Reply
Frequent Contributor
sweettea
Posts: 351
Registered: ‎07-13-2013
0

Re: Prime cards??

I was wondering the same thing a little while ago when I noticed the term tossed around a bit in my readings. Prime cards seems to be cards in either or some combination thereof

1) issued from the major banks
2) not easy to get (ie, must have long credit history, have established high limits on other existing cards, no bad marks on credit, must be a member in order to obtain, etc)
3) typically offers better than usual rewards program and additional perks

The cards may or may not have an annual fee.

I don't worry on it personally. There are certain banks it would be a cold day in hell before I would even app to carry their cards, but others sing their praises and consider holy grail cards to obtain. I have a long memory when I'm not treated well or treated like I should be thankful that they are holding my money. Fortunately, there are a number of issuers of different card types, so everyone is free to choose which card to carry in their wallets.

Past - CH7 BK Discharged 01/09 | Rebuild Started 05/12 Present - All IIBs GONE! Future - 2015 Mortgage
Frequent Contributor
LawStudentCivilis
Posts: 311
Registered: ‎06-14-2013
0

Re: Prime cards??


prabs99 wrote:

I cannot seem to qualify for Chase. I think they hate me, I have a checking and savings with them for 8 years now.


That's odd. Chase has an odd way of doing things sometimes. Do they ever list reasons for their rejections?

Established Contributor
Brusilov
Posts: 611
Registered: ‎01-04-2009
0

Re: Prime cards??

Well I know Chase hates me! :smileyvery-happy:  They and Providian (turned into Wamu, then Chase) are the only ones I've burned.  I am fairly sure they blacklist.

                    
    $17.3K          $500              $7K              $15K              $5K             $2300          $3200          $2000          $1500          $1000           $8100

Garden Since: 9.25.2013
Contributor
prabs99
Posts: 84
Registered: ‎05-24-2013
0

Re: Prime cards??


LawStudentCivilis wrote:

prabs99 wrote:

I cannot seem to qualify for Chase. I think they hate me, I have a checking and savings with them for 8 years now.


That's odd. Chase has an odd way of doing things sometimes. Do they ever list reasons for their rejections?


Not enough credit history. Even though I have had my Amex since 1998. My AAoA is 5 years.

FICO (Discover) 767
Frequent Contributor
LawStudentCivilis
Posts: 311
Registered: ‎06-14-2013
0

Re: Prime cards??


prabs99 wrote:

LawStudentCivilis wrote:

prabs99 wrote:

I cannot seem to qualify for Chase. I think they hate me, I have a checking and savings with them for 8 years now.


That's odd. Chase has an odd way of doing things sometimes. Do they ever list reasons for their rejections?


Not enough credit history. Even though I have had my Amex since 1998. My AAoA is 5 years.


Well that can't be it then. You should definitely call for a recon next time you app. I'm sure you would be approved.

Contributor
prabs99
Posts: 84
Registered: ‎05-24-2013
0

Re: Prime cards??


LawStudentCivilis wrote:

prabs99 wrote:

LawStudentCivilis wrote:

prabs99 wrote:

I cannot seem to qualify for Chase. I think they hate me, I have a checking and savings with them for 8 years now.


That's odd. Chase has an odd way of doing things sometimes. Do they ever list reasons for their rejections?


Not enough credit history. Even though I have had my Amex since 1998. My AAoA is 5 years.


Well that can't be it then. You should definitely call for a recon next time you app. I'm sure you would be approved.


I hate to waste a HP. Funny thing is I still havent seen a HP from my Wells Fargo (3 mo) and PenFed  (1 mo) applications.

FICO (Discover) 767
Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013
0

Re: Prime cards??

[ Edited ]

prabs99 wrote:

LawStudentCivilis wrote:

prabs99 wrote:

LawStudentCivilis wrote:

prabs99 wrote:

I cannot seem to qualify for Chase. I think they hate me, I have a checking and savings with them for 8 years now.


That's odd. Chase has an odd way of doing things sometimes. Do they ever list reasons for their rejections?


Not enough credit history. Even though I have had my Amex since 1998. My AAoA is 5 years.


Well that can't be it then. You should definitely call for a recon next time you app. I'm sure you would be approved.


I hate to waste a HP. Funny thing is I still havent seen a HP from my Wells Fargo (3 mo) and PenFed  (1 mo) applications.


Have you checked all three CRAs? 

Contributor
prabs99
Posts: 84
Registered: ‎05-24-2013
0

Re: Prime cards??

Just TU and EQ. I havent pulled EXP.

FICO (Discover) 767

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}