|
Free consumer info. since 1998! As featured by The Wall Street Journal, The NY Times, PBS, etc.
New!
Consumer advocates strongly suggest that you know your credit score.
You can now obtain your three credit scores for free instantly online!
How Long It Takes for Citibank to Mail Credit Card
Author: Signature
Posted: Sat Feb 25, 2006 9:00 pm
Post subject: Citibank Dividend ... how long in the mail? Does anyone know where Citibank mails the actual card from? I got approved today and wondered how long it would take to reach me by mail.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: shooter
Posted: Sun Feb 26, 2006 12:33 am
Post subject: Mine took almost a month. I was instantly approved online but a couple of weeks later I got a letter that they wanted to verify my address so I had to send them a utility bill. I found it ironic that they sent me a letter to an address they supposedly couldn't verify was mine. Anyway I sent in the electric bill and got my card a week or two later. My sister had the same experience when she applied for the card. I don't know if that is standard procedure for them for new accounts or what. It was by far the longest I've ever had to wait for a card. I just got a second card from them a couple of months ago though and that one arrived with no trouble after 10 days or so.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: rainyday
Posted: Sun Feb 26, 2006 10:56 am
Post subject: How Long It Takes for Citibank to Mail Credit Card My card took ten day's...the cash rebate check's seven day's or less. _________________ Experience is a hard teacher because she gives the test first, the lesson afterward.
Author: JaneiR36
Posted: Sun Feb 26, 2006 6:08 pm
Post subject: How Long It Takes for Citibank to Mail Credit Card oh, man! I did have to do the bill verification thing, too. They had a point, though. I had just moved there about two months ago and didn't actually have any utility bills for a while. It took signing up and then another forever to get the copy of the bill over to them. Maybe you should prepare those documents and set them aside just in case! Definitely the longest I had to wait for any card (I sent them the info they asked for at the tail end of the 30 days they gave me) and then another week or two before I got the actual card. But still, it was my first 0% APR card coming out of debt and I appreciated the break it gave me!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Concierge Services on Credit Cards
Author: tonyb
Posted: Fri Mar 24, 2006 11:49 am
Post subject: Concierge Service A couple of the high end cards now offers complimentary telephone concierge services. Has anyone used these? Visa Signature, MBNA Amex Platinum, few others off the top of my head advertise these. I travel a lot, and I can see the benefit to such a service, but do they actually do anything? I'm interested in anyone's experiences.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: bullwinkle29
Posted: Thu Apr 06, 2006 7:56 pm
Post subject: amex has a black platinium card, it comes w/ $2500.00 anual fee, and you must spend 250,000 p/year on the card. you get all the bells w/that card
Author: mouse
Posted: Thu Apr 06, 2006 8:46 pm
Post subject: Re: Concierge Service tonyb wrote: A couple of the high end cards now offers complimentary telephone concierge services. Has anyone used these? Visa Signature, MBNA Amex Platinum, few others off the top of my head advertise these. I travel a lot, and I can see the benefit to such a service, but do they actually do anything? I'm interested in anyone's experiences. NEVER ANY USE FOR IT
Author: creditnewbe
Posted: Fri Apr 07, 2006 5:43 am
Post subject: I use concierge very often. World Mastercard offers concierge and AMEX platinum too; however, I prefer the AMEX concierge because they cater to my taste. Their recommendations have been better than those of world mastercard. I get weather conditions, restaurant recommendation and reservations. There was a restaraurant that I couldn't remember its name. They located it and gave me the number and address as well. So when I don't have time to make entertainment arrangements, they take care of everything. I find it very helpful when I travel. They email me a list of restaurants, meseums, and things to do. I got lists from both mastercard and amex. The difference was, mastercard recommended cheaper casual restaurants and amex chose upscale restaurants and the places where one HAS to eat in that city.
Author: guessindigo
Posted: Fri Apr 07, 2006 10:54 am
Post subject: Concierge Services on Credit Cards I used it once to score tickets to a astros game when I was in Houston. Other than that, I haven't used it.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Credit Card Approval Based on Credit Scores
Author: shortstop7
Posted: Tue Apr 04, 2006 10:45 pm
Post subject: What cards will i get approved for? Here are my scores: eq - 645, ex - 629, tu - 635. i am moving and really need a card to buy some furniture/electronics. i can pay it off over 3/4 months, cause i already budgeted it, but cant afford it all at once, so i need a card. I want walmart, a furniture store and a circuit city type. Please advice, By the way, just found out today i was approved for the Chase Manhattan Auto Finance Loan i applied for $30,000. I am very excited.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Ira
Posted: Tue Apr 04, 2006 11:00 pm
Post subject: Circuit City & furniture store cards are very easy. Just go into Circuit City, choose what you want to buy, and let them sell you on getting the store credit card with up to 18 months to pay, interest free. Same thing with furniture stores. They'll sell you on using their store credit plan.
Author: shortstop7
Posted: Wed Apr 05, 2006 10:17 am
Post subject: Credit Card Approval Based on Credit Scores someone said they are issued by chase, so i need a 680 and up. Not true??? Ira wrote: Circuit City & furniture store cards are very easy. Just go into Circuit City, choose what you want to buy, and let them sell you on getting the store credit card with up to 18 months to pay, interest free. Same thing with furniture stores. They'll sell you on using their store credit plan.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: bullwinkle29
Posted: Wed Apr 05, 2006 12:22 pm
Post subject: Re: What cards will i get approved for? shortstop7 wrote: Here are my scores: eq - 645, ex - 629, tu - 635. i am moving and really need a card to buy some furniture/electronics. i can pay it off over 3/4 months, cause i already budgeted it, but cant afford it all at once, so i need a card. I want walmart, a furniture store and a circuit city type. Please advice, By the way, just found out today i was approved for the Chase Manhattan Auto Finance Loan i applied for $30,000. I am very excited. auto loans are different. the loan is secrued. credit cards, the company has no way if getting there money if you default. if you default your car loan, they come pick-up your car.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Discover Gas Credit Card Review
Author: TomfromCT
Posted: Sat Mar 25, 2006 5:41 pm
Post subject: Discover Gas Card Anyone have this card? Do you like it? Is it really 5% back on gas? Cuz..... Yea baby.... I just applied online and GOT IT !!!!! Thats just leaves AMEX for my total credit recovery ( or at least getting all the cards I once had back) But I think I'll wait a while on the AMEX thing. Hey IRA, I;m sure my recent applications dropped my credit score - AND I DON'T CARE !!!! Are ya proud of me?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: maddybeagle
Posted: Sun Mar 26, 2006 9:24 am
Post subject: Discover Gas Credit Card Review Congrats. I have 2 discover cards (home improvement and get more). The get more program starting for april 1 is gas and auto., so that might be a better deal than the gas card alone if you need any car repair/main. I use my chase and citi cards for gas and groceries, but probalby will switch one of my cards to gas when they discontinue the home improvement card along with the restaurant cards.
Author: Board Monitor
Posted: Mon Mar 27, 2006 6:22 pm
Post subject: Discover Gas Credit Card Review Congrats Tom! Let us know how you like the card and if you actually get the 5% rebate. Don't think it applies to wholesale club/discount store purchases, though. _________________ Regards, Curtis Arnold Board Monitor http://www.CardRatings.com
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Credit Card Offers for Older College Students
Author: db619196
Posted: Wed Apr 05, 2006 11:52 am
Post subject: Question About Older People Getting Student Cards I am 27 and haven't been to college in 4 years since I finished my Master's Degree. However, I am considering going back to school so I can get certified to teach in the public schools here. Since I will officially be a student, I was looking into getting the MTVu card, which offers the best cash back rate on restaurants available now that the Discover Restaurant card is discontinued. Plus, the MTVu card gives bonuses based on good grades. Just so you know I havent watched MTV for years and could care less about the MTV image, but 5% is 5%! My question is this: Will my credit rating or standing with the credit card companies change because I will have a student card? Will Citi and other companies now view me as more of a risk simply because I have a student card? I would like 5% back, but I dont want my credit to suffer.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: XeroK00L
Posted: Wed Apr 05, 2006 12:29 pm
Post subject: Re: Question About Older People Getting Student Cards Any credit card account shows in your credit history as a revolving account, student card or not. Nobody can tell from your credit history what kind of product a specific credit card account is. What you should worry about more is the credit line granted to your student card since that's what'll be shown in your credit report, and student cards usually get lower credit lines than the regular ones. But as long as you keep your utilization low you should be safe. Last edited by XeroK00L on Wed Apr 05, 2006 3:21 pm; edited 1 time in total
Author: gsr
Posted: Wed Apr 05, 2006 3:18 pm
Post subject: Credit Card Offers for Older College Students There was something about a limit, like 10,000. if you go over it , then they wont give you the card. But, im not sure if that counts for only citi bank cards only, or all your cards. They will approve you if your 10,000 and under in your citi bank cards. It wont affect your credit score, but the interest is high after the promo period so thats not that good. Mines is 31.4% after the 6 month 0% promo
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Circuit City Credit Card Review
Author: shortstop7
Posted: Mon Apr 03, 2006 8:31 pm
Post subject: Circuit City card. Hello =) I wanted to know if anyone has any info about Circuit City cards. I want to get a card with them, but want to know my chances of being approved cause i dont want to apply, get a hard inqquiry and a denial. My scores: eq - 645, tu - 635, ex - 629. I have one paid collection (5 yrs old), which led to a judgement (settled). I have not had a blemish in 48 months. I pay everything on time, everytime.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: bullwinkle29
Posted: Mon Apr 03, 2006 11:26 pm
Post subject: that card is issued through chase. i think your scores are way to low.
Author: shortstop7
Posted: Tue Apr 04, 2006 12:45 pm
Post subject: Circuit City Credit Card Review Thanks, do you know what bureau they pull, and what score is required??
Author: bullwinkle29
Posted: Tue Apr 04, 2006 1:02 pm
Post subject: shortstop7 wrote: Thanks, do you know what bureau they pull, and what score is required?? i just applied for a regal entertainment card, which is by chase, they pulled my experian report. the dont do instant approval card, so it's still pending
Author: bullwinkle29
Posted: Tue Apr 04, 2006 1:20 pm
Post subject: Circuit City Credit Card Review you should have your scores up around 680 or higher
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Purpose Advantage Credit Card Review
Author: mongoslade
Posted: Tue Apr 04, 2006 1:11 pm
Post subject: Purpose Advantage Card? Has anyone heard of a "Purpose Advantage Card" issued by First bank of Deleware? Seems to have a lot of fees but I was wondering would it be a good card to restablish credit? I have Orchard and New Millinium so far.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: stilltrying
Posted: Tue Apr 04, 2006 3:44 pm
Post subject: According to my reading, this is a card to stay far far away from. http://thepurposeadvantagecard.com/terms.html http://thepurposeadvantagecard.com/faqs.html http://thepurposeadvantagecard.com/signup.form Quote: http://www.answers.com/topic/discover-card On November 1, 2005 Discover Network and Purpose Solutions, LLC, a subsidiary of CompuCredit Corporation primarily known for issuing the Aspire Visa, announced that Purpose Solutions will issue a card on the Discover Network. Click -->here <-- for a link to information about Compucredit. (If the link at some point does not work, then head to http://www.ripoffreport.com , scroll down the screen until you see the name "Compucredit" over in the far right-hand column, and then click on that) Quote: "Purpose Advantage Discover, Anyone have this card or receive their offer?" | --> " gowhereuwannago Dec 26 2005, 07:10 PM I just received an offer for the Purpose Advantage Discover card. It looks like it starts with a $50 per transaction limit, and a $2.99 per transaction fee, rather than a percentage rate. It states that they report to all 3 bureaus, but if it's only a $50 limit, that isn't so helpful. Any feedback appreciated. The link (for the terms) is below... Link removed by Admin." | --> " LKH Dec 26 2005, 07:13 PM Do yourself a favor, if you need a new tradeline, get yourself a secured card from BofA or National City. You won't get charged per transaction and have a pathetic $50 per transaction limit." | --> " gowhereuwannago Dec 26 2005, 07:16 PM I did just activate my Crown Jewelers, and my BOA secured app is in the mail as well. I am also thinking of adding a US Bank secured for the miles (WorldPerks) as well. I wonder how long it will take for these tls to improve my scores?" | --> " Shawnee Dec 26 2005, 07:19 PM What LKH said. Do not, I repeat DO NOT apply for this offer. It is a complete ripoff." | --> " hegemony Dec 26 2005, 07:25 PM affiliate []??? " | --> " hurricanesfans27 Dec 26 2005, 07:25 PM major ripoff. they not only get the fee from the merchant then turn around and stick you with a bigger fee. not even close to being worth it." | --> " LKH Dec 26 2005, 07:30 PM To the OP: I'm removing the link from your post as I don't want anyone thinking this is a good deal or a quick fix and applying for it. It's just not needed and is a complete ripoff." | --> " gowhereuwannago Dec 26 2005, 07:32 PM Thanks, LKH - just posted the link so others could read the terms and provide feedback. Definitely NOT trying to advertise for anyone!" | --> " gowhereuwannago Dec 26 2005, 07:36 PM Okay... found some additional info (after much searching). The scam is that this is set up like a cash advance, and there is a fee per transaction, then you pay in full for each transaction. DEFINITELY should be stayed away from!!! Thanks for everyone's feedback!" | --> " hegemony Dec 26 2005, 07:38 PM have you tried for a secured card?" | --> " gowhereuwannago Dec 26 2005, 07:40 PM Yes - just ordered my BOA secured, so hopefully that will be in the mail soon. I have also just activated my Crown Jewelers." | --> " tmcgill Mar 6 2006, 02:59 PM I am shocked that the Discover card folks would lend their name for such a scam. Is this their way of "dirtying their hands" in the subprime market? Just a quick scan of the agreement screams - run don't walk away from this card." | --> " buddyo Mar 6 2006, 03:04 PM Perhaps it is their way. Some people might have a thing for Discover. LOL. It is certainly NOT a good deal, but assuming they don't violate their pricey terms, it's not a full-fledged scam but merely a bad/pricey card. $2.99 per use.. ouch. The annual and monthly fee total a relatively (to first premier) meager $40 a year, but using it could be pretty dang expensive." | --> " buddyo Mar 6 2006, 03:06 PM And, they use arbitration and other stipulations in the terms. Yikes! It also deducts the monthly fee and charged amounts from your checking account automatically so you can't use it to carry a balance for very long. National City and the other good guys are looking better by the day." | --> " buddyo Mar 9 2006, 05:05 PM ASPIRE = PURPOSE ADVANTAGE DISCOVER. Ain't research great? FYI.. to give everyone an idea of who runs this thing. A person or two mentioned this card, and I think it's good for people to know whom they are sleeping with even if it is an old thread. On November 1, 2005 Discover Network and Purpose Solutions, LLC, a subsidiary of CompuCredit Corporation primarily known for issuing the Aspire Visa, announced that Purpose Solutions will issue a card on the Discover Network. Source: http://www.answers.com/topic/discover-card
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: stilltrying
Posted: Tue Apr 04, 2006 4:00 pm
Post subject: Purpose Advantage Credit Card Review For those that need to re-establish good credit, the advice that I've frequently seen given is to open a secured card:Quote: Meaning that you have to deposit some funds with the lending institution, and whatever amount you deposit would be your credit limit. Starts with minimum $500, and in $100 increments over that. They will, in return give you a Visa card. You use it for purchases just like a regular Visa card, and you will get a bill. You then pay the bill off when it is due. Note -- this amount WILL NOT be deducted from your deposit. If you do this for about an year, on time, your credit history will improve. Which is the whole purpose of getting a secured card. more information on secured credit cards:Quote: http://www.bankrate.com/brm/green/cc/crdt1c3.asp Build credit history with a secured card If you had $100,000 in CDs, paid all your bills on time but never owned a credit card, it's possible you would have a problem getting a credit card. Why? Because you have no credit history. It happens to thousands of people. They're worth 100 times the credit line they seek on a Visa or MasterCard, yet the bank says no. There's a solution: A secured credit card. They are easy to get and several have highly competitive rates and fees. A secured card is one in which you open a savings account -- it could be a CD -- and agree that the card-issuing bank can use those funds to pay off your card balance if you cannot. In essence, you are guaranteeing your line of credit with the deposit. Secured credit cards aren't the domain of deadbeats and bankrupt people, as you might suspect. And the cards look and operate no differently from the regular credit cards your friends are using. The institutions offering secured cards are some of the best-known in the nation--Key Federal, Bank One, Household Bank, Chase Manhattan Bank USA and Citibank/South Dakota. Look through the list of institutions and read not just the rates and fees, but the restrictions. They usually require that you be a U.S. citizen and have a Social Security or taxpayer identification number. Beyond that, some issuers say they turn down individuals with past credit problems. But if you have never had credit at all, you're likely to be approved. A secured credit card is just the first step. Once you have built a solid credit history over 12 months or more, you can apply for an unsecured card. Or, you can talk to the card issuer about converting from your present card to a regular card. examples:Quote: Bank of America: http://www.bankofamerica.com/creditcards/?template=secured_plat_visa Citibank: http://www.paymentsnews.com/2004/03/citibank_launch.html http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-09-2004/0002124703&EDATE= U.S. Bank: http://www.usbank.com/cgi_w/cfm/creditcards/secured/usb_secured_card.cfm Wells Fargo: https://www.wellsfargo.com/credit_cards/select_card/secured/ .... or open a credit card with your local credit union:Quote: "Credit Union Access!" http://creditunionaccess.com/ "CU Matchup" http://www.howtojoinacu.org/ "National Credit Union Administration" http://www.ncua.gov/ConsumerInformation/index.htm
Author: stilltrying
Posted: Tue Apr 04, 2006 4:38 pm
Post subject: Purpose Advantage Credit Card Review Depending on what your scores are and what type of derogatory information that is present on your credit reports, you might also qualify for a Target "Guest" charge card. After about two years with that card, you'll probably have a good chance that that card will then automatically be upgraded to Target's Visa card. I've been pretty happy with Target.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
0% Credit Card Convenience Checks
Author: unemployedandbored
Posted: Tue Apr 04, 2006 9:35 am
Post subject: 0% Credit Card Convenience Checks and the Stock Market I have a friend who is a real gambler. He has an excellent credit rating (FICO) score and gets quite a few offers for 0% Convenience Checks. These offers are for six or nine months. I told him that I deposit these checks directly into my checking account (that pays 4.37%) and set up an automatic withdrawal of the minimum payment each month. I then pay off the account in full before they start charging interest. I made about $1000 doing that last year. My friend said I was playing it to safe. He sends the Credit Card Convenience Checks directly into his Ameritrade Account and puts it in Energy Trusts. They pay about 11% in monthly dividends and also move up and down like the stock market. He is convinced that he will come ahead this year because of the high oil prices. So would anyone on this board gamble (in the stock market) with borrowed money? He said it is no more of a gamble than people who invest borrowed money in a new business like a Restaurant.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Polonius
Posted: Tue Apr 04, 2006 9:07 pm
Post subject: I spent most of my life as a futures trader, gambling on low margin on various markets. Did I borrow money heavily to gamble that way? Sure! The source of the money didn't affect the outcome. Did I make a large profit? Sure--when I was right. Did I lose a lot of money? Sure--when I was wrong. I'm not going to tell anyone not to gamble. Just be prepared to pay back what you've borrowed win or lose. Reminds me of the old jingle about a short seller: He who sells what isn't hisn, Must buy it back Or go to prison. _________________ Polonius "Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
Author: mouse
Posted: Wed Apr 05, 2006 1:02 am
Post subject: The only GAMBLE I bet on is paying off higher APR's with lower APR's (as in 0.00%--5.90% max)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Best Cash Back Credit Card
Author: tahoemark
Posted: Tue Apr 04, 2006 2:10 pm
Post subject: Best Cash Back Big Spender Card--or Strategy Hi all, Ok--It's not my money-- but with my business I spend around 200k per year on my personal credit cards. I have a Fidelity Investment Rewards card at 1.5% cash back but it caps out with 100k of spending. I noticed the emigrantdirect card at 1.4% (with 10k savings account) and no annual limit? Any other ideas? Also wonder if I could get a Fidelity 529 card too? Or do you think they wouldn't let me get away with that? Thanks mark
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: XeroK00L
Posted: Tue Apr 04, 2006 3:12 pm
Post subject: Re: Best Cash Back Big Spender Card--or Strategy You can always get multiple Fidelity cards, each with a $1,500 earning cap.
Author: quiznut1
Posted: Tue Apr 04, 2006 3:47 pm
Post subject: Best Cash Back Credit Card My suggestion: Bank of America Power Rewards Visa Platinum 1 point for every dollar spent No limit to the amount of points you can earn in 1 year Redeem 50,000 points for $1,000 statement credit, Equivalent of 2% cash back on all your purchases Points don't expire for 5 years.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: tahoemark
Posted: Tue Apr 04, 2006 4:50 pm
Post subject: Best Cash Back Credit Card thanks quiznet1 I checked the power rewards card, as mentioned elsewhere they don't show the 30k or 50k point rewards although I did verify that on the phone. The agent on the phone couldn't tell me if I would recieve a written rewards program/brochure with my credit card. Does anyone know if you get the 30k or 50k rewards mentioned in writing anywhere? Further, the agent didn't know if there was maximum number of points you could accumulate in any month/year. Does anyone have that info??
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Citi Dividend American Express Credit Card Review
Author: JoyJoy
Posted: Thu Mar 30, 2006 7:57 pm
Post subject: CitiDividend Amex Card Ok hubby has a question. He will receive this CitiDividend card any day and the terms are: 0% APR on balance transfers until 4/1/07. Plus, you'll receive 3 bonus months at 0% on balance transfers until 7/1/07 if you make a balance transfer and $100.00 in purchases that post to your account and are not returned within 3 months of becoming a cardmember. As a responsible lender, we want you to know that this 0% APR offer applies to transfers, not purchases and cash advances. This 0% APR may increase if you default under any Card Agreement that you have with us or fail to make payments to another creditor whendue. Your payments will be applied to low APR balances before higher ones. For further information, please see the back of this letter for Citibank Disclosures which include how we may change rates, fees and terms of your account." His question is should he charge $100.00 to the card first, pay it off when he receives the statement and then do a balance transfer?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: maddybeagle
Posted: Thu Mar 30, 2006 8:48 pm
Post subject: Quote: His question is should he charge $100.00 to the card first, pay it off when he receives the statement and then do a balance transfer? yes do that. I have a citi diamond card with a 100 bonus that came today and plan to do the same thing. Citibank is good for "banking" bt offers to use a little latter.
Author: Polonius
Posted: Fri Mar 31, 2006 1:30 am
Post subject: He should charge $100 to the card and pay it off the same day, then do the transfer. No need to wait for the statement closing date. Just make sure the online balance is 0 when the transfer hits the account.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: maddybeagle
Posted: Fri Mar 31, 2006 7:42 am
Post subject: Citi Dividend American Express Credit Card Review OP, was this in the original offer (for 3 addtional months). I looked at citi's terms on this card and is typical of their other cards to start the clock at the bt: "Balance transfer APR: As long as first balance transfer is completed within 12 months from date of account opening, 0.00% for 12 months from date of first balance transfer."
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
American Express Double Points Credit Card Offer
Author: lauren75 Posted: Tue Apr 04, 2006 5:05 pm Post subject: AMEX double points offer I received an "exclusive invitation" in the mail to earn double points on my AMEX Blue from April through September 30, 2006. Not sure whether it makes sense b/c there is a $10 fee to do so. I rarely use this card, opting to max out the rewards on my Citi and Chase, though it does bring the reward rate up to 2% for the limited amount of time. Did anybody else get this offer and are you going to do it?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Averaging Out Your Credit Score
Author: bullwinkle29
Posted: Mon Apr 03, 2006 6:26 pm
Post subject: how do you find avg credit score? how do i find my avg credit score?? do i just add them up and divide by 3? which is 703, is that correct? Equifax 671 Trans union 696 Experian 742
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: TomfromCT
Posted: Mon Apr 03, 2006 6:32 pm
Post subject: Bully, Average credit score is a meaningles number us credit junkies calculate by adding up the 3 and dividing it by 3.... The mean(or is it median) credit score is the middle of the two. I have heard loan officers say they want to know that middle score... So average for you is 703 and the middle is 696
Author: bullwinkle29
Posted: Mon Apr 03, 2006 6:45 pm
Post subject: Averaging Out Your Credit Score so my credit score are so bad. i should not have any problems getting approved by chase w/those numbers. amex blue approved me last month. they already gave me a credit line increase by $1100. started at 2k, now at 3100. my wife and i have a joint visa through our credit union for $30k. had now for almost a year.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Chase Rewards Plus Credit Card Review
Author: georgee
Posted: Tue Apr 04, 2006 9:47 am
Post subject: Chase Cash Plus or Chase Rewards Plus? I have AMEX Cashback, Chase Cash Plus Visa, and Citi Dividend Mastercard. I spend about $40,000 a year on credit cards. I always max out the Citi Dividend in about six months, and then go to the Cash Plus for the last six months (gas, groceries, and drugstores only on these cards). I was thinking of converting Cash Plus to Rewards Plus because you can earn up to $750 a year in rebates ($600 in cash and $150 in certificates). I don't know if I can max out Citi Dividend and Rewards plus in a year, because I also use AMEX for the 1.5% on "non-everyday spend." Should I stick with Cash plus and my other cards, or should I convert the Cash Plus to Rewards Plus, just because it has a higher annual rebate allowed, even if I don't meet it?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: stevejk
Posted: Tue Apr 04, 2006 10:16 am
Post subject: You can't simply convert the Chase Cash Plus to the Rewards Plus card. I tried that myself. I had to resort to applying for a new card. The question about the AMEX is is it 1.5% flat or is it tiered, i.e., have to spend several thousand dollars to work you way up to the 1.5% level? If it is tiered, the overall rate may not be 1.5%. If it is closer to 1%, then the Rewards Plus may be just as good. Even still, having the one Rewards Plus card would be better than having both the Cash Plus and Citi Dividend and getting the timing correct to switch between the two.
Author: georgee
Posted: Tue Apr 04, 2006 10:25 am
Post subject: You have to get to $6500 on AMEX to get 1.5%. Otherwise it is 1/2 %. I already have the Citibank card. If I get the Rewards Plus from Chase, I would never get to the Citibank Dividend card.
Author: quiznut1
Posted: Tue Apr 04, 2006 10:31 am
Post subject: Re: Chase Cash Plus or Chase Rewards Plus? georgee wrote: I have AMEX Cashback, Chase Cash Plus Visa, and Citi Dividend Mastercard. I spend about $40,000 a year on credit cards. I always max out the Citi Dividend in about six months, and then go to the Cash Plus for the last six months (gas, groceries, and drugstores only on these cards). I was thinking of converting Cash Plus to Rewards Plus because you can earn up to $750 a year in rebates ($600 in cash and $150 in certificates). I don't know if I can max out Citi Dividend and Rewards plus in a year, because I also use AMEX for the 1.5% on "non-everyday spend." Should I stick with Cash plus and my other cards, or should I convert the Cash Plus to Rewards Plus, just because it has a higher annual rebate allowed, even if I don't meet it? I would convert your Chase Cash Plus to Rewards Plus because of the higher limit. It would give you a rebate limit of $900 in cash when all is said and done ($300 on Citi and $600 on Chase). Keep in mind when I called to try to convert programs, that you will lose any points you accumulated with the Chase Cash Plus program, so I would cash out at exactly 5,000 points for a $50 check from Chase, leaving a 0 point balance, then convert to the new program. Also with the Rewards Plus program, to get the full value of points, you will need to redeem 10,000 points for a $100 check. I think it's 3,500 points for $25, and 6,000 for $50. However, 10,000 points = $100 check with Chase Rewards Plus program is the equivalent of 5,000 points = $50 check with Chase Cash Plus program, so it shouldn't be a problem for you. Oh, when you call to convert to the new program, ask them if you can get the 5,000 point bonus under offer code ZFF, which was listed on March 9 in the Fat Wallet forums. Also, for your "non-everyday" spending, why don't you check out the Bank of America Power Rewards Visa? 1 point for every dollar spent Accumulate 50,000 points ($50,000) and redeem for a $1,000 statement credit (the equivalent of 2% cash back on everything) No limit to amount of points you can earn in a year Points don't expire for 5 years (which means you would have to spend at least $10,000 in a year for "non-everyday" spending, which shouldn't be a problem for you). I think this is the best strategy for you to maximize your annual cash back rebates considering your $40,000 annual spending on your credit cards
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Calling a Credit Card Company to Get a 0% Balance Transfer
Author: unemployedandbored
Posted: Wed Mar 22, 2006 10:41 am
Post subject: Can I get a lower fee in a 0% balance transfer by calling? Recently I have recieved quite a few 0% Convenience Checks (Balance Transfer) offers from my existing Credit Card Companies. The Zero percent offers are good for as long as nine months. I get all excited about all the Interest Income (after depositing the checks) I can make during the nine month period UNTIL I SEE THE BALANCE TRANSFER FEE! On one of my credit cards I have $21000.00 in available credit but they wanted me to pay a 3% fee (no maximum) for a balance transfer/Check. The $630.00 fee would wipe out any interest profit I would make from my bank. My question is: would the Credit Card company offer me a better fee arrangement if I called them? Do you have any experiences asking for a better deal? My credit rating is great and I have no balance on any Credit Card right now.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: rapjunkie
Posted: Wed Mar 22, 2006 12:04 pm
Post subject: It's definitely worth a call. You may at least be able to get them to put a cap on the fee - like how most of them cap at $75.
Author: Polonius
Posted: Wed Mar 22, 2006 12:15 pm
Post subject: couldn't hurt to ask It never hurts to call and ask. From what you tell us, you should be able to get other offers from other cards with capped fees or no fees. Why not apply for other cards? Quote: The $630.00 fee would wipe out any interest profit I would make from my bank. For a 9-month 0% offer, you'd still make a little by investing the funds in a savings account at 4.8%, assuming you make minimum payments. Also, remember, it's a bad idea to max out the offer and assume you have a full $21,000 available. (For one thing, the $630.00 fee will put you over your credit limit!). Shoot for using under 90% of your limit at all times; under 50% is better if you can stand to give up the free money...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Ira
Posted: Wed Mar 22, 2006 12:26 pm
Post subject: If you took out a $20,000.00 balance transfer and invested it at 4.8% you would make on average something over $80.00/month in interest. You'd probably end up with something like $975.00 in interest over one year. It will have cost you $630.00 for a net profit of about $345.00. You have to be the judge of whether that's worth it.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Tips on Merging Credit Cards
Author: creditbuilder
Posted: Mon Apr 03, 2006 11:32 am
Post subject: Merging credit cards My oldest credit card is a capital one with no rewards, a low limit, and a high interest rate. I don't want to get rid of the card for scoring reasons, but as it is, the card is useless to me. I asked capital one if they could switch my account to a prestige mastercard, and they said they couldn't do that, I would have to apply for it as a second card. If I did that, and then merged the accounts, how would it show up on my credit report. Would it show as one card with the age of account being the age of the first card; or would I have the first card show as closed and the second card show as recently opened?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: stevejk
Posted: Mon Apr 03, 2006 12:44 pm
Post subject: IMHO, as long as there is no annual fee and no annual fee for inactivity, leave it alone and apply for a better card if you have a high enough score. The advantage of leaving the oldest card alone, using it occasionally just to keep it active, gives you a longer credit history as you get better cards along the way.
Author: beyond platinum
Posted: Tue Apr 04, 2006 1:25 am
Post subject: Re: Merging credit cards creditbuilder wrote: If I did that, and then merged the accounts, how would it show up on my credit report. Would it show as one card with the age of account being the age of the first card; or would I have the first card show as closed and the second card show as recently opened? What you are talking about is reallocating your limits. If you opened the new prestige card, then your old account would close and the limit would transfer to the prestige card. Don't make decisions based solely on your credit score. You also have to take into consideration how much usage you’re going to get out of the card in the future when deciding to close the old card. Also remember that even if you do decide to close the old account, it will still be reported on your credit report
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
What is a Normal FICO Score?
Author: tonymannnj
sPosted: Sat Apr 01, 2006 12:16 am
Post subject: What should my fico score be.... if i want to try instant credit cards apps? Is it 620 and above?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: bullwinkle29
Posted: Sat Apr 01, 2006 1:28 am
Post subject: Re: What should my fico score be.... tonymannnj wrote: if i want to try instant credit cards apps? Is it 620 and above? 680 and higher for decent cards
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Regal Entertainment Credit Card Review
Author: bullwinkle29 Posted: Fri Mar 31, 2006 11:07 pm Post subject: regal entertainment card does anybody have this card? it issued by chase. i dont plan to use it except for going to the movies. you get free movie ticket every 1200 points, but when used at the movie theater, you earn 4 pts p/dollar. Last edited by bullwinkle29 on Fri Mar 31, 2006 11:34 pm; edited 1 time in total
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: nunya
Posted: Fri Mar 31, 2006 11:32 pm
Post subject: so you have to spend $3000 at regal cinemas before they give you ONE free movie ticket?!?!?!?! i don't think i have spent $3000 in an entire decade of watching movies!!!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: nunya
Posted: Sat Apr 01, 2006 12:25 am
Post subject: bullwinkle29 wrote: ooppsss, its 1200 points, i corrected it in my 1st post whew!!! haha, i was wondering if that was a mistake
Author: quiznut1
Posted: Sat Apr 01, 2006 2:19 am
Post subject: Just look at it this way, $3,000 at the typical 1% cash back rate (at the very least) is $30. I think that $30 will buy you more than 1 movie ticket, at least 2, if not 3 or 4. What a deal, eh? Of course it's obvious you should find another card to work for you if you visit the theatre that often.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Answers to Questions About Experian Credit Scoring
Author: JoyJoy
Posted: Sun Apr 02, 2006 4:43 pm
Post subject: From Experian: First time online for consumers questions I found this an interesting site to get credit basics and answers to your questions regarding credit! http://www.experian.com/ask_max/index.html
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Sun Apr 02, 2006 9:44 pm
Post subject: Re: From Experian: First time online for consumers question JoyJoy wrote: I found this an interesting site to get credit basics and answers to your questions regarding credit! http:// www.experian.com/ask_max/index.html This has been around for years as far as I know Re: From Experian: First time online for consumers questions
Author: stilltrying
Posted: Sun Apr 02, 2006 10:02 pm
Post subject: There's an Ask Max section that specifies what is removed when: http://www.experian.com/ask_max/deleting_information.html
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
|
