@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:
I'm not familiar with credit union cards. Do you recommend any, that I can research?1. You're likely to find a good credit union that only takes people who live or work in your area. So you could research it, searching for "credit unions near me" or "best credit unions in ____ [insert your state name]" or something like that.
2. Some nationwide credit unions who will accept pretty much anybody, who have cards of the type I mentioned, are Langley FCU, PenFed, Unify FCU, Digital Credit Union, and Andigo Credit Union.
But which ones in that list are known for big SLs besides PenFed? At $7,000 for BT, that means $12,000 to be under 60% utilization right out of the gate.
I don't know.
@Anonymous wrote:
Thanks for all the ideas... I will do some researching tonight.... this is new to me, wasn't aware of these kinds of credit cards...
I wasn't aware of them either, until I learned here about PenFed and the PenFed Promise card. Since then I've added some others.
@Anonymous wrote:
Curious?!? This credit union CC.. Would it be considered a different kind of credit? My account mix is not good, I'm wondering if this kind of CC would help it?
It's considered a bank card by FICO. No difference.
@Anonymous wrote:
WHOMP! I have CC's and a lease ATM... I cant get into a mortgage and have 0 student loans... What else helps this MIX on my report?
Sorry in advance for so many quesions.....
Credit mix is a minor factor; I wouldn't worry about it.
I don't know what "lease ATM" means. If it's an auto lease it counts as an installment loan. If you mean an apartment lease, it's not a factor.
@Anonymous wrote:
Ok... so I spent the better half of the day investigating all these CU cards and by far PenFed does have the best offer 3% BT fee and 12 months 0% APR... but.... Chase Slate really had the best offer overall with 0% BT fee and 15 months 0% APR... so the only thing left was HOPE 🤞 I got a high SL...
So I pulled the trigger on Slate....
I was approved for 4,900...
Short of what I need to transfer over... ☹
The PenFed card with 3% balance transfer fee is not the PenFed Promise card; the Promise card has no BT fee.
Slate always does that; gives you too low a SL to be meaningful for a BT. And you'll hurt your scores if you use more than 28% of it. And the card is useless later on. IMHO it's a rotten card. But it's good to be in with Chase.