I just wanted to get a sense of what people thought of as top tier cards to have, and if based on approvals, what it takes to get them. Here's my take Credit Cards Citibank Platinum Select/Dividend Amex Blue Chase Platinum Bank of America Platinum Most require 690 or higher, resonable credit history though I think that BofA plat and Amex blue are harder to get .
IMHO hardest to get to easiest: Amex Blue BofA plat chase plat citibank plat Also IMO the best is blue and BofA plat, chase has been good to me but maybe not to a lot of others on this board. I would say if you wanted to get one I would get amex blue because of 7.99 fixed and you can get rewards or get the blue cash card, I have 6.99 on chase stockback which also gives 1% cashback so for carrying balances it is best for me. Just my .02$ cents
I got my first prime cc this year, BoA Platinum. I was rejected at first because of number of Inq. I asked for retention, and they approved. But my limit is only 3000.00 I see some people with huge credit limits from them. Why is mine considered platinum, but such a small limit?
Unless it's a platinum charge card (Amex). You need to have an income of at least $100K, or be an existing charge card member to qualify. Other platinum's try to recreate the Amex platinum glamour, but fail missarably Next thing you know, there will be the Providian Black Card ..HA! HA!
Re: Re: Top tier Cards Harsh George.... LOL but I guess you are right, unless the platinum is in the form of a debit card. http://profiles.yahoo.com/blkcarded
Re: Re: Re: Top tier Cards I got one two weeks ago. No derogs. Amex pulled my EQ, MyFICO.com score for EQ was706 oldest cc was a Cap 1 from 1996 3 other cc dating from 2000 to 2001 Utilization of 33% I did a BT transfer as well. HH Income 100,000+ Approved for 11k Hope this helps. Best regards, Mirage
Re: Re: Re: Top tier Cards Don't forget to add MBNA to this list and BankOne for that matter. Both of these are equally difficult to get.
Re: Re: Re: Re: Top tier Cards Tell me about it, still waiting battling Bank One. It's been 3 weeks and still no answer. Finally got a letter from them wanting proof of residency. I called them and said hey, I have a checking and savings account with you. Telling you guys, really don't understand Bank One. They are so ineffiecent. Amex on the other, got the Green with 7 days of applying and first statement has arrived and paid for. May tell Bank One to go pound sand. Best regards, Mirage
Re: Re: Re: Re: Top tier Cards Sorry to hear about that Mirage. Does BankOne review every app. individually like MBNA?. Asking for proof of residency is strange. I thought that was one of the reasons for pulling more than one CRA. Anyways, you've got alot of other good cards. Good luck on BankOne
Re: Re: Re: Re: Top tier Cards Brad J, yeah Bank One is one PITB outfit. MBNA was a lot easier to deal with as I spoke directly to the cc specialist. I think Cap 1 moves faster than this. Yes, your right I managed to be approved for some great cc. No complaints here, just want to get this Bank One application out of the way. Best regards, Mirage
Re: Re: Re: Re: Top tier Cards Many people report great accounts with Bank One and MBNA. I was always to afraid of the stories of rate jacking and reducing credit lines to apply for them.
Re: Re: Re: Re: Top tier Cards I've heard of Bank1 doing some funny things to cardholders like closing accounts or cutting limits, but I think that was because of account inactivity (sockdrawered). Those that use it regularly especially the United Airlines mileage plus, I've heard nothing but great things about it.
Re: Re: Re: Re: Re: Top tier Cards Many of these "proof of residency" requests are coming out as a result of the national security push. I think in many businesses so many departmentalize their activities that the left hand often doesn't know what the right is doing. For Chase, I had to provide proof of residency, proof of income, and submit income tax returns to verify residency agreed with that on the income tax returns filed for two years. One of my problems is that I live in a small town where people get their mail at the Post Office. Most credit card applications now, because of the national security thing, will not accept P.O. boxes as the official mailing address....as people do not live in a P.O. Box. I did not have to do this for the Mileage Plus card. The First USA, now Bank One Card for Mileage Plus took about two weeks to receive; the Chase card took almost a month after initial application.
Re: Re: Re: Re: Re: Re: Top tier Cards The POST OFFICE can provide a letter STATING THAT YOUR PO BOX IS YOUR ADDRESS and if they have a PROBLEM WITH THAT---TUFF!!! I live OUT-SIDE the city...but everybody uses ZIP CODE for sales tax...I GOT A LETTER FROM THE CITY SAYING BASICALLY IT IS ILLEGAL TO CHARGE ME THE EXTRA 3.00% CITY SALES TAX since I live in the COUNTY...
Re: Re: Re: Re: Re: Top tier Cards they are right. the proof of residency requirement is a new OCC ruling to help in the fight against funding terrorists, fraud, etc. HOWEVER, this typically doesn't apply if you already have accounts with the bank, unless they never got a copy of your ID when you opened your checking/savings or if it is past the 5-year limit on how long they need to keep proof on record. see if they have "proof of residency" already in your file. as a consumer, its kind of a pain; but as a lender, it makes sense.
