Credit Card Thread

Quote from congee : Which CC would be best for a college student that requires no co-signer? I'm leaning towards citi because of their virtual cc feature.

Quote from Shellac : Even other companies have told me that Capitol One is the easiest one to get approved for.

How about getting a secured credit card from Bank of America. That's the first card I got. It has virtual CC. Didn't require a co-signer. And helped me build a VERY good credit score.


Just my 2¢...

Does anyone have any experience with Balance Transfer Cards? I'm looking for one even though my interest rate isn't bad right now (under 10%), but on a balance of $7,500. I have fairly good credit, the only bad thing I've ever had is this high balance, other than that everything's been positive (I lost my job and had a period of time I lived off my credit card last year and that adds up very fast with 0 income). Anyways, I'm tired of paying the interest but I don't know where to get a good card or if I'll be able to. I applied for the chase slate because they had an offer where there was 0% fee and while they approved me for the card, it was only for up to 2,500.

Right now my next planned course of action would be to just apply for another card, probably one with 12-18 months 0% APR and a 3% fee. Any advice would be greatly appreciated.

Quote from Tyler1986 : Does anyone have any experience with Balance Transfer Cards? I'm looking for one even though my interest rate isn't bad right now (under 10%), but on a balance of $7,500. I have fairly good credit, the only bad thing I've ever had is this high balance, other than that everything's been positive (I lost my job and had a period of time I lived off my credit card last year and that adds up very fast with 0 income). Anyways, I'm tired of paying the interest but I don't know where to get a good card or if I'll be able to. I applied for the chase slate because they had an offer where there was 0% fee and while they approved me for the card, it was only for up to 2,500. Right now my next planned course of action would be to just apply for another card, probably one with 12-18 months 0% APR and a 3% fee. Any advice would be greatly appreciated.

Discover More has 0% for 15 months right now too

Quote from Shellac : Even other companies have told me that Capitol One is the easiest one to get approved for. My brother was denied by Chase and I was trying to get advice from banks I bank with where he should go since I knew none of them would approve him since he never had a card. I've had him as an authorized user on my Amex and even though my whole history shows up on his credit report I guess that didn't help(worked when I did it for my mom years ago).

Thanks! I signed up for a Citi student one on Sunday night but I still haven't gotten any responses back...its not looking so good so far.

Quote from the.J129 : How about getting a secured credit card from Bank of America. That's the first card I got. It has virtual CC. Didn't require a co-signer. And helped me build a VERY good credit score. Just my 2¢...

I'll take a look at it, thanks. I currently have BOA checking and have had them for several years.

I have been an AMEX Blue Cash cardholder for the last 6 years and am still on the old "5% back on Gas, Groceries, and Drugstores after spending $6500". To maximize my rewards I buy a lot of gift cards at Walgreens. I noticed yesterday that there were some new AMEX gift cards on the rack that could be loaded with up to $500 but included a ~$6 "convenience fee".

5% of $500 is $25, so is it possible to buy $500 and then make $19? Once could then use the card as money or use a product like Paypal or Square to put it back into your bank account.

On another note, my 5% rewards on the AMEX will expire in September and I will have to spend another $6500 to get them back. In the last year I have added a Chase Freedom card and a Penfed Platinum Rewards Card. Chase has the rotating categories and the Penfed will be used strictly for gas, although it does have 3% on groceries. There are no large supermarket chains in my area, so most of my groceries get bought at Wal-Mart, so the grocery cash back is not a huge loss. However, I will dearly miss the 5% at drugstores. Does anyone know of another card that offers the same type of rewards on drugstores?

Thanks!

I have the Amex cash rewards..does Amex allow you to upgrade that card to their Gold one (with annual fee), or do I have to submit a new application?

Quote from BayArea : I have the Amex cash rewards..does Amex allow you to upgrade that card to their Gold one (with annual fee), or do I have to submit a new application?

2 totally different products. In my experience, it'll be another hard inquiry.

Quote from InfamousDX : 2 totally different products. In my experience, it'll be another hard inquiry.

Thanks for the response and repped

Quote from InfamousDX : 2 totally different products. In my experience, it'll be another hard inquiry.

I already have a Costco AMEX card and applied and got the Gold card (have two now) and they didn't do a hard inquiry for me. In fact, I was instantly approved and they carried over my "Member since" date from my Costco AMEX to my Gold card (2006). It's kinda nice and didn't know they did that. Otherwise it would have said "Member since 2011." (if that matters to anyone)

In the end I guess YMMV.

Reddit AMA from a guy at CreditKarma. Very interesting.

http://www.reddit.com/r/tabled/co...g/.compact

Quote from tadc : Reddit AMA from a guy at CreditKarma. Very interesting. http://www.reddit.com/r/tabled/comments/wu1kh/table_reddit_iama_statistician_thats_been_dealing/.compact

Bookmarked and saved.

And repped! Thanks!

Quote from geost : I already have a Costco AMEX card and applied and got the Gold card (have two now) and they didn't do a hard inquiry for me. In fact, I was instantly approved and they carried over my "Member since" date from my Costco AMEX to my Gold card (2006). It's kinda nice and didn't know they did that. Otherwise it would have said "Member since 2011." (if that matters to anyone) In the end I guess YMMV.

Oh wow that's good that you didn't get another hard inq. As for Member date, Amex always considers you from your first amex product, even if you were just an additional user. I've been an amex "Member Since 1996" when I was 14 and my parents added me to their account. Its nice that amex does this.

Quote from the.J129 : Bookmarked and saved. And repped! Thanks!

NP.

My favorite part:

Quote : [–]MundiMori 1 point 20 hours ago Wait, always pay it off in full? I was always told to leave a balance on it so that they know you're able to handle that. Have I been lied to? [–]CredditKarma[S] 1 point 20 hours ago You have.

Quote from tadc : NP. My favorite part: Quote : [–]MundiMori 1 point 20 hours ago Wait, always pay it off in full? I was always told to leave a balance on it so that they know you're able to handle that. Have I been lied to ? [–]CredditKarma[S] 1 point 20 hours ago You have .

The stupid myths that people still believe...Damn.