This is an example of why it'/s good to question everything you read on these forums

For just about anything you want to get off your chest about credit cards.
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MemberSince99
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This is an example of why it'/s good to question everything you read on these forums

Postby MemberSince99 » Sat Dec 28, 2013 4:55 pm

I was just reading FICO, and some guy just got BCP and Freedom and asks if he should app for Blue Sky to get the 30000 bonus for 500 spend. Needless to say the FICOheads all screamed NOOOOOOO Garden or you will destroy your credit!!!!!!!!!! (Some things in life you can just predict).


But then some self-proclaimed expert pipes up with this gem of advice:
If you apply for Blue Sky, it will be declied, and reason for decline will be "Dupplicate Application", Blue, BCE, BCP, and Blue Sky are all part of the Blue family and you are allowed to have only one card from the Blue family.


Um, dude, maybe I better tell Amex I'm not allowed to have BCP and Blue Sky then, because I app'd and they gave them BOTH to me as you can see in my signature.


You learn something new from the all-knowing "experts" on FICO every day....


I really wish when people don't know what the hell they are talking about, they would educate themselves before piping up, but that's too much to ask.


daniel2304
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Postby daniel2304 » Sat Dec 28, 2013 5:43 pm

My strategy when skimming all the responses that I get from my question on any forum is:
1/ Look at the title of the member. Admins, mods are definitely trustworty.
2/ How they write their response. Good spelling, format is a plus.
3/ How many other people agreed with their response? The more the better.
4/ Do my own research about some of the terms that they used in their responses.
5/ Ask for clairfication
All my posts are my opinions. All my posts mentioned "you" are merely for discussion-purpose only. No advice is given in any post at any time. It is also impossible for me to put effort to verify every statement that anyone has given.

MemberSince99
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Postby MemberSince99 » Sat Dec 28, 2013 6:14 pm

Good ideas there.


When I respond to a post, if I really don't know, I say so. No one knows everything and it doesn't bother me that I don't. Naturally I try to learn as much as I can but there are always going to be things and lots of them that I haven't got a clue about (some would say an AWFUL lot of things!).


If I'm in doubt and am just going by what others post or hearsay I mention that as well.


Of course anyone can make an honest mistake, I will grant, but then I would say hey I heard that .... and let the reader research it further.


I've come to the conclusion there are 3 things besides flat out being nasty and rude that I really dislike on forums like this:
1. People asking things like "I want an Amex would I be approved if I apply for Plat?". Wait a sec, let me grab my Magic 8 Ball and ask.
2. People who want to be spoonfed every detail and who are evidently too lazy to be bothered with a Google search and think everyone on a forum should jump all over their question and do all the work and answer it fast, perfect and free of charge. What do they think we are, their personal slaves?
3. Posers who act like they have all the answers and give flat out wrong information.


Ok there is ONE other pet peeve of mine....people who babble about the "garden" like it's a drug induced state of perfection in nirvana, as a way of life, the most precious thing in their world. Oh God that makes me want to projectile vomit....

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otter
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Postby otter » Sat Dec 28, 2013 7:53 pm

I too am annoyed by the Garden metaphors over on FICO... but have come to the conclusion that it might be useful for some of the people on that "other forum." On this forum, you typically have more savvy people- people who do their research before they apply for cards and apply for cards which serve a purpose based on their needs.

Over on FICO, you have a larger proportion of people who will apply for ANY card which will approve them. Look at some of the signatures over there and you see 50 store cards + Fingerhut + First Premier + CreditOne. And then these same people cry because the prime issuers won't touch them with a ten foot pole. Or you have the Comenity "Shopping Cart trick" people who get 10 cards(all with $100 CL) because they get them with a soft pull even though they have no need for any of the cards. And then you have the ultimate... like one clown who applied for a gas card even though there are none in his state and none anywhere he travels to and didn't realize it until after... Really? So he didn't even bother to check to see if there were any gas stations he could use the card at before he applied? That would have taken five minutes to research BEFORE he applied. Idiocy like that deserves 20 hard pulls(from each credit bureau).

So I feel your pain when I go to FICO and see "Join us in the garden" attached to someone's reply (usually with puke bucket handy), but I typically go over there mainly for chits and giggles...
In my Wallet:
  • Amex PRG NPSL[3-14, bd 91]
  • Sallie Mae MC $8000[1-14]
  • Chase Freedom $4700[1-14]
  • Discover It $2750[8-13]
  • BoA UCF Alumni Cash Rewards $5000 [3-15]
Sometimes in my Wallet:
  • GM BuyPower WEMC $5000[9-14]
  • Wells Fargo Propel 365 Amex $7000[4-14]
  • Barclaycard Arrival WEMC $7000[3-14]
  • BoA Better Balance $3000[2-15]
In my sockdrawer: Amex BCE $1000[10-13, bd 91], OCCU Duck $10000 [11-13], The Sportsman's Guide Visa $8000[8-14], Chase Slate $4000 [9-14]Delta Gold Amex $2000 [2-15 bd 91], Diners Club MC $20000 [10-14] Commerce Bank Visa $2000 [3-15] Citi Double Cash $1000 [3-15]
Total CL: $90450

samhradh
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Postby samhradh » Sat Dec 28, 2013 8:31 pm

otter wrote:So he didn't even bother to check to see if there were any gas stations he could use the card at before he applied? That would have taken five minutes to research BEFORE he applied. Idiocy like that deserves 20 hard pulls(from each credit bureau).


+CLI lolololol
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).

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Postby Dark Inertia » Sat Dec 28, 2013 8:46 pm

I am also a bit turned off by the people at FICO. They all seem nice enough, but most are very credit hungry. There also seems to be some weird status push there. It seems to have less to do with information about finances and credit and more to do with "how many cards can I get in one app spree" or measuring self worth by their credit lines.

MemberSince99
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Postby MemberSince99 » Sat Dec 28, 2013 11:13 pm

That shopping cart trick does seem to be popular over there.


That sucks about that guy's gas card. I always made sure when I app'd for those that there were local stations as otherwise like you said it's pointless - no one is going to drive two states away to buy gas using a certain card.


Knowing them, they'd be howling at him that now he HAS to keep it since they don't believe in closing cards, ever, even if you are never going to use it (or CAN'T use it). And that he needs to hit the garden :D

Callmedory
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Postby Callmedory » Sun Dec 29, 2013 6:21 pm

MemberSince99 wrote:I always made sure when I app'd for those that there were local stations as otherwise like you said it's pointless - no one is going to drive two states away to buy gas using a certain card.


Heck, I did that when buying TIRES! I live in Central CA and visit family/friends in the LA area. I wanted to buy tires at a good price, reputable dealer, with outlets in LA. Checked Costco prices for what I needed (VERY low mileage on my car, the tires rot from heat/cold before they wear out) and saved about $150.

Amazing that people don’t check things.



Wouldn’t mind peoples’ opinions on the following regarding our upcoming European vacation:

We don’t really travel enough for miles to matter, so we’re a bit averse to annual fees, but if the rewards are good enough for our non-extravagant use, we’d consider it.

- I’m getting the USAA pin-and-chip MC. The “old” MC will expire upon activation of this one. Low FTF, but still....
- I’ll open a second checking with USAA, with a limited balance, with an ATM card on it--no/low charge/reimbursed if using BANK ATMs.
- Get a 0% FTF card. I’ve read BofA is no longer an option. CSP still is, I believe. Others? Capital One?

-- Considering the lesser of the Barclaycard World MC; lesser reward but no fee and still get FICO if we want it. We mostly use our Amex Optima Plat, so this might not get much use.

MemberSince99
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Postby MemberSince99 » Sun Dec 29, 2013 7:05 pm

The BofA travel card IS a no FTF card please see the link below:
https://www.bankofamerica.com/credit-cards/products/bankamericard-travel-rewards-credit-card.go


This would be a Visa which would give you another option to your MC overseas.


Also consider Barclay's Arrival but it's also a MC, I believe this is the one you mentioned. And yes you get your TU FICO with it, and one version has a fee while the other (with lower rewards) does not, as you said.


The CSP is also a Visa and has no FTF but has a 95 annual fee. However there is a very generous sign up bonus that would pay for the fee for 4 years.


Capital One does have the Venture which is a decent card but it has an annual fee.

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Postby takeshi » Sun Dec 29, 2013 7:24 pm

MemberSince99 wrote:I really wish when people don't know what the hell they are talking about, they would educate themselves before piping up, but that's too much to ask.

People aren't going to change. It's like that on every discussion forum out there. "Always consider the source" pretty much goes without saying for anything on the intertubes.



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