topic Re: High limit, 0 % intro APR cards? in Credit Cards

High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 06:50:30 GMT

Hi all,

My husband is super anti-credit card. But he needs a high limit, 0% intro APR card. His scored are over 800. He has a USAA card, kay jewelers and a furniture store card. Any suggestions? Utilization is probably around 0-1%. Thanks in advance.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 07:12:36 GMT

First, what's a high limit... Second, does he already have other cards that would meet the "high limit" threshold? Some lenders are hesitant to be the first to offer a large limit. It's more something you build to.

Banks are much more likely to match other cards that you already have than offer you more

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 07:33:26 GMT

At least $15k. He has Lowes which is 15k and USAA just upped his card to 20k. I'm guessing the others are around at least $7k.

Re: High limit, 0 % intro APR cards?

Gmood1 — Wed, 27 Feb 2019 10:55:44 GMT

Navy Federal credit card! Depending on profile, I've seen people get $25k SLs.

Re: High limit, 0 % intro APR cards?

simplynoir — Wed, 27 Feb 2019 11:42:52 GMT

@Gmood1 wrote:
Navy Federal credit card! Depending on profile, I've seen people get $25k SLs.

+1 Would also recommend one of the AMEX cards like the BCE as well. Even if it doesn't start as a high limit depending on the SL in 61 days you can turn it into one fairly quickly.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 11:56:43 GMT

Navy would’ve been my first choice if they had a 0 APR offer on any of their cards. But they don’t.

Re: High limit, 0 % intro APR cards?

AverageJoesCredit — Wed, 27 Feb 2019 11:58:57 GMT

Discover

Re: High limit, 0 % intro APR cards?

simplynoir — Wed, 27 Feb 2019 12:16:15 GMT

@Anonymous wrote:
Navy would’ve been my first choice if they had a 0 APR offer on any of their cards. But they don’t.

Ah, you're right. Current offers is 1.99% for 12 months. Could have sworn they had 0% intro offers for some of their cards.

Re: High limit, 0 % intro APR cards?

simplynoir — Wed, 27 Feb 2019 12:18:02 GMT

@AverageJoesCredit wrote:
Discover

Unfortunately there's no guarantee of a high SL that the OP is looking for.

Maybe add Chase as well but that goes back to the reason I just stated with Disco on being hit or miss for the SL.

Re: High limit, 0 % intro APR cards?

CreditInspired — Wed, 27 Feb 2019 12:55:02 GMT

IMHO, If DH is anti credit cards, and his scores are 800+, I’m confused as to why get a CC at all if he doesn’t want it.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 12:55:07 GMT

@Anonymous wrote:
Navy would’ve been my first choice if they had a 0 APR offer on any of their cards. But they don’t.

Platinum always has 0% for 12 months intro offer.

https://www.navyfederal.org/loans-cards/credit-cards/offers/platinum.php

I would double check on the 1st to make sure it’s still there but I haven’t seen the Platinum not offer it since I became a member in September when all of the other cards had SUBs.

Re: High limit, 0 % intro APR cards?

CreditInspired — Wed, 27 Feb 2019 12:56:32 GMT

I think NFCU’s 0% offers end 2/28 unless there’s a new one out.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 13:00:39 GMT

@CreditInspired wrote:
I think NFCU’s 0% offers end 2/28 unless there’s a new one out.

The current batch of offers end 2/28 but I would be shocked if the Platinum loses its 0% offer since that’s the only draw it has over the other cards is that its a low APR BT card. I haven’t seen it not have 0% since I got my cashRewards in September. In fact, I picked up my Platinum in December before NFCU issued their BT offers on the other cards.

Re: High limit, 0 % intro APR cards?

CreditInspired — Wed, 27 Feb 2019 14:42:51 GMT

Oh that’s good to know @saeren. Thanks.

Re: High limit, 0 % intro APR cards?

FlaDude — Wed, 27 Feb 2019 16:36:06 GMT

Just to clarify, is he looking for 0% on purchases or on Balance Transfers/cash out?

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 17:42:57 GMT

Purchases. I just got my Platinum in November and it was only on balance transfers for the 0% APR.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 17:55:09 GMT

@Anonymous wrote:
Purchases. I just got my Platinum in November and it was only on balance transfers for the 0% APR.

Ahh! My bad then. Platinum is a definite no go, it’s BT only.

Savor One seems to dish out pretty decent limits and it’s 15 months at 0%. Three bureau pull sucks but it’s a solid card from a solid issuer with a decent $150 SUB for $500 spend.

Capital One likes people who use their card as their primary so someone with excellent credit and not a lot of cards would probably get a very nice limit as long as the income and DTI support it.

Re: High limit, 0 % intro APR cards?

HeavenOhio — Wed, 27 Feb 2019 18:05:37 GMT

My concern about the Savor One in this instance would be earning only 1% on most of my purchases.

Re: High limit, 0 % intro APR cards?

Anonymous — Wed, 27 Feb 2019 18:26:52 GMT

@HeavenOhio wrote:
My concern about the Savor One in this instance would be earning only 1% on most of my purchases.

QS would be an option too, I just haven’t been seeing many DPs lately suggesting large SLs like I have for Savor and Savor One. I don’t think I’ve ever seen a $30K SL on a QS approval but I’ve seen it a few times on both Savor and Savor One.

Still, 1% is better than 0% and if the main criteria is a large SL and long intro, the Savor One fits there.

Re: High limit, 0 % intro APR cards?

simplynoir — Wed, 27 Feb 2019 18:27:14 GMT

@HeavenOhio wrote:
My concern about the Savor One in this instance would be earning only 1% on most of my purchases.

Depends on how the card is going to be used after the 0% intro purchases promo. If the concern is just to make a purchase and being able to carry the balance the SUB will make up for any little gains made from 1%. Can always PC the card to something more useful after the balance is paid or promo ends.