Credit Card Choices during Application

[Medinsane]

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Hey everybody,

I remember there was a thread about this awhile ago. I searched and couldn't find it. If anybody can direct me to it that'd be great.

Anyways, my question is: what credit card gives you more bang for your buck in terms of the application process? Because we're all gonna need to charge these fees somewhere.

 

[hardy]

Look for the Chase rewards card.

 

[C.P. Jones]

i like citibank's dividend platinum select (mastercard or visa)

5 percent cash back on gas/groceries/pharmacy
1 percent on everything else (so i guess if you spend 1000 dollars for your primary app that's only 10 bucks back...but i think that's better than getting 1000 airline miles when you need to reach levels like 25K to even get a ticket!)
and w/ gas prices these days, i love this card

although...w/ the miles cards, you do get 10K or 15K miles when you open or make a first purchase...so i guess starting w/ about 16K miles isn't too bad

 

[AggieJohn]

i like citibank's dividend platinum select (mastercard or visa)

5 percent cash back on gas/groceries/pharmacy
1 percent on everything else (so i guess if you spend 1000 dollars for your primary app that's only 10 bucks back...but i think that's better than getting 1000 airline miles when you need to reach levels like 25K to even get a ticket!)
and w/ gas prices these days, i love this card

although...w/ the miles cards, you do get 10K or 15K miles when you open or make a first purchase...so i guess starting w/ about 16K miles isn't too bad

I agree. I've got the same card and have been very satisfied with it.

 

[hardy]

i like citibank's dividend platinum select (mastercard or visa)

5 percent cash back on gas/groceries/pharmacy
1 percent on everything else (so i guess if you spend 1000 dollars for your primary app that's only 10 bucks back...but i think that's better than getting 1000 airline miles when you need to reach levels like 25K to even get a ticket!)
and w/ gas prices these days, i love this card

Same with the chase rewards card.... and if you look enough, you can find offers where you get a $100 check after your first use of the card.

 

[isobel]

you should def get one with 0% interest for an intro period. i'm not personally crazy about rewards cards since the interest rates are much higher.

 

[JHUNBC]

you should def get one with 0% interest for an intro period. i'm not personally crazy about rewards cards since the interest rates are much higher.

Great point. I charged all my application fees (primary, secondary, flights, hotels, etc.) and they quickly began racking up. Unfortunately, before I knew it, I have two maxed out credit cards with not-so-low interest rates. I'm goign to end up paying an extra hundred dollars (or more 😡 ) by the time I have all of it paid off. I highly recommend using a card with a low or no initial interest.

 

[hardy]

you should def get one with 0% interest for an intro period. i'm not personally crazy about rewards cards since the interest rates are much higher.

The Chase rewards card has a 0% APR for 12 months.

I feel so cheap promoting that card, but it's really good. I should ask Chase for a fee

 

[oneaat]

The Chase rewards card has a 0% APR for 12 months.

I feel so cheap promoting that card, but it's really good. I should ask Chase for a fee

if you're really tricky and have good timing, get an american express card (the regular kind that you have to pay off every month but doesn't have a limit). then, pay your tuition with the card (this is why you need good timing, to pay the tuition and get your loan refund checks before the bill is due). this way you've racked up massive amounts of miles or whatever your reward is.
i guess you could do this with a regular credit card, too, provided your credit limit is high enough. and yes, i am aware that this thread is about paying for applications, but the point remains for next year...

 

[etf]

i've used my amex to pay for my brother's private college tuition, and have racked up massive points; it might also be nice on the credit report, showing that i can pay off a $35,000 balance in a month...as for rewards card, i use diners club, cause you can basically tell them what you want to spend your points on, instead of settling for crap out of a catalog...

 

[OSUdoc08]

Hey everybody,

I remember there was a thread about this awhile ago. I searched and couldn't find it. If anybody can direct me to it that'd be great.

Anyways, my question is: what credit card gives you more bang for your buck in terms of the application process? Because we're all gonna need to charge these fees somewhere.

I wouldn't recommend getting a credit card. There are other ways to pay for this.

(Loans, Grants, Scholarships, Family)

 

[etf]

I wouldn't recommend getting a credit card. There are other ways to pay for this.

(Loans, Grants, Scholarships, Family)

i think that the ultimate intent of the OP is to ultimately use funds from "loans, grants, etc." to pay for these expenses, but that they are looking for a way to get something in return for these expenses that they will have to pay anyway...for instance, i have the cash in my checking account to pay for gas with my debit card, but why not use my dividend credit card and get 5% back for the purchase, then pay off the card with funds i would have used for gas anyway...

 

[C.P. Jones]

i have the cash in my checking account to pay for gas with my debit card, but why not use my dividend credit card and get 5% back for the purchase, then pay off the card with funds i would have used for gas anyway...

don't you just love that! when i pull up to the pump i start laughing (you know, the evil laugh, mwahahahaha) while everyone else is paying 3.20 for gas i'm paying a small 3.04....SWEET DEAL

 

[pnasty]

i've used my amex to pay for my brother's private college tuition, and have racked up massive points; it might also be nice on the credit report, showing that i can pay off a $35,000 balance in a month...as for rewards card, i use diners club, cause you can basically tell them what you want to spend your points on, instead of settling for crap out of a catalog...

yeah some schools dont accept credit cards tho...which is bs

 

[etf]

yeah some schools dont accept credit cards tho...which is bs

lol, like my own, unfortunately...although, processing fees are kinda steep; schools not might want to pay the merchant fees. AMEX charges upwards of 3%, which, on a $35,000 charge, means they get more than $1,000