Got a "pre-qualified" letter from US Bank today, dangling their Visa Platinum Card. It looks very attractive: 0% APR on initial purchases for 12 months, afterwards prime plus 5.99% (which is pretty lame); 0% APR for BT's for 12 months with NO balance transfer fee if you BT on application, otherwise, there's a fee; no annual fee with at least one purchase per year, otherwise a $40 fee. They do retain the option to practice universal default. Hmmmm.
According to WhoGaveMeCredit, US Bank is one of the toughie cards. There aren't that many entries for it, and quite a few no's. But then, there are some pretty messy histories there. Financeglobe.com wasn't particularly helpful, either.
I wouldn't mind having a 0% initial purchase APR on a Visa. DD#2 seems to be headed to Ireland this summer, and she only has a MasterCard. I'm looking around for a Visa that I can AU her on. (Lots of feedback on another thread to forget AmEx and Discover.)
But so far, I don't see anything incredibly wonderful about either the bank or the card. I think ByrdMan worked there back in the day, but not on the CC side. It's HQ'd in Minneapolis, and they do have the Northwest Airlines WorldPerks card.
Anyone have any experience with these guys?
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007