Author: luckyismydog Posted: Wed Apr 05, 2006 12:24 am Post subject: AMEX Platinum
Does anyone know about the qualifications of getting an AMEX Platinum card? AMEX cancelled one of my cards over ten years ago when I was in college but now I am way on the other end of the spectrum with a credit score that is well over 700.
Author: mouse Posted: Wed Apr 05, 2006 12:59 am Post subject: Re: AMEX Platinum
luckyismydog wrote: Does anyone know about the qualifications of getting an AMEX Platinum card? AMEX cancelled one of my cards over ten years ago when I was in college but now I am way on the other end of the spectrum with a credit score that is well over 700.
None of the 19 AMEX "CREDIT" CARDS work for you?????
Author: herky Posted: Wed Apr 05, 2006 10:12 am Post subject:
Amex has a very long memory, I think. There was another post about this where one poster was able to get an amex after they wrote a letter explaining extenuating circumstances as to why they mis-used their first card, but I think that is the exception rather than the rule.
Author: luckyismydog Posted: Wed Apr 05, 2006 10:32 am Post subject: Amex Platinum Credit Card Review
The benefits of the Platinum card matches my travel and entertainment needs.
Author: english rose Posted: Wed Apr 26, 2006 6:52 am Post subject: Re: AMEX Platinum
check with mouse hes on page 1 of this forum, and his buddy works at amex as a credit analyst, also check amex blacklisted. [quote="luckyismydog"]Does anyone know about the qualifications of getting an AMEX Platinum card? AMEX cancelled one of my cards over ten years ago when I was in college but now I am way on the other end of the spectrum with a credit score that is well over 700.[/quote]
Author: gomirage Posted: Sun Apr 09, 2006 2:43 pm Post subject: No Credit check cards
I have an average score of 680. I want to improve my card and I am planning on openning several secured credit card (with balances 200). Once i get the cards I will automatically stuff them and never use them. All i need is having a 100% availability showing in my reports. Is this a good idea ? Also, I don't want them to do any credit check to avoid damaging my score. What are the cards you thinkg would be the one to go for. I don't want an annual fee either.
Author: fitz75 Posted: Sun Apr 09, 2006 2:53 pm Post subject: Credit Card Lowering Credit By 20 Points
Why are you choosing to go the secured route with a 680 credit score? I was able to get Amex delta sky miles/Amex blue cash, Cap One, Hooters MC, Emigrant Direct MC, WAMU visa with a 640ish credit score. The only lenders I had issues with was Chase, Citi, and Discover.
Author: gomirage Posted: Sun Apr 09, 2006 2:55 pm Post subject:
I don't want a credit check. Last week I was approved for a Citi Pro for $4,000 CL. Yesterday I watched my score drop by 20 points.
Author: mouse Posted: Sun Apr 09, 2006 3:23 pm Post subject:
gomirage wrote: I don't want a credit check. Last week I was approved for a Citi Pro for $4,000 CL. Yesterday I watched my score drop by 20 points.
Must be some other reason for a 20 point drop
Most people get 3--7 point drop
Author: TomfromCT Posted: Sun Apr 09, 2006 3:49 pm Post subject: Credit Card Lowering Credit By 20 Points
I'm not sure why...but....something with this whole story and plan does not add up. _________________ Avg FICO 738
Author: creditbuilder Posted: Sun Apr 09, 2006 5:34 pm Post subject: Credit Card Lowering Credit By 20 Points
You're not going to get a card without a credit check unless it's secured. Your score didn't drop 20 points because of the inquiry, it was because of the new card. It lowers your average age of accounts. I think there is also a penalty for having a new account in the last 6 months.
Author: gomirage Posted: Sun Apr 09, 2006 7:46 pm Post subject: Credit Card Lowering Credit By 20 Points
well, here's what happened. Below my two scores between 2/20/06 and 4/10. Between the reports I reponded to an offer from CITI, got dividend plat $2900. They called me and asked me if I want professional. I said sure !!! Got another card 4,000 CL with no additional inquiry. Then I realized I need more and called them back. They pulled equifax and told me to ask again in six month. I then responed last week to an offer from BOA. Was approved online for 7300. I havent received the card yet but they pulled Transunion. Now here are my score between 2/20 and 3/10. Actually TU drop by 29 and Eq 19. Stange
Author: femlove200 Posted: Sun Apr 23, 2006 6:32 pm Post subject: New Millennium secured credit card, is this real?
http://www.nmbplatinumcards.com/dbplat/index.php?id=h44104860h i'm looking for a good secured credit card to rebuild my credit, i came across New Millennium. They claim to not check your credit, report to all three agencies, and other stuff of that nature. Can you guys check it out and let me know if i should get it. Thanks in advance.
i just found the fine print, its costs a s**t load of $ to get one and no grace period...
Fees and Disclosures
Annual Percentage Rate 19.5% APR
Balance Computation Method Average Daily Balance (including new purchases)
Annual Fee $59 / yr.
Grace Period for Purchases :: None
Minimum Finance Charge $0.50
Fees and Disclosures
Annual Percentage Rate 19.5% APR Balance Computation Method Average Daily Balance (including new purchases) Annual Fee $59 / yr. Grace Period for Purchases None Minimum Finance Charge $0.50 Other fees that apply: Processing fee: $99.95 for one card or $129.95 for both. Late payment and over limit fees are as follows; late: $20 ; over limit: $20. Cash advance fee is 2% of advance (min. $1, max. $20). The processing fee is a finance charge for Truth in Lending purposes. All terms are subject to change as provided in the cardholder agreement.
Author: maddybeagle Posted: Sun Apr 23, 2006 8:28 pm Post subject: Millenium Secured Credit Card Review
Yes, a pretty bad deal. Somebody was on the board recently trying to push this ridiculous card....
Author: beyond platinum Posted: Tue Apr 25, 2006 11:42 am Post subject: Credit Cards That Give Rewards For Car Rentals
The Citgo Celebrity card gives 5% back at car rental agencies but it's not a traditional credit card. Here is my post on this card:
Citgo Celebrity Card _________________ "Believe not everything, but only what is approved: the former is foolish, the latter the act of a sensible man." --Democritus
Author: XeroK00L Posted: Tue Apr 25, 2006 12:02 pm Post subject: Credit Cards That Give Rewards For Car Rentals
Advanta does, though it's technically for business purposes only.
Author: bullet875 Posted: Tue Apr 25, 2006 12:38 pm Post subject: Credit Cards That Give Rewards For Car Rentals
But, if I hand out a few business cards on vacation, then doesn't that technically make my trip a business trip?
late payment fee is only $10 (just in case) vs. ochard which is $75
16.9 % Fixed APR* No Application or Processing Fee
Worldwide acceptance at millions of locations, including instant cash at ATMs
Conveniences such as check cashing, everyday purchases, medical emergencies, catalog and mail sales, reservations and payment for car rentals, hotels and other travel related services.
Quick turnaround. Receive your VISA within 2 weeks if you send a cashier's check or money order with a completed and signed application.
You set your credit limit. Deposit $500 dollars and receive a $500 credit limit.
Continue to increase your credit limit simply by sending additional deposits of $100 or more.
Establish a Savings Plan. Every dollar deposited will be placed into an FDIC-insured Savings Account, earning interest at the rate then in effect. The current annual percentage yield (APY) on the Savings Account is 0.10%. Additional deposits will also earn interest.
Account history reported to all three major credit bureaus so you can work to establish a good credit history.
Author: femlove200 Posted: Mon Apr 24, 2006 8:21 pm Post subject: credit cards or secured credit cards?
hi, i'm looking for a good secured credit card (or one that i won't be rejected from) to rebuild my credit. can you post credit cards that you think i can apply for without getting rejected. thanks in advance.
Author: TomfromCT Posted: Mon Apr 24, 2006 8:25 pm Post subject: Secured and Unsecured Credit Card Reviews
orchard or maybe cap 1
both wil get you started on secred cards that can graduate to unsecured cards.
Cap 1 worked well for me and the terms werent all that bad.
edited to add:
Your scores are not all that horrible. resist the urge to get more than one sub prime card. Just pick one - pay on time perfeectly. in about a year/maybe less get a store card. I;m sure not long after that you can be close to qualifying for a prime card. The key is - no mistakes. I m at 56 months and you can be there too before long!
Author: tanya Posted: Mon Apr 24, 2006 4:41 pm Post subject: Capital One Mileage Card
I wanted to share my Capital One experiences with all of you. We have their mileage card, had it for years. The conditions were that you can get on mile for every dollar you spent, up to $10k/month. You then can purchase an airline ticket and get reimbursed with the formula equivalent to an 1 1/4% rebate. So, for instance, you used to have to spend $50,000 to get 500 miles and could purchase a $625-ticket with these miles. They have now changed it (and never cared to inform us) to where you need to spend much more to get the same ticket. And it is now on a sliding scale. In addition, they are very uncooperative and don't allow you credit line increases. Possibly, they don't like us because we are so called "dead beats", we pay our card off every month. Think twice before getting this card.
Author: TomfromCT Posted: Mon Apr 24, 2006 4:46 pm Post subject: Capital One Mileage Credit Card Review
Cap 1 and their CL increases (or lack there of ) is legendary around here.
Certainly, as far as prime cards go, I am sure you could find a better deal than the Cap 1 Mileage card.
That being said, the agreements on any card say they can change the rewards/ card benefits at any time. Cap 1 isn't the only CC comp that has done this to the chagrin of many a poster here.
Author: bullet875 Posted: Thu Apr 20, 2006 11:18 pm Post subject: Is there such a thing as too many credit cards?
think at this point I have 20 cards including 3 store cards. I have every card that I woud want right now, but in the future, when our Lowe's sotre opens I'd like to get a Lowe's project card.
I have about 2% utilization total on the 20 cards (spread out amonst 4-5 cards). Most of these cards will be filed away for use maybe once a year as they are very specialized (hotel card, reward card for car rental, etc).
Will having this many cards stop me from getting one more? Or will it show that I am financially responsible?
Author: mouse Posted: Fri Apr 21, 2006 12:44 am Post subject: Re: Is there such a thing as too many credit cards?
Quote: "bullet875"] I think at this point I have 20 cards including 3 store cards. I have every card that I woud want right now, but in the future, when our Lowe's sotre opens I'd like to get a Lowe's project card.
I have about 2% utilization total on the 20 cards (spread out amonst 4-5 cards). Most of these cards will be filed away for use maybe once a year as they are very specialized (hotel card, reward card for car rental, etc).
Will having this many cards stop me from getting one more? Or will it show that I am financially responsible?
You may get "EXCESSIVE AVAILABLE CREDIT LIMITS" for a denial reason
I just move on to another company that wants my business
It has been YEARS since I had that FEW
But I am in the process working on having less cards with higher credit limits
Author: TomfromCT Posted: Fri Apr 21, 2006 4:58 am Post subject: Can a Person Have Too Many Credit Cards?
Bull,
How many is too many is a great question.
First...How long is your credit history?
If its 10 years you have too many.
If its 20-25 yrs, you're probably OK.
Be prepared for the too much credit avaliable rejection that squeak mentions.
You utilization is good UNLESS that % represents a large dollar amoount that is too high compared to your aassets/income.
Personally, I do not think i would want to manage 20 cards.
Author: mouse Posted: Sun Apr 09, 2006 3:17 pm Post subject: Re: Discover - 0% APR on Balance Transfer for Life
lowloan wrote: I just recived a mail offer from Discover
0% APR for life, on Balance transfers.
Has any one tried this and what is the feedback.
Look at the fine print
One or two purchases required every month
It could be like $1.00 or even $0.32 but 100% of these purchases will accrue interest (NOT AT 0.00%--more like 16%--21%)
100% guarantee you will have a MINIMUM FINANCE CHARGE like $1.00 or $2.00
Author: mouse Posted: Sun Apr 09, 2006 3:21 pm Post subject:
Not saying it won't work for YOU
I'm not gonna' do it
0.99% or 1.99% (NO FEE) for life would be better for me
But they think 7.99% + $50.00 fee is good for me
SURE IT IS...
NOT!!!!!!
It is at $0.00 and has been for a while
Author: maddybeagle Posted: Mon Apr 10, 2006 8:28 am Post subject: 0% APR on Balance Transfer for Life
I have seen 2 variations....one where you have to put a min. of 50 bucks on it a month..which I would pass on. The 2 purchases for 1 buck a pop probably is ok if you can keep track and have a large enough credit limit to make it worth your time.
I had a credit card with Amazon.com. Owed by Chase Bank. My credit limit was $9500.- and the Rate 16.74% My debt was in February $4400.- In the same month I paid $ 2486. March Balance was 2287.- I paid $287.- This month I received a notice that my Annual % rate from 16.74% was increase to 26.74% I called and asked the reason for it. I was told because my balance was too high. My credit score is 775. I dont understand why the percentage rate was not raised when the balance was $4400.-? The ratio of debt to credit limit in April is 50% less than it was in February. Any one has any explanation?
Call again and ask for a specific reason. Ask to speak with a credit analyst. If this was a raise directed against you personally (and not something done for everyone with that kind of credit card), Chase has to tell you the reason in writing and tell you what bureau was used to pull your credit. You're entitled to a free report from that bureau.
There are a lot of possibilities. One is that it was simply time for an annual review. Another is that there are errorsi in your credit report. A third possibility is that you're leaving something out--were you late in making those payments or have you been late with other Chase cards?
Or it's simply a bonehead move at random for no sensible reason. That happens.
One thing is for sure--the reason you were given is bogus. You feel that way--and I agree with you.
Author: Alexis Rios Posted: Sat Apr 22, 2006 12:33 pm Post subject: Re: Annual % Increase
[quote="Fehercica"]I had a credit card with Amazon.com. Owed by Chase Bank. My credit limit was $9500.- and the Rate 16.74% My debt was in February $4400.- In the same month I paid $ 2486. March Balance was 2287.- I paid $287.- This month I received a notice that my Annual % rate from 16.74% was increase to 26.74% I called and asked the reason for it. I was told because my balance was too high. My credit score is 775. I dont understand why the percentage rate was not raised when the balance was $4400.-? The ratio of debt to credit limit in April is 50% less than it was in February. Any one has any explanation?[/quote]
You should review your credit reports just in case if you have other credit cards with balance. If this account is the only one w/balance call to the credit dept. for a reconsideration.
Author: fenster Posted: Sat Apr 22, 2006 1:42 pm Post subject: Annual Percentage Increase on Credit Card
What you describe happened to a big percentage of Amazon cardholders amidst the Chase takeover. The good news is it’s nothing you can’t fix, it happened to me.
You’ve to call Amazon Chase and complain, they’ll connect you to a very rude person in a so called “underwriting” section. They’ll give you a lame high utilization reason for the hike. And you’ll tell them you’re having none of that big, steamy pile of poo.
Then they’ll ask to pull a report, don’t worry, it’ll be soft. And if your counterargument is reflected in your report, they’ll ask you to wait 2 billing cycles before your rate is back to where it was. I waited two billing cycles too, but luckily my balance was close to 0.
One more thing, here's a trick they play: they'll say "but sir you have ~ $30000 in outstanding debt." You've to counter, yes, but that's only 15 or 20% of my overall available.
Author: DavidPalmer Posted: Mon Feb 13, 2006 5:23 pm Post subject: Citi Bronze Advantage Mastercard
ok, I just got this card offer from citi, where after your first purchase you get 2500 bonus miles. My question is what how exactly does this travel thing work. For every $2 I spend on certain purchases I'll get 1AAdvantage mile, and this is suppose to add up to a travel award. Can someone explain to me exactly how this works. My APR will be 0 % until Aug, when it then goes to 12.24. I couldn't find it on their website, so if anyone could give me a heads up
Author: AJK1535 Posted: Tue Feb 21, 2006 9:28 pm Post subject: CITI
David,
You should try to apply for a better card like the Citi Dividend. It gives you cash back on your purchases and up to 5 percent on Supermarkets, Gas Stations, Drug Stores, etc.
If you got the AAdvantage card, you would have to spend 50k dollars to get a free domestic round trip. That's a long time.
Author: Board Monitor Posted: Wed Feb 22, 2006 10:29 am Post subject:
2500 is not many bonus miles on an airline reward card. What is the annual fee? _________________ Regards, Curtis Arnold Board Monitor http://www.CardRatings.com 20K+ Credit Card Reviews
Author: moniqueclaire Posted: Fri Apr 21, 2006 1:22 am Post subject: Citibank Bronze Advantage Credit Card
As far as I understand it, there is no annual fee.
According to CardTrak, in April, May, and June, you can get 5% cash back on purchases of gas, auto parts and services.
For those of us with the Discover Restaurant card that expires in July, for July, August, and September, you can get 5% cash back on apparel, supplies and education expenses.
To round out the year, you can get 5% cash back on holiday shopping items such as music and books.
I guess the gasoline and auto service for the summer vacation driving season, then clothing and school supplies in time to go back to school, and gifts for the winter holiday season.
