Got a decent CC offer from Capital One?? What do you think?

[drowningNdebt]

i just recieved a capital one offer the other day. it was $69 enrollment fee, $69 annual fee and 23.9% um no thankyou i shredded it. when i get an offer with no enrollment or annual fee and possibly a lower rate then i may accept just for rebuilding purposes only. i just think that the cc companies think i'm so anxious for a new cc that i'll accept anything. NOT!

[Mi Bankruptcy]

yeah.. there would be no way I would accept that offer. My interest rate will end up being 22%. As soon as it hits my card I am paying it off.

[CCsAreEvil]

i just recieved a capital one offer the other day. it was $69 enrollment fee, $69 annual fee and 23.9% um no thankyou i shredded it.

Damn sharks! That's one of the worst offers I've heard of to date. I can imagine the "top greedy bastids" in a meeting, "Profits arent high enough.. we should have some form of sign-up fee.. but what should we call it yet be politically correct... Ah! "Enrollment fee"! That sounds honest and makes it sound like they are getting something from it!"

[drowningNdebt]

there was no way i was going to pay $140 in fees up front to just have a credit card. NO way! The interest rate was bad enough. However, if I do get another card I will use it just for food and gas and pay it off at month end. So the interest rate really wouldn't be an issue.

[BK2008]

Orchard has a better a deal, 8.9%, $60.00 annual fee, charged by the month (% per). I've had the card for 9 months and they've increased my limit already, but then again, I use it for gas and pay it off every month.

[CCsAreEvil]

Orchard has a better a deal, 8.9%, $60.00 annual fee, charged by the month (% per).

I've read others who also say their annual fee for Orchard was spread over the year? That did not happen to me. Upon approval (just a $300 toy CL), they've already charged the full annual fee upfront ($59). It's really no biggie because I'll just go ahead and pay it in full after the first statement. I just think it's bizarre that it's different per account user.

I definitely plan to close this Orchard MC before a full year's up, especially with that annual fee. I see the first year's fee as a "you use me and I use you" type relationship. They are using me to get a free $59, and I'm using them for a year so they can report on-time payments to the 3 bureaus for 12 months.

[Mi Bankruptcy]

Capitol one just bumped up my credit line. I have had the card for three months. It was originally for 500.00. Now it was bumped up to 750.00. I charged $350.00 and kept making double payments. Now that I got my first trade line increase I think I will pay off my balance next month. BTW.. the card is 0% until March with no annual fee.