topic Re: Best Credit Card in Credit Cards

Best Credit Card

Nursemomma — Wed, 03 Aug 2022 19:02:37 GMT

Hello,

I am looking for card recommendation to increase my credit card limits. I currently have 4 cards. 2 Capital one 10.7K combined (venture one and quicksilver), Discover 11k, and a victoria secret card 650 (I rarely use). Im current;y looking for a good balance transfer card, and travel rewards card. I Messed up on my utilization recently and dropped my score 40 points. working on fixing that. Current utilization is 32%. 190K annual income. fico scroes: TU- 703, Eq- 694, Ex- 722.

UPDATE: applied for chase saphire reserve. approved for 26K. highest credit card yet.!

Re: Best Credit Card

Hoben02 — Wed, 03 Aug 2022 07:02:45 GMT

Well for travel rewards card if it involves flying run the site awardhacker.com to get an idea of what types of miles you need will point to which card

Re: Best Credit Card

TRC_WA — Wed, 03 Aug 2022 07:43:20 GMT

@Nursemomma wrote:
Im current;y looking for a good balance transfer card

I recommend the Wells Fargo Reflect. I've had mine 7 months now and it was an 18 month 0% BT/purchases offer extendable to 21 months with on time payments.

When I applied it was rated the "best" BT card available.

Re: Best Credit Card

Creditin — Wed, 03 Aug 2022 12:24:37 GMT

FNBO has several good programs. And I know, by experience, they are generous with CLs.

Cheers.

Re: Best Credit Card

Vuby22 — Wed, 03 Aug 2022 14:49:39 GMT

@TRC_WA wrote:
@Nursemomma wrote:
Im current;y looking for a good balance transfer card
I recommend the Wells Fargo Reflect. I've had mine 7 months now and it was an 18 month 0% BT/purchases offer extendable to 21 months with on time payments.

When I applied it was rated the "best" BT card available.

"best" from whatever site you read that on just means it was the longest promo term. The actual "best" imo would include NO BT FEE. Therefore OP should check NFCU if they can get in or Union Bank (before they turn into US Bank). There are other small CUs that have this as well (Vystar, Wings Financial to name two) but may be geo-fenced. Good luck!

Re: Best Credit Card

TRC_WA — Wed, 03 Aug 2022 15:34:39 GMT

@Vuby22 wrote:
@TRC_WA wrote:
@Nursemomma wrote:
Im current;y looking for a good balance transfer card
I recommend the Wells Fargo Reflect. I've had mine 7 months now and it was an 18 month 0% BT/purchases offer extendable to 21 months with on time payments.

When I applied it was rated the "best" BT card available.
"best" from whatever site you read that on just means it was the longest promo term. The actual "best" imo would include NO BT FEE.

... and there was no BT fee for transfers initiated in the first 3 months... while the 0% on purchases is for the life of the promo... (21 months)

So yeah... the Reflect is pretty good. I transferred my balance the first week.

Re: Best Credit Card

Vuby22 — Wed, 03 Aug 2022 15:49:29 GMT

@TRC_WA wrote:
@Vuby22 wrote:
@TRC_WA wrote:
@Nursemomma wrote:
Im current;y looking for a good balance transfer card
I recommend the Wells Fargo Reflect. I've had mine 7 months now and it was an 18 month 0% BT/purchases offer extendable to 21 months with on time payments.

When I applied it was rated the "best" BT card available.
"best" from whatever site you read that on just means it was the longest promo term. The actual "best" imo would include NO BT FEE.
... and there was no BT fee for transfers initiated in the first 3 months... while the 0% on purchases is for the life of the promo... (21 months)

So yeah... the Reflect is pretty good. I transferred my balance the first week.

You sure? Maybe YMMV?

Balance Transfers

Introductory fee of either $5 or 3% of the amount of each balance transfer, whichever is greater, for 120 days from account opening. After that, up to 5% for each balance transfer, with a minimum of $5.

source: https://www.wellsfargo.com/credit-cards/reflect-visa/terms/?sub_channel=WEB&vendor_code=WF&product_code=CC&subproduct_code=VV&cx_nm=CXNAME_CSM&FPID=013000IEF40000

Re: Best Credit Card

TRC_WA — Wed, 03 Aug 2022 15:55:01 GMT

@Vuby22 wrote:
@TRC_WA wrote:
... and there was no BT fee for transfers initiated in the first 3 months... while the 0% on purchases is for the life of the promo... (21 months)

So yeah... the Reflect is pretty good. I transferred my balance the first week.
You sure? Maybe YMMV?

I just checked my account and you're right... my mistake. There was a 3% BT fee... still... 21 months is an amazing deal although CU's and no fees are obviously better but I'd bet the length of the promo is shorter.

Re: Best Credit Card

Vuby22 — Wed, 03 Aug 2022 16:04:59 GMT

No prob! Just trying to give good options. What if OP did mine and then yours if still needed. 12 months is pretty standard for 0% APR BTs anyway. Do all you can to save money OP as that is the point of a BT!

Re: Best Credit Card

SouthJamaica — Wed, 03 Aug 2022 17:17:39 GMT

@Nursemomma wrote:
Hello,
I am looking for card recommendation to increase my credit card limits. I currently have 4 cards. 2 Capital one 10.7K combined (venture one and quicksilver), Discover 11k, and a victoria secret card 650 (I rarely use). Im current;y looking for a good balance transfer card, and travel rewards card. I Messed up on my utilization recently and dropped my score 40 points. working on fixing that. Current utilization is 32%. 190K annual income. fico scroes: TU- 703, Eq- 694, Ex- 722.

IMHO the best balance transfer cards are non-rewards platinum cards from credit unions which have no balance transfer fees.

As to travel cards I think the Chase Sapphire Preferred and Citi Premier are good all around cards, but there are zillions of travel cards out there, and the answer may depend on the type of travel, airlines, etc.

Re: Best Credit Card

Nursemomma — Wed, 03 Aug 2022 19:01:32 GMT

thank you. I just alpplies for the chase saphire reserve and got aprove for 26K.

Re: Best Credit Card

SouthJamaica — Wed, 03 Aug 2022 19:49:14 GMT

@Nursemomma wrote:
thank you. I just alpplies for the chase saphire reserve and got aprove for 26K.

Wow that's one of the best. Congratulations!