topic Re: Cap1 zero percent bt offers or RJ? in Credit Cards

Cap1 zero percent bt offers or RJ?

score_building — Mon, 02 Mar 2009 17:00:47 GMT

just noticed another zero percent offer available online. recent posts/ info. indicate a large scale rate change underfoot, so i'll use this bt offer to get the zero rate, a last hurrah? haven't received rate change notice yet.

anyone else still receiving 0% cap1 offers during this time when they seem to be increasing rates across the board? if RJ did you find out by snail mail, online statement, email-

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Mon, 02 Mar 2009 17:49:19 GMT

I have had BT offer at current purchasing rate, put no fees.

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Mon, 02 Mar 2009 20:55:08 GMT

I received the 6 month % APR offer for one of my Cap One accounts just a couple of days before I received the rate change for the other cards. All received via snail mail.

One of my accounts says the change in rates will not take affect until Jan. or Feb. 2010.

Re: Cap1 zero percent bt offers or RJ?

ralbusta — Mon, 02 Mar 2009 21:00:10 GMT

I've been getting the bt offer consistantly since nov. via snail and email. No rj though

Re: Cap1 zero percent bt offers or RJ?

score_building — Tue, 03 Mar 2009 18:00:18 GMT

aha! received my latest "important notice of change of terms" from cap1 via postal mail today:

"what's changing: default rate. the new rate will be determined by adding 26.15 to the Prime rate."

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Tue, 03 Mar 2009 20:01:35 GMT

Then no real rate-jack for you...congratulations!

I have three ( yes3) Cap One cards...used them to help rebuild credit after BK 8 years ago. One was RJ'd to 17.9, one says RJ to 17.9 in 2010, one only an increase in default rate like yours.

Re: Cap1 zero percent bt offers or RJ?

score_building — Tue, 03 Mar 2009 20:13:42 GMT

@Anonymous wrote:
Then no real rate-jack for you...congratulations!

I have three ( yes3) Cap One cards...used them to help rebuild credit after BK 8 years ago. One was RJ'd to 17.9, one says RJ to 17.9 in 2010, one only an increase in default rate like yours.

Thanks VEEnVEGAS! this time around it looks like i dodged a bullet, i wish we could find out if it's because i am doing something right or just dumb luck, lol

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Tue, 03 Mar 2009 20:26:36 GMT

I've had up to 4 diff BT offers online, now I have two. Zero for 6 months w/ BT fee, or fee-free at purchase rate. My current rate is 10.40 (or 10.14).

OOh la la.

I have a BT on this card at the moment whose zero rate expires pretty soon. I can deal w/ paying roughly 10%, so that I can still work on paying down that Target Visa with its criminal rate.

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Tue, 03 Mar 2009 20:37:12 GMT

score_building wrote

Thanks VEEnVEGAS! this time around it looks like i dodged a bullet, i wish we could find out if it's because i am doing something right or just dumb luck, lol

Not sure, but of my three cards the only immediate rate increase is on the one card without a balance. The card with increased APR beginning in 1 yr. has carried a small balance for a few months, and the one with no ncrease at all (except default rate) has carried a 3.9% for life BT on it for a while now.

I'm really not mad at them at all...they were there when I needed them and have generally treated me well...other than the fact that I've ended up with 3 of their cards in order to have any kind of credit limit. The limits on the first 2 will never be higher than $500...pretty sure the third will never go over the $5000 limit I have now.

I read here of credit card companies doing MUCH worse to their customers!

Re: Cap1 zero percent bt offers or RJ?

score_building — Tue, 03 Mar 2009 20:41:17 GMT

@Anonymous wrote:
I've had up to 4 diff BT offers online, now I have two. Zero for 6 months w/ BT fee, or fee-free at purchase rate. My current rate is 10.40 (or 10.14).

OOh la la.

I have a BT on this card at the moment whose zero rate expires pretty soon. I can deal w/ paying roughly 10%, so that I can still work on paying down that Target Visa with its criminal rate.

wow 4, cap1 is lovin' them some WhirledPeas, they're trying to get at your business any which way it seems... i've got the same two bt offers you do right now.

hope you're going to transfer some of the balance off that Target Visa apr fiend... my highest regular APR ever was Dell (at 29.99% and now still not a bargain at 17.99% lol)

Re: Cap1 zero percent bt offers or RJ?

score_building — Tue, 03 Mar 2009 20:48:46 GMT

VEEnVEGAS wrote:

Not sure, but of my three cards the only immediate rate increase is on the one card without a balance. The card with increased APR beginning in 1 yr. has carried a small balance for a few months, and the one with no ncrease at all (except default rate) has carried a 3.9% for life BT on it for a while now.

interesting VEE, you have the vantage point of multiple cards being affected and handled differently...

VEEnVEGAS wrote:
I'm really not mad at them at all...they were there when I needed them and have generally treated me well...
I read here of credit card companies doing MUCH worse to their customers!

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Wed, 04 Mar 2009 03:09:41 GMT

score_building wrote:
@Anonymous wrote:
I've had up to 4 diff BT offers online, now I have two. Zero for 6 months w/ BT fee, or fee-free at purchase rate. My current rate is 10.40 (or 10.14).

OOh la la.

I have a BT on this card at the moment whose zero rate expires pretty soon. I can deal w/ paying roughly 10%, so that I can still work on paying down that Target Visa with its criminal rate.

wow 4, cap1 is lovin' them some WhirledPeas, they're trying to get at your business any which way it seems... i've got the same two bt offers you do right now.

hope you're going to transfer some of the balance off that Target Visa apr fiend... my highest regular APR ever was Dell (at 29.99% and now still not a bargain at 17.99% lol)

I have no idea what I did to get Cap1 to like me. LOL.

Between the Cap1 card and my purdy new (empty) USBank card I can BT the whole Target amount. I'm workin' on it.

Chase also has some good BT offers on my Amazon card, but that's my everyday card and it has had balance issues of its own. (Yeah, I had that plan to use the Greenie for everything, but I find that I still go to the Amazon card more often than I should. It's all about the rewards!!! -- Restaurants, gas stations and drug stores!!! And since I can't use the Greenie at Wally World, what am I to do?? Oh, BofA's Amex is offering double WhirledPoints for shopping at Wally World for a few weeks in March... Woah, random convo w/ myself here.)

Enough! I'll sit down and try to noodle thru all of this after I get back from the bank later this week. Yes, that's right, I actually have to GO to my bank. Weird.

Re: Cap1 zero percent bt offers or RJ?

score_building — Wed, 04 Mar 2009 16:17:43 GMT

WhirledPeasPlease wrote:
I have no idea what I did to get Cap1 to like me. LOL.

Between the Cap1 card and my purdy new (empty) USBank card I can BT the whole Target amount. I'm workin' on it.

Chase also has some good BT offers on my Amazon card, but that's my everyday card and it has had balance issues of its own. (Yeah, I had that plan to use the Greenie for everything, but I find that I still go to the Amazon card more often than I should. It's all about the rewards!!! -- Restaurants, gas stations and drug stores!!! And since I can't use the Greenie at Wally World, what am I to do?? Oh, BofA's Amex is offering double WhirledPoints for shopping at Wally World for a few weeks in March... Woah, random convo w/ myself here.)

Enough! I'll sit down and try to noodle thru all of this after I get back from the bank later this week. Yes, that's right, I actually have to GO to my bank. Weird.

ROFLMAO

for some reason i am surprised to hear the chase amazon cc has bt offers (perhaps because i have the amazon ge store card which doesn't, lol) i opened up an online bank acct. a few weeks ago w/o proximate brick and mortar locations and just got back from closing my wamu acct. (which included proximate brick and mortar locations). gone are my days of in-person banking... well, not true i still have wells fargo- almost forgot. anyway, keep Whirling and getting those points/ rewards

Re: Cap1 zero percent bt offers or RJ?

Anonymous — Wed, 04 Mar 2009 20:25:38 GMT

Thanks S_B -- say, can you convince Wells Fargo to open up near me. They now hold both my main mortgage and my subprime on my now rental prop.

Out of curiousity I just checked Chase and my BT offers are GONE. Nice, very nice.

Oh I'm whirlin'... have no fear!