I recently seen an advertisement for what I believe to be a new Discover card... The Continental Finance Cerulean Credit Card
It seems like a great alternative to first premier and capital one for those with bad credit, no credit or rebuilding.
What does everyone else think about this?
I think you'd be better off borrowing from the italian mob. Let's see .. annual fees totalling $219 for a $300 CL card that has a 30% CLI fee ($30 for every $100 increase) and 29.99% APR. Add to that a $4.95/mo paper statement fee and DID I MENTION THIS IS A SECURED CARD? Wow. This piece of **bleep** is worse than CreditOne.
These cards are garbage...even CreditOne would be a better option.
I most recently recieved the card with a $300 limit. I sent a payment in and it took almost 10 days before the payment posted to the account. I don't plan on using this card much, but needed a reboost on my credit score. I will definitely get rid of it at the end of 12 months, just not worth the hassle.