Frequent Contributor
Posts: 380
Registered: ‎02-06-2009

Do you ever have app remorse?

I just did.


Earlier this month, I applied for the Paypal Extras Mastercard. I was tempted by the 3x points on gas and restaurants. Someone in the myFICO forums pointed out that the point redemption rate wasn't 1:1 but that wasn't a dealbreaker for me so I applied anyway. Approved for $1500, not great but not horrible.


Today, I take the time to read the Reward Program Terms: "accrued Reward Points that are not redeemed will be forfeited 24 months (2 years) after they were first accrued". If I would have known that before, I wouldn't have applied.


Moral of the Story: Research the reward terms BEFORE applying :smileysad:



11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
01/06/2015 Current - TU 831 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 09/07/2014
Valued Contributor
Posts: 1,772
Registered: ‎10-28-2011

Re: Do you ever have app remorse?

Its really not that bad of a card really especially if you do a lot of Ebay or purchase alot of things off other members on forums so you can send paypal.  Plus its backed by GE so the account will grow.  If you were in it solely for the rewards then I can understand

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Regular Contributor
Posts: 237
Registered: ‎06-27-2011

Re: Do you ever have app remorse?

I have, like the Cap One Best Buy store card - apped in store instant approval of $1500 but now I'm like why....I don't shop there often enough to justify it, guess I'll just have to go get a TV and a few Xbox games or something.

Starting: 563 | Current: 753 (Walmart TU 11/12) | Goal: 800 | Garden since: 01/15/2013

Valued Contributor
Posts: 1,875
Registered: ‎11-17-2012

Re: Do you ever have app remorse?

I sorta do with my Sapphire :/ still don't have it in my hands yet, but it was one of those spur of the moment things while on a "future possible vacation" high...was really looking for those points...I would've wanted to garden a lot longer then go for my 6th card (was looking at the VentureOne for my go-to travel card with no annual fee...yeah yeah i know, it's CapOne, but...). It's alright though! By the time I'll be wanting to do hardcore spending towards travel, I'm sure I'll have offers to upgrade to CSP!

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $9.8k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k | Discover IT $9.5k | SavingStar American Express $14.8k

FICOS: EX 761 EQ 719 TU 740 Credit Karma VantageScore 3.0 (TU) 732 (EQ) 728 Credit Sesame (EX) 776 (EX) 774 VantageScore 3.0 726
Frequent Contributor
Posts: 463
Registered: ‎11-28-2012

Re: Do you ever have app remorse?

The Walmart store card I apped for/received with $600 CL. The $20.00 back on your first purchase over $100.00 & 15¢ off per gallon seemed great. Then I remembered a.) I absolutely hate all of the Walmarts near me & b.) the nearest Walmart gas station would cost more in gas just to get there to "save". I guess I will keep my eye on online shipping sales. 

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+

Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012

Re: Do you ever have app remorse?

Don't regret it! The apr sucks on my Paypal MC, but man has my limit grown!!! Just dont carry a balance. The interest is awful! Lol

I regret apping for Citi Diamond Preferred as I got denied :-(
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012

Re: Do you ever have app remorse?

I regret the app every time I got a denial! :smileyvery-happy: But I think I only regret 1-2 accounts.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010

Re: Do you ever have app remorse?

I only regret the denials, I have never applied for a card, I did not want.

Frequent Contributor
Posts: 296
Registered: ‎08-28-2012

Re: Do you ever have app remorse?

[ Edited ]

Macy's Store Card. :/ I got it because I could get 20 bucks off this trench coat I really wanted, and I was 18 at the time and didn't know it was a "credit" card...thought it worked like a gift card.  My credit line on it is only $100, lmao!  But it's my second oldest tradeline, so I'll just leave it in the sock drawer.

AMEX BCE, Discover IT, Citi Forward, BoA Travel Rewards
FICO: TU 795 Last App: November 2012
Valued Contributor
Posts: 2,256
Registered: ‎07-23-2012

Re: Do you ever have app remorse?

learn from your mistakes! 

i regret nothing!!! 


Current: Discover Fico 682 1/15 Walmart Fico 684 1/15

Inquiries (24 Months): EQ 4 TU 1 EX 5 | Most Recent: 09/26/2014
Over 12 Months:6

2014 Goals:
Lower Utility
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000

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