PilotBen

4 Contributions 34 People Helped

Member Since: January 2012

Most Helpful Contribution

Wells Fargo Platinum Visa card

Mar 12, 2019
A basic no-fee card with no benefits
Helpful to 19 out of 20 people

I got this card as a secured card with $800. Then about 8 months later they converted it to an unsecured card and refunded my deposit as agreed. The deposit refund only took a day or two. Several months later they upped it from $800 to $1,200.

FICO was 620 or so when I applied and I have had the card for about 2 years now. It's good to have in the wallet to help lower credit utilization, but it is sock drawered. I will use it to buy a stick of gum every few months to keep it active, but there are far better no-fee cards that don't have such strict credit score requirements. It's not a BAD card. It's just not a GOOD card.

Activity (4 Total Contributions)

Gold Delta SkyMiles® Credit Card from American Express

Jan 21, 2019
Easy to get, Can set limit for AU
Helpful to 14 out of 14 people

Something that's not commonly discussed is that AMEX (to my knowledge) is the only card that allows you to set a monthly spending limit (so effectively a credit limit) for Authorized Users. I got approved for this card and set up my nephew as an AU so he'd have on-time payment history and length of credit when he turns 18. 

The card's benefits are nice too - first checked bag is free, priority boarding, etc., though the $95 fee isn't ideal. I guess they have to recoup those bag fees somehow.

Approved at 640, haven't tried upping my credit limit yet. 

Wells Fargo Platinum Visa card

Mar 12, 2019
A basic no-fee card with no benefits
Helpful to 19 out of 20 people

I got this card as a secured card with $800. Then about 8 months later they converted it to an unsecured card and refunded my deposit as agreed. The deposit refund only took a day or two. Several months later they upped it from $800 to $1,200.

FICO was 620 or so when I applied and I have had the card for about 2 years now. It's good to have in the wallet to help lower credit utilization, but it is sock drawered. I will use it to buy a stick of gum every few months to keep it active, but there are far better no-fee cards that don't have such strict credit score requirements. It's not a BAD card. It's just not a GOOD card.

Gold Delta SkyMiles® Credit Card from American Express

Mar 10, 2019
Helpful to 1 out of 1 people

I have a Capital One Quicksilver, a Wells Fargo Platinum, and a Discover IT card - none of these allowed me to set a specific credit limit for an AU. Also as an update, since I wrote the original review in January, AMEX has upped my credit limit twice without a prompt from me. Once from $1,000 to $2,000, then again today from $2,000 to $6,000. Credit scores are all hovering around 680 now, and I'm starting to get targeted offers for their higher-tier cards including the Platinum card.

I have read some horror stories from other people on this website about AMEX but they are doing right by me.

Platinum Card® from American Express

Apr 18, 2019

@BrownKmb1 that's a very subjective question. Some people spend that much in a week on flights and hotels, and others have to stretch a bit to spend it over 3 months. I timed my card so I could start spending on it when two things happened: 1) I moved so I paid the movers, bought boxes from UHaul, etc with it and 2) I had saved up for vacation.

Spent $4,500 in the first 3 days of having the card, but a month later I have only spent another $350 on it.

Just general advice for high minimum spends - time your cards with when you expect to have large expenses like moving, travel, buying presents around the holidays, etc. That's how I have done it, and I do not spend any more than I would normally spend.