topic Re: Barclay Apple in Credit Cards

Barclay Apple

RSX — Tue, 23 Jul 2019 17:18:45 GMT

i have been hearing negative things about this card - but it doesnt have an AF - and i have an $8300 CL with it

i am thinking of closing it since i only used it for a large Mac purchase 2 years ago

my question - is it considered a 'store' card?

if the answer is Yes, i will close it

if the answer is No, i will keep it in the drawer with once a year use

thanks

Re: Barclay Apple

FinStar — Tue, 23 Jul 2019 17:22:15 GMT

It is considered a bank card. I'm assuming that you have the Visa? Does yours have the rewards benefits?

Re: Barclay Apple

RSX — Tue, 23 Jul 2019 17:27:32 GMT

correct Barclays Visa with rewards for Apple(3) - Restaurants (2) and general purchases (1)

sounds like i should just hold onto it then

i am looking to close some cards - tryting to track down which ones have the double whammy of AF and 'Store'

thanks

Re: Barclay Apple

HeavenOhio — Tue, 23 Jul 2019 19:24:33 GMT

Welcome @RSX.

If the card has a Visa, Mastercard, or AMEX logo, it’s a major card that can be used anywhere cards from these networks are accepted. A store card can be used only at one store or a small handful of stores.

Re: Barclay Apple

RSX — Tue, 23 Jul 2019 19:44:36 GMT

thanks for the clarification

i am going to rip through my cards and figure out which ones should/can be dropped - though finding the AF on some of them has been proving to be a pain

Re: Barclay Apple

Anonymous — Tue, 23 Jul 2019 19:46:47 GMT

Most store cards have no AFs as they are subsidized by the store to get you to spend money there.

Re: Barclay Apple

negg — Tue, 23 Jul 2019 20:04:18 GMT

My Apple Card was my 2nd cc 6 years ago. Started off with a 1000 CL, it’s now grown to a 15,500 CL. I don’t think I’ve made one POS purchase with it, bought an iPad and some Apple supplies(cords....). It is my go to BT card. Always great rates and terms. Seem like every time I BT of 4K or more they CLi me by few 1000. I’d keep it open.

Re: Barclay Apple

Anonymous — Wed, 24 Jul 2019 03:22:31 GMT

I would personally keep it. I got mines a few years ago used it for one major purchase, then put it on my iTunes account for when my icloud, kids apps and things hit. That way it gets it's usage without me having to remember to use it. With that CL, it's good cushioning if nothing else. They used to be stingy with bigger limits.

Re: Barclay Apple

Anonymous — Wed, 24 Jul 2019 17:24:31 GMT

@Anonymous wrote:
I would personally keep it. I got mines a few years ago used it for one major purchase, then put it on my iTunes account for when my icloud, kids apps and things hit. That way it gets it's usage without me having to remember to use it. With that CL, it's good cushioning if nothing else. They used to be stingy with bigger limits.

Just becareful to not miss a payment. It's easy to "forget" about a card like this and miss payments.

Re: Barclay Apple

RSX — Fri, 26 Jul 2019 17:28:41 GMT

good plan on tying it to iTunes - i don't purchase much, but might as well get some monthly activity from it

i set Auto Pay on almost all accounts - and check regularly, so i should be good

last time i asked for a CLI, they did a HP - so i will leave it at the current $8300

i think i am going to cancel my Amex - it has a $95 AF that is coming up in Jan, and i rarely use it

Re: Barclay Apple

FinStar — Fri, 26 Jul 2019 17:31:13 GMT

Which AmEx do you have with the $95 AF?

Re: Barclay Apple

RSX — Fri, 26 Jul 2019 17:33:10 GMT

Green Card

Re: Barclay Apple

FinStar — Fri, 26 Jul 2019 17:49:33 GMT

Ah gotcha. At one time there was an option to downgrade to a Senior Green which lowered the AF substantially, albeit the MR structure changed as well.

Of course, if you've been with AmEx for a long time, you could always explore any retention offers if applicable. Otherwise, if it no longer fits your needs, then close it out.

Re: Barclay Apple

RSX — Fri, 26 Jul 2019 17:52:46 GMT

ok - i barely use it - i got it Jan 2017 - only acquired 14,000 points in the 2.5 years

it is a charge card - so no CL to help me with my CC utilization

i am just thinking it is a waste to keep open at this point - i just used 10,000 pts so i got some benefit out of it ($100 gc)

any reason to keep it on my file?

Re: Barclay Apple

digitek — Fri, 26 Jul 2019 18:41:55 GMT

You are definitely good to close the Amex Green. It has notoriously bad earnings for a card with a $95 AF.

*I should add that the Amex Green has a rumored update coming, but no one really knows when it will happen or what it will change. If your AF isn't due soon you might want to hold onto it in hopes that they upgrade it in a good way before your $95 AF hits.

Re: Barclay Apple

RSX — Fri, 26 Jul 2019 18:50:17 GMT

cool - thanks

it isnt until Jan 2020, so i will wait a couple of months - then close if no new items pop up

Re: Barclay Apple

Anonymous — Tue, 30 Jul 2019 22:23:35 GMT

Definitely agreed. I use Mint, which sends me notifications on charges, finance charge changes, APR changes and due dates. I love it. Comes in handy especially when you have a lot of cards/accounts