Ratings of Credit Cards
archive
Posted: Thu Jan 13, 2005 3:46 pm
Post subject: Ratings of Credit Cards
Jared Kinkade
Date: 5/4/2000 1:25 pm CDT
I'm wondering first why not all of the cards got star ratings next to
the description (did only the sponsored cards get stars or does the lack
of stars mean it got a "zero rating"?).
Also, the top two cards that you recommend are Diner's and Nextcard-are
these widely accepted? (on the Internet as well as local merchants?)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
archive
Posted: Thu Jan 13, 2005 3:47 pm
Post subject: Ratings of Credit Cards
Board Monitor
Date: 5/5/2000 12:40 am CDT
Jared,
Thanks for your recent inquiry!
Our 5 star rating system has nothing to do with our sponsors. The reason
all cards don't have stars beside them is because
we are in the process of updating our credit card reviews (we do this on a
semi-annual basis). The cards without stars have not been reviewed since
last year.
In response to your second question....NextCard is widely accepted because
it is a Visa. Diner's Club, however, is not as widely accepted. Although,
they boast that they are accepted at around 5 million merchants worldwide
and have been in business longer than any other credit card...for 50 years!
Hope this helps!
Regards,
Jackie Hughes
Board Monitor
CardRatings.org
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
Joe
Date: 5/4/2000 12:59 am CDT
Fleet bank, www.fleet.com, has a platinum card with a 6 month intro of
2.9%. This goes to 10.6 after that time.
The also have a card with 9.9% fixed. A fleet titaninum that has 7.9
fixed.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
cleo
Date: 5/5/2000 11:19 am CDT
fleet does not have a fixed rate - see item 24 on mailouts-they can and do raise "fixed" rates regardless of credit ratings or payments.
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
cleo
Date: 5/5/2000 11:24 am CDT
our "fixed" rate went from 7.9 to a choice of 9.5 variable or another "fixed" rate at 10.5-we were never late on any payments and credit rating are excellent
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
Board Monitor
Date: 5/5/2000 12:38 am CDT
Cleo,
Good point. They are currently advertising a permanent variable rate set at 10.6%. They set their rate using LIBOR (London Iterbank Offered Rate), instead of Wall Street's prime rate. They introductory rate is fixed, though.
Regards,
Jackie Hughes
Board Monitor
CardRatings.org
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Thu Jan 13, 2005 3:46 pm
Post subject: Ratings of Credit Cards
Jared Kinkade
Date: 5/4/2000 1:25 pm CDT
I'm wondering first why not all of the cards got star ratings next to
the description (did only the sponsored cards get stars or does the lack
of stars mean it got a "zero rating"?).
Also, the top two cards that you recommend are Diner's and Nextcard-are
these widely accepted? (on the Internet as well as local merchants?)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
archive
Posted: Thu Jan 13, 2005 3:47 pm
Post subject: Ratings of Credit Cards
Board Monitor
Date: 5/5/2000 12:40 am CDT
Jared,
Thanks for your recent inquiry!
Our 5 star rating system has nothing to do with our sponsors. The reason
all cards don't have stars beside them is because
we are in the process of updating our credit card reviews (we do this on a
semi-annual basis). The cards without stars have not been reviewed since
last year.
In response to your second question....NextCard is widely accepted because
it is a Visa. Diner's Club, however, is not as widely accepted. Although,
they boast that they are accepted at around 5 million merchants worldwide
and have been in business longer than any other credit card...for 50 years!
Hope this helps!
Regards,
Jackie Hughes
Board Monitor
CardRatings.org
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
Joe
Date: 5/4/2000 12:59 am CDT
Fleet bank, www.fleet.com, has a platinum card with a 6 month intro of
2.9%. This goes to 10.6 after that time.
The also have a card with 9.9% fixed. A fleet titaninum that has 7.9
fixed.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
cleo
Date: 5/5/2000 11:19 am CDT
fleet does not have a fixed rate - see item 24 on mailouts-they can and do raise "fixed" rates regardless of credit ratings or payments.
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
cleo
Date: 5/5/2000 11:24 am CDT
our "fixed" rate went from 7.9 to a choice of 9.5 variable or another "fixed" rate at 10.5-we were never late on any payments and credit rating are excellent
archive
Posted: Thu Jan 13, 2005 3:49 pm
Post subject: Ratings of Credit Cards
Board Monitor
Date: 5/5/2000 12:38 am CDT
Cleo,
Good point. They are currently advertising a permanent variable rate set at 10.6%. They set their rate using LIBOR (London Iterbank Offered Rate), instead of Wall Street's prime rate. They introductory rate is fixed, though.
Regards,
Jackie Hughes
Board Monitor
CardRatings.org
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 2:51 PM
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