@Revelate wrote:
@Anonymous wrote:This card should be accepted anywhere that takes Discover, right?
Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.
It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.
FT had a good writeup or two on it if you're willing to search for it.
As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.
After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation
Apparently can't pay Federal taxes with it though
.
Revelate is correct in acceptance of the card, its generally hit and miss, more miss. IMO card is over hyped. Poor earning structure, poor acceptance, poor online management of card, and low limits.
@hiro905 wrote:
@Revelate wrote:
@Anonymous wrote:This card should be accepted anywhere that takes Discover, right?
Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.
It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.
FT had a good writeup or two on it if you're willing to search for it.
As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.
After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation
Apparently can't pay Federal taxes with it though
Revelate is correct in acceptance of the card, its generally hit and miss, more miss. IMO card is over hyped. Poor earning structure, poor acceptance, poor online management of card, and low limits.
I just want to ride the free trolley through Waikiki with the cute Japanese chicks... 
@hiro905 wrote:
@Revelate wrote:
@Anonymous wrote:This card should be accepted anywhere that takes Discover, right?
Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.
It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.
FT had a good writeup or two on it if you're willing to search for it.
As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.
After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation
Apparently can't pay Federal taxes with it though
Revelate is correct in acceptance of the card, its generally hit and miss, more miss. IMO card is over hyped. Poor earning structure, poor acceptance, poor online management of card, and low limits.
I agree, but I think there's several things about it that make it desirable to many folks.
It's a bit 'exclusive' since they don't advertise, they restrict new applications to just a few states, and they manually underwrite all applications, making it unavailable to many people. Also, since it's seldom seen 'in the wild', it's likely to generate conversation when it's used, unlike most cards. Heck, if nothing else, in most places a JCB cardholder will likely have to explain to many cashiers (if not most) that it swipes as a Discover, and some people enjoy this interaction. And, the rewards are rather good, if a cardholder is able to get by with a low credit limit, at least relative to many other card issuers.
And finally, the Marukai version of the card is quite attractive... it definitely stands out in a crowd.
@hiro905 wrote:
@Revelate wrote:
@Anonymous wrote:This card should be accepted anywhere that takes Discover, right?
Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.
It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.
FT had a good writeup or two on it if you're willing to search for it.
As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.
After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation
Apparently can't pay Federal taxes with it though
Revelate is correct in acceptance of the card, its generally hit and miss, more miss. IMO card is over hyped. Poor earning structure, poor acceptance, poor online management of card, and low limits.
Out of curiosity I wrote something to generate the amount of cash back earned for both the Marukai card and the Double Cash based on annual spend. Both cards give the same CB at the $5000 mark once the former card's AF ($25 assuming you don't already have a membership) is taken into account. DC earns more below $5k in spend while the Marukai card earns more above $5k. Of course, the other disadvantages still hold.
@Anonymous wrote:
@hiro905 wrote:
@Revelate wrote:
@Anonymous wrote:This card should be accepted anywhere that takes Discover, right?
Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.
It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.
FT had a good writeup or two on it if you're willing to search for it.
As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.
After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation
Apparently can't pay Federal taxes with it though
Revelate is correct in acceptance of the card, its generally hit and miss, more miss. IMO card is over hyped. Poor earning structure, poor acceptance, poor online management of card, and low limits.
Out of curiosity I wrote something to generate the amount of cash back earned for both the Marukai card and the Double Cash based on annual spend. Both cards give the same CB at the $5000 mark once the former card's AF ($25 assuming you don't already have a membership) is taken into account. DC earns more below $5k in spend while the Marukai card earns more above $5k. Of course, the other disadvantages still hold.
Sounds about right, I just keep this thread bookmarked .
http://ficoforums.myfico.com/t5/Credit-Cards/Cash-Back-credit-card-charts/td-p/4004725
