topic Re: Fort Knox 5% Gas Card in Credit Cards

Fort Knox 5% Gas Card

baller4life — Thu, 15 Oct 2015 14:01:01 GMT

Anybody with any current info on this card? Looking for a new gas card since Barclays and I are divorced.

http://www.fortknoxfcu.org/visa.html

Open membership thru American Consumer Council

Re: Fort Knox 5% Gas Card

Anonymous — Thu, 15 Oct 2015 14:21:29 GMT

@baller4life wrote:
Anybody with any current info on this card? Looking for a new gas card since Barclays and I are divorced.

http://www.fortknoxfcu.org/visa.html

Open membership thru American Consumer Council

Not necessarily current but there were reports of people being denied for not being in the service area

Re: Fort Knox 5% Gas Card

baller4life — Thu, 15 Oct 2015 14:23:14 GMT

Thx LTL. I heard that too but verified that those out of state can get card with max of $2,500 for 1st year. Then it can grow up to $25k.

Re: Fort Knox 5% Gas Card

Anonymous — Thu, 15 Oct 2015 14:30:31 GMT

I know nothing about the Knox, but what about PenFed? I think it requires a direct deposit, but most people have fairly steady gas bills, so you can just DD the approximate amount you use per month to get past that.

Re: Fort Knox 5% Gas Card

BobbyJ — Thu, 15 Oct 2015 14:31:19 GMT

I am a member of Fort Knox FCU and have had the card since 2011. I joined through the American Council in 2011. I live in San Diego, California. The card is great for the 5% cash back on gas and 1% on everything else. They mainly pull TU for credit.

Re: Fort Knox 5% Gas Card

baller4life — Thu, 15 Oct 2015 14:36:32 GMT

@Anonymous wrote:
I know nothing about the Knox, but what about PenFed? I think it requires a direct deposit, but most people have fairly steady gas bills, so you can just DD the approximate amount you use per month to get past that.

Penfed is definitely on my 2016 list. Waiting till my EQ is clean before I join.

Btw, you don't have to have dd for the 5% gas. Below are other ways to qualify.

Re: Fort Knox 5% Gas Card

Anonymous — Thu, 15 Oct 2015 14:37:08 GMT

@Anonymous wrote:
I know nothing about the Knox, but what about PenFed? I think it requires a direct deposit, but most people have fairly steady gas bills, so you can just DD the approximate amount you use per month to get past that.

It doesn't require direct deposit in that sense, to get 5% you need a "qualifying account" which can be a small ($25?) money market account. No need to DD every month

Re: Fort Knox 5% Gas Card

baller4life — Thu, 15 Oct 2015 14:37:09 GMT

@BobbyJ wrote:
I am a member of Fort Knox FCU and have had the card since 2011. I joined through the American Council in 2011. I live in San Diego, California. The card is great for the 5% cash back on gas and 1% on everything else. They mainly pull TU for credit.

Thank you! Exactly the info I'm looking for.

Re: Fort Knox 5% Gas Card

Anonymous — Thu, 15 Oct 2015 14:44:37 GMT

DD always seemed like the easiest option to me, but if you don't have split DDs through your employer, it could be a pain.

Re: Fort Knox 5% Gas Card

slicemans — Thu, 15 Oct 2015 15:49:13 GMT

It not a easy card to get. I was still declined with good scores 750 range( no baddies). I got approved for penfed instead

Re: Fort Knox 5% Gas Card

baller4life — Thu, 15 Oct 2015 15:54:29 GMT

@slicemans wrote:
It not a easy card to get. I was still declined with good scores 750 range( no baddies). I got approved for penfed instead

Whoa! That's pretty scary. I should probably just wait for Penfed next year and use BOA Cash Rewards in the interim. It's 3% gas. SM is sd and gets no luv from this broad.

Re: Fort Knox 5% Gas Card

JLK93 — Fri, 16 Oct 2015 00:59:07 GMT

@baller4life wrote:
@slicemans wrote:
It not a easy card to get. I was still declined with good scores 750 range( no baddies). I got approved for penfed instead
Whoa! That's pretty scary. I should probably just wait for Penfed next year and use BOA Cash Rewards in the interim. It's 3% gas. SM is sd and gets no luv from this broad.

I would definitely wait for Penfed.

If you still want Fort Knox after that, go for it. Be prepared to jump through some hoops. I don't have Fort Knox, but I seem to remember that some people have experienced a lengthy application process.

Re: Fort Knox 5% Gas Card

Anonymous — Fri, 16 Oct 2015 11:33:18 GMT

If you have Sallie, why wouldn't you give it love?

Re: Fort Knox 5% Gas Card

baller4life — Fri, 16 Oct 2015 12:03:49 GMT

@Anonymous wrote:
If you have Sallie, why wouldn't you give it love?

Personal preference not to do business with Barclays. I don't agree with their tactics. SM is sd where it will stay. I'm going to app Sam's MC next weekend. Will be able to kill two birds with one stone. 5% gas and 3% dining. Awesome card!

Re: Fort Knox 5% Gas Card

NRB525 — Fri, 16 Oct 2015 12:43:21 GMT

SC MC Rewards are paid out once per year?

Re: Fort Knox 5% Gas Card

baller4life — Fri, 16 Oct 2015 12:57:36 GMT

Yes rewards paid out once a yr. I'm ok with that. Have a nice fat check to look forward to every year!

Re: Fort Knox 5% Gas Card

takeshi74 — Fri, 16 Oct 2015 13:08:09 GMT

Re: Fort Knox 5% Gas Card

takeshi74 — Fri, 16 Oct 2015 13:18:48 GMT

@Anonymous wrote:
DD always seemed like the easiest option to me, but if you don't have split DDs through your employer, it could be a pain.

I can certainly split DD's with my employer but doing so is a pain versus having it all in the one checking account I've been using that is not a PenFed account. The MMSA is much easier for me since it's minimal requireent is a one time $25 deposit but it's a YMMV matter. There are multiple qualifying products and each has to decide for the individual.

@Anonymous wrote:
If you have Sallie, why wouldn't you give it love?

Because it's just a card. If you have a card fetish, that's fine but not all of us do.

Seriously, though, I do have a Sallie Mae and never use it for gas. The points and minimum redemption requirements are much more of a hassle. PenFed automtically and fully redeems rewards each statement The cap isn't an issue for me but could possibly be for someone else. PenFed has no cap on gas rewards.

Re: Fort Knox 5% Gas Card

NRB525 — Fri, 16 Oct 2015 13:17:16 GMT

@baller4life wrote:
Yes rewards paid out once a yr. I'm ok with that. Have a nice fat check to look forward to every year!

Ok, let us know how it goes.

I know for myself, when I start looking at my gas spend, it seems likely that Freedom and Discover cover half the year (unless they overlap of course) but with other cards like AMEX and the fine print of the Sams card, the Fred Meyer where I usually find the lowest price, most convenience, is one of those "supercenter gas" stations that is excluded. That may change, I am testing my EDP, but it makes it a wash for me if I try to go to any other station with 5% to 10% higher prices.

Re: Fort Knox 5% Gas Card

baller4life — Fri, 16 Oct 2015 15:07:45 GMT

@NRB525 wrote:
@baller4life wrote:
Yes rewards paid out once a yr. I'm ok with that. Have a nice fat check to look forward to every year!
Ok, let us know how it goes.

I know for myself, when I start looking at my gas spend, it seems likely that Freedom and Discover cover half the year (unless they overlap of course) but with other cards like AMEX and the fine print of the Sams card, the Fred Meyer where I usually find the lowest price, most convenience, is one of those "supercenter gas" stations that is excluded. That may change, I am testing my EDP, but it makes it a wash for me if I try to go to any other station with 5% to 10% higher prices.

I will definitely let you guys know how app goes. I just have to renew my membership. Lol. Hopefully I get a sp preapproval at desk. Expecting to be over 750 TU when report updates balances next week.