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Regular Contributor
lolabelle
Posts: 146
Registered: ‎11-03-2009
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Re: Another card bites the Dust


bichonmom wrote:

I just really question their CS. Seriously. They *are* losing customers. For every one post on this forum, there are probably many more who don't post. Maybe their CEO ought to read the myFICO forum! :smileyhappy:

 


I'm wondering if they actually have any authority to do anything.   I called them the other day to see if I could do a balance transfer.  They offered me 19.99%.  Really?  I was wanting to do a transfer from a 9.99% card.

 

They had nothing to offer me.  It's perplexing, to say the least.


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Current Score: EQ 08 - 837! Whoo!! (5/14/14);EQ 04 - 795! (5/15/14) 748 (TU - 5/21/12); 760 (EX - 4/16/12 AMEX pull)
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Mike360
Posts: 433
Registered: ‎03-19-2010
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Re: Another card bites the Dust

I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.
~~In my wallet: Best Buy $7500, Dell Preferred $5500, Discover IT $4000, Chase Freedom $3500, Barclays NFL Extra Points $3300, Sears $2800, Bill Me Later $2100, CapOne Platinum $2000, Kohls $1500, Target $200
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Chris123nTx
Posts: 500
Registered: ‎05-11-2007
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Re: Another card bites the Dust


clocktick wrote:

^^^

Agreed.  It's our right to close any card we want to whether or not they waive an AF.  I never expect it, just hope it (kind of like hoping for a SP CLI vs. a HP).  I'm willing to bet they receive several calls per day from people not wanting to pay the AF.  I wonder what their customer loss vs. new customer rate is - that would be interesting.  I really don't see what the big deal is - it's in their terms and conditions when we apply.


Several.calls per day? They have millions of customers and how many more new accts with hsbc...it is sure more than just several per day. Thousands per day would be a closer bet i would think.
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LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: Another card bites the Dust


Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

I agree, you cant beat the 0% financing!




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Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
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Re: Another card bites the Dust


Chris123nTx wrote:

clocktick wrote:

^^^

Agreed.  It's our right to close any card we want to whether or not they waive an AF.  I never expect it, just hope it (kind of like hoping for a SP CLI vs. a HP).  I'm willing to bet they receive several calls per day from people not wanting to pay the AF.  I wonder what their customer loss vs. new customer rate is - that would be interesting.  I really don't see what the big deal is - it's in their terms and conditions when we apply.


Several.calls per day? They have millions of customers and how many more new accts with hsbc...it is sure more than just several per day. Thousands per day would be a closer bet i would think.

I meant, per customer service rep.

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




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pipeguy
Posts: 798
Registered: ‎10-31-2011
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Re: Another card bites the Dust


Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

+1 yup....

*** Remember the Tallyman because he sure remembers you ***
Established Contributor
lithium78
Posts: 930
Registered: ‎07-30-2011
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Re: Another card bites the Dust


Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

 

Fees are fine when you have scores in the 500s and you have to take what you can get.  When your scores improve and you have options, there's really very little reason to ever pay an AF unless it's an AMEX.  I prefer my credit cards to pay me for their business instead of the other way around.


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pipeguy
Posts: 798
Registered: ‎10-31-2011
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Re: Another card bites the Dust


lithium78 wrote:

Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

 

Fees are fine when you have scores in the 500s and you have to take what you can get.  When your scores improve and you have options, there's really very little reason to ever pay an AF unless it's an AMEX.  I prefer my credit cards to pay me for their business instead of the other way around.


Why does AmEx get a pass?

*** Remember the Tallyman because he sure remembers you ***
Established Contributor
aussiesareforever
Posts: 741
Registered: ‎10-04-2010
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Re: Another card bites the Dust


pipeguy wrote:

lithium78 wrote:

Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

 

Fees are fine when you have scores in the 500s and you have to take what you can get.  When your scores improve and you have options, there's really very little reason to ever pay an AF unless it's an AMEX.  I prefer my credit cards to pay me for their business instead of the other way around.


Why does AmEx get a pass?



Good question

BK in 2008, after making very stupid financial decisions.

Barclay's Apple Financing Card ($6400) --- Capital One Quicksilver ($10,000)---GEMB CareCredit ($5700) --- AUFCU ($10000)--- Walmart ($5000)

FICO Scores: TU 735 EQ 709 EX 740 (Feb 2013, all pulled by lender)

Established Contributor
lithium78
Posts: 930
Registered: ‎07-30-2011
0

Re: Another card bites the Dust


pipeguy wrote:

lithium78 wrote:

Mike360 wrote:
I don't get the hate on fees all the time. You knew of the fees when you opened the account. The best buy card is a great card if you get the store card with no fees and good limits. Sorry to hear you got the crappy version.

 

Fees are fine when you have scores in the 500s and you have to take what you can get.  When your scores improve and you have options, there's really very little reason to ever pay an AF unless it's an AMEX.  I prefer my credit cards to pay me for their business instead of the other way around.


Why does AmEx get a pass?


Because their rewards are very generous and more than pay for the AF if you use the card a lot.


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