Barnees&Nobles MC limit increase!!!

I logged on the MBNA account on-line to pay my bill. I found out that my Barnes & Nobles Platinum Plus MC limit has been increased. They raised my limit from $6500 to $7000 and they raised my limit just three months ago. I just converted this account into Elite Rewards Card yesterday.

Ron.

 

Re: Barnees&Nobles MC limit increas

kevin,

Thanks. I'm sorry to hear what had happened to you. I think that you call them back to track down your application and it got to be somewhere inside the system.



Ron.

 

Re: Barnees&Nobles MC limit increas

kevin,

It's a joke. I think that you had better to withdraw the application. I'm glad that I didn't apply for one and their rates is not that great compared to other cards that I have. It looks like a small bank to me. If you get them approved, they will mess with you later such as never received payment, delay posting payment, decrease credit limit etc.


Ron.

 

Re: Barnees&Nobles MC limit increas

kevin,

Go apply for State Farm Bank or Target Visa. I have them for two months and I don't have any problems. I also have Citibank, Bof A and MBNA for years and I didn't run any problems. Once they approved you, you will get the card from mail.Citibank and MBNA have some good rewards card and they also have on-line payment. They posted your payments within two or three days.


Ron.

 

Re: Barnees&Nobles MC limit increas

kevin,

I don't know you wanted to apply for another lower rate Visa card. It is Everbank Platinum Visa. They got low rate 8.40% and no annual fee.I heard from others that they are hard to get like Juniper Bank. I applied for it and I got approved for $5000. They don't have any instant approval on-line. If they approved you, you will get the card. They don't change their mind to denied your application. Here is the terms:-

everCard� Visa® Platinum Important Disclosures
------------------------------------------------------------------------

Annual Percentage Rate (APR) for Purchases* Currently 8.40% (as of 3/22/2002). Variable APR if you are in Default** is 20.40%(as of 3/22/2002).
Variable Rate Information for Purchases Your APR may vary. The APR for purchases will be calculated for each month by adding a Margin of 1.90% to the Prime Rate published in the "Money Rates" section of the Wall Street Journal on the 15th day (or the preceding business day if the 15th is not a business day) of the month prior to the month in which the Billing Cycle begins. If the Prime Rate is less than 6.50% at any time this APR is calculated, then this APR shall be 8.40%. If you are in Default,** the APR for your account each month will be calculated by adding a Margin of 13.90% to the Prime Rate. If the Prime Rate is less than 6.50% at any time this APR is calculated, then this APR shall be 20.40%.
Grace Period for Repayment of Balance for Purchases 25 days from the Billing Cycle Closing Date to the Payment Due Date (provided you paid your previous balance in full by the previous Payment Due Date).
Method of Computing the Balance for Purchases Average Daily Balance (including new purchases).
Annual Fee There is no Annual Fee.***
Minimum Finance Charge For each Billing Cycle that your Account is subject to a Finance Charge, a minimum total Finance Charge of $.50 will be imposed.
Transaction Fee for Cash Advances, and Fees for paying late or exceeding Credit Limit**** Transaction Fee for Cash Advances: $2.50 or 2.5% of the amount of the Cash Advance, whichever is greater. Late Payment Fee: $25.00 each time a payment is made after the due date; overlimit fee of $20.00.



* The APR for Cash Advances is 18.40% as of 3/22/2002. The APR for Cash Advances is variable and is determined monthly by adding a Margin of 11.90% to the Prime Rate. If the Prime Rate is less than 6.50% at any time this APR is calculated, then this APR shall be 18.40%. If you are in Default, the APR each month will be calculated by adding a Margin of 13.90% to the Prime Rate. If the Prime Rate is less than 6.50% at any time this APR is calculated, then this APR shall be 20.40%.

**You will be in "Default" if you (a) fail to make any payment on your Account when due, (b) make any payment to us by check that is not honored by your bank, (c) exceed your Cash Advance Credit Limit or any Credit Limit, (d) fail to provide complete and accurate financial information in your credit application or upon our request at a later time, (e) become subject to bankruptcy or insolvency proceedings, (f) do not comply with the terms of your Account as provided in the Cardmember Agreement and any other agreement that you enter into with us in connection with your Account, or (g) we reasonably feel insecure about your ability to repay your Account balance.

***If you are enrolled in the Rewards Program, there is a $39 Annual Enhancement Fee.

****Returned Check Fee: $25.00.


Here is the link:-

http://www.everbank.com/main.asp?affid=eb


They pulled credit from Experian when I apply for mine. I don't know how tough to get the card.


Ron.

 

Re: Barnees&Nobles MC limit increas

Kevin,

State Farm Bank sent me the card two weeks after they approved it. They take a long time to sent me the card. They sent the card from Columbus,GA and you will see the rectangular envelope with two windows.
I'm glad that you close the umbrella bank account and they are not worth it.

Ron.

 

Re: Barnees&Nobles MC limit increas

kevin,

You're welcome.
Let me know.

Ron.