What’s a good rewards credit card that I can start using within a week?
Here’s the dirt:What's a good rewards credit card that I can start using within a week?
Is there a credit card out there that I could be approved for and able to use within a week? One with a decent rewards program?
I’ve got to pay $225 for something the day before my next payday, and I know I won’t have enough in my account at that time to make it without overdrafting.What's a good rewards credit card that I can start using within a week?
Loading…
Random Posts:
Anyone have any experience with the Amazon Visa?
Thanks!!!
Article Local Url : What's a good rewards credit card that I can start using within a week?
-
No matches
Comment by J C
I love my Amazon Visa. I’ve had it for a few years, and used to use it for everything (it was a great way to earn “spending money” when I was in school, and didn’t have the budget for any fun stuff). I put everything on it that I possibly could, paid it off every month, and would get $25 to spend on whatever I wanted from Amazon, almost on a monthly basis. Spending habits will obviously differ from person-to-person though, so make sure you understand how quickly/slowly you’ll rack up rewards – I was able to charge my rent to my card at the time, and all of my school books, so it didn’t take me long.
Since then I’ve switched to a Diamond Preferred Rewards card from Citi. While I have no idea how long it would take you to get approved, this card has an incredible amount of flexibility in rewards. I can actually have my rewards check written out to my student loan company while I’m working to pay off my grad school debt early.
Disclaimer: I have no idea what any of the interest rates are on these cards, because I’ve never carried a balance. But my customer service and rewards experiences have been very positive.
Comment by Alanna
I also have questions for my credit card. I posted my question on wish123 and got an answer from an expert who solved my problems. Highly recommend the website.
Comment by Gaynor
You do realize that those “awards” programs are not all that keen?
They’re mainly there to get you to buy more using the card.
In general, the credit card company is getting 3 to 4 percent from the seller, which they have to pass on to you in the form of higher prices. Then if you buy enough, you maybe get 1% back. I’d rather ask the seller if they will give me a discount for cash, rather than try to collect 1% back at the other end of the cash cow.
Comment by twinhood
I have to say that the Amazon Visa does allow you to rack up points quickly (and then get $25 amazon reward certificates). Of course, it depends on how much you spend on their site and how much you charge to the card in general. The best way to rack up points on any card (whether it’s American Express Membership Rewards points, Capital One rewards, Citi, etc. — there are just too many now to mention!), is to charge EVERYTHING to one card. From grocery shopping, to holiday shopping, to gas, to utility bills, to whatever the $225 charge is that you need to pay…charge everything to one card if your credit limit allows. Good luck!
Comment by Jeanette
It is a rare credit card company/bank indeed that could evaluate your creditworthiness, issue you a piece of plastic, and get it into your hands within a week. Is it humanly possible? Of course. Could the credit card bank’s CEO’s son get one that fast? Maybe…maybe not. Don’t set unrealistic expectations for yourself here or you will be disappointed.
So, if you may not be able to get a new credit card in that kind of time frame, what do you do?
I infer you don’t currently have a credit card, or you would use it. If you had one and were maxed out on the line, it might be quicker and easier to get the bank to increase your line by $500.
Also, unless your payee expects cash, you could write a check knowing full well you will have a paycheck in the checking account the very next day. By the time the other party presents the check to their bank and it comes back to your bank, your funds should be there.
As far as coming up with the “best” rewards program, that is a tall order. Different people value different things which is why there are “10 million” types of credit cards out there. I like cash back. American Express has a couple interesting products. Others like frequent flier miles–on a single airline or across all major airlines. Yet others are sick of flying/traveling. They want to buy stuff.
You asked about the Amazon Visa Card. It is a credit card issued by Chase Bank. I have several of their products. But, I don’t recall their plastics production being exceptionally fast. The value proposition attached to this cobrand card is decent. It is designed to give you money back in the form of Amazon certificates. Take a look at the American Express Blue Card. You can get the money as a cash rebate. I don’t know if American Express still offers the Platinum Cash Rebate Card. I love it. It offers around 1.5% back without caps that may be in effect for the Blue Card. I think it was designed for students with smaller spending budgets. In the hands of someone who spends a lot more, it is pretty decent, even if the payout is only once a year.
Anyway, I wish you the best of luck in handling this upcoming payment.