Author Topic: Misc Credit Card Questions  (Read 710065 times)

Offline @Yehuda

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Oct 2013
  • Posts: 9809
  • Total likes: 155
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9075 on: December 11, 2019, 10:41:31 AM »
If you've gotten any Chase card in the last 30 days. There is a 1/30 rule guideline (1 card every 30 days) for the business cards, so you want to wait until you're at least past that. You'll get a denial unless you haven't gotten ANY (personal or business) Chase cards in the last 30 days.
So firsr biz then after approval a personal should work.
Thank you. I applied for biz first (got 7-10 days), but didn't wait for approval before applying for a personal. Guess we'll see.
Update: recon was able to approve the biz first. Then next day recon approved the personal. B"h. Now I'm hearing that getting 2 Chase cards in a short period of time is a red flag these days... any idea on that?

Offline Joel2

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2018
  • Posts: 2591
  • Total likes: 345
  • DansDeals.com Hat Tips 39
    • View Profile
  • Location: NYC
  • Programs: Hilton Diamond, Wyndham Diamond, Hyatt Explorist, Marriott Gold, IHG Platinum, National EE, Hertz PC
Re: Misc Credit Card Questions
« Reply #9076 on: December 11, 2019, 10:44:23 AM »
Update: recon was able to approve the biz first. Then next day recon approved the personal. B"h. Now I'm hearing that getting 2 Chase cards in a short period of time is a red flag these days... any idea on that?
Its recommended to wait 3 months in between chase applications.

Offline Alexsei

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2011
  • Posts: 3509
  • Total likes: 156
  • DansDeals.com Hat Tips 5
    • View Profile
    • Travel & Kivrei Zadikim
  • Location: in my pants
Re: Misc Credit Card Questions
« Reply #9077 on: December 11, 2019, 04:36:11 PM »
I got this email from discover, Iv'e never kept a balance on my cc, wondering what effect it will have on my cs if I utilize 50%+ of my available credit on this card and pay only minimum payments till the promo expires?

Gullible? Click here to find out!

Offline Pad18

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2014
  • Posts: 792
  • Total likes: 73
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: United States
Re: Misc Credit Card Questions
« Reply #9078 on: December 11, 2019, 04:53:33 PM »
I got this email from discover, Iv'e never kept a balance on my cc, wondering what effect it will have on my cs if I utilize 50%+ of my available credit on this card and pay only minimum payments till the promo expires?



Credit score is calculate also based on your utilisation. So your score will drop I'd you u are using 50% of it.

However, if you don't have any plans for a mortgage/loan/lease or so , and you need that money. It's the cheapest option do do. Again it's depends your nedes.

Keep in mind that there's business card with 0%apr as well and they do not report, so it will be a better option to consider..

Offline Alexsei

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2011
  • Posts: 3509
  • Total likes: 156
  • DansDeals.com Hat Tips 5
    • View Profile
    • Travel & Kivrei Zadikim
  • Location: in my pants
Re: Misc Credit Card Questions
« Reply #9079 on: December 11, 2019, 04:57:57 PM »
Credit score is calculate also based on your utilization. So your score will drop I'd you u are using 50% of it.
Utilization of each card or of total credit ?
Gullible? Click here to find out!

Offline Pad18

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2014
  • Posts: 792
  • Total likes: 73
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: United States
Re: Misc Credit Card Questions
« Reply #9080 on: December 11, 2019, 05:04:39 PM »
Utilization of each card or of total credit ?

Total, but in general the bank's don't like to see that you use all the limit of a card, it's makes them more worry. (Might be different if it's a 0% apr, as they understand that's it's for that reason ..)

Offline TimT

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 18368
  • Total likes: 1134
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Misc Credit Card Questions
« Reply #9081 on: December 17, 2019, 09:08:40 AM »
With all the recent protection changes is amex still the best to use for expensive electronics ?

Offline TimT

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 18368
  • Total likes: 1134
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Misc Credit Card Questions
« Reply #9082 on: December 17, 2019, 01:35:53 PM »
With all the recent protection changes is amex still the best to use for expensive electronics ?
BUMP. The line behind me is building up & I'm getting dirty looks. :)

Offline stooges44

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2017
  • Posts: 5708
  • Total likes: 1332
  • DansDeals.com Hat Tips 260
    • View Profile
Re: Misc Credit Card Questions
« Reply #9083 on: December 17, 2019, 02:58:52 PM »
BUMP. The line behind me is building up & I'm getting dirty looks. :)

Hahahahaha!! My understanding is that all the amex changes are taking affect after 12/31.
If it's not free shipping it's not worth it.

Offline TimT

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 18368
  • Total likes: 1134
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Misc Credit Card Questions
« Reply #9084 on: December 17, 2019, 03:06:33 PM »
Hahahahaha!! My understanding is that all the amex changes are taking affect after 12/31.
But changes would affect prior purchases, no ?

Offline stooges44

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2017
  • Posts: 5708
  • Total likes: 1332
  • DansDeals.com Hat Tips 260
    • View Profile
If it's not free shipping it's not worth it.

Offline TimT

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 18368
  • Total likes: 1134
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Misc Credit Card Questions
« Reply #9086 on: December 17, 2019, 04:16:54 PM »
Is Amex still better than Chase & Barclay for long term protection/warranty ?

Offline yossig

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Sep 2015
  • Posts: 704
  • Total likes: 93
  • DansDeals.com Hat Tips 5
    • View Profile
  • Location: brooklyn
Re: Misc Credit Card Questions
« Reply #9087 on: December 19, 2019, 02:44:32 PM »
If I brought an item with a chase card and they closed the card, can I still utilize the extended warranty benefit?

Offline avrohomgelb

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1175
  • Total likes: 157
  • DansDeals.com Hat Tips 6
  • Gender: Male
    • View Profile
Re: Misc Credit Card Questions
« Reply #9088 on: December 19, 2019, 03:25:53 PM »
Don't see any international fees on Freedom card which was downgraded from Preferred, can I rely on this for the future?

Offline Agoldsc1

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2015
  • Posts: 1148
  • Total likes: 50
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: New York, NY
Re: Misc Credit Card Questions
« Reply #9089 on: December 19, 2019, 04:45:57 PM »
What's the best card for approx $45k of legal fees?