Credit Card Center Advertiser Disclosure

Reply
Member
Posts: 12
Registered: ‎03-19-2017

Who else wants a metal card?

I have been thinking about everyone getting approved for their metal cards and I'm getting itchy trigger finger. Right now my scores are up from last year when they were in the 540 range. I'm wll into the low 600's now.. For some reason ck has me at 590 but I know thats no where near accurate. Only one baddie from this year (Jan.), a 30 day late on my CreditOne. A couple of old CO's that I am going to dispute. I plan on closing that as soon as I get another card. . Are there any metal cards that are available via the SCT? Or any secured metal cards available with a reasonable APR? I dont like to pay interest and one late payment and BAM the fees and charges add up.

Thanks for all your inspiration.

Frequent Contributor
Posts: 318
Registered: ‎07-18-2015

Re: Who else wants a metal card?

[ Edited ]

While I wouldn't get a card simply for it being metal, It was a nice surprise to get a metal platinum card.  It is easily the best card I have owned in terms of looks/feel.  It is way better than the CSR in that regards.  I was also surprised to see my GF (authorized user) get the metal card as well.  I definitly would have thought it was only for the primary account holder.

 

If you simply want a metal card you can use https://metal-creditcard.com

Valued Contributor
Posts: 1,284
Registered: ‎01-19-2015

Re: Who else wants a metal card?

Would you mind providing your current FICO scores, revolving accounts, installment accounts, avaerage age of accounts, utilization on revolving accounts, number of inquires and any collections/derogatory accounts. You could probably get better guidance or suggestions with more information...thanks!!...

AmexPlat(NPSL) Amex BCP(26k) BofA CR Siggy(15k) NFCU CLOC(15K) AmexOpt (13.1k AU) NFCU VS Cash(12.5K) Venture WMC(10.25k) Walmart(10k) BofA BBR(10k) Lowes(10K) Discover(8.5k) Chase FU(7k) Pier 1(6.5k) BB Visa(6k) Care Credit (6k) J Crew(5.6k) Citi Diamond(5.5k) Barclaycard(5k) PenFed PCR(5K) Kohls(3k) Mortgage May 2017 - 2 Penfed auto loans May 2017

FICO 8 Scores EX 722(15) EQ 688(17)TU 717(18) AAOA 3.0yrs TCL=179,950
Frequent Contributor
Posts: 274
Registered: ‎01-12-2017

Re: Who else wants a metal card?

None that I can think of. 

Senior Contributor
Posts: 6,742
Registered: ‎04-11-2016

Re: Who else wants a metal card?

The OP has credit scores somewhere between the high 500's and low 600's and just had a late payment 3 months ago.  The last thing he needs to be thinking about right now is applying for more credit, especially with the main focus being the material that the card is made out of.

 

Your primary focus should be making on-time payments.  That 30-day late if you can't get it removed is going to keep your scores buried in the low-mid 600's (tops) for the next year or two which is out of range for applying for prime cards.  I'm not sure if you have any other lates or negative items prior to the Credit One delinquency you mentioned from this past January, but if so working on getting those removed is going to be paramount to improving your credit profile and scores.

Established Contributor
Posts: 914
Registered: ‎10-02-2015

Re: Who else wants a metal card?

Metal cards are premium cards.  SCT is usually comenity which isn't premium.

Established Contributor
Posts: 923
Registered: ‎01-16-2017

Re: Who else wants a metal card?

Don't metal cards come with annual fees? If so no I  don't want one.  

January 15 2017 Experian 527 Transunion 528 Equifax 529
August 1 2017 Experian 702, Transunion 711, Equifax 715

BOA Cash Rewards, AMEX BCE, AMEX PRG, AMEX Ameriprise Platinum, AMEX SPG, CITI AADvantage Platinum, Chase Southwest Premier, Chase Southwest Plus, Barclay Arrival +, Barclay AAdvantage Red Aviator, USAA Prefered Cash Rewards , Cap One Quicksilver, Lendup L card, JCrew, Pottery Barn, Express, NFCU Go Rewards.. 130k total credit lines.
Valued Contributor
Posts: 2,070
Registered: ‎01-10-2016

Re: Who else wants a metal card?

Couldn't have said it better Brutal,

Where your scores are you won't get near a metal card, be focused on sending GW letters to whoever you have late payments from. Metal cards are usually premium cards with good perks/sign up bonuses, so they have high APR.

My advice to you is... don't get a card simply because it's metal, get it because of what the perks can do for you.
Regular Contributor
Posts: 170
Registered: ‎02-16-2017

Re: Who else wants a metal card?


atomicfront wrote:

Don't metal cards come with annual fees? If so no I  don't want one.  


Yes and no. Technically the Amazon Prime Rewards VISA does not have an annual fee attached to the card. However, you need to be an Amazon Prime member ($99/yr membership fee). But for people like me, longtime Prime members, it was a non-AF metal card. Also, Cap1 has the Venture card in metal now which has a $59 AF, but it is is waived the first year (and from my experience Cap1 retention department will continue to waive the $59 if you frequently use the card). In general, most metal cards are of the $450+ AF variety.

 

For the OP, considering your score and recent history, getting a metal card should be the last thing you are thinking about. I know the itch, I was very excited for my metal Amazon card. However, when you're still in the low 600s and below, work on the basics to raise your score (on time payments, aaoa, low util, etc) before worrying about luxuries like metal construction.

EQ: 750 TU: 757 EX: 734 Goal: 800+
Total Credit: $34,800 | Utilization: $900 / 2.6%
Valued Contributor
Posts: 2,046
Registered: ‎02-05-2016

Re: Who else wants a metal card?


BrutalBodyShots wrote:

The OP has credit scores somewhere between the high 500's and low 600's and just had a late payment 3 months ago.  The last thing he needs to be thinking about right now is applying for more credit, especially with the main focus being the material that the card is made out of.

 

Your primary focus should be making on-time payments.  That 30-day late if you can't get it removed is going to keep your scores buried in the low-mid 600's (tops) for the next year or two which is out of range for applying for prime cards.  I'm not sure if you have any other lates or negative items prior to the Credit One delinquency you mentioned from this past January, but if so working on getting those removed is going to be paramount to improving your credit profile and scores.


+1. Well said. 

OP, we all like the metal cards but I can't get one either. You really need to put all your efforts into getting that late payment removed. That will drag you down for years to come.


Experian: 674 (33) | TransUnion: 694 (34) | Equifax: 692 (6)
Gardening as of: 5-30-2017
Updated 9-14-17

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† 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.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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.