FoundersCard The New Black Card?

JonStur · ‎12-08-2013

I was invited to join, don't see a lot of info about it but it looks like the hot new card for entrepreneurs. Carries a $495 AF tho... Think this needs more research before I even consider this...

Starting Score: TU 595 EX 600 EQ 585
Current Score: TU 820 EX 825 EQ 812
Goal Score: 800 Club (Mission Accomplished)
Amex Platinum, Amex BCP $17.5K, 5/3 Sig $10K, Capital One Quicksilver 15K, Walmart 10K, US Bank Cash+ 15K, Sam's Club 10K, Chase Freedom $6K, Discover More $15K, Chase United Club MileagePlus $33K, Costco $6K, CapOne Quicksilver One $7K, Cap One Quicksilver $5K, Amazon $3K, Barclays $12.5K, Home Depot $7.5K, AppleCard $6K

indiolatino61 · ‎12-08-2013

@JonStur wrote:
I was invited to join, don't see a lot of info about it but it looks like the hot new card for entrepreneurs. Carries a $495 AF tho... Think this needs more research before I even consider this...

I just visited their website and asked for more info which will be sent via email.

UPDATE: Meh...I don't think AmEx Platinum has anything to worry about. For me anyway, the AF kills it, especially since it is not even a charge/credit card. I suppose if it fits your spending pattern it might be worth it, but not for me.

rlx01 · ‎12-08-2013

I have FC. It's... Okay. The AF is $295 if you get a referral.

IMHO, only useful if you have AT&T (15% off), or use UPS to ship. You do get CX gold and VS silver, which are reasonable.

awp317 · ‎12-08-2013

I want to apply but my company doesnt have a website.

Amex Platinum NPSL I Chase Sapphire Reserve 78K I Chase Freedom U 55k I JP Morgan Ritz 50k I B OF A Cash Rewards 50k I Barclay Black Luxury 43,750 I Capital One QuickSilver 40K I Amex BCP 34k I Amex Optima Platinum 30k I Barclays Arrival+ World E 29k I Merril+ 27,800 I Lowes 25k I Pen Fed PR Visa Sig 20K I Home Depot 17k I NFCU Cash Rewards 8k

Amex Biz Platinum NPSL I Lowes Business 42k I Amex Simply Cash + $22,500 I Chase Ink 21K I B of A World Points $20,500 I B of A Bus MasterCard 16k I Amex SPG 3K.

JonStur · ‎12-08-2013

@rlx01 wrote:
I have FC. It's... Okay. The AF is $295 if you get a referral.

IMHO, only useful if you have AT&T (15% off), or use UPS to ship. You do get CX gold and VS silver, which are reasonable.

Seems like there are some airline perks also...

Starting Score: TU 595 EX 600 EQ 585
Current Score: TU 820 EX 825 EQ 812
Goal Score: 800 Club (Mission Accomplished)
Amex Platinum, Amex BCP $17.5K, 5/3 Sig $10K, Capital One Quicksilver 15K, Walmart 10K, US Bank Cash+ 15K, Sam's Club 10K, Chase Freedom $6K, Discover More $15K, Chase United Club MileagePlus $33K, Costco $6K, CapOne Quicksilver One $7K, Cap One Quicksilver $5K, Amazon $3K, Barclays $12.5K, Home Depot $7.5K, AppleCard $6K

juggalo9er · ‎12-08-2013

15% for a 295 af, i get 30% just for working for time warner

awp317 · ‎12-09-2013

Called in and applied. They took my CC info incase I was approved. Got an email today saying I was, I know its not a credit card. But the perks alone may make me downgrade my platinum to a gold as the AF seems to go a lot farter with this card than it does on amex, especally witht he 2014 perk reductions on the platinum.

Amex Platinum NPSL I Chase Sapphire Reserve 78K I Chase Freedom U 55k I JP Morgan Ritz 50k I B OF A Cash Rewards 50k I Barclay Black Luxury 43,750 I Capital One QuickSilver 40K I Amex BCP 34k I Amex Optima Platinum 30k I Barclays Arrival+ World E 29k I Merril+ 27,800 I Lowes 25k I Pen Fed PR Visa Sig 20K I Home Depot 17k I NFCU Cash Rewards 8k

Amex Biz Platinum NPSL I Lowes Business 42k I Amex Simply Cash + $22,500 I Chase Ink 21K I B of A World Points $20,500 I B of A Bus MasterCard 16k I Amex SPG 3K.

Luscher · ‎12-09-2013

BTW, Founderscard is not a credit card. It is strictly a perks only card. VIP access, Discounts etc.... the annual fee next year is going up to 595 also so keep that in mind when applying

killer_queen229 · ‎12-09-2013

I would never apply for something with that high of a fee... Eek.

alvon123 · ‎12-09-2013

@awp317 wrote:
Called in and applied. They took my CC info incase I was approved. Got an email today saying I was, I know its not a credit card. But the perks alone may make me downgrade my platinum to a gold as the AF seems to go a lot farter with this card than it does on amex, especally witht he 2014 perk reductions on the platinum.

congrats on your approval