Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
This is not exactly my area of expertise but 20% sounds good. Of course I'm well aware that number has been inflated artificially by the penalty APR you have probably been paying but regardless, it sounds better than some of the other offers I have heard discussed on here for different banks.
Something to research is Bank of America's credit card settlement policy after a charge-off. A few banks have policies they won't participate.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred