chilton1

Household Platinum mastercard?

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As always thanks for all the advise. Unfortunately now i cant make a decision without your help.

I got a preapproved application to Household Platinum mastercard . 0% for first 12 months then 12% after. Is household bank Platimun subprime? I dont know if i should apply. Does anywone know how they are with their limits are they generous?

I have the following cards:

Credit one bank= 450

Hooters 500

Approved for discover direct rewards don't know limit

Any opinions about the houshold do i need it? Will geting it further help my credit repair? this card will make the 3 card open this month.

Thanks for all your help

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It's not subprime (Orchard is their real subprime offering), but it's not prime either.

Have you done a search for Household, to read up on others' experences? That should always be your first step.

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:BigDance:

Thanks I did read up on houseold but all what I saw was that it was better than orchard but not if was Prime. thank you

I went ahead and applied on the phone and they gave me a $3000 limit. Will get the card in 5 to 10 days.

thanks to this site I'm human again, I'm human again

::travolta::

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That is really good to hear. And that $3000 is one of the highest initial limits I've ever seen from Household. I had mine for four years and was only up to $2800.

Congratulations!!!!:D

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I received a pretty good offer from them recently...

2% rewards on ALL purchases! With a 12% APR

Seems a little too good to be true from a non-prime lender.

Has anyone else received something like this?

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My wife has 2 cars with them. They constantly give killer BT options. But they told her the highest they go is $2400 max on both cards. That's what they're at. One is Orchard, 1 is Household. Neither one have a name on them, they both just say "Platinum Mastercard" Same terms, rate, etc. I don't see how one is Prime and one is not, other than just Orchard being associated with "SubPrime".

Peacock

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My wife has 2 cars with them. They constantly give killer BT options. But they told her the highest they go is $2400 max on both cards. That's what they're at. One is Orchard, 1 is Household. Neither one have a name on them, they both just say "Platinum Mastercard" Same terms, rate, etc. I don't see how one is Prime and one is not, other than just Orchard being associated with "SubPrime".

Peacock

Direred was referring to HSBC proper, as opposed to Household.

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Thanks guys.

So this is the update.

I had also applied for the bank of america card (since they check experian and i have a 712) well i got turned down for the Platinum plus and i was turned down for the secured card.:speechless: go figure. xjawdropx

They said "we could not approve your request becasue you have current or past delinquencies with one or more of our creditors and you do not have a suffucuent number of credit references.

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Thanks guys.

So this is the update.

I had also applied for the bank of america card (since they check experian and i have a 712) well i got turned down for the Platinum plus and i was turned down for the secured card.:speechless: go figure. xjawdropx

They said "we could not approve your request becasue you have current or past delinquencies with one or more of our creditors and you do not have a suffucuent number of credit references.

Yeah, as you have now come to learn, score is not the only factor creditors consider... especially prime ones like Bank of America!!

But congrats on your $3k Household card!!!xdancex

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Thanks. I could not have done it without the help I got from everyone here ::allhail::

I will hold off for now no more applications for another year. Now back to removing the paid collections.

Again thanks guys

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Direred was referring to HSBC proper, as opposed to Household.

Yeah. DH (who's so prime he doesn't know how prime he is) got an offer for HSBC Platinum, 5k min. He shredded it. Bastard! :)

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Yeah BOA are strange cookies. I got a pre-approved offer from them about a year ago when my credit was worse than it is now. I went ahead and sent it in thinking they would find some reason to decline me and poof! They sent me a card with a 3000 limit. I find it so odd to hear they turn down people with good scores.

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Regarding my preapproved Household offer with 2% cash back on purchases...

That sounds like a prime HSBC card.

I double check today and the offer simply says "Platinum Select MC". The website given is www.hbaccept.com

Which brings me back to my original question - is this for real? Has anyone else received an offer like this?

Lately I've received several offers from Orchard and Household, but never ones with rewards.

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Look at the offer Chilton1 in this thread got (and was approved for) from Household. Why do you wonder if it's "for real"? These companies change their offerings all the time. If you want/need it and you think you can get it, give it a shot! :)

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DW and I both applied to HSBC. We got their cash or fly platinum cards, with $8k on one and $8.5k on the other. I think a lot of the reason for the high limits is that we have a large online savings account with them.

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DW and I both applied to HSBC. We got their cash or fly platinum cards, with $8k on one and $8.5k on the other. I think a lot of the reason for the high limits is that we have a large online savings account with them.

To be clear, we need to remember that there is a big difference between HSBC and Household. HSBC may own Household, but it's an entirely different tier with entirely different underwriting standards and requirements. This thread is about Household cards.

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To be clear, we need to remember that there is a big difference between HSBC and Household. HSBC may own Household, but it's an entirely different tier with entirely different underwriting standards and requirements. This thread is about Household cards.

:)++

I'm a bit confused.....:roll:

When I go to Household.com its the same card that HSBC is offering DH....

*LNY...its ball season! You haven't changed your Avatar!

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:)++

I'm a bit confused.....:roll:

When I go to Household.com its the same card that HSBC is offering DH....

*LNY...its ball season! You haven't changed your Avatar!

She's a mets fan..I wouldn't either...GO TIGERS!! 8-)

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Regarding my preapproved Household offer with 2% cash back on purchases...

I double check today and the offer simply says "Platinum Select MC". The website given is www.hbaccept.com

Which brings me back to my original question - is this for real? Has anyone else received an offer like this?

Lately I've received several offers from Orchard and Household, but never ones with rewards.

I got one today in the mail. Applied on line and was approved. :-)

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