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As of today... "The immediate bank deposit of $1 coins ordered through this Program does not result in their introduction into circulation and, therefore, does not comply with the intended purpose of the Program." No enforcement mentioned. "The United States Mint pays for standard shipping and handling of domestic orders." I say it is still, as always, very risky.

The post above mine is particularly excellent in its accuracy. The only thing that I can add is to contribute the most you can afford to the secured card's savings account. We are certain that toy limits can lead to related denials from future mainstream lenders if your limits on one or more cards are under $1000.

Most likely because there are two address levels in a customer's U.S. Bank profile. The customer information profile, and then an account profile. These can have independent addresses, and the previous U.S. Bank profile most likely accidentally superseded the new account while merging the two. Not saying it should happen. Just giving a bit of insight into the issue. It's an easy enough fix - just something to keep an eye out for. I suspect that is the lessor of Hege's concerns and mine, although it's nice to know a possible cause. Do you have any insight over why the heck they would report the purchased account as new?

One last thing to add to mix is whether the CO is a revolving account that currently shows both a balance and a CL. That will impact Util. In that situation it is a real tough decision to pay because it can both greatly reduce util and ensure that the negative aspect is reported for another seven years. This is true only with COs from OCs rather than CAs on COs.

I just got off the phone with a supervisor at US Bank. She says that they are making no changes internally and if I think there is an error to dispute with the CRAs. It is clear that even with no disputes back the new account is going to be verified. This had to have been by design. We are all stuck with a new account. I closed the account. I know that this won't help my fico hit, but at least during a manual review my open accounts will be older. I know that one of us is going through a refi, and she can at least tell them what happened and that she closed the account when it was clear that this happened.

I'm confused, didn't they give you an option to close or do you just really want to keep this card? Sure, they probably gave us that option, but it wasn't accompanied with "Oh, and by the way, we are going to close your RBS account on your credit report and show US Bank as a brand new card on your report." Along that line I have the same card (no new one from US Bank) AND the same account that shows closed and the card still works. I called and got some salamander and have disputes in; I'll report the results. If it not totally favorable I am so going to close so as least no current open accounts will be new.

I've received no new card as of today.

Does anyone have a link to the thread about US Bank showing it as a new account? They show my RBS card as closed and the US Bank card as a new account as of 10/2010. I have disputes in with all CRAs but hope others have new information. Nearly all inqs have fallen off and I thought I had no new accounts...this sucks.

Sure it depends on the type of business, but... One in four Amex customers use only their Amex card over any thirty day period. Amex customers average HHI is over 100K. I don't remember the exact amount, but the typical purchase made on an Amex is around twice the amount of the typical Visa/MC purchase. I do know in my gift shop a few years ago my average was $74 and $35, respectively. From the article, lets say you gain two more customers accepting Amex and they spend $200 each instead of $100, that extra $200 net sure beat saving a buck 95 by not taking Amex.

You very likely are part of the "credit steps" program at CapOne. Those cards are given to subprime borrowers and even some day if you have a credit score of 827 you will never go above a $2,000 limit and most don't go above $1,000. The cards are among the few that will never graduate to anything better under any circumstances. I have one that I will cancel soon. I have a very high score and even Hooters has been attempting to play the "keep up with the Joneses game" with my higher limit cards. CapOne is stuck at a $750 limit; I used to have bad/little credit and CapOne was one of my first cards. Even when calling to cancel they said no go with a limit over $750. Once you are subprime in CapOne's eyes you have that status permanently until you apply for a new card. Then again who with good+ credit would want CapOne? I have been with them for a long time and can say with confidence that the only reason to keep them if you believe that you are part of the Credit Steps program is if they are by far your oldest card and you have no annual fee.

Hopefully some will find this entertaining. I am one of those "thank you Credit Boards for helping me get from 575 to 771" people and so I don't post as often as I should any more (I'll try to contribute back more when I can as I have some good advice...on a related note I generally just followed Hegemony's advice). Early last year I got rid of the last of the badies and did in fact shoot from low to very high overnight as far as ficos. I quickly got some new cards and fired CapOne (a credit steps account) and First Premier and have not applied for new credit since and have no inquiries affecting my scores since my reports reflect none in the past year. I haven't spent the money to check my scores in a long time but suspect that they are high sevens or higher even with a couple new accounts that are approaching two years old. So today I get an envelope with the outside marked in red capped military style lettering, "WE WANT YOU BACK" from First Premier. What a waste of marketing dollars. Interestingly, it said it was a pre-approval but with "stop receiving pre-screened" language (is that a new way around the law?). They also generously offered me an interest rate of 59% and a processing fee of $45 and an annual fee of $75. How totally entertaining. Yes, I am certain that I am going to take my 800ish score and sign up for this offer. More importantly, if you have a CapOne "Credit Steps" card or one from First Premier run as fast as you can and never look back when it makes financial sense.

They also pull Telecheck.

I am a sample of one, but when I applied for a car loan at a dealer about fifteen months ago they told me my auto enhanced score. I had no car loan on my report. My EX auto enhanced score was about 25 points less than my EQ and TU ficos and my last EX fico that I was able to obtain early in the year.

My company allows up to five to be named for direct deposit with a percentage for each.

Their paper application that I obtained in a branch asked for a credit limit amount.