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02-07-2011, 10:21 PM | #1 |
Viff6N Mutated Warrior
Join Date: Mar 2009
Location: Texas
Moto: '01 Honda VFR 800 & '09 ER-6N
Posts: 8,704
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Who should I get credit card from?
It's time for me to get my first CC. I would use it for gas and online purchasing. I keep hearing it's easier to cancel a transaction or get your money back with a CC.
I know I can go directly with the major CC companies (visa, MC, capital one, etc) and through my bank or any bank. Just wondering which would be best. I can do a Visa/MasterCard through my bank. Here's the info. Although the APR for the points card is higher I do like the points idea. Who does cashback and is it worth it? Preferred Points Card 2.90% intro APR first six months 15.24% APR after that Low rate card 2.90% APR first six months 10.24% after. Then there's Capitol One and Chase. So many to choose from. My debt/cc cards have always been either Visa or Mastercard and they're accepted EVERY I've seen and been so I'd like to stick with them. Last time I checked my credit score (summer) it was around 750 I believe. I think I have it written down somewhere. |
02-07-2011, 10:38 PM | #2 | |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
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Quote:
Ur not making sense here. First CC or fifth CC?
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02-07-2011, 10:40 PM | #3 | |
Viff6N Mutated Warrior
Join Date: Mar 2009
Location: Texas
Moto: '01 Honda VFR 800 & '09 ER-6N
Posts: 8,704
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Quote:
A true debt card is when you have to enter a pin. Now days your debt card is still debt but it acts like a CC. That's why it'll have Visa or something on it. It'll be tied to my paypal account so it'll be used often for internet purchases or when I manually enter in my CC info. I would use it as a gas card and it would be nice as emergency money when out of town. I just need one for now. The main reason is for paypal and being able to get my money back if something happens. Last edited by Rangerscott; 02-07-2011 at 10:43 PM.. |
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02-07-2011, 10:52 PM | #4 |
Ride Like an Asshole
Join Date: Feb 2008
Moto: nothing...
Posts: 11,254
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Btw - my everyday card is with chase and my low apr card is with bank of america. Chase rewards were just better - tons of bonus points and neat redeeming options for cash back. BoA has ok rewards and all the bells and whistles - extended warranties and all that.
The only beef I have with chase is that it takes a couple of days for online banking to update and show my transactions. BoA on the other hand, updates in minutes. |
02-07-2011, 10:52 PM | #5 | |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
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Quote:
Listen...a debit card is a debit card because it is tied directly to a checking or savings account. Visa or Mastercard logo is irrelevant as it is still a debit card. Whether the transaction is taken as a charge or a debit is not relevant. Now a credit card is a line of credit, money which you do not have. Do you have or have you had any other loans? If you never have any other credit cards or car/student loans, you aren't going to get a CC all that easy. Most likely they will want a deposit unless you get a co-signer. Credit history is much more important for obtaining a cc. Checking or savings account never even show up on credit reports.
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02-07-2011, 10:57 PM | #6 | |
125GP Champion
Join Date: Aug 2008
Location: Worthington, OH
Moto: Empty Garage
Posts: 3,418
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Quote:
DON'T EVER GO THROUGH CAPITAL ONE. Just eliminate that from any considerations right now. Shady shady company. Discover Card. /End of thread
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*Coming soon? 2010 Ducati Monster 696 - Sold 1984 Honda VF500F - Sold 1999 Yamaha R6 - Sold Last edited by Porkchop; 02-07-2011 at 11:00 PM.. |
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02-07-2011, 11:05 PM | #7 |
WERA Yellow Plate
Join Date: Nov 2008
Location: Tulsa, OK
Moto: 08 WR250R, 12 XTZ1200
Posts: 558
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I have two credit cards. A Capital One and an AT&T card. I haven't had any problems with Capital One. I used to have a really good rate on it, but it went up about a year ago. I don't put anything on it anymore, but I still have it open. Hasn't caused me any headaches. The rate on my AT&T card goes up and down. It's not too bad right now and I had to put a couple medical bills on there and my netflix runs through it. No real problems with it either, except for the rate that jumps around.
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02-07-2011, 11:17 PM | #8 | |
Viff6N Mutated Warrior
Join Date: Mar 2009
Location: Texas
Moto: '01 Honda VFR 800 & '09 ER-6N
Posts: 8,704
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Quote:
Discover isn't accepted as much around here. Probably because they're one of the highest that charge companies to use them. |
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02-08-2011, 03:33 AM | #9 | |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
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Quote:
Any yes...when you first start out building credit, some cards give you a limit based on your deposit...I know sounds fishy.
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02-08-2011, 06:34 AM | #10 | |
AMA Supersport
Join Date: Nov 2008
Location: Redneck Riviera, FL
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Quote:
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