Yes, you can upgrade your Capital One Spark Cash Select - 0% Intro APR for 12 Months card to a better offer as long as you’ve had the card for at least several months, and you will have the best odds if your credit score and income have gone up since you applied. To see if your Spark Cash Select 0% Intro APR Card qualifies for an upgrade, call customer service at the phone number on the back of your card. Capital One also periodically sends targeted upgrade offers to existing cardholders on their online account.
Spark Cash Select 0% Intro APR Card Upgrade: What You Should Know
Capital One does not state a specific amount of time the card account must be open before it’s eligible for an upgrade, but it’s a good idea to wait at least 6 months before requesting an upgrade.
Capital One only allows upgrades to cards within the same card family. For example, you cannot upgrade from Spark Cash Select 0% Intro APR Card to a business card or co-branded card.
If you upgrade to a Capital One card with an annual fee, the charge will appear on the new card’s first monthly statement.
You will not be eligible for any initial bonuses or introductory 0% APR offers associated with the new card, unless they’re included as part of the upgrade offer.
Spark Cash Select 0% Intro APR Card upgrades do not require a hard inquiry on your credit report, so there’s no effect on your credit score.
A Spark Cash Select 0% Intro APR Card upgrade typically takes just a few minutes. If you are approved, you should receive your card within 7-10 business days from the approval date. Your card number won’t change, but you will receive a new card with an updated expiration date and security code.
You can use your old card until the new one arrives, and it will have all the benefits of the new card as soon as the upgrade is complete. Your current credit limit and APR will carry over to the new card, as will any unredeemed rewards, unless stated differently in the upgrade terms.
To do a balance transfer with the Spark Cash Select 0% Intro APR Card, new applicants can just complete the balance transfer portion of the Spark Cash Select 0% Intro APR Card application. Existing cardholders can request a balance transfer online or by calling customer service at the phone number on the back of the card.… read full answer
Spark Cash Select 0% Intro APR Card balance transfers usually take 3-14 days to process. In the meantime, continue to make payments on your original debt to avoid any late fees and possible damage to your credit score.
How to Do a Balance Transfer with Spark Cash Select 0% Intro APR Card (New Applicants)
Open the Spark Cash Select 0% Intro APR Card application.
Enter the account number for your existing balance.
Enter the amount you want to transfer.
Include standard application info such as your name, Social Security number, and annual income.
Submit the application.
How to Do a Balance Transfer with Spark Cash Select 0% Intro APR Card (Existing Cardholders)
Log in to your Spark Cash Select 0% Intro APR Card account.
Select “Transfer a Balance” from the I Want To... menu.
Click “Select Offer.”
Enter the account number(s) and the amount(s) you’d like to transfer.
Verify your information is correct and submit the application.
Key Things to Know About a Spark Cash Select 0% Intro APR Card Balance Transfer
The Spark Cash Select 0% Intro APR Card accepts balance transfers from other credit cards, along with personal loans, student loans and auto loans. The Spark Cash Select 0% Intro APR Card does not allow balance transfers from other Capital One credit accounts.
If you’re transferring a balance to a credit card with an introductory APR on balance transfers, try to pay off the balance before the introductory rate expires. Any balance remaining after that will accumulate interest daily at the card’s regular APR. Using a balance transfer calculator can be a big help.
Spark Cash Select 0% Intro APR Card does not charge a transfer fee on balance transfers, unless you are offered a lower introductory transfer APR.
There are plenty of other credit cards that do offer bonus rewards in specific categories, though. If you’re looking for a rewards credit card with bonus categories, a good place to start your search is WalletHub’s list of the … read full answerbest rewards credit cards.
The easiest way of getting your credit card annual fee waived would be to pick a credit card that waives the annual fee during the first year as a promotion, or one with no annual fee at all. Alternatively, you can call the issuer’s retention line, but it is not guaranteed that it will work. Beyond that, you’re unlikely to get your credit card’s annual fee waived unless you’re an active-duty member of the military. Still, it never hurts to ask, even if success is a long shot.… read full answer
Being well-informed about your rights and alternative credit card options definitely will help your chances. And you can find the most important info below.
Here’s how to get a credit card annual fee waived:
If you’re employed full-time by the U.S. military, call your issuer and tell them you’d like your SCRA benefits. Exactly how the process works differs by company, but they will ask you to prove your active military status. For example, you might provide a copy of your active duty orders. Once you send the issuer proof, they should waive your annual fee as well as reduce your interest rate. When applying for a card, there’s sometimes a box you can check to indicate your military status, too.
Call the retention line and ask your card’s issuer to waive or lower its annual fee. Long-time customers and high-spenders with great credit who always pay in full likely have the best chance.
It’s a common credit card promotion to waive the annual fee for the first year your account is open. This will be noted on the offer when you apply, though. It’s not something you have to ask for.
If you really want to avoid fees, get a no annual fee credit card. Hundreds are available, including cards with rewards and 0% APRs. You might be able to get a better deal overall by paying an annual fee for more rewards.
If you’re having difficulty paying your annual fee due to unforeseen financial difficulty, you might be able to apply for a financial relief/ hardship program with the issuer. This way, you could potentially have your annual fee waived. Or you might receive other assistance such as lower monthly payments or lower interest rates.
Since annual fees help pay for the benefits credit cards provide, issuers aren’t eager to waive them. But there’s no penalty for asking. And if you’re in the military, you should definitely take advantage of the waiver you’ve earned with your service.
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