HSBC, BestBuyMC and Cap1 - your thoughts

[Anonymous]

Does it take anyone at HSBC less than 10 days to do anything?

I do NOT like the way HSBC reports - takes my cards out of usage for 15 days so I don't kill util.  They are making their way to the dump list at a fast pace.

Cap1 at least reports upon statement - and now reports CLs -- service isn't the most pleasant but then I don't deal with them much.  W/O a LARGE CLI before July - they will be dumped.

You all have given me the courage to take no prisoners when it come to CCs.

[John060675]

Good view on things!  Sometimes it is hard to realize, but CC companies need us, not vice versa.

Take no prisoners!

[Anonymous]

My prob with HSBC is that you never know what balance they are going to report.  I just paid mine off and will not use my BB MC again until I am sure it has reported the 0 balance.  Too bad since I love my rewards.  Will use the store card this weekend since I need a new dishwasher and can get 6 mso same as on it.

[Anonymous]

Would a 9.9% fixed APR, no AF card be a good swap for those 3?  No rewards though.

[Anonymous]

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Lady_Scarlet wrote:

Would a 9.9% fixed APR, no AF card be a good swap for those 3?  No rewards though.

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For cards you plan to carry a balance on, I would go for the lower rate.  Carrying a balance usually ears up any rewards bennies in the long run. If you have rewards cards use the for pif purchases

[Anonymous]

I have given up on my HSBC cards until the AF is due next year-

[Anonymous]

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Timothy wrote:
I have given up on my HSBC cards until the AF is due next year-

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Luckily, my 2% doesn't have an annual fee but I think I will be giving up my BB MC come April. It does have a 39.00 AF though I think with a little finese, I ca nearn more in rewars than the AF but the financing deals are better with the store card.

[Anonymous]

Last week, I requested my Capital One card be canceled.  From what I was told, it will take 2 billing statements (with a $0 balance) from the time of request for the account to be closed.   My credit line was $9000. It had a 9.9% APR, no AF, and an absolutely crappy rewards program.  My problem with Capital One was that they could never compete with my other cards in terms of credit lines, APRs, and rewards programs.  I didn't hate Capital One--I was just always apathetic about the card. 

[Anonymous]

Why close if it is not costing you anything?

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@Anonymous wrote:

Last week, I requested my Capital One card be canceled. From what I was told, it will take 2 billing statements (with a $0 balance) from the time of request for the account to be closed. My credit line was $9000. It had a 9.9% APR, no AF, and an absolutely crappy rewards program. My problem with Capital One was that they could never compete with my other cards in terms of credit lines, APRs, and rewards programs. I didn't hate Capital One--I was just always apathetic about the card.

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[John060675]

Psychic,

I would keep it open and just sock drawer it.  That is a huge CL to just throw away.