Paypal card

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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GoCreditGo!
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Location: Seattle WA

Paypal card

Postby GoCreditGo! » Wed Apr 16, 2014 6:16 pm

Is it worth getting this mastercard?


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nismoZtuner
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Location: EARTH -CA

Postby nismoZtuner » Wed Apr 16, 2014 6:46 pm

GoCreditGo! wrote:Is it worth getting this mastercard?


its paypal (not so great)

look at the review of the card..
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]
Chase Sapphire Preferred[7.3]
Inquires: TU(?) EX(?) EQ(?)
TCL-$19,800
Age-22

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otter
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Postby otter » Wed Apr 16, 2014 9:45 pm

nismoZtuner wrote:its paypal (not so great)

look at the review of the card..



My thoughts:

  • Yes the rewards are nerfed. But if you accumulate 6000 points = $50. That works out to 2.4% for restaurants and gas. I mostly use the card for eating out when Freedom and Discover don't have restaurants that quarter.
  • Pay in full every month. Because the interest rate is outrageous.
  • GE is generous with CLI's. I went from 3k to 5k the first three months. I'm due for another increase...
  • They often do periodic specials. Most recently, if you used the card three times within a three week period, you got a $10 statement credit- not bad since I just made three one dollar purchases.

So a mixed bag... I could see myself ditching the card within a year- definitely not a keeper, but it gave me a 3k limit when my highest was 1.5k.

edit: The paypal user interface is terrible.- Makes US Bank's look good by comparison. And when you make a payment... they take it out of your bank account within 5 minutes and then they don't credit your account for 3-4 days.
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

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nismoZtuner
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Postby nismoZtuner » Thu Apr 17, 2014 12:45 pm

otter wrote:edit: The paypal user interface is terrible.- Makes US Bank's look good by comparison. And when you make a payment... they take it out of your bank account within 5 minutes and then they don't credit your account for 3-4 days.


just like an insurance company..

"pay me as soon as possible or you'll bet in trouble but if you need me I will take my sweet time"
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22

randeman
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Location: New York, NY

Postby randeman » Sat Apr 19, 2014 11:18 am

otter wrote:My thoughts:

[*]They often do periodic specials. Most recently, if you used the card three times within a three week period, you got a $10 statement credit- not bad since I just made three one dollar purchases.


I am thinking the statement credits are why they have such outrageous finance charges. I have the smart connect credit line and they offer these to me every other month or so.

Actually, I do like the regular CLIs. I usually get one every four months and they have always been in the neighborhood of $500 each time. The last one, however, was only $200. But I have been carrying a rather large balance due to a substantial purchase, so that may be why.
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).



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