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Is Washington Mutual "Plantinum" Mastercard A Prime Card


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I am still rebuilding credit through repair and paying my bills on time. I received a preapproved letter from Washington Mutual for a plantinum card. I called and if

I accept my credit line will be $3,000. unsecured. I currently only have a orchard unsecured card with a credit line of $300. with a $45.00 balance. My scores are

in the mid 600's.Stated at high 500's in March.The orchard card seemed to really help. I also have two mortgages that are current.

Is this card a "prime card" and will it be good for my fico scores and credit ratings. At this time I do not plan to use it. Should I apply for it?Thank you.

Penman

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It's a good card. It also comes with a free FICO score every month, which is the Bankcard Industry Option score--the actual score used by credit card issuers. It's currently the only way for consumers to see this particular score.

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LNY thanks for that information! I just recently got this card as my first card to start rebuilding, so I'm glad to know that it was a good choice! So far I have no complaints, and I love the FICO score bonus! They have not started reporting yet though and I got the card about 5 weeks ago. Does it take awhile for them to report to the credit bureaus?

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Yes they do report to all three. Great online payment and card management The only drawback is very minor- they are worse than Capitol One bombarding my mailbox with envelopes full of cash advance and balance transfer checks. And the interest rate is on the high side too, so I never carry any significant balances.

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