Best Buy Rewards Mastercard

[shalane85]

Does anyone know anything about this card. I was just approved and I was hoping to replace it with one of the other cards I have that have an af. I dont know my credit limit yet.

[Red1Blue]

Congrats. Probably $300 CL with $59 AF like most of us when we got this card.

[shalane85]

Credit limit is $320 with $69 af. I think I will close the Credit One acct I just opened since that limit is only $250.

[haulingthescoreup]

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shalane85 wrote:
Credit limit is $320 with $69 af. I think I will close the Credit One acct I just opened since that limit is only $250.

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Unless Credit One has monthly fees (I can't keep track of them), you'll do better to keep it open until right before the annual fee kicks in. Once you're approved for a CC, it goes on your reports, whether you keep it or not. Might as well get some use out of it.

[Red1Blue]

You should call HSBC and ask for customer retention specialist and tell him/her, you would like them to reduce AF and CLI. Some times they might consider it.

[shalane85]

they charged me a $69 enrollment fee and they charge the af monthly.

[shalane85]

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@Red1Blue wrote:
You should call HSBC and ask for customer retention specialist and tell him/her, you would like them to reduce AF and CLI. Some times they might consider it.

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Really now....... is the # on the backdoor list?

[Red1Blue]

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@shalane85 wrote:
they charged me a $69 enrollment fee and they charge the af monthly.

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CreditOne card,  is not a bad card for credit building. Keep in mind, if you do a pay by phone they charge another $6 for it. You are better off keeping the card for a year or two and let it report. Setup billpay with your bank checking account and payit electronically, it will save you lot of grief. They will give you $100 CL every 6 months. I had this card in the early stages of my credit rebuilding. I kept it for about 2 1/2 years and then closed it as I got better cards.

Message Edited by concorduser on 03-19-2009 07:30 PM

[Red1Blue]

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@shalane85 wrote:

Really now....... is the # on the backdoor list?

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Just call the BB/HSBC CSR and ask them you are not happy and want to talk to customer retention specialist. You can even wait till you get the card and then call them once you got the card in the had. It works most of the time. They dropped my AF to $29.00

[shalane85]

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@Red1Blue wrote:

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@shalane85 wrote:

Really now....... is the # on the backdoor list?

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Just call the BB/HSBC CSR and ask them you are not happy and want to talk to customer retention specialist. You can even wait till you get the card and then call them once you got the card in the had. It works most of the time. They dropped my AF to $29.00

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Will do. I'll let you know what happens.