Reply
Frequent Contributor
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
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
Posts: 616
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
Regular Contributor
Posts: 104
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
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.

Regular Contributor
Posts: 104
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
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? 

Regular Contributor
Posts: 104
Registered: ‎05-24-2013
0

Re: Prime cards??

Just TU and EQ. I havent pulled EXP.

FICO (Discover) 767
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.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.