topic Re: I have arrived... in Credit Cards

I have arrived...

Tuscani — Wed, 01 Aug 2007 14:21:05 GMT

My First Premier Pre-Approval letter FINALLY came today.

Not only did I find great humor in being selected.. reading the atrocious fees made opening the letter that much more entertaining.

Keep in mind, this card usually starts with a $250 CL.

-Account Setup Fee: $20 (Because they can and you are a sucker)

-Program Fee: $95 (See above)

-Annual Fee: $48 (All cards have an AF right?)

-Participation Fee: $72 (Or $6 a month for your conveinence!!.. LOL)

-Monthly Maint Fee: $3 (Don't worry.. this only applies to closed account with a bal..ha!)

-Additional Card Fee: $20 (Annually per card.. Hey, this is high quality plastic here!!)

-CLI Fee: $25 ($25 for a $50 increase.. whoohoo!)

-Over the Limit Fee: $25 (To be expected)

-Copying Fee: $3 (Copying want exactly?)

-Internet Access Fee: $3.95 (Ummmm. ok. Because their online account access is THAT GOOD)

-Wire Transfer Fee: $5 (LMAO)

-Autodraft Fee: $11 (WTF??)

-Express Delivery Fee: $25 (Because you can't wait to use your $72 of avail credit)

-Return Item Fee: $24 (Huh?)

-Foreign Transaction Fee: 1% (Crap.. and I was going to book my trip to Fiji on this card)

-Premier Credit Protection: $0.89 per $100 (I am not even going there...)

On positive note you get 0% of 12 months for any BT. Might be hard trying to determine how to allocate across your $72 of avail credit!

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 15:13:11 GMT

Love the parenthetical comments

Re: I have arrived...

MidnightVoice — Wed, 01 Aug 2007 15:15:58 GMT

Wouldn't it be easier just to give them money every month without the card?

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 15:26:16 GMT

@MidnightVoice wrote:
Wouldn't it be easier just to give them money every month without the card?

But you wont be able to show off your card to people

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 16:09:00 GMT

@Tuscani wrote:
My First Premier Pre-Approval letter FINALLY came today.
Not only did I find great humor in being selected.. reading the atrocious fees made opening the letter that much more entertaining.
Keep in mind, this card usually starts with a $250 CL.
-Account Setup Fee: $20 (Because they can and you are a sucker)
-Program Fee: $95 (See above)
-Annual Fee: $48 (All cards have an AF right?)
-Participation Fee: $72 (Or $6 a month for your conveinence!!.. LOL)
-Monthly Maint Fee: $3 (Don't worry.. this only applies to closed account with a bal..ha!)
-Additional Card Fee: $20 (Annually per card.. Hey, this is high quality plastic here!!)
-CLI Fee: $25 ($25 for a $50 increase.. whoohoo!)
-Over the Limit Fee: $25 (To be expected)
-Copying Fee: $3 (Copying want exactly?)
-Internet Access Fee: $3.95 (Ummmm. ok. Because their online account access is THAT GOOD)
-Wire Transfer Fee: $5 (LMAO)
-Autodraft Fee: $11 (WTF??)
-Express Delivery Fee: $25 (Because you can't wait to use your $72 of avail credit)
-Return Item Fee: $24 (Huh?)
-Foreign Transaction Fee: 1% (Crap.. and I was going to book my trip to Fiji on this card)
-Premier Credit Protection: $0.89 per $100 (I am not even going there...)

On positive note you get 0% of 12 months for any BT. Might be hard trying to determine how to allocate across your $72 of avail credit!

I got one in the mail two days ago and I was just laughing my ass off. I wanted to call them up to laugh and hang up. LOLOLOL. Goodness gracious.

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 16:18:03 GMT

Tuscani,

In all your wisdom and knowledge, can't believe you would need a card with such a huge balance, I thought you had it going on?

Re: I have arrived...

fused — Wed, 01 Aug 2007 16:48:21 GMT

Didn't you guys know his FICO scores are in the mid 400's. Not sure he would be approved anyway.

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 17:41:23 GMT

Whoa! Those fees, T&C, are onerous. Glad they never sent me that offer when I was desperate.

Re: I have arrived...

Anonymous — Wed, 01 Aug 2007 21:18:42 GMT

i have this card and I am now going to close it up. I was a big dummy to get it. I will be paying it off as soon as possible.

Re: I have arrived...

Anonymous — Thu, 02 Aug 2007 15:45:12 GMT

You forgot the fee for "paying" online... They charge you a "electronic check" fee to pay THEM. Disgusting!!

Re: I have arrived...

Anonymous — Thu, 02 Aug 2007 15:54:40 GMT

I have one of their ridiculous cards. It did help me establish a few new tradelines at least. They're ridiculous.

However, to pay online, you can avoid their fee by doing it directly through your own bank's online bill pay service. A backdoor if you will.

I plan to pay them off and just leave them open soon.