§§ To qualify for this offer, your new account must be used to make any purchase or cash advance transactions (including balance transfers; which may include transaction fees) within 45 days of your account open date. Limit one (1) item per new account. The Schwab Bank credit card offer is subject to application approval by MBNA America Bank, N. A. Upon qualifying, a $100 Visa Gift card will be mailed to you in 8–12 weeks. Visa Gift card is issued by MBNA. Monthly card maintenance fees of $2.50 per month waived the first 6 months after the card issue date. Additional terms and conditions apply to Gift card.
Thanks OP, I'll forward it to my friends who did not take advantage of $150 GC offer
OrangePete said: FYI , Last time they deliver by USPS service
rrgarmy said: thanks OP, hope they can deliver
Not in my case (live in NJ).
$150 GCs from the previous deal were delivered via UPS. One package got sent back because I was on vacation. They've promised to resend it.
Schwab card is useful for travel - no currency exchange surcharge.
Porsche576
Senior Member
posted: Jul. 26, 2005 @ 2:34p
Is this the same offer as the $150? Thanks
Betty0815
Member
posted: Jul. 26, 2005 @ 2:34p
$100 is still pretty good!
jlgrandam
Addicted Member
posted: Jul. 26, 2005 @ 2:38p
TonySpero said: Not available in NY, why is this? Is it because Charles Chucky Cheese Schumer make a big thing out of the fees companies charge on Gift Cards?
Yeah why are us New Yorkers getting stiffed on these awesome sign up bonuses!?
chpawin
Member
posted: Jul. 26, 2005 @ 2:46p
I already closed the account from the previous promotion ($150). Anyone know if I can apply and get this reward again?
Betty0815
Member
posted: Jul. 26, 2005 @ 2:55p
chpawin said: I already closed the account from the previous promotion ($150). Anyone know if I can apply and get this reward again?
See related issues on opening and closing credit accounts here and here.
chpawin
Member
posted: Jul. 26, 2005 @ 3:09p
Betty0815 said: chpawin said: I already closed the account from the previous promotion ($150). Anyone know if I can apply and get this reward again?
Closing credit card accounts may not be good for your FICO score. See here.
Actually I shoud have said that I transfered all the credit line to my AAA card and closed the schwab card. So my total credit line is still the same. Closing credit card should not lower my credit score but opening a new one will reduce about 2-3 points. I will call them to verify if I am still eligible for this gift card.
Betty0815
Member
posted: Jul. 26, 2005 @ 3:22p
Suggest that you just apply, not even mentioning the closed account unless they bring it up.
nonchalant
Senior Member
posted: Jul. 26, 2005 @ 3:31p
Thank you for submitting an application for a Charles Schwab Bank Visa® credit card. Your business is appreciated and careful consideration is being given to your request, but an instant decision cannot be provided at this time. .... All credit card applications receive a written response within the next 30 days.
----
I hope that doesn't mean NO. I haven't applied for any sort of credit since October/2004.
Anyone have any idea how long I should wait before I call?
mrbean
Senior Member - 2K
posted: Jul. 26, 2005 @ 3:32p
Betty0815 said: Suggest that you just apply, not even mentioning the closed account unless they bring it up.
They will bring it up.
Betty0815
Member
posted: Jul. 26, 2005 @ 3:35p
nonchalant said: Thank you for submitting an application for a Charles Schwab Bank Visa® credit card. Your business is appreciated and careful consideration is being given to your request, but an instant decision cannot be provided at this time. .... All credit card applications receive a written response within the next 30 days.
----
I hope that doesn't mean NO. I haven't applied for any sort of credit since October/2004.
Anyone have any idea how long I should wait before I call?
It (the application process) was discussed here. The phone number for application is the same as before. The status number used to be 888-279-7538. In short, it does not mean NO. Call the status line after 1-2 weeks. Good luck!
nonchalant said: Thank you for submitting an application for a Charles Schwab Bank Visa® credit card. Your business is appreciated and careful consideration is being given to your request, but an instant decision cannot be provided at this time. .... All credit card applications receive a written response within the next 30 days.
----
I hope that doesn't mean NO. I haven't applied for any sort of credit since October/2004.
Anyone have any idea how long I should wait before I call? It means they need to manually review your application. If they deny you and you have another account with MBNA you can simply ask to reallocate your credit lines to open this account. That's what I had to do to open my $150 Schwab card account.
NatronsMean
Happy Member
posted: Jul. 26, 2005 @ 3:40p
mrbean said: Betty0815 said: Suggest that you just apply, not even mentioning the closed account unless they bring it up.
They will bring it up.
Are you sure? Even if you do the online app? I could use another free $200...
turrdog
Thrifty Member
posted: Jul. 26, 2005 @ 3:52p
Called the 866-724-9223 on the website. Ten minute application process ended with being approved for a 2nd card (1st was with $150). She wanted to know my interest in the card because I haven't been using the first. Of my original 12K credit line, she took 6K away for this new card so now I have two with 6K each.
Painless procedure, card will arrive in 5-7 business days.
Betty0815
Member
posted: Jul. 26, 2005 @ 3:56p
NatronsMean said: mrbean said: Betty0815 said: Suggest that you just apply, not even mentioning the closed account unless they bring it up.
They will bring it up.
Are you sure? Even if you do the online app? I could use another free $200...
There are pros and cons to do online applications. One of the disadvantages is that they may just decline the application without one's clarification (say due to previously closed account).
victory1
Member
posted: Jul. 26, 2005 @ 4:03p
I just applied for this card, I don't need another card but I regret not taking advantage of the $150 previously, so I definitely wanted the $100. I did not get an instant approval. I have 1 other MBNA card with a $15,000 creditline.
turrdog said: Called the 866-724-9223 on the website. Ten minute application process ended with being approved for a 2nd card (1st was with $150). She wanted to know my interest in the card because I haven't been using the first. Of my original 12K credit line, she took 6K away for this new card so now I have two with 6K each.
Painless procedure, card will arrive in 5-7 business days.
Oh that is what I wanted to hear, time to apply again .
The CSR will transfer you immediately to a credit analyst for "instant decision." If you get disconnected, call 1-888-279-7538.
Good luck!
P.S., Please figure out a reason why you want two CS cards. I said for personal accounting purpose. He was confused, but approved my application.
victory1
Member
posted: Jul. 26, 2005 @ 4:28p
victory1 said: I just applied for this card, I don't need another card but I regret not taking advantage of the $150 previously, so I definitely wanted the $100. I did not get an instant approval. I have 1 other MBNA card with a $15,000 creditline.
Just called, I applied 30 minutes ago. I was approved for a creditline of $5300. I will get my $100 gift card and then merge the CL with mine other card for $20,300.
laughsun
Member
posted: Jul. 26, 2005 @ 4:29p
called and was declined immediately and said I will receive the letter in one week, after I receive the letter, I can appeal.
NatronsMean
Happy Member
posted: Jul. 26, 2005 @ 4:31p
applied online, got the wait 30 days message. I consolidated (closed) my first Schwaab card last week.
turrdog
Thrifty Member
posted: Jul. 26, 2005 @ 4:41p
HKnight said: turrdog said:She wanted to know my interest in the card because I haven't been using the first. What did you say?
Basically, because I haven't been using the Schwab card, why would I want a second one?
rogerbeagle
Ancient Member
posted: Jul. 26, 2005 @ 5:14p
A clever answer to the "why do you need another card" question from a previous post is "to have a card to track expenses by the day of week."
YMMV!
treelady
Member
posted: Jul. 26, 2005 @ 5:23p
Got the second card. Rep did not ask why I wanted another card and I didn't offer the info. Thanks OP.
rogerbeagle said: A clever answer to the "why do you need another card" question from a previous post is "to have a card to track expenses by the day of week."
YMMV!
I thought I would not be eligible for this... but h3ll, why not go for the extra $100 (already used up my $150 in gift, who knew I guzzle gas like a mofo )
anyways, one can not ever have enough charles schwab cards !
rogerbeagle
Ancient Member
posted: Jul. 26, 2005 @ 6:51p
Instant approval! Thx Schwab!
BTW- for those calling, mention priority code GG57 to help the CSR find the offer.
Monthly maintenance fees?! Are you guys cancelling the card before they start charging this ludicrous fee?
Skipping 333 Messages...
dealer78
Broke Member
posted: Jan. 12, 2006 @ 12:21p
i got a 512mb ipod shuffle via UPS instead of a $100 gift card. did this happen to anyone else??? would have preferred $100, but not complaining. an ipod shuffle for free is still.... FREE
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
