topic Re: Finally a decent BT offer in Credit Cards

Finally a decent BT offer.... or not?

Anonymous — Sat, 18 Apr 2009 17:16:51 GMT

Cap One just sent me two blue checks (and two reds). Of course they do this weekly, but this week the blue checks have a 0% BT for the life of the transfer w/ their standard 50 fee.

Not bad!!!

Message Edited by WhirledPeasPlease on 04-18-2009 01:16 PM

Re: Finally a decent BT offer

Anonymous — Thu, 09 Apr 2009 22:28:38 GMT

That does sound like a good one!

Re: Finally a decent BT offer

Anonymous — Thu, 09 Apr 2009 22:34:08 GMT

That's an outstanding offer!

I haven't received a life of the transfer offer in a long time!

Re: Finally a decent BT offer

Anonymous — Thu, 09 Apr 2009 22:36:18 GMT

I swear I have no idea why CapOne likes me. Card turned 1 in Jan. Started at 3k, now sits at 5250. APR is 10.4 (or 10.14 -- can't remember).

I've paid 1 BT fee, 2 AFs (19 each) and about a dollar in finance charges.

Re: Finally a decent BT offer

Anonymous — Thu, 09 Apr 2009 22:50:07 GMT

They send me the no BT fee and reduced or regular purchase rate APR's. I don't think I have gotten the 0% checks. But they have never charged me a BT fee. APR is I think 10.24.

Re: Finally a decent BT offer

GregB — Fri, 10 Apr 2009 00:44:55 GMT

I have one CapOne that is about at the end of the first year 0% interest on BT and purchases. It does not state what rate is after that but if it is 2 digit, then it gets PIFed.

Other CapOne is about at end of 1 year 0%, 3% fee deal then goes to 5.99%.

I think both are reasonable and am pleased with Capital One.

Re: Finally a decent BT offer

Anonymous — Fri, 10 Apr 2009 06:29:51 GMT

Received the same 0% for life of loan checks today. Card thas been stuck at $4500 for a couple of years though, and right now I have $1800 parked on it at 3.9% for life.

Re: Finally a decent BT offer

Anonymous — Fri, 17 Apr 2009 01:46:58 GMT

Soo... if it sounds too good to be true, it probably is.

I rec'd a letter from Cap1 yesterday that the blue checks I recently received contained an error and are now invalid. According to them they should have said, "Zero APR for 6 months, then your regular purchase APR". I was really irked, as I was planning on going to the bank today to deposit one of the blue checks.

Cap1 -- you're skating on thin ice.

They did mention that I should call if I've already used the check (sadly, no) or destroy the unused checks. What a bunch of jerks.

Re: Finally a decent BT offer

iamrayl — Fri, 17 Apr 2009 02:41:07 GMT

I received those checks a few weeks ago and I also received that letter yesterday. Good thing I didn't use the checks. Anything that's too good to be true, usually is.

Re: Finally a decent BT offer

Anonymous — Fri, 17 Apr 2009 02:45:34 GMT

@Anonymous wrote:
Soo... if it sounds too good to be true, it probably is.

It kinda had to be. In this economic climate, a bank who just reported a default rate near 10% is not going to hand out potential multi-year loans at 0%.

Unfortunately ...

Re: Finally a decent BT offer

score_building — Fri, 17 Apr 2009 08:10:48 GMT

@Anonymous wrote:
@Anonymous wrote:
Soo... if it sounds too good to be true, it probably is.

It kinda had to be. In this economic climate, a bank who just reported a default rate near 10% is not going to hand out potential multi-year loans at 0%.

Unfortunately ...

except that they did (inadvertently).

that's the scary part.

that's annoying Peas, hope you have a real good one coming down the pike soon.

Re: Finally a decent BT offer

Anonymous — Fri, 17 Apr 2009 09:51:29 GMT

Oh nooooo,

I received the same checks last week. I didn't check my mail yesterday, guess I better do that first thing this morning. I also had plans for those 0% for life of loan checks!!

Re: Finally a decent BT offer

Anonymous — Fri, 17 Apr 2009 22:53:00 GMT

Thanks for the kind words.

Eh, better luck next time, I guess.

Re: Finally a decent BT offer

Anonymous — Sat, 18 Apr 2009 08:40:17 GMT

Okay....received my letter from Cap One reneging on their 0% for life B.T. Bummer.

Re: Finally a decent BT offer

Anonymous — Sat, 18 Apr 2009 13:33:26 GMT

Hey Peas -

You should edit the subject line of OP to:

Finally a decent BT offer - NOT!

Message Edited by txjohn on 04-18-2009 06:33 AM

Re: Finally a decent BT offer

Anonymous — Sun, 19 Apr 2009 09:23:46 GMT

LOL....funny!