Wolf3 wrote:
jsucool76 wrote:So, lets just talk this out a bit...
We have a thread like this...basically once a week (it feels like) and we all say the same things. Half of the people argue "prime" doesn't apply to the card itself, the other half actually list lenders that fit into the category the OP asked about.
While You all may be right that neither "prime" nor "subprime" describe the card/lender...we all know what the OP is actually asking about. Why not just answer the question?
It is not clear whether the op means "cards for people with only prime credit" or "very good CC from customers point of View". This ambiguity makes for a lot of arguments. I think the first question is not that interesting. There is no one answer to the second question, since it depends on the needs, wants, and spending patterns of the customer.
I find it great fun to poke at those who worship at the feet of the all and mighty OZ (Amex).
Or the OP might actually be asking the question "what credit cards are not considered prime" just like the thread title and as per the question at the top of the post.
Poke away, I doubt they (AMEX or cardholders) care. And it's not the feet, it's the pretty pretty plastic. 
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bs6054 wrote:
stormb28 wrote:
Revelate,
Those are all subprime? I couldnt get not a single one of them @ this point in time.subprime doesn't necessarily mean "anyone can get them". There's discussion here of being rejected even for secured cards. I think revelate's point is that all those cards are available to some applicants with below average credit.
That's what I was getting at; there are of course different strata of borrowers in subprime, namely when I started I was at least deep subprime and maybe worse than that when it comes to my credit with no shot at any of the cards I listed. Also there's technically categories higher than prime too, but when a below prime borrower (that would be me for reference) can obtain a card then I think it's reasonable to conclude that the lender has a product designed for subprime borrowers.
Granted it's not always clear cut, the Freedom goes right up to Signature level and beyond, but also all the way down to $500; I'm guessing if I applied and were approved I'd be somewhere in the middle, but I may be down at the $500 level too and it wouldn't surprise me to receive a limit down there either, though I suspect I could get approved for one if I applied in Chase's case. Not so certain on the Citi Forward but others in similar circumstances have been approved for it.
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Well when I read the description of the thread, I thought about perception of what the general population thinks. Most people outside of this forum wouldn't know about the majority of things discussed in this thread. Such as its not the card but the offer given to you on that card that makes it prime vs sub prime. So a person not fortunate to be a member here might think that a Cap1 card with an AF, 25% apr and dang near no possiblity of an increase is better than an FP card with 5% cash rewards, low apr and no AF (HaHa!! must be drinking tonight to make that up) just because of the popularity of Cap1.
But in this case Cap1 is not the prime card but FP is. This is just because of the "perception" of Cap1 with all of their commercials and advertising.
So now that I am much more savvy by being a member here and learning about all of this stuff, I could care less what the perception is versus what's better for my purse. And yes if it were true I'd proudly carry that FP card around 
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