The offical Barclaycard Ring Thread

[Viper786]

I am really interested in this card but I have no idea what my current TU FICO is. My last score from 2 months ago included very high util and a collection. I have since had the collection removed (it was a medical collection and I got it removed using the hipaa process) and have paid down my balances.

I know there is no direct correlation between FAKO and FICO scores, but my CreditKarma score is 704 (was 628 2 months ago) and my USAA FAKO is 709. 

Maybe i'll wait about 2 more weeks for chase to report my CLI which will lower my util even more before I apply for this.

[haulingthescoreup]

OK, I've glommed three threads into this one, and there are probably some more out there.

Enjoy, everyone.

[logan_720]

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@haulingthescoreup wrote:

OK, I've glommed three threads into this one, and there are probably some more out there.

Enjoy, everyone.

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Thanks for the clarity and organization

[daveg38]

Gonna call the recon dept. today - I didn't see a TU hit this morning, no monitor alerts.  Hope my decline is due to misfire on credit report as if their requirements are true to form, I met all of them.  They stated 'credit score of 680 or more' (assuming FAKO) so I passed that.  Utilization overall is pretty good.  Already a heavy paying customer with them...

[FrugalRican]

Still don't get what's so special about this card.

All I managed to read was 8% APR... which if you have a 25% APR but don't carry a balance, really doesn't mean much.

1% on cash thingy, okay, I can get that, but I don't often withdraw from a credit card...

So what else is there? I'm seeing a lot of buzz over the internet over this card, but still haven't really seen a why?

Is it because of the 680 to get it?

[daveg38]

Profit sharing is what I read that stuck out.

Oh, and they supposedly let the cardholder have the 'say' in changes or whathaveyou.

*update*

Barclay rep said systematic decline was due to having enough credit with Apple Barclaycard....calling back after i unfreeze TU...will update..

*update*

Allocating $2000 from my Apple to the Ring...but hey, an approval is an approval, right?

Lady indicated that credit lines are interchangable at any time.

[daveg38]

Well, not a full blown approval - they ganked $2000 off my BarclayCard and allocated it to the Ring.  Still glad to be in this club as the benefits are tremendous.

[Anonymous]

Welcome to the ring.

[Coldness]

Are you able to see more information about the benefits and profit sharing and such on your account now that you're approved? I'm sure I'm not the only curious one.

[FrugalRican]

I'm VERY curious, because I keep seeing people pine over this card, but all I've found is a low APR as one of the benefits and the 1% on cash "transfers".