Anyone else receive one of these? No Annual Fee 0% APR until 2003 Up to $3K limit Is this BS? Who do they pull? I live in CO. Any help would be appreciated.
I was told my the Providian rep once that the Platinum card is by invitation only so I don't think its BS. I just find it odd that with all the trouble they've been having they are now soliciting new business. You stated it was 0% till 2003, what does it increase to after that?
Odd indeed. I received an upgrade in the mail yesterday. Providian platinum 7.99% til March 2003 for purchases and BT. BT checks. The go to rate is 16.99% still. But at least no anual fee and a grace period. my other providian card is still 19,8. But i noticed they upped my cl $1000. go figure!
My brother-in-law has been getting pre-approval offers from Providian (Plat. status) every 2 weeks for the last 3 three months. The offer changes slightly and the lastest one is 10k cl, 0% till 2003 and a go to rate of 9.99% I told him to scrap the offers as he does not need them. He is what I call prime. I myself was converted to a Plat. status and other than receiving a modest ann. increase have not seen anything new in over 6 months from Providian. Best regards, Mirage
They kill me. 3 years perfect pay history... over 6k limit... and I only got to Gold with 16.99 and rebated annual fees... (yes, this is my George impression... quite good, isn't it
I hear you Marie! I emailed them asking why I haven't gotten any increases in over 18 months when I used to get them every 6 months. I have a 5k gold 16.9% also. Their response: You don't use your card enough to qualify for an increase or upgrade to Platinum. Simply paying on time and carrying a low balance will not get you credit line increases. (I've only used my card once or twice in the last 6 months). Providian's going in the sock drawer for good!!! EQ 729 EX 745 TU 795
I think that's mixed advice from them. You have to use the card every month for 6 to qualify for a line increase review... but terms aren't contingent on use...
I've had Providian for 2 years. Started at 19% 500 CL. Within 1 yr was up to $3k CL but since then I haven't had much luck. Just received a letter stating my rate was going up to 29% I've NEVER been late and always paid at least 4 times the min payment. I've never gone over 80% utilization. I called last week and did PFB to request for lower rate and higher CL. Got a call from the 'Corp office' which said that at this time there were no offers available, and that I would be notified if there was something I qualified for. 2 days later my EQ score went from 616 to 703, so I applied for the GM card and I'm going to BT everything. Providian sucks, thier customer service sucks (every time I've called they've stated they don't take requests over the phone. Must be in writing) and they are now in my sock drawer.
Marie, I was told by a Providian rep about a year ago that their Platinum account was by invitation only. She went on to say that Providian had customers (sub-prime) that had excellent payment records for 5+ years that were not offered Platinum cards. So I guess if we wait for Providian to offer us an upgrade to Platinum status, it will be a long time. I think George says it best...in the sock drawer!
I was upgraded after 5 months of a credit balance. I have not used this card in aprox 6 mo. This was my MC My gold Providian acct received a CL increase. However, It is still a gold card. No platinum :-( The only thing I was using it for was my internet service. I stopped that appx 3 months ago.
