- Centurion Member
- Posts: 277
- Joined: Wed May 27, 2015 10:08 pm
- Location: Houston, TX
Well if your're like me you like opening those "pre-approved" envelopes just to see what kinda offers the lenders want to give you this time. Well this one takes the cake as the craziest offer I've ever received.
Lender: First Premier Bank
Credit Limit: $700
Annual Fee: $175
Actual Credit Limit: $525 (Credit Limit minus Annual Fee / hidden fee)
Authorized Users: $19 per AU. Each card is deducted from your Credit Limit (example: $525 - $19 = $506)
Special offer: Enjoy Premier credit protection for some absurd price per "X" amount of dollars. EMV chip included
Worst of all is that I've seen a couple of these at work lately and wondered what they were all about.
Kohls: $300, Discover IT: $1.8k, Capital One Quicksilver: $2k, Amazon Store Card: $2.2k, BoA Cash Rewards: 1k, Chase Freedom: 3.2k, AMEX HHonors 3k