Anyone Seen This Before?

[Anonymous]

Got an email from Credit One Bank today. Wondering if anyone has gotten anything like this before since my curiosity is peaked now.

[Anonymous]

Be afraid. Be very afraid...    

[frugal47374]

I never got an advance notice before, but it looks like an offer of a cash advance with the related fees and interest charges.  I just tear them up since I never want to pay more than 0% to borrow money.

[Anonymous]

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@Anonymous wrote:

Be afraid. Be very afraid...    

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Not too much to be afraid of, I already have their card, have no AF with it and only a 6% interest rate. Only reason I keep it open is because I went on a wild app spree Sept-Dec last year and its keeping my age of my accounts over 2 years. And maybe because I want to see where they will cap out on a SL.....

[Anonymous]

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@frugal47374 wrote:

I never got an advance notice before, but it looks like an offer of a cash advance with the related fees and interest charges.  I just tear them up since I never want to pay more than 0% to borrow money.

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Now that makes more sense to be afraid of as the other poster commented. I didn't even think they did stuff like that.

[Anonymous]

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@Anonymous wrote:

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@frugal47374 wrote:

I never got an advance notice before, but it looks like an offer of a cash advance with the related fees and interest charges.  I just tear them up since I never want to pay more than 0% to borrow money.

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Now that makes more sense to be afraid of as the other poster commented. I didn't even think they did stuff like that.

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That would be my guess. Some sort of cash advance checks tied to obscene rates, though I could be completely wrong. 

[AverageJoesCredit]

How do you have a Credit One card with no af and a 6% apr? That would make it one of the best cards out there and would go against everything ive ever read on Credit One

[Anonymous]

its credit1. I am not intrigued.

[LittleSal]

They send a check for $250. If you deposit it they give you a $250 cash advance and increase your credit line by $250. Not a bad deal for rebuilders wanting a CLI.

[Anonymous]

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@AverageJoesCredit wrote:
How do you have a Credit One card with no af and a 6% apr? That would make it one of the best cards out there and would go against everything ive ever read on Credit One

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I had the same question but since their signature says 25% on that card I decided not to ask.