 3-4 months and paying it down to about 30% of that CL. And got the unexpected increase 😄
On the self employed thing you are 100% right im self employed and its hard to do basic stuff with finances and i make almost 100k my boy makes over 2mil and he cant has the same problem. Getting a vehicle or house is impossible
Loved the video bro I miss my credit up when I was younger and I got approved for the small credit one Quicksilver one $300 limit. I used all the limit and then paid my balance off and one payment. It’s taking a little bit because it’s a new card for my money to go back on, but I’m assuming it gets better overtime. This helps
Thanks for the video. I never ask for increases. Watched the video today and asked Cap1 for an increase on my Qucksilver One and got a 3k increase immediately.
I've also been using that card to pay my bills and making on-time payments plus paying balance down by end of billing statement date. My goodness has it been a blessing!!
I just got approved what if I use the card but not always using 30 percent of the value of the card but I pay it in full before the due date do I get rewarded?
capital one has lousy customer service as possible, i made payment few hours late because their website was down, still they charged me late payment fee and didn't agree to waive unjustified fee.
I had the Capital one platinum card For about 3 years and they gave me a 1k increase in December . I then applied for a quick silver a few months ago and got that. Thennnn they offered to upgrade my platinum card. So now I have 2 quick silver cards! 👀
I’ve only been using 10% of my limit. Before I was just starting and had no credit. Capital one accepted me and I had a $500 limit, I used $50 a month and paid it off on time. After a bit I was raised to $800, I use about $80 a month on gas or whatever. Are there any more effective ways to be using my card? I can afford to pay it off using 100% each month, I just assumed that was bad
I always use 50% or less of my available and pay it off every month it seems to work well. But some say you can max it out for faster limit increases as long as the balance is paid off before they run your credit the next time
If you can, Use the whole $800 for 3-5 months, then request for CLI. Make sure you pay off before each statement day. You should be straight after that.
I’m old school , I never had a credit card ! (Only a debit card ) I use my debit card for everyday purchases ! My credit is fair , I have no idea how credit cards work ! But these card seems like a good card for me , should I eliminate debit card , and get this card ? How much do u pay monthly ?
@@calbarton not really. I only use the card ever so often. You need decent use for them to want to justify increases. I prefer using my citi double cash and my chase cards over it.
I just applied for a quick silver and got approved for $3000 without putting anything down I’m trying to bounce back and keep my head together after this bankruptcy
I’m confused, I’ve always heard to keep my utilization under 30%. I have a very low limit of 200 on the secured version of this card. In the beginning are you saying I can “bypass” this buy paying off early? (before the due date). Essentially “resetting” resetting the utilization percent?
One of the most important things to focus on is your statement end date. Didn’t matter how often you use and pay off your card as long as you’re under 10% by your statement end date. Then pay off remaining balance before the due date which is different from the statement end date. That will report as 10% or less utilization while you’re able to use the card and pay it off as often as you wish.
I’ve got a sweet $300 limit have had the card for a year now pay it 2-6 times a week because the limit is useless run about 2-3 grand a month on it. I’ve tried asking for a CLI I’ve tried waiting for CLI absolutely nothing kinda tired of this card at this point.
Capital 1, I had the Plantium Card CL 500, then after 6 on time payments CL 600, then gve me CL 800, It stayed @ 800 for a good while, I started charging more 300+ 3 months then I ask 4 another CL they gave me 3,000 I had 2 call them 2 upgrade the card to the QuickSilver Card.......
I finally was able to upgrade to the regular quicksilver card, but I still have a low limit. I only get $100 increases. Ive been able to get approved for different cards like I just got approved for the Savor card but only a $500 limit. My credit has improved but it still needs work. But I did get approved recently for a business card from cap one with a $5,000 limit. I haven’t really carried a balance but I have for the past couple months. Hopefully it triggers a increase in the next few months. I’ll request one after a couple more months of carrying a balance. Quicksilver- $700 SavorOne- $500 (New) Platinum- $500 Spark Business - $2400 Spark Business Select - $5000 (New)
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Good afternoon great video what if u r retired like me
I recently received and Quicksilver Card after having a bankruptcy. I know, I do not know how it happened either. Any way, I only used it to pay for things I already had money available for. Bills, Gas, etc. I paid those debts within one week of incurring them. After four months Capital One doubled my limit, without even asking. Double, Triple, or just pay off your debts early, seemed to the best way to get that increase, quickly.
Hey Steve! I was discharged in February. I got pre-approved for a quicksilver one card. I was surprised they gave me 2000 cl. 5 months later they gave me a 2500$ increase. So I’m up to 4500$ in less than 6 months right out of a bankruptcy. I’m happy asf
Really? So I file for bankruptcy chapter 7 in October 30 2022 and as of Dec 3 I apply for secure credit card from capital and I was approved for quicksilver credit card $3000 credit limit and I haven’t been discharged yet.
I filed bankruptcy 11 years ago. As soon as all that debt fell off my credit score went up to 750. Last years I hit the 10 year mark and my credit went up to 820. I always had the Cap 1 card and paid it off in full every month. My credit limit it 5k
@@lostboi3974 is capital one ur only credit card?
@@Fiandrea9 yes
Had this card for 5 years, used it daily. Payed off every time, never carried a balance. Never received a credit line increase, has stayed at $1,500 for 5 years. Opened Navy Fed card instantly approved for 25K. Capital one offered to upgrade my quicksilver to a Savor, they instead opened a new credit card with 7k line. My advice get this card to help build credit, capital one is notorious for minimal credit line increases. Once your credit is good enough get a AMEX or Navy Fed credit card. Capital one increase limits for those who max the card out and pay the minimum payment on 19% APY. Only digging them further into debt.
paying the minimum shouldn’t even be an option.
I’m guilty of not using my quicksilver card. Cap 1 was my first card; many years later they did a product change to quicksilver. This video got me thinking differently.
The statement close date is genius. I wish more folks would start using this to their benefit.
Thank you! It's good to see a fellow Creator.
You are completely right! As a business owner I was getting denied many times using the self-employed category. I do have an LLC but I put employed, $112,000 salary and it works 🎉🎈🏆 I finally got my first credit card super excited 💯🎯
Congrats 🎉 happy to hear the good news
Try credit one as well I started with THAT ONE
You should file as an S-Corp. No need for an LLC unless you need Liability Insurance above and beyond or need to segregate assets.
Thanks Cal!! I just upgraded my Quicksilver to a venture no annual fee card. Through your link in this video I’ve been trying to do this for a year. They just gave me a credit limit increase a month or so ago to $4000 from $1,000 they surprised me I didn’t ask for it!!
Wow that's great to hear. Congrats!
Capital one refuses to upgrade my Quicksilverone to anything
@@Northernprepper1 I've had enough of them
@@650kdub me too. I pay off my credit card every month and never been late.
I wouldn't have a 720 score without capone as the cards were a starting point. No other card would approve me without being secured with a 480 credit score I tried lol now I have no issues getting better ccs
This is great information. I finally after nearly 2 decades of trying to live without credit, realized that it's better to have it and not need it vs needing it and not having it. I built my credit last year from scratch thanks to my bank and I got the C1 QS card with no annual fee. I plan on using this input towards building things further. Thank you Cal!
I recently added Cap 1 (bankruptcy in 2021) starting with $5k limit. 700+ fico. I was authorized on a family member card to kickstart me out of 2021 fiasco and added (4) cards fairly quickly with a combined just under $15k overall limit. I had to close Aspire due to their shenanigans of changing ToS to add a $5 maintenance fee monthly (I didn't want to pay it and wait for the next thing to be snuck in). I'd say the #1 lesson I've picked up, is be "choosy" about the c/c's you pick. Be patient. Set yourself up with the idea that the c/c you choose is going to be with you for decades.
Informative video. Use your card people! When I first got this card 6 months ago, credit limit was only $1k. Third or fourth month in, credit limit jumped to $3.5k without me requesting a increase
Get it
Same here. Went from 500 to 2500 and they notified me after 11 months.
Mine jumped from 3k to 6k.
Thats a pretty good increase
Here is a data point. I had the quicksilver car for about 6 months with a $3500 CL (fair bucket) and received a CL increase of 1K then the following month had offer to move up to Venture One card. I took it. I’m using my card as you stated and paying it down to about 10% of my total CL by the closing date. I’m hoping for another CL increase soon.
I started with 500 cl a couple yrs ago and got offered quicksilver which I accepted ofc and they gave me 5k now I’m just waiting for it to come in the mail. Is that good? I’m assuming I’m in a good bucket
I just received my quicksilver card. Cl 1000 but I'm hoping to get to atleast 5k in a few months. Also I applied for a spark business classic since I do landscaping on the side and they approved me for 3k a few days from applying for the qs. I'm happy with C1 so far.
Thanks man, used your advice got approved for the venture one
Congrats on the approval and that's awesome! Do you think you can leave me a quick testimonial? testimonial.to/cal
I use my cards for almost everything then wait the couple of days for it to post to my account and pay it off. Never have to pay interest. Almost always have a zero balance.
That's a great strategy Natasha
you gained a sub brother! i have two quicksilver cards and wanted to switch one to a Venute card. i chatted a rep and they said they COULDNT! i just used the upgrade link in the description and turns out i can change either card 😂. idk why they keep this info to themselves but im glad i found it. thanks again!
Wow they really told you that. Congrats 👏🏾🎉 on the upgrade. Happy I could help.
I love my card. I got a 500 dollar increase after 3 month's. They just sent me an offer for another card with no interest for 15 months too.
Congrats!
Three months?? I’ve had my quicksilver card since October last year with a starting balance of 300 and I’ve never been late always paid on time and used it them chumps still didn’t give me a increase so I applied for a card through navy federal and I got a credit limit of 3500 from the start!!#shameoncapitalone
I use my card for everything and I just pay the entire balance at the end of the month or at least pay the statement balance in full and you won't have an interest fee and your bill is on time and you are not in uncontrollable debt
I use my Quicksilver card for monthly bills and the Savor1 card for dining and grocery so I can that 3%! Then I use the Apple Card at Exxon for 3% back on gas. I think it’s a good set up.
You can also do same with your Quicksilver card! I use at Sam's Club & get 3% back! Capitol One is a very good card & their Customer Service is excellent! Someone tried to use my # & charged $1. I received text from Capital asking reply yes/no & when replied no, Instantly they shut it down & issued me new card! I have never had an unpleasant interaction with Customer Service. They go above & beyond!!
I was watching this videl while I made the Quicksilver application online!!!😲😲😲 I had a $500 secured card. They approved me for a CL of $3,000!!!!! This is a great start!!! I can pay bigger purchases now!!!👍👍👍👍👍👍
Congrats on the CLI and the approval. How long did you have the secured card before applying for the Quicksilver?
@@tstimpert33 can't remember but maybe 4-5 months? I use up the CLI then pay it all off everytime. Sometimes 2- 3 time per cycle.
@@Rambouillet1725 Thank you for the advice. I appreciate it.
I just wanted to let you know, that I am enjoying your content! Keep up the good work!!
I appreciate that!
I’ve been paying down my small credit limit and out of the blue, I got an email that I got a $1k limit increase. Great video
Thank you Diamond! and Congrats on getting the increase.
Stop using the card
So glad I found this. I was actually able to upgrade both my C1 cards!!!!
Man this is right on time. I literally just got this card this week. $10k with $200 SUB + 5% on gas & groceries for 6 mths!
Which cap one card do you have?
@@cassandraclark5499 - quicksilver
@@docsays 10k on first apply?
@@cassandraclark5499 - - i had a the cap1 platinum for a long time with only $2300. pretty sure it was bucketed. so i canceled it. then started receiving pre-approvals for the QS. then i finally received an email for the bonus plus promo 5x on gas & groceries so i decided to pull the trigger.
My quicksilver request for CLI def was denied for not enough usage. However, my Savor One card was increased automatically after using constantly from 750 to 4300. That’s was a shocker
Congrats on the increase with your Savor One card Christopher!
I’m 20 barely had credit for 8 months and capital one gave me a 5k credit limit with the quicksilver card after I was approved. That’s way more than I thought I was gonna get but I’m happy with it for now
Gave me 10
That was way less than what I got.
They fave me 2000
I just want to say thank you. I never knew about the capital one upgrade link. I used it and was able to upgrade 2 of of my 3 cards. Thank you.
Got a 750 credit score and my credit limit on my quicksilver card is 4,500 but I'm still striving to get a higher limit though
Mines 750 and they gave me 2000
That’s exactly what happened to me! I had a $1,000 spending limit and I requested an increase and all they gave me was a $100 increase! That was definitely laughable! After that I thought about canceling my card but I know that’ll look bad on my credit report.
How much of that $1000 limit are you using and what’s the stated income you’re putting when filing for a cli?
Hey brother: GREAT info as ALWAYS!!
Hey, thanks!
So glad I found your channel man, you'e one of them ones.
Cal,
Glad I found your channel and subscribed. You put out so much good content and videos. You make it very easy to understand and you don't go to fast. Appreciate what you do. CAP One is a thorn in my side. I sat at my CL for 2 years 600, 600, 1500. I would use a lot of the credit line like you said. Capone would decline me and say I am using to much of my CL. I would pay them off every month to. SMH Capone and I cut the cord. Maybe I will come back to them in the future but it will be a while.. I hate their Bucket they put people in.
Welcome to the channel Jeremy! I'm happy you're enjoying my content.
Jermey I”m like you I hate CO1 bucket system also but don’t wanna take the hit on score going down use CO1 for gas . Until I can get with chase after the 5/24 . When you product change they give you the same card so you have two quicksilver with Different limits instead of incase ur limit
Your Capital One videos are pure gold. Thanks!
Thank you!
I've had to use both my Quicksilver and Journey cards to keep afloat. When my pipes burst I had to my card to get it fixed and it took a while but I'm almost payed up.
,They only gave me 300 I'm grateful but one or to item and I'm done. I'm not gone to except any more cards between 300/500.
Great Vid Cal especially for those who hold a Cap1 CC..
Thanks Kristophe
So that's why my credit limit has gone up on my Walmart card recently. High usage and on time payments even though I can't pay it off completely yet. Walmart's store card is through Capital One. I have a Capital One Platinum card that went up by $100 and I've only put more than $300 on it twice. I only use it for paying my monthly bills and pay it off every month.
This is very helpful information! Thanks Cal!
You're welcome mark
I was lucky and did not expect them to give me a unsecured card with a 2k limit. But i pay my card every month on time to show them im ready.
Thank you I’m retired and I wanted to get a better handle on this card ur video really help thank you.
Thanks Cal!!! I just used the upgrade link provided and my CAP1 QS1 was upgraded to a QS. 👍🏾
FICO 9: EQ 786 | TU 782 | EX 772
Vantage: EQ 762 | TU 761 | EX 765
Very cool, happy you got the upgrade. Congrats!
This is such a good page. Subscribing.
Thanks, I just upgraded to quicksilver with your link.
Congrats! Glad I could help.
I have my Quicksilver card set to autopay my utility bills, and when I go to Walmart. I have a $3000 limit, so I wouldn't say I NEED a limit increase any time soon.
I typically cycle through my cards so they're constantly being used. I quit using cash and debit card because there's no benefit to them and also much less security in case someone racks up fraudulent charges on your debit vs credit card.
Mannnnn i added two Authorizes users, increased my household income by 100k
they use 80 percent of the card n pay it off, credit score is 787 and they still wont budge on my card.
Another very informative video. Thank you!
Thanks Liana
Thank You For This Information Just Was Upgraded To The Silver!!!
Great video! I never new about the card upgrade. I currently have the quicksilver card but I’m eligible for the venture one. Would the rewards I already have change from cash back to travel miles?
Great content... Please do an in depth review on the Capital One Quicksilver Secured Card.
Thx. I just upgraded two of my cards
That's fantastic Nicole! Congrats
How do you upgrade?
Thank you much!!👍 Big help!
Capital one cut my limit in half because I didn't use it enough. My score went up when I kept a card balance. They make money when I use my card. Basically you have to pay these a-holes for a good credit score. Paying on time, means nothing. You have to give them money to buy a good credit score.
Great video. Lots of helpful information. Thanks!!
Glad you enjoyed it Cassandra!
I started at $750
Got a $3000 increase a couple of years later
I was using it and paying off quickly and my credit score went up over 700
That’s amazing, i cant wait for that experience myself, im almost at 700 credit score once i do then i will ask for another credit line increase
I just experienced this lately. I took this as an insult, and turned it down 💯. Capital one, approved me for $100 ✅. I might work this card out when I go to Dominican Republic next month.
Same here lol. Like really? Just 100?
I use mine to the limit every month! Requested a CLI and received that lame $100 increase and did not accept it.
I have high usage and pay off most months. They did increase me once without asking 1k to 8.5k. When I asked for an increase last year, after my salary doubled close to 200k, it said I wasn't eligible. I think it was because I had a new card four months prior.
Thank you for the capital upgrade link.
You can also use C1 as your primary checking account not to mention use C1 as your business banking institution.
How
Solid info
Thank you just received upgrade and now I get rewards on both cards.
You're very welcome congrats 🎉
Great video!
I appreciate it Gina. Thanks for watching!
Thank you! "Congratulations! You're eligible for a rewards upgrade."
Thank you for this!
You're very welcome Marvin
Wow 🤩 great advice.
Glad it was helpful Celeste
yes i agree! i asked for a CLI and was declined due to minimal usage and payments, regardless if i make triple payments to pay off my card.
Good job and well spoken , what about credit one bank
Does this include secured cards as well?
Requesting an increase is something I'm interested in. I've been with them for almost 4 years and I pay 6 times what they ask each month.
This is true my card has been increased with out my knowledge but it helps .
I always leave a 1 percent credit utilization. Should I pay it down to 0 to see if I get a credit increase? I'm at a 795
No that won't help, Capital One mainly wants to see high monthly usage to increase your limit. If you were bucketed from the beginning it can take much longer. Great score BTW.
I agree I was at a low credit limit for years. Then started using it more recently for about 3-4 months and paying it down to about 30% of that CL. And got the unexpected increase 😄
On the self employed thing you are 100% right im self employed and its hard to do basic stuff with finances and i make almost 100k my boy makes over 2mil and he cant has the same problem. Getting a vehicle or house is impossible
Loved the video bro I miss my credit up when I was younger and I got approved for the small credit one Quicksilver one $300 limit. I used all the limit and then paid my balance off and one payment. It’s taking a little bit because it’s a new card for my money to go back on, but I’m assuming it gets better overtime. This helps
First mistake,getting a quicksilver. 1.5% cash back uncompetitive. Get Wells Fargo active cash or Citi Custom cash.
Thanks for the video. I never ask for increases. Watched the video today and asked Cap1 for an increase on my Qucksilver One and got a 3k increase immediately.
I've also been using that card to pay my bills and making on-time payments plus paying balance down by end of billing statement date. My goodness has it been a blessing!!
Quicksilver got 3k it in September been use it like crazy then six months later now at 4,500. Two week ago I got the savor
That's great Anthony, Congrats! and I have more Quicksilver content coming soon.
Congrats. I want the venture & maybe the savor too
I'm working on more capital one videos
So do they send the cash rewards to your bank account I'm curious?
How do you change your bucket status with capital one?
How can I upgrade my capital one secured platinum card I’ve had it for 6 months now?
I just got approved what if I use the card but not always using 30 percent of the value of the card but I pay it in full before the due date do I get rewarded?
Yeah sounds great, but transunion will knock some points off your score for using over 30%.
capital one has lousy customer service as possible, i made payment few hours late because their website was down, still they charged me late payment fee and didn't agree to waive unjustified fee.
Where is the link to the capital one upgrade of cards?
I put a link in the description.
Since nothing changes when you upgrade to another card, is the only benefit the drop of the annual fee
Yes the drop of the annual fee and the benefits may change depending on what card you're coming from and going to.
I had the Capital one platinum card For about 3 years and they gave me a 1k increase in December . I then applied for a quick silver a few months ago and got that. Thennnn they offered to upgrade my platinum card. So now I have 2 quick silver cards! 👀
I’ve only been using 10% of my limit. Before I was just starting and had no credit. Capital one accepted me and I had a $500 limit, I used $50 a month and paid it off on time. After a bit I was raised to $800, I use about $80 a month on gas or whatever. Are there any more effective ways to be using my card? I can afford to pay it off using 100% each month, I just assumed that was bad
I always use 50% or less of my available and pay it off every month it seems to work well. But some say you can max it out for faster limit increases as long as the balance is paid off before they run your credit the next time
If you can, Use the whole $800 for 3-5 months, then request for CLI. Make sure you pay off before each statement day. You should be straight after that.
I might close mine. I was upgraded to MasterCard Elite…whatever that is, but I was charged interest when my account had a zero balance.
I requested an increase a few months back and was denied. Using 95% of my card may be an issue too
I am finished with Capitol One.
I tried to get an increase. I was denied for not using my card enough!
I'm sorry to hear that Alecia.
I don't ever request increases with cap 1 thet always deny me, however i let them increase my limit automatically and it works.
I’m old school , I never had a credit card ! (Only a debit card )
I use my debit card for everyday purchases !
My credit is fair , I have no idea how credit cards work ! But these card seems like a good card for me , should I eliminate debit card , and get this card ? How much do u pay monthly ?
My credit is 800 and they keep offering .e upgrades and new limits so I always end up having to watch these videos before taking a new card.
My largest limit currently is my discover it card at $44,500. My capital one is still at $10,500.
That's an impressive limit for Discover. Does Capital One approve you for limit increases regularly?
@@calbarton not really. I only use the card ever so often. You need decent use for them to want to justify increases. I prefer using my citi double cash and my chase cards over it.
How long have you had the Discover It card to receive such a large limit?
- thats hella good on the discover card!
@@keilongeorge6027 it’s one of my oldest cards about 7 years.
Thanks for the upgrade link. How do I tell which of the two no annual fee Quciksilver cards I'm getting (good or excellent credit)?
I just applied for a quick silver and got approved for $3000 without putting anything down I’m trying to bounce back and keep my head together after this bankruptcy
Discover is the same way
Great information
I appreciate that. Happy you enjoyed
I’m confused, I’ve always heard to keep my utilization under 30%. I have a very low limit of 200 on the secured version of this card. In the beginning are you saying I can “bypass” this buy paying off early? (before the due date). Essentially “resetting” resetting the utilization percent?
That’s what I was trying to get clear as well
One of the most important things to focus on is your statement end date. Didn’t matter how often you use and pay off your card as long as you’re under 10% by your statement end date. Then pay off remaining balance before the due date which is different from the statement end date. That will report as 10% or less utilization while you’re able to use the card and pay it off as often as you wish.
I’ve got a sweet $300 limit have had the card for a year now pay it 2-6 times a week because the limit is useless run about 2-3 grand a month on it. I’ve tried asking for a CLI I’ve tried waiting for CLI absolutely nothing kinda tired of this card at this point.
I have a quicksilver and a regular Capital One credit card
Great tip for Scorps to pay themselves!!!
Capital 1, I had the Plantium Card CL 500, then after 6 on time payments CL 600, then gve me CL 800, It stayed @ 800 for a good while, I started charging more 300+ 3 months then I ask 4 another CL they gave me 3,000 I had 2 call them 2 upgrade the card to the QuickSilver Card.......
I finally was able to upgrade to the regular quicksilver card, but I still have a low limit. I only get $100 increases. Ive been able to get approved for different cards like I just got approved for the Savor card but only a $500 limit. My credit has improved but it still needs work. But I did get approved recently for a business card from cap one with a $5,000 limit. I haven’t really carried a balance but I have for the past couple months. Hopefully it triggers a increase in the next few months. I’ll request one after a couple more months of carrying a balance.
Quicksilver- $700
SavorOne- $500 (New)
Platinum- $500
Spark Business - $2400
Spark Business Select - $5000 (New)