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racoon786

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  1. Unfortunately it has been 36 days over the due date. I found the TC and it appears Amex may void the BT due to missed payments and may increase the APR to 25.99 on missed payments but it doesn't seem to be a certainty.
  2. Hello, I opened an Amex card a few months back for its BT 0 APR offer and haven't setup autopay immediately (which is my mistake) and was making the minimum payments manually through their app after each statement. Last month I missed it due to some crazy things happening that are COVID related and I lost track of it. All my other cards are on auto to PIF each month.This month I saw the overdue notice on the statement and paid all the pending amount including the late fees and setup autopay. I called Amex and they immediately credit the late fees back when I called them explaining what happened. I have couple of questions and would like some advise on them: 1. Amex CSR said it won't change the BT offer due to the missed payment but somehow it wasn't convincing since I remember petty much all BT offers have some TC to rip you off with some 25% APR if you miss a payment. Should I make another call to Amex to confirm? 2. To my biggest pain point. This is my first ever missed payment . I have worked hard for over 5 years to get my scores 800+ and have been maintaining a 830 score for past couple of years. I am scared as hell what this missed payment will do that. Are there any options to beg Amex not to report it or request them to remove the derogatory if they did report? Thanks in advance.
  3. I have been with them for 7+ years and went to their bank twice, once for a car loan and once for cash withdrawal. Their savings account APR has always been competitive, it is like 1.8 now and their loans rates are decent. But they are a bit "bush league" when it comes to simple things like cash withdrawals and ATM limits. I needed some cash recently and they would not give more than 500 at the bank, it had to be a cashiers check for anything higher.
  4. I got this offer for activation when I logged into my account, 0 APR on new purchases till 3/2019. Been a cardholder for 7+ years and was a little surprised to see this since this is normally offered for new credit accounts. Anyone else seeing this? 0.00%Promotional APR on new purchases Until03/01/2019 After that, your standard variable APR applies, currently19.74%This APR will vary with the market based on the Prime Rate. Your account must be open and current for you to qualify for this offer. If your account is closed for any reason, you may no longer be eligible. Eligible purchases exclude balance transfers, cash advances, convenience checks, account fees, and interest charges. Once you activate this offer it will be effective immediately on your account. Only purchases that post to your account between when you activate and the offer end date will receive this promotional rate. All purchases must post during the promotional period.
  5. Had mine for over 10 years now that started with 3K, then did a HP to get that to 8K a few years back and it is basically stuck there. I am still seeing the standard "By clicking the "Submit" button, you authorize us to obtain a copy of your credit report and review your credit and employment histories and any other information that allows us to process your request, service your account and manage our relationship with you. Upon request, we will inform you of the name and address of any consumer reporting agency that provided reports to us.." on the online credit increase form. So, it doesn't appear the soft pull is rolled out for all cards/accounts.
  6. Ok, got it. Chase freedom at 11k and they don't do auto CLI's or have a luv button, had it for more than 10 years and they suck at increasing CLs. Penfed, rare usage since I don't like their rewards (points) and I haven't tried a CLI with them yet, not sure if it is inquiry free.
  7. I do use the 5% categories a lot on this card but yeah, probably not worth using it as much if usage is not a big factor in getting CLI bumps. Profile thread? I have to look into that, first I am hearing about it. Thanks.
  8. Do you have other cards that earn more than 1% rewards? Use is by no means a requirement to obtain the CLIs you're seeking. I have cap1 quick silver at 1.5% rewards, I had combined my old venture card with this to get total CL to 42k. I haven't received any CLI with cap1 in ages, gave up on them. Does discover allow combining cards? That might be an option to bump my CL to 50K if I apply for another of their cards and merge it end of the year.
  9. No luv anymore for me from Discover...I am at 40K limit for the last 8 months on the Discoverit card, tried the request a few time and each time getting the "not enough experience with your current credit limit" explanation. I have used an average of about 2500 a month and don't want to use it too much. Is there a way to get over the hump - perhaps a BT if the fee is less? I want at least one card to hit 50k in 2017 and this is the closest one.
  10. I had applied for Penfed visa last year, really did not pay attention to the fine print and instead of getting the visa rewards 5% cash back on gas card , got the 5X points on gas visa signature. I didn't realize it until after the first statement that their points suck. I have a 25K CL on this card and haven't been using much after the first month. I looked at their site today and the visa cash rewards card which I had wanted seems to be discontinued. There is a flat 1.5% power cash rewards card which seems quite unappealing to me. How flexible is Penfed in converting cards? I want to keep this one until they release a new rewards card with better appeal to me.
  11. I have arrival+ with 15k limit. After the intro offer I have been debating to close it before the AF date comes up but they had a BT offer of 1% that I could not pass up. I took out 12k and within a few weeks they auto CLI to 16.5k. I am not complaining about Barc but they do have some uptight rules on credit and using their rewards.
  12. Got a call from citi on my dispute and they have credited back the amount. Basically there was a jewelry purchase made on the card for about 1900 by my wife which she returned the same weekend (don't ask) that had caused the interest charged. Citi has confirmed this has nothing to do with the BT and they have credited back amount since the credit and debit posted on the same date. I looked at the page 2 of my statement and it was shown there which I missed initially thinking it was a net transaction.
  13. BT period expires in next month, I made sure I paid two months before it so there is no overlap with statement dates. I googled this but most of the sites talk about normal usage when there is a balance in the previous statement but nothing about promotional APRs. My understanding was that when I use the card for purchases during BT, there would be daily interest charges on them based on my normal APR of 18%, which is why I was paying them off a day or two later so there would be no large accumulated interest on them. I will see if I can dispute the transaction and go through their process to find out more on this.
  14. Yes, it showed balance as $0 after payment was posted. Sounds like that could be the issue. Do you know how they apply payments to a card with a promotional balance? I think that is why it is suggested not to use a card with a BT active. Possibly, I did chat with them when I first noticed the minimal interest charge on one of the statements, but perhaps I misunderstood their payment process for card usage.
  15. Per the T&C - We will begin charging interest on the date the transaction posts to your account. (The interest charge will be $0 while the promotional APR is 0%.) -Seems pretty clear from the terms that there should be no interest charged. Very minimally used this card while on BT and I had paid them off within a day or two. I seen some minimal interest charged on few of the statements but that has been like around a $1. I did get bombarded with 5% cashback offers from Citi while on BT and used them but paid right away since I knew about their daily avg interest policy.

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