Sallie Mae

[Anonymous]

Yes, it appears to be a world.  No, not my EDC!

[09Lexie]

Congratulations on your approval. Even at the CL, I'm sure you'll find a way to use the cc.

[Themanwhocan]

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@Anonymous wrote:

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@Brax wrote:

What APR did they give you?

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Not sure, I just get approved, and the only way I know the CL is from the website.  Is there a way there to get the APR (before there is a statement)

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Once you can login to your account, click 'account settings' for the APR.

[Anonymous]

Congrats, I had never heard about this card before this forum but now I'm thinking of applying for it too - in the future of course.

[kaskuli]

Congrats OP but it looks like there's a lot of overlap in your portfolio

[alvon123]

congrats!!

[Themanwhocan]

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@kaskuli wrote:

Congrats OP but it looks like there's a lot of overlap in your portfolio

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The spending caps are limiting him, thats why he needs overlapping rewards categories.

[Anonymous]

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@kaskuli wrote:

Congrats OP but it looks like there's a lot of overlap in your portfolio

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Well, yes and no!   This card works in three areas:

Groceries: There is overlap with BCP, but we spend much more than $6K per year, so adding this and my wife's SM doubles this (well, at 5%).  Penfed can be used for the next at 3% but with the devaluation that's more like 2.5%, so looking at alternatives (TD and WF)

Gas:  Penfed covers this, but again with its devaluation it's more like 4%, so this is better.   No problem here as we spend less than $250 a month (and certainly less than $500 per month)

Both overlap with the 5x TYP, which is the card I use for most things, but that expires in March, so I needed something for then.

Amazon/Bookstores:  Currently covered by the Forward, but not at all sure how long that will last.  A possible category on US Bank Cash Plus, but I am using those for other things.

So the overlap is there to get over caps, to replace devalued cards, and those we expect to devalue soon.

 EDIT: See TMWC got there first!

[Anonymous]

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@Themanwhocan wrote:

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@Anonymous wrote:

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@Brax wrote:

What APR did they give you?

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Not sure, I just get approved, and the only way I know the CL is from the website.  Is there a way there to get the APR (before there is a statement)

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Once you can login to your account, click 'account settings' for the APR.

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Thanks, thought I tried that at the time!  It's 13.99%

[Themanwhocan]

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@Anonymous wrote:

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@lg8302ch wrote:
oh well..5K is enough if you only need it for the 5% categories ? .....wish Discover would have given me that ...LOL

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Yes, guess I shouldn't complain as  your Discover is 10% of your highest CL, whereas my SM is about 14% of my highest.   

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You may have something there. My Sallie Mae is 18.8% of my highest limit.