Credit Card Center Advertiser Disclosure†
12-07-2012 09:28 AM
Just curious where Barclays falls in the hierarchy of banks.
It would be cool if there was a list somewhere.
12-07-2012 10:20 AM
12-07-2012 10:27 AM
Middle of the chain... imo
I guess it all depends on what you mean by prime!
IMO, most big banks have a mixture of cards. Some banks started in different places, so Capital One is more associated with "subprime" but has a number of prime cards. Other banks have a reputation as being very conservative about granting credit, e.g. PenFed, so some might consider them more prime than others.
Amex gives low CL card to fairly low scorers, and very high (internal or external) CLs to good scorers, but people tend to ignore the lower end stuff and consider them prime.
I suspect the best definition of "prime" on this forum is "A bank that gave me a card I am proud of" (and of course pride is determined by the user's impression of prime).
Re Barclays: Very big bank in the UK, lots of recent trouble with US/UK regulators, LIBOR scandal and CA Energy equity manipulations. So actually a near criminal enterprise, but that doesn't necessarily impact their US credit cards!
12-07-2012 10:30 AM
12-07-2012 11:03 AM
I was thinking about appin gfor there Rewards card as a step up from my Capital One/HSBC cards. I guess use it more like a step towards a Amex in the future.
12-07-2012 11:22 AM
I would agree middle of the road, they don't have any cards I know of that are really good, and considering my friend with a 520 score still has her barclay card open I would say not prime =p
12-07-2012 11:48 AM
I would agree middle of the road, they don't have any cards I know of that are really good
What do you mean! If you are willing to move:
"For a limited time, while stocks last, a free Mr B toy once your application is approved" Priceless.
Very fancy rewards structure:
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.