Hello, Does anyone here had experience with this card, got a letter about transfering some of my other credit card accounts and having no apr. till 2003 and then a apr. of 11.99% sounds good but I am very leary of Providian.
Be careful, they may "jack" you. I had mine and dear wifes jacked to 30%. I would steer clear. Try to get a Capital One "no hassle" or a AT&T universal.
Thank you for answering me so soon, I really appreciate taking time to write me and I certainly will take your advice.
My wife has a Providian platinum at 23.99%, $1,000 CL. no annual fee, no security dep. Now I ask you what kind of a platinum card is that? Called a few weeks back to get rate reduced, the CSR laughed us off the phone. So, its going in the sock drawer - transferred the balance to BOA gold at 2.9% introductory till 2003. Providian sux.
No George, it is because they have to. They want to get rid of all the riskier customers. If you did not go in with about 680 (Estimate), they really do not want you. This is part of the settlement with the gov. This is why many accounts over five years old were sold to CHASE. It is unfortunate because so many people went in to build or rebuild their credit only to find themselves squeezed out because of the policies established by a former CEO. H
Hello Big H, So it doesn`t really matter that I own my own home been at the same job going on 28 years and trying to rebuild my credit I guess my score was around 650......too bad I would have made a good customer.
Maybe I spoke too soon. Just got a congratulations letter today informing me of a 7.99% purchase APR between August 2002 and Feb 2003. After that Prime plus 14.24% curretnly 18.99%. They also enclosed three convenience checks as well. I guess the phone call worked after all. P.S. this is on our Smart Card, not the platinum.
