Tire Choice credit card ripped me off. Keep it or cancel it?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
3 posts
theslater
 
Posts: 2
Joined: Fri Jul 19, 2013 1:33 pm
Location: Ft Myers

Tire Choice credit card ripped me off. Keep it or cancel it?

Postby theslater » Fri Jul 19, 2013 5:01 pm

This seems like a useful site. I found it from the money article that recommended readers go here to ask about lesser known cards. Mine that I'm here to ask about is the Tire Choice credit card. To date I have only used it once and that was to get a discount.

  • No interest if paid in full within 6 months!* $299 Minimum purchase required. Interest will be charged to your account from the purchase date if the purchase balance is not paid in full within 6 months or if you make a late payment.
  • 10% Off your 1st purchase, AND all future purchases using your Tire Choice credit card! With the exclusion of tire purchases.
  • V.I.P. Benefits!
  • No annual fee

The part about not paid in full was something I overlooked. My fault really that I got ripped off. I'm not blaming them or anything. Though after learning my lesson it makes me weary of this card and how much I will want to use it in the future, it at all.

The thing, the one thing I can think of to keep it open is the discount it gives. Like for the rest of the year it gives $9.99 oil changes if you pay with the card. My GM Arcadia doesn't need the oil changed that often and in all likeliness I might be done for this year.

If I keep this card open will it help to continue building my bad credit?


mbraceit
Green Member
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Posts: 7
Joined: Sat Jul 20, 2013 10:51 pm
Location: Westwood

Postby mbraceit » Sat Jul 20, 2013 11:18 pm

Do you know if it helps/hurts/no effect to have your credit cards from different companies? I am trying to find the answer on here. If it helps to have different companies then this might be a good thing because Tire Choice is a different co. to have on your credit report.

theslater
 
Posts: 2
Joined: Fri Jul 19, 2013 1:33 pm
Location: Ft Myers

Postby theslater » Mon Jul 29, 2013 3:36 pm

mbraceit wrote:Do you know if it helps/hurts/no effect to have your credit cards from different companies?


No expert here but I would think it helps. CFNA / Credit First Tire Choice's bank. Since I don't have any other accounts from Credit First what I have decided to do is keep the account open for at least another year to increase the average age of my accounts. The thing I am wondering now is if it will continued to be reported each month if it remains dormant. If any of you can let me know the answer it would be much appreciated.



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