List of Prime and Sub-Prime Credit Cards
Author: jlrdc909
Posted: Fri Oct 21, 2005 12:17 pm
Post subject: Prime/Sub-Prime
Does anyone have a list of Prime vs. Subprime banks.
I know that First Premier/Cross Country are Subprime
Capital One: Both
But are there any banks that only cater to pristine credit?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Daniel
Posted: Fri Oct 21, 2005 7:11 pm
Post subject: Re: Prime/Sub-Prime
jlrdc909 wrote:
Does anyone have a list of Prime vs. Subprime banks.
I know that First Premier/Cross Country are Subprime
Capital One: Both
But are there any banks that only cater to pristine credit?
Clearly some issue sub prime only like the CCB card but more often there is always going to be some that issue sub prime as well as prime cards.
There is rarely clear distinction.
Cap1 for example offers some prime products but have a plethora of sub prime cards.
Chase also issues sub prime cards but the majority of their portfolio would be prime.
Bank of America is pretty picky they offer a sub prime secured card but other than that it’s pretty much prime.
I guess it comes down to what you consider prime versus sub prime.
For me prime equals low APR, high credit lines, outstanding service, rewards, frequent low rate balance transfer offers where sub prime would have the opposite.
If you have good credit and assets and want the best terms, in general stick with the large issuers or credit unions if you get less than their best rate demand beter terms or take your business elsewhere.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Fri Oct 21, 2005 12:17 pm
Post subject: Prime/Sub-Prime
Does anyone have a list of Prime vs. Subprime banks.
I know that First Premier/Cross Country are Subprime
Capital One: Both
But are there any banks that only cater to pristine credit?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Daniel
Posted: Fri Oct 21, 2005 7:11 pm
Post subject: Re: Prime/Sub-Prime
jlrdc909 wrote:
Does anyone have a list of Prime vs. Subprime banks.
I know that First Premier/Cross Country are Subprime
Capital One: Both
But are there any banks that only cater to pristine credit?
Clearly some issue sub prime only like the CCB card but more often there is always going to be some that issue sub prime as well as prime cards.
There is rarely clear distinction.
Cap1 for example offers some prime products but have a plethora of sub prime cards.
Chase also issues sub prime cards but the majority of their portfolio would be prime.
Bank of America is pretty picky they offer a sub prime secured card but other than that it’s pretty much prime.
I guess it comes down to what you consider prime versus sub prime.
For me prime equals low APR, high credit lines, outstanding service, rewards, frequent low rate balance transfer offers where sub prime would have the opposite.
If you have good credit and assets and want the best terms, in general stick with the large issuers or credit unions if you get less than their best rate demand beter terms or take your business elsewhere.
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 7:46 PM
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