Proof of the US Bank accept/reject offer screen

So apparently my old thread was locked because it was "covered in another thread" ...

Anyway, for the naysayers who apparently think I was lying, I scanned the printouts I got, and blacked out any personal info but it listed all my APRs, rates, "Revolve limit" i.e. credit limit, etc.

It conveniently printed the button area on the second page because it didn't fit all on the first page. But it told me to print the page, and learning from experience I'd rather print everything than miss an important detail.

Interesting. Never seen nor heard of being given such an option after being approved but before the account is opened/card issued.

Glitch99 said: Interesting. Never seen nor heard of being given such an option after being approved but before the account is opened/card issued.

See to me it makes sense. The whole credit thing is kinda bullshit to me.

I put down I wanted a decent BT for the Chase card. Instead, they just told me "you'll hear from us in the mail within 30 days"

As a "convenience" to me, even though they did not approve me for the BT I wanted, they gave me a shitty CL and BT'ed 90% of it to my other card.

I had no idea I was approved or not, no idea the rates, no idea the CL (most important), or anything. I called a day or two later to get the info. Also, first I asked Chase to stop the BT. They told me to call BOA. BOA told me if I wanted to cancel the incoming BT check, to give Chase a call, that they can't just "ignore a check" coming in. Chase told me "sorry, we can't put a stop check on a BT" - so each bank seems to be lazy or have processes that don't match up and expect each other work differently.

Either way, now I have a balance on my Chase card, BOA will wind up with a pretty large overpayment on my existing card, and I can't close out the Chase card until I've paid it back. So I'm wondering if it makes sense to just keep the Chase card open and pay it down until it is completely off within the 12 months of 0%, and possibly use it to 'build' some credit with them. I mean, it's already been executed, I can't go back now...

Glitch99 said: Well, you can stop thinking about that part - conventional wisdom is that since you have the cash, you might as well hang on to it as long as possible since its not costing you anything. Unless, of course, you'll spend the cash and have nothing to repay the balance with once the 0% expires...

that is partially a worry of mine

I just took a cash advance off the card I'm BTing out of and closing out. Figure I will be charged one month of interest at once which is only 18$ a month per 1k... I'm just hoping my business ideas take off. Then it won't be an issue.

Glitch99 said: Huh? Where did cash advances come in to play?

You realize that cash advances incur a (typically) 3% fee on top of the interest charges, right? So that's $30 PLUS $.60 for every day it remains outstanding (from the day it is drawn) for every $1k cash advance.

yeah - I paid 4% one time charge and then 18$ per month. Thing is I'm closing this card out before that. I've got a BT from my linuxfund card coming in to pay off the entire balance within the next week or so. So it's kinda like 4% money I know no cheaper way to do it. Western union is roughly 10-11% ...