UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: TheDreamer Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311074  
Subject: Re: And the scam goes on... Date: 6/21/2002 4:42 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I got an ad in the mail from Discover that sounded too good to be true: apply for our card, and you can get 0% interest on balance transfers through April 2003. No transaction fees! Just one little problem--I already have a Discover card.

This credit limit isn't as high as my ridiculously huge MBNA limit

At least with MBNA they tell you that you can have more than one MBNA card. Early on...they sent me an offer for a new card...I forget the details...but then added a note saying that they know I already have a card with them, but there is nothing wrong with having another one.

Of course, way back when I was in a contest to have the most credit cards....I did have two VISA cards, along with two AMEX, and a Mastercard (there's no Discover in Canada)....

The latest offer I got was a debt consolidation loan offer from MBNA....I hate those too....they always pitch it based on the lowest rate they offer (9.9%), but note that you won't necessarily get this rate....could be high like 21.9%.

But, the only debt I'd currently consider rolling into this loan offer...is on my MBNA card. I owe $10k on the card, and it is currently at 13.9% (fixed)...so if I really can get 9.9%....why am I not getting it already. My other two cards are 9.9% (fixed) and 10.49% (variable)....though I have about $6k on each.

The Dreamer.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.