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christoofar

77 Contributions 35 People Helped Top Contributor
Member since: February 2009

Most Helpful Contribution

Platinum Zero® Secured Visa® Credit Card from Applied Bank®

Helpful to 9 out of 9 people

Wow this is strange. You have to give them your contact info before they let you see the Schumer's Box. So I put in some fake stuff and got to see it.

You have to give them $500 to open the deposit account, which earns 0% interest. Then it's $9.95 a month maintenance on the account.

Here's the fees:

- Monthly Maintenance Fee $9.95 ($119.40 Annually)

- Minimum Finance Charge $0.50

- Foreign Currency Fee 1% of any transaction made in a foreign currency

- Cash Advance Fee: The greater of $5.00 or 5% of each Cash Advance which includes, but is not limited to, ATM and convenience check usage; Late Payment Fee: $32 or $35 (if your credit limit is greater than $1000); Overlimit Fee: $32 or $35 (if your credit limit is greater than $1000).

Deposit Account Information and Disclosures: The Deposit Account will not pay interest. The minimum balance required to open the Deposit Account is $500.

- Oct 24, 2009
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

Activity (77 Total Contributions)

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Platinum Zero® Secured Visa® Credit Card from Applied Bank®

Helpful to 9 out of 9 people

Wow this is strange. You have to give them your contact info before they let you see the Schumer's Box. So I put in some fake stuff and got to see it.

You have to give them $500 to open the deposit account, which earns 0% interest. Then it's $9.95 a month maintenance on the account.

Here's the fees:

- Monthly Maintenance Fee $9.95 ($119.40 Annually)

- Minimum Finance Charge $0.50

- Foreign Currency Fee 1% of any transaction made in a foreign currency

- Cash Advance Fee: The greater of $5.00 or 5% of each Cash Advance which includes, but is not limited to, ATM and convenience check usage; Late Payment Fee: $32 or $35 (if your credit limit is greater than $1000); Overlimit Fee: $32 or $35 (if your credit limit is greater than $1000).

Deposit Account Information and Disclosures: The Deposit Account will not pay interest. The minimum balance required to open the Deposit Account is $500.

- Oct 24, 2009
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

First PREMIER® Bank Classic Credit Card

Helpful to 8 out of 9 people

You are so much better off getting a secured card with somebody else.   This is a fee-harvesting bank.

- Jan 01, 2011
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

First PREMIERĀ® Bank

Helpful to 6 out of 7 people

First Premier's bread and butter are their very high fee, very high interest credit cards with pitiful credit limits.    Remember, you lose FICO points when your utilization is over 10%.   So if you get a First Premier card, you can't show a balance more than $20 on a $200 CL on this card or your FICO score is going down.    Do you want a credit limit increase, then?   First Premier charges a fee for that, too.   If you are rebuilding, get a secured card with someone else!

- Jan 01, 2011
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Review by christoofar

77 Contributions
35 People Helped

TargetĀ® Credit Card

Helpful to 5 out of 6 people

I like Target's ability to download without having to go through their tiny-font website (i.e. Mint.com and Quicken).   The site doesn't update itself on the same day a purchase is made, some times it took 2 days.   I do the same thing... I pay the bill in-store or I send a bill pay check from home if the line at Guest Services is too long.     Decent credit limit $1,000.   It was stuck at $200 for a couple of years before they finally raised it.    So I still use it when I'm in the store to get the new 5% discount.

- Jan 01, 2011
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

Escape by Discover® Card

Helpful to 5 out of 7 people

DECLINED. My brother tried for this one. TU 762 from myFICO. They cite inquiries. TU he has 2, EX he has 4, EQ he has 1. Even if your real FICO on myFICO is above 750, do not apply until all your reports show 0 INQs.

- Oct 24, 2009
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

Capital One® Venture® Rewards Credit Card

Helpful to 1 out of 1 people

For a card that demands excellent credit, their APRs sure aren't that excellent.

For a card that has a high APR and an annual fee, it's not something you want to keep around in your wallet for a long time.

- Jun 26, 2010
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Review by christoofar

77 Contributions
35 People Helped

Chase Slate®

Helpful to 1 out of 1 people

DECLINED TU 747 EQ 739

WASTE OF AN INQUIRY

- Jan 01, 2010
Top Contributor

Review by christoofar

77 Contributions
35 People Helped

Navy Federal Credit Union

Navy is very friendly and helpful over the phone every time I have called them.   No Indian call centers, either.  It's all handled in Virginia.   I've called them from overseas at odd hours and always got help.   Decent turnaround times on transactions and no crazy account holds they never tell you about.   Fraud department is a bit overzealous, but they will try to call your cell phone automatically when you try to put through something that triggers their fraud alerts.   I love their billpay system.   I can both see and pay all my utility bills without leaving their website and it updates on Quicken and Mint.com easily.

- Jan 01, 2011
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Review by christoofar

77 Contributions
35 People Helped

Discover® More Card

Discover is a horrible card.  Not only do retailers have difficulty in accepting it, but the rotating categories caps and limits on the card are enough to make sure it's always in the back of your wallet or in a sock drawer.   I'm not sure how this company manages to remain profitable.   NFCU's cashRewards cards are straight forward, fair credit limits for your FICO score, since it's a CU it has low APRs compared to the bank market cards, I have no problem using it anywhere, and the cash reward has no caps on it.     Discover is an inferior product at all levels of credit quality.

- Apr 22, 2011
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Review by christoofar

77 Contributions
35 People Helped

CitibankĀ®

You are running a high risk if you keep a balance on any revolving line with Citi, especially over the long haul.   APR jacks and balance chasing are not uncommon.   Citi looks at each customer as a profit center.  Loyalty is not rewarded at Citi.   Why reward that with your business?

- Jan 01, 2011
Top Contributor

Review by christoofar

77 Contributions
35 People Helped
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