10-31-2012 06:17 PM
What do you guys think about the Chase Freedom Card? Does anyone know what kind of credit you need to get the 12.99% interest rate?
I am trying to decide if I should apply for the Chase Freedom or the AMEX Cash Everyday....
I will be buying mostly gas but some larger purchases every once in a while. Mostly an emergency card, so i'm looking for something with a large credit limit.
10-31-2012 06:32 PM
I didn't get the low end interest...I have the 20.99% APR after my promo period ends. CL is $4.5k.
10-31-2012 06:40 PM
Amex has the higher possible apr of the two. But offer the highest possible CL's. Amex doesn't like it when you carry a balance for more than a few mo's as well.
10-31-2012 06:46 PM
10-31-2012 06:55 PM
10-31-2012 07:01 PM
10-31-2012 07:05 PM
Most people get the 22.99% rate and some will get the 20.99% rate. Rarely will anyone get the 12.99% rate. I have the 22.99% rate and have been asking for a year and a half for it to be lowered and they won't budge.
Have you tried the executive office?
If you have had the card for over a year then they should be willing to lower it.
Although as long as you are PIF, then it shouldn't be a problem. But I also hate seeing that high APR on any account.
10-31-2012 07:16 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.