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Thread: Transfer Cap1 Venture credit line to Quicksilver?
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Old Oct 12, 2015 | 7:07 am
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garykung
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Originally Posted by Maria26
I have 10k on the venture and 3k on the Quicksilver. My venture APR is 24.5% and they won't lower it. Quicksilver is interest free for a year. I would like to transfer my credit to the quickilver to get out of that interest while still having the spending power. Do you guys think this is a good idea? Will cap 1 let me?
Declaimer - I hate Cap 1.

Cap 1, AFAIK, is extremely restrictive on APR, CLs, etc., although credit approval is relatively easy.

You can try CL transfer, only if they offer. If not, I will simply close the Venture and temporary forfeit the 10K CL. Then about a week or so, I will request CL increase for the same 10K on Quicksilver.

Regardless, you will have to close Venture card.
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