13hartc wrote:Thanks! I applied for the Quicksilver and was approved for $3000. What is the CLI policies you talk about.
Congrats on the approval.
You can typically ask for a CLI through your online account every 6 months; but many a times Cap One says no without giving logical answers. Their frontline customer support does not help much.
I hope you will find the card useful. If you, in future, think that the credit line is not sufficient, and that Cap One is not giving you a CLI after requesting, you can (and should) try emailing their Executive Office (search email on Google) and / or send a message to their Facebook team. A higher-level rep will get in touch with you and offer better solutions.
With regards to DCC-related charges, remember, when you buy something in a foreign country, always pay in that currency. Do not accept charges in US Dollar. Let your bank make the currency conversion, do not accept the merchant's currency conversion. They will charge heavy fees and will eat up any savings that you got from Cap One's no-FTF.
I have used Cap One QuickSilver and Chase Sapphire Preferred to pay charges in South Asia, Middle East, and Europe. I always pay in the foreign currency. On my statement, the conversion rate applied by my bank is almost identical to the rate published by xe.com.
AMEX BCE | PRG || Barclaycard Sallie Mae || Capital One QuickSilver | Venture || Chase Freedom | Sapphire Preferred || Citi Dividend || Discover It || UFCU Great Rate || US Bank Cash+ #1 | Cash+ #2 | Club Carlson Plat | REI || Total CL $144.2k + PRG NPSL, not counting AU