topic Re: Blispay results in Credit Cards

Blispay results

Np1791 — Tue, 26 Dec 2017 20:27:00 GMT

Have any of you gotten rid of your blispay card? If yes why?

Re: Blispay results

Anonymous — Tue, 26 Dec 2017 20:57:54 GMT

No. Why would I get rid of it?

Re: Blispay results

Np1791 — Tue, 26 Dec 2017 21:04:25 GMT

@Anonymous wrote:
No. Why would I get rid of it?

Not much been said about future advancements and no CLI since it's creation.

Re: Blispay results

UpperNwGuy — Tue, 26 Dec 2017 21:15:31 GMT

Isn't Blispay a 2% cash back card? If so, it's great card as is, and I wouldn't expect it to get future enhancements.

Re: Blispay results

Adkins — Tue, 26 Dec 2017 21:47:10 GMT

@UpperNwGuy wrote:
Isn't Blispay a 2% cash back card? If so, it's great card as is, and I wouldn't expect it to get future enhancements.

Yes, and a 6 months 0% financing on $199 & up purchases

Re: Blispay results

CreditCuriosity — Tue, 26 Dec 2017 21:51:05 GMT

Yes I had it and got rid of it. Why? Only reported to Exp which is the CRA that most creditors SP and no possibility of SP CLI's and have other 2% cards or better already. Only thing I enjoyed about it was the 6 month no interest, but at 6k CL which I had wasn't very useful as didn't want to even carry 3k on it as that would of been 50% utilization and still at the final part of rebuild didn't want to draw any uneeded attention from creditors that I already have. Have business cards that are hidden that have 0% APR's currrently.

Re: Blispay results

Np1791 — Tue, 26 Dec 2017 21:52:47 GMT

What about no credit limit increases.

Re: Blispay results

Anonymous — Tue, 26 Dec 2017 22:31:27 GMT

@Np1791 wrote:
What about no credit limit increases.

I haven't dumped Blispay yet, but if/when I do the reason will be due to the inability to grow the limit. I have 8 credit cards total, 7 of which have 5-figure limits. The one that doesn't? Blispay. $6k limit, just like CC wrote about above. I put about $6k through my Citi DC this month and didn't swipe my Blispay once. If I had done that with Blispay, I would have maxed out the card. Like CC, I'm not comfortable with reporting high utilization. I've contacted Blispay a bunch of times about getting a CLI and all responses have been "we don't give them." The CEO stated over a year ago that he knew that they would have to give CLIs at some point to stay competitive. It's been an extensive amount of time since he said that, though and of course nothing has changed. I also know when Blispay sent out their survey a few months back to all card holders that 99% of those on this forum posted that they gave feedback regarding their inability to receive a CLI. So far, this complaint has fallen on deaf ears. I'll probably ride it out another 6 months or so and see if anything changes. If not, I'll probably close the card.

Re: Blispay results

Np1791 — Wed, 27 Dec 2017 00:07:54 GMT

@Anonymous wrote:
@Np1791 wrote:
What about no credit limit increases.
I haven't dumped Blispay yet, but if/when I do the reason will be due to the inability to grow the limit. I have 8 credit cards total, 7 of which have 5-figure limits. The one that doesn't? Blispay. $6k limit, just like CC wrote about above. I put about $6k through my Citi DC this month and didn't swipe my Blispay once. If I had done that with Blispay, I would have maxed out the card. Like CC, I'm not comfortable with reporting high utilization. I've contacted Blispay a bunch of times about getting a CLI and all responses have been "we don't give them." The CEO stated over a year ago that he knew that they would have to give CLIs at some point to stay competitive. It's been an extensive amount of time since he said that, though and of course nothing has changed. I also know when Blispay sent out their survey a few months back to all card holders that 99% of those on this forum posted that they gave feedback regarding their inability to receive a CLI. So far, this complaint has fallen on deaf ears. I'll probably ride it out another 6 months or so and see if anything changes. If not, I'll probably close the card.

Lucky you to have a 6K limit. I got stuck with a 4K limit. Definitely not enough to actually utilize the 6 months of financing. I’m not sure if I really want to keep it any longer to be honest.

Re: Blispay results

Gmood1 — Wed, 27 Dec 2017 01:38:30 GMT

Wish my limit was higher as well. Though I have no intentions of dumping it. I still find it useful. They'll have to dump me first. lol

Re: Blispay results

JR_TX — Wed, 27 Dec 2017 02:13:29 GMT

I’m all likely to ditch mine as soon as I get my citi DC in a couple of months. The reason? Well I have 3K reasons that I can think of already! So that 6 months financing does me no good! And worst of it all, almost 1.5 yrs now and it still takes about 10 days for my available credit to update and recycle after the money left my bank when I pay them!

Re: Blispay results

joltdude — Wed, 27 Dec 2017 04:41:59 GMT

Hmm. Got a few things on Blis right now.. Gonna pay them off and even im considering ditching it...

Might replace it with a DC

Re: Blispay results

DeeBee78 — Thu, 28 Dec 2017 21:47:29 GMT

I don't see myself getting rid of it. It's been very useful to me this year with expenses related to finding a new job, and paying legal fees. I've put $8,000 of charges on it this year, without paying a cent in interest and earning 2% cashback. Never had a problem with payments posting, credit being updated, or any other weirdness some people have reported.

I do have an issue with their seemingly random approach to assigning limits to people. When I applied I was only making $55K and they gave me a $7.5K limit, which I felt was reasonable. I see other people with six figure incomes getting sadded wiht $1-3K limits, like my coworker. One thing that has crossed my mind is whether they're assigning limits on whether or not you carry a balance. I do usually have some 0% balance being carried somewhere, so maybe they gave me my limit based on hoping I would carry a balance and they thought they would make some interest on me - nope!

I have no problem with it only reporting to EX. Yes, my other creditors love to get in my EX, but I have other ones that don't. This means I can hide a balance from BoA, DCU, or Discover, when I want something from them. I could care less about Chase and Amex seeing what's in my EX, because they aren't budging on their limits with me anyway.