Newegg.com Preferred Account

[CardHunter]

So my son has been wanting a upgrade from Xbox 360 to Xbox One. So I ran into this website and found what he wanted then I went to checkout then went to pay and noticed the Newegg.com Preferred Account so I clicked on it and the "No Interest if paid in full for up to 12 Months" won me over, so I pulled  the trigger and was approved for $2,000. I was a little shocked by the amount because of my low scores, but this road to rebuild has light at the end of the tunnel. (MyFico 622 / Barclays 611)

[MsLadyRover]

Congrats!

[coldnmn]

Congrats! Thanks for sharing.

[alvon123]

congrats

[gdale6]

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@CardHunter wrote:

So my son has been wanting a upgrade from Xbox 360 to Xbox One. So I ran into this website and found what he wanted then I went to checkout then went to pay and noticed the Newegg.com Preferred Account so I clicked on it and the "No Interest if paid in full for up to 12 Months" won me over, so I pulled  the trigger and was approved for $2,000. I was a little shocked by the amount because of my low scores, but this road to rebuild has light at the end of the tunnel. (MyFico 622 / Barclays 611)

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Nice, grats on the new card

[JoshNurse]

Congratulations!  I do not mean to dissapoint but they do not report to any credit agency.  It does not even show up as a card on any 3 of my credit reports.  I emailed them and they never wrote back about it.  If they tell you why let me know the reason.

Thanks

[CardHunter]

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@JoshNurse wrote:

Congratulations!  I do not mean to dissapoint but they do not report to any credit agency.  It does not even show up as a card on any 3 of my credit reports.  I emailed them and they never wrote back about it.  If they tell you why let me know the reason.

Thanks

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Thanks! Yeah, I have heard that this is a hidden TL. but it's no big deal as I look at it as another foot in the door with Comenity. I have this card now and the HSN card, but the goal is to get the good cards from these guys like the Total Rewards, Sportsman's, Mypoints card. but I still have some work to do before those pop ups hit me in my face.  Thanks again!

PS. Plus the kid is going to love his new Xbox 1 so it made me smile.

[CreditUnionFan]

The NewEgg Preferred Account is a hidden TL, but in my experience required a HP on EQ.

The hidden TL is advantageous in that while it doesn't add to your credit file, if you use a large percentage of what is offered, the heavy utilization won't count against you. And, as was noted here, Comenity Capital Bank keeps track of this usage internally, so it would tend to lead to higher CLs with Comenity's other offerings.

[CreditMagic7]

Congrats!

[Loques]

Awesome, congrats!