@Aim_High I believe CK only put their guarantee on a produce that the data they collected when compared to your file would have a very high probability of approval (I would like to think that number is 99.9%). My CK guaranteed card is Indigo Reward Card which is targeted to people with a Bad credit rating and is stated to approve some with a FICO score as low as 300. I was to apply for Indigo now or even two years ago, their is no doubt in my mind I would have not been denied.
@citymunky wrote:My understanding of the CK guarantee is that they will pay you $50 if you fail to get approved for the product. However, since you were approved, I don't see the problem. On the other hand, I wasn't aware that Avant offered a reward card. In either case, I was able to max out their CL and get rid of their AF in less than a year with good usage habits, although my card doesn't offer rewards.
IMO, OP expected to not get approved and collect the $50, hence the "fooled again."
@acercode wrote:I don't really need it but fell for the CK $50 guarantee once again.
$300 CL
1% CB
$59 AF
I think you should close the account.
@SouthJamaica wrote:
@acercode wrote:I don't really need it but fell for the CK $50 guarantee once again.
$300 CL
1% CB
$59 AF
I think you should close the account.
+2... $59AF with a CL that wouldn't cover a grocery trip for me is junk. Save the AF for a year and open a secured card if you need a decent rebuilder card. Use it wisely and you'll have the card worth keeping for a the long run, will grow with your use and profile... and your $708 back!
