Credit Card Discussion Thread

[bnew]

The rest of the organizations you can join as you are applying to DCU to make yourself eligible for DCU. I paid $15 once when I joined.

As for deposits, I'm not too sure about that. I only do withdrawals from ATMs. For deposits I go to a random Credit Union near my job

i don't know how i missed the other organizations membership fees

see one now for $10

 

[winb83]

My credit union (Digital Federal) gives my FICO score for free monthly. Not sure if the score is aggregated from all 3 or just applies to one specific agency.

Edit: It is Experian-specific

There are many different FICO scores. There's a Vantage Score, A FICO 2, 4, 5, 8, and 9 scores, one used for Auto loans, one used for mortgages. The ones used for mortgages are usually older model FICO scores. My FICO for mortgages was in the 770 range and my FICO 8 score was slightly over 800 so there can be a bit of difference between them. The Vantage Score is pretty much a fake FICO places like Credit Karma gives you for free. Both Amex and Discover give you FICO 8 scores. The same score they'd use to judge your application for a credit card. Usually the newer FICO models will score you higher than the older ones.

If you go with MY FICO service you can actually see all your FICO scores in one place but it cost money.

 

[bnew]

I want to get two other credit cards, particularly for purchase protection and rental insurance coverage. is it bad practice to apply for two cards within the same month or two months?

 

[Silkk]

I want to get two other credit cards, particularly for purchase protection and rental insurance coverage. is it bad practice to apply for two cards within the same month or two months?

Shid apply for them hoes at the same time

 

[RisingSon]

I could only qualify for a secured card cause of bad credit. But I'm reading the recommended way to go about it is only using 20% of your limit at a time.

If my card limit is 200, basically I shouldn't charge more than 40 bucks on it?

So if I have a charge of close to $40, I should pay it off right away then wait for the credit to be restored? Am I understanding this right?

 

[DrDoom]

Who has the best cc for hotel points at the lowest fee?

 

[bnew]

I could only qualify for a secured card cause of bad credit. But I'm reading the recommended way to go about it is only using 20% of your limit at a time.

If my card limit is 200, basically I shouldn't charge more than 40 bucks on it?

So if I have a charge of close to $40, I should pay it off right away then wait for the credit to be restored? Am I understanding this right?

you don't need to wait for the statement, you can pay off each charge as you get them. you may be able to make payments twice a week as they appear online. try to save up $300-$500 more to increase your limit.

 

[Mike Nasty]

Who has the best cc for hotel points at the lowest fee?

Wyndham rewards Visa. There a fee card for 30,000 and a no fee for 15,000.

I have the IHG card also and it seems like there too much fukkery when it's time to redeem.

 

[bnew]

the only reasons i got the amex and they gonna end those benefits
after one month, this shyt is gonna be a anchor

Notice of Updates to Additional Benefits of your Card
As described below, we will be making updates to your card benefits. These benefits are provided to you at no additional
charge as part of your Card Membership. We encourage you to read this notice and file it for future reference. If you have
any questions, please visit the website for each benefit below, or call the number on the back of your Card.
Roadside Assistance Hotline
Effective 1/1/2020, Roadside Assistance Hotline will no longer be a benefit provided on this Card Account. Roadside
Assistance Hotline can still be used until 12/31/2019. For terms and conditions, please visit americanexpress.com/
raterms.
Travel Accident Insurance*
Effective 1/1/2020, Travel Accident Insurance will no longer be a benefit provided on this Card Account. This means
any eligible travel purchases made on or after 1/1/2020 will not be covered by Travel Accident Insurance. Eligible travel
purchases made prior to 1/1/2020 will still be covered by Travel Accident Insurance.
*Travel Accident Insurance is underwritten by AMEX Assurance Company and Tokio Marine Pacific Insurance Limited.
Subject to additional terms, conditions and exclusions. For terms and conditions, please visit americanexpress.com/
taiterms.
Extended Warranty*
Effective 1/1/2020, Extended Warranty will no longer be a benefit provided on this Card Account. This means any
purchases made on or after 1/1/2020 will not be covered by Extended Warranty. For eligible purchases made prior to
1/1/2020 one of the following will occur:
● If the original manufacturer's warranty is less than two (2) years, we will match the length of that warranty.
● If the original manufacturer's warranty is between two (2) years and five (5) years, we will increase coverage to
provide two (2) additional years of warranty**.
*For residents of Indiana, Guam, Puerto Rico, and Northern Mariana Islands, your coverage will - match the original
warranty period for warranties of less than one (1) year or provide one (1) additional year if the warranty is between one
(1) and five (5) years.
The benefit is limited to the actual amount charged to your Card for the item, up to a maximum of $10,000; not to exceed
$50,000 per Card Member account per calendar year.
**Extended Warranty is underwritten by AMEX Assurance Company and Tokio Marine Pacific Insurance Limited. Subject
to additional terms, conditions and exclusions. For terms and conditions, please visit americanexpress.com/ewterms.
Purchase Protection*
For eligible purchases made on and after 1/1/2020 the coverage duration on eligible purchases will be 90 days.
For eligible purchases made prior to 1/1/2020, the coverage duration on eligible purchases will be 120 days**.
*Purchase Protection is underwritten by AMEX Assurance Company and Tokio Marine Pacific Insurance Limited. Subject
to additional terms, conditions and exclusions. For terms and conditions, please visit americanexpress.com/ppterms.
**For residents of New York, Indiana, Guam, Puerto Rico, and Northern Mariana Islands coverage duration is 90 days.
Return Protection
Effective 1/1/2020, Return Protection will no longer be a benefit provided on this Card Account. This means any
purchases made on or after 1/1/2020 will not be covered by Return Protection. Eligible purchases made prior to 1/1/2020
will still be covered by Return Protection for up to 90 days from the original purchase. For terms and conditions, please
visit americanexpress.com/rpterms.

 

[the cool]

thinking about getting a apple card. that thing good or nah? @beaniemac

 

[beenz]

thinking about getting a apple card. that thing good or nah? @beaniemac

I have it, but have yet to use it. What's dope is u get 2% on all Apple pay purchases. And u can instantly transfer your rewards cashbacks right to your bank via iPhone as well. My boy also haves it and loves it. The titanium finish is cool tho.

 

[GoFlipAPack]

Brehs should I go Capital 1 Quicksilver 1 or Venture 1

 

[Astroslik]

I’m thinking chase sapphire reserve + Amex gold is the goat combo

 

[Obreh Winfrey]

Brehs should I go Capital 1 Quicksilver 1 or Venture 1

I think Venture is a travel rewards card, so if you travel frequently it will be preferable. Otherwise, Quicksilver is an OK cash back card, although it seems like when you hit a certain threshold you can only put the money towards your statement. You should go for the "non One" version of the cards if your credit score is good enough.

I’m thinking chase sapphire reserve + Amex gold is the goat combo

I thought they were targeting the same segment of the market. Wouldn't you just be cannibalizing one of the cards?

 

[Controversy]

I just got approved for a Navy Federal Platinum Card tonight

$10k limit