topic Re: Credit one bank Amex in Credit Cards

Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 12:34:58 GMT

Looks like there is a Credit one Amex card now, it looks like it's competitive. Credit one seems to be moving up now.

Re: Credit one bank Amex

Brian_Earl_Spilner — Wed, 02 Oct 2019 12:56:52 GMT

Lol

1% cash back

$39 AF

25.99% apr

At least with their more rewards you get 5% back for the first $5000

Re: Credit one bank Amex

AverageJoesCredit — Wed, 02 Oct 2019 15:35:07 GMT

The apr is not the end factor. Heck many of us with Centurian Amexs get that apr with good credit. In the end a C1 is a C1 so if its the only option...

Re: Credit one bank Amex

WowCool — Wed, 02 Oct 2019 16:35:36 GMT

Lol, I thught this was a joke, its for real.....lol

Credit One - New AMEX Card

Anonymous — Wed, 02 Oct 2019 17:17:42 GMT

I know I closed the account but funny they send me a inviation for their brand new card, yes Credit One AMEX card.

And they have new card, Platinium Primer, 5% cashback.

They are so desperate lol

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 17:18:42 GMT

Probably still with 3-500 limits. That's why mine is history!

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 17:39:06 GMT

Makes me think they’ve contracted to use the Amex payment network so they can put the Amex square on the card and try to ball that way. I’d figure it’s that rather than a co-card with Amex, kind of in the same vein as the Macy’s Amex. It’s not Amex, it just uses the Amex network.

Re: Credit One - New AMEX Card

Anonymous — Wed, 02 Oct 2019 17:48:44 GMT

That 5% card looks good until you see the $95 AF. 5% of $5K is $250 but the AF knocks that down to $155. APR at 25.99% is obviously absurd too.

It actually would still be a net positive for my spend though. I would actually be around $4700-$4800 of the $5K cap since the only categories it covers that I use are groceries, cable, and cell. It only ends up being a couple bucks more than a 3% no AF card though and totally not worth it.

Besides, it's Credit One. 😑

The AMEX doesn't look like anything special.

Re: Credit one bank Amex

FinStar — Wed, 02 Oct 2019 17:53:45 GMT

Well, color me surprised! That's a very interesting partnership. If anything, I would've thought Merrick was more of the caliber, but Credit One it is!

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 18:00:27 GMT

@FinStar wrote:
Well, color me surprised! That's a very interesting partnership. If anything, I would've thought Merrick was more of the caliber, but Credit One it is!

Personally I think this card is going to hurt AMEX as a brand... definitely not the right partner to go with.

Re: Credit one bank Amex

AverageJoesCredit — Wed, 02 Oct 2019 18:18:36 GMT

I think Amex should hsve went with Blaze You know, Blaze, POT, dont live life without it

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 18:26:20 GMT

@AverageJoesCredit wrote:
I think Amex should hsve went with Blaze You know, Blaze, POT, dont live life without it

Naughty AJC!

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 18:26:35 GMT

I think it would make sense for credit one to relax with all the fees that their give people with this new partnership.

Re: Credit one bank Amex

Remedios — Wed, 02 Oct 2019 19:52:18 GMT

@Anonymous wrote:
@FinStar wrote:
Well, color me surprised! That's a very interesting partnership. If anything, I would've thought Merrick was more of the caliber, but Credit One it is!
Personally I think this card is going to hurt AMEX as a brand... definitely not the right partner to go with.

Not if they offer 0.0001 of them M&M thingies per $10000.00 spent 😐

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 19:53:25 GMT

@Remedios wrote:
@Anonymous wrote:
@FinStar wrote:
Well, color me surprised! That's a very interesting partnership. If anything, I would've thought Merrick was more of the caliber, but Credit One it is!
Personally I think this card is going to hurt AMEX as a brand... definitely not the right partner to go with.

Not if they offer 0.0001 of them M&M thingies per $10000.00 spent 😐

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 20:10:39 GMT

@AverageJoesCredit wrote:
I think Amex should hsve went with Blaze You know, Blaze, POT, dont live life without it

Gives Amex a whole new look?

Re: Credit one bank Amex

Adkins — Wed, 02 Oct 2019 21:11:36 GMT

@Anonymous wrote:
I think it would make sense for credit one to relax with all the fees that their give people with this new partnership.

No, they are in the business of making money, and making money via their fees isn't going to go away.

Re: Credit one bank Amex

Adkins — Wed, 02 Oct 2019 21:12:38 GMT

I think it tarnishes the Amex brand, but most people aren't as credit savy as the bunch of us on this forum are.

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 21:22:21 GMT

@Adkins wrote:
I think it tarnishes the Amex brand, but most people aren't as credit savy as the bunch of us on this forum are.

People still recognize the AMEX logo. Look how often we get people who believe that getting the More Rewards or Propel will help them get an AMEX core revolver.

Re: Credit one bank Amex

Anonymous — Wed, 02 Oct 2019 21:38:57 GMT

Well, I was certain this was a two topic post.......I must say, this actually is a bit surprising.