My wife got a first premier card one year ago with the purpose of rebuild. We knew it was expensive annual fee, etc.
Today when I logged in to pay off her small balance (1 year mark)... there is a gigantic banner...
... New Card is 36% APR - $700 Credit Limit with $175 Annual Fee and then $49 second year plus $14.50 per month ($174 annually)
LOL... ok.. so she managed her $400 credit line perfectly all year... and you want her to get ANOTHER CARD... WOW.
I gotta admit.. this card looks more attractive then her original card with them. If she were to get this card and keep the old card.. she would be paying $300/year for $1100 in credit line. Eeeks!
@dallasareaguy wrote:My wife got a first premier card one year ago with the purpose of rebuild. We knew it was expensive annual fee, etc.
Today when I logged in to pay off her small balance (1 year mark)... there is a gigantic banner...
... New Card is 36% APR - $700 Credit Limit with $175 Annual Fee and then $49 second year plus $14.50 per month ($174 annually)
LOL... ok.. so she managed her $400 credit line perfectly all year... and you want her to get ANOTHER CARD... WOW.
I gotta admit.. this card looks more attractive then her original card with them. If she were to get this card and keep the old card.. she would be paying $300/year for $1100 in credit line. Eeeks!
LOL - thats First Predator for ya..... If her scores are in the upper 500s to low 600s she should app with Capital One.
@Anonymous wrote:
@dallasareaguy wrote:My wife got a first premier card one year ago with the purpose of rebuild. We knew it was expensive annual fee, etc.
Today when I logged in to pay off her small balance (1 year mark)... there is a gigantic banner...
... New Card is 36% APR - $700 Credit Limit with $175 Annual Fee and then $49 second year plus $14.50 per month ($174 annually)
LOL... ok.. so she managed her $400 credit line perfectly all year... and you want her to get ANOTHER CARD... WOW.
I gotta admit.. this card looks more attractive then her original card with them. If she were to get this card and keep the old card.. she would be paying $300/year for $1100 in credit line. Eeeks!
LOL - thats First Predator for ya..... If her scores are in the upper 500s to low 600s she should app with Capital One.
+1. I cringe every time I see this card. There are much better options than these crooks. SDFCU secured. 6.99% apr. Everyone approved as long as Chexsystems is clear and yes, Capital One should be top choices for rebuilders.
I get that offer from them about once every two months. I also get an offer from a finance company to borrow 1900 for two years and pay $900 in interest. Instead of offers that are slightly better than my current situation, I get offers that are much worse.
@Anonymous wrote:
@dallasareaguy wrote:My wife got a first premier card one year ago with the purpose of rebuild. We knew it was expensive annual fee, etc.
Today when I logged in to pay off her small balance (1 year mark)... there is a gigantic banner...
... New Card is 36% APR - $700 Credit Limit with $175 Annual Fee and then $49 second year plus $14.50 per month ($174 annually)
LOL... ok.. so she managed her $400 credit line perfectly all year... and you want her to get ANOTHER CARD... WOW.
I gotta admit.. this card looks more attractive then her original card with them. If she were to get this card and keep the old card.. she would be paying $300/year for $1100 in credit line. Eeeks!
LOL - thats First Predator for ya..... If her scores are in the upper 500s to low 600s she should app with Capital One.
It's funny.. her scores are 580-620 across the board.. and she has had a secure capone card with $500 limit that she has handled appropriately. At the one year mark when I did the same thing I got a QuickSilver for $300 and grew it from there... but they will NOT approve her for an unsecured card yet... where my similar profile, they did. I'm really quite shocked with a year under her belt with the secured card that they declined a small limit QS1. Not sure.
Needless to say we are not getting this First Premier "Second Card" as they call it.
Walmart approved her for a $500 card.... but Cap One wouldnt give her a QS1 $300.... we'll keep pluggin away.. we're doing my credit hardest first.
@baller4life wrote:
@Anonymous wrote:
@dallasareaguy wrote:My wife got a first premier card one year ago with the purpose of rebuild. We knew it was expensive annual fee, etc.
Today when I logged in to pay off her small balance (1 year mark)... there is a gigantic banner...
... New Card is 36% APR - $700 Credit Limit with $175 Annual Fee and then $49 second year plus $14.50 per month ($174 annually)
LOL... ok.. so she managed her $400 credit line perfectly all year... and you want her to get ANOTHER CARD... WOW.
I gotta admit.. this card looks more attractive then her original card with them. If she were to get this card and keep the old card.. she would be paying $300/year for $1100 in credit line. Eeeks!
LOL - thats First Predator for ya..... If her scores are in the upper 500s to low 600s she should app with Capital One.
+1. I cringe every time I see this card. There are much better options than these crooks. SDFCU secured. 6.99% apr. Everyone approved as long as Chexsystems is clear and yes, Capital One should be top choices for rebuilders.
SDFCU will not let you open a checking account with dings on your Chex BUT they will let you open a savings account then with that you can get a secured card through them. Great bank too
