Approved for BrightWay OneMain CB MC $3,000 SL

TattnallTrio · ‎11-19-2021

I have used OneMain in the past and saw an ad on credit karma offering me a 16% APR for a loan. It may not have been my best option but I took it. I closed on the loan today and during the closing it said I was pre-approved for a OneMain BrightWay credit card. I accepted without an additional pull on my credit. $3,000 starting limit, 26.99% APR, 1% Cashback, and after 6 payments I can chose either a CLI or a lower rate.
They offer 2 rewards credit cards. The basic one may or may not have an annual fee and the BrightWay+ has no annual fee with a credit line up to $3,000.

https://www.onemainfinancial.com/credit-cards

more information is near the bottom.

Ilinferno · ‎11-19-2021

That's great! Congrats on your loan and new card!

mrcraft · ‎11-19-2021

Congratulations on your approval!!

Affinity Cash Rewards Visa Signature $32,500

American Express Marriott Bonvoy Brilliant $25,000

PenFed Power Cash Rewards Visa Signature $20,000

U.S. Bank Altitude Go Visa Signature $17,000

Chase Marriott Bonvoy Boundless Visa Signature $16,700

ptatohed · ‎11-19-2021

I guess I am missing the uniqueness of a 16% loan and a 1% CB credit card. ?

5% CB rotating:

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Everyday 3% CB:

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Everyday 5%:

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Companion Card:

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Everyday 2.2% CB:

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Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo):

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On my radar:

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Still Waiting for an Invite:

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No hope:

FinStar · ‎11-19-2021

@ptatohed wrote:
I guess I am missing the uniqueness of a 16% loan and a 1% CB credit card. ?

@ptatohed - the OP wasn't discussing anything unique about the products they applied for. It's likely, given the alternatives, this was likely their best option. If that works for them (depending on their profile), that's perfectly fine.

Perhaps @TattnallTrio can provide more background (if they wish) as to why they selected these products.