Cards I regret

For just about anything you want to get off your chest about credit cards.
19 posts
FutureBillionaire
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Postby FutureBillionaire » Wed Jul 25, 2012 10:31 am

From what I see in the media and on here, I wouldn't touch Chase or City bank. I hated bank of america and still signed up for 3 cards with them. Smh. Discover, Amex, and Penfed have been awesome in almost every way. I'm getting 2 more credit cards, and then I'm done. One will be with Amex and one with US Bank. I can live without the Chase Freedom.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape


MemberSince99
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Postby MemberSince99 » Wed Jul 25, 2012 10:40 am

Honestly it's just bad news to carry a balance it puts you at their tender mercies if you can't immediately pay it off.

hematino
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Postby hematino » Wed Jul 25, 2012 11:13 am

MemberSince99 wrote:If you don't like them, why deal with them? There are other fish in the sea.


LOL, at first I just wanted to see if I was blacklisted or not. Then I figured if I wasn't blacklisted then I'd see how many sign up bonuses I could weasel out of them without ever paying a cent of interest. What are they gonna do, close my cards and blacklist me? I don't care. Already got the 10,000 points with the Forward and am waiting to receive the $100 for the Dividend. Next year I'll probably apply for one of the AAdvantage cards or maybe the Premier Thank You or whichever one it is that gives free companion tickets. Then cancel after a year. When I have to carry a balance on a card, it will NEVER be Citibank. I don't care if I have to sell my house, car, left arm, first born child, etc to pay the bill in full, but all of those things will happen before Citi makes anything other than the processing fee off of me.
Now she's eyeless.
The snakes she held once
Eat up her hands.

MemberSince99
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Postby MemberSince99 » Wed Jul 25, 2012 12:34 pm

Amex might well do exactly that from what I've seen. I'm not technically blacklisted with them, but I'm for sure "persona non gratis". Citi probably wouldn't but they sure have their quirks too.

They have never liked me. I've applied for their Forward card 3 times in the last 18 months and was declined with the 7-10 every time. And as you know with Citi Recons are very difficult to do. I tried but they shot me down flat. One of the times the reason was that I wasn't carrying a balance on a credit card. I was like REALLY that's why you declined me, would not recon it. So then I made sure a balance hit but they found other reasons and I finally figured out that I could be crucified and come back from the dead in 3 days and they'd find a reason to decline me. I haven't app'd with them since and don't plan to again as it would just be a wasted inquiry.

jeffysdad
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Postby jeffysdad » Wed Jul 25, 2012 2:49 pm

I regret nothing.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

432521
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Postby 432521 » Wed Jul 25, 2012 5:43 pm

jeffysdad wrote:I regret nothing.


very true, why go thru life with regret. what's done is done.

I will say i am normally a very impulsive person, but thank goodness when it comes to applying for credit cards I am not. It took me 2 weeks to decide to get my Freedom and close to a month for me to decide to get my More.

I was at work the other day and our company has a visa credit card that has a horrible interest rate right off the bat somewhere around 22-29%. I can't tell you how many people apply so they can get 15 dollars off their bill and in the end fail to get the card.
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

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Snowman
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Postby Snowman » Wed Jul 25, 2012 8:46 pm

Like 99 has said, I'm thinking about going all cash pretty much. The only thing I would put on my card is something that is 100+, or it's my phone bill. Other than that, everything else is cash. Before I had a CC, I almost always took out a boat load of cash ( I make 600 a month, already know how much my bills are going to be and how much I want in my checking account, and that's it, and take out the cash and then use it until my next check). I sometimes regret having a CC, but an emergency might rise so that is really the only reason I am really keeping this card open right now. Like my Grandpa used to tell me "If I ain't got the cash to buy it, I ain't buying it."
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

432521
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Postby 432521 » Wed Jul 25, 2012 9:41 pm

Snowman wrote:Like 99 has said, I'm thinking about going all cash pretty much. The only thing I would put on my card is something that is 100+, or it's my phone bill. Other than that, everything else is cash. Before I had a CC, I almost always took out a boat load of cash ( I make 600 a month, already know how much my bills are going to be and how much I want in my checking account, and that's it, and take out the cash and then use it until my next check). I sometimes regret having a CC, but an emergency might rise so that is really the only reason I am really keeping this card open right now. Like my Grandpa used to tell me "If I ain't got the cash to buy it, I ain't buying it."


i agree with your sentiments but there is an upside to having credit cards and not cash. Lets say you get mugged, knock on wood, with cash most of the time your money is gone forever but if you have cards you can just call an cancel and loose nothing. Also now a days the credit card companies have those extended warrantees if you pay in full with the card.
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

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Snowman
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Postby Snowman » Thu Jul 26, 2012 3:01 pm

True that^ 432521
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.



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