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AmEx Blue Credit Card Offer
Guest: chrys Post subject: AmEx Blue Credit Card OfferPosted: Tue Jan 16, 2007 10:05 am I really would like to be offered this card. Some questions: 1. Does American Express offer BT checks with this card? 2. If so, what's the fee? 3. I'm waiting for offer in the mail rather than doing a cold request. My FICO is about 745. Is that good enough? I have about 9 inquiries within the last 2 years which I know if high but I can't do anything about that. My utilization rates on 4 of my active cards is under 30% for each one with an overall utilization rate under 20%. The BT would be used to pay down an auto loan.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Tue Jan 16, 2007 10:17 am chrys wrote: I really would like to be offered this card. Some questions: 1. Does American Express offer BT checks with this card? 2. If so, what's the fee? 3. I'm waiting for offer in the mail rather than doing a cold request. My FICO is about 745. Is that good enough? I have about 9 inquiries within the last 2 years which I know if high but I can't do anything about that. My utilization rates on 4 of my active cards is under 30% for each one with an overall utilization rate under 20%. The BT would be used to pay down an auto loan. WHAT BLUE??? CASH??? NO CASH??? THEY HAVE ON-LINE BT's Some have a fee some don't ($75 or $0) You have to look at YOUR SPECIFIC OFFER Even "IF" they tell you $75...you can call and get that waived You can also sometimes get a lower BT rate on the phone
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Guest: chrys Posted: Tue Jan 16, 2007 10:27 am The non-cash one which I believe is called Blue by American Express. It has a longer period of 0% (15 months).
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Guest: angelo21 Posted: Tue Jan 16, 2007 3:40 pm chrys wrote: I really would like to be offered this card. Some questions: 1. Does American Express offer BT checks with this card? 2. If so, what's the fee? 3. I'm waiting for offer in the mail rather than doing a cold request. My FICO is about 745. Is that good enough? I have about 9 inquiries within the last 2 years which I know if high but I can't do anything about that. My utilization rates on 4 of my active cards is under 30% for each one with an overall utilization rate under 20%. The BT would be used to pay down an auto loan. With a score of 745 your in great shape. Amex allows a free BT if requested upon solicitation. After that it's $5.00 or 3%, whatever is higher. It has no cap. The duration (6, 13 or 15 months) will be determined by them at the time of your application based on your data. If something is good it is that you don't have an annual fee.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Tue Jan 16, 2007 8:33 pm chrys wrote: The non-cash one which I believe is called Blue by American Express. It has a longer period of 0% (15 months). 15 months MAY be purchases only Read all the fine print carefully
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CitiBank Premier Pass Credit Card
Guest: Chazmanian Credit Expert (100+ Posts) Post subject: CitiBank Premier Pass Credit CardPosted: Wed Jan 17, 2007 12:21 am After disputing the lack of any high limit reporting by the PP card with both EQ and EX, I have decided to get while the gettins' good. Whilst on the horn today with the Citi-CSR wondering why in the heck my never used sock drawered Simplicity non-prime card has a 4 point better rate than the so called prestigious Premier Pass World card... I asked what other product they could replace the PP card with. The Rep told me that with my current limit the PP card could indeed be switched into one of literally 400 different products? Turned that PP card into a Citi-Bank Diamond Prefered Amex without even batting an eye.Funny thing with Citi-Bank...It still has that ridiculus 14.24% Rate and they wanted to pull a hard to give me any more limit over what the derned PP card had. I went ahead and switched it as the PP card will never ever come out of the drawer for fear I'll and up with a card thats reported as Maxed out if I buy a Soda with it. I just need more Schoolin' on how to negotiate rates better. _________________ When I was just a baby, my mama told me, "Son, Always be a good boy; don't ever play with guns."
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Wed Jan 17, 2007 12:27 am After month eleven at 0.00% I closed PP and moved the credit limit to PS & AA NO CREDIT LIMIT & NO HIGH BALANCE IS NOT GOOD At least CAPITAL ONE reports the "HIGH BALANCE"
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Guest: Chazmanian Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 12:33 am mouse wrote: After month eleven at 0.00% I closed PP and moved the credit limit to PS & AA NO CREDIT LIMIT & NO HIGH BALANCE IS NOT GOOD At least CAPITAL ONE reports the "HIGH BALANCE" Yeah thanks again Mouse, I never paid it much mind til you posted the 100% Maxed 100% of the time post.... I really had no need to close it so I just picked out something that would look better in my sock drawer and report a derned limit....I actually moved half of its limit over to the non-prime Simplicity card with the 10% Rate? Both are at zero balance so.....
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American Express Blue as Primary Credit Card
Guest: georgee Post subject: American Express Blue as Primary Credit CardPosted: Tue Jan 16, 2007 12:15 pm Curtis: You had previously mentioned that AMEX Blue is your main (primary) card. Do you use a 5% 'filler' card of any type to get 5% on EDP (instead of 1% with AMEX) until you reach the $6500 AMEX Blue tier ? Or do you just charge on AMEX, even under the $6500 tier, on the strategy that you will reach the $6500 tier (and the 5% EDP and 1.5% non-EDP faster? I am trying to decide whether to product-trade my BP Visa (2% dining) fro the Chase Freedom card (3% groceries, gas) to have such a 'filler' card. Your thoughts /strategy would be appreciated.
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Guest: LustfortheMoment Posted: Tue Jan 16, 2007 4:31 pm I can speak for myself. I concur with your strategy. At the beginning of each AMEX Blue anniversary year, I charge all of my EDP to a 5% card (either HSBC or Chase) and use my AMEX only for non-EDP until reaching the $6500 tier. I then use AMEX exclusively except in those few stores where it's not accepted. Since HSBC and Chase are no longer offering a 5% card, I think that Chase Freedom makes sense as a "filler". Good Luck.
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Guest: georgee Posted: Wed Jan 17, 2007 9:56 am Dear Lustforthe moment: Now that we have established AMEX cashback as primary and Chase Freedom as filler and backup to AMEX. . . For a third card, a sort of backup to the backup,and to be used once the monthly $18 EDP limit on Freedom is reached (while I am using Freedom for EDP until I hit the $6500 AMEX tier), would a 'short-term rebate card like Shell MC (5%) or ExxonMobil MC (3%) be ok? I do not want to get into a long-term cumilative rebate program on a third card. I guess instant rewards are the best in that case, since the card would get very limited usage. What do you think, for a third card ?? I already have Shell and ExxonMobil.
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Want to Apply for New Credit Card Accounts
Guest: Minerva Post subject: Want to Apply for New Credit Card Accounts Posted: Wed Jan 17, 2007 9:26 am Post subject: Credit Cards or Line of Credit -------------------------------------------------------------------------------- Hello all, I got a pre approve application for a line of credit with a stated amount of credit. Want to do a apporama and the last time I got a new card was over ten months ago. I need the credit because I'm going to buy some big ticket home appliances. I'm wondering which action I should take that would give me the best chance to get approved. Do the apporama first and then try for the line of credit; or go for the line of credit first. What are your thoughts on this? Thank you. Minerva
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Guest: QikPass Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 9:32 am Depends on what you "WANT" the most. If you want/feel you need the LOC more, then do that first, then go for the cc's your interested in. Strategy for this is that as your inquiries add up, lenders may balk at issuing more credit, so hit those you are interested in the most first, then aor away to your hearts content. _________________ Fortune Favors The Bold...
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Guest: angelo21 Posted: Wed Jan 17, 2007 10:22 am You need to do what you believe is your best interest based on your situation. "Pre-approved" solicitations are always better than hard/cold pulls. Someone (or some thing) has taken the time to pull your data and determined your worthiness. Obviously, you have a greater opportunity of being approved on a preapp applicatiion provided there are no surprises when they pull your report.
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Beware of Confusing Credit Card Cash Advance Check for Balance Transfer Offer
Guest: fenster Credit Expert (100+ Posts) Post subject: Beware of Confusing Credit Card Cash Advance Check for Balance Transfer Offer Posted: Wed Jan 17, 2007 7:53 am I can pick that puny, civilian lock a yours in less than 60 seconds and flash your dirty laundry all over this board. Then again, I won't do it, cuz after all, mouse is a valuable member of our credit community. The long and short of it, them itsy bitsy locks aren't the answer. _________________ beware of everything
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 8:00 am Ri wrote: Hey now I got a question about these checks. I have a wamu card that I only keep in order to get the credit score. I hardly ever use the thing but they keep sending me those checks. Now the paper says a cash advance fee will apply and an apr of 2.9 for like ten months will be applied. What if I make the check out to somone else? Like those bills that do not accepte credit cards? is that possible and would it still be considered a cash advance? Still a cash advance. But keep paying attention to what they say, though. I had some Dillard's AMEX checks arrive in the mail and they said they were BT checks. They also added that the classification as BT checks and not cash advance checks would only be a one-time deal and should not be considered the status quo. I still didn't use the checks because their BT fee would have applied, and I didn't feel like calling them to see if they'd waive it, either.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Wed Jan 17, 2007 8:06 am fenster wrote: I can pick that puny, civilian lock a yours in less than 60 seconds and flash your dirty laundry all over this board. Then again, I won't do it, cuz after all, mouse is a valuable member of our credit community. The long and short of it, them itsy bitsy locks aren't the answer. Hint--->battery power drill 60 SECONDS IS TOO LONG BUT watch out for the US POST OFFICE SECURITY They carry GUNS
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Guest: angelo21 Posted: Wed Jan 17, 2007 10:36 am Ri wrote: Hey now I got a question about these checks. I have a wamu card that I only keep in order to get the credit score. I hardly ever use the thing but they keep sending me those checks. Now the paper says a cash advance fee will apply and an apr of 2.9 for like ten months will be applied. What if I make the check out to somone else? Like those bills that do not accepte credit cards? is that possible and would it still be considered a cash advance? You issue the checks as if they were personal checks. But beware! Make sure you read correctly. The offers I've seen that say it will be treated as a cash advance carry the cash advance APR. This is something like 22%+ not 2.9%. Also, check what the cash advance service charge is. Not having WaMu, I don't know.
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Guest: Verne SENIOR MEMBER (Member for 2 yrs.+) Posted: Wed Jan 17, 2007 10:50 am I do all my banking and make credit card payments online from my credit union but I'm also set up to pay at the credit card sites in case my CU site is down. This service is free at both ends. Gradually, I've gone paperless with several bills and about half my credit cards. I agree with Polonius that paperless is mostly for the bank's benefit but I also agree with Fenster's security concerns. Mail is stolen all the time on route and at the curb. In our small town, one of the mail carriers filled his house with stuff he bought using other people's credit cards and convenience checks from the mail he stole. He got away with this for years. (he only did one year in prison, later sued the police for all the ill-gotten loot they had confiscated, got it back, and now lives the high life) In some areas, mail trucks are robbed daily. And mail is lost. So far I've been able to find all BT offers, change in terms, and the details about my account online. But I wouldn't recommend paperless for anyone with a large unmovable debt and vulnerable to a sudden change in terms. You don't want to miss that notice - even if it is hidden amongst all the junk inserts in your mailed statement. Verne _________________ Any agreement that can be changed at any time, for any reason, is no agreement at all.
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WAMU Credit Card Cash Advance Fee?
Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Post subject: WAMU Credit Card Cash Advance Fee?Posted: Tue Jan 16, 2007 9:23 pm ViCyniC wrote: mouse wrote: You save them POSTAGE You save them PAPER You save them PROCESSING COSTS YOU GET WHAT FOR THAT??? CITIBANK WILL GIVE YOU A WHOLE $5 BIG WOOP Many other banks tell you they will do it for FREE AS IF SOME FOOL WOULD PAY FOR THAT SERVICE I couldn't care less about how paperless benefits them. It's simply a convenience for me. Plain and simple. WHAT EVER FLOATS YOUR BOAT or sinks it
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Guest: Ri Posted: Wed Jan 17, 2007 4:42 am Hey now I got a question about these checks. I have a wamu card that I only keep in order to get the credit score. I hardly ever use the thing but they keep sending me those checks. Now the paper says a cash advance fee will apply and an apr of 2.9 for like ten months will be applied. What if I make the check out to somone else? Like those bills that do not accepte credit cards? is that possible and would it still be considered a cash advance?
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Guest: fenster Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 7:18 am If your mail box isn’t secured and can be accessed easily, paper statements reveal a lot about you. For example, your first mistress will discover that she’s being slighted by your second mistress in terms of gifts purchased by you to both mistresses. Or your wife will suddenly discover your subscirption to Hustler Magazine is pre-paid for the next 6 years. You know, things like that paper statements can cause you. On the other hand, with online statements, the intruder needs more than access to a mere unsecured mailbox, he’ll need intrusion into your house and your computer, then passwords to access your info. If you don’t care whether foes or friends can have access to your mail box, then you don’t value your privacy and you can’t afford a mistress. _________________ beware of everything
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Wed Jan 17, 2007 7:45 am fenster wrote: If your mail box isn’t secured and can be accessed easily, paper statements reveal a lot about you. For example, your first mistress will discover that she’s being slighted by your second mistress in terms of gifts purchased by you to both mistresses. Or your wife will suddenly discover your subscirption to Hustler Magazine is pre-paid for the next 6 years. You know, things like that paper statements can cause you. On the other hand, with online statements, the intruder needs more than access to a mere unsecured mailbox, he’ll need intrusion into your house and your computer, then passwords to access your info. If you don’t care whether foes or friends can have access to your mail box, then you don’t value your privacy and you can’t afford a mistress. MAILBOX HAS A LOCK
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Online Credit Card Transactions Free?
Guest: ViCyniC Post subject: Online Credit Card Transactions Free?Posted: Tue Jan 16, 2007 9:04 pm mouse wrote: ViCyniC wrote: mouse wrote: ViCyniC wrote: There's no need for paper. It's redundant. Your statement is ILLOGICAL Not really. I get my statements online. Don't need to get it again on paper. Besides, I read it once and never look at it again. Wait till you miss some important item on that ON-LINE STATEMENT or THEY JUST FORGET TO INCLUDE IT (AS IN A CHANGE IN TERMS) I'll take my chances for the time being, since it's still a convenience to me. If and when I start hearing a lot of horror stories about going paperless, I'll reconsider about going back.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Tue Jan 16, 2007 9:09 pm You save them POSTAGE You save them PAPER You save them PROCESSING COSTS YOU GET WHAT FOR THAT??? CITIBANK WILL GIVE YOU A WHOLE $5 BIG WOOP Many other banks tell you they will do it for FREE AS IF SOME FOOL WOULD PAY FOR THAT SERVICE
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Guest: angelo21 Posted: Tue Jan 16, 2007 9:10 pm JaneiR36 wrote: Okay, I'm signed up for Cap One, Discover, Chase, & Citi. I have a Dillard's Amex & JCPenney store card that I'm going to keep getting paper statements for a while just till I've had their cards for a little longer. I had guests over this weekend and it was certainly freeing to throw out a bunch of those old statements, many of which just were never opened! Chase keeping statements online for 6 years certainly sweetens the deal, I can't imagine needing to look back much further! Citi will give me $5 on each account after I've been paperless for four months... haha, I guess they were getting ripped off by people signing up and cancelling right away. All around, this should declutter my home quite a bit, thanks all for answering my questions and all the insightful information! Well, there's one thing I couldn't figure out, though. On that yodlee website, do I have to be signed up for one of their money accounts to use it? Or can I just create an account and link the ones I already have? Is it free? I get all my statements online and via the mail. I'm sent an email reminder when it's available. When the paper version arrives I use it as a cross check. All payments are done online and never been late. Works great for me.
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Guest: ViCyniC Posted: Tue Jan 16, 2007 9:15 pm mouse wrote: You save them POSTAGE You save them PAPER You save them PROCESSING COSTS YOU GET WHAT FOR THAT??? CITIBANK WILL GIVE YOU A WHOLE $5 BIG WOOP Many other banks tell you they will do it for FREE AS IF SOME FOOL WOULD PAY FOR THAT SERVICE I couldn't care less about how paperless benefits them. It's simply a convenience for me. Plain and simple.
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Online Credit Card Statement Include Notice of Change in Terms?
Guest: ViCyniC Post subject: Online Credit Card Statement Include Notice of Change in Terms?Posted: Tue Jan 16, 2007 5:36 pm There's no need for paper. It's redundant.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Tue Jan 16, 2007 8:41 pm ViCyniC wrote: There's no need for paper. It's redundant. Your statement is ILLOGICAL
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Guest: ViCyniC Posted: Tue Jan 16, 2007 8:47 pm mouse wrote: ViCyniC wrote: There's no need for paper. It's redundant. Your statement is ILLOGICAL Not really. I get my statements online. Don't need to get it again on paper. Besides, I read it once and never look at it again.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Tue Jan 16, 2007 8:54 pm ViCyniC wrote: mouse wrote: ViCyniC wrote: There's no need for paper. It's redundant. Your statement is ILLOGICAL Not really. I get my statements online. Don't need to get it again on paper. Besides, I read it once and never look at it again. Wait till you miss some important item on that ON-LINE STATEMENT or THEY JUST FORGET TO INCLUDE IT (AS IN A CHANGE IN TERMS)
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Chase Credit Card Online Monthly Statement
Guest: darjeeling Post subject: Chase Credit Card Online Monthly StatementPosted: Sat Oct 07, 2006 7:45 pm Quote: Just a note about Chae paperless statements.. with Chase, when you go paperless, you can view 6 years of statements online. ... and if you call up and request paper statement copies, they are free of charge. Now THAT is actually a fairly compelling argument and advantage for going paperless ... that is if all things remain equal ... and your online statements are as complete and easy to access your most important account information online. Just a heads up THAT is NOT the case with BankofAmerica ... you can't even get your APR revealed online. Out of curiosity does anyone know if I can import QIF downloads to an older version of Quick Books? (on a Mac) Or is the technology and language incompatable? darjy
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Guest: Polonius SENIOR MEMBER (Member for 2 yrs.+) Posted: Sat Oct 07, 2006 7:57 pm Quote: Out of curiosity does anyone know if I can import QIF downloads to an older version of Quick Books? (on a Mac) QB Pro 2007 for the Mac supports OFX downloads, as does the regular QB for PC. Neither current version supports QIF format because of its various limitations. I think the older QB Mac versions did allow import of QIF files. Look for the Import button under the File menu... _________________ Polonius "Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
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Guest: darjeeling Posted: Sun Oct 08, 2006 7:43 am Quote: I think the older QB Mac versions did allow import of QIF files. Look for the Import button under the File menu... Hey, thanks for that ... I inherited an older set of QB with the purchase of my previous computer ... and used it for invoices and estimates and such but did not use the banking fields, mainly as I was unfamiliar with how it worked and wasn't really dealing with Online Banking very much at the time. Still I've never tried to use that option because I thought the function had 'sunsetted' out ... so that might bear some investigation now ... although I think I might have to import from a secondary application. darjy
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Sun Oct 08, 2006 7:55 pm Okay, I'm signed up for Cap One, Discover, Chase, & Citi. I have a Dillard's Amex & JCPenney store card that I'm going to keep getting paper statements for a while just till I've had their cards for a little longer. I had guests over this weekend and it was certainly freeing to throw out a bunch of those old statements, many of which just were never opened! Chase keeping statements online for 6 years certainly sweetens the deal, I can't imagine needing to look back much further! Citi will give me $5 on each account after I've been paperless for four months... haha, I guess they were getting ripped off by people signing up and cancelling right away. All around, this should declutter my home quite a bit, thanks all for answering my questions and all the insightful information! Well, there's one thing I couldn't figure out, though. On that yodlee website, do I have to be signed up for one of their money accounts to use it? Or can I just create an account and link the ones I already have? Is it free?
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Still Receiving No Fee Balance Transfer Checks for my Capital One Credit Card
Guest: JoyJoy Credit Expert (100+ Posts) Post subject: Still Receiving No Fee Balance Transfer Checks for my Capital One Credit Card Posted: Tue Oct 03, 2006 4:14 pm [quote="Woolfman"]I noticed something strange happened last month, I have been signed up "paperless" with Cap One for about a year now. everything has been working out great and I have been recieving those no fee trans. checks in the mail seperately each month which is great because I use them a lot. Well, in September I got a paper statement and no checks and I never changed anything with them on line or by phone. Will have to see what happens in October.[/quote] Same scenario here, but yesterday I received Capital One purchase checks that are good until January, 2007. I guess they are trying to conserve on purchase checks by sending them out for a longer period of time. I wondered why they were sending checks out every month as that was costly. These purchase checks do come in handy sometimes. I PIF before the statement date and at first I thought they weren't going to send me anymore. It doesn't bother them that I haven't been carrying a monthly balance for months now apparently. Oh, they did mention on the statement that there will be some changes in November to their statement. Maybe this is why they sent out paper statements. JoyJoy _________________ J~J "You may never know what results come from your action. But if you do nothing, there will be no result." Mahatma Gandhi
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Guest: Woolfman Posted: Wed Oct 04, 2006 12:12 pm Thanks JoyJoy, Glad to hear it's not only me on the statements. Hope I get my checks soon.
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Guest: Evilbunny Credit Expert (100+ Posts) Posted: Wed Oct 04, 2006 1:31 pm Just a note about Chae paperless statements.. with Chase, when you go paperless, you can view 6 years of statements online. and if you call up and request paper statement copies, they are free of charge.
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Guest: JoyJoy Credit Expert (100+ Posts) Posted: Wed Oct 04, 2006 3:17 pm [quote="Woolfman"]Thanks JoyJoy, Glad to hear it's not only me on the statements. Hope I get my checks soon.[/quote] You're welcome Woolfman. _________________ J~J "You may never know what results come from your action. But if you do nothing, there will be no result." Mahatma Gandhi
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Prefer Online Credit Card Statements?
Guest: Polonius SENIOR MEMBER (Member for 2 yrs.+) Post subject: Prefer Online Credit Card Statements? Posted: Mon Oct 02, 2006 12:33 am I love doing everything online. But a paper statement is a reminder to me that I have the card and possibly have a payment due--just in case I overlooked something. I don't save or file the statements--they're available online if I need one. Neither email nor snail mail is totally reliable, after all. I don't think banks will pass on any savings to US. The savings will go, as usual, to the top executives. Killing all the trees is regrettable. OTOH, the post office needs the cash. _________________ Polonius "Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
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Guest: jlrdc909 Credit Expert (100+ Posts) Posted: Mon Oct 02, 2006 6:33 am Going Paperless is like hearing banks offering to keep your checks for "free" B.S. this does nothing but saves them money on postage. Plus, what happens if you land in the hospital for a few weeks from an unexpected mishap, at least with a Paper statement someone could pay the bills for you.
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Mon Oct 02, 2006 9:42 am hrm... interesting. But don't banks generally understand if you call them up after six months and tell them you defaulted because you were ill, but hey, here's the money now, we cool?
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Guest: Woolfman Posted: Mon Oct 02, 2006 1:12 pm I noticed something strange happened last month, I have been signed up "paperless" with Cap One for about a year now. everything has been working out great and I have been recieving those no fee trans. checks in the mail seperately each month which is great because I use them a lot. Well, in September I got a paper statement and no checks and I never changed anything with them on line or by phone. Will have to see what happens in October.
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No Need to Download Online Credit Card Statements
Guest: multiplierx Credit Expert (100+ Posts) Post subject: No Need to Download Online Credit Card Statements Posted: Sun Oct 01, 2006 6:43 pm JaneiR36 wrote: Wait a second, I misunderstood something. I thought they would send a full statement by email? Not just a notification that the statement is ready online? You're right, Polonius, I already get that If the statement is in a location where it's not permanently filed and I still have to download it somewhere or print it out so that I can have it stored permanently, this just lowered the value of paperless statements several notches! I'm really quite disappointed Most online statements store 6-12 months or more previous statements. No need to download anything. Honestly, other than investments it's been very rare I've needed to go back and find an old statement for anything over the past 25 years. For credit cards, a few months back should be plenty. If in the rare case you actually needed an older statement, you could always request they send it to you.
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Guest: multiplierx Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 6:47 pm JaneiR36 wrote: What's worse, when I do need to reference an item on my bill, it's H-E-Double-hockey-sticks to find the correct statement. Yodlee, in addition to invidual legders, keeps a record of all your transactions combined across all your banks, brokers, creditors, etc. It's handy for finding transactions you made but can't remember which bank you used to make the payment.
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 7:19 pm multiplierx wrote: If in the rare case you actually needed an older statement, you could always request they send it to you. For a small fee? MBNA was requesting $2.50 at one point. Chase upped theirs to five bucks, I think. Yodlee sounds like an online version of Microsoft money? Might be a little better, seeing as I wouldn't have to keep upgrading the software when the older versions went out of date. I need previously ignored statements whenever I want to tally how much I've been spending in a certain category, that kind of stuff. Sometimes I want refunds for old items I want to return. I'm not sure if any of them have ever been over a year old, but it's possible.
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Guest: multiplierx Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 7:32 pm Yodlee does spending reports. It lets you categorize transactions. I prefer their own version but they also offer Yodlee through BOA(My Portfolio) and several other banks. I can't recall seeing any fees for paper with any of my online statements. Then again, I have never needed to request an old statement. I think I can count the number of returns I've done, going back to the 70s, on one hand. Check Yodlee out. I bet you'll like it.
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Do you still receive purchase checks from your credit card company if you opt for paperless statements?
Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Post subject: Do you still receive purchase checks from your credit card company if you opt for paperless statements? Posted: Sun Oct 01, 2006 3:28 pm hankreardon wrote: JaneiR36 wrote: Do you still get those purchase checks in the mail every month when you go paperless? It doesn't look like anyone actually answered your question. The answer is yes, you do. I'm not sure if that is a pro or con for you, but personally I wish there were some way to make them stop. If I want a balance transfer I'll call and request it. As for the discussion on the merits of paperless billing, I must agree that paper billing is a ridiculously antiquated way of doing business. Then again, I think that paper money is also ridiculously antiquated. I have gone literally entire years without ever touching cash. Unfortunately I've recently moved to Manhattan, and cash is often a necessity here. I should also mention that identity theft/credit card fraud is a real threat, and I'm speaking from experience. I had a bunch of random Paypal charges show up on a card that I hadn't used in three months. I have yet to determine how they managed to get my account number. -Hank NOTE TO SELF...DO NOT MOVE TO MANHATTAN
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 6:18 pm Thanks all for your answers RE: Advantage to customer. I'm spending way too much time every month sorting out clutter. What's worse, when I do need to reference an item on my bill, it's H-E-Double-hockey-sticks to find the correct statement. I'd probably end up saving money just by going paperless! I know I shouldn't be lazy and probably should download my statements to Microsoft Money every month, but ever since I almost went behind on my bills, I haven't really been too keen on tallying all my accounts and looking at the balances I've already signed up for Discover's; their offers in the mail never meant much to me. I've used Cap One's purchase checks for a rainy day quite a few times by now. I totally forgot about my energy bill. I do get the statement sent to MBNA Billpay so I can pay them right away, but haven't converted it to being completely paperless. They're next! Then comes Chase & Citibank and all my checking accts. I just can't keep track anymore, and Gmail has more than enough storage space to handle all of it, so I think I'll be going that route very shortly. Polonius, I recall your telling us a story about how Citibank or some such company offered you big bucks to go paperless. I sure wish I could make money on something I'm about to do, anyway! mouse and hankreardon, I share your dislike for paper money! Unforutnately, I just lost a ton of money to out of network ATM transactions because a friend errorneously told me that our bank didn't charge for using another bank's ATM. I must have used it for oncey twocey withdrawals like there was no tomorrow because I was out almost ten bucks before I ever looked at my statements online! (That's the thing also, most of the time I don't even open those darn paper statements, whereas if I see a bill online it's paid in seconds!!!)
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Guest: JaneiR36 Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 6:30 pm Wait a second, I misunderstood something. I thought they would send a full statement by email? Not just a notification that the statement is ready online? You're right, Polonius, I already get that If the statement is in a location where it's not permanently filed and I still have to download it somewhere or print it out so that I can have it stored permanently, this just lowered the value of paperless statements several notches! I'm really quite disappointed
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Guest: multiplierx Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 6:39 pm hankreardon wrote: but personally I wish there were some way to make them stop. If I want a balance transfer I'll call and request it. -Hank I wish I could make them stop sending me checks too. I get them from several banks even though I've opt'd-out of everything possible. I've never had a need for them and I'd feel much better not worrying someone will steal one out of the mail and cause a hassle for me. Plus, all I do is take them out of the mail, shred them, then throw them away. What a waste on so many levels. JaneiR36, have you ever looked at Yodlee, or any banks co-branded Yodlee versions? It sounds like that'd help you greatly with organizing and stay on top of things. I've used Yodlee for over a year now and would hate to do without it.
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Advantage of Paperless Credit Card Statement?
Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Post subject: Advantage of Paperless Credit Card Statement?Posted: Sun Oct 01, 2006 11:59 am Polonius wrote: Interesting quesiton. I hope someone posts the answer. I don't go paperless because there's no advantage to me. You can get your "paperless" statements online even if you still get the statements mailed. Banks push paperless statements to save them money, but I don't see any advantage to the consumer... $5 ONE TIME REWARD WHAT A JOKE!!! (more like an INSULT)
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Guest: multiplierx Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 12:07 pm I'm as paperless as I can be, which is about 95% of my accounts. I consider paper and mail in general an outdated notion for almost everything. Why do we have computers and internet? Paperless saves everyone money in the end. Between the actual paper itself, the infrastructure to deal with it, and the shipping of it, it's a waste of resources that need not be happening in the year 2006. People, not technology, stand in the way of progress. Some just can't let go of the past. The more people who use paperless, the more improvements you'll see. Already, my online utility statements offer much more information than their paper ever did. On a more direct level, if a bank saves money on paper, maybe they can afford to offer me something of real value in lieu of the money thrown away on paper statements. Most banks are publically owned too so if you're a shareholder, you could appreciate the savings. Mail-theft and i.d. theft through the mail system is a consideration, especially in certain areas of the US. Paper statements are like checks - so last century...
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Sun Oct 01, 2006 12:18 pm multiplierx wrote: I'm as paperless as I can be, which is about 95% of my accounts. I consider paper and mail in general an outdated notion for almost everything. Why do we have computers and internet? Paperless saves everyone money in the end. Between the actual paper itself, the infrastructure to deal with it, and the shipping of it, it's a waste of resources that need not be happening in the year 2006. People, not technology, stand in the way of progress. Some just can't let go of the past. The more people who use paperless, the more improvements you'll see. Already, my online utility statements offer much more information than their paper ever did. On a more direct level, if a bank saves money on paper, maybe they can afford to offer me something of real value in lieu of the money thrown away on paper statements. Most banks are publically owned too so if you're a shareholder, you could appreciate the savings. Mail-theft and i.d. theft through the mail system is a consideration, especially in certain areas of the US. Paper statements are like checks - so last century... I HAVE PAID ON TIME FOR 30+ YEARS MORE BECAUSE OF PAPER STATEMENTS...THAN THE INTERNET And you don't really think they will give me something DO YOU??? (LIKE A CLI or LOWER APR or A LOW APR BT)
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Guest: hankreardon Posted: Sun Oct 01, 2006 2:19 pm JaneiR36 wrote: Do you still get those purchase checks in the mail every month when you go paperless? It doesn't look like anyone actually answered your question. The answer is yes, you do. I'm not sure if that is a pro or con for you, but personally I wish there were some way to make them stop. If I want a balance transfer I'll call and request it. As for the discussion on the merits of paperless billing, I must agree that paper billing is a ridiculously antiquated way of doing business. Then again, I think that paper money is also ridiculously antiquated. I have gone literally entire years without ever touching cash. Unfortunately I've recently moved to Manhattan, and cash is often a necessity here. I should also mention that identity theft/credit card fraud is a real threat, and I'm speaking from experience. I had a bunch of random Paypal charges show up on a card that I hadn't used in three months. I have yet to determine how they managed to get my account number. -Hank
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US Bank Credit Card Credit Line Increases
Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Post subject: US Bank Credit Card Credit Line IncreasesPosted: Wed Jan 17, 2007 7:24 am MRS WAS TOLD NO CLI's AFTER $15,000 She has $20,000 $17,500--->$18,500--->$20,000
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Guest: Chazmanian Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 7:38 am Sheese...The Agony...The Broken Promises....The Backsliding... When I called in to check on the T&C Etc, The CSR read me the screen and stated that I was essentially pre-approved already and all they needed to do was.... It is a Business card with some little on the spot rewards... If Fenster digs it its gotta be good! Count me.....IN!
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Guest: CreditGuy Posted: Wed Jan 17, 2007 11:44 am I've had a Platinum Visa for about three years, and it's fine. The interest rate isn't great (I have what they say is the lowest, and I think it's 11%), but since I PIF every month, it doesn't bug me that much. Customer service is, as other people have said, very good. I've been getting an automatic $2000 CLI every six months. The design is kind of tacky, but then again I don't look at it much, so I don't really care.
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Capital One Credit Card Paperless Monthly Statement
Guest: JaneiR36 Credit Expert (100+ Posts) Post subject: Capital One Credit Card Paperless Monthly StatementPosted: Sun Oct 01, 2006 7:53 am Do you still get those purchase checks in the mail every month when you go paperless?
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Guest: Polonius SENIOR MEMBER (Member for 2 yrs.+) Posted: Sun Oct 01, 2006 11:21 am Interesting quesiton. I hope someone posts the answer. I don't go paperless because there's no advantage to me. You can get your "paperless" statements online even if you still get the statements mailed. Banks push paperless statements to save them money, but I don't see any advantage to the consumer... _________________ Polonius "Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
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Guest: Brammy Credit Expert (100+ Posts) Posted: Sun Oct 01, 2006 11:25 am I agree 100% P. I get a paper statement and there was a disagreement to something that was included in the last statement (the thing that notifies you of an APR decrease). When I pulled up the statement on line that little bit of info was not viewable. Luckily the hard copies remain unchanged.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Sun Oct 01, 2006 11:57 am JaneiR36 wrote: Do you still get those purchase checks in the mail every month when you go paperless? WHAT IS PAPERLESS??? Some card I have wants to pay a ONE TIME $5 REWARD Sure I would do it for $5 EVERY SINGLE MONTH
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US Bank Credit Card Company Customer Service
Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Post subject: US Bank Credit Card Company Customer Service Posted: Wed Jan 17, 2007 12:54 am They REFUSED her permission to trade for the NORTHWEST card (NWA) That has an annual fee They said she had to APPLY No thanks... It has not been used in like 18-24 months (other than for a few bucks)
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Guest: ansinwa Posted: Wed Jan 17, 2007 4:17 am I have 2 Business Platinum Cards "1 Regular and 1 Rewards". I also have 2 personal Cards. Overall they have been very good. Excellent customer service. ANS
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Guest: hdporter Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 4:38 am Very strong CS from most accounts.
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Guest: fenster Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 6:45 am At least a $1500 CLI every 3 months guaranteed and like clock work (you’ve to ask for it). I have a picture of my own Harley Fat Boy and yours truly on my US Bank Harley Davidson Rewards card, last month I got myself a jazzy Harley watch with my card’s reward points. True, not strong on BTs with No Fees, but never jacks rates due to either universal defaults, high utilization or score drops, and when you apply, you get super fast instantaneous decisions with the new account showin’ online live and on the spot. _________________ beware of everything
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US Bank Platinum Business Credit Card Offer
Guest: Chazmanian Credit Expert (100+ Posts) Post subject: US Bank Platinum Business Credit Card OfferPosted: Wed Jan 17, 2007 12:09 am Curious if anyone has any US bank card products? Got a mailer from them today and they seem to have a fair looking Platinum Business card offer put together.....Just curious if anyone carries any of their cards? _________________ When I was just a baby, my mama told me, "Son, Always be a good boy; don't ever play with guns."
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Guest: rapjunkie Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 12:18 am I've got one... good customer service, initial credit line, and rewards program.
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Guest: mouse SENIOR MEMBER (Member for 2 yrs.+) Posted: Wed Jan 17, 2007 12:23 am Chazmanian wrote: Curious if anyone has any US bank card products? Got a mailer from them today and they seem to have a fair looking Platinum Business card offer put together.....Just curious if anyone carries any of their cards? MRS has one No rewards They keep on trying to get her to take a BT of 1.99% THERE THERE IS THAT BT FEE 3% UNLIMITED $19,000 X 3% = $570 AS IF I'M GONNA' LET HER PAY $570 FOR A BT FEE
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Guest: Chazmanian Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 12:29 am mouse wrote: Chazmanian wrote: Curious if anyone has any US bank card products? Got a mailer from them today and they seem to have a fair looking Platinum Business card offer put together.....Just curious if anyone carries any of their cards? MRS has one No rewards They keep on trying to get her to take a BT of 1.99% THERE THERE IS THAT BT FEE 3% UNLIMITED $19,000 X 3% = $570 AS IF I'M GONNA' LET HER PAY $570 FOR A BT FEE Now that my Friend would add up to some serious "Steak-House" action!!! They have a $50 cash inticement for taking the Business card along with some type of free companion air-fare deal....The offer they sent me has a 9 Month 0% BT....Unsure about the fee though. But the $50 and the airplane ticket are tempting.....Thanks Gents.
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Unemployment a Factor When Applying for Credit Cards?
Guest: angelo21 Post subject: Unemployment a Factor When Applying for Credit Cards?Posted: Wed Jan 17, 2007 12:10 pm hdporter wrote: Quote: If your between jobs you need to consider how it will effect your FICO. Employment history is a key variable in the FICO equation. Not correct. FICO looks strictly at your credit history, not employment. Creditors may factor your employment history as well (plus salary, etc.) in making their credit decisions. - Harry That's not what I have learned. Your history is about 1/3 of the equation. I may of overstated the importance of employment by saying "key" but it will be considered. Your score can vary from CB to CB because of the weight given to certain elements. Nevertheless, it will be factored in.
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Guest: fenster Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 1:15 pm angelo21 wrote: That's not what I have learned. Your history is about 1/3 of the equation. I may of overstated the importance of employment by saying "key" but it will be considered. Your score can vary from CB to CB because of the weight given to certain elements. Nevertheless, it will be factored in. It all depends what you mean by “employment”, if you mean stated employment, you’re only partially correct, yet if you mean verified employment, you’re completely wrong. Why are you wrong? Cuz you’re not gonna tell this intelligent board the bank “considered” and verified your employment in less than 60 seconds then flashed “you’re approved” online, are ya? In fact, let me rephrase and say you’re wrong on all counts in your post, even with my above statement of qualification, and let me tell you why: have you noticed many new credit card applications lately? The telephone number for one’s place of employment is listed as optional, the banks ceased to care. What is important to the bank, however, is your stated income in the App. But even your stated income is unverifiable telephonically and the banks know it. Most legitimate employers refuse to give an income number over the phone even to the US president. Yet the banks aren’t worried, why? Because they can discern your income from your credit profile, listed accounts and spending habits. For example, if you stated an income in the 6 figures and you’re financing a $300 1979 Vega, the card issuer will be on to you. So as far as card-issuing banks are concerned the cardinal and monumental criterion which shapes their decision to issue is your credit profile and score. That you’re employed and generating income is factored in and assumed before you even apply, unless you’re applying as a student. In fact, the banks pre-qualify the latter by instructing you before you apply “if you earn less than X, don’t apply." _________________ beware of everything
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Guest: angelo21 Posted: Wed Jan 17, 2007 1:29 pm I hear you and respect your opinion. I still differ. Although what your saying make absolute sense, employment is a factor. If your showing frequent changes, etc. you will be verified unless you have a strong history.
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Balance Transfer Credit Card Offer?
Guest: Bae0wolf Post subject: Balance Transfer Credit Card Offer?Posted: Tue Jan 16, 2007 6:15 pm Hello, I was wondering if anyone had any suggestions about balance transfer credit cards. I'm at about $3k in debt on my Citicard (the only one i have) at a "promotional" 7.99% APR right now. I was considering the Discover platinum card which gives me a year to pay that all off w/ 0% APR w/ a 3% transfer fee, which would bump up my debt by $100 bucks. A tricky part of my situation is that I am in between jobs right now b/c I've just graduated from school so yea, I was considering student cards, but i'm not sure if they apply anymore. Thank you
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Guest: LustfortheMoment Posted: Tue Jan 16, 2007 6:42 pm You should be able to find a 0% offer with either no fee or a cap of $75. I'd walk away from a BT fee of 3% uncapped.......
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Guest: angelo21 Posted: Wed Jan 17, 2007 11:51 am You have many options available to you. Amex, Chase and even Citi have products at 0%. The 7.99% promotional rate is the regular rate for some of these products after the introductory period. If your between jobs you need to consider how it will effect your FICO. Employment history is a key variable in the FICO equation. Your score will ultimately determine the final offer you'll get (duration, rate, etc.). Also, make sure the BT fee has a cap.
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Guest: hdporter Credit Expert (100+ Posts) Posted: Wed Jan 17, 2007 11:57 am Quote: If your between jobs you need to consider how it will effect your FICO. Employment history is a key variable in the FICO equation. Not correct. FICO looks strictly at your credit history, not employment. Creditors may factor your employment history as well (plus salary, etc.) in making their credit decisions. - Harry
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