Elcid89 wrote:yw. I don't have the card, so i can't speak from experience, but every disclosure that I could find about it indicated the same ~24% rate. If they offer deferred interest on purchases (virtually every GERCB card seems to) or you have the ability to pay in full, it might not be a bad deal.
I have a Target Redcard for the same reason - 5% discount. I don't even treat it like a credit card. I treat it like a discount card. I pay at the register with the Redcard to get the 5% discount, then walk over to customer service and immediately pay it off. I'm just not paying somebody that sort of usurious rate.
The best part? With my scores, credit report and $335k in income, Target approved me for (wait for it ...) $500. I almost broke down laughing then and there.
If you're going to the trouble of paying it every time you visit, just get the debit card instead. It starts with an internal limit of around $300, but it gets higher as you use it.
The best part? With my scores, credit report and $335k in income, Target approved me for (wait for it ...) $500. I almost broke down laughing then and there.
LOL, that is a good one. If not for the 5%, I would have burned the application in the store. So if someone makes 33.5k a year, the starting limit would be 50 Dollar ... unbelievable ...
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