topic Diners Club Premier vs. Elite? in Credit Cards

Diners Club Premier vs. Elite?

MyDataMyChoice — Fri, 07 Nov 2014 05:12:12 GMT

So what is the difference?

Besides 300 AF from 95?

Re: Diners Club Premier vs. Elite?

mongstradamus — Fri, 07 Nov 2014 05:16:10 GMT

@JTC403 wrote:
So what is the difference?

Besides 300 AF from 95?

Off top of my head you get bonus categories with the elite gas groceries and drugstores, with no cap that i know of. I assume you could MS with that card.

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 05:20:42 GMT

@JTC403 wrote:
So what is the difference?

Besides 300 AF from 95?

The color.

A couple of benefits..

Re: Diners Club Premier vs. Elite?

MyDataMyChoice — Fri, 07 Nov 2014 05:21:42 GMT

I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 05:22:50 GMT

you can read about it here

Re: Diners Club Premier vs. Elite?

CreditMagic7 — Fri, 07 Nov 2014 05:24:02 GMT

@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?

You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 05:25:20 GMT

@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.

That sure is interesting to hear.

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 14:56:21 GMT

@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.

Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!

Re: Diners Club Premier vs. Elite?

CreditMagic7 — Fri, 07 Nov 2014 15:21:48 GMT

@Anonymous wrote:
@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!

Of course that's true enough longtimelurker but it still remains a hot card with very attractive starting limits when you compare to the wait period for some of your other lenders who no doubt might take take years to reach the point that Diner's is affording fresh out of the gate PERIOD. To nit pik over rewards is one aspect that already established cardholders have the luxury to scrutinize, but there are also many other positive factors for most others not yet in that comfortable minority, not the least of which can immediately be realized for them that will support going forward their own particular credit goals

Re: Diners Club Premier vs. Elite?

recruiter89 — Fri, 07 Nov 2014 15:29:23 GMT

I was approved last week for Elite and it costs $300 and they gave me a whopping $40K CL!! The highest I have on any card. So far happy with the card, looks pretty ordinary, black in color, does not say World Elite on front, but on back. They just added payment option to pay through their website but their iphone app is horrible and needs a serious update.

Re: Diners Club Premier vs. Elite?

Hockeyplayrr — Fri, 07 Nov 2014 15:33:47 GMT

@Anonymous wrote:
@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!

basically you're paying for a card with a high limit that could be used as a crowbar to get higher limits out of banks such as citi, bofa, etc. May be worth it to some who haven't broken the 10k barrier yet.

Re: Diners Club Premier vs. Elite?

navigatethis12 — Fri, 07 Nov 2014 15:33:48 GMT

@CreditMagic7 wrote:
@Anonymous wrote:
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!
Of course that's true enough longtimelurker but it still remains a hot card with very attractive starting limits when you compare to the wait period for some of your other lenders who no doubt might take take years to reach the point that Diner's is affording fresh out of the gate PERIOD. To nit pik over rewards is one aspect that already established cardholders have the luxury to scrutinize, but there are also many other positive factors for most others not yet in that comfortable minority, not the least of which can immediately be realized for them that will support going forward their own particular credit goals

You're paying for the chance to get a high limit. There's no gaurantee that you will get some astronomical figure and you just may not. People can do whatever with their money, it just doesn't make sense to me to pay an extra 300 or 95 just in hopes of getting a high limit. Keep in mind that just because one issuer gives a high limit doesn't mean that others will follow. As longtimelurker said, other places give high limits without risking an annual fee. Pentagon Federal Credit Union, Citi, and more recently Nasa Federal Credit Union are usually issuers that people get high limits from. Unless you need the extra credit, I don't see much benefit in the additional annual fee. Someone already tried to combine and was told no. BMO Harris has been issuing credit cards for a while, so it seems that they've no interest in doing such a thing.

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 15:40:29 GMT

@navigatethis12 wrote:

You're paying for the chance to get a high limit. There's no gaurantee that you will get some astronomical figure and you just may not. People can do whatever with their money, it just doesn't make sense to me to pay an extra 300 or 95 just in hopes of getting a high limit. Keep in mind that just because one issuer gives a high limit doesn't mean that others will follow. As longtimelurker said, other places give high limits without risking an annual fee. Pentagon Federal Credit Union, Citi, and more recently Nasa Federal Credit Union are usually issuers that people get high limits from. Unless you need the extra credit, I don't see much benefit in the additional annual fee. Someone already tried to combine and was told no. BMO Harris has been issuing credit cards for a while, so it seems that they've no interest in doing such a thing.

yeah.. penfed, citi, nasa fcu all rejected me, so did amex and chase. I didn't apply for this card for high limit and I only got 5k on my card, but the benefits (not rewards) I get with this card is well worth 95.

Re: Diners Club Premier vs. Elite?

Anonymous — Fri, 07 Nov 2014 15:43:16 GMT

@Hockeyplayrr wrote:
@Anonymous wrote:
@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!
basically you're paying for a card with a high limit that could be used as a crowbar to get higher limits out of banks such as citi, bofa, etc. May be worth it to some who haven't broken the 10k barrier yet.

My point was not arguing against getting the first card. So you get the Elite, which, for some at least is worth the $300 AF. You might get a nice CL, this has uncapped rewards and lots of other features that make it worthwhile.

What I don't get is why you would then get the Premier IN ADDITION! This has no reward increase (as Elite is uncapped) so you are paying $95 for extra CL. That's the bit I don't understand. Your crowbar argument (which I don't think is true at all as it happens) is satisfied by the CL on the Elite. So again, $95 for some CL when cheaper alternatives exist!

Re: Diners Club Premier vs. Elite?

Hockeyplayrr — Fri, 07 Nov 2014 15:48:00 GMT

@Anonymous wrote:
@Hockeyplayrr wrote:
@Anonymous wrote:
@CreditMagic7 wrote:
@JTC403 wrote:
I hear if you are approved for one

Say 25K for premier... i coudl apply again for elite?
You heard and read right. The 2nd app is for all purposes after the first approval a bonified shoe in, no questions asked. So be ready for that without worry or undo concern should you decide for that one too.
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!
basically you're paying for a card with a high limit that could be used as a crowbar to get higher limits out of banks such as citi, bofa, etc. May be worth it to some who haven't broken the 10k barrier yet.
My point was not arguing against getting the first card. So you get the Elite, which, for some at least is worth the $300 AF. You might get a nice CL, this has uncapped rewards and lots of other features that make it worthwhile.

What I don't get is why you would then get the Premier IN ADDITION! This has no reward increase (as Elite is uncapped) so you are paying $95 for extra CL. That's the bit I don't understand. Your crowbar argument (which I don't think is true at all as it happens) is satisfied by the CL on the Elite. So again, $95 for some CL when cheaper alternatives exist!

I agree that it makes no sense to have both. But they seem to be issuing the second card with same limit you get on the first card. For some they may think it'd be worth the extra $95 for a 25k limit. I personally, like you, don't think so.

As far as the crowbar argument, there have been numerous instances where people have called up a bank (BofA is one I remember) and asked them to match their highest limit. Doesn't always work but sometimes it does and they will. Again the second card would still be useless in that situation.

Re: Diners Club Premier vs. Elite?

navigatethis12 — Fri, 07 Nov 2014 16:22:38 GMT

@Anonymous wrote:
yeah.. penfed, citi, nasa fcu all rejected me, so did amex and chase. I didn't apply for this card for high limit and I only got 5k on my card, but the benefits (not rewards) I get with this card is well worth 95.

I wasn't saying not to get the card at all. I was saying I don't see the benefit of having both, since the Elite has all of the benefits of the Premier.

Re: Diners Club Premier vs. Elite?

CreditMagic7 — Fri, 07 Nov 2014 16:41:06 GMT

@navigatethis12 wrote:
@CreditMagic7 wrote:
@Anonymous wrote:
Still don't understand why people want to do this! You end up paying the Premier AF just for the CL, as it offers no extra benefits over the uncapped Elite. That might be worth it for some, but you can get decent CLs on free cards!
Of course that's true enough longtimelurker but it still remains a hot card with very attractive starting limits when you compare to the wait period for some of your other lenders who no doubt might take take years to reach the point that Diner's is affording fresh out of the gate PERIOD. To nit pik over rewards is one aspect that already established cardholders have the luxury to scrutinize, but there are also many other positive factors for most others not yet in that comfortable minority, not the least of which can immediately be realized for them that will support going forward their own particular credit goals
You're paying for the chance to get a high limit. There's no gaurantee that you will get some astronomical figure and you just may not. People can do whatever with their money, it just doesn't make sense to me to pay an extra 300 or 95 just in hopes of getting a high limit. Keep in mind that just because one issuer gives a high limit doesn't mean that others will follow. As longtimelurker said, other places give high limits without risking an annual fee. Pentagon Federal Credit Union, Citi, and more recently Nasa Federal Credit Union are usually issuers that people get high limits from. Unless you need the extra credit, I don't see much benefit in the additional annual fee. Someone already tried to combine and was told no. BMO Harris has been issuing credit cards for a while, so it seems that they've no interest in doing such a thing.

Agreed, which also supports the advantage for some to apping for Diner's Club while that window is still open for this new consumer mastercard offers.

........it basically (like everything else in life) boils down to what is most beneficial for your own personal/business goals both short and/or long term after all is said and done isn't it?

And to add, Diner's Club certainly is not a NASA or other CU