Visa Signature / World MasterCard

[vish1]

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@lenz99 wrote:

Bank like issuing signature/world card now as these carry a higher fee(for merchant). So really, nothing special, the card has to have a minimal CL of $5k or you'll get a platinum card instead. Otherwise, I think these cards are no harder to get than regular cards with $5k CL.

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What is the base of this info? I have not heard this ever...

[lenz99]

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@vish1 wrote:

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@lenz99 wrote:

Bank like issuing signature/world card now as these carry a higher fee(for merchant). So really, nothing special, the card has to have a minimal CL of $5k or you'll get a platinum card instead. Otherwise, I think these cards are no harder to get than regular cards with $5k CL.

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What is the base of this info? I have not heard this ever...

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search "interchange fees" to get an idea and here is the fee schedule:

http://usa.visa.com/merchants/operations/interchange_rates.html

http://www.mastercard.com/us/merchant/support/interchange_rates.html

[vish1]

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@lenz99 wrote:

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@vish1 wrote:

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@lenz99 wrote:

Bank like issuing signature/world card now as these carry a higher fee(for merchant). So really, nothing special, the card has to have a minimal CL of $5k or you'll get a platinum card instead. Otherwise, I think these cards are no harder to get than regular cards with $5k CL.

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What is the base of this info? I have not heard this ever...

---

search "interchange fees" to get an idea and here is the fee schedule:

http://usa.visa.com/merchants/operations/interchange_rates.html

http://www.mastercard.com/us/merchant/support/interchange_rates.html

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Interesting...

I know wat interchange fee is, but did not know that the interchange differs based on the card used. Thanks, this is good piece of info.

[Anonymous]

I just got a Visa Signature for the first time with the Chase British Airways 100k miles signup. Does the Signature report a limit to the bureaus? It seems like I remember reading that the Signature cards do not report limits but I am hoping I just have that confused with something else.

[Anonymous]

ttbhg, my mother filled out the app. for this card last Saturday and has not heard anything. how was the process for you did you get a  instant. She received a email from BA welcoming her the FF account.   

[Anonymous]

I did not get instant approval as I used my house address instead of my PO Box, which is the address listed on my credit report. I called the backdoor number immediately after receiving the 7-10 day notice. I had to verify some of the info in my credit report because of the address mot matching up to verify that it wasn't identity theft and then they told me I was approved. Took about 3 minutes and was very easy. The thread on Flyertalk is full of people getting the pending app message so I wouldn't worry.

[Anonymous]

Ok thanks. I think i am going to go for the BA card also. Do you know if I am not approved can I move credit from my slate.

[Anonymous]

There are a bunch of people on flyertalk that called and moved credit lines from existing Chase cards to the BA card for approval. That thread is really long and I can only remember about two people getting denied. Doesn't seem like the hardest card to get.

[Anonymous]

thanks. Kind of like AA card with citi seems to be a very easy card to get.

[Anonymous]

Like the amex platinum, these cards are not special; I think it depends more on the issuer's general requirements than the card designation.  I got a visa signature and world elite MC with about 750 scores.