First Savings Mastercard Pre-Approval want my business

[MountainHiker]

This has to be a Subprime lender because I've never heard of them.They are offering me a Mastercard. Straight to the shredder it goes.

[09Lexie]

Never heard of them either. 

[Elcid89]

It's subprime. $75 annual fee for a (typically) $300 credit limit, at 29.9% interest.

[MountainHiker]

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@Elcid89 wrote:

It's subprime. $75 annual fee for a (typically) $300 credit limit, at 29.9% interest.

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These type of companies prey on people that are in the rebuilding stage or those not aware of the various credit options.They can make a bad situation worse.

[QAMngrGirl]

About 2 months after I started rebuilding with only an Orchard (later CapOne) $300.00 & Regular Cap One $300.00 (and Fingerhut), I received a pre-approval from First Savings MasterCard ($750.00 initial CL, $75.00 AF & 19.99% int). I still have this card (8 months) and they have auto increased the limit to $1000.00 (at  6 mos.) and waived the AF for life when I called their regular customer service number to close the account once I got my Discover IT. Leaving for util & AAoA, buying a pack of gum here or there, their C/S was super nice.

Just sayin.