topic Re: Anything between QS1 and the Sub Prime Crew? in Credit Cards

Anything between QS1 and the Sub Prime Crew?

BallBounces — Mon, 20 May 2019 19:27:13 GMT

As the title suggests, are there any Visa/MC "rebuilders or no credit history" offerings that fall between QS1 and the high fee Sub Prime crew, which are NOT attached to a CU?

Discover might fit the description, but I consider it at least to be at QS1 level (and not a Visa/MC ) . Any others? AF is ok, but not a $99 AF ...

Re: Anything between QS1 and the Sub Prime Crew?

FireMedic1 — Mon, 20 May 2019 19:41:12 GMT

Check to see if the prequal for the Cap1 Plat is available. If so. Its easier to upgrade to the QS and no annual fee. QS1 is hard to do anything with but pay $39 a year for a card.

Re: Anything between QS1 and the Sub Prime Crew?

Anonymous — Mon, 20 May 2019 19:45:22 GMT

Maybe a co-branded card. When I was re-building Comenity was doing SP's and I was able to get the Sportsmans Guide Visa and the now defunct Fuel Rewards MC. You may wish to give the SCT a try to see if anything pops up.

Re: Anything between QS1 and the Sub Prime Crew?

FireMedic1 — Mon, 20 May 2019 19:47:12 GMT

@Anonymous wrote:
Maybe a co-branded card. When I was re-building Comenity was doing SP's and I was able to get the Sportsmans Guide Visa and the now defunct Fuel Rewards MC. You may wish to give the SCT a try to see if anything pops up.

The SCT is dead as of Sept last year. Any SCT from Comenity is a HP now.

Re: Anything between QS1 and the Sub Prime Crew?

pinkandgrey — Mon, 20 May 2019 19:57:33 GMT

The Capital One Platinum is a good option. I got it unsecured as my first card and no AF.

Re: Anything between QS1 and the Sub Prime Crew?

BallBounces — Mon, 20 May 2019 20:00:26 GMT

I should have been more clear and said "other than any Cap1 card".

Re: Anything between QS1 and the Sub Prime Crew?

BallBounces — Mon, 20 May 2019 20:01:03 GMT

@Anonymous wrote:
Maybe a co-branded card. When I was re-building Comenity was doing SP's and I was able to get the Sportsmans Guide Visa and the now defunct Fuel Rewards MC. You may wish to give the SCT a try to see if anything pops up.

I don't think SCT exists anymore.

Re: Anything between QS1 and the Sub Prime Crew?

FireMedic1 — Mon, 20 May 2019 20:04:23 GMT

Well with your scores your kinda limited on what your looking for. Cap1 might be your only choice without knowing your past credit history. Once you get in the 650+ range that will open more doors.

Re: Anything between QS1 and the Sub Prime Crew?

BallBounces — Mon, 20 May 2019 20:16:46 GMT

The question was partially academic and not entirely for me. I have 4 open revolvers and don't really need another. If I did, it wouldn't be a C1.

It's interesting that this niche is not too well served beyond Cap1. Although I guess the market knows what the demand is better than I do.

Re: Anything between QS1 and the Sub Prime Crew?

FireMedic1 — Mon, 20 May 2019 20:21:53 GMT

With all due respect. If you laid it all out in the begining then we can help you out more. But it still comes down to the scores if they are FICO. There's also a reason with 4 cards why your in the 500's. Were here to help anyone, at any time. Thats all. Just by your scores or whoever scores your helping out. Cards your looking for would be more than likely in the secured market for now.

Re: Anything between QS1 and the Sub Prime Crew?

BallBounces — Mon, 20 May 2019 21:26:51 GMT

Sorry to cause a stir. Next time I have a question that is not solely related to myself, or is hypothetical in nature, I will preface it as such.

(For what it is worth, the reason my scores are in the 500s has little to do with the 4 current cards I have. There are people with poor scores such as mine who had very good ones in the not too distant past.)

Cheers.

Re: Anything between QS1 and the Sub Prime Crew?

Shaw83 — Wed, 22 May 2019 00:58:47 GMT

I would go for a discover card. If those are your scores might be secured but after I believe 7mos discover becomes a real boy. I have a qs1 and a cap platinum, I had a discover and wish I had focused on it but I kept my focus on cap1 and lost my discover.

Re: Anything between QS1 and the Sub Prime Crew?

ChargedUp — Wed, 22 May 2019 01:29:22 GMT

Merrick and OLLO (and Cap One to an extent) tend to be the upper end of what is offered to sub-prime profiles unless you go secured. Credit One, 1st Premier and anything from Continental Finance usually charge so many fees that you may as well take all that fee money and open a secured card where you'd get that money back eventually.

Re: Anything between QS1 and the Sub Prime Crew?

Anonymous — Wed, 22 May 2019 01:37:35 GMT

@ChargedUp wrote:
Merrick and OLLO (and Cap One to an extent) tend to be the upper end of what is offered to sub-prime profiles unless you go secured. Credit One, 1st Premier and anything from Continental Finance usually charge so many fees that you may as well take all that fee money and open a secured card where you'd get that money back eventually.

This is spot on, now that you point it out.

Re: Anything between QS1 and the Sub Prime Crew?

zerofire — Wed, 22 May 2019 02:22:32 GMT

There is one lender off the top of my head that is aiming at that market. The Petal Visa just redid the rewards to be competitive with the premium offerings up to 1.5% back. I do not have first hand experience though. They have a prequal option to double check without penalty as a way to get a hold of an application.

The other option is OpenSky with their no credit check but secured style.

Re: Anything between QS1 and the Sub Prime Crew?

Anonymous — Wed, 22 May 2019 17:30:55 GMT

If you're strictly looking for Visa/MC, then I would also recommend Merrick. IMO they are one of the better CCC in that market.

I also wouldn't knock Discover, they can be very helpful in rebuilding/building credit.

Re: Anything between QS1 and the Sub Prime Crew?

KJinNC — Wed, 22 May 2019 18:45:39 GMT

I have four secured cards and would rank them like this: Discover > Citi > Capital One > Primor. Citi and Capital One are about the same. The only reason I rated Citi higher is that their app lets you automatically split monthly payment into two equal amounts on different days, to help control utilization. The Citi app also shows your Equifax FICO score, which can be hard to find for free.

Discover is pretty much the Rolls Royce of secured cards IMO. Of course, I only have those four, so I can't rate other cards I don't have.

I may be giving away my age, but I remember when Capital One first appeared on the scene. Unlike most credit card companies I was aware of at that time, they were new, and had few if any other businesses. They did not have bank branches then, for example. They added those later. So to me, Capital One seems like "new money" compared with companies like Citi, Chase, Amex. Of course, every company has to start somewhere, and as far as I know, Capital One isn't considered "predatory" the way Credit One or some others are.

Re: Anything between QS1 and the Sub Prime Crew?

NaaryalHead — Thu, 23 May 2019 00:18:15 GMT

Knowing what I know now, I wouldn't waste a 3B hard pull on cap one. I'd go for a secured citi card. Then wait for it to graduate to an awesome 2% back card like the Citi Double cash after a PC. Takes about 9 months to graduate if they deem you reliable.

Re: Anything between QS1 and the Sub Prime Crew?

KJinNC — Thu, 23 May 2019 00:38:03 GMT

I know there's more to it than FICO score, but just as a temperature reading, what FICO scores do you think someone would need to PC a freshly graduated Citi Diamond card to DC? Thanks!

Re: Anything between QS1 and the Sub Prime Crew?

NaaryalHead — Thu, 23 May 2019 05:08:32 GMT

Not sure if a scores even matter after they've graduated you already. I was in 740s when mine was PCed it to the DC.