Author: Big Tom Posted: Thu Dec 08, 2005 3:01 pm Post subject: Mastercard Car Rental Insurance
I'm plannign a trip to Guatemala and wanted to rent a car while i'm there but was thinking if I needed insurance since I have a Capital Platinum Card which supposedly covers the rental car if there are any damages.. Does anyone know anything about the Mastercard Insurance?
Author: Alexis Rios Posted: Thu Dec 08, 2005 6:33 pm Post subject: Mastercard Car Rental Insurance
Big Tom , you should check the fine prints about this service. I think Guatemala is ok to use this insurance , but for use check them. If you decide to use the the MC car rental insurance , you must drop the car rental's own insurance.
Author: Board Monitor Posted: Fri Dec 09, 2005 9:07 am Post subject: Mastercard Car Rental Insurance
I wanna go to Guatemala! Big Tom, I'll pay for your rental insurance if you let me be a stowaway. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: newyearsday1985 Posted: Sat Dec 03, 2005 12:15 am Post subject: 5% Cash Back Tips on Discover Credit Card
From January 1, 2006 to March 31, 2006 use your Discover Card to get 5% Cashback Bonus on up to $1,500 in health and wellness purchases. Get 5% Cashback Bonus at: CVS/pharmacy® Rite Aid Walgreens GNC Bally Total Fitness® Jenny Craig LensCrafters® Doctor Visits Dentist Visits
TOTALLY USELESS FOR ME!!! I hardly ever go to the doctor, I don't take medications and I don't exercise.
Do many of you find this useless? And this runs for 2 months! while the online shopping (which i use more) only run for 5 weeks
Author: Polonius Posted: Sat Dec 03, 2005 1:27 am Post subject: 5% Cash Back Tips on Discover Credit Card
I go to doctors. I go to dentists. But none of them take Discover.
Look, these rewards are fine for the right person. Did you know that you can switch Discover rewards by a phone call? Spend $500 online shopping, then switch to this card and buy some "health and wellness" stuff and get the extra $75. Play the system. But don't buy anything you wouldn't usually buy!
Author: shooter Posted: Sat Dec 03, 2005 1:32 am Post subject: 5% Cash Back Tips on Discover Credit Card
I wouldn't personally benefit much from it either but perhaps somebody will. I don't have a Discover card but I get offers from them all the time. Are their "Get more" offers usually for places that normal people would go to on a regular basis, restaurants for example, or are they usually for off the wall places like craft stores and health clubs where the average person probably doesn't spend much money?
Author: maddybeagle Posted: Sat Dec 03, 2005 9:55 am Post subject: 5% Cash Back Tips on Discover Credit Card
you can actually switch programs online (through customer service email) but it is kinda nice that discover is varying the "get more" program a bit. 5% off of glasses might be a good deal.
How to Prevent Your Credit Card Account from Being Terminated
Author: fenster Posted: Tue Dec 06, 2005 12:19 pm Post subject: How to Prevent Your Credit Card Account from Being Terminated
Gents,
I could’ve sworn I saw somewhere on these boards that there are sites that accept small charges like $1 so credit card holders can keep their accounts active and prevent termination due to long periods of inactivity.
Would anyone please name any of these sites, if any? I have about 10 inactive cards which I really don’t want closed due to inactivity.
Author: Polonius Posted: Tue Dec 06, 2005 12:54 pm Post subject: How to Prevent Your Credit Card Account from Being Terminated
I have Comcast cable and Dish Network satellite. Their online sites accept credit card payments with minimums of $1.00 and $2.00 respectively. I'm sure there are a great many other similar sites...
Author: maddybeagle Posted: Tue Dec 06, 2005 8:47 pm Post subject: How to Prevent Your Credit Card Account from Being Terminated
why does it have to be 1 buck unless you are doing the discover card offer. you could just change the cc used every month. you have to have some service (phone, internet, mail order dvds), etc. you can access and change online.
Author: lucas98032 Posted: Tue Dec 06, 2005 9:12 pm Post subject: How to Prevent Your Credit Card Account from Being Terminated
One way to keep your card active without it costing you anything is to sign up for a paypall account and then use the card to charge 1.00 to your payable to your checking account. Do it every few months and your card will show up as active and it will not cost you anything.
Author: rwcmick Posted: Tue Dec 06, 2005 9:55 pm Post subject: How to Prevent Your Credit Card Account from Being Terminated
may i also suggest the automated machines at the post office? i think the minimum is now .50 cents. you could also top off your tank or fill your motorcycle with a few bucks at a gas station. how about a prescription co pay? or a cheap lunch burrito? the possibilites are endless. i like the dish network suggestion above, that's what i do. awhile back they added a five minute wait between charges, so i guess they are trying to prevent that multiple charges--i predict at some point they will prevent it or add some sort of minimum charge.
Author: beyond platinum Posted: Mon Dec 05, 2005 2:21 pm Post subject: Advanta 5% cash back Business Credit Card
Advanta is now offering 5% cash back on gasoline, office supplies, utilities, ground transportation, computer equipment, courier services, cell phones and Internet services, and 1% on all other purchases. Not only that, they have 0% interest for 16 months on all Balance transfers which is the highest term that I have seen. Also earn points for travel as well.
Author: Polonius Posted: Mon Dec 05, 2005 7:04 pm Post subject: Advanta 5% cash back Business Credit Card
That's a business card. I applied for it last Tuesday. (I was approved, but don't know the limit yet.)
https://www.advanta.com/index.cfm?fuseaction=apply.card_learn_cashback&link_location= is another link if the one above expires.
Author: Board Monitor Posted: Tue Dec 06, 2005 9:31 am Post subject: Advanta 5% cash back Business Credit Card
Good offer...has been out a while. However, I think you have to choose which category that you want 5% back on (can't get 5% back on all the above categories).
Let us know how you like the card Polonius. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: Board Monitor Posted: Wed Dec 07, 2005 10:05 am Post subject: Advanta 5% cash back Business Credit Card
You are correct. I stand corrected. I was thinking of their previous rewards card. The only drawback is that you cash back is capped at $300 on an annual basis.
Author: Jordan Posted: Mon Oct 17, 2005 8:04 pm Post subject: Best Credit Card for Restaurant Rewards
Lots of places advertise good deals on gas and supermarkets like 5% back (I already have a Divident Platinum Select), but who offers the best reward on restaurants? Right now I get a 3% rebate (issued once a year) on restaraunts and office supplies through my Bank One/Chase business card, but is there anything else comparable or better than this? I wouldnt mind trading in the business card for a personal card (does it matter since I use the business card mostly for personal?) or atleast see what else is out there.
Author: doniam Posted: Mon Oct 17, 2005 9:06 pm Post subject: Best Credit Card for Restaurant Rewards
I just started using my Discover Card, and yes they have a 5% rebate for restaurants, but I think it only good for charges thru 11/30
Author: tonygoldston Posted: Mon Oct 17, 2005 9:18 pm Post subject: Best Credit Card for Restaurant Rewards
The 5% thru 11/30 is on the regular Discover card. They also have a 5% all the time Restaurant card. Only problem with it, is the rebate is limited to only spending $1500 per year. After that the rebate drops. It's the tiered system like all Discover Cards it's just upside down. Same as the new Gas Card 5%, and the Home Improvement card 5%.
Author: jlrdc909 Posted: Mon Oct 24, 2005 6:43 am Post subject: Diners Club please Credit Card
I saw posts some months back that said the Diners Club Card is now bearing the Mastercard logo. I had Diners Club many years ago, and AMEX as well. I got rid of them for 2 reasons, the fee's and limited acceptance. Diners had better service but was less accepted. I went to dinner with a friend the other day who has had the Diners Club, he has had this card for 25+ years, and claims the annual fee is worth it. Had Diners Club teamed with Mastercard due to declining membership? Very few people have Diners Club, at one time it was the official charge card of the US Government, also, when I had it I had to apply, has anyone ever had a pre-approved letter from Diners?
Author: mouse Posted: Mon Oct 24, 2005 11:51 am Post subject: Diners Club Credit Card
jlrdc909 wrote: I saw posts some months back that said the Diners Club Card is now bearing the Mastercard logo. I had Diners Club many years ago, and AMEX as well. I got rid of them for 2 reasons, the fee's and limited acceptance. Diners had better service but was less accepted. I went to dinner with a friend the other day who has had the Diners Club, he has had this card for 25+ years, and claims the annual fee is worth it. Had Diners Club teamed with Mastercard due to declining membership? Very few people have Diners Club, at one time it was the official charge card of the US Government, also, when I had it I had to apply, has anyone ever had a pre-approved letter from Diners?
DINERS CLUB CARD WAS VERY LIMITED ACCEPTANCE...M/C IS ACCEPTED IN MILLIONS OF PLACES WORLD WIDE!!!
Author: tonyb Posted: Mon Oct 24, 2005 2:35 pm Post subject: Diners Club Credit Card
From what I've heard, they've only gone to Mastercard in the US. I was just in Finland, and I saw many adverts for Diner's Club cards (without the Mastercard logo). I know a Finnish guy who has one. I guess they're more popular overseas.
I've read several accounts of people who swear by their Diner's Club. Never had one myself though.
Author: drrevrob Posted: Sat Nov 12, 2005 8:18 am Post subject: Diners Club Credit Card
I just recieved my diners, now that it has the mastercard logo it is accepted everywhere mastercard is accepted. Haven't had any problems using the card and the benefits seem to be pretty nice
Author: cled Posted: Sun Nov 13, 2005 1:45 am Post subject: Diners Club Credit Card
i suppose that is the "charge" card with the annual fee, right?
Author: drrevrob Posted: Sun Nov 13, 2005 8:01 am Post subject: Diners Club Credit Card
thats correct, though it has a mastercard logo it is still a charge card and payment in full is due when the bill is recieved. I think that MC logo is just for acceptance
Author: beyond platinum Posted: Mon Nov 21, 2005 3:55 am Post subject: Capital One Image Credit Card
Now Capital One has a website that allows cardholders to upload pictures to their site and permit you to add a photo/digital image to your existing card. It is similar to Bank of America's Photo Expressions card. http://capitaloneimagecard.com
Balance Transfer for Credit Card that Already Has Balance
Author: LookingForSolutions Posted: Sun Dec 04, 2005 6:43 pm Post subject: Balance Transfer for Credit Card that Already Has Balance
I have a Delta Sky Miles card with a high int rate (16%) with $3000 balance, limit is $4500. I've received an offer to transfer balances to the card, 2.99% until transfer paid off, they'll raise limit to $9500. I know if I transfer balances any payments I make will go toward the amount I transfer until paid off. Does the original $3000 balance just sit there collecting interest until the balance transfer is paid off? I have 2 other cards I want to pay off using the lower balance transfer rate (Citi, $2100 bal, 21% int rate and Discover, $5100 bal, 16% int rate ---and by the way I've never been late on any payments, these lovely rates were given to me after I was told "your balance to limit is too high"---fodder for another post---the vultures ). Anyway, seeing as the $3000 will grow as I'm paying down the balance with the lower int rate, does anyone see this as a 1) dumb thing to do, 2) smart thing to do, 3) somewhere in between. I've done a little math and while the interest will be added to the original balance, the total balance will be coming down. Any suggestions/comments will be greatly appreciated.
Author: tonygoldston Posted: Sun Dec 04, 2005 7:53 pm Post subject: Balance Transfer for Credit Card that Already Has Balance
The balance on there would probably accrue interest at 16% while the transferred balance will be at 2.99%. If you are paying off balances at 21% and 16% you aren't doing any worse than you would be after transferring. I would definitely move the 21% over.
I would suggest calling the Delta Sky Miles and see if they can drop the rate on the 16%. Asking never hurts.
Author: Polonius Posted: Sun Dec 04, 2005 8:12 pm Post subject: Balance Transfer for Credit Card that Already Has Balance
Are you able to balance transfer the current balance on the Delta card to the Citibank and/or Discover? You do want to get rid of that $3000 balance BEFORE doing the other BT. Isn't there any way you can pay that off first, before doing the low-rate BT?
Author: Alexis Rios Posted: Sun Dec 04, 2005 2:25 pm Post subject: Rebuilding Credit with a Credit Card
Check for secured credit card ,local credit unions cc's or store cards. You have to be careful in choosing these cards, specially with secured credit cards(comes generally with annual fee and a deposit). Talk to someone of your trust who have a high credit score(husband/wife , father/mother) to add as an authorized user(even if the person didn't give you the A.U. credit card , the important is its credit history) . And remember rebuilding your credit history is a time consuming process but the rewards are far better and worth it.
Author: pronto Posted: Sun Dec 04, 2005 2:37 pm Post subject: Rebuilding Credit with a Credit Card
I could be added as an AU to someone elses card but I don't want to do that. I also don't want to get a secured card. Are there any other cards that are easy to get?
Is it possible getting a credit card using my car as a security?
My first card was Discover and I was approved without any problems. Should I try applying for one again?
Author: Alexis Rios Posted: Sun Dec 04, 2005 4:21 pm Post subject: Rebuilding Credit with a Credit Card
Try applying for a credit card issued by a credit union which are easier than big banks , but you may have to become a member. Also store cards of your favorite stores have higher rate of credit approvals.
Author: philipcolett Posted: Fri Dec 02, 2005 2:44 am Post subject: Just Turned 18 Need a Credit Card
Ok, here it goes. I will turn 18 on Saturday, and I am looking for the best card I can get. (OBVIOUSLY!) I buy about $40,000+ every month for eBay resale. I currently have the paypal debit card with 1.5% cash back, and the BOFA Alaska Airlines debit, which is ok, but is 2 dollars for 1 point. I dont care about interest rates, since I will be paying it off immediatly. I dont want travel rewards or items, just cash back. The thing I am worried about is not having any credit, and applying for too many cards.
If I apply for alot of cards, will it hurt me? How about credit accounts?
I am looking at the target card and circuit city card, since I spend a majority of my money there. Is it best to use the two cards for the two stores or just use one credit card for all of them?
I have a checking, savings, prima account at BOFA, and I was told that would help me a bit. I dont want student checking because there are no rewards. Please let me know what suggestions you might have, I am lost. THANK YOU!
What will my score be when I turn 18, if anything?
Author: beyond platinum Posted: Fri Dec 02, 2005 3:49 am Post subject: Just Turned 18 Need a Credit Card
Considering that you are just starting out and bank with BOA, I would suggest applying for one of their cards first. They have the financial rewards card that might interest you. If they don’t approve you, tell them that you will take your business elsewhere.
You have to have an open credit account for 6 months in order for a FICO score to be calculated so it’s too early to tell. DO NOT apply for too many credit cards at once. The inquiries will decrease the likelihood that you will be approved. Try applying for 1-2 cards every 6 months and I strongly suggest you apply with Capital One first. You have to establish a history first before applying for the best cards.
Author: Polonius Posted: Fri Dec 02, 2005 10:22 am Post subject: Just Turned 18 Need a Credit Card
First get your credit reports from all three bureaus. See if they've got anything on you now--and if the information is accurate. They're free once a year.
You should spend some time reading all that is out there, you need to educate yourself.
Hard to beat the 1.5% cash back of your debit card, but if you really are doing 40K/month then the BoA Power Rewards card will give you 2% cash back but you need to spend up to 50K to get the full 2%. There is a FW thead http://www.fatwallet.com/t/52/531224.
Author: Polonius Posted: Fri Dec 02, 2005 5:56 pm Post subject: Just Turned 18 Need a Credit Card
I think it's greater that you're doing so well on eBay, Philip. What do you sell? How do you do it? I'm eager to learn.
Author: Daniel Posted: Fri Dec 02, 2005 10:10 pm Post subject: Just Turned 18 Need a Credit Card
First Kudos for being a young entrepreneur. I too would be interested in hearing of your eBay success.
The way I see it is you have a lot of potential for purchasing power and getting rewards. The problem though is with a thin credit file you may have some limited choices in cards and probably initial credit lines.
As you already are a Bank of America customer and if you can show that level of activity or at least a good part of it you may just be able to land a Power reward card. I would suggest that you talk to the branch manager where you maintain your deposit accounts as a good step; you also want to try and get as much of a credit line as you can but, you might find you have to work your way up on that. If not at least they may offer you an option.
One other thought is if your parents have a long term, high limit, low balance credit card that they could make you an authorized user on this would certainly help in creating your Fico score.
If you’re doing almost a ½ million dollars in transactions a year then getting cash back only makes sense anything less is leaving money on the table.
Author: righthusk Posted: Sat Dec 03, 2005 3:09 pm Post subject: Using Store Credit Cards to Build Credit
For those of us without credit cards trying to build our credit store cards are often cited as a good way to start. However, some store cards are associated with major creditors like the Amazon.com Visa card and the Walmart Discover card--are these store cards just as difficult to get for newbies as other regular unsecured cards? Should someone starting out instead stick to the store cards that aren't associated with visa, MC, discover, amex; etc?
Author: db619196 Posted: Sun Dec 04, 2005 8:07 am Post subject: Using Store Credit Cards to Build Credit
righthusk,
The Amazon Visa is not the same as a store card, and would require a credit history. I applied for and got one about 7 months after I established my credit history.
Here is what I did to establish credit: I wrote my local credit union, and reminded them that I have been a good customer since I was in high school, and I asked them for a chance to get a credit card to establish my history. I also let my dad be on the card with me. They agreed, and he was on it, and I got a 500 dollar limit. Soon after this, I got a Sam's Club card with 1200 dollar limit, then its been smoth sailing credit wise since then.
Strangely, I was denied a Kohl's card even after I had the other two, and got approved for an Amazon Visa card 2 months later! So Kohl's apparently doesn't buy into the theory that their cards are easier to get.
Author: scarymary Posted: Sun Dec 04, 2005 10:14 am Post subject: Using Store Credit Cards to Build Credit
Don't fret... I was approved for Citi Platinum Select MC for $7700 and a few other top of the line cards but Strawbridges felt I wasn't fit to wipe their boots and denied me...
I THINK is was because of too many inquiries... I've gotten 5 new accounts since August... Most have contacted TU for the inquiry.
Author: drrevrob Posted: Thu Oct 27, 2005 12:55 pm Post subject: ADVANTA Business Credit Card
Is there anyone on this board that is familiar with this card? I recieved something in the mail and the BT offer seemed ok, but wanted to check info on this board first. Would appreciate any info Rob
Author: drrevrob Posted: Thu Oct 27, 2005 3:28 pm Post subject: ADVANTA Business Credit Card
Oh my goodness, Verne thanks so much for turning me on to www.badcreditcards.org/AdvantaCard.htm, it really opened up my eyes. Guess I will not be dealing with Advanta. Thanks again Rob
Author: Board Monitor Posted: Fri Oct 28, 2005 8:32 am Post subject: ADVANTA Business Credit Card
I have had nothing but good experiences with Advanta for 5+ yrs. More consumer reviews can be found here:
Author: jtmarlinceo Posted: Fri Dec 02, 2005 1:59 pm Post subject: Providian Platinum Credit Card Balance Transfer
Good Morning to all of you... I'm pretty new to the forum and I wanted to make my first post in regards to a Providian Platinum Visa which I was approved for recently.
I've been approved with a $2000- CL 0% FIXED APR for 12 months on Balances Transfers 9.9% APR on purchases. 3% fee on Balance Transfers
I'm considering transferring balances from 2 of my credit cards, But was seeking some input from you guys. I'm just preparing for the worse and I don't want to be surprised later with fees if any come up.
-Capital One Balance $486.76 14.9% APR $550- CL -Orchard Bank Balance $500.00 21.65% APR $550- CL
I want to know which is the safe route to go. I want to establish a good history with Providian and boost up my credit score. Will my reputation with Providian be affected by transferring over 2 balances from my 2 CC's. Will my credit score increase by doing so and making payments in bulk?
My Fico is Mid 600's I have 5 years of credit history.
Author: scarymary Posted: Fri Dec 02, 2005 2:17 pm Post subject: Providian Platinum Credit Card Balance Transfer
Sure transfer both balances to the new card. Pay the fee and DO NOT use the card for purchases until the balance is paid off.
Will it help your score? Sure, it will bring your utilization down to 0% on the other two cards and around 50% on the Providian (provided you don't charge up the other two again).
Your reputation won't be good with Providian until you pay them... ON TIME... EVERY TIME... whether or not you transfer balances won't help you with that!!
Author: rain Posted: Fri Dec 02, 2005 1:03 am Post subject: Visa Signature Credit Card Review
I just returned from a free premiere screening of narnia for 2, + popcorn and soda. Nice and free evening out. Apparently visa signature has some benefits. Someone mentioned some daytona tickets or something, and said we should check visa.com website frequently for these offers
Author: Board Monitor Posted: Fri Dec 02, 2005 9:41 am Post subject: Visa Signature Credit Card Review
Wow! How cool. How did you find out about this offer? I want to go to the movies on Visa's dime, too. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: sandyworks Posted: Mon Nov 28, 2005 8:17 pm Post subject: Quick Online Credit Card Approval
(I posted this originally in the wrong forum...sorry) Hi. I need a quick response to a visa or mastercard. immediate on line approval. I currently have an $8000 credit line with Sam's Discover. No other credit cards and good credit going back to 1980 on my reports. had a Chapter 13 8 years ago but everything on my credit is squeaky clean...as far as I can see. Mortgage broker pulled my credit 6 months ago and laughed at my worrying and said my score was close to 800. Don't know what they use. I have a long history of good credit from 1975 to 1996 due to an accident/disability and losing job. Everything back to normal now.
Is it possible to get immediate approval and quick mailing of a card. My PG score is 766. I just don't want to wait 30 days...1 to 2 weeks is fine.
Author: QikPass Posted: Mon Nov 28, 2005 10:07 pm Post subject: Quick Online Credit Card Approval
American Express can overnight you a temporary card. It will be valid for 90 days, meanwhile, they will snail mail u your permanent card.
Author: sandyworks Posted: Tue Nov 29, 2005 2:51 am Post subject: Quick Online Credit Card Approval
My original post states that I need a visa or mastercard. The discounters for carpeting and major appliances do not take Amex....I already have Amex with a very high limit. (my husband's card). We are doing purchases of over $10,000. By going to a discounter, I can save well over $3,500. But they don't take American Express. These are vendors through Direct Buy and they don't do financing either.
I never realized they wouldn't take Amex and I am taking delivery in a couple of weeks. I have to pay right before they deliver.
Author: fenster Posted: Tue Nov 29, 2005 4:47 am Post subject: Quick Online Credit Card Approval
You’ll get instant approval and your card in 7 business days from either US Bank or Bank of America, these two banks practically guarantee swift approval and delivery. They’re about the only ones, a distant third would be Citi. All others have stringent processing guidelines, like Chase for example.
Author: astounding Posted: Tue Nov 29, 2005 6:23 am Post subject: Quick Online Credit Card Approval
Citi Mastercards (Platinum, Diamond) are instant approval offers.
Of course I don't think this is overnight, but my friend had his approved within 4 days.
Actually Chase has about the same timeframe, but as fenster mentioned, they are more strict.
Author: JeffreyConrad Posted: Thu Nov 24, 2005 9:50 pm Post subject: Delta Sky Miles Credit Card Review
I received a solicitation for this card. I guess you would charge all of your Delta tickets on this card and you would rack up mileage points. I think other purchases would also be considered for points depending on their policies. But they never talked about how you would redeem the mileage points or how many mileage points you need to purchase a ticket. Could some sophistocated traveller untangle this for me?
Author: fire3000 Posted: Fri Nov 25, 2005 8:08 am Post subject: Delta Sky Miles Credit Card Review
I have this card. It is issued by AMEX. Holders earn one mile for every dollar charged with a bonus mile for every dollar charge for Delta tickets. The annual fee is very high- about $80. AMEX typically offers 10,000 bonus miles to new cardholders which makes up for the fee. Delta is now in bankruptcy, but the risk of the skymiles becoming worthless is low. I accepted a low rate balance transfer for life onto this card, so I will no longer charge to it until it is paid off (to avoid paying regular interest rates on new purchases).
Author: JeffreyConrad Posted: Fri Nov 25, 2005 10:11 pm Post subject: Delta Sky Miles Credit Card Review
I see. Now would someone explain how many Sky Miles it takes to purchase a domestic or an international ticket? I'm wondering how I would redeem the Sky Miles once I have so many in place.
Author: fire3000 Posted: Mon Nov 28, 2005 8:05 am Post subject: Delta Sky Miles Credit Card Review
Go to www.delta.com and click on the skymiles link. Register there for a sjymiles account. The miles required for rewards and the procedure to redeem miles are also listed there. I just heard that Delta will stop flying if their pilots do not agree to the demanded concessions.
Author: badcredit Posted: Wed Nov 30, 2005 12:40 am Post subject: Orchard Bank Credit Card Review
Standard 1
The Orchard Bank MasterCard, issued by HSBC, offers a convenient way to build or rebuild your credit coupled with a competitive APR. $19 processing fee Low $79 annual fee Complimentary online account management
Secured
The Orchard Bank Secured MasterCard offers an excellent way to build your credit with a competitive APR, outstanding customer service and complimentary online bill pay in addition to worldwide MasterCard acceptance. No processing fee Low $35 annual fee Low security deposit ($200 min)
but it seems too much fee that I need to pay to obtain the credit card here. I am not sure if I can get anywhere else with my 602 score but if not I guess I will just wait until my score goes up in next a few months or so.
By the way, do you think there is a chance I can get a gas station card or department store card? Do that also help bring up my credit history if I use wisely?
Author: Board Monitor Posted: Mon Nov 14, 2005 8:56 am Post subject: MBNA Credit Card Review
I would like to know if anyone has had their account closed by MBNA due to high utilization or another bogus reason (other than due to legit. reasons like late payments, paying less than the minimum, etc.).
I am helping a reporter from a major personal finance magazine and I think she would be very interested in this. Please post away! _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: Polonius Posted: Mon Nov 14, 2005 10:19 am Post subject: MBNA Credit Card Review
Yep.
In November 1991 I opened an Ameritech MasterCard account. It turned into a Household Bank account, and then an MBNA Platinum Plus account. In February 2004 it had a credit limit of $24,600 and no balance when I received a call from a "credit analyst" at MBNA. He said he was reviewing my account and noticed I owed what he considered a lot of money to other creditors. We had a brief, cordial conversation after which he told me that he was closing my account immediately. He told me to cut my card up and never use it again.
I had never been late with payments, never gone over my credit limit, never done anything against its rules--or the rules of any OTHER creditor. At the time my account was closed, I repeat--I owed NOTHING to MBNA. I hadn't even used the card for a few months. I was quite peeved. Cancelling the card reduced my average credit history (since I had owned the card for 12+ years when it was closed), reduced my credit availability (since $24,600 of credit card availability disappeared suddenly) and reduced my credit scores abruptly.
I was angry on several levels. What if I had recurring charges on the card? What if I had used the card recently for an online purchase that hadn't yet posted? What if I had used a balance transfer check that hadn't cleared yet? What was so goshdarn urgent that my account, in good standing for 12 years, suddenly had to be closed completely on the same day the analyst called?
A few days after the account was closed, I received by mail a special offer from MBNA offering me a balance transfer for 2.9% because I was one of its best customers!
A year later, February 2005, I received a pre-approved letter from MBNA offering me its FidelityInvestments Platinum Plus card. I applied by phone, spoke with a credit analyst, and was given a card with a $30,000 credit limit and a 2.9% balance transfer rate for a year.
I owed more money to other creditors in February 2005 than I had owed in February 2004 when my card was cancelled. Go figure.
Getting Highest Cash Back Percentages on Cit Credit Card
Author: db619196 Posted: Tue Nov 29, 2005 2:46 pm Post subject: Getting Highest Cash Back Percentages on Cit Credit Card
I was wondering if anybody knows the merchant codes or categories that get 5% with the Citi Dividend card. I know the general categories (gas, grocery, and drug stores), but I was wondering about the specific categories, for instance "automated gas dispenser" and "service station."
While I am asking, does anybody know the Chase Cash Plus categories that get 5% back? I am guessing they are the same.
The reason I am asking all of this is so I can go through my bill and see where I am getting 5% back and where I am not, and see if I *should* be getting the 5%. When I went through one of my bills, I thought all of the purchases should have gotten 5% back, but they did not. I have tried to ask Citi this question, but twice the response has been unrelated to my question.
Author: Maddy Beagle Posted: Tue Nov 29, 2005 3:25 pm Post subject: Getting Highest Cash Back Percentages on Cit Credit Card
somebody posted a few weeks about on the citi card what places get 5% and there has been ongoing discussion on the difference with the chase card. Some have pointed out slight differences with the chase card at superstores. Some report chase gives 5% at superwalmart and citi doesnt, for example.
Author: db619196 Posted: Tue Nov 29, 2005 10:42 pm Post subject: Getting Highest Cash Back Percentages on Cit Credit Card
Looks like I got on the forums just too late. Thanks for the tip. I will look over some old discussions.
I am considering getting the Chase Cash Plus Card to replace my Marathon card with them. I figure getting 5% back at more places is better than just at Marathon, even though I already have the Dividend card. If Chase does give cash back at Wal Mart, that would be nice.
Author: scarymary Posted: Wed Nov 30, 2005 8:56 am Post subject: Getting Highest Cash Back Percentages on Cit Credit Card
I just logged onto my Citi account last night and decided to check out their Merchant Network. You can shop online (and in some cases, in the store) and get extra cash back.
I had some Christmas shopping to do so when I saw that Target.com was offering 9% cash back on sales thru the Citi Network, I bought online what I was going to go to Target for. A Roomba Vaccuum for my mom and 2 video games for my son. Since I was going to buy this stuff anyway... I felt like I had won the lottery.
I spent about $240 dollars which will equal out to almost $22 cash back. The best part is that if you purchase thru their network, the cash back bonuses DO NOT count towards the $300 cap. It's unlimited.
Author: Board Monitor Posted: Mon Nov 28, 2005 10:52 am Post subject: Free Citibank Rebate Credit Card Offer
Cool! Thanks for the link. Still think the Schwab offer is better. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: QikPass Posted: Mon Nov 28, 2005 1:09 pm Post subject: Free Citibank Rebate Credit Card Offer
So do I.. Only need to make one purchase on that one with no limit...much better offer, and a lower interest rate. By the way, if you guys are not interested in the ipod from charles schwab, they also have the exact card, minus the ipod, but with an interest rate of 1.40% above prime for all transactions.
Did you happen to get your ipod yet? I'm still waiting on mine...
Author: MattK82 Posted: Sat Nov 19, 2005 9:55 am Post subject: MBNA Quantum MasterCard
I have a quantum card. It has a couple things that are better about it. First, I think you can get up to 250k credit line. Second, no foreign exchange fee, and you get higher insurance rates when traveling.
They also have a very similar travel concierge to AMEX, but this may also be available on the Platinum Plus Card.
I suppose it just depends. I dont think there is enough difference not to apply, at the same time I dont think there are so many advantages to blow the platinum plus out of the water.
I think you have to be approved for a 15k credit line to have a quantum card, but I am not positive.
Credit Card Balance Transfers for Authorized Users
Author: rainyday Posted: Wed Nov 09, 2005 12:10 pm Post subject: Credit Card Balance Transfers for Authorized Users
I have the Citi Dividend card and added my son and daughter as an authorized users (just to help their credit scores). When I called to activate each card the customer rep asked if they would like to make a balance transfer, I asked if my son could make his own BT separate from any I might make in the future. The customer rep said yes but he had a indian accent so I'm skeptical? My question is ...has anyone done this and if so how does it appear on the statement and does each AU have a credit line equal to and separate from my own? This seems too good to be true!
Author: Ira Posted: Wed Nov 09, 2005 12:16 pm Post subject: Credit Card Balance Transfers for Authorized Users
Have you ever used an extension cord to plug three electrical items into the same outlet? All appliances draw the same power. One can work alone or all three at once, so long as you don't exceed the total power available on that circuit. If you try to draw too much power you trip the circuit breaker.
It's the same thing with authorized users. Every card is exactly the same in the eye of the issuer. It doesn't matter who does what, purchase or balance transfer, as long as the total combined usage does not exceed the credit limit of the card, which would cause additional fees and penalties, much like tripping the circuit breaker.
Therefore if you want to limit the usage of any particular card you have to do it administratively.
Author: maddybeagle Posted: Wed Nov 09, 2005 12:38 pm Post subject: Credit Card Balance Transfers for Authorized Users
why would you want an authorized user to do a bt? I see no good coming from this since he would need to tell you anyway (so that you sock drawer the card) and not put any purchases on it. Most offers are for bt's and not purchases. I have an authorized user, but I pay the bills and take the card from them before I do any bt's (and give them another one) and make sure all purchases have cleared before the bt.
Author: thedownsgroup Posted: Wed Nov 09, 2005 10:34 pm Post subject: Credit Card Balance Transfers for Authorized Users
Having authorized users on your accounts, where you are solely financially reponsible... is a headache.
But adding an authorized user to help their credit, where you don't even give them a card, is okay.
Author: QikPass Posted: Wed Nov 16, 2005 4:51 pm Post subject: Credit Card Interest Rate Tips
Just received change of cc agreement letter in mail today. This section jumped out at me.
"The default rate section will be revised so that the default rate or non-preffered rate will not apply if you fail to make a payment when due to another creditor other than us or one of our related companies"
Guess all the customer complaints about Universal Default rates are starting to pay off...
Author: mouse Posted: Wed Nov 16, 2005 9:22 pm Post subject: Credit Card Interest Rate Tips
"The default rate section will be revised so that the default rate or non-preffered rate will not apply if you fail to make a payment when due to another creditor other than us or one of our related companies"
Guess all the customer complaints about Universal Default rates are starting to pay off...
CAPITAL ONE dumped that LAST YEAR
Author: Board Monitor Posted: Thu Nov 17, 2005 9:58 am Post subject: Credit Card Interest Rate Tips
Consumer protests (including those made via sites like ours) do make a difference!!!!! _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: guessindigo Posted: Fri Nov 18, 2005 10:47 pm Post subject: Credit Card Interest Rate Tips
Board Monitor wrote: Consumer protests (including those made via sites like ours) do make a difference!!!!!
Amen!
Had consumers and consumer watchdog groups NOT made a big issue out of this, then surely, they (the issuers) would not have backed off voluntarily like this..
Author: Board Monitor Posted: Fri Nov 18, 2005 2:07 pm Post subject: Credit Card Currency Conversion Fees
In your credit card comparisons I cannot find information on companies that do not charge the typical 2-3% foreign currency conversion fee. For some time I used an MBNA card that had no conversion fees but in May they instituted the charge. I understand that Capital One does not charge the fee. Are there any others? Thanks for your reply. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: shooter Posted: Sun Nov 06, 2005 1:40 am Post subject: Emigrant Direct Cash Back Credit Card
I have read several references to the new card Emigrant Direct is supposed to release soon to its members. I read a post on another site where a guy was told that Emigrant hoped they would have the card in his hands by Thanksgiving. To keep that schedule they should be giving people the chance to apply soon. I'm just wondering if anyone has actually received an offer for this card or if it is under wraps. I'm opening an account with them because they have a great rate but I'm interested in this card too.
Author: Board Monitor Posted: Sun Nov 06, 2005 9:41 am Post subject: Emigrant Direct Cash Back Credit Card
Not yet! Should be out soon, though. I am sure when it comes out that you'll hear about it. _________________ Best Regards, Curtis Arnold Board Monitor http://www.cardratings.com (501) 663-0314
Author: jon8 Posted: Tue Nov 15, 2005 9:42 pm Post subject: Credit Card Offers in The Mail
I am young and never had a credit card, but I have been paying my auto loan for few months. There was a mail offer today from Capital One Platium. Is there anything bad about these offers? What should I be careful about?
