@irunfromcredit wrote:
@longtimelurker wrote:They have to make money somewhere, and they seem to have done a good job preventing that for now! Perhaps the expectation is that people won't pay off the 0% promos in time, and maybe that's the reason it is so easy to set them up, people might overspend and have to pay interest. Or there will be a nerf at some point, reducing the availability of the 0% promos.
Or perhaps they have found the secret!
I would imagine there would be a good amount of people who will not pay off the promos in time. Isn't that how other credit cards make their money when they offer that kind of promotion?
Whether this card lasts or not, i am going to take full advantage of the benefits for now. I am really only using it for purchases that would normally pay over time but would have to pay some sort of interest. For instance, the purchase I currently made was for my car insurance. I usually make 4 payments, over 6 months, but pay some sort of fee. This way I can still make the 4 payment but without the additional fees! win/win for me. LOL
I plan to use it to pay our insurance too. I agree. As long as the product is available, I will use it. Enjoy!
I stand corrected on the $1800 limit as being the lowest I've heard of as another member has now posted a limit of $1200. Unreal! Looking at the credit pulls database there are 20 or so applicants and none of them have under $3k limits. I'm wondering if Blispay is starting to get more conservative with their SL's based on the 2 people that have posted in this thread with significantly lower limits with notably higher scores than others that have received greater starting limits.
If this trend keeps up, perhaps someone will get approved for a $198 limit so that they have no means of taking advantage of the financing offer? 
@beautifulblaquepearl wrote:
@Anonymous wrote:Glad to hear all of this positive feedback on Blispay as I'm strongly considering apping for it based on everything I've read on this site.
The only thing holding me back is me worrying about the credit limit I'm given. As I understand it, your SL is what it is as there is no opportunity for a recon and/or CLI that anyone knows of at this point. If I apply and end up with a $3k-$4k limit it would be quite a letdown.
If you feel your credit profile is not good enough for an optimal starting limit for you, then you should hold off on applying until a later time.
+1
That's what I did... when Blispay first came out, my EX score was around 715-720 because I still had one 'baddie' remaining. I likely could have been approved with that score (at least based on evidence provided by other myFICO members) but I realized my credit line would likely be smaller.
This is why I decided to wait and not apply until May when I had clean reports (my EX jumped to 765). I know I sound like a 'broken record', but for me the gardening paid off. I would say in any case, if you know (or suspect) that a significant score boost is obtainable in the near future, you might consider holding off on Blispay as well.
With other cards it might not matter since you can probably get a CLI or lower APR later on, but as we all know this one is different - at least for now.
Just my 2¢.
Edited to add: I just read the OP's reply to this and a few other posts... since increases in his/her scores aren't expected for a bit, it might be advisable to go ahead and give Blispay a shot... even if approved with a smaller than desired SL there's always a chance Blispay will start offering CLIs in the near future. I would at least give it some thought...
@UncleB wrote:
@beautifulblaquepearl wrote:
@Anonymous wrote:Glad to hear all of this positive feedback on Blispay as I'm strongly considering apping for it based on everything I've read on this site.
The only thing holding me back is me worrying about the credit limit I'm given. As I understand it, your SL is what it is as there is no opportunity for a recon and/or CLI that anyone knows of at this point. If I apply and end up with a $3k-$4k limit it would be quite a letdown.
If you feel your credit profile is not good enough for an optimal starting limit for you, then you should hold off on applying until a later time.
+1
That's what I did... when Blispay first came out, my EX score was around 715-720 because I still had one 'baddie' remaining. I likely could have been approved with that score (at least based on evidence provided by other myFICO members) but I realized my credit line would likely be smaller.
This is why I decided to wait and not apply until May when I had clean reports (my EX jumped to 765). I know I sound like a 'broken record', but for me the gardening paid off. I would say in any case, if you know (or suspect) that a significant score boost is obtainable in the near future, you might consider holding off on Blispay as well.
With other cards it might not matter since you can probably get a CLI or lower APR later on, but as we all know this one is different - at least for now.
Just my 2¢.
Edited to add: I just read the OP's reply to this and a few other posts... since increases in his/her scores aren't expected for a bit, it might be advisable to go ahead and give Blispay a shot... even if approved with a smaller than desired SL there's always a chance Blispay will start offering CLIs in the near future. I would at least give it some thought...
I was in the same situation Unc....knew my scores were going to be higher, so I held off. Plus I wanted to see how it all panned out with this card. The only thing is, I still haven't applied lol. I'm.glad.people who do have it are liking the card for the most part.
Yes Blispay is too good to be true but we will use it until they change it or close it.
This card seems to be the most debated card that I have seen since joining Myfico.
Its the card people love to hate and the ones that have it love it because so far we have a hidden tradeline with 2% cash back almost instantly and 6 month financing (no payment needed) on anything $199 and up.
I have two promotions going at the moment (IRS and MOTO360) and will ride the Blispay train until the wheels fall off or something else comes along that's better. 
