topic Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases in Credit Cards

Blispay: 2% cashback & 0% interest for 6mo on big purchases

pdxmike — Tue, 05 Apr 2016 02:29:39 GMT

I just learned about this card on Doctor of Credit. 2% unlimited cashback on everything applied automatically as statement credit each month, plus 0% interest for 6 months on purchases over $199. Has anyone applied for this? What sort of initial credit limits do they offer?

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 02:36:08 GMT

that's pretty neat honestly. it says it's on the visa network then says you need to see if stores accept it so idk about the acceptance overall but it will probably grow. seems pretty nice honestly.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

pdxmike — Tue, 05 Apr 2016 02:45:54 GMT

@Anonymous wrote:
it says it's on the visa network then says you need to see if stores accept it so idk about the acceptance

From the FAQ: "Where can I use my Blispay Visa Card? Everywhere Visa cards are accepted." It's just the app that only works at partner stores.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 02:44:53 GMT

didn't read the FAQ lol. skimmed. that's a super neat deal.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

kdm31091 — Tue, 05 Apr 2016 02:53:06 GMT

Could be useful for financing. The automatic 2 percent rewards, meh. I like building up my rewards, not having them deducted right away.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 02:55:54 GMT

yeah building up is fine and all but i still use my amazon card over barclay on amazon for the immediate statement credit. it's nice. now idk how annoying or beneficial it'll feel EVERY month but it's a refreshing change of pace

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

score_building — Tue, 05 Apr 2016 04:16:31 GMT

Guinea pigs...who dey pull?

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 04:19:56 GMT

try it

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

UncleB — Tue, 05 Apr 2016 08:33:45 GMT

This actually looks interesting... a 2% Visa with no AF? Sweet...

I know there's the Fidelity card that is also 2%, but the 6 month 0% promo for $199+ purchases is impressive.

I'm interested to see how their underwriting is.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 08:56:43 GMT

@UncleB wrote:
This actually looks interesting... a 2% Visa with no AF? Sweet...

I know there's the Fidelity card that is also 2%, but the 6 month 0% promo for $199+ purchases is impressive.

I'm interested to see how their underwriting is.

this ^^ i like carrying balances with my zero percenter cards. this just might work. *if im understanding it correctly - every time you make a >$199 purchase you have 6 mos to pay it?!? that's pretty neat!

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

willwar14 — Tue, 05 Apr 2016 08:59:47 GMT

I just applied for it, with all cra's frozen. will report back to see who they tried to pull.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

pdxmike — Tue, 05 Apr 2016 10:22:20 GMT

They use First Electronic Bank, which handles Fry's CC. A search of the Credit Pulls DB for Frys/Fry's shows 6 entries: 3 EX, 2 EQ, 1 TU. So they could pull at random.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

CreditCuriosity — Tue, 05 Apr 2016 13:22:08 GMT

@willwar14 wrote:
I just applied for it, with all cra's frozen. will report back to see who they tried to pull.

This is how I personally find out what a lender wants from me then I decide do I want the card bad enough to get a HP from that CRA when I apply for credit. Nothing wrong with it IMO as you aren't stacking the odds in your favor, just finding out what they want and can unfreeze it for them if you want the HP or give them a PIN to access CR

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 13:22:59 GMT

@CreditCuriousity wrote:
@willwar14 wrote:
I just applied for it, with all cra's frozen. will report back to see who they tried to pull.
This is how I personally find out what a lender wants from me then I decide do I want the card bad enough to get a HP from that CRA when I apply for credit. Nothing wrong with it IMO as you aren't stacking the odds in your favor, just finding out what they want and can unfreeze it for them if you want the HP or give them a PIN to access CR

quick one, does it COST money if you freeze your CRAs??? sorry im newb!

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Ghoshida — Tue, 05 Apr 2016 13:33:07 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
@willwar14 wrote:
I just applied for it, with all cra's frozen. will report back to see who they tried to pull.
This is how I personally find out what a lender wants from me then I decide do I want the card bad enough to get a HP from that CRA when I apply for credit. Nothing wrong with it IMO as you aren't stacking the odds in your favor, just finding out what they want and can unfreeze it for them if you want the HP or give them a PIN to access CR
quick one, does it COST money if you freeze your CRAs??? sorry im newb!

Depends on your state. Find out more here: https://help.equifax.com/app/answers/detail/a_id/75/~/security-freeze-fees-and-requirements

I have all reports frozen (one time fee). I pay a temp lifting fee everytime I'm about to app. Keeps the itch away

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

CreditCuriosity — Tue, 05 Apr 2016 13:46:37 GMT

@Ghoshida wrote:
@Anonymous wrote:
@CreditCuriousity wrote:
@willwar14 wrote:
I just applied for it, with all cra's frozen. will report back to see who they tried to pull.
This is how I personally find out what a lender wants from me then I decide do I want the card bad enough to get a HP from that CRA when I apply for credit. Nothing wrong with it IMO as you aren't stacking the odds in your favor, just finding out what they want and can unfreeze it for them if you want the HP or give them a PIN to access CR
quick one, does it COST money if you freeze your CRAs??? sorry im newb!
Depends on your state. Find out more here: https://help.equifax.com/app/answers/detail/a_id/75/~/security-freeze-fees-and-requirements

I have all reports frozen (one time fee). I pay a temp lifting fee everytime I'm about to app. Keeps the itch away

Correct... In my state it is free to temporary lift a security freeze

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 13:52:39 GMT

im in california. so not free. i'll wait til i become a victim of identity theft i guess. lolz jk!

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 14:32:08 GMT

I think the warning on the DoC site is very true, this will be somewhat a target for MS. One of the constraints of many methods is the need to quickly liquidate the asset to pay off charges. If it's 0% for 6 months, that ceases to be much of problem, so volume can go up, causing big costs to the issuer.

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

Anonymous — Tue, 05 Apr 2016 14:41:37 GMT

I just tried as well. My EQ is the only one not on ice. Came back with I'll get a letter in the mail. Perhaps they pull TU or Ex??

Re: Blispay: 2% cashback & 0% interest for 6mo on big purchases

CreditCuriosity — Tue, 05 Apr 2016 14:45:06 GMT

Believe it is EXP based on the bank that backs them being First Electronic Bank, Utah