topic Re: What next?? in Credit Cards

What next??

Anonymous — Mon, 23 Jan 2012 18:27:42 GMT

Hello folks, I have been truly blessed to have found this forum years ago and now I can breath some relief because of people like you.I have been able to buy a home at 5% int. and buy a new car for my wife at 0.9%,and just this week I am refi. my home for 3.75%fixed. Now my question is what would be a good low int.cc. to get ? I have 17,500 Penfed,7500 Kroger,3000Amazon,7500Kays,1500cu and my debt is 9% and ficos of,eq763,ex736,tu745(from lo) .I want a good gas rewards card. Can anyone suggest anything?

Re: What next??

learnin113 — Mon, 23 Jan 2012 18:32:57 GMT

Doesn't Penfed offer the best gas card deal out there? I think you already have a great portfolio, you dont really need a gas card which usually start with very low limits. Just my 2 cents.

Re: What next??

Guava — Mon, 23 Jan 2012 18:33:38 GMT

I think with you profile you can probably qualify for all the good cards out there. Penfed has the cash reward card that gives 5% back for gas, which is the most you can get out there. Then there are AMEX Blue cash preferred and BoA 123 card that gives 3% back at the pump. Chase also has the BP credit gard, you get 5% back at BP station, 2% dining and travel. Those are some that I could think of.

Re: What next??

Anonymous — Mon, 23 Jan 2012 18:36:03 GMT

FYI the BP card rewards are being devalued starting March 2012 so its no longer a good option.

Re: What next??

Creditaddict — Mon, 23 Jan 2012 18:36:18 GMT

If it is all about Gas then I believe other poster is correct that PenFed has a 5% or something on gas. If you are looking for an all around card to turn into primary use card, most offer 3% on gas, 2% on some other thing cat. and 1% on all else.

Re: What next??

Open123 — Mon, 23 Jan 2012 18:39:17 GMT

The Fort Knox card is great for gas, along with 1.25% on everything else.

Re: What next??

Anonymous — Mon, 23 Jan 2012 18:39:50 GMT

Thanks for the replies,I have the Penfed Promise but was afraid they would deny me for the recent refi. inqs and Amazon 4mos.ago.I have had the Promise since last May.

Re: What next??

Anonymous — Mon, 23 Jan 2012 18:50:21 GMT

@Anonymous wrote:
Hello folks, I have been truly blessed to have found this forum years ago and now I can breath some relief because of people like you.I have been able to buy a home at 5% int. and buy a new car for my wife at 0.9%,and just this week I am refi. my home for 3.75%fixed. Now my question is what would be a good low int.cc. to get ? I have 17,500 Penfed,7500 Kroger,3000Amazon,7500Kays,1500cu and my debt is 9% and ficos of,eq763,ex736,tu745(from lo) .I want a good gas rewards card. Can anyone suggest anything?

Congrats on what you have accomplished! If you don't mind me asking when did you buy the home, who you got the mortgage through and who did you refinance with recently?

Regarding your question I would recommend the PenFed Cash Rewards Card since it has 5% rebate on gas purchases

Re: What next??

Anonymous — Mon, 23 Jan 2012 18:56:53 GMT

Home purchased 10/09,used NewSouth Fed.,sold to Chase,refi.,New South Fed.

Re: What next??

Anonymous — Mon, 23 Jan 2012 19:08:57 GMT

@Anonymous wrote:
Home purchased 10/09,used NewSouth Fed.,sold to Chase,refi.,New South Fed.

Interesting that the same Bank who originated the mortgage refinanced it later. I hope to refinance my mortgage in a year. How many inquiries did you end up with shopping for the refinance?

Re: What next??

Anonymous — Mon, 23 Jan 2012 19:13:51 GMT

@Anonymous wrote:
Thanks for the replies,I have the Penfed Promise but was afraid they would deny me for the recent refi. inqs and Amazon 4mos.ago.I have had the Promise since last May.

Just call them and talk to them,, they r very friendly and knowledgeable

Re: What next??

Anonymous — Mon, 23 Jan 2012 19:29:30 GMT

I shopped 2 other places and out of the blue the orig.guy called me and I took his deal which also save me over 1500 bucks.

Re: What next??

Anonymous — Mon, 23 Jan 2012 19:48:46 GMT

@Anonymous wrote:
I shopped 2 other places and out of the blue the orig.guy called me and I took his deal which also save me over 1500 bucks.

? did i miss something?

Re: What next??

Anonymous — Mon, 23 Jan 2012 19:55:17 GMT

Sorry dalebb was replying to fusion credit.