I just got my 2nd preapproved Household Mastercard offer in the mail.. The first one advertised up to a $1000 credit limit...I didn't respond, and this one says up to a $1500 credit limit. What are your experiences with Household Bank? I'm considering accepting the offer to add another positive tradeline. Do they do decent credit limit increases/APR reductions/etc.? jmart
No, I have had mine for about 2 years and I started with 500 and just two month ago I finally got to 1000. In addition, I have been able to get platinum cards with both citibank and discover. I sent a request to lower my APR last week to Household and they refused to drop my APR so I am going to close it after I get another increase from one of my other cards. However I have had a wonderful experience with Direct Merchants Bank. I know other haven't but they have been really good to me. I have had them almost 2 years and I have went from 1500-5000k. I just sent my request in to lower my APR and they did to 14%. Not great but better than 21%. In addition to that, they notified me immediately when someone was trying to use my credit card for fraud!
