Credit Cards

[Default4]

I got a pre-approval offer in the mail today for a $700 limit minus a $175 annual fee for the first year. The fee is only $49 for every year after. I think my favorite part was the 36% interest rate. All I could do was laugh. I'm not sure why they even bothered considering my FICO is around 700 and I have three cards that I think the vast majority of people would consider prime. (Cap1 with no af, Discover It, and Amex Green...) Oh well, at least they gave me a good laugh.

[LS2982]

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Default4 wrote:

I got a pre-approval offer in the mail today for a $700 limit minus a $175 annual fee for the first year. The fee is only $49 for every year after. I think my favorite part was the 36% interest rate. All I could do was laugh. I'm not sure why they even bothered considering my FICO is around 700 and I have three cards that I think the vast majority of people would consider prime. (Cap1 with no af, Discover It, and Amex Green...) Oh well, at least they gave me a good laugh.

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Yea that their latest offer. Hilarious!

[gettnthere]

I think i just got that same offer last week, i laughed so hard my stomach hurt and then had to stop long enough to put it in the shredder

[Repo-ed]

I believe I got that in the mail, as well.  Along w/ those 536% sameday loan offers - ugg

[youngmoneyok]

The smaller banks should really catch up to the bigger ones. Their credit card are never that great and they usually make it super hard to get one of theirs. 

[sk8rmom56]

One of those came to my house too. Only on top of the other fees  insane fees there is a $10.95 monthly as well! I can only hope that anyone considering this card  checks out every other possibility before applying for this, Just sit back a minute and think about it, just having a card for the sake of having one isn't always worth it. 

[lithium78]

In my early ignorant days of attempting to rebuild my credit, I applied for and was approved for a First Premier card.  When it arrived in the mail and I looked at the actual terms of the card, I was so shocked that I actually called them to confirm that these were actually the fees and rates.  I closed the card without ever activating it, so I didn't have to pay for it, but I still ended up taking a hard pull for it and it remains as a TL on my CRs.  Now that I am an informed person, I'm embarrassed that First Premier is on there and I can't wait for it to age off my CRs.

[CS800]

Now I feel left out.

I have never gotten an offer from FP

[Dadaluma83]

I already have the Discover More, currently have United Explorer and Citi AA cards. With these prime cards I should expect a nice pre approval offer from First Premier right? I mean after all they have "Premier" in their name so it should be good right?

[injustifiiable]

I got one of these offers when my credit was REALLY in the dumps in 2006...not knowing any better, I fell for it.

Let's just say....December 2013 will be a glorious month...when this BS falls off my reports.