09-16-2012 12:04 PM
Tommy5746 wrote:
jsucool76 wrote:
rootpooty wrote:
I don't know about that. To my knowledge the ring is a no rewards low apr cc
That's what it says on the site
So, basically... If Barclay does good in the market and you have the ring card, they give you back a small portion of what they've earned? I'm a little confused!
No, it says in the T&Cs that their actual profits don't matter, they estimate what their profits are going to be or something, no clue really. ...I really don't understand it
Hoping a current cardholder can explain
09-16-2012 12:06 PM
jsucool76 wrote:
Tommy5746 wrote:
jsucool76 wrote:
rootpooty wrote:
I don't know about that. To my knowledge the ring is a no rewards low apr cc
That's what it says on the site
So, basically... If Barclay does good in the market and you have the ring card, they give you back a small portion of what they've earned? I'm a little confused!
No, it says in the T&Cs that their actual profits don't matter, they estimate what their profits are going to be or something, no clue really. ...I really don't understand it
Hoping a current cardholder can explain
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Oooohhhh.. Well, if thats the case then thats even better! Hopefully a card holder can clear this up for us.. im interested in learning more about this card!
09-16-2012 12:32 PM
"Ohh boy i really need to stop!!!!"...............ROTFL, I'm in the same position. I was just approved for AMEX, CHASE, WALMART and BELK (Both are GE Cards). Now that my app spree was successful, I want to app for the Lexus Financial Credit Card to earn points when I have my car serviced. Now I have a delimma, in total I have CAP 1 CC my CU CC and the four listed above. I'm not sure if apping for one more is pushing it. Spoke with Rep at Lexus and they have the option to RECON if denied. Any thoughts? My CU just released the funds from my secured CC and made the limit $2k.
09-16-2012 12:40 PM
Snoopy7 wrote:"Ohh boy i really need to stop!!!!"...............ROTFL, I'm in the same position. I was just approved for AMEX, CHASE, WALMART and BELK (Both are GE Cards). Now that my app spree was successful, I want to app for the Lexus Financial Credit Card to earn points when I have my car serviced. Now I have a delimma, in total I have CAP 1 CC my CU CC and the four listed above. I'm not sure if apping for one more is pushing it. Spoke with Rep at Lexus and they have the option to RECON if denied. Any thoughts? My CU just released the funds from my secured CC and made the limit $2k.
Youre probably pushing it.. not so much because of the credit cards you have, but because of the recent inq's and credit cards themselves which are going to temp drop your score.. i would garden for about 6 months and then app... with the new cards reporting your credit should bounce back in 6 months
09-16-2012 01:16 PM
09-16-2012 01:28 PM - edited 09-16-2012 01:28 PM
Eh, even if you only get a little bit back, for a low APR card with no AF it's a good deal. Especially only $1 for cash advances, lol.
Edit: No one should take that to mean that taking a cash advance is a good idea lol
09-16-2012 01:42 PM

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