This pretty much sums up the best course of action.
Hmm i wonder if the % in the OPs signature are util vs APR?
A little convoluted but makes sense..
and if the card is that low of an APR.. Which sound crazy but is possible... I actually got some competitive offers for CreditOne a few years back.. not that low but competitive even on APR and grace period .. But im still not their target audience and that would have been a deal with the devil incarnate IMHO....
Even so.. Just say NO to that check .... only place it belongs is in the shredder.
Sorry all that I was MIA...
I haven't updated the signiture since the APR change, thanks for pointing that out I will get that changed. The APR is 6% and no AF. Some companies go above and beyond for SCRA benifits and Credit One is one of those companies they just dont advertise it. That is how I have a 0% APR PayPal 2% Cashback card and 6% Discover Card. Highly suggest anyone that was in the military or still in to apply for those benefits as I was paid back quite a bit between Cap1 and Synchrony and my coworkers got a bit back from Discover as well. Those checks back were the turn around for my rebuild actually, I woke up and instead of buying random stuff I wanted I paid down all my debt and went from 98% util to well under 10%.
Sorry for the winded reply but thought I would throw that out there to other people that could benefit.
I still want to know what that 6% is
I want to know if that's an actual NyQuil card (yes I know that sounds crazy but there are crazier things...) or just a card you put NyQuil on and if that is how it looks in person? That is hilarious if it looks like that in person.
It came today and you guys were right its a cash advance for a $250 CLI. It keep's the 6% APR and $0 for fees. I was thinking about waiting until my post date for this month to come since its a few days away then cashing the check and paying it right back once it post to the account. Get the CLI and next months payment all done at once. Unless I am missing something I don't see how that is a bad deal?
Wouldn't mind the CLI since my Cap1 will graduate credit steps this month and Disco in 1 or 2 months and I'm losing a $3200SL card in 2 months so this would help negate some of that.