Comments for Credit Card Addict

Comment on AmEx Simply Cash Scales Back Gas Rebate, Blue Cash Still Offering 5% Rewards by EN

EN — Thu, 03 Jul 2008 01:09:53 +0000

Thanks for the reply. I would try converting in a heartbeat if only my spending patterns allowed for me to maximize the use of the Blue Cash card.

I don’t have enough uses for the card to charge $6500 so I’m not in the big spender category.

I’m not too fond of canceling cards, especially since I tend to take the time to research them, but I can’t seem to find a good enough reason to keep SimplyCash outside of having an AmEx card available.

Well, I guess I’ll see once the card arrives in a few days. I could always try converting and keep the card around once my spending needs increase in the future.

Anyhow, thanks again for the thoughts. I did end up laughing (if only to hold back the tears)

Comment on How to Get Free Credit Reports From TrueCredit (and How to Cancel) by EN

EN — Thu, 03 Jul 2008 01:03:26 +0000

I did something similar once that came from Citi. I just canceled before the trial was over and it went pretty well.

I’d probably do it again if the situation called for it.

By the way, how can I find out if my state mandates more than one free report a year?

Thanks

Comment on AmEx Simply Cash Scales Back Gas Rebate, Blue Cash Still Offering 5% Rewards by admin

admin — Wed, 02 Jul 2008 13:04:10 +0000

“I don’t know if I should smile at the timing or weep for my bad luck!”

If you don’t laugh, you’ll cry… In all seriousness, I’m sorry to hear of your bad timing. A couple of thoughts:

You might be able to convert it to a Blue Cash card by calling customer service. I did this with an older AmEx Optima card. The problem here is that Simply Cash is a business card, and they might not let you convert it to a consumer card. But it’s worth a shot.

As far as cancelling it when it comes, that’s up to you. Your credit report has already been accessed, so the application will show up whether or not you activate that card. But if you’re truly never going to use it, then you might want to cancel for peace of mind (but definitely try converting it first).

Comment on Who Can Apply for Business Credit Cards? by admin

admin — Wed, 02 Jul 2008 12:59:57 +0000

GJ: That’s true of pretty much any credit card issued by pretty much any company. If you read the fine print, they all leave themselves miles of wiggle room. But guess what? If they try to play games, you can vote with your feet. There are tons of 0% balance transfer offers out there. This just happens to be the longest one available.

Comment on Who Can Apply for Business Credit Cards? by GJ

GJ — Wed, 02 Jul 2008 09:06:15 +0000

Advanta Platinum BusinessRewards card offers a 15 month 0% balance transfer.

Are you crazy?

“In accordance with applicable law and the terms of your Card Agreement, we may change all of your account terms, including rates and fees, at any time for any reason. This means that your account rates, including any introductory or promotional rates offered, are not guaranteed; all account rates may be increased, fixed rates may change to variable rates, and variable rates may change to fixed rates.”

Comment on AmEx Simply Cash Scales Back Gas Rebate, Blue Cash Still Offering 5% Rewards by EN

EN — Wed, 02 Jul 2008 05:00:53 +0000

Actually, I should take this chance to ask….do you think it’s a good idea to cancel the card once it comes? I have no use for it outside of the gas rewards. If I don’t activate it, is it considered unusable?

Comment on AmEx Simply Cash Scales Back Gas Rebate, Blue Cash Still Offering 5% Rewards by EN

EN — Wed, 02 Jul 2008 04:58:22 +0000

My heart is literally breaking right now.

I JUST applied for the SimplyCash (in fact, it’s supposed to arrived any day now) for the 5% and now I find this news.

I don’t know if I should smile at the timing or weep for my bad luck!

Comment on Credit Card Number Compromised: Citi Issues New Account Number, Replacement Cards by Hadley Kilmer

Hadley Kilmer — Tue, 01 Jul 2008 03:30:45 +0000

Same thing happened to us (second time in less than a year) and we have spent several days trying to find out which merchant had the security problem - so we don’t do business with them again. Citibank referred us to Mastercard International, who referred us to the Central Fraud Department, who told us that it was being investigated and they would let us know when they have more information.

Comment on Limitations on the Acceptance of Credit Cards by Ricart

Ricart — Mon, 30 Jun 2008 18:41:37 +0000

…card users are NOT permitted to alter their credit-cards, other than signing the card when it’s issued. Period.

Check your formal ‘user agreement’ — the fine-print that comes with your card.

Adding things like “Ask for ID” on your card is a violation of your contractual agreement with the credit-card issuing company.

Of course, you can voluntarily give merchants all the ID you like… including your birth certificate & ATM password.

Certainly, every clerk or cashier anywhere can be fully trusted with your ‘extra’ personal information ??

The whole point of credit-cards when they were invented (..Diners Club Card was the first) — was that they would be instantly accepted at participating merchants… with no need to prove one’s identity. That’s still the rule with all major credit cards.

Comment on Limitations on the Acceptance of Credit Cards by Maire

Maire — Mon, 30 Jun 2008 13:00:06 +0000

I had written “Ask for Photo ID” on the back of a credit card. When I went to use it at the local post office, the woman behind the counter got irate and asked for something with my signature on it. I gave her my drivers license but that didn’t have a signature which didn’t make her happy. I ended up writing a check (and use wrote my drivers license info on it). Just for kicks I asked to see her procedure as to what was acceptable when taking a credit card. Her procedure was from October 1987. I pointed out to her that it was twenty years old and at that point she acted like my aunt’s Chihuahua and I left.