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Credit Card Applications » News » Other » Fair Credit Questioned

Fair Credit Questioned

July 26, 2007 | Updated on July 26, 2007
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The content is accurate at the time of publication and is subject to change.

Apply for Credit Card – Play Roulette

Help... I don't get the due! What's the use of my credit card?

Have you ever wondered what attracts you so much in a credit card and makes you fill out credit card application? The recent research conducted by our experts reveals that it is the incredibly lavish rewards program that most best credit card offers can boast of today.

Credit card issuers are strained by the intense competition engrossing the Western credit market, so, fighting for more potential customers, best lenders are ready to meet the needs of most capricious clients...

The promising beginning - the sad ending. The results of the poll show that about 60% of credit cardholders are being cheated on as far as credit card rewards are concerned. You find yourself spending more and more with your points rewards credit card but you appear to end up with zero in the end. You try to put every little and meaningless item on your cash back credit card but your purse or bank account is not increasing. You are at a loss, as it seems unbelievable that such respectful and trustworthy credit card institutions as MasterCard, Visa and American Express can fail you.

One of the respondents in the poll, Jim Torrance, a prosperous businessman, stayed with his frequent flyer credit card in hope to collect enough points for a free ticket but he had trouble claiming for it. Doesn't he have the full right as the credit card company's client to exploit what is due to him as promised?

He is not alone in this mistreatment. More and more credit card consumers are being attracted by big creditors with cash back of 5%, points and lowest APRs but after a while of responsible, irreproachable credit card use, they are reaping no rewards or at best only part of what was promised.

Right now, with suchlike creditor's uncertain practices, those credit consumers who are looking for new credit card applications, either online or offline, find themselves in a different mood. The thing is Capital One issued a new credit card product which claims to be no less promising and advantageous as all their previous offers... But is it just another trap?

It would be a deplorable thing if their Platinum credit card offering 0% on balance transfers and purchases - a program lasting till May 1st 2008 - turns out a fake. It would be even two times as sad if you suddenly lose the priority of paying the Annual Percentage Rate of as low as 9.9% and that's exactly what Capital One offers.

Now, what would you say if the offer of 4% cash back on all purchases for the first 3 months melts as snow and there is nothing in your hand except disillusionment...

Faithful Capital One credit card holders have been opting for this very company credit card yet for another reason which is no less significant than rewards and rates. Staying with this creditor you could feel at peace each time pulling your plastic out of your purse or using its number for online purchases. The company is constantly updating its ID Theft Service which not only protects you in the process of paying but also helps you to recover after the fraud happens.

Well, that's what a best credit card offer should look like. But at the moment its respectability and reliability is being seriously questioned. Is Capital One willing and able to preserve the high quality of its service and will its customers feel secure using their credit card?

The answer is still to come with the next research planned. We'll wait and we'll see whether there is a truly honest credit card company on our giant credit card market...

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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  • Larry
    With the Virgin / Barclaycard signature offer, there seems to be some consumer deception or maybe even outright fraud goin on.   I decided to jump on this offer..  read all the info on it..  was approved for their platinum card, paid the fee, then was only awarded 10,000 points instead of the advertised 20,000.   When i inquired about the less than advertised bonus points, Barclaycard claims only Signiture Visa cardmembers get the 20,000..  as a platinum cardholder, you don't qualify for that level of bonus, so you get 10k instead.   Well, in their current ongoing promotions, it states plain as day that....    Applicants approved for the Visa Signature or Platinum Card with $49 annual fee will receive 20,000 Bonus Points awarded to your Virgin America Rewards Account at the close of the first billing statement in which you make your first purchase or balance transfer (that is not returned or rescinded) and have paid the Annual Fee on the account (and such fee is not rescinded). They don't mention anything about a separate program for platinum cardholders..  However, trying to get someone to resolve this issue with either Virgin or Barclaycard seems to be rather impossible.. Seems to me they're simply drawing people in with the fraudulent offer, then simply saying, oh, we're sorry you don't qualify..  but thanks for signing up for our garbage credit card with insane fees..   
  • CreditLandCom
    Thank you for sharing your experience with us. We have reviewed this offer and you are correct, nowhere it is mentioned that 20,000 Bonus can become a 10,000 Bonus all of a sudden... We will mention this in our review of this card so others can make an informed decision. Another way to get Virgin miles is to get an American Express charge card: The Business Gold Rewards Card® now offers 50,000 Miles, though you do have to spend $5,000 in the first three months of card membership to get it. It also has $0 introductory annual fee for the first year, then $175. Premier Rewards Gold Card now offers 25,000 Miles, though you do have to spend $2,000 during your first three months of Card membership. It also has annual fee of $0 for the first year, then $175. While we do not know If any of these offers make sense to you, we are at least sure that you will get advertised bonus in full if you decide to get them... Conversion rates for Virgin America are: 100 Elevate Points = 200 Membership Rewards® Points All the best.
  • Deborah Ellsworth
     would very much like to start a new credit history  by making payments on time I would tohave a credit card that is NOT PREPAYID! I don't need a card with a high limit just something to start a new credit history. Thank You Deborah Ellsworth
  • Deborah Ellsworth
    I would very much like to start a new credit line to get back on track. I DO NOT WANT A PREPAID CARD!! This new credit card if I am approved does not have to hace a high limit just something for me to start over again and prove myself ThankYou. D Ellsworth
  • Miss Edna
    there is a huge problem with the RFIP chip: it is easily compromised. There are already 'readers' in the form of what looks like a cellphone in a case, that scans all the info in the chip by merely walking near a person -- this 'reader' penetrates leather, cloth, spandex, etc. The only thing it will NOT penetrate is METAL. Perhaps one has seen commercials touting metal credit card cases. Here is my hint for a free fix: cut a piece of aluminum foil or use the foil that is used to keep foods fresh, like coffee. Cut it so that when folded once, it forms a sleeve for your credit card. place the credit card in the sleeve, then place the sleeve in your wallet.
  • Robin Parks
    I am looking to apply for the AARP Visa signature card from Chase that offers $100 after spend $500 in first 3 months, no annual fee and 0% interest first year; I don't want to mail in offer because of having to write in Social security #. Can you direct me to the proper on-line site?
  • CreditLandCom
    The Chase bank cards are not currently available at, but you can consider applying for the Citi® Dividend Platinum Select® Visa® Card - $100 Cash Back. The cards has similar terms and cash back program.
  • Becky
    This is Becky Now what do I do just waqit for acard to come to me?
  • CreditLandCom
    Once you have applied, you should receive a letter within 10 business days letting you know if you were approved and when your card will arrive. If you did not receive any letter or notification from the issuer, you should contact them directly. Also, you should contact the issuer if you’ve been waiting for your credit card longer than 30 days. Since we are not a bank and don’t issue credit cards, we cannot give you any information about your application or credit card.
  • SavingStar
    Thank you for posting about SavingStar. Just to clarify one sentence in your article, we have over 5 million members (not 500). Thanks, Josh
  • CreditLandCom
    Sorry for the misprint. We’ve corrected the sentence. Thank you for noticing that.
  • Eric
  • John Stifler
    I think almost all people that familiar with internet, will hardly fall to these scams, but for now, I think people that use computer but don't familiar with internet things, and they has a phone line at their home, they should be warned more than internet users. I think senior people usually got scammed by these kind of "tech support" scams. Found so many reports about them since years ago at complain board sites like We as younger, and know more about this stuff, should help and share information to they who needed it, especially older people.
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