topic I'm done...no more app'ing...I hope...USAA Amex! in Credit Cards

I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 06:33:34 GMT

I always said when I app'd and got approved for the USAA Amex I would call it quits. Well 9 cards later (including the new USAA Amex) I hope so, lol.

I got approved for a 10K limit at a 10.9% APR. I was hoping to get lucky and get a lower APR (they go down to 7.75%!!!). Oh well, I know it was a long shot and I'm just excited to get the card. I've had my eye on it since 2007. The features are pretty incredible - they are all the same as the Amex Platinum Charge Card minus the airport lounge access and the $450 AF!!

Wahoo!!!! I hope the addiction/thirst/twitch for app'ing is done for me...at least for 5-7 years, lol. I don't really garden - I'm more of a carnivore - but I'll borrow hauling's words: time for some credit gardening (and maybe a slow pruning process).=P

Message Edited by Pj1369 on 07-22-2009 02:33 AM

Re: I'm done...no more app'ing...I hope...USAA Amex!

smallfry — Wed, 22 Jul 2009 10:05:31 GMT

Congrats. Turn your 10.9% APR into 0%. PIF.

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 10:36:26 GMT

@smallfry wrote:
Congrats. Turn your 10.9% APR into 0%. PIF.

Words to live by!!!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Red1Blue — Wed, 22 Jul 2009 11:32:55 GMT

Congrats

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 11:35:53 GMT

@Anonymous wrote:
I always said when I app'd and got approved for the USAA Amex I would call it quits. Well 9 cards later (including the new USAA Amex) I hope so, lol.

Wahoo!!!! I hope the addiction/thirst/twitch for app'ing is done for me...at least for 5-7 years, lol.

Don't be so hard on yourself... Apping & opening these new accounts are a POSITIVE, reassuring experience. Let's go over some of the positives:

1) You get that renewed reassurance that you can still obtain new credit, it proves that you are still worthy (creditworthy) that you need - especially if it's been a few weeks since an app & approval...

2) You add a new account & limit that looks cool (to you) on your CR

3) You feel better about yourself after reading the posts on here about others obtaining great cards with nice CLs - it eases some of the envy, resentment, jealousy, etc. towards some of these lucky b**stards...

4) You get to "brag" to your friends & family about having all these high limits - it proves you are special, and probably better than they are....

5) When you go to the store to make a purchase and open your wallet to pay, you have to shuffle through all of these impressive cards - the clerk and people behind you look at you like you must be some sort of important, wealthy big shot...

6) And probably least important, you have more buying power now (that in my case I can't afford & don't need anyway...)

So you see, this addiction we have is a healthy, positive one. Don't feel guilty about it - embrace it, nurture it...

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 13:44:28 GMT

bigtim - hilarious - i'm lovin' your post. thanks all!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 13:45:34 GMT

@smallfry wrote:
Congrats. Turn your 10.9% APR into 0%. PIF.

That's the truth! However, I imagine it might be harder with USAA's new "minimum APR" on accounts. We'll see - it will happen!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 15:07:09 GMT

@Anonymous wrote:
@Anonymous wrote:
I always said when I app'd and got approved for the USAA Amex I would call it quits. Well 9 cards later (including the new USAA Amex) I hope so, lol.

Wahoo!!!! I hope the addiction/thirst/twitch for app'ing is done for me...at least for 5-7 years, lol.
Don't be so hard on yourself... Apping & opening these new accounts are a POSITIVE, reassuring experience. Let's go over some of the positives:

1) You get that renewed reassurance that you can still obtain new credit, it proves that you are still worthy (creditworthy) that you need - especially if it's been a few weeks since an app & approval...
2) You add a new account & limit that looks cool (to you) on your CR
3) You feel better about yourself after reading the posts on here about others obtaining great cards with nice CLs - it eases some of the envy, resentment, jealousy, etc. towards some of these lucky b**stards...
4) You get to "brag" to your friends & family about having all these high limits - it proves you are special, and probably better than they are....
5) When you go to the store to make a purchase and open your wallet to pay, you have to shuffle through all of these impressive cards - the clerk and people behind you look at you like you must be some sort of important, wealthy big shot...
6) And probably least important, you have more buying power now (that in my case I can't afford & don't need anyway...)

So you see, this addiction we have is a healthy, positive one. Don't feel guilty about it - embrace it, nurture it...

haha I love it! Now those are words to live by!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Grape — Wed, 22 Jul 2009 15:52:06 GMT

Congrats!! Can you give us a better idea about your CRs (baddies, util, AAoA, etc?) Also, have long have you been with USAA and how many products do you have? Full member? I ask because i too am interested in this card and am a full USAA members, with similar scores to you...thanks for any feedback, and congrats (nice limit).

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Wed, 22 Jul 2009 18:12:26 GMT

@Grape wrote:
Congrats!! Can you give us a better idea about your CRs (baddies, util, AAoA, etc?) Also, have long have you been with USAA and how many products do you have? Full member? I ask because i too am interested in this card and am a full USAA members, with similar scores to you...thanks for any feedback, and congrats (nice limit).

Thanks, Grape. I have no baddies. I have been with USAA for two years - as a full, military family member. I now have 9 products with them (3 insurance, 4 banking, 2 investment). My EQ is around 740 - an inq fell off yesterday before app'ing, so it maybe a few points higher. Thanks again, and I hope this is helpful. I can't wait to get it!

Re: I'm done...no more app'ing...I hope...USAA Amex!

GomerPyle — Thu, 23 Jul 2009 00:42:52 GMT

@Anonymous wrote:
@Anonymous wrote:
I always said when I app'd and got approved for the USAA Amex I would call it quits. Well 9 cards later (including the new USAA Amex) I hope so, lol.

Wahoo!!!! I hope the addiction/thirst/twitch for app'ing is done for me...at least for 5-7 years, lol.
Don't be so hard on yourself... Apping & opening these new accounts are a POSITIVE, reassuring experience. Let's go over some of the positives:

1) You get that renewed reassurance that you can still obtain new credit, it proves that you are still worthy (creditworthy) that you need - especially if it's been a few weeks since an app & approval...
2) You add a new account & limit that looks cool (to you) on your CR
3) You feel better about yourself after reading the posts on here about others obtaining great cards with nice CLs - it eases some of the envy, resentment, jealousy, etc. towards some of these lucky b**stards...
4) You get to "brag" to your friends & family about having all these high limits - it proves you are special, and probably better than they are....
5) When you go to the store to make a purchase and open your wallet to pay, you have to shuffle through all of these impressive cards - the clerk and people behind you look at you like you must be some sort of important, wealthy big shot...
6) And probably least important, you have more buying power now (that in my case I can't afford & don't need anyway...)

So you see, this addiction we have is a healthy, positive one. Don't feel guilty about it - embrace it, nurture it...

I nominate this as post of the month. Very funny, well written and actually true.

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 00:51:56 GMT

On top of all those reasons every time I am approved for new credit or a CLI my FICO scores go up!

(YMMV)

Message Edited by creditwherecreditisdue on 07-22-2009 08:51 PM

Re: I'm done...no more app'ing...I hope...USAA Amex!

pattycake — Thu, 23 Jul 2009 01:10:19 GMT

@Anonymous wrote:
On top of all those reasons every time I am approved for new credit or a CLI my FICO scores go up!

(YMMV)
Message Edited by creditwherecreditisdue on 07-22-2009 08:51 PM

I'm JEALOUS!!!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 01:15:44 GMT

It just happened again today when some new stuff reported.

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 01:23:42 GMT

@Anonymous wrote:
It just happened again today when some new stuff reported.

really? interesting...mine normally eqaulizes and stays w/in 1-2 pts of initial pre-app score (ding from inq and increase for lower util)...you're lucky. congrats on the recent increase!

Re: I'm done...no more app'ing...I hope...USAA Amex!

haulingthescoreup — Thu, 23 Jul 2009 01:54:42 GMT

Pj, bigtim left off the most important advantage of the USAA AmEx:

--it's black, and people who don't know any better think it's a Centurion!

Anyway, congrats on your card. Now that my USAA MC is a World card (and it reports properly, too), both my USAA cards have great consumer protections. I took all my bank cards out of my wallet last month. All that's in there now are the PenFed card and the USAA ones. Simplifies my life something fierce.

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 02:08:32 GMT

@haulingthescoreup wrote:
Pj, bigtim left off the most important advantage of the USAA AmEx:

--it's black, and people who don't know any better think it's a Centurion!

Anyway, congrats on your card. Now that my USAA MC is a World card (and it reports properly, too), both my USAA cards have great consumer protections. I took all my bank cards out of my wallet last month. All that's in there now are the PenFed card and the USAA ones. Simplifies my life something fierce.

I love that it's black! Also, your strategy is my strategy, plus a blue cash amex - until the year ends and I no longer get my 5% =P. Now, I just need to find small bills to put on autopay for the other 6 little monsters, lol.

Re: I'm done...no more app'ing...I hope...USAA Amex!

haulingthescoreup — Thu, 23 Jul 2009 02:22:26 GMT

I'm having to use my bank cards for occasional online purchases. My one recurring charge (Verizon bill) is now on PenFed instead of AmEx.

PenFed now insures your cell phones ($50 deductible) if you run your bill through them. And the way that my youngest abuses cell phones, this is a deal.

Cell Phone Protection with PenFed

Protect Your Cell Phone
with Visa & PenFed
Cell Phone Protection* at No Additional Cost!
What is it?

If your cell phone breaks because of life's little mishaps - a theft, a flush, a dunk or a drop- the benefit can help you regain connection. Charge your monthly wireless Cell Phone bill to your PenFed's Visa credit card or debit card and receive the Cell Phone Protection benefit. Cell Phone Protection reimburses you for damage to or theft of your eligible cell phones, Smartphones or personal digital assistants (PDAs).

I'm still trying to figure out if I get cashback for this. Since my cell phone bill is around $220/ month, this would be nice!

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 03:07:28 GMT

@haulingthescoreup wrote:
I'm still trying to figure out if I get cashback for this. Since my cell phone bill is around $220/ month, this would be nice!

I am virtually certain you do get the 1.25% for mobile phone bills paid thru PenFed. It would be a purchase that does not fall under any of the other categories and they are not really chiselers. I pay mine that way every month - I just haven't dropped my Assurion (sp?) coverage yet. That somewhat surprises me since I am such a cheapskate and am covering two handsets. I have replaced two failed handset under Assurion and must say I have had pretty good luck in getting them to be nice to me when my current handset has been discontinued. They always try to cheap out initially but bend if pressed.

Re: I'm done...no more app'ing...I hope...USAA Amex!

Anonymous — Thu, 23 Jul 2009 04:42:08 GMT

@GomerPyle wrote:

I nominate this as post of the month. Very funny, well written and actually true.

Hehehee... thanks. Glad some of you liked it - I know I sure had fun writing it, and it was somewhat enlightening as well.