@Anonymous wrote:
@UncleB wrote:
@Anonymous wrote:
Afernoon my fellow MyFico'rs
Wanted to throw this over the fence and see what others think. I have read the Plus & Minus's of BBVA Compass, but recently receieved the all too famous BBVA Compass Clear Points Credit Card Prequalification Reservation Number Letter... LOL The APR is between 13% and 31.5% (Give or Take)... I'm not too sure if I should bite as I have just recently got a Delta AMEX Gold (only $1k SL) and a new PETAL Visa ($4.5k SL) both within the past month... I am looking to possibly although not definate, yet, look to get an auto loan possibly in the next month or so...
Have:
8 Inq
No late payments
32% Utililization
EQ 686
TU 700
EX 669
This Summer I was growing the garden...
Am Tempted on the BBVA Compass Clear Points, but not sure I should pull the trigger, being I pull 2 last month... Talk amongst yourselves... Let me know your thoughts... Very much appreciate it...
I got this card around a year ago (my 0% APR just expired) and it's not bad.
If you can make use of one of the 3% categories (I chose travel) then it might be a good addition. Compass (BBVA) can be a bit quirky, but as long as you know how they roll things are generally manageable.
Thanks UncleB!!! I have read up on how quirky they are... Issues w online payments, send a check in, long payment processing... etc... Just not sure, as still deciding on the auto loan or not...
While they are quirky, to their credit they've also been solid (i.e. no issues).
The payment thing can be easily worked around if you don't mind letting them do an ACH pull from your checking (which many on here actually prefer anyway), and in my experience the funds are available as soon as they post the payment.
Other than not playing well with my bank's bill pay, the only real 'nit' I have with them - and it's actually quite minor - is that for the 3x category it takes several extra days for the extra 2x to show up (you get 1x when the transaction posts). Of course this is still better than many cards that make you wait until the statement posts for any of the points to show up, so like I said it's a really minor complaint. I usually just took statement credits ($25 increments), but the one time I did a "real-time redemption" using the app it worked flawlessly (you can do this from the website as well), so in that way they have even the Wells Fargo Propel beat. (Real-time redemptions can be in any amount.)
Their credit lines (and APRs) seem to be a bit all-over-the-map, but I see the wide APR range as them trying to approve as many people as possible, and if you PIF it really doesn't matter, anyway. My own credit line was $10k, which isn't too bad for my profile, and I got an auto-CLI of $1500 back in the summer bringing my new CL to $11.5k (so auto-CLIs are definitely possible).
I was cautious with them due to an overall lackluster experience with them years ago, however I have to say that this time around it's been pretty good.
Just my 2¢... hope this helps with your decision!
