Washington Mutual Credit Card for Poor Credit Consumers?
Guest: creditnewbie
Credit Expert (100+ Posts)
Post subject: Washington Mutual Credit Card for Poor Credit Consumers?
Posted: Sat Jun 10, 2006 8:08 pm
Guys, I don't want to burst your bubble, but Washington Mutual customers tend to have very low income. They open accounts because they are free. EVERY single check that was given to me in my store that bounced was from a Washington Mutual due to NSF. So when customers pull out a WaMu debit or credit cards, I know they either have no money or they have bad credit. I get surprised if the transaction doesn't decline. They always decline if the charge is large which meant their limits were too low. I'm in south florida and the WaMu customers I had lived in low income zip codes, so I don't know if my observation applies to people in other regions. For me, the name WaMu is a turn off.
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Guest: Brammy
Posted: Sat Jun 10, 2006 9:45 pm
Actually with 0% Bt for one year and a lower rate than CITI I don't see what the banks customer has to do with the card. We are not discussing free checking here. Wachovia also has free checking and it doesn't matter to me if every other customer they have are bouncing checks all over town. I only care that I no longer pay 8 dollars a month to access my own money. That's 96 dollars a year for nothing.
What makes you assume that people who have WaMu credit cards have bad credit. That's a generalized assumption based on a limited area. I deal with people who have credit cards all over the country and see people with Discover and Amex declined constantly for a 20 plus dollar purchase and continue to pull card numbers out of the air one decline after another. Maybe its just YOUR area.
I don't think its fair to cast disparagements on a bank or a group of people based on limited experience. Besides, what do the customers have to do with the bank service?
BTW, the last time someone had to call in on a transaction I made was because I charged more than was normal for my card usage.
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Guest: Brammy
Posted: Sat Jun 10, 2006 9:51 pm
[quote="jojo"]Brammy:what is ur Wamu card's credit limit? [/quote]
Not nearly as much as leezee's. I got 2500 but that's great considering i filed BK 5 yrs ago. No credit cards involved in that BK though nor personal loans so maybe that's why my scores were still low 600s after filing.
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Guest: jlrdc909
Credit Expert (100+ Posts)
Posted: Mon Jun 12, 2006 6:58 am
I have a WAMU Mastercard, this was bought out from Providian, I had the card since 1999. At the time I took the card out, my credit was fine, I received a mailing for the platinum card. My current limit is $16500.00, however the interest is not that great, but I always PIF each month.
With Providian, I got an increase of nearly $2000-$4000.00 a year, since WAMU has taken over, I have not received any increase, but I dont spend that much on it anyways.
Customer Service I cant rate, as I never call them for anything.
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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Jun 12, 2006 10:13 am
Quote:
"creditnewbie"
Guys, I don't want to burst your bubble, but Washington Mutual customers tend to have very low income. They open accounts because they are free. EVERY single check that was given to me in my store that bounced was from a Washington Mutual due to NSF. So when customers pull out a WaMu debit or credit cards, I know they either have no money or they have bad credit. I get surprised if the transaction doesn't decline. They always decline if the charge is large which meant their limits were too low. I'm in south florida and the WaMu customers I had lived in low income zip codes, so I don't know if my observation applies to people in other regions. For me, the name WaMu is a turn off.
NOT ALWAYS!!!
MOM & DAD had HOME SAVINGS & AMERICAN SAVINGS that were bought AHMANSON
AHMANSON WAS BOUGHT BY WASHINGTON MUTUAL
CALIFORNIA $500,000+ HOUSE IS POOR???
(well not a MILLION DOLLARS+++...but we are not eating dog food either)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Board Monitor
Board Monitor/ Administrator
Posted: Mon Jun 12, 2006 3:58 pm
Quote:
(well not a MILLION DOLLARS+++...but we are not eating dog food either)
Lol! You could probably afford high end cat food (Fancy Feast or something)!
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Jun 12, 2006 4:48 pm
I do have to eat McDONALDS value menu items for HOUSE #2
Not worth as much
But I have made $150,000+ by doing next to nothing to 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 Expert (100+ Posts)
Post subject: Washington Mutual Credit Card for Poor Credit Consumers?
Posted: Sat Jun 10, 2006 8:08 pm
Guys, I don't want to burst your bubble, but Washington Mutual customers tend to have very low income. They open accounts because they are free. EVERY single check that was given to me in my store that bounced was from a Washington Mutual due to NSF. So when customers pull out a WaMu debit or credit cards, I know they either have no money or they have bad credit. I get surprised if the transaction doesn't decline. They always decline if the charge is large which meant their limits were too low. I'm in south florida and the WaMu customers I had lived in low income zip codes, so I don't know if my observation applies to people in other regions. For me, the name WaMu is a turn off.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Brammy
Posted: Sat Jun 10, 2006 9:45 pm
Actually with 0% Bt for one year and a lower rate than CITI I don't see what the banks customer has to do with the card. We are not discussing free checking here. Wachovia also has free checking and it doesn't matter to me if every other customer they have are bouncing checks all over town. I only care that I no longer pay 8 dollars a month to access my own money. That's 96 dollars a year for nothing.
What makes you assume that people who have WaMu credit cards have bad credit. That's a generalized assumption based on a limited area. I deal with people who have credit cards all over the country and see people with Discover and Amex declined constantly for a 20 plus dollar purchase and continue to pull card numbers out of the air one decline after another. Maybe its just YOUR area.
I don't think its fair to cast disparagements on a bank or a group of people based on limited experience. Besides, what do the customers have to do with the bank service?
BTW, the last time someone had to call in on a transaction I made was because I charged more than was normal for my card usage.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Brammy
Posted: Sat Jun 10, 2006 9:51 pm
[quote="jojo"]Brammy:what is ur Wamu card's credit limit? [/quote]
Not nearly as much as leezee's. I got 2500 but that's great considering i filed BK 5 yrs ago. No credit cards involved in that BK though nor personal loans so maybe that's why my scores were still low 600s after filing.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: jlrdc909
Credit Expert (100+ Posts)
Posted: Mon Jun 12, 2006 6:58 am
I have a WAMU Mastercard, this was bought out from Providian, I had the card since 1999. At the time I took the card out, my credit was fine, I received a mailing for the platinum card. My current limit is $16500.00, however the interest is not that great, but I always PIF each month.
With Providian, I got an increase of nearly $2000-$4000.00 a year, since WAMU has taken over, I have not received any increase, but I dont spend that much on it anyways.
Customer Service I cant rate, as I never call them for anything.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Jun 12, 2006 10:13 am
Quote:
"creditnewbie"
Guys, I don't want to burst your bubble, but Washington Mutual customers tend to have very low income. They open accounts because they are free. EVERY single check that was given to me in my store that bounced was from a Washington Mutual due to NSF. So when customers pull out a WaMu debit or credit cards, I know they either have no money or they have bad credit. I get surprised if the transaction doesn't decline. They always decline if the charge is large which meant their limits were too low. I'm in south florida and the WaMu customers I had lived in low income zip codes, so I don't know if my observation applies to people in other regions. For me, the name WaMu is a turn off.
NOT ALWAYS!!!
MOM & DAD had HOME SAVINGS & AMERICAN SAVINGS that were bought AHMANSON
AHMANSON WAS BOUGHT BY WASHINGTON MUTUAL
CALIFORNIA $500,000+ HOUSE IS POOR???
(well not a MILLION DOLLARS+++...but we are not eating dog food either)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Board Monitor
Board Monitor/ Administrator
Posted: Mon Jun 12, 2006 3:58 pm
Quote:
(well not a MILLION DOLLARS+++...but we are not eating dog food either)
Lol! You could probably afford high end cat food (Fancy Feast or something)!
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Jun 12, 2006 4:48 pm
I do have to eat McDONALDS value menu items for HOUSE #2
Not worth as much
But I have made $150,000+ by doing next to nothing to it
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 11:28 AM
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