@belle6m2k wrote:
Recieved a Pre Approval email. It says I will be considered for the World Mastercard. In the fine print it mentions two APR's 15.25% for Tier 2 and 25.24 for Tier 1. Does anymore know the requirements for the different tiers. I am considering it because I do a ton of shopping at BJ's.
It's a Comenity card. It seems most people get the 25.24%. Not everyone of course, but the 15.25% can be tougher to qualify for. Your best chance is with high scores, few recent inquiries, etc. Of course, it's mostly an ego thing, as carrying a balance on either rate would not be ideal.
The actual card -- meh. It's alright, if you shop there a lot, the 3% or 5% can add up, but you can only redeem for purchases there (can't get cash) in $20 increments. Kind of a restrictive system when Costco or Sam's will just send you a check. The rewards are nice as long as you are sure you will remain loyal to BJ's since you can only spend the rewards there.
