I need a credit card with at least 12 months of 0% APR thats easy to be approved of. Anyone have any recs?

[plataoplombo]

If you can't get a CC and have robinhood, you can pull margin at really low rates.

 

[Brom Bones]

Unfortunately, my credit score is only 700 and I have some debt. A few months ago, I was rejected for a Bank of America credit card due to "too many hard inquires". whats a good credit card with 0 intro APR thats fairly easy to be approved?

Give blowjobs behind Dollar General.

 

[SSgt Dickweed]

Wow thank you!

So this credit card has no APR? As in I can carry a balance and just pay the minimum every month?

It's essentially a debit card masquerading as a credit card except that it allows you to build/improve your credit score.

 

[KBE6EKCTAH_CCP]

Someone needs to explain the no interest thing. Is it deferred interest or is it genuinely no interest? If the latter, how the fuck do these companies make profit other than ripping the eyes out of the users who end up in the interest phase? Sounds pretty rotten.

 

[lsa]

Someone needs to explain the no interest thing. Is it deferred interest or is it genuinely no interest? If the latter, how the fuck do these companies make profit other than ripping the eyes out of the users who end up in the interest phase? Sounds pretty rotten.

I think this is it.
I saw a card with cash back and no interest for the first 30 days and the CC was free (normally here all CC has a yearly fee) oh sounded good. Then I saw the interest rate was like 27%...
Thats a no from me dawg

 

[JaviBrewski]

Someone needs to explain the no interest thing. Is it deferred interest or is it genuinely no interest? If the latter, how the fuck do these companies make profit other than ripping the eyes out of the users who end up in the interest phase? Sounds pretty rotten.

It's no interest for whatever introductory time frame it is. I've done it several times and so has my wife.

I currently have a Wells Fargo Active Cash Card with 0% APR until January (was an 18 month Interest free and $300 credit).

Like you said, the way they get you is by people who dont pay off the balance before the introductory free interest expires. Then they're fucked with monthly payments and interest.

I use my CC as a debit card and pay mine and my wife's balance in full every month. But I also have a great paying job where I can afford to do that.

Nerdwallet is great for researching anythign financial. I tend to stray from cards with annual fees and dont think I have a single one with an AF.

Nerdwallet and /r/creditcards have tons of information and knowledge

 

[JaviBrewski]

also 700 isnt a terrible score. now if you had said it was like in the 4-500s then thered be a cause of concern. My score fluctuates between 800-820

 

[STAY GOLD]

Unfortunately, my credit score is only 700 and I have some debt.

700 is not that bad. Sure it's not exceptional, but it's not bad. It's a basic score for someone who has had credit for a few years.

A few months ago, I was rejected for a Bank of America credit card due to "too many hard inquires".

That means you went crazy applying for lines of credit in a short timeframe. I have heard people say you should only apply for 2 lines of credit per week. I don't think that's a good idea, specially for someone with a credit score in the low 700s. Each hard inquiry is usually a 14 point deduction. Those are temporary deductions. I believe they're only a 2 week deduction, but dropping 28 points for 2 weeks within a week is not good for someone with a credit score in the range you mentioned.

whats a good credit card with 0 intro APR thats fairly easy to be approved?

Capital One has the best offers on credit cards for people with credit scores in the range. If you look on their site or give them a call, you could find a card with 0% APR for 12 months.

 

[STAY GOLD]

Credit card churning is the best way to earn the introductory bonus. I’ve accumulated over several hundreds of thousands of points from Amex, Chase, and Capital One. Simply use your credit cards like a debit card on your normal everyday spend and pay off the balance in full every month. You won’t pay any interest and can reap the benefits.

My guy gets it.

I don't use my cards daily, I mostly use debit, but I do pay off my balances in full once they're reflected.

Folks say I don't get the full benefits of it being reflected on my credit score, but that's not true. I currently have 839 and I'm sure if I apply for anything it will reflect 850 and will get approved, so that proves folks don't know what they're talking about most of the time.

 

[STAY GOLD]

I tend to stray from cards with annual fees and dont think I have a single one with an AF.

Annual fees to me are a scam.

I see folks who try to justify them with things like "I get 40,000 points and can redeem them for a $200 Neiman Marcus gift card." Okay? You have to spend unnecessarily annually and on top of that have to pay a $350 annual fee to get a $200 Neiman Marcus gift card? Obviously that's not the scenario, but it's the type of scenario these folks paint.

 

[ChosenOne]

Someone needs to explain the no interest thing. Is it deferred interest or is it genuinely no interest? If the latter, how the fuck do these companies make profit other than ripping the eyes out of the users who end up in the interest phase? Sounds pretty rotten.

Many, especially the 'transfer cash balance from another card' ones are interest deferred for a period and as long you do not miss a payment and pay it off before the time runs out you never pay any interest.

When the time runs out you switch to regular interest payments, if not paid off. If you miss any payment then all the interest comes back in.

They make money based on the fact many do not pay them off and many others miss a payment on route.

 

[IDGETKTFO]

Stay away from any CC that uses Synchrony. They kept upping my credit limit ( without my permission ) on a few cards i had with them. I didn't even owe much on them. Then out of nowhere they cancelled all of them. They wouldnt even tell me why. I had to contact some specific department to request an inquiry that had to be sent by mail. Basicly said without them even acknowledging it was their fault, that they gave me to high of a limit ( each card had like 30 grand limit ) and that they didn't think i could keep up with the payments if i maxed them out. My score dropped 60 points because of it.

 

[STAY GOLD]

Stay away from any CC that uses Synchrony. They kept upping my credit limit ( without my permission ) on a few cards i had with them. I didn't even owe much on them. Then out of nowhere they cancelled all of them. They wouldnt even tell me why. I had to contact some specific department to request an inquiry that had to be sent by mail. Basicly said without them even acknowledging it was their fault, that they gave me to high of a limit ( each card had like 30 grand limit ) and that they didn't think i could keep up with the payments if i maxed them out. My score dropped 60 points because of it.

That's awful. Credit limit increases are done by banks at some times without prior notification. Them closing your accounts without prior notification is a problem. The only way they can close your account, is if it's a dormant account. Even then, they'll contact you to inform you you have a dormant account and that they will be closing it if you there is no usage on it in a certain amount of time. Even that time frame to activate a dormant account is usually extensive. It's not like 1-2 days or weeks, it's usually months so you have ample time to activate it again before it gets closed. I would've contacted the BBB and the 3 creditors and notified them of what happened so they could've made the adjustments to your reports.

 

[Rob Battisti]

Max put your credit cards to buy bitcoin

 

[Brampton_Boy]

700 is not that bad. Sure it's not exceptional, but it's not bad. It's a basic score for someone who has had credit for a few years.


That means you went crazy applying for lines of credit in a short timeframe. I have heard people say you should only apply for 2 lines of credit per week. I don't think that's a good idea, specially for someone with a credit score in the low 700s. Each hard inquiry is usually a 14 point deduction. Those are temporary deductions. I believe they're only a 2 week deduction, but dropping 28 points for 2 weeks within a week is not good for someone with a credit score in the range you mentioned.


Capital One has the best offers on credit cards for people with credit scores in the range. If you look on their site or give them a call, you could find a card with 0% APR for 12 months.

One thing people don't realize is that your credit rating is significantly influenced by how much (unutilized) credit you have available to you. Oddly enough, getting approved for a line of credit (but not drawing from it), bumped my score by 20 points.

 

[JaviBrewski]

Annual fees to me are a scam.

I see folks who try to justify them with things like "I get 40,000 points and can redeem them for a $200 Neiman Marcus gift card." Okay? You have to spend unnecessarily annually and on top of that have to pay a $350 annual fee to get a $200 Neiman Marcus gift card? Obviously that's not the scenario, but it's the type of scenario these folks paint.

I think the only CC i would have gotten with an AF was Amex Gold. and I would have only done that while I was in the military because they waive the AF while you are active duty and you still get to reap all the benefits from it.

Which is a shame bc I never knew about it until years after I got out.

I have an Amex Branded Card thru my bank so I get some perks but not the full amount that amex offers