19.8% APR high?

[shinzwei]

is it for a capitol one card?

 

[pontifex]

its high for ANY card...

 

[K1052]

Originally posted by: shinzwei
capitol one

*shudder*

 

[Platypus]

That's quite high.... just like you'd be high for getting a Capital One card

 

[shinzwei]

well i am signing up for a student credit card....is it ok for me?

 

[sash1]

Originally posted by: shinzwei
well i am signing up for a student credit card....is it ok for me?

you should be able to get better than that? check citi

 

[pontifex]

Originally posted by: shinzwei
well i am signing up for a student credit card....is it ok for me?

as long as you don't use it i guess.

 

[Platypus]

For a student card, check out Citi or Discover maybe?

 

[Queasy]

Originally posted by: pontifex

Originally posted by: shinzwei
well i am signing up for a student credit card....is it ok for me?

as long as you don't use it i guess.

and if you do use it, pay it off immediately.

 

[EPCrew]

Don't do it. That free t-shirt would only cost you at most $10 from a store. $10 vs 10% APR...

 

[halik]

why would you care about the APR? Unless you're financial inept, APR rates are completly irrelevant.

 

[Syringer]

Anything greater than 0% is high.

 

[mrrman]

Originally posted by: pontifex
its high for ANY card...

yikes

 

[armstrda]

Originally posted by: halik
why would you care about the APR? Unless you're financial inept, APR rates are completly irrelevant.

Best response yet. Anyone who signs up for a credit card to buy something they can't afford is financially retarded. Why not just go to a bank and get a loan instead? Lower interest rate than any credit card (except for introductory credit card APRs). Credit cards are your friend if you can use them to your advantage, but you should never put anything on a credit card that you can't pay off when the statement comes.

 

[Turfzilla]

Originally posted by: K1052

Originally posted by: shinzwei
capitol one

*shudder*

Wow..... you buy a pack of smokes with that card you are gonna pay $100 for it haha..

 

[erub]

Originally posted by: armstrda

Originally posted by: halik
why would you care about the APR? Unless you're financial inept, APR rates are completly irrelevant.

Best response yet. Anyone who signs up for a credit card to buy something they can't afford is financially retarded. Why not just go to a bank and get a loan instead? Lower interest rate than any credit card (except for introductory credit card APRs). Credit cards are your friend if you can use them to your advantage, but you should never put anything on a credit card that you can't pay off when the statement comes.

blasphemy, let him run up a nice high balance and pay the interest (preferably on a Citi/Chase card) -- that means more rewards for us

 

[Brainonska511]

Who cares? If you pay off the bill each month (as you should always do), you shouldn't have to worry about the APR. My Student Citi Dividend card has some ridiculous 18.5% APR on it, but I don't care since I pay my bill in full each month.

 

[Cal166]

capital one sucks, i called trying to lower the rates, they won't budge.

 

[Aimster]

If you want your credit percentage and limits to go up

put all big purchases on your credit card (do not put food that cost $5.00 on there)
pay off all the big purchases when the bill comes

& stay away from capital one.

 

[SoulAssassin]

Originally posted by: armstrda

Originally posted by: halik
why would you care about the APR? Unless you're financial inept, APR rates are completly irrelevant.

Best response yet. Anyone who signs up for a credit card to buy something they can't afford is financially retarded. Why not just go to a bank and get a loan instead? Lower interest rate than any credit card (except for introductory credit card APRs). Credit cards are your friend if you can use them to your advantage, but you should never put anything on a credit card that you can't pay off when the statement comes.

Better yet...reward card ftw! Don't pay them money...make them pay YOU money.

http://chasefreedomnow.com/

 

[RaiderJ]

Originally posted by: pontifex
its high for ANY card...

 

[brtspears2]

20% APR is common for many student cards or any card where the risk is high.

 

[PHiuR]

Originally posted by: Syringer
Anything greater than 0% is high.

 

[LS20]

its only high if you misuse your card. loans are for businesses houses and cars. CCs are for convenience. CC shouldnt be used to buy stuff you cant afford

 

[jadinolf]

Originally posted by: K1052

Originally posted by: shinzwei
capitol one

*shudder*