This limited-time offer for a $100 statement credit applies to any new Charles Schwab Bank Visa® credit card account opened as a result of this offer. To qualify for this offer, you must apply for the Charles Schwab Bank Visa credit card, and your new account must be used to make any purchase or cash advance transaction (including balance transfers, which may include a transaction fee) that posts within 45 days of the account opening date. Limit one (1) statement credit per person and per account. The Schwab Bank credit card offer is subject to application approval by MBNA America Bank, N.A. If you have had an open Schwab Bank credit card account or applied for a Schwab Bank credit card account within the past 180 days, you are not eligible for this offer. After qualifying, a $100 promotional credit will appear on your Schwab Bank credit card statement in 8-12 weeks.
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posted: Feb. 14, 2006 @ 12:54a
Mayhem
Member
posted: Feb. 14, 2006 @ 1:19a
Just apply online. Didn't get instant approve. Hmmm Called today (2/14/06) and got approve for 5K Thanks. OP
miracules
Senior Member - 1K
posted: Feb. 14, 2006 @ 1:22a
If you have had an open Schwab Bank credit card account or applied for a Schwab Bank credit card account within the past 180 days, you are not eligible for this offer.
mbna is pretty easy you can get by with a perfectly clean bill of health, established credit, and decent job (they like to call you at work) with an average credit score of 680.
i'd try to bump it into the 700's but they consider many more factors.
as long as you haven't been naughty, that will likely then be a complete waste of time.
turrdog
Thrifty Member
posted: Feb. 14, 2006 @ 6:51a
At least NYers can take part in this promotion, since it's a statement credit and not a gift card.
You guys need to read up on some of the other Schwab promo threads.
- if you don't get instant approval, you'll probably still get the card anyway unless your credit sucks.
- the 180 day disclaimer has been in every app, but folks (including myself) have still received the promos (GC's, iPod shuffle) from every card offer even though they were less than 6 months apart.
ppfc
New Member
posted: Feb. 14, 2006 @ 9:15a
Anyone know if this card can be used for MBNA bill pay service?
kellycao
Member
posted: Feb. 14, 2006 @ 9:27a
Does anyone know if an authorized user (my wife) of my Schwab credit card is eligible for this offer?
Maybe they did not like all of us who cashed out our gift cards?
vinhboy
Tired Member
posted: Feb. 14, 2006 @ 10:24a
ok, i know this question has been asked a KAZILLION times, but I am going to ask it one last time to make sure I dont ruin my credit...
if I already have 11 revolving accounts, should I still apply for this card and add another to my list?? or should I stop?? Note: Everything else on my credit history is A+.
vinhboy said: ok, i know this question has been asked a KAZILLION times, but I am going to ask it one last time to make sure I dont ruin my credit...
if I already have 11 revolving accounts, should I still apply for this card and add another to my list?? or should I stop?? Note: Everything else on my credit history is A+.
to many inquiries can ding your score, not by much.
as far as i know, having too many accounts will not hurt your score, but some lenders might decide you already have plenty of available credit.
vinhboy said: but I am going to ask it one last time to make sure I dont ruin my credit ...Umm, you could NEVER ruin your credit just by having a lot of unused credit cards. And you only temporarily lose 4-5 points for each new credit card application.
dvrice
Senior Member
posted: Feb. 14, 2006 @ 11:59a
I apply for several credit cards (5 r 6 a year) just to get the initial sign-up goody, then I cancel as soon as I have met the period required to get the goody. Will this hurt my credit significantly?
My credit is currently A+ but I do plan to buy a larger house in the next couple years and would like to have good credit at that time to get a good interest rate.
slimwantsfat
Happy Member
posted: Feb. 14, 2006 @ 12:11p
dvrice said: I apply for several credit cards (5 r 6 a year) just to get the initial sign-up goody, then I cancel as soon as I have met the period required to get the goody. Will this hurt my credit significantly?
My credit is currently A+ but I do plan to buy a larger house in the next couple years and would like to have good credit at that time to get a good interest rate.I have leart that most lender is willing to give you loan as long as your credit score is over 730, not even 750.
dvrice said: I apply for several credit cards (5 r 6 a year) just to get the initial sign-up goody, then I cancel as soon as I have met the period required to get the goody. Will this hurt my credit significantly?
My credit is currently A+ but I do plan to buy a larger house in the next couple years and would like to have good credit at that time to get a good interest rate.
I have heard of some credit card issuers not approving applications because of too many closed accounts.
MBNA is really great. I just applied. While I didn't get instant approval, I got a call 2 minutes later telling me that they need to move my credit line from other MBNA account to this one due to the fact that I already have quite a few cards there. So I agreed and got approval.
mjohnson
Happy Member
posted: Feb. 14, 2006 @ 4:26p
Thanks again for another $100 from Schwab....$5800 credit line instant approval.....
oh also got the previous 2 schwab credit cards with the $100 credits as well...yay
samurairen
Member
posted: Feb. 14, 2006 @ 4:30p
I just called and was told my application status couldn't be checked until 7 business days later. Does that mean I was declined?
Do I need to keep the card open for a certain amount of time or can I close anytime?
Sam506
Thrifty Member
posted: Feb. 14, 2006 @ 4:57p
How is this card compared to an AMEX? Better or worse benefits and extras? I read the details, I am curious about personal opinions and ideas, etc. I have always been a Mastercard man myself. What do you think?
sandy05
Senior Member - 1K
posted: Feb. 14, 2006 @ 5:57p
stockmanjr said: Mayhem said: Just apply online. Didn't get instant approve. Hmmm same here oh well.. Same here..didn't recieve instant decision ..called for status..has been approved for $10K
manuel
Greedy Member
posted: Feb. 14, 2006 @ 6:00p
Sam506 said: How is this card compared to an AMEX? Better or worse benefits and extras? I read the details, I am curious about personal opinions and ideas, etc. I have always been a Mastercard man myself. What do you think?
This card has no interesting benefits besides the $100. Better cards for just about every other purpose. Course if you have another better mbna card and get some extra CL to combine - good deal.
blair222
Senior Member - 1K
posted: Feb. 14, 2006 @ 6:24p
applied for my Dad and he didn't get approved either, he just moved, can that affect your applications? thanks
I got a $50 statement credit today following my first purchase a few weeks ago. Odd, since I thought I missed the deadline for my first purchase (doh!)
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