The idea behind that is not to avoid the temporary (but inevitable) credit score impact but to avoid having
other card issuers see the lowered score when applying for their cards.
Not exact matches
The bank has one of the greatest number of affiliations with airlines, and hotel chains from any
other credit
card issuer we've
seen, which drove up its median bonus value.
To
see cards from
other issuers that also use the American Express payment network, you can use the Payment Network and
Card Issuer filters.
If you are interested in
seeing how these
cards compare in the greater scheme of things, match them up against business
cards from
other issuers in our comparison section below.
2012 has started off with a mixed bag of results for many credit
card issuers, as some banks and lenders are
seeing their delinquency and default rates drop, while
others are noting an increase.
Given how skittish creditors have gotten, it's conceivable that this sort of thing could have a ripple effect as
other card issuers might react negatively if / when they
see your credit score drop.
Ever since I've covered the credit
card beat, I've
seen Chase and
other issuers continually update their stable of
cards pretty regularly.
As a company, PayPal receives a tremendous number of user complaints — more so than we've
seen with
other card issuers.
In
other words, if despite my medical issues I managed to keep my mortgage current but had some credit
card late pays, I want
card issuers to
see why I had a problem, but I don't want future mortgage lenders to
see that I ever had a problem at all.
According to Wikipedia, Citibank removed use of the universal default clause in 2007, but you will have to check with
other credit
card issuers to
see their most up to date policy.
«If you go to through the act of canceling the
card, you are also opening an opportunity for more added value,» Berry said «The
card issuer might give you more points for hanging around or a bonus for keeping the
card open if you send them the message that the
card isn't competitive with
other offers you've
seen on the market.»
If you're already a responsible
card owner, and receive offers from
cards advertising lower interest rates, contact your existing
card issuer to
see if they'll lower their interest rates, instead of immediately applying for the
other card.
Most credit
card issuers give some leeway on the credit limit for the most qualified cardholders, but
others see the credit limit as a hard number that can not be exceeded.
The credit
card issuers who send you offers from these lists may not have
seen your credit or financial information; they simply have reason to believe that you could qualify for the product they offer, based on
other products you have purchased.
Credit reports now show your credit
card bill - paying habits — Credit bureaus add «trended data» to credit reports showing whether you carry a credit
card balance, giving
card issuers and
others a more detailed portrait of your financial habits... (
See Trended data)
Which
cards let you be a co-signer, joint account holder — Some
issuers let consumers share accounts,
others don't... (
See Joint)
American Express No. 1 in customer service survey — AmEx trumped
other major
issuers in customer satisfaction in the 2010 Credit
Card Satisfaction Study, conducted by J.D. Power and Associates... (
See J.D. Power survey)
But even though
other industries» satisfaction growth has slowed, credit
card issuers continue to
see higher customer approval each year, Miller said.
Throw in the several
cards I have with American Express and
other issuers, and you can
see that things get complicated quickly.
If you are interested in
seeing how these
cards compare in the greater scheme of things, match them up against business
cards from
other issuers in our comparison section below.
Also, some
issuers will want to
see an established business with a history of revenue, but
others will issue a business credit
card to a fledgling startup, he says.
You might do a little research ahead of time to
see if there are
other cards from Chase or another
issuer that meet your needs better than the Southwest Airlines
card.
I always try to
see things from the
other's vantage point — in this case, United and the
cards issuers in general.
But if spend isn't an issue, it's a good idea to apply for several
cards at once (often called an «app - o-rama») every 3 - 4 months or so, because when applying at the same time,
other issuers won't
see the
other credit inquiries and you may even get some merged credit inquiries, reducing your total number of hard pulls which is better for your credit score.
For most of these
cards, the benefits are provided through the Mastercard network, meaning the type of protection you get is less likely to depend on the
card's annual fee as we've
seen with
other issuers.