Weirdest Barclay's offer yet.

brainysmurf · ‎11-20-2012

It seems that Barclay's wants to turn my account profitable (get my card out of SD). This is definitely not the way.

I got a letter yesterday with an offer for an automatic CLI balance transfer. The offer stated that if I used one of the enclosed balance transfer checks for up to $1100 (my current CL) that I would get an automatic CLI for the amount of the transfered balance.

I would arbitrage it just to boost the limit, but I don't really need the room for util, and they charge a 4% BT fee & 3.99% APR on the BT.

EX / EQ / TU FICO
Start: ? / 633 / 621 March 2011
Current: 751 / 760 / 750 (PSECU, SW, QM)
My Wallet: Fidelity Amex 5k, NFCU CashRewards 10k,
SD: Barclays Apple 1.2k, Amex Zync NPSL, HomeDepot 1.2k

youngandcreditwrthy · ‎11-20-2012

That's the offer I keep getting... I owe them like $2200 out of 6500, so I'll prob pay that off and write myself a check for a few thou, just to avoid my 0% bal xfer ending. Lord knows Id rather pay 3.99% then 24.99% LOL

jsickz32 · ‎11-20-2012

I also got those checks for the same 3.99 offer. I havent used my apple card in 6 months.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

youngandcreditwrthy · ‎11-20-2012

3.99% really isnt that grrreeeattt. Mine ends like... July 2013?

jsickz32 · ‎11-20-2012

I know. I also received an email from them about the apple 0% financing offer. It seems they now offer 18months for purchases of 1999 and up. And if I spend more than 1000 buying apple products I get $10 statement credit. I was gonna buy the new imac but they are not coming out until early 2013 and this offer ends last day of december.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

brainysmurf · ‎11-20-2012

No it's definitely not a good offer, I just thought it was funny how they're trying to pray off people wanting a bigger CL.

I'm wondering if they'd just give me the CLI to buy a retina MBP? I would think so, I've been at 1100 for over a year.

EX / EQ / TU FICO
Start: ? / 633 / 621 March 2011
Current: 751 / 760 / 750 (PSECU, SW, QM)
My Wallet: Fidelity Amex 5k, NFCU CashRewards 10k,
SD: Barclays Apple 1.2k, Amex Zync NPSL, HomeDepot 1.2k