all about credit cards-thread 4

[chubzkittinz]

pwede na ba magcash advance sa citibank kahit new lang yung card?ganun kasi sa eastwest e..

[Evolet027]

Hi! I requested for a VISA Amore card ng BPI, I already have their Skymiles Mastercard, ito reply saken:

We understand that you wish to request for an Amore Visa Card. Please be
informed that we may request one to be linked to your existing card. Please
note, however, that your link card will share the same credit limit with
your existing card but will have a separate annual membership fee. Kindly
inform us if you wish to proceed with this request so that we could file it
accordingly.

So sis, 2 cards ko pero, same credit limit lang sila? tama ba? like kung 50k and limit ni Skymiles, 50K din limit ni Amore? or sa 50K na limit ni Skymiles, bale tig 25K na lang ba sila?

thanks sa pag enligthen.

[j.adore]

Linked limit means they share the same limit. If you charge 10k in any of them, you have 40k remaining limit for any of them.
Parang supplementary except you have both cards.

[Evolet027]

Aww, so better to apply for other VISA card na lang. parang wala lang, nagdagdag lang ako ng isang annual fee. free for life pa naman skymiles card ko.

Thanks si j.adore!

[Queen Chokolah]

^yes sis. If I were you, kung wala ka namang habol sa visa amore na privileges, wag ka na lang magpadagdag ng card. Kasi dagdag annual fee lang yun. tapos di naman madadagdagan credit limit mo.

[blackgreen]

^agree! Yun sa BDO ko di ko pina-activate yun AMEX kasi shared credit limit lang naman tapos dagdag annual fee pa.

Someone from HSBC called earlier offering me of their Gold Visa, may free na American Tourister luggage worth 3900 daw if you purchase worth 2k using the card, pero if you cancelled the card within 18 months, sisingilin yun 3900. Not bad since the annual fee daw is 2500. So if ever 2500 mo lang binili yun bag tapos may new credit card pa. Hahaha..

[Evolet027]

Nice offer.

[Queen Chokolah]

Someone from HSBC called earlier offering me of their Gold Visa, may free na American Tourister luggage worth 3900 daw if you purchase worth 2k using the card, pero if you cancelled the card within 18 months, sisingilin yun 3900. Not bad since the annual fee daw is 2500. So if ever 2500 mo lang binili yun bag tapos may new credit card pa. Hahaha..

I'd take on that offer! haha you can always have your annual fee waived. And mataas daw magbigay ang HSBC ng credit limit, tama ba? And to think gold ang ino-offer sayo.

Hay how I wish I have all these credit cards. I have been a credit cardholder for 3 years na pero supplementary. I only got my own cards on the 3rd quarter last year. Super liit ng limit nakakatawa lang. Kaya I am still using that supplementary card kasi malaki ang limit namin doon. Yung limits ng dalawang cards ko, kahit pagsamahin nasisimot ko pa rin at ng mga supplementary ko haha. Pero I am building up my credit rating. In my supplementary card, I never had to pay a dime on finance charges and interest rates. So I'm doing the same on my own cards. I always pay in full and on time. Hopefully mag offer na din ang ibang banks. I badly need more cards yes I am addicted to credit cards and I know it's bad but I have grown too dependent on them now.

For me, BPI has the best credit card. Mababa ata sila magbigay ng limit sa una pero panalo ang features nila. Almost always may promo na nare-redeem na food (except for some months). The ever trusty balance transfer and credit to cash, and most of all, yung Buy Now Pay Later promo na may separate credit limit (usually twice your regular credit limit). Gusto ko talaga magkaron ng BPI.

[blackgreen]

^yep sis. Hopefully it will be approved, subject to approval pa rin naman daw kasi yun offer. So parang nag apply lang din ako bago card. Ang nagustuhan ko talaga yun free luggage, in time sa mga planned travels. Sana ma-approve.

Citibank ang gustong gusto ko magka card pero never ako na approve. Siguro meron kasi ako time na hindi always in full bayad sa ibang cards kaya di nila ako iapprove.

[Evolet027]

declined ako sa citibank and hsbc dahil wala pa daw 1 yr ang existing credit card ko.

[donselle]

Hi mga sis! Questions lang: Is it possible na magamit mo ang CC mo once para bumili ng gamit on installment and then ang next na gamit mo eh, say, four months later? Hindi kaya ako ma-charge ng husto dahil dun?

Another question: strict ba ang CC companies sa annual income requirement? Most CCs kasi na nakita ko eh at least 180k ang required na annual income, kaso mas maliit pa dun ang akin.

TIA!

[Queen Chokolah]

^as long as kasya pa sa credit limit mo sis pwede. Wala namang charge yun basta bayaran mo lang lagi in full and on time ang nagdu-due. don't make a habit of paying just the minimum kasi nagkaka charge din doon.

So for example. Credit limit mo: 30k. Let's say cut off mo is every 15th of the month.

Bumili ka ng appliance worth 25k on installment basis for 6 months at 0% interest. So magiging monthly amortization mo 5k per month. Binili mo to bago ang cut off mo. Let's say, 5th of the month.

Since 25k lang ang nagamit mo, meron ka pang 5k to use on other things. Let's assume nag grocery ka 5k. Before the cut off date din, sabihin natin 10th of that month. So wala ng natirang credit limit. Hindi mo na pwedeng gamitin ang card for now.

On the 15th, nag cut off na ang card mo. And since before the cut off mo binili yung appliance, mag du-due na agad ang first month amortization nun. Pati yung grocery na 5k. So ang bill mo, yung first month na 5k at yung grocery na 5k. Which will be due at around 20 days after the cut off date.

Sp dapat mong bayaran yung 10k na yun. Pag nabayaran mo na, ibabalik yun sa credit limit mo. So pwede ka ng gumamit ulit ng 10k. Kung wala ka namang paggagamitan, okay. So dumating ang next cut off mo na wala kang pinag gamitan. this month, mag du-due yung 2nd month amortization mo. So 5k. Pag nabayaran mo yun on the due date, ibabalik yung 5k sa credit limit mo. And since di mo naman ginamit last month, 15k na limit mo. and so on..

So as long as nagbabayad ka in full and on time, walang charges yun from the bank.

[donselle]

Salamat sis Queen Chokolah!

[OfficeGirl]

Mga sis, nagapply ako CC from headhunters last week. Sana maapprove. 

[Evolet027]

San sis? I refer mo naman ako please! hahaha

[nikki]

I'm thinking of having my BPI skymiles cancelled na. I also have a visa amore free for life annual fee sharing the same credit limit. I want to replace with a card that earns MABUHAY miles instead. I've no use for my skymiles except when we are in the US to redeem delta award tickets.

[Queen Chokolah]

Yes! Finally! I got approved sa BPI. Though sobrang liit ng limit hahaha heavy user pa naman ako and kulang na kulang sa akin to. Okay lang, tataas naman to eventually. Ang importante may BPI na ko. I just received the card today. And when I called to inquire, sadly, wala pa syang madness limit so I cannot use it for installments on big purchases. Ayoko naman maubos agad ang limit ko. Okay lang, at least BPI. They say kapag maganda record mo sa BPI, magsusunuran na ang dating ng ibang cards.

[px17]

subscribing.

[caramelsundae]

Yey! I finally got my EastWest cc. Sobrang tagal lang na-process pero dahil ito yung una, keri lang.
Pang-establish din ng background. Hahahah!

[Queen Chokolah]

^online sis. matagal din ang process nila. At badtrip pa, yung madness limit daw available lang sa cards na naka 1 year na badtrip hahaha. kainis bat 1 year pa eh isa yun sa mga nagustuhan ko kay BPI hayyy